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 | |
|---|---|---|---|---|---|---|
2951
Fidelity Dividend ETF for Rising Rates
FDRR
$757M
| $1.14M | ﹤0.01% |
23,558
-11,736
| -33% | -$548K |
|
2952
Invesco S&P 500 Equal Weight Utilities ETF
RSPU
$531M
| $1.14M | ﹤0.01% |
19,578
+2,823
| +17% | +$165K |
|
2953
Mueller Water Products
MWA
$4.09B
| $1.13M | ﹤0.01% |
63,252
-31,721
| -33% | -$546K |
|
2954
FT Vest International Equity Buffer ETF September
YSEP
$121M
| $1.13M | ﹤0.01% |
52,389
+9,893
| +23% | +$213K |
|
2955
CNO Financial Group
CNO
$5.05B
| $1.12M | ﹤0.01% |
40,561
-3,450
| -8% | -$94.2K |
|
2956
Symbotic
SYM
$5.41B
| $1.12M | ﹤0.01% |
31,932
+16,364
| +105% | +$662K |
|
2957
Primoris Services
PRIM
$4.42B
| $1.12M | ﹤0.01% |
22,467
-5,304
| -19% | -$262K |
|
|
LEO
2958
BNY Mellon Strategic Municipals
LEO
$387M
| $1.12M | ﹤0.01% |
182,513
+693
| +0.4% | +$4.15K |
|
2959
AB Tax-Aware Short Duration Municipal ETF
TAFI
$1.37B
| $1.12M | ﹤0.01% |
44,664
+14,972
| +50% | +$374K |
|
2960
Polen Capital International Growth ETF
PCIG
$29.2M
| $1.11M | ﹤0.01% |
116,065
+3,166
| +3% | +$30.3K |
|
2961
UiPath
PATH
$8.14B
| $1.11M | ﹤0.01% |
87,870
-17,801
| -17% | -$308K |
|
2962
Sun Life Financial
SLF
$44.6B
| $1.11M | ﹤0.01% |
22,688
-78,585
| -78% | -$3.99M |
|
2963
EPR Properties
EPR
$4.58B
| $1.11M | ﹤0.01% |
26,471
-13,498
| -34% | -$555K |
|
|
EVN
2964
Eaton Vance Municipal Income Trust
EVN
$429M
| $1.11M | ﹤0.01% |
107,151
-33,384
| -24% | -$336K |
|
2965
Inspire Global Hope ETF
BLES
$164M
| $1.11M | ﹤0.01% |
30,365
+17,675
| +139% | +$652K |
|
|
NOA
2966
North American Construction
NOA
$415M
| $1.11M | ﹤0.01% |
57,421
-1,344
| -2% | -$28K |
|
2967
Tenaris
TS
$27B
| $1.1M | ﹤0.01% |
36,167
-111,176
| -75% | -$3.85M |
|
2968
10x Genomics
TXG
$7.62B
| $1.1M | ﹤0.01% |
56,643
+13,449
| +31% | +$352K |
|
2969
Invesco S&P MidCap 400 Pure Growth ETF
RFG
$358M
| $1.1M | ﹤0.01% |
22,594
+4,006
| +22% | +$196K |
|
2970
Motley Fool Capital Efficiency 100 Index ETF
TMFE
$79.8M
| $1.1M | ﹤0.01% |
44,641
-51
| -0.1% | -$1.19K |
|
2971
VanEck Junior Gold Miners ETF
GDXJ
$8.53B
| $1.1M | ﹤0.01% |
26,112
-20,076
| -43% | -$856K |
|
2972
iShares MSCI Netherlands ETF
EWN
$715M
| $1.1M | ﹤0.01% |
21,828
-1,173
| -5% | -$58.8K |
|
2973
ProShares S&P MidCap 400 Dividend Aristocrats ETF
REGL
$1.81B
| $1.09M | ﹤0.01% |
14,864
-1,459
| -9% | -$110K |
|
|
ERC
2974
Allspring Multi-Sector Income Fund
ERC
$261M
| $1.09M | ﹤0.01% |
121,825
+12,534
| +11% | +$113K |
|
|
KTF
2975
DWS Municipal Income Trust
KTF
$353M
| $1.09M | ﹤0.01% |
115,293
-29,746
| -21% | -$281K |
|
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.