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 MSCI EAFE Value ETF
EFV
|
+$1.59B |
| 2 |
iShares Core Universal USD Bond ETF
IUSB
|
+$1.29B |
| 3 |
iShares Core US Aggregate Bond ETF
AGG
|
+$479M |
| 4 |
iShares Russell Top 200 Value ETF
IWX
|
+$468M |
| 5 |
iShares MSCI Emerging Markets ex China ETF
EMXC
|
+$431M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$778M |
| 2 |
Blackrock
BLK
|
+$540M |
| 3 |
iShares Russell Top 200 Growth ETF
IWY
|
+$512M |
| 4 |
State Street SPDR Portfolio S&P 500 Growth ETF
SPYG
|
+$479M |
| 5 |
iShares Currency Hedged MSCI EAFE ETF
HEFA
|
+$459M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.72% |
| 2 | Financials | 5.05% |
| 3 | Healthcare | 4.76% |
| 4 | Industrials | 3.92% |
| 5 | Consumer Discretionary | 3.71% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
iShares Core Dividend Growth ETF
DGRO
$43.6B
| $719M | 0.23% |
11,463,441
+2,456,971
| +27% | +$148M |
|
77
Johnson & Johnson
JNJ
$625B
| $715M | 0.23% |
4,414,294
+130,947
| +3% | +$20.9M |
|
78
iShares MSCI EAFE ETF
EFA
$80.2B
| $715M | 0.23% |
8,550,980
-214,475
| -2% | -$17.3M |
|
79
Vanguard Long-Term Bond ETF
BLV
$5.74B
| $692M | 0.22% |
9,201,301
+77,117
| +0.8% | +$5.67M |
|
80
Philip Morris
PM
$295B
| $680M | 0.22% |
5,600,995
-154,080
| -3% | -$17.9M |
|
81
TSMC
TSM
$2.18T
| $672M | 0.22% |
3,867,403
+218,115
| +6% | +$37.2M |
|
82
Chevron
CVX
$366B
| $669M | 0.22% |
4,543,242
-744,771
| -14% | -$111M |
|
83
Vanguard FTSE All-World ex-US ETF
VEU
$70.2B
| $668M | 0.22% |
10,608,561
+154,193
| +1% | +$9.29M |
|
84
Oracle
ORCL
$423B
| $666M | 0.22% |
3,910,883
+319,053
| +9% | +$46.2M |
|
85
State Street SPDR Portfolio S&P 500 Value ETF
SPYV
$36.5B
| $665M | 0.21% |
12,573,373
+8,194,381
| +187% | +$417M |
|
86
Avantis US Small Cap Equity ETF
AVSC
$3.15B
| $646M | 0.21% |
11,962,624
+1,331,635
| +13% | +$70.3M |
|
87
Vanguard High Dividend Yield ETF
VYM
$83.5B
| $645M | 0.21% |
5,028,112
+27,470
| +0.5% | +$3.39M |
|
88
iShares Short-Term National Muni Bond ETF
SUB
$11.4B
| $635M | 0.2% |
5,976,259
-211,989
| -3% | -$22.4M |
|
89
Dimensional International High Profitability ETF
DIHP
$6.59B
| $621M | 0.2% |
22,436,808
+4,911,481
| +28% | +$132M |
|
90
Intuit
INTU
$89B
| $603M | 0.19% |
971,449
-7,214
| -0.7% | -$4.6M |
|
91
ServiceNow
NOW
$129B
| $580M | 0.19% |
3,244,410
-73,725
| -2% | -$12.1M |
|
92
Vanguard Short-Term Corporate Bond ETF
VCSH
$45B
| $577M | 0.19% |
7,267,494
-1,171,829
| -14% | -$92M |
|
93
iShares MSCI Japan ETF
EWJ
$22.8B
| $569M | 0.18% |
7,957,981
+1,265,961
| +19% | +$88.1M |
|
94
Berkshire Hathaway Class B
BRK.B
$1.13T
| $564M | 0.18% |
1,225,426
-16,146
| -1% | -$7.14M |
|
95
Thermo Fisher Scientific
TMO
$220B
| $563M | 0.18% |
909,697
+11,181
| +1% | +$6.62M |
|
96
Vanguard Extended Market ETF
VXF
$31.9B
| $561M | 0.18% |
3,081,438
+34,633
| +1% | +$6.05M |
|
97
S&P Global
SPGI
$120B
| $559M | 0.18% |
1,081,325
+9,422
| +0.9% | +$4.66M |
|
98
ExxonMobil
XOM
$634B
| $555M | 0.18% |
4,731,608
+142,791
| +3% | +$16.5M |
|
99
Procter & Gamble
PG
$339B
| $540M | 0.17% |
3,119,282
-133,187
| -4% | -$22.6M |
|
100
Schwab US Dividend Equity ETF
SCHD
$106B
| $538M | 0.17% |
19,085,736
+936,222
| +5% | +$25.5M |
|
Similar funds
Envestnet Asset Management's Q3 2024 Portfolio in Review
As of Q3 2024, Envestnet Asset Management held 4,362 positions worth $310B, up 7.9% from $287B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Envestnet Asset Management's Q3 2024 filing shows 204 new, 2,389 increased, 1,590 reduced and 146 closed positions. Its largest new stake was Rockefeller Opportunistic Municipal Bond ETF: 954,013 shares worth $24.7M. The largest sale was iShares Core S&P 500 ETF, an estimated $778M.
By sector, the portfolio is most concentrated in Technology at 8.7% of assets, down from 9.3% a quarter earlier, followed by Financials and Healthcare.
- Envestnet Asset Management's largest Q3 2024 buy was Rockefeller Opportunistic Municipal Bond ETF: 954,013 shares worth $24.7M.
- Envestnet Asset Management added most to iShares MSCI EAFE Value ETF in Q3 2024, an estimated $1.59B increase.
- Envestnet Asset Management's biggest Q3 2024 reduction was iShares Core S&P 500 ETF, cutting an estimated $778M.
- Envestnet Asset Management fully exited Blackrock in Q3 2024, selling an estimated $540M.
- Envestnet Asset Management's ten largest holdings make up 21% of its $310B portfolio in Q3 2024.
- Envestnet Asset Management opened 204 new positions and closed 146 in Q3 2024.
- Envestnet Asset Management's portfolio value rose 7.9% quarter-over-quarter to $310B.
Based on Envestnet Asset Management's 13F filing for Q3 2024, filed 7 Nov 2024.