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 | |
|---|---|---|---|---|---|---|
1176
Ollie's Bargain Outlet
OLLI
$4.76B
| $17.8M | 0.01% |
223,807
+88,769
| +66% | +$6.71M |
|
1177
STAG Industrial
STAG
$7.08B
| $17.8M | 0.01% |
462,769
+27,376
| +6% | +$1.04M |
|
1178
Principal Focused Blue Chip ETF
BCHP
$245M
| $17.7M | 0.01% |
567,709
+55,295
| +11% | +$1.65M |
|
1179
TransUnion
TRU
$15.4B
| $17.7M | 0.01% |
222,112
+23,655
| +12% | +$1.73M |
|
1180
Element Solutions
ESI
$9.17B
| $17.7M | 0.01% |
709,215
-200,505
| -22% | -$4.66M |
|
1181
John Hancock Multifactor Mid Cap ETF
JHMM
$6.13B
| $17.7M | 0.01% |
307,812
+143,227
| +87% | +$7.69M |
|
1182
Helmerich & Payne
HP
$4.25B
| $17.5M | 0.01% |
417,076
+19,578
| +5% | +$741K |
|
1183
First Trust Intermediate Duration Investment Grade Corporate ETF
FIIG
$647M
| $17.5M | 0.01% |
850,817
+838,650
| +6,893% | +$17.3M |
|
1184
CenterPoint Energy
CNP
$26.5B
| $17.5M | 0.01% |
614,200
+22,598
| +4% | +$633K |
|
1185
PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF
MFEM
$148M
| $17.5M | 0.01% |
894,480
-46,010
| -5% | -$877K |
|
1186
Invesco Short Term Treasury ETF
TBLL
$2.85B
| $17.5M | 0.01% |
165,653
+63,388
| +62% | +$6.69M |
|
1187
Pinterest
PINS
$13.4B
| $17.4M | 0.01% |
501,133
+85,492
| +21% | +$3.11M |
|
1188
Vanguard Total Corporate Bond ETF
VTC
$1.71B
| $17.3M | 0.01% |
226,438
+19,566
| +9% | +$1.5M |
|
1189
State Street SPDR S&P 400 Mid Cap Value ETF
MDYV
$2.87B
| $17.3M | 0.01% |
228,113
-2,909,251
| -93% | -$211M |
|
1190
Progyny
PGNY
$2.04B
| $17.3M | 0.01% |
452,916
-13,044
| -3% | -$493K |
|
1191
Jones Lang LaSalle
JLL
$16.7B
| $17.3M | 0.01% |
88,445
+2,147
| +2% | +$391K |
|
1192
ARK Innovation ETF
ARKK
$6.38B
| $17.2M | 0.01% |
342,729
-55,243
| -14% | -$2.69M |
|
1193
Arrow Electronics
ARW
$10.5B
| $17.2M | 0.01% |
132,559
+403
| +0.3% | +$47.2K |
|
1194
Toronto Dominion Bank
TD
$201B
| $17.1M | 0.01% |
283,757
+130,995
| +86% | +$7.91M |
|
1195
Franklin US Core Bond ETF
FLCB
$3.04B
| $17.1M | 0.01% |
802,630
+11,079
| +1% | +$236K |
|
1196
Webster Financial
WBS
$12.8B
| $17.1M | 0.01% |
337,213
+22,732
| +7% | +$1.11M |
|
1197
Standex International
SXI
$3.97B
| $17.1M | 0.01% |
93,903
+7,491
| +9% | +$1.21M |
|
1198
Nuveen ESG Small-Cap ETF
NUSC
$1.33B
| $17.1M | 0.01% |
410,020
+44,697
| +12% | +$1.75M |
|
1199
iShares US Equity Factor ETF
LRGF
$3.7B
| $17M | 0.01% |
316,728
+303,147
| +2,232% | +$15.4M |
|
1200
iShares US Home Construction ETF
ITB
$2.4B
| $17M | 0.01% |
146,622
+32,386
| +28% | +$3.4M |
|
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.