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 | |
|---|---|---|---|---|---|---|
3276
La-Z-Boy
LZB
$1.66B
| $447K | ﹤0.01% |
15,612
-313,900
| -95% | -$8.77M |
|
3277
Canadian Solar
CSIQ
$1.06B
| $444K | ﹤0.01% |
11,470
+377
| +3% | +$14.6K |
|
3278
Knowles
KN
$3.27B
| $443K | ﹤0.01% |
24,556
-6,899
| -22% | -$116K |
|
3279
NovoCure
NVCR
$2.02B
| $443K | ﹤0.01% |
10,681
-69,497
| -87% | -$4.32M |
|
|
DFP
3280
Flaherty & Crumrine Dynamic Preferred and Income Fund
DFP
$429M
| $443K | ﹤0.01% |
+25,414
| New | +$445K |
|
|
YALA
3281
Yalla Group
YALA
$820M
| $442K | ﹤0.01% |
101,407
-217,420
| -68% | -$869K |
|
3282
Compass Diversified
CODI
$834M
| $442K | ﹤0.01% |
20,382
+794
| +4% | +$15.8K |
|
3283
Invesco S&P MidCap 400 Pure Value ETF
RFV
$338M
| $442K | ﹤0.01% |
4,270
-386
| -8% | -$36.6K |
|
|
PLL
3284
DELISTED
Piedmont Lithium
PLL
| $441K | ﹤0.01% |
7,644
-34
| -0.4% | -$1.95K |
|
3285
Spire
SR
$4.79B
| $439K | ﹤0.01% |
6,919
-566,802
| -99% | -$38M |
|
|
SWN
3286
DELISTED
Southwestern Energy Company
SWN
| $436K | ﹤0.01% |
72,544
-15,430
| -18% | -$79.5K |
|
3287
Ascendis Pharma A/S
ASND
$16.8B
| $436K | ﹤0.01% |
4,882
+1,244
| +34% | +$108K |
|
3288
First Trust Exchange-Traded Fund VI First Trust Hedged BuyWrite Income ETF
FTQI
$938M
| $435K | ﹤0.01% |
+21,963
| New | +$427K |
|
3289
Nuveen Enhanced Yield US Aggregate Bond ETF
NUAG
$96.4M
| $433K | ﹤0.01% |
20,892
+707
| +4% | +$14.7K |
|
3290
Global X SuperDividend ETF
SDIV
$1.22B
| $430K | ﹤0.01% |
19,054
-611
| -3% | -$13.6K |
|
|
ARTY
3291
iShares Future AI & Tech ETF
ARTY
$3.78B
| $429K | ﹤0.01% |
+12,997
| New | +$399K |
|
3292
Cambria Global Momentum ETF
GMOM
$72.1M
| $427K | ﹤0.01% |
15,443
-1,775
| -10% | -$49.3K |
|
|
AY
3293
DELISTED
Atlantica Sustainable Infrastructure plc Ordinary Shares
AY
| $427K | ﹤0.01% |
18,236
+1,013
| +6% | +$26K |
|
3294
Invesco California AMT-Free Municipal Bond ETF
PWZ
$1.17B
| $426K | ﹤0.01% |
17,294
+3,373
| +24% | +$83.1K |
|
|
GRVY
3295
GRAVITY
GRVY
$481M
| $425K | ﹤0.01% |
6,056
-126,528
| -95% | -$7.53M |
|
3296
Capri Holdings
CPRI
$1.75B
| $423K | ﹤0.01% |
11,795
-12,580
| -52% | -$499K |
|
3297
City Holding Co
CHCO
$2.04B
| $422K | ﹤0.01% |
4,685
-40
| -0.8% | -$3.63K |
|
3298
Ginkgo Bioworks
DNA
$515M
| $421K | ﹤0.01% |
5,656
+2,862
| +102% | +$169K |
|
3299
US Treasury 2 Year Note ETF
UTWO
$488M
| $421K | ﹤0.01% |
8,722
+165
| +2% | +$8.05K |
|
3300
8x8 Inc
EGHT
$324M
| $421K | ﹤0.01% |
99,465
-20,609
| -17% | -$74.2K |
|
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.