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 | |
|---|---|---|---|---|---|---|
|
CHUY
3201
DELISTED
Chuy's Holdings, Inc. Common Stock
CHUY
| $504K | ﹤0.01% |
+12,339
| New | +$459K |
|
3202
Innovator Growth-100 Power Buffer ETF October
NOCT
$229M
| $504K | ﹤0.01% |
12,101
-368
| -3% | -$14.8K |
|
3203
Agios Pharmaceuticals
AGIO
$1.93B
| $503K | ﹤0.01% |
17,748
+2,000
| +13% | +$49.8K |
|
|
OPI
3204
DELISTED
Office Properties Income Trust
OPI
| $502K | ﹤0.01% |
65,161
+11,890
| +22% | +$90K |
|
|
NTST
3205
NETSTREIT Corp
NTST
$2.01B
| $501K | ﹤0.01% |
28,033
+428
| +2% | +$7.69K |
|
|
FBCV
3206
Fidelity Blue Chip Value ETF
FBCV
$184M
| $500K | ﹤0.01% |
17,926
-25
| -0.1% | -$689 |
|
3207
Energizer
ENR
$1.5B
| $499K | ﹤0.01% |
14,873
+285
| +2% | +$9.52K |
|
3208
Telephone and Data Systems
TDS
$3.87B
| $499K | ﹤0.01% |
60,648
-7,185
| -11% | -$60.9K |
|
3209
Stride
LRN
$3.35B
| $499K | ﹤0.01% |
13,406
-130,645
| -91% | -$5.23M |
|
3210
CION Investment
CION
$372M
| $498K | ﹤0.01% |
47,937
+853
| +2% | +$8.41K |
|
3211
Andersons Inc
ANDE
$2.23B
| $497K | ﹤0.01% |
+10,768
| New | +$450K |
|
3212
XPEL
XPEL
$1.34B
| $496K | ﹤0.01% |
5,890
+477
| +9% | +$35.3K |
|
3213
Lumen
LUMN
$6.87B
| $496K | ﹤0.01% |
219,286
-2,080
| -0.9% | -$4.58K |
|
3214
Xponential Fitness
XPOF
$204M
| $495K | ﹤0.01% |
28,708
+19,270
| +204% | +$545K |
|
|
HPI
3215
John Hancock Preferred Income Fund
HPI
$435M
| $495K | ﹤0.01% |
32,483
-167
| -0.5% | -$2.49K |
|
3216
iShares BB Rated Corporate Bond ETF
HYBB
$427M
| $494K | ﹤0.01% |
11,018
+697
| +7% | +$31.2K |
|
3217
KE Holdings
BEKE
$18.7B
| $493K | ﹤0.01% |
33,222
-230,391
| -87% | -$3.76M |
|
3218
State Street SPDR Global Dow ETF
DGT
$628M
| $493K | ﹤0.01% |
4,368
+1,808
| +71% | +$198K |
|
3219
Global X Silver Miners ETF NEW
SIL
$4.84B
| $493K | ﹤0.01% |
18,964
-20
| -0.1% | -$576 |
|
3220
John Wiley & Sons Class A
WLY
$2.56B
| $492K | ﹤0.01% |
14,451
-5,869
| -29% | -$214K |
|
|
SFBS
3221
ServisFirst Bancshares
SFBS
$4.87B
| $491K | ﹤0.01% |
12,008
+874
| +8% | +$40.4K |
|
3222
Vital Farms
VITL
$492M
| $489K | ﹤0.01% |
40,747
+6,960
| +21% | +$97.2K |
|
3223
Castle Biosciences
CSTL
$995M
| $487K | ﹤0.01% |
35,514
+10,849
| +44% | +$220K |
|
3224
Beam Therapeutics
BEAM
$2.75B
| $487K | ﹤0.01% |
15,241
+2,377
| +18% | +$77.1K |
|
3225
iShares Currency Hedged MSCI Emerging Markets
HEEM
$288M
| $487K | ﹤0.01% |
19,827
-9,519
| -32% | -$229K |
|
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.