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 | |
|---|---|---|---|---|---|---|
|
CVSA
3151
Covista Inc
CVSA
$4.42B
| $547K | ﹤0.01% |
15,931
-296,340
| -95% | -$11.9M |
|
|
UNIT
3152
Uniti Group
UNIT
$2.26B
| $547K | ﹤0.01% |
118,343
+106,487
| +898% | +$400K |
|
3153
Inogen
INGN
$159M
| $544K | ﹤0.01% |
47,140
-4,117
| -8% | -$48.5K |
|
3154
Amphastar Pharmaceuticals
AMPH
$861M
| $543K | ﹤0.01% |
9,457
+380
| +4% | +$16.8K |
|
3155
AllianzIM U.S. Equity Buffer10 Jan ETF
JANT
$61.8M
| $542K | ﹤0.01% |
18,861
-14,023
| -43% | -$385K |
|
3156
NRC Health Common Stock
NRC
$468M
| $542K | ﹤0.01% |
12,458
+604
| +5% | +$26.6K |
|
3157
Liberty All-Star Equity Fund
USA
$1.87B
| $542K | ﹤0.01% |
+83,773
| New | +$512K |
|
3158
Sabesp
SBS
$17.9B
| $542K | ﹤0.01% |
235,870
+2,543
| +1% | +$5.1K |
|
3159
Overlay Shares Short Term Bond ETF
OVT
$61.5M
| $540K | ﹤0.01% |
24,944
-28,120
| -53% | -$607K |
|
|
IMGN
3160
DELISTED
Immunogen Inc
IMGN
| $540K | ﹤0.01% |
+28,616
| New | +$338K |
|
3161
Graham Holdings Company
GHC
$4.99B
| $538K | ﹤0.01% |
942
-219,762
| -100% | -$127M |
|
3162
Sunrun
RUN
$2.43B
| $537K | ﹤0.01% |
30,054
-33,654
| -53% | -$626K |
|
3163
Xtrackers MSCI Japan Hedged Equity ETF
DBJP
$711M
| $536K | ﹤0.01% |
9,116
-11,036
| -55% | -$626K |
|
3164
Federated Hermes
FHI
$4.73B
| $534K | ﹤0.01% |
14,900
+1,950
| +15% | +$75.4K |
|
3165
ChargePoint
CHPT
$159M
| $534K | ﹤0.01% |
3,037
+1,599
| +111% | +$280K |
|
3166
Nomura Holdings
NMR
$28.8B
| $533K | ﹤0.01% |
139,269
-772
| -0.6% | -$2.86K |
|
3167
First Trust International Developed Capital Strength ETF
FICS
$214M
| $533K | ﹤0.01% |
+16,442
| New | +$529K |
|
3168
CareTrust REIT
CTRE
$9.25B
| $533K | ﹤0.01% |
26,829
+991
| +4% | +$19.4K |
|
|
NEX
3169
DELISTED
NexTier Oilfield Solutions Inc.
NEX
| $533K | ﹤0.01% |
59,564
-22,692
| -28% | -$187K |
|
3170
Nuveen AMT-Free Municipal Credit Income Fund
NVG
$2.68B
| $531K | ﹤0.01% |
45,348
+14,265
| +46% | +$166K |
|
3171
Steven Madden
SHOO
$3.56B
| $530K | ﹤0.01% |
16,217
+2,355
| +17% | +$78.5K |
|
3172
CSP Inc
CSPI
$81.8M
| $529K | ﹤0.01% |
88,778
| – | – |
|
3173
Royce Value Trust
RVT
$2.3B
| $528K | ﹤0.01% |
38,286
-720
| -2% | -$9.45K |
|
|
LAND
3174
Gladstone Land Corp
LAND
$355M
| $526K | ﹤0.01% |
32,350
+5,942
| +23% | +$96.2K |
|
3175
Employers Holdings
EIG
$882M
| $525K | ﹤0.01% |
14,038
-2,280
| -14% | -$89.3K |
|
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.