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 |
BlackRock US Equity Factor Rotation ETF
DYNF
|
+$2.39B |
| 2 |
iShares Core Universal USD Bond ETF
IUSB
|
+$1.55B |
| 3 |
iShares S&P 500 Value ETF
IVE
|
+$1.36B |
| 4 |
iShares S&P 500 Growth ETF
IVW
|
+$948M |
| 5 |
iShares Currency Hedged MSCI EAFE ETF
HEFA
|
+$706M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$2.01B |
| 2 |
iShares Treasury Floating Rate Bond ETF
TFLO
|
+$1.3B |
| 3 |
iShares ESG Aware MSCI USA ETF
ESGU
|
+$883M |
| 4 |
iShares S&P 100 ETF
OEF
|
+$788M |
| 5 |
iShares MSCI USA Min Vol Factor ETF
USMV
|
+$734M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 9.07% |
| 2 | Financials | 5.49% |
| 3 | Healthcare | 5.18% |
| 4 | Industrials | 4.16% |
| 5 | Consumer Discretionary | 3.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
951
JB Hunt Transport Services
JBHT
$24.7B
| $26.4M | 0.01% |
132,510
-3,292
| -2% | -$664K |
|
952
iShares MSCI ACWI ex US ETF
ACWX
$11.9B
| $26.4M | 0.01% |
493,983
+2,043
| +0.4% | +$105K |
|
953
Teva Pharmaceuticals
TEVA
$42.4B
| $26.4M | 0.01% |
1,869,067
+1,797,750
| +2,521% | +$22.7M |
|
|
CYBR
954
DELISTED
CyberArk
CYBR
| $26.4M | 0.01% |
99,238
+241
| +0.2% | +$59.7K |
|
955
FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund
TLTD
$686M
| $26.4M | 0.01% |
367,797
+50,370
| +16% | +$3.45M |
|
956
Ingredion
INGR
$6.59B
| $26.3M | 0.01% |
225,265
+13,208
| +6% | +$1.49M |
|
957
Construction Partners
ROAD
$6.61B
| $26.3M | 0.01% |
467,980
+953
| +0.2% | +$45.1K |
|
958
Avantis Core Fixed Income ETF
AVIG
$1.96B
| $26.2M | 0.01% |
635,916
+86,698
| +16% | +$3.57M |
|
959
FlexShares High Yield Value-Scored Bond Index Fund
HYGV
$1.1B
| $26.2M | 0.01% |
637,831
+7,175
| +1% | +$293K |
|
960
BWX Technologies
BWXT
$15.6B
| $26.2M | 0.01% |
255,082
-20,099
| -7% | -$1.8M |
|
961
Vanguard S&P Mid-Cap 400 ETF
IVOO
$3.93B
| $26.2M | 0.01% |
253,930
+751
| +0.3% | +$72K |
|
962
Gaming and Leisure Properties
GLPI
$12.5B
| $26.1M | 0.01% |
566,639
-8,595
| -1% | -$395K |
|
963
State Street SPDR MSCI ACWI ex-US ETF
CWI
$2.85B
| $26.1M | 0.01% |
919,168
+556,067
| +153% | +$15.2M |
|
964
Zurn Elkay Water Solutions
ZWS
$8.6B
| $26.1M | 0.01% |
778,401
+29,593
| +4% | +$911K |
|
965
US Physical Therapy
USPH
$1.23B
| $26M | 0.01% |
230,548
+53,258
| +30% | +$5.32M |
|
966
Constellation Energy
CEG
$99.1B
| $25.9M | 0.01% |
139,976
+13,797
| +11% | +$1.96M |
|
967
American Century Select High Yield ETF
AHYB
$61.9M
| $25.8M | 0.01% |
566,398
+53,010
| +10% | +$2.4M |
|
968
Eagle Materials
EXP
$6.46B
| $25.8M | 0.01% |
94,933
+1,290
| +1% | +$305K |
|
969
Invesco S&P Emerging Markets Low Volatility ETF
EELV
$424M
| $25.8M | 0.01% |
1,078,504
-119
| -0% | -$2.83K |
|
970
iShares Global Healthcare ETF
IXJ
$4.24B
| $25.8M | 0.01% |
276,584
-8,790
| -3% | -$795K |
|
971
Ingersoll Rand
IR
$32.9B
| $25.7M | 0.01% |
270,379
+27,537
| +11% | +$2.36M |
|
972
Vertiv
VRT
$107B
| $25.6M | 0.01% |
313,726
-89,091
| -22% | -$5.6M |
|
973
Ball Corp
BALL
$16.7B
| $25.6M | 0.01% |
380,249
+33,632
| +10% | +$2.04M |
|
974
First Trust Health Care AlphaDEX Fund
FXH
$1.11B
| $25.6M | 0.01% |
233,663
-13,101
| -5% | -$1.38M |
|
975
White Mountains Insurance
WTM
$5.02B
| $25.6M | 0.01% |
14,256
+581
| +4% | +$974K |
|
Similar funds
Envestnet Asset Management's Q1 2024 Portfolio in Review
As of Q1 2024, Envestnet Asset Management held 4,339 positions worth $268B, up 11% from $242B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Envestnet Asset Management deployed $9.25B of net new capital in Q1 2024, opening 297 new positions and adding to 2,310 existing holdings. Its largest new stake was BlackRock US Equity Factor Rotation ETF: 57,065,385 shares worth $2.53B.
By sector, the portfolio is most concentrated in Technology at 9.1% of assets, up from 8.7% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was iShares Core S&P 500 ETF, an estimated $2.01B trimmed.
- Envestnet Asset Management's largest Q1 2024 buy was BlackRock US Equity Factor Rotation ETF: 57,065,385 shares worth $2.53B.
- Envestnet Asset Management added most to iShares Core Universal USD Bond ETF in Q1 2024, an estimated $1.55B increase.
- Envestnet Asset Management's biggest Q1 2024 reduction was iShares Core S&P 500 ETF, cutting an estimated $2.01B.
- Envestnet Asset Management fully exited Splunk Inc in Q1 2024, selling an estimated $21.8M.
- Envestnet Asset Management's ten largest holdings make up 20% of its $268B portfolio in Q1 2024.
- Envestnet Asset Management opened 297 new positions and closed 169 in Q1 2024.
- Envestnet Asset Management's portfolio value rose 11% quarter-over-quarter to $268B.
Based on Envestnet Asset Management's 13F filing for Q1 2024, filed 13 May 2024.