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 Universal USD Bond ETF
IUSB
|
+$2.06B |
| 2 |
iShares MSCI EAFE Value ETF
EFV
|
+$1.8B |
| 3 |
iShares US Treasury Bond ETF
GOVT
|
+$752M |
| 4 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$514M |
| 5 |
iShares Fallen Angels USD Bond ETF
FALN
|
+$494M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$1.08B |
| 2 |
iShares 0-5 Year High Yield Corporate Bond ETF
SHYG
|
+$700M |
| 3 |
iShares Core S&P 500 ETF
IVV
|
+$530M |
| 4 |
iShares MSCI USA Min Vol Factor ETF
USMV
|
+$388M |
| 5 |
iShares MBS ETF
MBB
|
+$379M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 6.32% |
| 2 | Healthcare | 4.23% |
| 3 | Financials | 4.03% |
| 4 | Consumer Discretionary | 3.02% |
| 5 | Industrials | 2.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.2B
| $279M | 0.18% |
3,315,372
+2,334,004
| +238% | +$194M |
|
102
PayPal
PYPL
$50.5B
| $273M | 0.18% |
1,124,661
+104,029
| +10% | +$26.3M |
|
103
Chevron
CVX
$366B
| $272M | 0.18% |
2,596,180
+671,877
| +35% | +$65.6M |
|
104
Blackrock
BLK
$176B
| $271M | 0.18% |
359,112
+38,360
| +12% | +$27.8M |
|
105
PepsiCo
PEP
$190B
| $267M | 0.17% |
1,889,881
+433,688
| +30% | +$59.5M |
|
106
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$6.92B
| $264M | 0.17% |
2,423,812
+185,433
| +8% | +$20.1M |
|
107
iShares Russell 2000 Value ETF
IWN
$14.6B
| $261M | 0.17% |
1,633,759
+39,168
| +2% | +$5.92M |
|
108
Vanguard Morningstar Small-Cap Growth ETF
VBK
$24.5B
| $259M | 0.17% |
943,109
-6,625
| -0.7% | -$1.87M |
|
109
Vanguard Dividend Appreciation ETF
VIG
$114B
| $256M | 0.17% |
1,739,306
+38,557
| +2% | +$5.48M |
|
110
iShares Russell 2000 Growth ETF
IWO
$15.1B
| $255M | 0.17% |
848,463
-46,910
| -5% | -$14.6M |
|
111
Bank of America
BAC
$442B
| $253M | 0.16% |
6,538,599
+1,559,130
| +31% | +$53.8M |
|
112
Union Pacific
UNP
$174B
| $244M | 0.16% |
1,107,622
+153,386
| +16% | +$32.2M |
|
113
Procter & Gamble
PG
$339B
| $243M | 0.16% |
1,795,247
+151,917
| +9% | +$19.8M |
|
114
Walt Disney
DIS
$181B
| $242M | 0.16% |
1,312,953
+375,770
| +40% | +$69.3M |
|
115
TSMC
TSM
$2.18T
| $241M | 0.16% |
2,036,762
+40,425
| +2% | +$5.01M |
|
116
Comcast
CMCSA
$90B
| $241M | 0.16% |
4,446,648
+711,944
| +19% | +$37.6M |
|
117
Thermo Fisher Scientific
TMO
$220B
| $239M | 0.16% |
523,060
+48,397
| +10% | +$23.1M |
|
118
NextEra Energy
NEE
$177B
| $236M | 0.15% |
3,126,823
+290,568
| +10% | +$22.7M |
|
119
State Street SPDR Portfolio S&P 500 Value ETF
SPYV
$36.8B
| $234M | 0.15% |
6,166,465
+3,912,913
| +174% | +$141M |
|
120
NVIDIA
NVDA
$5.42T
| $230M | 0.15% |
17,223,800
+2,751,440
| +19% | +$37M |
|
121
iShares Select Dividend ETF
DVY
$23.6B
| $229M | 0.15% |
2,008,019
+319,589
| +19% | +$33.8M |
|
122
Danaher
DHR
$144B
| $228M | 0.15% |
1,144,674
+223,664
| +24% | +$45.4M |
|
123
Zoetis
ZTS
$30B
| $221M | 0.14% |
1,405,637
+114,288
| +9% | +$18.1M |
|
124
iShares MSCI Intl Quality Factor ETF
IQLT
$14.2B
| $221M | 0.14% |
6,070,501
+782,479
| +15% | +$28.4M |
|
125
iShares MSCI EAFE Min Vol Factor ETF
EFAV
$5.51B
| $213M | 0.14% |
2,923,846
-320,457
| -10% | -$23.5M |
|
Similar funds
Envestnet Asset Management's Q1 2021 Portfolio in Review
As of Q1 2021, Envestnet Asset Management held 3,632 positions worth $154B, up 16% from $132B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Envestnet Asset Management deployed $16B of net new capital in Q1 2021, opening 365 new positions and adding to 2,197 existing holdings. Its largest new stake was Lumen: 1,779,412 shares worth $23.8M.
By sector, the portfolio is most concentrated in Technology at 6.3% of assets, up from 6% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was iShares iBoxx $ Investment Grade Corporate Bond ETF, an estimated $1.08B trimmed.
- Envestnet Asset Management's largest Q1 2021 buy was Lumen: 1,779,412 shares worth $23.8M.
- Envestnet Asset Management added most to iShares Core Universal USD Bond ETF in Q1 2021, an estimated $2.06B increase.
- Envestnet Asset Management's biggest Q1 2021 reduction was iShares iBoxx $ Investment Grade Corporate Bond ETF, cutting an estimated $1.08B.
- Envestnet Asset Management fully exited JPMorgan BetaBuilders Japan ETF in Q1 2021, selling an estimated $37.1M.
- Envestnet Asset Management's ten largest holdings make up 22% of its $154B portfolio in Q1 2021.
- Envestnet Asset Management opened 365 new positions and closed 139 in Q1 2021.
- Envestnet Asset Management's portfolio value rose 16% quarter-over-quarter to $154B.
Based on Envestnet Asset Management's 13F filing for Q1 2021, filed 4 May 2021.