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 | |
|---|---|---|---|---|---|---|
3176
Norwegian Cruise Line
NCLH
$8.61B
| $525K | ﹤0.01% |
24,108
-85
| -0.4% | -$1.3K |
|
3177
Xtrackers MSCI EAFE ESG Leaders Equity ETF
EASG
$69M
| $522K | ﹤0.01% |
18,342
-353
| -2% | -$10.1K |
|
3178
Snap
SNAP
$9.3B
| $522K | ﹤0.01% |
44,060
-11,867
| -21% | -$119K |
|
|
VRNA
3179
DELISTED
Verona Pharma
VRNA
| $521K | ﹤0.01% |
24,658
-30,753
| -55% | -$656K |
|
3180
Invesco Dividend Achievers ETF
PFM
$813M
| $521K | ﹤0.01% |
13,618
-1,660
| -11% | -$61.4K |
|
3181
iShares Global Comm Services ETF
IXP
$572M
| $521K | ﹤0.01% |
7,613
+299
| +4% | +$19.8K |
|
3182
Madrigal Pharmaceuticals
MDGL
$12.1B
| $520K | ﹤0.01% |
2,252
+432
| +24% | +$117K |
|
3183
First Trust Dorsey Wright Dynamic Focus 5 ETF
FVC
$109M
| $520K | ﹤0.01% |
15,467
-15,890
| -51% | -$520K |
|
3184
Surgery Partners
SGRY
$2.03B
| $520K | ﹤0.01% |
11,547
+1,752
| +18% | +$66.9K |
|
3185
ProShares Investment Grade-Interest Rate Hedged
IGHG
$329M
| $519K | ﹤0.01% |
7,132
-536
| -7% | -$38.3K |
|
3186
PROG Holdings
PRG
$1.67B
| $519K | ﹤0.01% |
16,154
-5,875
| -27% | -$177K |
|
|
CCRN
3187
DELISTED
Cross Country Healthcare
CCRN
| $519K | ﹤0.01% |
18,468
-1,208
| -6% | -$30K |
|
3188
BlackRock Corporate High Yield Fund
HYT
$1.37B
| $518K | ﹤0.01% |
58,097
-1,364
| -2% | -$11.8K |
|
|
SOHU
3189
Sohu.com
SOHU
$373M
| $515K | ﹤0.01% |
46,723
-484,377
| -91% | -$6.14M |
|
|
NAPA
3190
DELISTED
The Duckhorn Portfolio, Inc.
NAPA
| $513K | ﹤0.01% |
39,533
+3,315
| +9% | +$47K |
|
3191
Phreesia
PHR
$770M
| $512K | ﹤0.01% |
16,503
-760
| -4% | -$23.8K |
|
3192
State Street SPDR S&P Retail ETF
XRT
$649M
| $510K | ﹤0.01% |
8,005
-4,614
| -37% | -$283K |
|
3193
Green Plains
GPRE
$1.1B
| $509K | ﹤0.01% |
15,793
+236
| +2% | +$7.47K |
|
3194
Innovator US Equity Ultra Buffer ETF June
UJUN
$189M
| $509K | ﹤0.01% |
17,794
+9,960
| +127% | +$277K |
|
3195
IQ MacKay Municipal Insured ETF
MMIN
$477M
| $508K | ﹤0.01% |
21,001
+10,484
| +100% | +$254K |
|
3196
iShares MSCI Global Gold Miners ETF
RING
$2.45B
| $508K | ﹤0.01% |
21,781
-383
| -2% | -$9.66K |
|
3197
Invesco S&P MidCap Value with Momentum ETF
XMVM
$505M
| $506K | ﹤0.01% |
10,977
+347
| +3% | +$14.9K |
|
3198
MillerKnoll
MLKN
$1.65B
| $506K | ﹤0.01% |
34,227
-2,214
| -6% | -$35.4K |
|
3199
Xerox
XRX
$420M
| $506K | ﹤0.01% |
33,971
-1,103
| -3% | -$16.1K |
|
3200
Navient
NAVI
$819M
| $505K | ﹤0.01% |
27,169
-135,409
| -83% | -$2.23M |
|
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.