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 Global Financials ETF
IXG
|
+$883M |
| 2 |
State Street SPDR Portfolio S&P 500 Growth ETF
SPYG
|
+$661M |
| 3 |
iShares GSCI Commodity Dynamic Roll Strategy ETF
COMT
|
+$609M |
| 4 |
iShares Core Universal USD Bond ETF
IUSB
|
+$585M |
| 5 |
iShares Core S&P 500 ETF
IVV
|
+$463M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$773M |
| 2 |
iShares Core S&P Small-Cap ETF
IJR
|
+$408M |
| 3 |
iShares Global Tech ETF
IXN
|
+$397M |
| 4 |
iShares US Medical Devices ETF
IHI
|
+$364M |
| 5 |
iShares Core S&P Mid-Cap ETF
IJH
|
+$340M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 6.32% |
| 2 | Healthcare | 4.18% |
| 3 | Financials | 3.97% |
| 4 | Consumer Discretionary | 3.02% |
| 5 | Industrials | 2.78% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
101
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$33B
| $333M | 0.19% |
2,479,205
-5,860,971
| -70% | -$773M |
|
102
iShares Russell Top 200 Value ETF
IWX
$4.07B
| $319M | 0.18% |
4,804,832
-667,874
| -12% | -$44.3M |
|
103
Medtronic
MDT
$112B
| $318M | 0.18% |
2,559,004
-200,075
| -7% | -$25.1M |
|
104
iShares Core Dividend Growth ETF
DGRO
$43.5B
| $316M | 0.18% |
6,269,819
+259,913
| +4% | +$13M |
|
105
Abbott
ABT
$187B
| $311M | 0.18% |
2,686,188
-150,310
| -5% | -$17.5M |
|
106
Xtrackers MSCI EAFE Hedged Equity ETF
DBEF
$9.39B
| $307M | 0.17% |
8,171,699
+60,637
| +0.7% | +$2.27M |
|
107
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$6.92B
| $306M | 0.17% |
2,782,709
+358,897
| +15% | +$39.1M |
|
108
Chevron
CVX
$366B
| $299M | 0.17% |
2,859,392
+263,212
| +10% | +$27.8M |
|
109
PepsiCo
PEP
$190B
| $293M | 0.17% |
1,979,516
+89,635
| +5% | +$13.1M |
|
110
Verizon
VZ
$196B
| $291M | 0.17% |
5,197,756
+11,845
| +0.2% | +$680K |
|
111
Vanguard Dividend Appreciation ETF
VIG
$114B
| $287M | 0.16% |
1,856,849
+117,543
| +7% | +$18M |
|
112
Bank of America
BAC
$442B
| $283M | 0.16% |
6,873,164
+334,565
| +5% | +$13.7M |
|
113
Vanguard Morningstar Small-Cap Growth ETF
VBK
$24.5B
| $281M | 0.16% |
968,097
+24,988
| +3% | +$6.99M |
|
114
Vanguard Morningstar Large-Cap ETF
VV
$54.3B
| $280M | 0.16% |
1,394,726
+843,500
| +153% | +$165M |
|
115
Danaher
DHR
$144B
| $276M | 0.16% |
1,158,344
+13,670
| +1% | +$3.03M |
|
116
iShares Russell 2000 Growth ETF
IWO
$15.1B
| $274M | 0.16% |
880,037
+31,574
| +4% | +$9.5M |
|
117
iShares Russell 2000 Value ETF
IWN
$14.6B
| $273M | 0.16% |
1,647,128
+13,369
| +0.8% | +$2.21M |
|
118
Schwab US Large-Cap Growth ETF
SCHG
$62.8B
| $269M | 0.15% |
14,738,656
+3,716,944
| +34% | +$64.3M |
|
119
Zoetis
ZTS
$30B
| $269M | 0.15% |
1,441,666
+36,029
| +3% | +$6.26M |
|
120
Thermo Fisher Scientific
TMO
$220B
| $265M | 0.15% |
526,156
+3,096
| +0.6% | +$1.46M |
|
121
Union Pacific
UNP
$174B
| $263M | 0.15% |
1,195,998
+88,376
| +8% | +$19.7M |
|
122
Procter & Gamble
PG
$339B
| $257M | 0.15% |
1,901,163
+105,916
| +6% | +$14.3M |
|
123
iShares Russell Mid-Cap Growth ETF
IWP
$20.7B
| $256M | 0.15% |
2,265,155
+320,752
| +16% | +$34.3M |
|
124
NextEra Energy
NEE
$177B
| $255M | 0.14% |
3,473,714
+346,891
| +11% | +$26M |
|
125
Salesforce
CRM
$158B
| $252M | 0.14% |
1,029,602
+90,469
| +10% | +$20.9M |
|
Similar funds
Envestnet Asset Management's Q2 2021 Portfolio in Review
As of Q2 2021, Envestnet Asset Management held 3,771 positions worth $176B, up 14% from $154B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Envestnet Asset Management deployed $13.3B of net new capital in Q2 2021, opening 279 new positions and adding to 2,381 existing holdings. Its largest new stake was Dimensional US Core Equity 2 ETF: 16,086,878 shares worth $434M.
By sector, the portfolio is most concentrated in Technology at 6.3% of assets, up from 6.3% 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 $773M trimmed.
- Envestnet Asset Management's largest Q2 2021 buy was Dimensional US Core Equity 2 ETF: 16,086,878 shares worth $434M.
- Envestnet Asset Management added most to iShares Global Financials ETF in Q2 2021, an estimated $883M increase.
- Envestnet Asset Management's biggest Q2 2021 reduction was iShares iBoxx $ Investment Grade Corporate Bond ETF, cutting an estimated $773M.
- Envestnet Asset Management fully exited GE Aerospace in Q2 2021, selling an estimated $17.1M.
- Envestnet Asset Management's ten largest holdings make up 22% of its $176B portfolio in Q2 2021.
- Envestnet Asset Management opened 279 new positions and closed 139 in Q2 2021.
- Envestnet Asset Management's portfolio value rose 14% quarter-over-quarter to $176B.
Based on Envestnet Asset Management's 13F filing for Q2 2021, filed 4 Aug 2021.