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 | |
|---|---|---|---|---|---|---|
801
First Trust Preferred Securities and Income ETF
FPE
$6.35B
| $26.3M | 0.01% |
1,644,765
-299,103
| -15% | -$4.75M |
|
802
Allegion
ALLE
$14.1B
| $26.2M | 0.01% |
218,533
+40,198
| +23% | +$4.39M |
|
803
First Trust Limited Duration Investment Grade Corporate ETF
FSIG
$1.52B
| $26.2M | 0.01% |
1,407,046
+75,684
| +6% | +$1.42M |
|
804
HubSpot
HUBS
$10.7B
| $26.2M | 0.01% |
49,218
-418
| -0.8% | -$196K |
|
|
ABXB
805
Abacus Flexible Bond Leaders ETF
ABXB
$1.92M
| $26.2M | 0.01% |
1,266,017
-77,587
| -6% | -$1.61M |
|
806
Invesco S&P 500 Pure Value ETF
RPV
$1.72B
| $26.1M | 0.01% |
337,188
-4,360
| -1% | -$326K |
|
807
Banco Bilbao Vizcaya Argentaria
BBVA
$157B
| $26.1M | 0.01% |
3,401,623
-3,972,091
| -54% | -$28.4M |
|
808
Houlihan Lokey
HLI
$8.54B
| $26.1M | 0.01% |
265,594
+11,949
| +5% | +$1.08M |
|
809
State Street SPDR S&P 400 Mid Cap Value ETF
MDYV
$2.86B
| $25.9M | 0.01% |
377,087
+86,423
| +30% | +$5.65M |
|
810
Littelfuse
LFUS
$11.6B
| $25.9M | 0.01% |
88,761
-221,343
| -71% | -$58M |
|
811
JPMorgan BetaBuilders Canada ETF
BBCA
$11.3B
| $25.8M | 0.01% |
421,454
+3,184
| +0.8% | +$193K |
|
812
Carlisle Companies
CSL
$15.2B
| $25.8M | 0.01% |
100,387
-21,036
| -17% | -$4.66M |
|
813
Global X US Preferred ETF
PFFD
$2.16B
| $25.7M | 0.01% |
1,326,158
+185,820
| +16% | +$3.6M |
|
814
State Street Multi-Asset Real Return ETF
RLY
$1.31B
| $25.5M | 0.01% |
956,719
+57,309
| +6% | +$1.56M |
|
815
Live Nation Entertainment
LYV
$42.8B
| $25.3M | 0.01% |
277,755
+53,512
| +24% | +$4.18M |
|
816
iShares iBonds Dec 2028 Term Corporate ETF
IBDT
$4.06B
| $25.3M | 0.01% |
1,032,529
+952,753
| +1,194% | +$23.6M |
|
817
Alibaba
BABA
$316B
| $25.2M | 0.01% |
302,893
-1,869,658
| -86% | -$164M |
|
818
abrdn Physical Gold Shares ETF
SGOL
$7.43B
| $25.2M | 0.01% |
1,372,070
+1,027,175
| +298% | +$19.4M |
|
819
Avantis International Small Cap Value ETF
AVDV
$19.7B
| $25.1M | 0.01% |
435,928
+286,617
| +192% | +$16.8M |
|
820
BorgWarner
BWA
$14.2B
| $24.9M | 0.01% |
578,777
-2,779,316
| -83% | -$114M |
|
821
SPDR Gold MiniShares Trust
GLDM
$29.8B
| $24.8M | 0.01% |
651,327
-15,517
| -2% | -$609K |
|
822
Halliburton
HAL
$27.9B
| $24.8M | 0.01% |
751,719
+258,458
| +52% | +$8.17M |
|
823
Mid-America Apartment Communities
MAA
$15.3B
| $24.7M | 0.01% |
162,640
+7,261
| +5% | +$1.09M |
|
824
Fidelity National Financial
FNF
$13.1B
| $24.7M | 0.01% |
685,770
+85,308
| +14% | +$2.98M |
|
825
Dimensional International Small Cap ETF
DFIS
$5.85B
| $24.6M | 0.01% |
1,077,983
+99,476
| +10% | +$2.29M |
|
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.