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
|
+$705M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$612M |
| 3 |
WisdomTree Trust WisdomTree US Quality Dividend Growth Fund
DGRW
|
+$330M |
| 4 |
iShares US Treasury Bond ETF
GOVT
|
+$302M |
| 5 |
iShares MSCI USA Momentum Factor ETF
MTUM
|
+$274M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 400 Mid Cap Growth ETF
MDYG
|
+$417M |
| 2 |
iShares 7-10 Year Treasury Bond ETF
IEF
|
+$294M |
| 3 |
State Street SPDR Portfolio Intermediate Term Treasury ETF
SPTI
|
+$280M |
| 4 |
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
|
+$173M |
| 5 |
Vanguard Morningstar Growth ETF
VUG
|
+$169M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 5.77% |
| 2 | Healthcare | 4.09% |
| 3 | Financials | 3.13% |
| 4 | Consumer Discretionary | 2.74% |
| 5 | Industrials | 2.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Starbucks
SBUX
$120B
| $188M | 0.17% |
2,190,077
+81,065
| +4% | +$6.47M |
|
102
PayPal
PYPL
$50.5B
| $187M | 0.17% |
948,383
+49,177
| +5% | +$9.26M |
|
103
PepsiCo
PEP
$190B
| $187M | 0.17% |
1,345,865
+60,347
| +5% | +$8.21M |
|
104
NextEra Energy
NEE
$177B
| $183M | 0.16% |
2,641,880
+138,260
| +6% | +$9.55M |
|
105
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$7.31B
| $183M | 0.16% |
1,752,895
+902,791
| +106% | +$94.4M |
|
106
Vanguard FTSE All-World ex-US ETF
VEU
$70.2B
| $179M | 0.16% |
3,546,600
+176,336
| +5% | +$8.95M |
|
107
Vanguard Morningstar Mid-Cap Growth ETF
VOT
$19.8B
| $179M | 0.16% |
992,721
+9,431
| +1% | +$1.66M |
|
108
State Street SPDR Portfolio Developed World ex-US ETF
SPDW
$41.7B
| $175M | 0.15% |
5,973,277
+1,032,575
| +21% | +$30.2M |
|
109
iShares TIPS Bond ETF
TIP
$14.7B
| $175M | 0.15% |
1,380,676
-229,980
| -14% | -$28.9M |
|
110
SPDR Gold Trust
GLD
$142B
| $174M | 0.15% |
984,264
+95,143
| +11% | +$17.1M |
|
111
NVIDIA
NVDA
$5.42T
| $172M | 0.15% |
12,717,080
+453,640
| +4% | +$5.28M |
|
112
Danaher
DHR
$144B
| $172M | 0.15% |
900,399
+52,419
| +6% | +$9.32M |
|
113
Blackrock
BLK
$176B
| $169M | 0.15% |
299,517
+24,948
| +9% | +$14.2M |
|
114
iShares Russell Mid-Cap Growth ETF
IWP
$20.7B
| $168M | 0.15% |
1,938,574
+119,570
| +7% | +$10.1M |
|
115
Vanguard Morningstar Mega Cap Value ETF
MGV
$13.6B
| $167M | 0.15% |
2,175,060
-476,367
| -18% | -$36.6M |
|
116
Pfizer
PFE
$153B
| $165M | 0.15% |
4,749,087
+25,091
| +0.5% | +$880K |
|
117
State Street SPDR S&P Dividend ETF
SDY
$22.1B
| $164M | 0.15% |
1,774,632
+168,831
| +11% | +$15.9M |
|
118
TSMC
TSM
$2.18T
| $164M | 0.15% |
2,020,737
-114,678
| -5% | -$8.71M |
|
119
Vanguard Russell 1000 Growth ETF
VONG
$45.8B
| $161M | 0.14% |
2,891,364
-1,048
| -0% | -$56.8K |
|
120
Berkshire Hathaway Class B
BRK.B
$1.13T
| $158M | 0.14% |
740,060
-24,122
| -3% | -$4.93M |
|
121
Comcast
CMCSA
$90B
| $158M | 0.14% |
3,405,906
+261,349
| +8% | +$11.4M |
|
122
iShares Core Universal USD Bond ETF
IUSB
$43.3B
| $154M | 0.14% |
2,837,841
+187,486
| +7% | +$10.2M |
|
123
iShares Russell Top 200 Value ETF
IWX
$4.03B
| $154M | 0.14% |
3,009,533
+1,504,585
| +100% | +$77.2M |
|
124
Union Pacific
UNP
$174B
| $150M | 0.13% |
763,931
+155,626
| +26% | +$28.9M |
|
125
American Tower
AMT
$80.4B
| $149M | 0.13% |
616,233
+39,561
| +7% | +$10M |
|
Similar funds
Envestnet Asset Management's Q3 2020 Portfolio in Review
As of Q3 2020, Envestnet Asset Management held 3,254 positions worth $113B, up 10% from $102B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Envestnet Asset Management deployed $4.75B of net new capital in Q3 2020, opening 193 new positions and adding to 1,654 existing holdings. Its largest new stake was American Century Large Cap Equity ETF: 1,912,440 shares worth $81.5M.
By sector, the portfolio is most concentrated in Technology at 5.8% of assets, up from 5.8% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was State Street SPDR S&P 400 Mid Cap Growth ETF, an estimated $417M trimmed.
- Envestnet Asset Management's largest Q3 2020 buy was American Century Large Cap Equity ETF: 1,912,440 shares worth $81.5M.
- Envestnet Asset Management added most to iShares Core S&P 500 ETF in Q3 2020, an estimated $705M increase.
- Envestnet Asset Management's biggest Q3 2020 reduction was State Street SPDR S&P 400 Mid Cap Growth ETF, cutting an estimated $417M.
- Envestnet Asset Management fully exited CMC Materials, Inc. Common Stock in Q3 2020, selling an estimated $9.9M.
- Envestnet Asset Management's ten largest holdings make up 25% of its $113B portfolio in Q3 2020.
- Envestnet Asset Management opened 193 new positions and closed 159 in Q3 2020.
- Envestnet Asset Management's portfolio value rose 10% quarter-over-quarter to $113B.
Based on Envestnet Asset Management's 13F filing for Q3 2020, filed 9 Oct 2020.