Envestnet Asset Management Portfolio holdings
Envestnet Asset Management, a subsidiary of Envestnet, Inc., founded in 1999 by Jud Bergman and Bill Crager, is a Chicago-based financial technology firm that provides wealth management solutions and software to financial advisors and institutions, managing over $426 billion in discretionary assets as of late 2024. Headquartered at 35 East Wacker Drive, it serves a vast network, including over 111,000 advisors and major U.S. banks, with a platform overseeing more than $6.5 trillion in assets, offering tools like portfolio management, trading, and reporting through an integrated ecosystem. Known for its innovative AdvisorSuite software and Portfolio Management Consultants (PMC) division, Envestnet supports advisors with sub-advisory services, research, and data analytics, bolstered by its 2015 acquisition of Yodlee for enhanced data aggregation. Recently acquired by a Bain Capital-led consortium for $4.5 billion in November 2024, Envestnet continues to evolve as a private entity, focusing on scalable, tech-driven wealth management solutions.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$3.32B |
| 2 |
Invesco NASDAQ 100 ETF
QQQM
|
+$1.35B |
| 3 |
iShares S&P 500 Growth ETF
IVW
|
+$1.35B |
| 4 |
iShares MSCI EAFE Growth ETF
EFG
|
+$991M |
| 5 |
iShares Core S&P Small-Cap ETF
IJR
|
+$909M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI EAFE Value ETF
EFV
|
+$632M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$579M |
| 3 |
iShares Global Energy ETF
IXC
|
+$304M |
| 4 |
iShares Currency Hedged MSCI EAFE ETF
HEFA
|
+$246M |
| 5 |
State Street SPDR S&P 400 Mid Cap Growth ETF
MDYG
|
+$243M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 9.34% |
| 2 | Financials | 5.11% |
| 3 | Healthcare | 4.83% |
| 4 | Industrials | 3.81% |
| 5 | Consumer Discretionary | 3.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2726
RPC Inc
RES
$1.39B
| $1.62M | ﹤0.01% |
259,244
+40,378
| +18% | +$282K |
|
2727
Acco Brands
ACCO
$400M
| $1.62M | ﹤0.01% |
344,607
+34,905
| +11% | +$174K |
|
|
ETW
2728
Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund
ETW
$1.07B
| $1.62M | ﹤0.01% |
195,656
-711
| -0.4% | -$5.76K |
|
|
SMAR
2729
DELISTED
Smartsheet Inc.
SMAR
| $1.62M | ﹤0.01% |
36,662
+10,901
| +42% | +$435K |
|
2730
First Trust STOXX European Select Dividend Income Fund
FDD
$908M
| $1.61M | ﹤0.01% |
137,253
+12,163
| +10% | +$148K |
|
2731
Vanguard S&P Mid-Cap 400 Growth ETF
IVOG
$1.73B
| $1.6M | ﹤0.01% |
14,632
-329
| -2% | -$36.1K |
|
2732
Credit Acceptance
CACC
$6.07B
| $1.6M | ﹤0.01% |
3,112
-341
| -10% | -$174K |
|
2733
iShares S&P 500 BuyWrite ETF
IVVW
$340M
| $1.6M | ﹤0.01% |
+32,115
| New | +$1.58M |
|
2734
ProShares Bitcoin Strategy ETF
BITO
$1.43B
| $1.6M | ﹤0.01% |
70,977
+10,326
| +17% | +$276K |
|
2735
Rogers Communications
RCI
$19.6B
| $1.59M | ﹤0.01% |
43,128
-44,352
| -51% | -$1.72M |
|
2736
Invesco Russell 1000 Equal Weight ETF
EQAL
$849M
| $1.59M | ﹤0.01% |
35,696
+186
| +0.5% | +$8.35K |
|
2737
iShares MSCI India Small-Cap ETF
SMIN
$776M
| $1.59M | ﹤0.01% |
19,680
-2,568
| -12% | -$194K |
|
2738
JPMorgan US Momentum Factor ETF
JMOM
$2.65B
| $1.59M | ﹤0.01% |
29,608
+906
| +3% | +$47.1K |
|
2739
Invesco Biotechnology & Genome ETF
PBE
$358M
| $1.58M | ﹤0.01% |
24,447
+909
| +4% | +$57.6K |
|
2740
Supernus Pharmaceuticals
SUPN
$2.75B
| $1.58M | ﹤0.01% |
59,135
-29,213
| -33% | -$847K |
|
2741
Banco Bradesco
BBD
$34.4B
| $1.57M | ﹤0.01% |
700,521
-223,585
| -24% | -$578K |
|
2742
First Trust Exchange-Traded Fund II First Trust International Equity Opportunities ETF
FPXI
$305M
| $1.57M | ﹤0.01% |
33,311
+112
| +0.3% | +$5.22K |
|
2743
Innovator Power Buffer Step-Up Strategy ETF
PSTP
$133M
| $1.57M | ﹤0.01% |
51,417
+4,932
| +11% | +$146K |
|
2744
Sunoco
SUN
$14.1B
| $1.56M | ﹤0.01% |
27,641
+14,540
| +111% | +$793K |
|
2745
Nutanix
NTNX
$18.1B
| $1.56M | ﹤0.01% |
27,487
+3,656
| +15% | +$224K |
|
2746
Flywire
FLYW
$2.21B
| $1.55M | ﹤0.01% |
94,836
+22,015
| +30% | +$416K |
|
|
FAX
2747
abrdn Asia-Pacific Income Fund
FAX
$598M
| $1.55M | ﹤0.01% |
96,546
+8,932
| +10% | +$141K |
|
2748
Tanger
SKT
$4.42B
| $1.54M | ﹤0.01% |
56,937
+1,313
| +2% | +$36.1K |
|
2749
Harmony Gold Mining
HMY
$12.1B
| $1.54M | ﹤0.01% |
168,146
-15,750
| -9% | -$141K |
|
2750
iShares US Regional Banks ETF
IAT
$690M
| $1.53M | ﹤0.01% |
36,968
-2,565
| -6% | -$106K |
|
Similar funds
Envestnet Asset Management's Q2 2024 Portfolio in Review
As of Q2 2024, Envestnet Asset Management held 4,343 positions worth $287B, up 7.2% from $268B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Envestnet Asset Management deployed $16.4B of net new capital in Q2 2024, opening 173 new positions and adding to 2,304 existing holdings. Its largest new stake was BlackRock ETF Trust II iShares AAA CLO Active ETF: 822,748 shares worth $42.7M.
By sector, the portfolio is most concentrated in Technology at 9.3% of assets, up from 9.1% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was iShares MSCI EAFE Value ETF, an estimated $632M trimmed.
- Envestnet Asset Management's largest Q2 2024 buy was BlackRock ETF Trust II iShares AAA CLO Active ETF: 822,748 shares worth $42.7M.
- Envestnet Asset Management added most to iShares Core S&P 500 ETF in Q2 2024, an estimated $3.32B increase.
- Envestnet Asset Management's biggest Q2 2024 reduction was iShares MSCI EAFE Value ETF, cutting an estimated $632M.
- Envestnet Asset Management fully exited Pioneer Natural Resource Co. in Q2 2024, selling an estimated $35.1M.
- Envestnet Asset Management's ten largest holdings make up 22% of its $287B portfolio in Q2 2024.
- Envestnet Asset Management opened 173 new positions and closed 185 in Q2 2024.
- Envestnet Asset Management's portfolio value rose 7.2% quarter-over-quarter to $287B.
Based on Envestnet Asset Management's 13F filing for Q2 2024, filed 8 Aug 2024.