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 | |
|---|---|---|---|---|---|---|
3376
Cimpress
CMPR
$2.3B
| $372K | ﹤0.01% |
6,257
+567
| +10% | +$27.9K |
|
3377
California Resources
CRC
$4.77B
| $371K | ﹤0.01% |
8,198
-15,463
| -65% | -$627K |
|
|
SCD
3378
LMP Capital and Income Fund
SCD
$358M
| $370K | ﹤0.01% |
28,873
-1,649
| -5% | -$20.2K |
|
3379
Provident Financial Services
PFS
$3.17B
| $368K | ﹤0.01% |
22,505
-13,398
| -37% | -$228K |
|
3380
Blue Owl Capital
OWL
$18.2B
| $367K | ﹤0.01% |
31,521
+4,467
| +17% | +$48.1K |
|
3381
TaskUs
TASK
$651M
| $366K | ﹤0.01% |
32,322
-120,587
| -79% | -$1.47M |
|
3382
First Trust Multi Cap Growth AlphaDEX Fund
FAD
$591M
| $366K | ﹤0.01% |
3,466
-2,359
| -40% | -$233K |
|
3383
Axogen
AXGN
$2.59B
| $365K | ﹤0.01% |
40,010
+2,865
| +8% | +$26.7K |
|
3384
BridgeBio Pharma
BBIO
$16.6B
| $364K | ﹤0.01% |
21,164
+437
| +2% | +$6.58K |
|
|
RORO
3385
DELISTED
ATAC US Rotation ETF
RORO
| $363K | ﹤0.01% |
+21,531
| New | +$355K |
|
3386
Riskified
RSKD
$712M
| $361K | ﹤0.01% |
74,375
-53
| -0.1% | -$266 |
|
|
TPIC
3387
DELISTED
TPI Composites
TPIC
| $361K | ﹤0.01% |
34,848
+894
| +3% | +$10K |
|
3388
Invesco S&P International Developed Momentum ETF
IDMO
$4.24B
| $361K | ﹤0.01% |
+10,937
| New | +$360K |
|
3389
First Trust India Nifty 50 Equal Weight ETF
NFTY
$118M
| $360K | ﹤0.01% |
7,537
+741
| +11% | +$33.2K |
|
3390
Utah Medical Products
UTMD
$227M
| $360K | ﹤0.01% |
3,865
+211
| +6% | +$19.9K |
|
3391
BlackRock Energy and Resources Trust
BGR
$422M
| $360K | ﹤0.01% |
29,894
-5,526
| -16% | -$66.5K |
|
3392
UFP Technologies
UFPT
$2.52B
| $358K | ﹤0.01% |
+1,847
| New | +$286K |
|
3393
Invesco Dorsey Wright Developed Markets Momentum ETF
PIZ
$730M
| $358K | ﹤0.01% |
11,739
-2,119
| -15% | -$63.9K |
|
3394
JPMorgan Inflation Managed Bond ETF
JCPI
$870M
| $357K | ﹤0.01% |
7,737
+946
| +14% | +$44.3K |
|
3395
Tandem Diabetes Care
TNDM
$1.59B
| $357K | ﹤0.01% |
14,558
-7,111
| -33% | -$229K |
|
3396
UPAR Ultra Risk Parity ETF
UPAR
$58.7M
| $355K | ﹤0.01% |
25,665
+696
| +3% | +$9.76K |
|
|
PSTL
3397
Postal Realty Trust
PSTL
$680M
| $355K | ﹤0.01% |
24,147
-1,754
| -7% | -$25.9K |
|
3398
Middlesex Water
MSEX
$1.09B
| $354K | ﹤0.01% |
+4,394
| New | +$344K |
|
3399
CEMIG Preferred Shares
CIG
$5.84B
| $354K | ﹤0.01% |
175,170
-964
| -0.5% | -$1.81K |
|
|
VGR
3400
DELISTED
Vector Group Ltd.
VGR
| $353K | ﹤0.01% |
27,552
-12,571
| -31% | -$155K |
|
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.