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 | |
|---|---|---|---|---|---|---|
|
THS
2851
DELISTED
Treehouse Foods
THS
| $859K | ﹤0.01% |
17,051
-3,701
| -18% | -$190K |
|
2852
PBF Energy
PBF
$8.19B
| $857K | ﹤0.01% |
20,924
-428,629
| -95% | -$16.3M |
|
2853
Hilton Grand Vacations
HGV
$3.41B
| $855K | ﹤0.01% |
18,825
+2,167
| +13% | +$96.7K |
|
|
SOR
2854
Source Capital
SOR
$383M
| $849K | ﹤0.01% |
22,153
-1,637
| -7% | -$61.3K |
|
2855
Camping World
CWH
$647M
| $849K | ﹤0.01% |
28,192
-1,413
| -5% | -$35.6K |
|
|
FINV
2856
FinVolution Group
FINV
$1.06B
| $848K | ﹤0.01% |
184,296
-493,928
| -73% | -$2.03M |
|
|
LTC
2857
LTC Properties
LTC
$2.08B
| $846K | ﹤0.01% |
25,630
-193,621
| -88% | -$6.46M |
|
2858
MasterBrand
MBC
$1.84B
| $846K | ﹤0.01% |
72,743
+13,907
| +24% | +$133K |
|
2859
Independence Realty Trust
IRT
$3.91B
| $846K | ﹤0.01% |
46,410
+7,453
| +19% | +$127K |
|
|
WBND
2860
DELISTED
Western Asset Total Return ETF
WBND
| $844K | ﹤0.01% |
41,224
+4,026
| +11% | +$83K |
|
2861
Black Hills Corp
BKH
$5.6B
| $843K | ﹤0.01% |
13,984
+615
| +5% | +$39K |
|
2862
AdvisorShares Dorsey Wright ADR ETF
AADR
$39.1M
| $842K | ﹤0.01% |
16,970
+711
| +4% | +$34.2K |
|
|
HI
2863
DELISTED
Hillenbrand
HI
| $841K | ﹤0.01% |
16,402
+5,378
| +49% | +$259K |
|
2864
Franklin International Core Dividend Tilt Index ETF
DIVI
$2.78B
| $841K | ﹤0.01% |
28,761
+9,615
| +50% | +$281K |
|
2865
iShares Core Dividend ETF
DIVB
$1.77B
| $840K | ﹤0.01% |
21,959
+735
| +3% | +$27.3K |
|
2866
American Airlines Group
AAL
$9.92B
| $840K | ﹤0.01% |
46,807
-12,317
| -21% | -$181K |
|
|
FLG
2867
Flagstar Bank National Association
FLG
$5.93B
| $839K | ﹤0.01% |
24,870
-28,630
| -54% | -$869K |
|
2868
Innovator US Small Cap Power Buffer ETF January
KJAN
$328M
| $837K | ﹤0.01% |
26,168
+3,601
| +16% | +$111K |
|
2869
Aramark
ARMK
$15.9B
| $836K | ﹤0.01% |
26,898
-15,541
| -37% | -$423K |
|
2870
ProShares Ultra S&P500
SSO
$8.39B
| $836K | ﹤0.01% |
28,744
+12,590
| +78% | +$330K |
|
|
BSMO
2871
DELISTED
Invesco BulletShares 2024 Municipal Bond ETF
BSMO
| $836K | ﹤0.01% |
33,738
+15,247
| +82% | +$377K |
|
2872
iShares Interest Rate Hedged High Yield Bond ETF
HYGH
$601M
| $836K | ﹤0.01% |
9,973
+483
| +5% | +$39.6K |
|
2873
Maravai LifeSciences
MRVI
$861M
| $835K | ﹤0.01% |
67,162
-77,494
| -54% | -$1.05M |
|
2874
Invesco KBW Property & Casualty Insurance ETF
KBWP
$268M
| $835K | ﹤0.01% |
10,194
+2,469
| +32% | +$204K |
|
2875
Principal Active High Yield ETF
YLD
$583M
| $833K | ﹤0.01% |
45,405
+7,663
| +20% | +$140K |
|
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.