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 |
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
|
+$869M |
| 2 |
iShares S&P 100 ETF
OEF
|
+$803M |
| 3 |
iShares Core S&P 500 ETF
IVV
|
+$501M |
| 4 |
iShares MSCI Emerging Markets ex China ETF
EMXC
|
+$428M |
| 5 |
State Street SPDR Portfolio S&P 500 Value ETF
SPYV
|
+$378M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI EAFE Growth ETF
EFG
|
+$650M |
| 2 |
iShares MSCI USA Min Vol Factor ETF
USMV
|
+$541M |
| 3 |
Invesco BuyBack Achievers ETF
PKW
|
+$441M |
| 4 |
iShares Core S&P Mid-Cap ETF
IJH
|
+$403M |
| 5 |
Vanguard Short-Term Bond ETF
BSV
|
+$391M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 64.54% |
| 2 | Technology | 8.67% |
| 3 | Financials | 5.2% |
| 4 | Healthcare | 4.99% |
| 5 | Industrials | 4.04% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
Intuit
INTU
$90.6B
| $584M | 0.24% |
933,582
+15,323
| +2% | +$8.45M |
|
77
Vanguard Morningstar Mid-Cap ETF
VO
$105B
| $576M | 0.24% |
9,908,112
+278,184
| +3% | +$14.9M |
|
78
Dimensional US High Profitability ETF
DUHP
$12.6B
| $566M | 0.23% |
19,800,335
+2,496,403
| +14% | +$66.8M |
|
79
Vanguard Extended Market ETF
VXF
$30.8B
| $561M | 0.23% |
3,411,105
+141,224
| +4% | +$20.8M |
|
80
Vanguard High Dividend Yield ETF
VYM
$82.1B
| $545M | 0.23% |
4,884,792
+186,821
| +4% | +$19.6M |
|
|
81
iShares MSCI Emerging Markets ex China ETF
EMXC
$24.9B
| $526M | 0.22% |
9,494,910
+8,305,070
| +698% | +$428M |
|
82
Blackrock
BLK
$165B
| $521M | 0.22% |
641,976
-71,795
| -10% | -$50.1M |
|
83
iShares MSCI EAFE ETF
EFA
$78.2B
| $515M | 0.21% |
6,837,291
-378,889
| -5% | -$26.8M |
|
84
ServiceNow
NOW
$147B
| $511M | 0.21% |
3,618,790
+68,200
| +2% | +$8.6M |
|
85
iShares 10-20 Year Treasury Bond ETF
TLH
$11B
| $510M | 0.21% |
4,707,962
+1,008,959
| +27% | +$101M |
|
86
Starbucks
SBUX
$113B
| $504M | 0.21% |
5,254,384
+574,763
| +12% | +$55.9M |
|
87
iShares S&P Small-Cap 600 Value ETF
IJS
$8.09B
| $502M | 0.21% |
4,868,593
+3,670,048
| +306% | +$334M |
|
88
iShares MSCI Intl Momentum Factor ETF
IMTM
$4.27B
| $501M | 0.21% |
14,604,950
+642,064
| +5% | +$20.9M |
|
89
Dimensional International Core Equity 2 ETF
DFIC
$15.3B
| $499M | 0.21% |
19,556,837
+2,659,216
| +16% | +$63.2M |
|
90
Union Pacific
UNP
$169B
| $495M | 0.2% |
2,016,909
+7,037
| +0.4% | +$1.55M |
|
91
Invesco S&P 500 Equal Weight ETF
RSP
$98.8B
| $490M | 0.2% |
3,106,581
-270,385
| -8% | -$39.3M |
|
92
PepsiCo
PEP
$186B
| $486M | 0.2% |
2,863,617
+237,669
| +9% | +$39.4M |
|
93
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$15.1B
| $471M | 0.19% |
6,085,780
+171,928
| +3% | +$12.8M |
|
|
SPYM
94
State Street SPDR Portfolio S&P 500 ETF
SPYM
$161B
| $470M | 0.19% |
8,405,094
+4,080,428
| +94% | +$214M |
|
95
Eli Lilly
LLY
$1.01T
| $465M | 0.19% |
797,850
-7,637
| -0.9% | -$4.46M |
|
96
Vanguard Morningstar Small-Cap Value ETF
VBR
$36.7B
| $464M | 0.19% |
2,578,788
-454,897
| -15% | -$74.3M |
|
97
iShares Core Dividend Growth ETF
DGRO
$43.1B
| $460M | 0.19% |
8,543,205
+85,304
| +1% | +$4.33M |
|
98
iShares 3-7 Year Treasury Bond ETF
IEI
$17.3B
| $455M | 0.19% |
3,888,648
-150,957
| -4% | -$17.2M |
|
99
Philip Morris
PM
$304B
| $455M | 0.19% |
4,839,620
-2,094
| -0% | -$193K |
|
100
Cisco
CSCO
$434B
| $454M | 0.19% |
8,985,183
-379,886
| -4% | -$19.4M |
|
Similar funds
Envestnet Asset Management's Q4 2023 Portfolio in Review
As of Q4 2023, Envestnet Asset Management held 4,243 positions worth $242B, up 11% from $219B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Envestnet Asset Management's Q4 2023 filing shows 241 new, 2,018 increased, 1,759 reduced and 201 closed positions. Its largest new stake was Fidelity Enhanced Large Cap Growth ETF: 4,233,938 shares worth $111M. The largest sale was iShares MSCI EAFE Growth ETF, an estimated $650M.
By sector, the portfolio is most concentrated in Miscellaneous at 65% of assets, down from 65% a quarter earlier, followed by Technology and Financials.
- Envestnet Asset Management's largest Q4 2023 buy was Fidelity Enhanced Large Cap Growth ETF: 4,233,938 shares worth $111M.
- Envestnet Asset Management added most to State Street SPDR Bloomberg 1-3 Month T-Bill ETF in Q4 2023, an estimated $869M increase.
- Envestnet Asset Management's biggest Q4 2023 reduction was iShares MSCI EAFE Growth ETF, cutting an estimated $650M.
- Envestnet Asset Management fully exited Invesco BulletShares 2023 High Yield Corporate Bond ETF in Q4 2023, selling an estimated $22M.
- Envestnet Asset Management's ten largest holdings make up 21% of its $242B portfolio in Q4 2023.
- Envestnet Asset Management opened 241 new positions and closed 201 in Q4 2023.
- Envestnet Asset Management's portfolio value rose 11% quarter-over-quarter to $242B.
Based on Envestnet Asset Management's 13F filing for Q4 2023, filed 13 Feb 2024.