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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$10.9B |
| 2 |
Vanguard S&P 500 ETF
VOO
|
+$10.5B |
| 3 |
NVR
NVR
|
+$7.08B |
| 4 |
Vanguard Morningstar Large-Cap ETF
VV
|
+$5.07B |
| 5 |
iShares Russell 1000 ETF
IWB
|
+$4.99B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares ESG Aware MSCI USA ETF
ESGU
|
+$2.68B |
| 2 |
iShares MSCI Emerging Markets Min Vol Factor ETF
EEMV
|
+$1.48B |
| 3 |
iShares 0-5 Year High Yield Corporate Bond ETF
SHYG
|
+$1B |
| 4 |
State Street SPDR Portfolio S&P 500 Value ETF
SPYV
|
+$733M |
| 5 |
iShares MSCI EAFE Value ETF
EFV
|
+$602M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 72.41% |
| 2 | Technology | 6.42% |
| 3 | Healthcare | 4.3% |
| 4 | Financials | 3.85% |
| 5 | Industrials | 2.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3126
Star Bulk Carriers
SBLK
$3.58B
| $513K | ﹤0.01% |
24,282
-9,527
| -28% | -$208K |
|
3127
Harbor Dividend Growth Leaders ETF
GDIV
$232M
| $513K | ﹤0.01% |
42,485
+14,833
| +54% | +$177K |
|
3128
Carpenter Technology
CRS
$20.4B
| $512K | ﹤0.01% |
11,447
-318
| -3% | -$14.5K |
|
|
SAGE
3129
DELISTED
Sage Therapeutics
SAGE
| $510K | ﹤0.01% |
12,154
+1,153
| +10% | +$49.6K |
|
|
AY
3130
DELISTED
Atlantica Sustainable Infrastructure plc Ordinary Shares
AY
| $509K | ﹤0.01% |
17,223
+3,506
| +26% | +$95.2K |
|
3131
Harbor Commodity All-Weather Strategy ETF
HGER
$4.64B
| $509K | ﹤0.01% |
22,978
-1,189
| -5% | -$26.2K |
|
|
DEN
3132
DELISTED
Denbury Inc.
DEN
| $509K | ﹤0.01% |
5,807
+1,556
| +37% | +$131K |
|
3133
Hartford Schroders Tax-Aware Bond ETF
HTAB
$234M
| $507K | ﹤0.01% |
+25,849
| New | +$503K |
|
3134
Strive US Energy ETF
DRLL
$318M
| $506K | ﹤0.01% |
18,213
+7,222
| +66% | +$207K |
|
3135
Energizer
ENR
$1.42B
| $506K | ﹤0.01% |
14,588
-4,876
| -25% | -$173K |
|
3136
CareTrust REIT
CTRE
$8.98B
| $506K | ﹤0.01% |
25,838
+8,357
| +48% | +$163K |
|
3137
iShares JPMorgan EM Corporate Bond ETF
CEMB
$428M
| $506K | ﹤0.01% |
11,606
-35
| -0.3% | -$1.52K |
|
|
NTST
3138
NETSTREIT Corp
NTST
$1.85B
| $505K | ﹤0.01% |
27,605
+19
| +0.1% | +$367 |
|
3139
Warner Music
WMG
$14.8B
| $501K | ﹤0.01% |
115,673
+99,330
| +608% | +$3.34M |
|
3140
8x8 Inc
EGHT
$261M
| $501K | ﹤0.01% |
120,074
+31,060
| +35% | +$155K |
|
3141
Graham Holdings Company
GHC
$4.81B
| $500K | ﹤0.01% |
220,704
+219,901
| +27,385% | +$137M |
|
3142
AZZ Inc
AZZ
$3.99B
| $500K | ﹤0.01% |
12,119
+706
| +6% | +$28.9K |
|
3143
Noble Corp
NE
$7.08B
| $499K | ﹤0.01% |
+12,646
| New | +$506K |
|
3144
Steven Madden
SHOO
$3.04B
| $499K | ﹤0.01% |
13,862
-3,928
| -22% | -$136K |
|
3145
TriMas Corp
TRS
$1.4B
| $499K | ﹤0.01% |
17,895
-1,588
| -8% | -$46.6K |
|
3146
Schrodinger
SDGR
$1.79B
| $497K | ﹤0.01% |
+18,881
| New | +$449K |
|
3147
Banner Corp
BANR
$2.61B
| $496K | ﹤0.01% |
9,131
-5,467
| -37% | -$334K |
|
|
GOOS
3148
Canada Goose Holdings
GOOS
$725M
| $495K | ﹤0.01% |
25,716
-18,198
| -41% | -$360K |
|
3149
EA Bridgeway Blue Chip ETF
BBLU
$461M
| $495K | ﹤0.01% |
55,809
+362
| +0.7% | +$3.08K |
|
3150
iShares Self-Driving EV and Tech ETF
IDRV
$142M
| $493K | ﹤0.01% |
12,840
+5,076
| +65% | +$195K |
|
Similar funds
Envestnet Asset Management's Q1 2023 Portfolio in Review
As of Q1 2023, Envestnet Asset Management held 4,198 positions worth $208B, up 7.7% from $193B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Envestnet Asset Management deployed $124B of net new capital in Q1 2023, opening 253 new positions and adding to 2,493 existing holdings. Its largest new stake was Spire: 573,721 shares worth $149K.
By sector, the portfolio is most concentrated in Miscellaneous at 72% of assets, down from 72% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was iShares ESG Aware MSCI USA ETF, an estimated $2.68B trimmed.
- Envestnet Asset Management's largest Q1 2023 buy was Spire: 573,721 shares worth $149K.
- Envestnet Asset Management added most to State Street SPDR S&P 500 ETF Trust in Q1 2023, an estimated $10.9B increase.
- Envestnet Asset Management's biggest Q1 2023 reduction was iShares ESG Aware MSCI USA ETF, cutting an estimated $2.68B.
- Envestnet Asset Management fully exited Canadian Pacific Kansas City in Q1 2023, selling an estimated $74.5M.
- Envestnet Asset Management's ten largest holdings make up 25% of its $208B portfolio in Q1 2023.
- Envestnet Asset Management opened 253 new positions and closed 232 in Q1 2023.
- Envestnet Asset Management's portfolio value rose 7.7% quarter-over-quarter to $208B.
Based on Envestnet Asset Management's 13F filing for Q1 2023, filed 11 May 2023.