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 | |
|---|---|---|---|---|---|---|
3026
Chemours
CC
$2.27B
| $692K | ﹤0.01% |
18,750
-7,001
| -27% | -$214K |
|
3027
TG Therapeutics
TGTX
$7.64B
| $691K | ﹤0.01% |
27,822
+11,973
| +76% | +$309K |
|
3028
VanEck Environmental Services ETF
EVX
$102M
| $690K | ﹤0.01% |
21,345
+8,360
| +64% | +$246K |
|
|
TEN
3029
Tsakos Energy Navigation Ltd
TEN
$1.15B
| $689K | ﹤0.01% |
38,640
-6,774
| -15% | -$119K |
|
3030
iShares iBonds Dec 2027 Term Treasury ETF
IBTH
$2.28B
| $688K | ﹤0.01% |
31,068
+16,425
| +112% | +$370K |
|
3031
Direxion Daily FTSE Europe Bull 3x ETF
EURL
$53.9M
| $688K | ﹤0.01% |
30,595
-3,599
| -11% | -$81.1K |
|
3032
Atlanta Braves Holdings Series B
BATRK
$3.27B
| $686K | ﹤0.01% |
17,307
-1,229
| -7% | -$46.1K |
|
3033
Evolent Health
EVH
$456M
| $684K | ﹤0.01% |
22,588
-7,169
| -24% | -$232K |
|
|
OCCI
3034
OFS Credit Co
OCCI
$74.6M
| $684K | ﹤0.01% |
+81,788
| New | +$737K |
|
3035
Plains All American Pipeline
PAA
$16.5B
| $683K | ﹤0.01% |
48,439
-8,028
| -14% | -$106K |
|
3036
Cytokinetics
CYTK
$10.8B
| $682K | ﹤0.01% |
20,914
-430
| -2% | -$15.9K |
|
3037
Extreme Networks
EXTR
$3.12B
| $682K | ﹤0.01% |
26,174
+2,931
| +13% | +$57.8K |
|
3038
BlackRock Enhanced Equity Dividend Trust
BDJ
$1.75B
| $679K | ﹤0.01% |
81,389
-18,778
| -19% | -$156K |
|
3039
Adaptive Hedged Multi-Asset Income ETF
AMAX
$69.2M
| $679K | ﹤0.01% |
87,611
-22,331
| -20% | -$174K |
|
3040
Toews Agility Shares Managed Risk ETF
MRSK
$320M
| $676K | ﹤0.01% |
23,254
+2,942
| +14% | +$82.2K |
|
3041
Lazard
LAZ
$4.29B
| $675K | ﹤0.01% |
21,109
-82,283
| -80% | -$2.54M |
|
3042
Invesco Dorsey Wright Emerging Markets Momentum ETF
PIE
$243M
| $675K | ﹤0.01% |
35,608
+11,348
| +47% | +$210K |
|
3043
Protolabs
PRLB
$2.17B
| $675K | ﹤0.01% |
19,320
+2,451
| +15% | +$78.1K |
|
3044
AllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETF
SIXJ
$149M
| $675K | ﹤0.01% |
27,090
-24,382
| -47% | -$590K |
|
3045
UiPath
PATH
$8.11B
| $674K | ﹤0.01% |
40,665
+1,610
| +4% | +$25.8K |
|
|
PCN
3046
PIMCO Corporate & Income Strategy Fund
PCN
$889M
| $670K | ﹤0.01% |
51,079
+39,126
| +327% | +$499K |
|
3047
Innovator US Equity Buffer ETF August
BAUG
$203M
| $669K | ﹤0.01% |
19,937
+1,409
| +8% | +$45.2K |
|
3048
Strive US Energy ETF
DRLL
$302M
| $664K | ﹤0.01% |
24,271
+6,058
| +33% | +$166K |
|
3049
VanEck Video Gaming and eSports ETF
ESPO
$258M
| $663K | ﹤0.01% |
11,901
-3,462
| -23% | -$184K |
|
3050
Ichor Holdings
ICHR
$2.49B
| $659K | ﹤0.01% |
17,582
+8,199
| +87% | +$256K |
|
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.