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 | |
|---|---|---|---|---|---|---|
|
BKI
976
DELISTED
Black Knight, Inc. Common Stock
BKI
| $18.1M | 0.01% |
303,543
-55,881
| -16% | -$3.14M |
|
977
Baxter International
BAX
$14.4B
| $18.1M | 0.01% |
397,933
+19,579
| +5% | +$853K |
|
978
First Trust NASDAQ Cybersecurity ETF
CIBR
$15.8B
| $18.1M | 0.01% |
397,702
-12,444
| -3% | -$527K |
|
979
Vanguard S&P Small-Cap 600 Value ETF
VIOV
$1.89B
| $18M | 0.01% |
219,692
-24,604
| -10% | -$1.94M |
|
980
Coca-Cola Femsa
KOF
$22.9B
| $18M | 0.01% |
215,906
-715,535
| -77% | -$61.3M |
|
981
Planet Fitness
PLNT
$3.7B
| $18M | 0.01% |
266,713
-1,426
| -0.5% | -$102K |
|
982
Steel Dynamics
STLD
$38.5B
| $17.9M | 0.01% |
164,718
-1,182,478
| -88% | -$120M |
|
983
iShares ESG Aware 1-5 Year USD Corporate Bond ETF
SUSB
$1.3B
| $17.9M | 0.01% |
748,335
-153,439
| -17% | -$3.69M |
|
984
Murphy USA
MUSA
$10.2B
| $17.8M | 0.01% |
57,291
-218,850
| -79% | -$61.3M |
|
|
PWRD
985
TCW Transform Systems ETF
PWRD
$1.51B
| $17.8M | 0.01% |
340,321
+14,747
| +5% | +$732K |
|
986
Capital Group Global Growth Equity ETF
CGGO
$11.9B
| $17.7M | 0.01% |
729,998
+86,724
| +13% | +$2.04M |
|
987
Nuveen ESG International Developed Markets Equity ETF
NUDM
$724M
| $17.7M | 0.01% |
612,263
+2,348
| +0.4% | +$67.5K |
|
988
Vale
VALE
$63.4B
| $17.7M | 0.01% |
1,318,270
-1,485,260
| -53% | -$21M |
|
989
Diodes
DIOD
$4.65B
| $17.7M | 0.01% |
191,075
-474,057
| -71% | -$41.8M |
|
990
Choice Hotels
CHH
$4.62B
| $17.6M | 0.01% |
150,079
+112,447
| +299% | +$13.5M |
|
991
Boston Properties
BXP
$10.8B
| $17.6M | 0.01% |
305,267
-40,399
| -12% | -$2.1M |
|
|
GSWO
992
Goldman Sachs ActiveBeta World Equity ETF
GSWO
$1.8B
| $17.6M | 0.01% |
424,287
+20,322
| +5% | +$822K |
|
993
SolarEdge
SEDG
$1.98B
| $17.5M | 0.01% |
65,098
+19,869
| +44% | +$5.7M |
|
994
WisdomTree US MidCap Dividend Fund
DON
$4.08B
| $17.5M | 0.01% |
415,772
-97,809
| -19% | -$3.97M |
|
995
Church & Dwight Co
CHD
$24.5B
| $17.5M | 0.01% |
174,421
+10,551
| +6% | +$993K |
|
996
iShares JPMorgan EM High Yield Bond ETF
EMHY
$636M
| $17.4M | 0.01% |
496,258
-14,397
| -3% | -$497K |
|
|
QCON
997
DELISTED
American Century Quality Convertible Securities ETF
QCON
| $17.4M | 0.01% |
422,013
+12,745
| +3% | +$511K |
|
998
VanEck Short High Yield Muni ETF
SHYD
$455M
| $17.4M | 0.01% |
778,321
+55,451
| +8% | +$1.23M |
|
999
Invesco S&P 500 High Dividend Low Volatility ETF
SPHD
$3.39B
| $17.3M | 0.01% |
418,628
-125,301
| -23% | -$5.15M |
|
|
AZPN
1000
DELISTED
Aspen Technology Inc
AZPN
| $17.3M | 0.01% |
102,921
-205,934
| -67% | -$38.2M |
|
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.