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 | |
|---|---|---|---|---|---|---|
2901
Amplify CEF High Income ETF
YYY
$742M
| $809K | ﹤0.01% |
69,214
+46,015
| +198% | +$533K |
|
2902
Greif
GEF
$4.98B
| $808K | ﹤0.01% |
11,732
-304,478
| -96% | -$19.6M |
|
|
SYNH
2903
DELISTED
Syneos Health, Inc. Class A Common Stock
SYNH
| $808K | ﹤0.01% |
19,173
-375,863
| -95% | -$15.2M |
|
|
AGR
2904
DELISTED
Avangrid, Inc.
AGR
| $806K | ﹤0.01% |
21,385
-3,748
| -15% | -$147K |
|
2905
Elastic
ESTC
$7.94B
| $805K | ﹤0.01% |
12,553
-123
| -1% | -$7.71K |
|
2906
iShares iBonds Dec 2026 Term Treasury ETF
IBTG
$2.21B
| $803K | ﹤0.01% |
35,461
+16,675
| +89% | +$383K |
|
2907
Guinness Atkinson Dividend Builder ETF
DIVS
$42M
| $803K | ﹤0.01% |
+31,545
| New | +$784K |
|
2908
First Trust Nasdaq Transportation ETF
FTXR
$1.05B
| $801K | ﹤0.01% |
26,906
+7,626
| +40% | +$206K |
|
2909
Qfin Holdings
QFIN
$1.56B
| $801K | ﹤0.01% |
46,352
-424,132
| -90% | -$7.13M |
|
2910
US Global Jets ETF
JETS
$827M
| $801K | ﹤0.01% |
37,378
-4,119
| -10% | -$77.4K |
|
2911
iShares iBonds Dec 2028 Term Treasury ETF
IBTI
$1.93B
| $800K | ﹤0.01% |
36,358
+9,921
| +38% | +$222K |
|
|
CDMO
2912
DELISTED
Avid Bioservices, Inc. Common Stock
CDMO
| $799K | ﹤0.01% |
57,191
-2,828
| -5% | -$48.2K |
|
2913
FT Vest US Equity Deep Buffer ETF July
DJUL
$457M
| $799K | ﹤0.01% |
23,015
+1,334
| +6% | +$44.2K |
|
2914
Alamo Group
ALG
$2.07B
| $798K | ﹤0.01% |
4,340
+206
| +5% | +$36.7K |
|
2915
Inspire Global Hope ETF
BLES
$164M
| $797K | ﹤0.01% |
23,840
+7,362
| +45% | +$241K |
|
2916
Enact Holdings
ACT
$6.75B
| $796K | ﹤0.01% |
31,671
-297,445
| -90% | -$7.26M |
|
2917
ClearBridge Dividend Strategy ESG ETF
YLDE
$173M
| $795K | ﹤0.01% |
18,793
+2,172
| +13% | +$88.3K |
|
2918
Kirby Corp
KEX
$7B
| $795K | ﹤0.01% |
10,329
-259
| -2% | -$18.6K |
|
2919
Weis Markets
WMK
$1.76B
| $794K | ﹤0.01% |
12,362
-483,956
| -98% | -$35.2M |
|
2920
PagSeguro Digital
PAGS
$2.48B
| $793K | ﹤0.01% |
84,043
+5,852
| +7% | +$59.3K |
|
2921
State Street SPDR S&P Transportation ETF
XTN
$388M
| $792K | ﹤0.01% |
9,460
+3,628
| +62% | +$269K |
|
|
MFM
2922
Aberdeen Municipal Income Fund
MFM
$222M
| $792K | ﹤0.01% |
155,269
-9,696
| -6% | -$49.6K |
|
2923
National Fuel Gas
NFG
$7.82B
| $790K | ﹤0.01% |
15,388
+1,220
| +9% | +$64.9K |
|
|
BSMN
2924
DELISTED
Invesco BulletShares 2023 Municipal Bond ETF
BSMN
| $790K | ﹤0.01% |
31,487
+14,469
| +85% | +$363K |
|
2925
Madison Square Garden
MSGS
$9.47B
| $790K | ﹤0.01% |
4,199
-165
| -4% | -$31.2K |
|
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.