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 | |
|---|---|---|---|---|---|---|
1026
FT Vest US Equity Enhance & Moderate Buffer ETF December
XDEC
$204M
| $16.5M | 0.01% |
505,003
+762
| +0.2% | +$24.2K |
|
1027
Brookfield Infrastructure
BIPC
$4.71B
| $16.5M | 0.01% |
361,081
+6,161
| +2% | +$280K |
|
1028
GraniteShares Gold Shares
BAR
$1.48B
| $16.4M | 0.01% |
864,573
+12,935
| +2% | +$253K |
|
1029
FlexShares Morningstar US Market Factors Tilt Index Fund
TILT
$2.25B
| $16.3M | 0.01% |
96,942
-1,280
| -1% | -$204K |
|
1030
State Street SPDR Portfolio High Yield Bond ETF
SPHY
$12B
| $16.3M | 0.01% |
713,243
+415,221
| +139% | +$9.42M |
|
1031
Capital Group International Focus Equity ETF
CGXU
$6.53B
| $16.3M | 0.01% |
692,500
+202,531
| +41% | +$4.72M |
|
1032
Crown Holdings
CCK
$13.1B
| $16.3M | 0.01% |
187,154
+129,926
| +227% | +$10.7M |
|
1033
Medpace
MEDP
$16.8B
| $16.2M | 0.01% |
67,625
-335,492
| -83% | -$69.7M |
|
1034
Pentair
PNR
$10.7B
| $16.2M | 0.01% |
250,676
+36,156
| +17% | +$2.08M |
|
1035
Advanced Energy
AEIS
$12.6B
| $16.1M | 0.01% |
144,675
-450,200
| -76% | -$42.9M |
|
1036
Warner Bros
WBD
$67.4B
| $16M | 0.01% |
1,275,330
+308,794
| +32% | +$4.01M |
|
1037
Hartford Total Return Bond ETF
HTRB
$2.22B
| $16M | 0.01% |
477,895
+42,987
| +10% | +$1.45M |
|
1038
PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF
MFEM
$149M
| $15.9M | 0.01% |
852,719
+62,067
| +8% | +$1.14M |
|
1039
American Century Select High Yield ETF
AHYB
$61.8M
| $15.8M | 0.01% |
358,638
-3,401
| -0.9% | -$149K |
|
1040
Liberty Media Series C
FWONK
$25.8B
| $15.8M | 0.01% |
216,500
+2,891
| +1% | +$206K |
|
|
SF
1041
Stifel
SF
$12.7B
| $15.7M | 0.01% |
395,508
+3,643
| +0.9% | +$142K |
|
1042
iShares MSCI Japan ETF
EWJ
$22.6B
| $15.7M | 0.01% |
254,088
-95,065
| -27% | -$5.73M |
|
1043
Prudential
PUK
$35.1B
| $15.7M | 0.01% |
554,589
-4,803
| -0.9% | -$138K |
|
1044
iShares MSCI Germany ETF
EWG
$1.67B
| $15.7M | 0.01% |
549,735
-155,204
| -22% | -$4.46M |
|
1045
Cincinnati Financial
CINF
$26.7B
| $15.7M | 0.01% |
161,283
-6,213
| -4% | -$642K |
|
1046
iShares MSCI All Country Asia ex Japan ETF
AAXJ
$3.74B
| $15.7M | 0.01% |
235,803
-4,897
| -2% | -$327K |
|
1047
FT Vest Buffered Allocation Growth ETF
BUFG
$334M
| $15.6M | 0.01% |
774,684
-81,545
| -10% | -$1.58M |
|
1048
Devon Energy
DVN
$49.9B
| $15.6M | 0.01% |
322,133
-20,282
| -6% | -$1.02M |
|
1049
First Trust NASDAQ-100 Technology Index Fund
QTEC
$4.75B
| $15.5M | 0.01% |
105,634
+3,655
| +4% | +$485K |
|
1050
Cheniere Energy
LNG
$54.9B
| $15.5M | 0.01% |
101,982
+1,391
| +1% | +$206K |
|
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.