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
|
+$1.11B |
| 2 |
iShares Fallen Angels USD Bond ETF
FALN
|
+$565M |
| 3 |
iShares MSCI USA Min Vol Factor ETF
USMV
|
+$509M |
| 4 |
iShares Core US Aggregate Bond ETF
AGG
|
+$434M |
| 5 |
iShares TIPS Bond ETF
TIP
|
+$426M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$653M |
| 2 |
iShares MSCI USA Momentum Factor ETF
MTUM
|
+$567M |
| 3 |
iShares Global Tech ETF
IXN
|
+$282M |
| 4 |
iShares Global Financials ETF
IXG
|
+$178M |
| 5 |
iShares Russell 2000 ETF
IWM
|
+$145M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 6.98% |
| 2 | Healthcare | 4.36% |
| 3 | Financials | 3.86% |
| 4 | Consumer Discretionary | 3.12% |
| 5 | Industrials | 2.8% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Zoetis
ZTS
$30B
| $362M | 0.18% |
1,482,937
+52,153
| +4% | +$11.4M |
|
102
Vanguard High Dividend Yield ETF
VYM
$82.8B
| $360M | 0.18% |
3,212,313
+93,126
| +3% | +$10.1M |
|
103
Danaher
DHR
$144B
| $356M | 0.18% |
1,220,357
+55,009
| +5% | +$15.2M |
|
104
Abbott
ABT
$187B
| $351M | 0.17% |
2,491,773
-306,083
| -11% | -$39.2M |
|
105
iShares Short-Term National Muni Bond ETF
SUB
$11.4B
| $350M | 0.17% |
3,262,411
+804,532
| +33% | +$86.4M |
|
106
NextEra Energy
NEE
$177B
| $350M | 0.17% |
3,749,483
+186,056
| +5% | +$16.1M |
|
107
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$6.92B
| $345M | 0.17% |
3,179,281
+206,424
| +7% | +$22.4M |
|
108
State Street Communication Services Select Sector SPDR ETF
XLC
$22.4B
| $343M | 0.17% |
4,409,904
-12,434
| -0.3% | -$983K |
|
109
Union Pacific
UNP
$174B
| $339M | 0.17% |
1,347,466
+90,686
| +7% | +$21.5M |
|
110
Merck
MRK
$318B
| $339M | 0.17% |
4,419,509
+34,326
| +0.8% | +$2.73M |
|
111
Vanguard Morningstar Large-Cap ETF
VV
$54.3B
| $336M | 0.17% |
1,521,528
+137,755
| +10% | +$29.5M |
|
112
Procter & Gamble
PG
$339B
| $331M | 0.16% |
2,022,325
+27,167
| +1% | +$4.03M |
|
113
Xtrackers MSCI EAFE Hedged Equity ETF
DBEF
$9.39B
| $328M | 0.16% |
8,350,225
+164,101
| +2% | +$6.37M |
|
114
Invesco S&P 500 Equal Weight ETF
RSP
$99.5B
| $327M | 0.16% |
2,007,605
+34,625
| +2% | +$5.47M |
|
115
iShares ESG Aware MSCI EAFE ETF
ESGD
$12.3B
| $321M | 0.16% |
4,033,840
+339,916
| +9% | +$27.1M |
|
116
Qualcomm
QCOM
$176B
| $319M | 0.16% |
1,747,116
-58,454
| -3% | -$9.36M |
|
117
iShares Russell Top 200 Value ETF
IWX
$4.07B
| $318M | 0.16% |
4,542,383
-430,883
| -9% | -$29.5M |
|
118
Broadcom
AVGO
$2.04T
| $310M | 0.15% |
4,665,080
+145,500
| +3% | +$8.18M |
|
119
Berkshire Hathaway Class B
BRK.B
$1.13T
| $310M | 0.15% |
1,035,258
+94,741
| +10% | +$27.1M |
|
120
Costco
COST
$420B
| $309M | 0.15% |
543,424
+47,333
| +10% | +$24.2M |
|
121
Salesforce
CRM
$158B
| $307M | 0.15% |
1,207,637
+101,971
| +9% | +$28.7M |
|
122
Bank of America
BAC
$442B
| $307M | 0.15% |
6,889,983
-176,982
| -3% | -$8.06M |
|
123
Goldman Sachs ActiveBeta US Large Cap Equity ETF
GSLC
$15.5B
| $300M | 0.15% |
3,151,961
+789,494
| +33% | +$72.6M |
|
124
PepsiCo
PEP
$190B
| $292M | 0.14% |
1,682,971
-53,230
| -3% | -$8.69M |
|
125
iShares MSCI Intl Quality Factor ETF
IQLT
$14.2B
| $291M | 0.14% |
7,390,473
+656,065
| +10% | +$25.7M |
|
Similar funds
Envestnet Asset Management's Q4 2021 Portfolio in Review
As of Q4 2021, Envestnet Asset Management held 4,011 positions worth $202B, up 11% from $182B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Envestnet Asset Management deployed $9.76B of net new capital in Q4 2021, opening 342 new positions and adding to 2,408 existing holdings. Its largest new stake was Abacus FCF Real Assets Leaders ETF: 1,756,554 shares worth $45.3M.
By sector, the portfolio is most concentrated in Technology at 7% of assets, up from 6.5% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was iShares 1-5 Year Investment Grade Corporate Bond ETF, an estimated $653M trimmed.
- Envestnet Asset Management's largest Q4 2021 buy was Abacus FCF Real Assets Leaders ETF: 1,756,554 shares worth $45.3M.
- Envestnet Asset Management added most to iShares Core S&P 500 ETF in Q4 2021, an estimated $1.11B increase.
- Envestnet Asset Management's biggest Q4 2021 reduction was iShares 1-5 Year Investment Grade Corporate Bond ETF, cutting an estimated $653M.
- Envestnet Asset Management fully exited Invesco BulletShares 2021 High Yield Corporate Bond ETF in Q4 2021, selling an estimated $18.4M.
- Envestnet Asset Management's ten largest holdings make up 23% of its $202B portfolio in Q4 2021.
- Envestnet Asset Management opened 342 new positions and closed 147 in Q4 2021.
- Envestnet Asset Management's portfolio value rose 11% quarter-over-quarter to $202B.
Based on Envestnet Asset Management's 13F filing for Q4 2021, filed 4 Feb 2022.