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 Universal USD Bond ETF
IUSB
|
+$2.06B |
| 2 |
iShares MSCI EAFE Value ETF
EFV
|
+$1.8B |
| 3 |
iShares US Treasury Bond ETF
GOVT
|
+$752M |
| 4 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$514M |
| 5 |
iShares Fallen Angels USD Bond ETF
FALN
|
+$494M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$1.08B |
| 2 |
iShares 0-5 Year High Yield Corporate Bond ETF
SHYG
|
+$700M |
| 3 |
iShares Core S&P 500 ETF
IVV
|
+$530M |
| 4 |
iShares MSCI USA Min Vol Factor ETF
USMV
|
+$388M |
| 5 |
iShares MBS ETF
MBB
|
+$379M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 6.32% |
| 2 | Healthcare | 4.23% |
| 3 | Financials | 4.03% |
| 4 | Consumer Discretionary | 3.02% |
| 5 | Industrials | 2.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
426
Illumina
ILMN
$28.9B
| $47.8M | 0.03% |
127,965
+41,069
| +47% | +$16.7M |
|
427
Genuine Parts
GPC
$18.5B
| $47.8M | 0.03% |
413,393
+9,542
| +2% | +$1.02M |
|
428
Aon
AON
$76B
| $47.7M | 0.03% |
207,104
+45,629
| +28% | +$10M |
|
429
C.H. Robinson
CHRW
$17.4B
| $47.5M | 0.03% |
498,046
+8,264
| +2% | +$772K |
|
430
Vanguard Russell 1000 ETF
VONE
$8.69B
| $46.9M | 0.03% |
253,400
+139,446
| +122% | +$25.3M |
|
431
EOG Resources
EOG
$73.7B
| $46.7M | 0.03% |
643,241
+445,725
| +226% | +$28.4M |
|
432
Dominion Energy
D
$59.1B
| $46.6M | 0.03% |
612,929
+125,303
| +26% | +$9.1M |
|
433
ResMed
RMD
$31.7B
| $46.5M | 0.03% |
239,766
+10,749
| +5% | +$2.16M |
|
434
HCA Healthcare
HCA
$89.9B
| $46.4M | 0.03% |
246,192
+183,392
| +292% | +$32.3M |
|
435
Progressive
PGR
$125B
| $46M | 0.03% |
481,011
+15,794
| +3% | +$1.44M |
|
436
Old Dominion Freight Line
ODFL
$44.4B
| $45.9M | 0.03% |
381,460
+244,728
| +179% | +$26.3M |
|
437
Microchip Technology
MCHP
$44.6B
| $45.7M | 0.03% |
588,824
+212,134
| +56% | +$15.8M |
|
|
XYZ
438
Block Inc
XYZ
$47.8B
| $45.5M | 0.03% |
200,269
+26,063
| +15% | +$6.1M |
|
439
Fidelity MSCI Information Technology Index ETF
FTEC
$21.2B
| $44.9M | 0.03% |
424,547
-174,818
| -29% | -$18.6M |
|
440
Vertex Pharmaceuticals
VRTX
$135B
| $44.8M | 0.03% |
208,677
+19,743
| +10% | +$4.34M |
|
441
Monster Beverage
MNST
$90.6B
| $44.3M | 0.03% |
973,380
+322,380
| +50% | +$14.4M |
|
442
Motorola Solutions
MSI
$75.9B
| $44.1M | 0.03% |
234,252
+88,347
| +61% | +$15.8M |
|
443
DexCom
DXCM
$33.2B
| $44M | 0.03% |
489,896
+118,460
| +32% | +$11.1M |
|
444
American International
AIG
$41B
| $43.7M | 0.03% |
945,388
+20,532
| +2% | +$887K |
|
445
Okta
OKTA
$26.4B
| $43.6M | 0.03% |
198,002
+55,987
| +39% | +$14.1M |
|
446
Diageo
DEO
$53.7B
| $43.5M | 0.03% |
265,203
+29,164
| +12% | +$4.77M |
|
447
Corteva
CTVA
$51.6B
| $43.5M | 0.03% |
933,459
-61,882
| -6% | -$2.74M |
|
448
Oneok
OKE
$55.8B
| $43.3M | 0.03% |
854,597
-136,524
| -14% | -$6.2M |
|
449
TE Connectivity
TEL
$62.4B
| $43.2M | 0.03% |
334,867
+98,314
| +42% | +$12.6M |
|
450
Micron Technology
MU
$983B
| $43.2M | 0.03% |
489,696
-19,632
| -4% | -$1.67M |
|
Similar funds
Envestnet Asset Management's Q1 2021 Portfolio in Review
As of Q1 2021, Envestnet Asset Management held 3,632 positions worth $154B, up 16% from $132B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Envestnet Asset Management deployed $16B of net new capital in Q1 2021, opening 365 new positions and adding to 2,197 existing holdings. Its largest new stake was Lumen: 1,779,412 shares worth $23.8M.
By sector, the portfolio is most concentrated in Technology at 6.3% of assets, up from 6% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was iShares iBoxx $ Investment Grade Corporate Bond ETF, an estimated $1.08B trimmed.
- Envestnet Asset Management's largest Q1 2021 buy was Lumen: 1,779,412 shares worth $23.8M.
- Envestnet Asset Management added most to iShares Core Universal USD Bond ETF in Q1 2021, an estimated $2.06B increase.
- Envestnet Asset Management's biggest Q1 2021 reduction was iShares iBoxx $ Investment Grade Corporate Bond ETF, cutting an estimated $1.08B.
- Envestnet Asset Management fully exited JPMorgan BetaBuilders Japan ETF in Q1 2021, selling an estimated $37.1M.
- Envestnet Asset Management's ten largest holdings make up 22% of its $154B portfolio in Q1 2021.
- Envestnet Asset Management opened 365 new positions and closed 139 in Q1 2021.
- Envestnet Asset Management's portfolio value rose 16% quarter-over-quarter to $154B.
Based on Envestnet Asset Management's 13F filing for Q1 2021, filed 4 May 2021.