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 | |
|---|---|---|---|---|---|---|
1176
Darling Ingredients
DAR
$9.91B
| $18.5M | 0.01% |
502,779
+43,420
| +9% | +$1.8M |
|
1177
First Trust Managed Futures Strategy Fund
FMF
$258M
| $18.4M | 0.01% |
378,556
-4,952
| -1% | -$243K |
|
1178
iShares International Equity Factor ETF
INTF
$3.74B
| $18.3M | 0.01% |
627,487
+496,814
| +380% | +$14.7M |
|
1179
Paylocity
PCTY
$7.73B
| $18.3M | 0.01% |
138,943
-7,573
| -5% | -$1.17M |
|
1180
Delta Air Lines
DAL
$58.7B
| $18.3M | 0.01% |
385,549
+125,314
| +48% | +$6.24M |
|
1181
Viatris
VTRS
$18.7B
| $18.3M | 0.01% |
1,719,102
-94,200
| -5% | -$1.04M |
|
1182
Ingersoll Rand
IR
$33.6B
| $18.3M | 0.01% |
200,937
-69,442
| -26% | -$6.38M |
|
1183
Globus Medical
GMED
$11.6B
| $18.2M | 0.01% |
266,207
+13,221
| +5% | +$790K |
|
1184
Cenovus Energy
CVE
$54.5B
| $18.2M | 0.01% |
927,005
+116,877
| +14% | +$2.36M |
|
1185
iShares North American Natural Resources ETF
IGE
$778M
| $18.2M | 0.01% |
413,664
+7,249
| +2% | +$325K |
|
1186
Invesco S&P MidCap Low Volatility ETF
XMLV
$740M
| $18.2M | 0.01% |
329,520
-11,728
| -3% | -$650K |
|
1187
Fidelity Enhanced Large Cap Core ETF
FELC
$8.37B
| $18.2M | 0.01% |
593,218
+535,679
| +931% | +$15.7M |
|
1188
WisdomTree Emerging Markets SmallCap Dividend Fund
DGS
$1.77B
| $18.2M | 0.01% |
352,866
+53,658
| +18% | +$2.76M |
|
1189
Xtrackers FTSE Developed ex US Multifactor ETF
DEEF
$56.4M
| $18.1M | 0.01% |
636,605
-62,533
| -9% | -$1.83M |
|
1190
Goldman Sachs ActiveBeta Emerging Markets Equity ETF
GEM
$1.7B
| $18.1M | 0.01% |
554,451
+20,774
| +4% | +$666K |
|
1191
PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF
MFEM
$149M
| $18.1M | 0.01% |
882,860
-11,620
| -1% | -$232K |
|
1192
Portland General Electric
POR
$5.66B
| $18M | 0.01% |
416,437
+49,828
| +14% | +$2.15M |
|
1193
Power Integrations
POWI
$3.46B
| $18M | 0.01% |
256,493
+5,830
| +2% | +$419K |
|
1194
State Street SPDR S&P 400 Mid Cap Value ETF
MDYV
$2.86B
| $18M | 0.01% |
246,514
+18,401
| +8% | +$1.35M |
|
1195
NewMarket
NEU
$8.37B
| $18M | 0.01% |
34,849
+3,799
| +12% | +$2.11M |
|
1196
Nuveen ESG Small-Cap ETF
NUSC
$1.33B
| $17.9M | 0.01% |
456,054
+46,034
| +11% | +$1.83M |
|
1197
Oshkosh
OSK
$9.59B
| $17.9M | 0.01% |
165,648
+2,930
| +2% | +$339K |
|
|
JBTM
1198
JBT Marel
JBTM
$6.35B
| $17.9M | 0.01% |
188,122
+89,604
| +91% | +$8.45M |
|
1199
Allison Transmission
ALSN
$10.3B
| $17.9M | 0.01% |
235,243
-2,864
| -1% | -$220K |
|
1200
FT Vest US Equity Buffer ETF March
FMAR
$1.16B
| $17.9M | 0.01% |
439,948
+84,235
| +24% | +$3.32M |
|
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.