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 |
BlackRock US Equity Factor Rotation ETF
DYNF
|
+$2.39B |
| 2 |
iShares Core Universal USD Bond ETF
IUSB
|
+$1.55B |
| 3 |
iShares S&P 500 Value ETF
IVE
|
+$1.36B |
| 4 |
iShares S&P 500 Growth ETF
IVW
|
+$948M |
| 5 |
iShares Currency Hedged MSCI EAFE ETF
HEFA
|
+$706M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$2.01B |
| 2 |
iShares Treasury Floating Rate Bond ETF
TFLO
|
+$1.3B |
| 3 |
iShares ESG Aware MSCI USA ETF
ESGU
|
+$883M |
| 4 |
iShares S&P 100 ETF
OEF
|
+$788M |
| 5 |
iShares MSCI USA Min Vol Factor ETF
USMV
|
+$734M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 9.07% |
| 2 | Financials | 5.49% |
| 3 | Healthcare | 5.18% |
| 4 | Industrials | 4.16% |
| 5 | Consumer Discretionary | 3.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1101
Service Corp International
SCI
$11.4B
| $20.3M | 0.01% |
273,796
+45,218
| +20% | +$3.19M |
|
1102
Oshkosh
OSK
$9.62B
| $20.3M | 0.01% |
162,718
+35,584
| +28% | +$3.96M |
|
1103
Sensata Technologies
ST
$6.73B
| $20.3M | 0.01% |
552,193
-29,235
| -5% | -$1.02M |
|
1104
WisdomTree US MidCap Dividend Fund
DON
$4.09B
| $20.3M | 0.01% |
415,424
-48,930
| -11% | -$2.24M |
|
1105
HCM Defender 500 Index ETF
LGH
$599M
| $20.1M | 0.01% |
432,870
+147,819
| +52% | +$6.43M |
|
1106
Franklin FTSE Japan ETF
FLJP
$4.06B
| $20.1M | 0.01% |
648,361
+21,127
| +3% | +$623K |
|
1107
State Street SPDR Dow Jones Global Real Estate ETF
RWO
$1.27B
| $20.1M | 0.01% |
469,151
-23,891
| -5% | -$1.01M |
|
1108
Graco
GGG
$13.5B
| $20M | 0.01% |
214,383
-5,241
| -2% | -$464K |
|
1109
Workiva
WK
$3.76B
| $20M | 0.01% |
235,354
+505
| +0.2% | +$45.5K |
|
1110
HCM Defender 100 Index ETF
QQH
$756M
| $20M | 0.01% |
363,450
+122,236
| +51% | +$6.42M |
|
1111
Insperity
NSP
$1.94B
| $19.9M | 0.01% |
181,755
-15,145
| -8% | -$1.61M |
|
1112
Dimensional Global Core Plus Fixed Income ETF
DFGP
$3.46B
| $19.9M | 0.01% |
372,585
+168,881
| +83% | +$8.95M |
|
1113
HSBC
HSBC
$355B
| $19.9M | 0.01% |
505,137
-142,053
| -22% | -$5.55M |
|
1114
NiSource
NI
$20.1B
| $19.9M | 0.01% |
718,189
+102,540
| +17% | +$2.7M |
|
1115
Repligen
RGEN
$9.3B
| $19.9M | 0.01% |
108,000
+4,079
| +4% | +$777K |
|
1116
Vanguard FTSE Europe ETF
VGK
$31B
| $19.8M | 0.01% |
294,382
+4,608
| +2% | +$298K |
|
1117
Kroger
KR
$34.5B
| $19.8M | 0.01% |
346,661
-47,687
| -12% | -$2.35M |
|
1118
Wintrust Financial
WTFC
$10.9B
| $19.8M | 0.01% |
189,527
+63,276
| +50% | +$6.11M |
|
1119
Advanced Energy
AEIS
$13.1B
| $19.8M | 0.01% |
193,932
-1,547
| -0.8% | -$158K |
|
1120
John Hancock Multifactor Developed International ETF
JHMD
$985M
| $19.8M | 0.01% |
572,269
+459,578
| +408% | +$15.2M |
|
1121
Invesco Aerospace & Defense ETF
PPA
$8.72B
| $19.7M | 0.01% |
194,146
-64,547
| -25% | -$6.12M |
|
1122
Owens Corning
OC
$12.6B
| $19.7M | 0.01% |
118,145
-2,570
| -2% | -$392K |
|
1123
NewMarket
NEU
$8.43B
| $19.7M | 0.01% |
31,050
+3,314
| +12% | +$1.99M |
|
1124
Axalta
AXTA
$7.98B
| $19.7M | 0.01% |
571,669
-6,432
| -1% | -$210K |
|
1125
Voya Financial
VOYA
$8.9B
| $19.6M | 0.01% |
265,450
+22,784
| +9% | +$1.61M |
|
Similar funds
Envestnet Asset Management's Q1 2024 Portfolio in Review
As of Q1 2024, Envestnet Asset Management held 4,339 positions worth $268B, up 11% from $242B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Envestnet Asset Management deployed $9.25B of net new capital in Q1 2024, opening 297 new positions and adding to 2,310 existing holdings. Its largest new stake was BlackRock US Equity Factor Rotation ETF: 57,065,385 shares worth $2.53B.
By sector, the portfolio is most concentrated in Technology at 9.1% of assets, up from 8.7% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was iShares Core S&P 500 ETF, an estimated $2.01B trimmed.
- Envestnet Asset Management's largest Q1 2024 buy was BlackRock US Equity Factor Rotation ETF: 57,065,385 shares worth $2.53B.
- Envestnet Asset Management added most to iShares Core Universal USD Bond ETF in Q1 2024, an estimated $1.55B increase.
- Envestnet Asset Management's biggest Q1 2024 reduction was iShares Core S&P 500 ETF, cutting an estimated $2.01B.
- Envestnet Asset Management fully exited Splunk Inc in Q1 2024, selling an estimated $21.8M.
- Envestnet Asset Management's ten largest holdings make up 20% of its $268B portfolio in Q1 2024.
- Envestnet Asset Management opened 297 new positions and closed 169 in Q1 2024.
- Envestnet Asset Management's portfolio value rose 11% quarter-over-quarter to $268B.
Based on Envestnet Asset Management's 13F filing for Q1 2024, filed 13 May 2024.