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
|
+$2.31B |
| 2 |
iShares Core Universal USD Bond ETF
IUSB
|
+$899M |
| 3 |
Schwab Fundamental US Large Company Index ETF
FNDX
|
+$601M |
| 4 |
iShares S&P 500 Growth ETF
IVW
|
+$572M |
| 5 |
iShares ESG Aware MSCI USA ETF
ESGU
|
+$478M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI EAFE Growth ETF
EFG
|
+$876M |
| 2 |
State Street SPDR Portfolio S&P 500 Growth ETF
SPYG
|
+$745M |
| 3 |
iShares TIPS Bond ETF
TIP
|
+$643M |
| 4 |
iShares Global Financials ETF
IXG
|
+$612M |
| 5 |
iShares MSCI USA Value Factor ETF
VLUE
|
+$488M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 6.61% |
| 2 | Healthcare | 4.45% |
| 3 | Financials | 3.98% |
| 4 | Industrials | 2.85% |
| 5 | Consumer Discretionary | 2.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Thermo Fisher Scientific
TMO
$220B
| $340M | 0.17% |
576,167
+8,063
| +1% | +$4.63M |
|
102
Costco
COST
$420B
| $332M | 0.17% |
576,597
+33,173
| +6% | +$17.4M |
|
103
Schwab US Dividend Equity ETF
SCHD
$106B
| $327M | 0.16% |
12,437,379
+2,532,156
| +26% | +$66.3M |
|
104
Vanguard Morningstar Large-Cap ETF
VV
$54.5B
| $325M | 0.16% |
1,560,900
+39,372
| +3% | +$8.09M |
|
105
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$15B
| $320M | 0.16% |
3,278,073
-627,336
| -16% | -$63.6M |
|
106
Danaher
DHR
$144B
| $320M | 0.16% |
1,231,191
+10,834
| +0.9% | +$2.71M |
|
107
Medtronic
MDT
$112B
| $315M | 0.16% |
2,839,871
+39,242
| +1% | +$4.15M |
|
108
Broadcom
AVGO
$2.04T
| $314M | 0.16% |
4,980,360
+315,280
| +7% | +$18.7M |
|
109
Verizon
VZ
$196B
| $313M | 0.16% |
6,154,136
+786,921
| +15% | +$41.7M |
|
110
Nike
NKE
$61.9B
| $312M | 0.16% |
2,319,461
-351,223
| -13% | -$49.4M |
|
111
iShares Russell Top 200 Value ETF
IWX
$4.03B
| $312M | 0.16% |
4,473,732
-68,651
| -2% | -$4.75M |
|
112
Xtrackers MSCI EAFE Hedged Equity ETF
DBEF
$9.39B
| $311M | 0.16% |
8,254,196
-96,029
| -1% | -$3.62M |
|
113
S&P Global
SPGI
$120B
| $310M | 0.16% |
755,969
+183,004
| +32% | +$74.5M |
|
114
Abbott
ABT
$187B
| $306M | 0.15% |
2,588,483
+96,710
| +4% | +$12M |
|
115
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.8B
| $304M | 0.15% |
3,284,132
-713,916
| -18% | -$65.4M |
|
116
State Street Communication Services Select Sector SPDR ETF
XLC
$22.5B
| $302M | 0.15% |
4,397,112
-12,792
| -0.3% | -$901K |
|
117
Bank of America
BAC
$442B
| $296M | 0.15% |
7,190,113
+300,130
| +4% | +$13.5M |
|
118
iShares Currency Hedged MSCI EAFE ETF
HEFA
$7.76B
| $293M | 0.15% |
8,620,914
+777,783
| +10% | +$26.4M |
|
119
iShares MSCI Intl Quality Factor ETF
IQLT
$14.2B
| $290M | 0.15% |
7,855,058
+464,585
| +6% | +$17.2M |
|
120
Vanguard Dividend Appreciation ETF
VIG
$114B
| $289M | 0.15% |
1,780,097
+99,119
| +6% | +$16M |
|
121
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
$46.7B
| $288M | 0.15% |
3,153,855
+2,578,764
| +448% | +$236M |
|
122
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
$10.8B
| $286M | 0.14% |
9,478,070
+109,991
| +1% | +$3.36M |
|
123
iShares ESG Advanced MSCI USA ETF
USXF
$1.51B
| $285M | 0.14% |
7,981,924
+735,592
| +10% | +$26.3M |
|
124
PepsiCo
PEP
$190B
| $284M | 0.14% |
1,695,855
+12,884
| +0.8% | +$2.16M |
|
125
Vanguard Morningstar Mega Cap Growth ETF
MGK
$33.9B
| $282M | 0.14% |
5,995,245
+584,960
| +11% | +$27.1M |
|
Similar funds
Envestnet Asset Management's Q1 2022 Portfolio in Review
As of Q1 2022, Envestnet Asset Management held 4,144 positions worth $199B, down 1.7% from $202B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Envestnet Asset Management deployed $7.86B of net new capital in Q1 2022, opening 279 new positions and adding to 2,371 existing holdings. Its largest new stake was WisdomTree Floating Rate Treasury Fund: 1,111,909 shares worth $55.9M.
By sector, the portfolio is most concentrated in Technology at 6.6% of assets, down from 7% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was iShares MSCI EAFE Growth ETF, an estimated $876M trimmed.
- Envestnet Asset Management's largest Q1 2022 buy was WisdomTree Floating Rate Treasury Fund: 1,111,909 shares worth $55.9M.
- Envestnet Asset Management added most to iShares Core S&P 500 ETF in Q1 2022, an estimated $2.31B increase.
- Envestnet Asset Management's biggest Q1 2022 reduction was iShares MSCI EAFE Growth ETF, cutting an estimated $876M.
- Envestnet Asset Management fully exited IHS Markit Ltd. Common Shares in Q1 2022, selling an estimated $70.6M.
- Envestnet Asset Management's ten largest holdings make up 25% of its $199B portfolio in Q1 2022.
- Envestnet Asset Management opened 279 new positions and closed 219 in Q1 2022.
- Envestnet Asset Management's portfolio value fell 1.7% quarter-over-quarter to $199B.
Based on Envestnet Asset Management's 13F filing for Q1 2022, filed 4 May 2022.