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 Treasury Floating Rate Bond ETF
TFLO
|
+$1.31B |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$891M |
| 3 |
iShares S&P 500 Growth ETF
IVW
|
+$544M |
| 4 |
iShares MSCI EAFE Value ETF
EFV
|
+$472M |
| 5 |
Invesco BuyBack Achievers ETF
PKW
|
+$446M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares US Treasury Bond ETF
GOVT
|
+$1.51B |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$1.27B |
| 3 |
iShares Russell Top 200 Growth ETF
IWY
|
+$1.26B |
| 4 |
Vanguard Short-Term Bond ETF
BSV
|
+$1.23B |
| 5 |
iShares MSCI USA Quality Factor ETF
QUAL
|
+$1.16B |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.15% |
| 2 | Healthcare | 5.29% |
| 3 | Financials | 5.05% |
| 4 | Industrials | 3.86% |
| 5 | Consumer Discretionary | 3.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3251
TriMas Corp
TRS
$1.43B
| $503K | ﹤0.01% |
20,297
+3,436
| +20% | +$89.3K |
|
|
ISD
3252
PGIM High Yield Bond Fund
ISD
$419M
| $501K | ﹤0.01% |
42,526
+6,294
| +17% | +$77K |
|
3253
IQ MacKay Municipal Insured ETF
MMIN
$478M
| $500K | ﹤0.01% |
21,881
+880
| +4% | +$20.9K |
|
3254
Invesco International Corporate Bond ETF
PICB
$361M
| $499K | ﹤0.01% |
23,967
-5,432
| -18% | -$117K |
|
3255
Open Text
OTEX
$5.81B
| $498K | ﹤0.01% |
14,200
-912
| -6% | -$35.7K |
|
3256
Evolent Health
EVH
$464M
| $497K | ﹤0.01% |
18,256
-4,332
| -19% | -$120K |
|
3257
Snap
SNAP
$9.32B
| $496K | ﹤0.01% |
55,677
+11,617
| +26% | +$121K |
|
3258
Shake Shack
SHAK
$2.9B
| $495K | ﹤0.01% |
8,523
-2,776
| -25% | -$197K |
|
3259
First Trust Nasdaq Food & Beverage ETF
FTXG
$18.2M
| $494K | ﹤0.01% |
20,881
-58,961
| -74% | -$1.51M |
|
3260
US Treasury 2 Year Note ETF
UTWO
$489M
| $494K | ﹤0.01% |
10,305
+1,583
| +18% | +$76.1K |
|
3261
Credit Suisse X-Links Silver Shares Covered Call ETNs due April 21 2033
SLVO
$12.4M
| $494K | ﹤0.01% |
7,078
+796
| +13% | +$59.4K |
|
3262
Varonis Systems
VRNS
$4.84B
| $494K | ﹤0.01% |
16,176
+3,647
| +29% | +$108K |
|
3263
Invesco S&P 500 Equal Weight Financials ETF
RSPF
$309M
| $493K | ﹤0.01% |
9,729
+871
| +10% | +$45.9K |
|
3264
Direxion Auspice Broad Commodity Strategy ETF
COM
$207M
| $492K | ﹤0.01% |
16,586
-9,710
| -37% | -$289K |
|
3265
iShares CMBS ETF
CMBS
$472M
| $492K | ﹤0.01% |
10,927
-31,921
| -74% | -$1.45M |
|
3266
Vita Coco
COCO
$3.73B
| $491K | ﹤0.01% |
18,840
-10,279
| -35% | -$274K |
|
|
MOMO
3267
Hello Group
MOMO
$861M
| $490K | ﹤0.01% |
70,207
-54,641
| -44% | -$502K |
|
|
HPI
3268
John Hancock Preferred Income Fund
HPI
$435M
| $490K | ﹤0.01% |
33,634
+1,151
| +4% | +$17.5K |
|
3269
Yelp
YELP
$1.28B
| $489K | ﹤0.01% |
11,746
+3,545
| +43% | +$149K |
|
|
FBCV
3270
Fidelity Blue Chip Value ETF
FBCV
$183M
| $488K | ﹤0.01% |
17,724
-202
| -1% | -$5.71K |
|
3271
Amplify Etho Climate Leadership US ETF
ETHO
$195M
| $487K | ﹤0.01% |
9,741
-34,355
| -78% | -$1.82M |
|
|
IBTX
3272
DELISTED
Independent Bank Group, Inc.
IBTX
| $484K | ﹤0.01% |
12,243
+2,910
| +31% | +$119K |
|
3273
Xtrackers MSCI EAFE ESG Leaders Equity ETF
EASG
$67.7M
| $483K | ﹤0.01% |
17,987
-355
| -2% | -$9.95K |
|
3274
ODDITY Tech
ODD
$576M
| $480K | ﹤0.01% |
+16,917
| New | +$716K |
|
3275
Liberty All-Star Equity Fund
USA
$1.87B
| $479K | ﹤0.01% |
80,829
-2,944
| -4% | -$18.7K |
|
Similar funds
Envestnet Asset Management's Q3 2023 Portfolio in Review
As of Q3 2023, Envestnet Asset Management held 4,231 positions worth $219B, down 3.1% from $226B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Envestnet Asset Management's Q3 2023 filing shows 290 new, 2,438 increased, 1,245 reduced and 229 closed positions. Its largest new stake was Dimensional California Municipal Bond ETF: 2,848,993 shares worth $139M. The largest sale was iShares US Treasury Bond ETF, an estimated $1.51B.
By sector, the portfolio is most concentrated in Technology at 8.1% of assets, up from 6.9% a quarter earlier, followed by Healthcare and Financials.
- Envestnet Asset Management's largest Q3 2023 buy was Dimensional California Municipal Bond ETF: 2,848,993 shares worth $139M.
- Envestnet Asset Management added most to iShares Treasury Floating Rate Bond ETF in Q3 2023, an estimated $1.31B increase.
- Envestnet Asset Management's biggest Q3 2023 reduction was iShares US Treasury Bond ETF, cutting an estimated $1.51B.
- Envestnet Asset Management fully exited JPMorgan US Value Factor ETF in Q3 2023, selling an estimated $91.4M.
- Envestnet Asset Management's ten largest holdings make up 21% of its $219B portfolio in Q3 2023.
- Envestnet Asset Management opened 290 new positions and closed 229 in Q3 2023.
- Envestnet Asset Management's portfolio value fell 3.1% quarter-over-quarter to $219B.
Based on Envestnet Asset Management's 13F filing for Q3 2023, filed 13 Nov 2023.