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 US Aggregate Bond ETF
AGG
|
+$745M |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$617M |
| 3 |
iShares MSCI USA Quality Factor ETF
QUAL
|
+$607M |
| 4 |
iShares MSCI Intl Quality Factor ETF
IQLT
|
+$487M |
| 5 |
Dimensional US Core Equity 2 ETF
DFAC
|
+$342M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$11.6B |
| 2 |
Vanguard S&P 500 ETF
VOO
|
+$10.2B |
| 3 |
NVR
NVR
|
+$7.98B |
| 4 |
iShares Russell 1000 ETF
IWB
|
+$5.36B |
| 5 |
Vanguard Morningstar Large-Cap ETF
VV
|
+$5.3B |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 6.88% |
| 2 | Healthcare | 4.17% |
| 3 | Financials | 3.83% |
| 4 | Industrials | 2.97% |
| 5 | Consumer Discretionary | 2.95% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2751
Cohen & Steers Infrastructure Fund
UTF
$3.01B
| $993K | ﹤0.01% |
42,042
-2,353
| -5% | -$53.4K |
|
|
PMX
2752
DELISTED
PIMCO Municipal Income Fund III
PMX
| $993K | ﹤0.01% |
123,299
+6,709
| +6% | +$53.7K |
|
2753
Buckle
BKE
$2.3B
| $991K | ﹤0.01% |
28,649
-222,488
| -89% | -$7.46M |
|
|
SMAR
2754
DELISTED
Smartsheet Inc.
SMAR
| $991K | ﹤0.01% |
25,903
-1,716
| -6% | -$74.2K |
|
2755
Innovator US Equity Buffer ETF November
BNOV
$213M
| $990K | ﹤0.01% |
29,151
+5,740
| +25% | +$185K |
|
2756
iShares US Small Cap Value Factor ETF
SVAL
$211M
| $990K | ﹤0.01% |
37,083
+1,390
| +4% | +$35.7K |
|
2757
ProShares Ultra Energy
DIG
$83M
| $990K | ﹤0.01% |
27,968
+1,698
| +6% | +$60.6K |
|
|
CMBM
2758
DELISTED
Cambium Networks
CMBM
| $989K | ﹤0.01% |
64,963
-1,694
| -3% | -$26.3K |
|
|
MVF
2759
DELISTED
BlackRock MuniVest Fund
MVF
| $988K | ﹤0.01% |
146,832
-232
| -0.2% | -$1.56K |
|
2760
Community Bank
CBU
$3.44B
| $986K | ﹤0.01% |
21,029
+1,123
| +6% | +$55K |
|
2761
Dana Inc
DAN
$3.27B
| $985K | ﹤0.01% |
57,927
-142
| -0.2% | -$2.07K |
|
2762
Insmed
INSM
$27.9B
| $983K | ﹤0.01% |
46,593
+127
| +0.3% | +$2.41K |
|
2763
Minerals Technologies
MTX
$2.26B
| $978K | ﹤0.01% |
16,961
+2,310
| +16% | +$134K |
|
|
JHG
2764
DELISTED
Janus Henderson
JHG
| $975K | ﹤0.01% |
35,789
+4,026
| +13% | +$107K |
|
2765
iShares ESG Advanced High Yield Corporate Bond ETF
HYXF
$196M
| $975K | ﹤0.01% |
22,114
-6,155
| -22% | -$270K |
|
2766
John Hancock Multifactor Small Cap ETF
JHSC
$745M
| $974K | ﹤0.01% |
29,119
+769
| +3% | +$24.4K |
|
2767
AllianzIM U.S. Equity Buffer20 May ETF
MAYW
$453M
| $972K | ﹤0.01% |
+37,583
| New | +$950K |
|
|
EFC
2768
Ellington Financial
EFC
$1.77B
| $969K | ﹤0.01% |
70,244
+297
| +0.4% | +$3.79K |
|
|
DHF
2769
BNY Mellon High Yield Strategies Fund
DHF
$176M
| $969K | ﹤0.01% |
436,579
-5,173
| -1% | -$11.3K |
|
|
CMA
2770
DELISTED
Comerica
CMA
| $967K | ﹤0.01% |
22,839
+1,175
| +5% | +$47.5K |
|
2771
Enel Chile
ENIC
$6.13B
| $965K | ﹤0.01% |
289,856
+41,490
| +17% | +$122K |
|
2772
BellRing Brands
BRBR
$1.26B
| $962K | ﹤0.01% |
26,286
-206
| -0.8% | -$7.39K |
|
|
COOP
2773
DELISTED
Mr. Cooper
COOP
| $962K | ﹤0.01% |
18,988
-451,715
| -96% | -$20.7M |
|
2774
Dimensional US Large Cap Value ETF
DFLV
$7.01B
| $961K | ﹤0.01% |
+37,848
| New | +$929K |
|
2775
AllianzIM U.S. Equity Buffer20 Feb ETF
FEBW
$200M
| $961K | ﹤0.01% |
36,367
-65
| -0.2% | -$1.67K |
|
Similar funds
Envestnet Asset Management's Q2 2023 Portfolio in Review
As of Q2 2023, Envestnet Asset Management held 4,151 positions worth $226B, up 8.4% from $208B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Envestnet Asset Management withdrew a net $115B in Q2 2023, closing 210 positions and reducing 1,898 holdings. Its most notable exit was ABB Ltd, an estimated $21.7M position sold in full.
By sector, the portfolio is most concentrated in Technology at 6.9% of assets, up from 6.4% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Envestnet Asset Management opened a new position in ActivePassive US Equity ETF worth $169M.
- Envestnet Asset Management's largest Q2 2023 buy was ActivePassive US Equity ETF: 6,261,189 shares worth $169M.
- Envestnet Asset Management added most to iShares Core US Aggregate Bond ETF in Q2 2023, an estimated $745M increase.
- Envestnet Asset Management's biggest Q2 2023 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $11.6B.
- Envestnet Asset Management fully exited ABB Ltd in Q2 2023, selling an estimated $21.7M.
- Envestnet Asset Management's ten largest holdings make up 25% of its $226B portfolio in Q2 2023.
- Envestnet Asset Management opened 186 new positions and closed 210 in Q2 2023.
- Envestnet Asset Management's portfolio value rose 8.4% quarter-over-quarter to $226B.
Based on Envestnet Asset Management's 13F filing for Q2 2023, filed 4 Aug 2023.