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
|
+$1.9B |
| 2 |
Vanguard Short-Term Bond ETF
BSV
|
+$911M |
| 3 |
iShares MSCI USA Min Vol Factor ETF
USMV
|
+$888M |
| 4 |
iShares US Treasury Bond ETF
GOVT
|
+$837M |
| 5 |
iShares MSCI EAFE Growth ETF
EFG
|
+$631M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P Total US Stock Market ETF
ITOT
|
+$1.23B |
| 2 |
iShares Core US Aggregate Bond ETF
AGG
|
+$729M |
| 3 |
iShares S&P Small-Cap 600 Value ETF
IJS
|
+$561M |
| 4 |
HDV
iShares Core High Dividend ETF
HDV
|
+$454M |
| 5 |
iShares MSCI EAFE Value ETF
EFV
|
+$342M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 5.75% |
| 2 | Healthcare | 4.62% |
| 3 | Financials | 3.92% |
| 4 | Consumer Discretionary | 2.76% |
| 5 | Industrials | 2.75% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
276
iShares U.S. Carbon Transition Readiness Aware Active ETF
LCTU
$1.26B
| $105M | 0.06% |
2,645,579
+1,102,674
| +71% | +$48.8M |
|
277
Novartis
NVS
$297B
| $104M | 0.06% |
1,362,594
+105,955
| +8% | +$8.78M |
|
278
Linde
LIN
$226B
| $102M | 0.06% |
376,568
+13,232
| +4% | +$3.8M |
|
279
Altria Group
MO
$114B
| $102M | 0.06% |
2,513,916
+53,630
| +2% | +$2.34M |
|
280
Vanguard Short-Term Treasury ETF
VGSH
$30.2B
| $101M | 0.06% |
1,749,745
-697,188
| -28% | -$40.8M |
|
281
iShares S&P Mid-Cap 400 Growth ETF
IJK
$11.2B
| $101M | 0.06% |
1,601,622
+77,896
| +5% | +$5.38M |
|
282
iShares ESG Advanced MSCI EAFE ETF
DMXF
$967M
| $101M | 0.06% |
2,158,806
+24,214
| +1% | +$1.26M |
|
283
State Street SPDR Portfolio S&P 500 Growth ETF
SPYG
$55.4B
| $100M | 0.06% |
2,004,153
-64,398
| -3% | -$3.62M |
|
284
JPMorgan Equity Premium Income ETF
JEPI
$45.9B
| $100M | 0.06% |
1,951,398
-822,925
| -30% | -$45.8M |
|
285
Mondelez International
MDLZ
$79.9B
| $99.6M | 0.06% |
1,817,273
+158,648
| +10% | +$9.85M |
|
286
CoStar Group
CSGP
$12.3B
| $99.5M | 0.06% |
1,428,906
+57,247
| +4% | +$3.97M |
|
287
Dimensional International Value ETF
DFIV
$21.7B
| $99.3M | 0.06% |
3,853,793
+25,175
| +0.7% | +$719K |
|
288
Dimensional US Small Cap ETF
DFAS
$15.8B
| $98.1M | 0.06% |
2,109,314
-29,921
| -1% | -$1.53M |
|
289
First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF
LMBS
$6.39B
| $96.7M | 0.06% |
2,042,330
+110,726
| +6% | +$5.34M |
|
290
Pinnacle West Capital
PNW
$12.2B
| $96.6M | 0.06% |
1,497,267
+387,701
| +35% | +$28.6M |
|
291
Schwab US Aggregate Bond ETF
SCHZ
$10.6B
| $96.2M | 0.05% |
4,247,060
-863,070
| -17% | -$20.5M |
|
|
SPYM
292
State Street SPDR Portfolio S&P 500 ETF
SPYM
$169B
| $96.2M | 0.05% |
2,290,647
+19,439
| +0.9% | +$908K |
|
293
Becton Dickinson
BDX
$48.2B
| $95.8M | 0.05% |
429,698
+8,203
| +2% | +$2.04M |
|
294
Snap-on
SNA
$21.5B
| $95.5M | 0.05% |
474,404
+24,398
| +5% | +$5.26M |
|
295
Goldman Sachs
GS
$303B
| $94.9M | 0.05% |
323,977
+20,282
| +7% | +$6.57M |
|
296
Wells Fargo
WFC
$264B
| $93.6M | 0.05% |
2,326,710
+184,181
| +9% | +$7.91M |
|
297
Ameriprise Financial
AMP
$48.8B
| $92.7M | 0.05% |
367,795
+17,611
| +5% | +$4.63M |
|
298
First Trust Capital Strength ETF
FTCS
$7.95B
| $92.6M | 0.05% |
1,393,991
+66,746
| +5% | +$4.8M |
|
299
British American Tobacco
BTI
$128B
| $92.3M | 0.05% |
2,600,702
+210,373
| +9% | +$8.43M |
|
300
TotalEnergies
TTE
$190B
| $91.8M | 0.05% |
1,973,249
+247,836
| +14% | +$12.5M |
|
Similar funds
Envestnet Asset Management's Q3 2022 Portfolio in Review
As of Q3 2022, Envestnet Asset Management held 4,115 positions worth $175B, down 2.1% from $179B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Envestnet Asset Management deployed $7.33B of net new capital in Q3 2022, opening 205 new positions and adding to 2,159 existing holdings. Its largest new stake was GSK: 622,292 shares worth $18.3M.
By sector, the portfolio is most concentrated in Technology at 5.7% of assets, down from 5.9% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was iShares Core S&P Total US Stock Market ETF, an estimated $1.23B trimmed.
- Envestnet Asset Management's largest Q3 2022 buy was GSK: 622,292 shares worth $18.3M.
- Envestnet Asset Management added most to iShares Core S&P 500 ETF in Q3 2022, an estimated $1.9B increase.
- Envestnet Asset Management's biggest Q3 2022 reduction was iShares Core S&P Total US Stock Market ETF, cutting an estimated $1.23B.
- Envestnet Asset Management fully exited Atlassian in Q3 2022, selling an estimated $67.3M.
- Envestnet Asset Management's ten largest holdings make up 26% of its $175B portfolio in Q3 2022.
- Envestnet Asset Management opened 205 new positions and closed 219 in Q3 2022.
- Envestnet Asset Management's portfolio value fell 2.1% quarter-over-quarter to $175B.
Based on Envestnet Asset Management's 13F filing for Q3 2022, filed 10 Nov 2022.