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 Treasury Floating Rate Bond ETF
TFLO
|
+$1.31B |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$891M |
| 3 |
iShares S&P 500 Growth ETF
IVW
|
+$544M |
| 4 |
iShares MSCI EAFE Value ETF
EFV
|
+$472M |
| 5 |
Invesco BuyBack Achievers ETF
PKW
|
+$446M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares US Treasury Bond ETF
GOVT
|
+$1.51B |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$1.27B |
| 3 |
iShares Russell Top 200 Growth ETF
IWY
|
+$1.26B |
| 4 |
Vanguard Short-Term Bond ETF
BSV
|
+$1.23B |
| 5 |
iShares MSCI USA Quality Factor ETF
QUAL
|
+$1.16B |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.15% |
| 2 | Healthcare | 5.29% |
| 3 | Financials | 5.05% |
| 4 | Industrials | 3.86% |
| 5 | Consumer Discretionary | 3.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3851
Iovance Biotherapeutics
IOVA
$2.9B
| $113K | ﹤0.01% |
24,778
+5,796
| +31% | +$37.8K |
|
3852
Vanda Pharmaceuticals
VNDA
$304M
| $112K | ﹤0.01% |
25,933
+4,977
| +24% | +$27.7K |
|
|
POTX
3853
DELISTED
Global X Cannabis ETF
POTX
| $111K | ﹤0.01% |
16,756
+5,511
| +49% | +$38.4K |
|
3854
BlackRock MuniYield Michigan Quality Fund
MIY
$353M
| $110K | ﹤0.01% |
11,086
| – | – |
|
3855
Plug Power
PLUG
$2.94B
| $110K | ﹤0.01% |
14,441
-24,411
| -63% | -$238K |
|
3856
Invesco Pennsylvania Value Municipal Income Trust
VPV
$201M
| $110K | ﹤0.01% |
+12,250
| New | +$118K |
|
3857
BlackRock Core Bond Trust
BHK
$664M
| $109K | ﹤0.01% |
10,965
-4,719
| -30% | -$49.2K |
|
3858
Algonquin Power & Utilities
AQN
$4.36B
| $109K | ﹤0.01% |
18,320
+810
| +5% | +$6.1K |
|
|
EVG
3859
Eaton Vance Short Duration Diversified Income Fund
EVG
$143M
| $108K | ﹤0.01% |
+10,442
| New | +$105K |
|
3860
nLIGHT
LASR
$2.94B
| $107K | ﹤0.01% |
10,332
-1,813
| -15% | -$22.1K |
|
3861
FuboTV Inc
FUBO
$283M
| $107K | ﹤0.01% |
3,348
+1,046
| +45% | +$32.4K |
|
|
MUI
3862
DELISTED
BlackRock Municipal Income Fund, Inc.
MUI
| $106K | ﹤0.01% |
10,466
-168
| -2% | -$1.85K |
|
|
PFN
3863
PIMCO Income Strategy Fund II
PFN
$707M
| $106K | ﹤0.01% |
16,090
+1,234
| +8% | +$8.58K |
|
3864
Ironwood Pharmaceuticals
IRWD
$669M
| $106K | ﹤0.01% |
10,991
-233,928
| -96% | -$2.29M |
|
|
BLRX
3865
BioLineRX
BLRX
$11.8M
| $106K | ﹤0.01% |
1,453
-258
| -15% | -$17.3K |
|
|
AXIA.PR
3866
DELISTED
AXIA Energia American Depositary Shares Preferred Class B1
AXIA.PR
| $106K | ﹤0.01% |
16,230
+1,571
| +11% | +$10.4K |
|
|
XNET
3867
Xunlei
XNET
$321M
| $106K | ﹤0.01% |
65,557
-15,793
| -19% | -$28.6K |
|
3868
Adaptive Biotechnologies
ADPT
$4.05B
| $105K | ﹤0.01% |
19,175
-4,007
| -17% | -$26.5K |
|
|
XFLT
3869
XAI Floating Rate & Alternative Income Trust
XFLT
$289M
| $104K | ﹤0.01% |
+3,000
| New | +$103K |
|
3870
Magnite
MGNI
$3.47B
| $103K | ﹤0.01% |
13,689
-1,858
| -12% | -$20K |
|
|
TRVG
3871
trivago
TRVG
$376M
| $102K | ﹤0.01% |
19,471
-113,012
| -85% | -$682K |
|
3872
Digital Turbine
APPS
$1.74B
| $102K | ﹤0.01% |
16,783
-23,844
| -59% | -$212K |
|
3873
Lindblad Expeditions
LIND
$2.16B
| $99.9K | ﹤0.01% |
13,869
+1,955
| +16% | +$18.6K |
|
3874
Tencent Music
TME
$16.2B
| $99.6K | ﹤0.01% |
15,616
-89,145
| -85% | -$594K |
|
3875
Under Armour
UAA
$2.52B
| $99.4K | ﹤0.01% |
+14,510
| New | +$109K |
|
Similar funds
Envestnet Asset Management's Q3 2023 Portfolio in Review
As of Q3 2023, Envestnet Asset Management held 4,231 positions worth $219B, down 3.1% from $226B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Envestnet Asset Management's Q3 2023 filing shows 290 new, 2,438 increased, 1,245 reduced and 229 closed positions. Its largest new stake was Dimensional California Municipal Bond ETF: 2,848,993 shares worth $139M. The largest sale was iShares US Treasury Bond ETF, an estimated $1.51B.
By sector, the portfolio is most concentrated in Technology at 8.1% of assets, up from 6.9% a quarter earlier, followed by Healthcare and Financials.
- Envestnet Asset Management's largest Q3 2023 buy was Dimensional California Municipal Bond ETF: 2,848,993 shares worth $139M.
- Envestnet Asset Management added most to iShares Treasury Floating Rate Bond ETF in Q3 2023, an estimated $1.31B increase.
- Envestnet Asset Management's biggest Q3 2023 reduction was iShares US Treasury Bond ETF, cutting an estimated $1.51B.
- Envestnet Asset Management fully exited JPMorgan US Value Factor ETF in Q3 2023, selling an estimated $91.4M.
- Envestnet Asset Management's ten largest holdings make up 21% of its $219B portfolio in Q3 2023.
- Envestnet Asset Management opened 290 new positions and closed 229 in Q3 2023.
- Envestnet Asset Management's portfolio value fell 3.1% quarter-over-quarter to $219B.
Based on Envestnet Asset Management's 13F filing for Q3 2023, filed 13 Nov 2023.