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 S&P 500 ETF
IVV
|
+$3.32B |
| 2 |
Invesco NASDAQ 100 ETF
QQQM
|
+$1.35B |
| 3 |
iShares S&P 500 Growth ETF
IVW
|
+$1.35B |
| 4 |
iShares MSCI EAFE Growth ETF
EFG
|
+$991M |
| 5 |
iShares Core S&P Small-Cap ETF
IJR
|
+$909M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI EAFE Value ETF
EFV
|
+$632M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$579M |
| 3 |
iShares Global Energy ETF
IXC
|
+$304M |
| 4 |
iShares Currency Hedged MSCI EAFE ETF
HEFA
|
+$246M |
| 5 |
State Street SPDR S&P 400 Mid Cap Growth ETF
MDYG
|
+$243M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 9.34% |
| 2 | Financials | 5.11% |
| 3 | Healthcare | 4.83% |
| 4 | Industrials | 3.81% |
| 5 | Consumer Discretionary | 3.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1026
VanEck Gold Miners ETF
GDX
$27.6B
| $24.1M | 0.01% |
709,702
-31,304
| -4% | -$1.07M |
|
1027
Qualys
QLYS
$6.43B
| $24M | 0.01% |
168,400
+52,495
| +45% | +$7.99M |
|
1028
IDEX
IEX
$17.2B
| $24M | 0.01% |
119,261
-15,880
| -12% | -$3.47M |
|
|
MZTI
1029
The Marzetti Company
MZTI
$3.13B
| $23.9M | 0.01% |
126,344
+7,642
| +6% | +$1.46M |
|
1030
Comfort Systems
FIX
$58.9B
| $23.8M | 0.01% |
78,110
-24,546
| -24% | -$7.8M |
|
1031
Rentokil
RTO
$12.2B
| $23.7M | 0.01% |
799,364
+101,090
| +14% | +$2.8M |
|
1032
iShares ESG Optimized MSCI USA ETF
SUSA
$4.17B
| $23.7M | 0.01% |
210,801
-6,303
| -3% | -$683K |
|
1033
State Street SPDR Bloomberg Short Term International Treasury Bond ETF
BWZ
$288M
| $23.7M | 0.01% |
922,579
-333,038
| -27% | -$8.65M |
|
|
ABOT
1034
Abacus FCF Innovation Leaders ETF
ABOT
$4.34M
| $23.6M | 0.01% |
746,508
-33,097
| -4% | -$995K |
|
1035
Five Below
FIVE
$13B
| $23.5M | 0.01% |
216,102
-11,073
| -5% | -$1.53M |
|
|
AXON
1036
Axon Enterprise
AXON
$48.4B
| $23.5M | 0.01% |
79,908
+8,575
| +12% | +$2.56M |
|
1037
iShares USD Green Bond ETF
BGRN
$501M
| $23.5M | 0.01% |
504,187
+69,552
| +16% | +$3.23M |
|
1038
Brookfield Infrastructure
BIPC
$4.71B
| $23.4M | 0.01% |
696,022
-96,745
| -12% | -$3.22M |
|
1039
Chord Energy
CHRD
$7.8B
| $23.4M | 0.01% |
139,711
+16,877
| +14% | +$3M |
|
1040
HCM Defender 500 Index ETF
LGH
$601M
| $23.4M | 0.01% |
473,349
+40,479
| +9% | +$1.89M |
|
1041
Lloyds Banking Group
LYG
$89B
| $23.4M | 0.01% |
8,577,101
+2,841,956
| +50% | +$7.62M |
|
1042
FlexShares Morningstar US Market Factors Tilt Index Fund
TILT
$2.25B
| $23.4M | 0.01% |
117,130
+13,415
| +13% | +$2.62M |
|
1043
iShares Select U.S. REIT ETF
ICF
$2.08B
| $23.4M | 0.01% |
408,002
+9,626
| +2% | +$534K |
|
1044
Vail Resorts
MTN
$5.21B
| $23.3M | 0.01% |
129,550
+2,730
| +2% | +$543K |
|
1045
First Trust Dorsey Wright Focus 5 ETF
FV
$3.78B
| $23.3M | 0.01% |
406,934
+1,070
| +0.3% | +$59.7K |
|
1046
Ollie's Bargain Outlet
OLLI
$4.8B
| $23.3M | 0.01% |
237,267
+13,460
| +6% | +$1.07M |
|
1047
Avantor
AVTR
$9.29B
| $23.3M | 0.01% |
1,097,671
+18,672
| +2% | +$450K |
|
1048
Invesco Variable Rate Preferred ETF
VRP
$3.01B
| $23.2M | 0.01% |
969,444
+152,981
| +19% | +$3.64M |
|
1049
Global X US Preferred ETF
PFFD
$2.16B
| $23.2M | 0.01% |
1,180,014
+128,462
| +12% | +$2.52M |
|
1050
Capital Group Core Bond ETF
CGCB
$5.76B
| $23.2M | 0.01% |
897,994
+727,447
| +427% | +$18.7M |
|
Similar funds
Envestnet Asset Management's Q2 2024 Portfolio in Review
As of Q2 2024, Envestnet Asset Management held 4,343 positions worth $287B, up 7.2% from $268B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Envestnet Asset Management deployed $16.4B of net new capital in Q2 2024, opening 173 new positions and adding to 2,304 existing holdings. Its largest new stake was BlackRock ETF Trust II iShares AAA CLO Active ETF: 822,748 shares worth $42.7M.
By sector, the portfolio is most concentrated in Technology at 9.3% of assets, up from 9.1% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was iShares MSCI EAFE Value ETF, an estimated $632M trimmed.
- Envestnet Asset Management's largest Q2 2024 buy was BlackRock ETF Trust II iShares AAA CLO Active ETF: 822,748 shares worth $42.7M.
- Envestnet Asset Management added most to iShares Core S&P 500 ETF in Q2 2024, an estimated $3.32B increase.
- Envestnet Asset Management's biggest Q2 2024 reduction was iShares MSCI EAFE Value ETF, cutting an estimated $632M.
- Envestnet Asset Management fully exited Pioneer Natural Resource Co. in Q2 2024, selling an estimated $35.1M.
- Envestnet Asset Management's ten largest holdings make up 22% of its $287B portfolio in Q2 2024.
- Envestnet Asset Management opened 173 new positions and closed 185 in Q2 2024.
- Envestnet Asset Management's portfolio value rose 7.2% quarter-over-quarter to $287B.
Based on Envestnet Asset Management's 13F filing for Q2 2024, filed 8 Aug 2024.