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 | |
|---|---|---|---|---|---|---|
276
Applied Materials
AMAT
$428B
| $133M | 0.06% |
918,364
-1,956,489
| -68% | -$245M |
|
277
Pinnacle West Capital
PNW
$12.2B
| $132M | 0.06% |
1,624,582
-661,383
| -29% | -$52.7M |
|
278
iShares MSCI Emerging Markets ETF
EEM
$29.5B
| $132M | 0.06% |
3,331,035
-5,755,432
| -63% | -$226M |
|
279
State Street SPDR Portfolio Intermediate Term Treasury ETF
SPTI
$10.6B
| $130M | 0.06% |
4,606,380
-7,244,305
| -61% | -$208M |
|
280
Waste Management
WM
$91B
| $130M | 0.06% |
750,815
+26,279
| +4% | +$4.34M |
|
281
Vanguard Russell 2000 ETF
VTWO
$17.9B
| $130M | 0.06% |
1,719,081
-493,319
| -22% | -$35.5M |
|
282
Parker-Hannifin
PH
$135B
| $130M | 0.06% |
333,083
+20,756
| +7% | +$7.02M |
|
283
State Street SPDR Portfolio Long Term Treasury ETF
SPTL
$10.6B
| $130M | 0.06% |
4,339,047
-119,638
| -3% | -$3.61M |
|
284
First Trust Capital Strength ETF
FTCS
$7.95B
| $129M | 0.06% |
1,717,082
+152,109
| +10% | +$11.1M |
|
285
Caterpillar
CAT
$387B
| $128M | 0.06% |
521,231
-529,601
| -50% | -$118M |
|
286
PIMCO Active Bond Exchange-Traded Fund
BOND
$8.47B
| $128M | 0.06% |
1,399,693
+154,513
| +12% | +$14.2M |
|
287
AstraZeneca
AZN
$250B
| $127M | 0.06% |
885,779
-1,900,704
| -68% | -$280M |
|
288
CoStar Group
CSGP
$12.3B
| $127M | 0.06% |
1,423,645
+9,313
| +0.7% | +$719K |
|
289
Genuine Parts
GPC
$18.7B
| $126M | 0.06% |
745,043
-2,496,467
| -77% | -$408M |
|
290
First Trust Rising Dividend Achievers ETF
RDVY
$25.6B
| $126M | 0.06% |
2,676,317
+1,342
| +0.1% | +$60.7K |
|
291
iShares ESG Advanced MSCI EAFE ETF
DMXF
$1.03B
| $126M | 0.06% |
2,069,514
-4,685
| -0.2% | -$284K |
|
292
Dimensional US Small Cap ETF
DFAS
$15.7B
| $126M | 0.06% |
2,296,431
-107,276
| -4% | -$5.6M |
|
293
Vanguard Global ex-US Real Estate ETF
VNQI
$3.53B
| $125M | 0.06% |
3,120,619
-84,785
| -3% | -$3.47M |
|
294
TotalEnergies
TTE
$190B
| $125M | 0.06% |
2,174,951
-5,438,507
| -71% | -$329M |
|
295
VanEck JP Morgan EM Local Currency Bond ETF
EMLC
$4.84B
| $125M | 0.06% |
4,879,669
-294,191
| -6% | -$7.42M |
|
296
Goldman Sachs Access US Aggregate Bond ETF
GCOR
$799M
| $124M | 0.06% |
2,991,615
+165,583
| +6% | +$6.93M |
|
297
iShares International Select Dividend ETF
IDV
$8.51B
| $124M | 0.06% |
4,715,724
+516,834
| +12% | +$14.1M |
|
298
Morgan Stanley
MS
$340B
| $124M | 0.05% |
1,451,654
+15,128
| +1% | +$1.29M |
|
|
PXD
299
DELISTED
Pioneer Natural Resource Co.
PXD
| $123M | 0.05% |
594,653
-1,199
| -0.2% | -$252K |
|
300
Autodesk
ADSK
$52.6B
| $123M | 0.05% |
601,415
-52,337
| -8% | -$10.5M |
|
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.