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 | |
|---|---|---|---|---|---|---|
2776
Invesco S&P 500 BuyWrite ETF
PBP
$362M
| $961K | ﹤0.01% |
43,423
+9,461
| +28% | +$204K |
|
2777
Invesco KBW Bank ETF
KBWB
$6.83B
| $960K | ﹤0.01% |
23,381
+7,958
| +52% | +$324K |
|
|
TGNA
2778
DELISTED
TEGNA Inc
TGNA
| $958K | ﹤0.01% |
58,983
+15,885
| +37% | +$259K |
|
2779
Teladoc Health
TDOC
$1.2B
| $957K | ﹤0.01% |
37,778
+1,452
| +4% | +$36.5K |
|
|
MMU
2780
Western Asset Managed Municipals Fund
MMU
$553M
| $956K | ﹤0.01% |
96,323
-1,681
| -2% | -$16.8K |
|
2781
Virtus SEIX Senior Loan ETF
SEIX
$252M
| $956K | ﹤0.01% |
40,551
+9,468
| +30% | +$222K |
|
|
JOYY
2782
JOYY Inc
JOYY
$3.79B
| $955K | ﹤0.01% |
31,102
-474,614
| -94% | -$13.9M |
|
2783
Harmony Biosciences
HRMY
$2.3B
| $951K | ﹤0.01% |
27,032
-172,162
| -86% | -$5.94M |
|
|
NATI
2784
DELISTED
National Instruments Corp
NATI
| $950K | ﹤0.01% |
16,556
-326,457
| -95% | -$18.7M |
|
|
PGTI
2785
DELISTED
PGT, Inc.
PGTI
| $950K | ﹤0.01% |
32,591
+6,015
| +23% | +$158K |
|
2786
First Trust Lunt US Factor Rotation ETF
FCTR
$55.8M
| $950K | ﹤0.01% |
36,162
-48,294
| -57% | -$1.24M |
|
|
PHT
2787
DELISTED
Pioneer High Income Fund
PHT
| $949K | ﹤0.01% |
141,235
-818
| -0.6% | -$5.48K |
|
2788
Invesco Building & Construction ETF
PKB
$396M
| $949K | ﹤0.01% |
17,453
+8,128
| +87% | +$392K |
|
2789
Vanguard US Minimum Volatility ETF
VFMV
$444M
| $949K | ﹤0.01% |
9,510
-183
| -2% | -$18K |
|
2790
XPO
XPO
$24.4B
| $948K | ﹤0.01% |
16,069
+1,331
| +9% | +$60.3K |
|
|
DHY
2791
Credit Suisse High Yield Credit Fund
DHY
$243M
| $946K | ﹤0.01% |
500,787
-19,603
| -4% | -$37.2K |
|
|
EVRI
2792
DELISTED
Everi Holdings
EVRI
| $946K | ﹤0.01% |
65,404
-6,561
| -9% | -$99.7K |
|
|
EB
2793
DELISTED
Eventbrite
EB
| $945K | ﹤0.01% |
98,952
+618
| +0.6% | +$4.86K |
|
2794
iShares Global Financials ETF
IXG
$697M
| $944K | ﹤0.01% |
13,190
-871
| -6% | -$61.2K |
|
2795
OSI Systems
OSIS
$3.79B
| $941K | ﹤0.01% |
7,987
-441,294
| -98% | -$50.6M |
|
|
DBL
2796
DoubleLine Opportunistic Credit Fund
DBL
$281M
| $940K | ﹤0.01% |
64,771
-26
| -0% | -$378 |
|
|
NSL
2797
DELISTED
NUVEEN SENIOR INCM FD
NSL
| $939K | ﹤0.01% |
205,090
+1,938
| +1% | +$8.83K |
|
2798
ProShares K-1 Free Crude Oil Strategy ETF
OILK
$234M
| $939K | ﹤0.01% |
23,096
-56
| -0.2% | -$2.33K |
|
2799
Strategy Shares Nasdaq 7HANDL Index ETF
HNDL
$638M
| $938K | ﹤0.01% |
46,142
+11,438
| +33% | +$230K |
|
|
MHI
2800
DELISTED
Pioneer Municipal High Income Fund
MHI
| $935K | ﹤0.01% |
109,671
-2,096
| -2% | -$18K |
|
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.