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 | |
|---|---|---|---|---|---|---|
3551
Cambria Emerging Shareholder Yield ETF
EYLD
$884M
| $265K | ﹤0.01% |
+9,511
| New | +$271K |
|
3552
Bioventus
BVS
$1.17B
| $264K | ﹤0.01% |
+91,367
| New | +$175K |
|
3553
MDU Resources
MDU
$4.29B
| $264K | ﹤0.01% |
22,739
-74,714
| -77% | -$840K |
|
|
ARR
3554
Armour Residential REIT
ARR
$2.34B
| $262K | ﹤0.01% |
9,842
-68,870
| -87% | -$1.76M |
|
3555
Enovix
ENVX
$1.01B
| $261K | ﹤0.01% |
+16,541
| New | +$192K |
|
3556
MoonLake Immunotherapeutics
MLTX
$1.47B
| $260K | ﹤0.01% |
+5,098
| New | +$137K |
|
|
MAG
3557
DELISTED
MAG Silver
MAG
| $259K | ﹤0.01% |
23,248
-17,636
| -43% | -$220K |
|
3558
Invesco Golden Dragon China ETF
PGJ
$100M
| $259K | ﹤0.01% |
9,716
+37
| +0.4% | +$994 |
|
3559
FT Vest Gold Strategy Quarterly Buffer ETF
BGLD
$52.6M
| $258K | ﹤0.01% |
13,179
+110
| +0.8% | +$2.17K |
|
3560
BNY Mellon US Small Cap Core Equity ETF
BKSE
$89.4M
| $258K | ﹤0.01% |
9,039
-1,470
| -14% | -$39.6K |
|
|
EBIX
3561
DELISTED
Ebix Inc
EBIX
| $258K | ﹤0.01% |
10,230
-111,306
| -92% | -$2.09M |
|
|
IBHD
3562
DELISTED
iShares iBonds 2024 Term High Yield and Income ETF
IBHD
| $257K | ﹤0.01% |
11,126
+1,128
| +11% | +$25.9K |
|
3563
Nuveen Short-Term REIT ETF
NURE
$34.8M
| $256K | ﹤0.01% |
+8,425
| New | +$253K |
|
3564
Alpha Metallurgical Resources
AMR
$1.95B
| $256K | ﹤0.01% |
1,555
-221,300
| -99% | -$33.8M |
|
3565
Leonardo DRS
DRS
$12B
| $255K | ﹤0.01% |
+14,703
| New | +$228K |
|
|
ISZE
3566
DELISTED
iShares MSCI Intl Size Factor ETF
ISZE
| $255K | ﹤0.01% |
9,936
-1,149
| -10% | -$29.9K |
|
|
CBD
3567
DELISTED
Companhia Brasileira de Distribuicao
CBD
| $254K | ﹤0.01% |
66,010
-1,819
| -3% | -$5.94K |
|
3568
NIO
NIO
$12.1B
| $254K | ﹤0.01% |
26,216
-859
| -3% | -$7.27K |
|
|
GES
3569
DELISTED
Guess Inc
GES
| $254K | ﹤0.01% |
13,047
-133,431
| -91% | -$2.57M |
|
3570
Carlyle Secured Lending
CGBD
$766M
| $253K | ﹤0.01% |
17,410
-2,857
| -14% | -$39.7K |
|
3571
uniQure
QURE
$3.2B
| $253K | ﹤0.01% |
22,065
-1,059
| -5% | -$20.1K |
|
3572
Embotelladora Andina Series B
AKO.B
$4.95B
| $253K | ﹤0.01% |
16,209
-124,817
| -89% | -$1.92M |
|
|
HPP
3573
Hudson Pacific Properties
HPP
$740M
| $252K | ﹤0.01% |
8,533
-27,182
| -76% | -$972K |
|
3574
Delek US
DK
$3.72B
| $252K | ﹤0.01% |
10,502
-3,210
| -23% | -$72.9K |
|
3575
Crescent Capital BDC
CCAP
$430M
| $251K | ﹤0.01% |
16,598
| – | – |
|
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.