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 | |
|---|---|---|---|---|---|---|
3451
First Trust Multi Cap Value AlphaDEX Fund
FAB
$176M
| $322K | ﹤0.01% |
4,547
-1,023
| -18% | -$69.8K |
|
3452
Pricesmart
PSMT
$5.21B
| $322K | ﹤0.01% |
4,353
-12,055
| -73% | -$888K |
|
3453
The RMR Group
RMR
$335M
| $322K | ﹤0.01% |
13,911
-279,428
| -95% | -$6.53M |
|
|
IBTX
3454
DELISTED
Independent Bank Group, Inc.
IBTX
| $322K | ﹤0.01% |
9,333
-3,102
| -25% | -$115K |
|
3455
Titan Machinery
TITN
$426M
| $321K | ﹤0.01% |
10,884
-1,697
| -13% | -$51.1K |
|
3456
Genworth Financial
GNW
$3.75B
| $320K | ﹤0.01% |
63,970
-238,547
| -79% | -$1.31M |
|
3457
Lifestance Health
LFST
$4.55B
| $319K | ﹤0.01% |
34,956
+6,286
| +22% | +$52.2K |
|
3458
Invesco NASDAQ Internet ETF
PNQI
$545M
| $318K | ﹤0.01% |
10,185
+125
| +1% | +$3.63K |
|
|
MAXN
3459
DELISTED
Maxeon Solar Technologies
MAXN
| $318K | ﹤0.01% |
113
+3
| +3% | +$8.59K |
|
3460
ProShares S&P Technology Dividend Aristocrats ETF
TDV
$280M
| $316K | ﹤0.01% |
+4,774
| New | +$293K |
|
3461
DMC Global
BOOM
$153M
| $316K | ﹤0.01% |
17,810
-825
| -4% | -$14.9K |
|
|
XRN
3462
Chiron Real Estate Inc
XRN
$475M
| $315K | ﹤0.01% |
6,911
-9,031
| -57% | -$408K |
|
3463
Timothy Plan US Large/Mid Cap Core ETF
TPLC
$315M
| $315K | ﹤0.01% |
8,760
-273
| -3% | -$9.37K |
|
3464
Liberty Global Class A
LBTYA
$3.46B
| $315K | ﹤0.01% |
18,657
-1,540
| -8% | -$27.4K |
|
|
IGA
3465
Voya Global Advantage and Premium Opportunity Fund
IGA
$158M
| $314K | ﹤0.01% |
36,823
-3,134
| -8% | -$26.2K |
|
3466
SI-BONE Inc
SIBN
$844M
| $314K | ﹤0.01% |
+11,633
| New | +$284K |
|
3467
Franklin High Yield Corporate ETF
FLHY
$1.24B
| $313K | ﹤0.01% |
13,771
+1,007
| +8% | +$22.7K |
|
3468
Warby Parker
WRBY
$3.26B
| $313K | ﹤0.01% |
26,805
+9,552
| +55% | +$109K |
|
3469
Winmark
WINA
$1.36B
| $312K | ﹤0.01% |
+938
| New | +$318K |
|
|
BZUN
3470
Baozun
BZUN
$170M
| $311K | ﹤0.01% |
77,945
-235,263
| -75% | -$1.05M |
|
|
IAS
3471
DELISTED
Integral Ad Science
IAS
| $311K | ﹤0.01% |
+17,276
| New | +$292K |
|
3472
HNI Corp
HNI
$3.54B
| $310K | ﹤0.01% |
10,999
+1,234
| +13% | +$32.8K |
|
|
AIF
3473
DELISTED
Apollo Tactical Income Fund Inc.
AIF
| $310K | ﹤0.01% |
24,395
+12,690
| +108% | +$156K |
|
3474
First Trust Dorsey Wright International Focus 5 ETF
IFV
$234M
| $310K | ﹤0.01% |
17,120
+2,513
| +17% | +$44.6K |
|
|
OTLY
3475
Oatly Group
OTLY
$419M
| $309K | ﹤0.01% |
+7,545
| New | +$308K |
|
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.