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 Total US Stock Market ETF
ITOT
|
+$1.41B |
| 2 |
HDV
iShares Core High Dividend ETF
HDV
|
+$1.23B |
| 3 |
iShares MSCI Emerging Markets Min Vol Factor ETF
EEMV
|
+$1.15B |
| 4 |
iShares 7-10 Year Treasury Bond ETF
IEF
|
+$1.11B |
| 5 |
Vanguard Short-Term Bond ETF
BSV
|
+$901M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Schwab Fundamental US Large Company Index ETF
FNDX
|
+$887M |
| 2 |
iShares Core S&P Small-Cap ETF
IJR
|
+$794M |
| 3 |
iShares S&P 500 Growth ETF
IVW
|
+$716M |
| 4 |
iShares ESG Aware MSCI EM ETF
ESGE
|
+$709M |
| 5 |
iShares GSCI Commodity Dynamic Roll Strategy ETF
COMT
|
+$620M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 72.83% |
| 2 | Technology | 5.95% |
| 3 | Healthcare | 4.64% |
| 4 | Financials | 3.85% |
| 5 | Industrials | 2.71% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Thermo Fisher Scientific
TMO
$227B
| $315M | 0.18% |
580,382
+4,215
| +0.7% | +$2.32M |
|
102
Adobe
ADBE
$106B
| $315M | 0.18% |
861,132
+9,494
| +1% | +$3.86M |
|
103
Berkshire Hathaway Class B
BRK.B
$1.1T
| $315M | 0.18% |
1,153,130
+86,863
| +8% | +$27.3M |
|
104
Philip Morris
PM
$304B
| $309M | 0.17% |
3,130,968
+201,752
| +7% | +$20.6M |
|
105
Pfizer
PFE
$158B
| $307M | 0.17% |
5,851,901
+1,206,759
| +26% | +$61.5M |
|
106
Blackrock
BLK
$165B
| $304M | 0.17% |
498,962
+46,770
| +10% | +$30.5M |
|
107
Union Pacific
UNP
$169B
| $300M | 0.17% |
1,407,525
-63,750
| -4% | -$14.5M |
|
108
PepsiCo
PEP
$186B
| $299M | 0.17% |
1,797,061
+101,206
| +6% | +$17M |
|
109
Schwab US Dividend Equity ETF
SCHD
$112B
| $298M | 0.17% |
12,488,376
+50,997
| +0.4% | +$1.3M |
|
110
Meta Platforms (Facebook)
META
$1.7T
| $297M | 0.17% |
1,840,000
-9,151
| -0.5% | -$1.77M |
|
111
NVIDIA
NVDA
$5.09T
| $297M | 0.17% |
19,571,950
-1,426,620
| -7% | -$26.9M |
|
112
Invesco S&P 500 Equal Weight ETF
RSP
$98.8B
| $294M | 0.16% |
2,187,219
-40,536
| -2% | -$5.93M |
|
113
iShares MSCI Intl Momentum Factor ETF
IMTM
$4.27B
| $287M | 0.16% |
9,578,035
+3,164,433
| +49% | +$103M |
|
114
Procter & Gamble
PG
$339B
| $282M | 0.16% |
1,959,454
+156,803
| +9% | +$23.6M |
|
115
Danaher
DHR
$143B
| $277M | 0.16% |
1,234,379
+3,188
| +0.3% | +$734K |
|
116
Xtrackers MSCI EAFE Hedged Equity ETF
DBEF
$9.21B
| $277M | 0.15% |
7,960,080
-294,116
| -4% | -$10.8M |
|
117
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23.4B
| $275M | 0.15% |
5,442,693
-1,197,625
| -18% | -$61M |
|
118
State Street Financial Select Sector SPDR ETF
XLF
$54.5B
| $272M | 0.15% |
8,660,951
-2,699,394
| -24% | -$93.3M |
|
119
Starbucks
SBUX
$113B
| $272M | 0.15% |
3,564,345
+733,667
| +26% | +$56.3M |
|
120
iShares MSCI Intl Quality Factor ETF
IQLT
$13.8B
| $272M | 0.15% |
8,799,084
+944,026
| +12% | +$31.7M |
|
121
Vanguard Morningstar Large-Cap ETF
VV
$53.9B
| $272M | 0.15% |
1,577,035
+16,135
| +1% | +$3.03M |
|
122
Costco
COST
$408B
| $271M | 0.15% |
566,063
-10,534
| -2% | -$5.34M |
|
123
Vanguard Dividend Appreciation ETF
VIG
$111B
| $271M | 0.15% |
1,888,872
+108,775
| +6% | +$16.6M |
|
124
Medtronic
MDT
$120B
| $267M | 0.15% |
2,972,907
+133,036
| +5% | +$13.5M |
|
125
RTX Corp
RTX
$263B
| $267M | 0.15% |
2,774,188
+543,030
| +24% | +$52.2M |
|
Similar funds
Envestnet Asset Management's Q2 2022 Portfolio in Review
As of Q2 2022, Envestnet Asset Management held 4,157 positions worth $179B, down 10% from $199B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Envestnet Asset Management deployed $6.65B of net new capital in Q2 2022, opening 232 new positions and adding to 2,163 existing holdings. Its largest new stake was Dimensional US Marketwide Value ETF: 7,369,931 shares worth $233M.
By sector, the portfolio is most concentrated in Miscellaneous at 73% of assets, up from 72% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Schwab Fundamental US Large Company Index ETF, an estimated $887M trimmed.
- Envestnet Asset Management's largest Q2 2022 buy was Dimensional US Marketwide Value ETF: 7,369,931 shares worth $233M.
- Envestnet Asset Management added most to iShares Core S&P Total US Stock Market ETF in Q2 2022, an estimated $1.41B increase.
- Envestnet Asset Management's biggest Q2 2022 reduction was Schwab Fundamental US Large Company Index ETF, cutting an estimated $887M.
- Envestnet Asset Management fully exited Discovery, Inc. Series C Common Stock in Q2 2022, selling an estimated $63.9M.
- Envestnet Asset Management's ten largest holdings make up 25% of its $179B portfolio in Q2 2022.
- Envestnet Asset Management opened 232 new positions and closed 246 in Q2 2022.
- Envestnet Asset Management's portfolio value fell 10% quarter-over-quarter to $179B.
Based on Envestnet Asset Management's 13F filing for Q2 2022, filed 3 Aug 2022.