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 | |
|---|---|---|---|---|---|---|
526
Best Buy
BBY
$17.3B
| $52M | 0.02% |
633,926
-728,951
| -53% | -$54.4M |
|
527
ON Semiconductor
ON
$31.6B
| $51.9M | 0.02% |
548,894
-4,007,039
| -88% | -$331M |
|
528
BP
BP
$107B
| $51.2M | 0.02% |
1,449,653
+342,219
| +31% | +$12.7M |
|
529
Broadridge
BR
$19B
| $50.7M | 0.02% |
305,948
+27,822
| +10% | +$4.21M |
|
530
Paycom
PAYC
$9.69B
| $50.4M | 0.02% |
156,939
+32,178
| +26% | +$9.49M |
|
531
Blackstone
BX
$110B
| $50.4M | 0.02% |
541,920
-17,814
| -3% | -$1.54M |
|
532
Schwab US TIPS ETF
SCHP
$16.2B
| $50.3M | 0.02% |
1,918,764
+40,940
| +2% | +$1.09M |
|
533
PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund
HYS
$1.77B
| $50.1M | 0.02% |
548,870
-9,109
| -2% | -$823K |
|
534
Old Dominion Freight Line
ODFL
$44.9B
| $50M | 0.02% |
270,666
+1,230
| +0.5% | +$199K |
|
535
State Street SPDR Bloomberg Investment Grade Floating Rate ETF
FLRN
$2.97B
| $50M | 0.02% |
1,628,052
-232,759
| -13% | -$7.11M |
|
536
HDFC Bank
HDB
$121B
| $49.9M | 0.02% |
1,432,682
+30,368
| +2% | +$1.02M |
|
537
A.O. Smith
AOS
$8.7B
| $49.8M | 0.02% |
684,268
+92,380
| +16% | +$6.32M |
|
538
Global Payments
GPN
$22.8B
| $49.7M | 0.02% |
504,378
+120,726
| +31% | +$12.4M |
|
539
Innovator Defined Wealth Shield ETF
BALT
$2.79B
| $49.1M | 0.02% |
1,758,910
-45,385
| -3% | -$1.25M |
|
540
Fidelity Quality Factor ETF
FQAL
$1.46B
| $48.9M | 0.02% |
966,721
+73,425
| +8% | +$3.54M |
|
541
PACCAR
PCAR
$70.1B
| $48.9M | 0.02% |
584,174
-2,576,058
| -82% | -$191M |
|
542
Conagra Brands
CAG
$7.23B
| $48.8M | 0.02% |
1,447,330
-625,193
| -30% | -$22.6M |
|
543
Tyler Technologies
TYL
$12.8B
| $48.6M | 0.02% |
116,796
+1,879
| +2% | +$724K |
|
544
FlexShares Global Upstream Natural Resources Index Fund
GUNR
$6.97B
| $48.5M | 0.02% |
1,211,374
+133,601
| +12% | +$5.51M |
|
545
First Trust Morningstar Dividend Leaders Index Fund
FDL
$7.84B
| $48.5M | 0.02% |
1,424,882
-290,886
| -17% | -$10.1M |
|
546
Alerian MLP ETF
AMLP
$13.1B
| $48M | 0.02% |
1,223,434
-76,011
| -6% | -$2.95M |
|
547
Moody's
MCO
$82.7B
| $47.6M | 0.02% |
136,944
+9,043
| +7% | +$2.87M |
|
548
Schwab International Small-Cap Equity ETF
SCHC
$5.65B
| $47.6M | 0.02% |
1,408,890
-209,915
| -13% | -$7.1M |
|
549
SBA Communications
SBAC
$19.5B
| $47.4M | 0.02% |
204,550
+25,783
| +14% | +$6.17M |
|
550
Schwab Fundamental US Large Company Index ETF
FNDX
$27.3B
| $47.3M | 0.02% |
2,466,657
-235,026
| -9% | -$4.34M |
|
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.