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 | |
|---|---|---|---|---|---|---|
1001
Crocs
CROX
$6.63B
| $17.2M | 0.01% |
153,306
-7,590
| -5% | -$905K |
|
1002
MongoDB
MDB
$33.5B
| $17.2M | 0.01% |
41,792
+19,019
| +84% | +$5.55M |
|
1003
Vanguard Emerging Markets Government Bond ETF
VWOB
$6.22B
| $17.2M | 0.01% |
275,807
+50,579
| +22% | +$3.11M |
|
1004
Vanguard ESG US Stock ETF
ESGV
$13.6B
| $17.2M | 0.01% |
219,172
-3,305
| -1% | -$243K |
|
1005
Corpay
CPAY
$26.2B
| $17.2M | 0.01% |
68,361
-43,599
| -39% | -$9.94M |
|
1006
State Street SPDR Dow Jones Global Real Estate ETF
RWO
$1.29B
| $17.1M | 0.01% |
417,317
+27,934
| +7% | +$1.14M |
|
1007
Coherent
COHR
$63.6B
| $17.1M | 0.01% |
334,746
-53,772
| -14% | -$2M |
|
1008
WisdomTree Yield Enhanced US Aggregate Bond Fund
AGGY
$922M
| $17M | 0.01% |
394,837
+50,929
| +15% | +$2.21M |
|
1009
iShares Russell 2500 ETF
SMMD
$3.73B
| $17M | 0.01% |
295,183
-74,555
| -20% | -$4.07M |
|
1010
Sensata Technologies
ST
$6.66B
| $17M | 0.01% |
376,993
+41,011
| +12% | +$1.8M |
|
1011
iShares Expanded Tech-Software Sector ETF
IGV
$15.1B
| $16.9M | 0.01% |
244,975
-185
| -0.1% | -$11.6K |
|
1012
Schwab Fundamental Emerging Markets Large Company Index ETF
FNDE
$10.1B
| $16.9M | 0.01% |
631,658
-38,884
| -6% | -$1.03M |
|
1013
Innovator US Equity Power Buffer ETF August
PAUG
$935M
| $16.9M | 0.01% |
541,386
+479,800
| +779% | +$14.4M |
|
1014
ASE Group
ASX
$82.7B
| $16.9M | 0.01% |
2,165,143
-841,655
| -28% | -$6.47M |
|
1015
nVent Electric
NVT
$26.3B
| $16.8M | 0.01% |
325,503
+13,177
| +4% | +$585K |
|
|
GENY
1016
DELISTED
Principal Exchange-Traded Funds Principal Millennial Global Growth ETF
GENY
| $16.8M | 0.01% |
392,119
+71,137
| +22% | +$2.95M |
|
1017
Tyson Foods
TSN
$20.1B
| $16.7M | 0.01% |
328,108
-295,675
| -47% | -$16.1M |
|
1018
Sumitomo Mitsui Financial
SMFG
$161B
| $16.7M | 0.01% |
1,944,779
-232,278
| -11% | -$1.92M |
|
1019
LeaderShares Dynamic Yield ETF
DYLD
$40.1M
| $16.7M | 0.01% |
745,590
-8,970
| -1% | -$201K |
|
1020
PG&E
PCG
$37.5B
| $16.7M | 0.01% |
964,489
-1,358,626
| -58% | -$23M |
|
1021
Invesco Aerospace & Defense ETF
PPA
$8.72B
| $16.6M | 0.01% |
196,990
-87,691
| -31% | -$7.08M |
|
|
BSJO
1022
DELISTED
Invesco BulletShares 2024 High Yield Corporate Bond ETF
BSJO
| $16.6M | 0.01% |
739,954
-13,998
| -2% | -$313K |
|
1023
MarketAxess Holdings
MKTX
$5.72B
| $16.6M | 0.01% |
63,595
+3,711
| +6% | +$1.11M |
|
1024
Ingersoll Rand
IR
$33.6B
| $16.5M | 0.01% |
252,966
-20,428
| -7% | -$1.21M |
|
1025
Camden Property Trust
CPT
$11B
| $16.5M | 0.01% |
151,591
+4,304
| +3% | +$464K |
|
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.