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 S&P 500 ETF
IVV
|
+$705M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$612M |
| 3 |
WisdomTree Trust WisdomTree US Quality Dividend Growth Fund
DGRW
|
+$330M |
| 4 |
iShares US Treasury Bond ETF
GOVT
|
+$302M |
| 5 |
iShares MSCI USA Momentum Factor ETF
MTUM
|
+$274M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 400 Mid Cap Growth ETF
MDYG
|
+$417M |
| 2 |
iShares 7-10 Year Treasury Bond ETF
IEF
|
+$294M |
| 3 |
State Street SPDR Portfolio Intermediate Term Treasury ETF
SPTI
|
+$280M |
| 4 |
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
|
+$173M |
| 5 |
Vanguard Morningstar Growth ETF
VUG
|
+$169M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 5.77% |
| 2 | Healthcare | 4.09% |
| 3 | Financials | 3.13% |
| 4 | Consumer Discretionary | 2.74% |
| 5 | Industrials | 2.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
576
Graco
GGG
$13.5B
| $18.7M | 0.02% |
304,100
+29,838
| +11% | +$1.67M |
|
577
Rio Tinto
RIO
$166B
| $18.6M | 0.02% |
308,303
+71,772
| +30% | +$4.4M |
|
|
AZPN
578
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $18.6M | 0.02% |
147,025
-7,456
| -5% | -$944K |
|
579
Ametek
AME
$58B
| $18.6M | 0.02% |
187,225
+11,949
| +7% | +$1.16M |
|
580
Jacobs Solutions
J
$17.2B
| $18.6M | 0.02% |
242,450
+24,295
| +11% | +$1.78M |
|
581
State Street SPDR Bloomberg Investment Grade Floating Rate ETF
FLRN
$2.97B
| $18.6M | 0.02% |
608,102
+3,132
| +0.5% | +$95.7K |
|
582
Martin Marietta Materials
MLM
$33B
| $18.6M | 0.02% |
78,929
+4,583
| +6% | +$991K |
|
583
Dover
DOV
$28.3B
| $18.5M | 0.02% |
170,435
+30,031
| +21% | +$3.21M |
|
584
Kinder Morgan
KMI
$69.9B
| $18.4M | 0.02% |
1,494,763
-520,701
| -26% | -$7.26M |
|
585
Cadence Design Systems
CDNS
$91.4B
| $18.4M | 0.02% |
172,093
+67,303
| +64% | +$7.08M |
|
586
Invesco Short Term Treasury ETF
TBLL
$2.85B
| $18.3M | 0.02% |
173,439
-11,466
| -6% | -$1.21M |
|
|
BSJK
587
DELISTED
Invesco BulletShares 2020 High Yield Corporate Bond ETF
BSJK
| $18.3M | 0.02% |
784,052
-238,956
| -23% | -$5.58M |
|
588
DaVita
DVA
$11.7B
| $18.2M | 0.02% |
212,676
+4,030
| +2% | +$344K |
|
589
Aflac
AFL
$61.2B
| $18.2M | 0.02% |
500,311
-575
| -0.1% | -$20.9K |
|
590
Guidewire Software
GWRE
$14.4B
| $18.2M | 0.02% |
174,414
+30,391
| +21% | +$3.41M |
|
591
Sempra
SRE
$55.1B
| $18.2M | 0.02% |
307,298
+9,760
| +3% | +$601K |
|
592
RB Global
RBA
$17.4B
| $18.1M | 0.02% |
304,719
+34,902
| +13% | +$1.84M |
|
593
Fidelity MSCI Financials Index ETF
FNCL
$2.41B
| $17.9M | 0.02% |
529,764
+397,611
| +301% | +$13.7M |
|
594
Centene
CNC
$32.9B
| $17.8M | 0.02% |
305,151
-249,456
| -45% | -$15.5M |
|
595
PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF
MFEM
$149M
| $17.7M | 0.02% |
788,462
-36,453
| -4% | -$817K |
|
596
Advance Auto Parts
AAP
$3.36B
| $17.7M | 0.02% |
115,484
+1,041
| +0.9% | +$157K |
|
597
Palo Alto Networks
PANW
$314B
| $17.7M | 0.02% |
434,466
+8,328
| +2% | +$346K |
|
598
CSX Corp
CSX
$92.8B
| $17.7M | 0.02% |
681,894
-75,012
| -10% | -$1.85M |
|
599
First Trust US Equity Opportunities ETF
FPX
$1.48B
| $17.6M | 0.02% |
182,124
+25,768
| +16% | +$2.35M |
|
600
State Street SPDR S&P Global Natural Resources ETF
GNR
$4.95B
| $17.5M | 0.02% |
466,388
-97,484
| -17% | -$3.77M |
|
Similar funds
Envestnet Asset Management's Q3 2020 Portfolio in Review
As of Q3 2020, Envestnet Asset Management held 3,254 positions worth $113B, up 10% from $102B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Envestnet Asset Management deployed $4.75B of net new capital in Q3 2020, opening 193 new positions and adding to 1,654 existing holdings. Its largest new stake was American Century Large Cap Equity ETF: 1,912,440 shares worth $81.5M.
By sector, the portfolio is most concentrated in Technology at 5.8% of assets, up from 5.8% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was State Street SPDR S&P 400 Mid Cap Growth ETF, an estimated $417M trimmed.
- Envestnet Asset Management's largest Q3 2020 buy was American Century Large Cap Equity ETF: 1,912,440 shares worth $81.5M.
- Envestnet Asset Management added most to iShares Core S&P 500 ETF in Q3 2020, an estimated $705M increase.
- Envestnet Asset Management's biggest Q3 2020 reduction was State Street SPDR S&P 400 Mid Cap Growth ETF, cutting an estimated $417M.
- Envestnet Asset Management fully exited CMC Materials, Inc. Common Stock in Q3 2020, selling an estimated $9.9M.
- Envestnet Asset Management's ten largest holdings make up 25% of its $113B portfolio in Q3 2020.
- Envestnet Asset Management opened 193 new positions and closed 159 in Q3 2020.
- Envestnet Asset Management's portfolio value rose 10% quarter-over-quarter to $113B.
Based on Envestnet Asset Management's 13F filing for Q3 2020, filed 9 Oct 2020.