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 |
BlackRock US Equity Factor Rotation ETF
DYNF
|
+$2.39B |
| 2 |
iShares Core Universal USD Bond ETF
IUSB
|
+$1.55B |
| 3 |
iShares S&P 500 Value ETF
IVE
|
+$1.36B |
| 4 |
iShares S&P 500 Growth ETF
IVW
|
+$948M |
| 5 |
iShares Currency Hedged MSCI EAFE ETF
HEFA
|
+$706M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$2.01B |
| 2 |
iShares Treasury Floating Rate Bond ETF
TFLO
|
+$1.3B |
| 3 |
iShares ESG Aware MSCI USA ETF
ESGU
|
+$883M |
| 4 |
iShares S&P 100 ETF
OEF
|
+$788M |
| 5 |
iShares MSCI USA Min Vol Factor ETF
USMV
|
+$734M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 9.07% |
| 2 | Financials | 5.49% |
| 3 | Healthcare | 5.18% |
| 4 | Industrials | 4.16% |
| 5 | Consumer Discretionary | 3.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2776
Frontline
FRO
$9.2B
| $1.46M | ﹤0.01% |
+62,613
| New | +$1.41M |
|
2777
Black Stone Minerals
BSM
$3.07B
| $1.46M | ﹤0.01% |
91,324
-12,684
| -12% | -$201K |
|
2778
Golar LNG
GLNG
$5.34B
| $1.46M | ﹤0.01% |
60,550
-13,692
| -18% | -$305K |
|
|
WIW
2779
Western Asset Inflation-Linked Opportunities & Income Fund
WIW
$512M
| $1.46M | ﹤0.01% |
168,757
+157,253
| +1,367% | +$1.35M |
|
2780
ProShares Short Russell2000
RWM
$99.1M
| $1.45M | ﹤0.01% |
72,521
-1,106
| -2% | -$23.6K |
|
2781
State Street SPDR S&P Global Dividend ETF
WDIV
$284M
| $1.45M | ﹤0.01% |
24,217
+5,363
| +28% | +$318K |
|
2782
Myriad Genetics
MYGN
$298M
| $1.45M | ﹤0.01% |
67,936
-150,819
| -69% | -$3.24M |
|
|
NVMI
2783
Nova
NVMI
$13.3B
| $1.45M | ﹤0.01% |
+8,160
| New | +$1.29M |
|
|
EVN
2784
Eaton Vance Municipal Income Trust
EVN
$435M
| $1.44M | ﹤0.01% |
140,535
+581
| +0.4% | +$5.88K |
|
2785
WisdomTree True Developed International Fund
DOL
$848M
| $1.44M | ﹤0.01% |
27,803
-327,079
| -92% | -$16.3M |
|
2786
Toews Agility Shares Managed Risk ETF
MRSK
$322M
| $1.44M | ﹤0.01% |
46,463
-2,090
| -4% | -$62.3K |
|
2787
Banco Macro
BMA
$4.97B
| $1.44M | ﹤0.01% |
29,793
+20,638
| +225% | +$730K |
|
2788
KraneShares Value Line Dynamic Dividend Equity Index ETF
KVLE
$42.8M
| $1.43M | ﹤0.01% |
59,157
-3,071
| -5% | -$71K |
|
2789
VanEck CLO ETF
CLOI
$1.53B
| $1.43M | ﹤0.01% |
27,002
+6,359
| +31% | +$334K |
|
2790
Invesco S&P MidCap 400 Pure Value ETF
RFV
$343M
| $1.42M | ﹤0.01% |
11,937
+4,497
| +60% | +$507K |
|
2791
Alpha Architect Tail Risk ETF
CAOS
$694M
| $1.42M | ﹤0.01% |
+16,882
| New | +$1.41M |
|
2792
Helios Technologies
HLIO
$2.7B
| $1.42M | ﹤0.01% |
31,812
-16,438
| -34% | -$706K |
|
2793
National Vision
EYE
$1.5B
| $1.42M | ﹤0.01% |
64,080
+7,991
| +14% | +$168K |
|
|
ZTR
2794
Virtus Total Return Fund
ZTR
$339M
| $1.42M | ﹤0.01% |
254,746
-1,545
| -0.6% | -$8.27K |
|
2795
Galicia Financial Group
GGAL
$7.02B
| $1.42M | ﹤0.01% |
55,736
-18,349
| -25% | -$381K |
|
2796
McGrath RentCorp
MGRC
$2.97B
| $1.42M | ﹤0.01% |
11,471
-6,370
| -36% | -$770K |
|
2797
Intellia Therapeutics
NTLA
$1.65B
| $1.41M | ﹤0.01% |
51,292
+2,036
| +4% | +$56.6K |
|
2798
Compass Diversified
CODI
$961M
| $1.41M | ﹤0.01% |
58,470
+502
| +0.9% | +$11.4K |
|
2799
Minerals Technologies
MTX
$2.25B
| $1.4M | ﹤0.01% |
18,630
+348
| +2% | +$24.4K |
|
|
SWN
2800
DELISTED
Southwestern Energy Company
SWN
| $1.4M | ﹤0.01% |
184,851
-8,118
| -4% | -$55.1K |
|
Similar funds
Envestnet Asset Management's Q1 2024 Portfolio in Review
As of Q1 2024, Envestnet Asset Management held 4,339 positions worth $268B, up 11% from $242B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Envestnet Asset Management deployed $9.25B of net new capital in Q1 2024, opening 297 new positions and adding to 2,310 existing holdings. Its largest new stake was BlackRock US Equity Factor Rotation ETF: 57,065,385 shares worth $2.53B.
By sector, the portfolio is most concentrated in Technology at 9.1% of assets, up from 8.7% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was iShares Core S&P 500 ETF, an estimated $2.01B trimmed.
- Envestnet Asset Management's largest Q1 2024 buy was BlackRock US Equity Factor Rotation ETF: 57,065,385 shares worth $2.53B.
- Envestnet Asset Management added most to iShares Core Universal USD Bond ETF in Q1 2024, an estimated $1.55B increase.
- Envestnet Asset Management's biggest Q1 2024 reduction was iShares Core S&P 500 ETF, cutting an estimated $2.01B.
- Envestnet Asset Management fully exited Splunk Inc in Q1 2024, selling an estimated $21.8M.
- Envestnet Asset Management's ten largest holdings make up 20% of its $268B portfolio in Q1 2024.
- Envestnet Asset Management opened 297 new positions and closed 169 in Q1 2024.
- Envestnet Asset Management's portfolio value rose 11% quarter-over-quarter to $268B.
Based on Envestnet Asset Management's 13F filing for Q1 2024, filed 13 May 2024.