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 | |
|---|---|---|---|---|---|---|
2926
iShares MSCI France ETF
EWQ
$334M
| $789K | ﹤0.01% |
20,481
-12,775
| -38% | -$491K |
|
2927
Franklin FTSE United Kingdom ETF
FLGB
$927M
| $788K | ﹤0.01% |
32,276
-19,480
| -38% | -$484K |
|
|
AIV
2928
Aimco
AIV
$376M
| $785K | ﹤0.01% |
92,188
-342,709
| -79% | -$2.79M |
|
2929
Intellia Therapeutics
NTLA
$1.68B
| $785K | ﹤0.01% |
19,257
-244
| -1% | -$9.89K |
|
2930
Invesco Dorsey Wright Technology Momentum ETF
PTF
$628M
| $785K | ﹤0.01% |
15,987
-987
| -6% | -$43.2K |
|
2931
Scholastic
SCHL
$780M
| $784K | ﹤0.01% |
20,168
-224,779
| -92% | -$8.72M |
|
2932
Diamondrock Hospitality Co
DRH
$2.46B
| $784K | ﹤0.01% |
97,910
-254,688
| -72% | -$2.06M |
|
2933
Tower Semiconductor
TSEM
$28.2B
| $784K | ﹤0.01% |
20,901
-3,715
| -15% | -$154K |
|
2934
Origin Bancorp
OBK
$1.66B
| $784K | ﹤0.01% |
26,756
-605
| -2% | -$18.1K |
|
2935
Schwab Fundamental US Broad Market Index ETF
FNDB
$1.47B
| $783K | ﹤0.01% |
41,394
-17,394
| -30% | -$316K |
|
2936
Vita Coco
COCO
$3.73B
| $782K | ﹤0.01% |
29,119
-1,431
| -5% | -$34.8K |
|
2937
Weibo
WB
$1.93B
| $782K | ﹤0.01% |
59,647
-20
| -0% | -$318 |
|
|
AAMI
2938
Acadian Asset Management
AAMI
$3.25B
| $781K | ﹤0.01% |
37,279
+1,671
| +5% | +$37.2K |
|
2939
Veeco
VECO
$3.07B
| $781K | ﹤0.01% |
30,403
+2,402
| +9% | +$52.8K |
|
2940
Invesco Dow Jones Industrial Average Dividend ETF
DJD
$496M
| $781K | ﹤0.01% |
18,293
+3,887
| +27% | +$165K |
|
|
GDL
2941
GDL Fund
GDL
$92M
| $781K | ﹤0.01% |
99,500
-4,929
| -5% | -$38.5K |
|
2942
DigitalOcean
DOCN
$14.2B
| $780K | ﹤0.01% |
19,443
-1,711
| -8% | -$63.1K |
|
2943
First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund
MDIV
$429M
| $780K | ﹤0.01% |
53,597
-16,391
| -23% | -$237K |
|
2944
Invesco High Income Trust II
VLT
$65.6M
| $779K | ﹤0.01% |
74,196
-1,462
| -2% | -$15.2K |
|
2945
Innovator US Equity Ultra Buffer ETF February
UFEB
$241M
| $779K | ﹤0.01% |
27,975
-375
| -1% | -$10.1K |
|
|
TXNM
2946
TXNM Energy Inc
TXNM
$5.91B
| $778K | ﹤0.01% |
17,248
-576
| -3% | -$27.1K |
|
|
X
2947
DELISTED
US Steel
X
| $778K | ﹤0.01% |
31,095
-85,661
| -73% | -$1.99M |
|
2948
NeoGenomics
NEO
$2.12B
| $776K | ﹤0.01% |
48,292
+33,954
| +237% | +$560K |
|
2949
BioLife Solutions
BLFS
$1.7B
| $775K | ﹤0.01% |
35,066
+793
| +2% | +$16.7K |
|
2950
Avis
CAR
$4.97B
| $775K | ﹤0.01% |
3,388
-111,653
| -97% | -$20.5M |
|
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.