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 | |
|---|---|---|---|---|---|---|
476
CSX Corp
CSX
$93.2B
| $61.1M | 0.03% |
1,791,390
+803,035
| +81% | +$25.4M |
|
477
Vanguard Long-Term Treasury ETF
VGLT
$10.3B
| $61M | 0.03% |
960,610
+706,595
| +278% | +$45.3M |
|
478
iShares Ultra Short Duration Bond Active ETF
ICSH
$8.4B
| $60.9M | 0.03% |
1,211,721
+50,749
| +4% | +$2.55M |
|
479
Schwab US Mid-Cap ETF
SCHM
$15.1B
| $60.9M | 0.03% |
2,572,026
-240,486
| -9% | -$5.42M |
|
480
Arista Networks
ANET
$243B
| $60.3M | 0.03% |
1,488,056
-4,921,004
| -77% | -$190M |
|
481
Xtrackers USD High Yield Corporate Bond ETF
HYLB
$3.47B
| $60.2M | 0.03% |
1,743,682
+390,049
| +29% | +$13.4M |
|
482
iShares Core International Aggregate Bond Fund
IAGG
$11.4B
| $59.9M | 0.03% |
1,214,283
+197,898
| +19% | +$9.7M |
|
483
LPL Financial
LPLA
$29.1B
| $59.9M | 0.03% |
275,268
-230,280
| -46% | -$46.1M |
|
484
Avery Dennison
AVY
$13.4B
| $59.6M | 0.03% |
347,186
-20,973
| -6% | -$3.59M |
|
485
American Century Diversified Municipal Bond ETF
TAXF
$685M
| $59.4M | 0.03% |
1,188,489
+152,687
| +15% | +$7.63M |
|
486
Simon Property Group
SPG
$71.1B
| $59.2M | 0.03% |
512,414
-2,126,986
| -81% | -$232M |
|
487
Nucor
NUE
$62.8B
| $58.4M | 0.03% |
356,367
-1,648,856
| -82% | -$241M |
|
488
AutoZone
AZO
$49.8B
| $58.4M | 0.03% |
23,410
-1,369,482
| -98% | -$3.49B |
|
489
Expeditors International
EXPD
$23.3B
| $58.3M | 0.03% |
481,284
-2,058,664
| -81% | -$234M |
|
490
Fidelity MSCI Information Technology Index ETF
FTEC
$21.3B
| $58.2M | 0.03% |
445,429
+131,103
| +42% | +$15.6M |
|
491
Invesco Total Return Bond ETF
GTO
$2.47B
| $58.2M | 0.03% |
1,252,242
+922,672
| +280% | +$43.2M |
|
492
Capital Group Growth ETF
CGGR
$25.1B
| $58.1M | 0.03% |
2,304,098
+872,037
| +61% | +$20.3M |
|
493
iShares Core MSCI International Developed Markets ETF
IDEV
$32.5B
| $58M | 0.03% |
948,440
+50,393
| +6% | +$3.09M |
|
494
State Street DoubleLine Total Return Tactical ETF
TOTL
$3.99B
| $57.6M | 0.03% |
1,419,373
-44,168
| -3% | -$1.8M |
|
495
Vanguard Communication Services ETF
VOX
$5.86B
| $57.1M | 0.03% |
537,579
+195,222
| +57% | +$19.6M |
|
496
Northrop Grumman
NOC
$82.2B
| $56.8M | 0.03% |
124,608
-55,820
| -31% | -$25.3M |
|
497
Avantis US Large Cap Value ETF
AVLV
$18.3B
| $56.8M | 0.03% |
1,064,516
+1,059,283
| +20,242% | +$54.1M |
|
498
Invesco Russell 1000 Dynamic Multifactor ETF
OMFL
$4.88B
| $56.6M | 0.03% |
1,155,113
+500,954
| +77% | +$23.7M |
|
499
WisdomTree US LargeCap Dividend Fund
DLN
$6.4B
| $56.4M | 0.03% |
887,184
+243,821
| +38% | +$15.1M |
|
500
iShares Core MSCI Pacific ETF
IPAC
$2.75B
| $55.7M | 0.02% |
969,370
-17,667
| -2% | -$1.01M |
|
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.