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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$10.9B |
| 2 |
Vanguard S&P 500 ETF
VOO
|
+$10.5B |
| 3 |
NVR
NVR
|
+$7.08B |
| 4 |
Vanguard Morningstar Large-Cap ETF
VV
|
+$5.07B |
| 5 |
iShares Russell 1000 ETF
IWB
|
+$4.99B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares ESG Aware MSCI USA ETF
ESGU
|
+$2.68B |
| 2 |
iShares MSCI Emerging Markets Min Vol Factor ETF
EEMV
|
+$1.48B |
| 3 |
iShares 0-5 Year High Yield Corporate Bond ETF
SHYG
|
+$1B |
| 4 |
State Street SPDR Portfolio S&P 500 Value ETF
SPYV
|
+$733M |
| 5 |
iShares MSCI EAFE Value ETF
EFV
|
+$602M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 72.41% |
| 2 | Technology | 6.42% |
| 3 | Healthcare | 4.3% |
| 4 | Financials | 3.85% |
| 5 | Industrials | 2.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
NOVA
3701
DELISTED
Sunnova Energy
NOVA
| $165K | ﹤0.01% |
+10,538
| New | +$184K |
|
3702
Freshworks
FRSH
$3.3B
| $163K | ﹤0.01% |
+10,588
| New | +$160K |
|
|
PDM
3703
Piedmont Realty Trust
PDM
$1.19B
| $162K | ﹤0.01% |
22,255
-34,848
| -61% | -$320K |
|
3704
Cinemark Holdings
CNK
$3.93B
| $162K | ﹤0.01% |
10,965
-2,308
| -17% | -$28K |
|
3705
Sibanye-Stillwater
SBSW
$8.38B
| $162K | ﹤0.01% |
53,272
+23,520
| +79% | +$228K |
|
3706
Xencor
XNCR
$1.77B
| $161K | ﹤0.01% |
82,450
+65,587
| +389% | +$2.02M |
|
|
ARDC
3707
Are Dynamic Credit Allocation Fund
ARDC
$289M
| $161K | ﹤0.01% |
13,411
+609
| +5% | +$7.48K |
|
3708
Barings BDC
BBDC
$914M
| $160K | ﹤0.01% |
20,214
-995
| -5% | -$8.35K |
|
3709
Nuveen Dynamic Municipal Opportunities Fund
NDMO
$550M
| $160K | ﹤0.01% |
+15,176
| New | +$169K |
|
3710
Hecla Mining
HL
$12.5B
| $160K | ﹤0.01% |
25,299
+2,044
| +9% | +$11.7K |
|
|
LGF.A
3711
DELISTED
Lions Gate Entertainment Corp. Class A Voting Shares
LGF.A
| $158K | ﹤0.01% |
+14,300
| New | +$129K |
|
3712
G-III Apparel Group
GIII
$1.19B
| $158K | ﹤0.01% |
10,134
-16,467
| -62% | -$258K |
|
3713
QuantumScape Corp
QS
$3.11B
| $157K | ﹤0.01% |
19,173
-69,342
| -78% | -$563K |
|
|
WEA
3714
Western Asset Premier Bond Fund
WEA
$120M
| $154K | ﹤0.01% |
15,141
-650
| -4% | -$6.94K |
|
3715
Valley National Bancorp
VLY
$7.63B
| $154K | ﹤0.01% |
16,652
-11,865
| -42% | -$131K |
|
3716
RLJ Lodging Trust
RLJ
$1.67B
| $153K | ﹤0.01% |
14,408
+1,971
| +16% | +$22.1K |
|
3717
Dillards
DDS
$10B
| $151K | ﹤0.01% |
178,943
+177,752
| +14,925% | +$63.2M |
|
|
NETI
3718
DELISTED
Eneti Inc.
NETI
| $151K | ﹤0.01% |
16,151
+68
| +0.4% | +$680 |
|
|
PCN
3719
PIMCO Corporate & Income Strategy Fund
PCN
$848M
| $150K | ﹤0.01% |
11,953
+327
| +3% | +$4.27K |
|
3720
StoneCo
STNE
$2.23B
| $150K | ﹤0.01% |
+15,688
| New | +$150K |
|
|
GDO
3721
Western Asset Global Corporate Defined Opportunity Fund
GDO
$73.3M
| $149K | ﹤0.01% |
11,763
+296
| +3% | +$3.84K |
|
3722
Texas Capital Bancshares
TCBI
$4.25B
| $149K | ﹤0.01% |
14,156
+7,349
| +108% | +$451K |
|
3723
Spire
SR
$4.74B
| $149K | ﹤0.01% |
+573,721
| New | +$40.7M |
|
3724
Invesco KBW High Dividend Yield Financial ETF
KBWD
$390M
| $149K | ﹤0.01% |
10,100
-56,314
| -85% | -$895K |
|
3725
Ginkgo Bioworks
DNA
$471M
| $149K | ﹤0.01% |
2,794
-553
| -17% | -$35K |
|
Similar funds
Envestnet Asset Management's Q1 2023 Portfolio in Review
As of Q1 2023, Envestnet Asset Management held 4,198 positions worth $208B, up 7.7% from $193B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Envestnet Asset Management deployed $124B of net new capital in Q1 2023, opening 253 new positions and adding to 2,493 existing holdings. Its largest new stake was Spire: 573,721 shares worth $149K.
By sector, the portfolio is most concentrated in Miscellaneous at 72% of assets, down from 72% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was iShares ESG Aware MSCI USA ETF, an estimated $2.68B trimmed.
- Envestnet Asset Management's largest Q1 2023 buy was Spire: 573,721 shares worth $149K.
- Envestnet Asset Management added most to State Street SPDR S&P 500 ETF Trust in Q1 2023, an estimated $10.9B increase.
- Envestnet Asset Management's biggest Q1 2023 reduction was iShares ESG Aware MSCI USA ETF, cutting an estimated $2.68B.
- Envestnet Asset Management fully exited Canadian Pacific Kansas City in Q1 2023, selling an estimated $74.5M.
- Envestnet Asset Management's ten largest holdings make up 25% of its $208B portfolio in Q1 2023.
- Envestnet Asset Management opened 253 new positions and closed 232 in Q1 2023.
- Envestnet Asset Management's portfolio value rose 7.7% quarter-over-quarter to $208B.
Based on Envestnet Asset Management's 13F filing for Q1 2023, filed 11 May 2023.