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 | |
|---|---|---|---|---|---|---|
|
GAM
2801
General American Investors Company
GAM
$1.61B
| $1.41M | ﹤0.01% |
28,440
-634
| -2% | -$30K |
|
2802
Graham Holdings Company
GHC
$4.94B
| $1.41M | ﹤0.01% |
2,021
+13
| +0.6% | +$9.5K |
|
2803
RH
RH
$3.44B
| $1.41M | ﹤0.01% |
5,771
-2,535
| -31% | -$667K |
|
2804
Beacon Tactical Risk ETF
BTR
$32.9M
| $1.41M | ﹤0.01% |
57,217
+5,612
| +11% | +$137K |
|
2805
Black Hills Corp
BKH
$5.6B
| $1.41M | ﹤0.01% |
25,879
+3,555
| +16% | +$194K |
|
2806
iShares Core Conservative Allocation ETF
AOK
$793M
| $1.4M | ﹤0.01% |
38,031
+25,589
| +206% | +$934K |
|
2807
Beacon Unified Catalyst ETF
BSR
$35.2M
| $1.4M | ﹤0.01% |
50,858
+1,338
| +3% | +$36.4K |
|
2808
Credo Technology Group
CRDO
$50.7B
| $1.4M | ﹤0.01% |
43,766
-3,430
| -7% | -$75.8K |
|
|
SIX
2809
DELISTED
Six Flags Entertainment Corp.
SIX
| $1.39M | ﹤0.01% |
42,080
-1,711
| -4% | -$45K |
|
|
LTC
2810
LTC Properties
LTC
$2.09B
| $1.39M | ﹤0.01% |
40,407
+16,946
| +72% | +$565K |
|
|
PLYA
2811
DELISTED
Playa Hotels & Resorts
PLYA
| $1.39M | ﹤0.01% |
166,017
-2,772
| -2% | -$24.4K |
|
2812
Compass Diversified
CODI
$913M
| $1.39M | ﹤0.01% |
63,621
+5,151
| +9% | +$116K |
|
|
ZTR
2813
Virtus Total Return Fund
ZTR
$340M
| $1.39M | ﹤0.01% |
254,508
-238
| -0.1% | -$1.29K |
|
2814
KBR
KBR
$4.75B
| $1.39M | ﹤0.01% |
21,638
+4,986
| +30% | +$322K |
|
2815
Liberty Media Series A
FWONA
$23.9B
| $1.39M | ﹤0.01% |
21,576
-1,191
| -5% | -$75.8K |
|
2816
WisdomTree Mortgage Plus Bond Fund
MTGP
$74.4M
| $1.39M | ﹤0.01% |
32,126
+1,402
| +5% | +$60.1K |
|
2817
Varonis Systems
VRNS
$4.83B
| $1.39M | ﹤0.01% |
28,880
+778
| +3% | +$34.5K |
|
2818
Xtrackers MSCI Europe Hedged Equity ETF
DBEU
$799M
| $1.38M | ﹤0.01% |
33,286
+20,799
| +167% | +$863K |
|
2819
Sonos
SONO
$1.81B
| $1.38M | ﹤0.01% |
93,701
+477
| +0.5% | +$7.92K |
|
2820
Zoom
ZM
$30.6B
| $1.38M | ﹤0.01% |
23,365
-868
| -4% | -$53.3K |
|
2821
Global X S&P 500 Risk Managed Income ETF
XRMI
$49.8M
| $1.38M | ﹤0.01% |
73,360
+9,044
| +14% | +$171K |
|
2822
RXO
RXO
$3.72B
| $1.38M | ﹤0.01% |
52,663
-8,467
| -14% | -$176K |
|
2823
Virtus SEIX Senior Loan ETF
SEIX
$252M
| $1.37M | ﹤0.01% |
57,456
+5,422
| +10% | +$130K |
|
|
HBI
2824
DELISTED
Hanesbrands
HBI
| $1.37M | ﹤0.01% |
277,656
-158,979
| -36% | -$779K |
|
2825
Nuveen Mortgage and Income Fund
JLS
$95.1M
| $1.37M | ﹤0.01% |
75,807
+9,690
| +15% | +$171K |
|
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.