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 ESG Aware MSCI USA ETF
ESGU
|
+$1.07B |
| 2 |
iShares MBS ETF
MBB
|
+$778M |
| 3 |
iShares ESG Aware MSCI EM ETF
ESGE
|
+$478M |
| 4 |
iShares Core US Aggregate Bond ETF
AGG
|
+$291M |
| 5 |
State Street SPDR S&P 400 Mid Cap Growth ETF
MDYG
|
+$277M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Portfolio S&P 500 Growth ETF
SPYG
|
+$430M |
| 2 |
iShares US Financial Services ETF
IYG
|
+$366M |
| 3 |
iShares Short Maturity Bond ETF
NEAR
|
+$354M |
| 4 |
iShares MSCI USA Momentum Factor ETF
MTUM
|
+$236M |
| 5 |
iShares Core MSCI EAFE ETF
IEFA
|
+$122M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 74.85% |
| 2 | Technology | 6.04% |
| 3 | Healthcare | 3.92% |
| 4 | Financials | 3.44% |
| 5 | Consumer Discretionary | 2.72% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
iShares Russell 2000 ETF
IWM
$77.6B
| $468M | 0.35% |
2,385,260
-610,146
| -20% | -$107M |
|
|
52
iShares MSCI USA Momentum Factor ETF
MTUM
$24.1B
| $459M | 0.35% |
2,847,443
-1,540,220
| -35% | -$236M |
|
53
iShares 1-3 Year Treasury Bond ETF
SHY
$26.1B
| $445M | 0.34% |
5,154,208
-206,998
| -4% | -$17.9M |
|
54
Meta Platforms (Facebook)
META
$1.7T
| $445M | 0.34% |
1,627,790
+76,436
| +5% | +$21M |
|
55
iShares Core MSCI Total International Stock ETF
IXUS
$59.6B
| $437M | 0.33% |
6,497,132
+171,653
| +3% | +$10.8M |
|
56
Vanguard Morningstar Mid-Cap ETF
VO
$105B
| $427M | 0.32% |
8,254,088
+1,170,044
| +17% | +$56.7M |
|
57
iShares Russell Top 200 Growth ETF
IWY
$15.6B
| $420M | 0.32% |
3,158,920
+1,433,149
| +83% | +$181M |
|
58
WisdomTree Trust WisdomTree US Quality Dividend Growth Fund
DGRW
$17.1B
| $410M | 0.31% |
7,598,360
+248,270
| +3% | +$12.9M |
|
59
Visa
V
$701B
| $388M | 0.29% |
1,774,025
+105,437
| +6% | +$21.6M |
|
60
JPMorgan Chase
JPM
$931B
| $370M | 0.28% |
2,910,975
+128,718
| +5% | +$14.4M |
|
61
Mastercard
MA
$503B
| $366M | 0.28% |
1,025,450
+70,157
| +7% | +$23.3M |
|
62
iShares Russell 1000 ETF
IWB
$48.7B
| $365M | 0.28% |
1,721,980
-23,163
| -1% | -$4.62M |
|
63
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$68.7B
| $354M | 0.27% |
3,644,784
+363,840
| +11% | +$35.1M |
|
64
Home Depot
HD
$310B
| $340M | 0.26% |
1,281,135
+77,951
| +6% | +$21.4M |
|
65
Adobe
ADBE
$106B
| $333M | 0.25% |
665,204
+56,755
| +9% | +$27.4M |
|
66
Alphabet (Google) Class C
GOOG
$4.23T
| $320M | 0.24% |
3,649,820
+192,260
| +6% | +$16.2M |
|
67
iShares 0-1 Year Treasury Bond ETF
SHV
$21.1B
| $317M | 0.24% |
2,867,606
+302,140
| +12% | +$33.4M |
|
68
iShares Russell Top 200 Value ETF
IWX
$3.94B
| $310M | 0.23% |
5,350,079
+2,340,546
| +78% | +$128M |
|
69
iShares Core S&P Total US Stock Market ETF
ITOT
$95.8B
| $309M | 0.23% |
3,579,764
+126,860
| +4% | +$10.3M |
|
|
70
State Street SPDR S&P 400 Mid Cap Growth ETF
MDYG
$2.78B
| $307M | 0.23% |
4,432,208
+4,333,411
| +4,386% | +$277M |
|
71
UnitedHealth
UNH
$344B
| $299M | 0.23% |
852,861
+31,915
| +4% | +$10.7M |
|
|
72
Alphabet (Google) Class A
GOOGL
$4.27T
| $296M | 0.22% |
3,377,340
+174,400
| +5% | +$14.7M |
|
73
Nike
NKE
$55B
| $289M | 0.22% |
2,040,532
+46,015
| +2% | +$6.1M |
|
74
State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
SHM
$3.5B
| $288M | 0.22% |
5,774,393
+423,109
| +8% | +$21.1M |
|
75
Vanguard Morningstar Small-Cap Value ETF
VBR
$36.7B
| $287M | 0.22% |
2,019,748
+26,839
| +1% | +$3.46M |
|
Similar funds
Envestnet Asset Management's Q4 2020 Portfolio in Review
As of Q4 2020, Envestnet Asset Management held 3,399 positions worth $132B, up 17% from $113B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Envestnet Asset Management deployed $7.35B of net new capital in Q4 2020, opening 304 new positions and adding to 1,756 existing holdings. Its largest new stake was iShares ESG Advanced Universal USD Bond ETF: 1,913,506 shares worth $96.9M.
By sector, the portfolio is most concentrated in Miscellaneous at 75% of assets, down from 75% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was State Street SPDR Portfolio S&P 500 Growth ETF, an estimated $430M trimmed.
- Envestnet Asset Management's largest Q4 2020 buy was iShares ESG Advanced Universal USD Bond ETF: 1,913,506 shares worth $96.9M.
- Envestnet Asset Management added most to iShares ESG Aware MSCI USA ETF in Q4 2020, an estimated $1.07B increase.
- Envestnet Asset Management's biggest Q4 2020 reduction was State Street SPDR Portfolio S&P 500 Growth ETF, cutting an estimated $430M.
- Envestnet Asset Management fully exited Unilever NV New York Registry Shares in Q4 2020, selling an estimated $33.4M.
- Envestnet Asset Management's ten largest holdings make up 25% of its $132B portfolio in Q4 2020.
- Envestnet Asset Management opened 304 new positions and closed 133 in Q4 2020.
- Envestnet Asset Management's portfolio value rose 17% quarter-over-quarter to $132B.
Based on Envestnet Asset Management's 13F filing for Q4 2020, filed 2 Feb 2021.