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 | |
|---|---|---|---|---|---|---|
1101
Fidelity MSCI Consumer Discretionary Index ETF
FDIS
$1.73B
| $14.2M | 0.01% |
193,847
+165,517
| +584% | +$11M |
|
1102
Eagle Materials
EXP
$6.47B
| $14.2M | 0.01% |
75,965
+5,505
| +8% | +$877K |
|
1103
First Trust Senior Loan Fund ETF
FTSL
$2.33B
| $14.1M | 0.01% |
312,241
+1,377
| +0.4% | +$62.2K |
|
1104
First Trust Water ETF
FIW
$1.94B
| $14.1M | 0.01% |
159,156
+9,022
| +6% | +$757K |
|
1105
BWX Technologies
BWXT
$15.5B
| $14.1M | 0.01% |
196,690
+9,112
| +5% | +$595K |
|
1106
iShares US Home Construction ETF
ITB
$2.35B
| $14M | 0.01% |
163,402
+13,753
| +9% | +$1.05M |
|
1107
Performance Food Group
PFGC
$17.9B
| $13.9M | 0.01% |
231,493
+69,338
| +43% | +$4.08M |
|
1108
Invesco S&P MidCap Momentum ETF
XMMO
$7.52B
| $13.9M | 0.01% |
175,330
+36,010
| +26% | +$2.71M |
|
1109
VeriSign
VRSN
$26.5B
| $13.9M | 0.01% |
61,687
+15,284
| +33% | +$3.37M |
|
1110
IQ ARB Merger Arbitrage ETF
MNA
$253M
| $13.9M | 0.01% |
446,126
-63,670
| -12% | -$2M |
|
1111
T. Rowe Price
TROW
$24.3B
| $13.9M | 0.01% |
124,087
+13,053
| +12% | +$1.43M |
|
1112
GATX Corp
GATX
$6.23B
| $13.9M | 0.01% |
107,742
+4,603
| +4% | +$539K |
|
|
MZTI
1113
The Marzetti Company
MZTI
$3.13B
| $13.8M | 0.01% |
68,783
+2,916
| +4% | +$591K |
|
1114
Power Integrations
POWI
$3.46B
| $13.8M | 0.01% |
145,929
-28,831
| -16% | -$2.41M |
|
1115
Fidelity MSCI Materials Index ETF
FMAT
$621M
| $13.8M | 0.01% |
295,760
+14,430
| +5% | +$645K |
|
1116
FlexShares iBoxx 3-Year Target Duration TIPS Index Fund
TDTT
$2.53B
| $13.7M | 0.01% |
583,143
-693
| -0.1% | -$16.5K |
|
1117
Commercial Metals
CMC
$8.1B
| $13.7M | 0.01% |
259,993
-607,253
| -70% | -$28.3M |
|
1118
iShares USD Green Bond ETF
BGRN
$501M
| $13.6M | 0.01% |
293,207
+164,265
| +127% | +$7.69M |
|
1119
JPMorgan Ultra-Short Municipal Income ETF
JMST
$7.14B
| $13.6M | 0.01% |
269,087
+46,289
| +21% | +$2.34M |
|
|
HES
1120
DELISTED
Hess
HES
| $13.6M | 0.01% |
100,171
+570
| +0.6% | +$78K |
|
1121
Insulet
PODD
$9.91B
| $13.6M | 0.01% |
47,152
+1,531
| +3% | +$465K |
|
1122
Seagate
STX
$182B
| $13.6M | 0.01% |
219,630
-133,180
| -38% | -$8.13M |
|
1123
WisdomTree Trust WisdomTree Interest Rate Hedged High Yield Bond Fund
HYZD
$260M
| $13.6M | 0.01% |
645,328
-105,757
| -14% | -$2.18M |
|
|
ACTV
1124
DELISTED
LeaderShares Activist Leaders ETF
ACTV
| $13.5M | 0.01% |
428,007
+23,153
| +6% | +$690K |
|
1125
Fox Class B
FOX
$23.6B
| $13.5M | 0.01% |
423,151
-2,431,708
| -85% | -$73.7M |
|
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.