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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$10.9B |
| 2 |
Vanguard S&P 500 ETF
VOO
|
+$10.5B |
| 3 |
NVR
NVR
|
+$7.08B |
| 4 |
Vanguard Morningstar Large-Cap ETF
VV
|
+$5.07B |
| 5 |
iShares Russell 1000 ETF
IWB
|
+$4.99B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares ESG Aware MSCI USA ETF
ESGU
|
+$2.68B |
| 2 |
iShares MSCI Emerging Markets Min Vol Factor ETF
EEMV
|
+$1.48B |
| 3 |
iShares 0-5 Year High Yield Corporate Bond ETF
SHYG
|
+$1B |
| 4 |
State Street SPDR Portfolio S&P 500 Value ETF
SPYV
|
+$733M |
| 5 |
iShares MSCI EAFE Value ETF
EFV
|
+$602M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 72.41% |
| 2 | Technology | 6.42% |
| 3 | Healthcare | 4.3% |
| 4 | Financials | 3.85% |
| 5 | Industrials | 2.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$68.7B
| $345M | 0.17% |
4,304,401
-129,798
| -3% | -$10.3M |
|
102
State Street SPDR Portfolio Intermediate Term Treasury ETF
SPTI
$10.5B
| $343M | 0.16% |
11,850,685
+8,233,075
| +228% | +$235M |
|
103
Adobe
ADBE
$106B
| $338M | 0.16% |
877,640
+13,244
| +2% | +$4.71M |
|
104
Berkshire Hathaway Class B
BRK.B
$1.1T
| $334M | 0.16% |
1,080,928
+18,325
| +2% | +$5.65M |
|
105
Thermo Fisher Scientific
TMO
$227B
| $329M | 0.16% |
571,288
-42,418
| -7% | -$23.9M |
|
106
ExxonMobil
XOM
$679B
| $328M | 0.16% |
8,740,551
+5,711,599
| +189% | +$632M |
|
107
RTX Corp
RTX
$263B
| $327M | 0.16% |
3,337,449
-167,275
| -5% | -$16.5M |
|
108
iShares MSCI Intl Quality Factor ETF
IQLT
$13.8B
| $324M | 0.16% |
9,175,681
-614,170
| -6% | -$21.1M |
|
109
Vanguard Real Estate ETF
VNQ
$37.3B
| $320M | 0.15% |
3,859,264
+346,975
| +10% | +$29.8M |
|
110
Procter & Gamble
PG
$339B
| $316M | 0.15% |
2,123,110
+16,050
| +0.8% | +$2.29M |
|
111
Meta Platforms (Facebook)
META
$1.7T
| $314M | 0.15% |
5,989,090
+4,613,965
| +336% | +$786M |
|
112
Nike
NKE
$55B
| $312M | 0.15% |
2,545,081
+116,849
| +5% | +$14.4M |
|
113
Union Pacific
UNP
$169B
| $310M | 0.15% |
1,538,922
+105,738
| +7% | +$21.4M |
|
114
Vanguard Tax-Exempt Bond Index Fund
VTEB
$45.4B
| $309M | 0.15% |
6,106,861
+422,017
| +7% | +$21.2M |
|
115
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$6.79B
| $309M | 0.15% |
3,326,292
-1,062,416
| -24% | -$97.6M |
|
116
State Street Communication Services Select Sector SPDR ETF
XLC
$23.3B
| $306M | 0.15% |
5,279,898
+346,120
| +7% | +$18.8M |
|
117
Coca-Cola
KO
$384B
| $304M | 0.15% |
4,907,526
+415,708
| +9% | +$25.2M |
|
118
State Street Utilities Select Sector SPDR ETF
XLU
$21.7B
| $302M | 0.15% |
8,920,526
+164,908
| +2% | +$5.59M |
|
119
Medtronic
MDT
$120B
| $301M | 0.14% |
3,734,753
+512,433
| +16% | +$41.8M |
|
120
iShares Currency Hedged MSCI EAFE ETF
HEFA
$7.44B
| $299M | 0.14% |
10,145,399
+1,163,410
| +13% | +$33.6M |
|
121
Verizon
VZ
$213B
| $298M | 0.14% |
7,667,832
+1,439,462
| +23% | +$56.8M |
|
122
iShares MSCI EAFE Min Vol Factor ETF
EFAV
$5.48B
| $295M | 0.14% |
4,363,530
+434,479
| +11% | +$28.6M |
|
123
Vanguard Dividend Appreciation ETF
VIG
$111B
| $288M | 0.14% |
1,872,434
+46,639
| +3% | +$7.14M |
|
124
Analog Devices
ADI
$175B
| $288M | 0.14% |
6,144,344
+4,810,035
| +360% | +$862M |
|
125
United Parcel Service
UPS
$87.2B
| $285M | 0.14% |
1,513,079
+212,687
| +16% | +$39M |
|
Similar funds
Envestnet Asset Management's Q1 2023 Portfolio in Review
As of Q1 2023, Envestnet Asset Management held 4,198 positions worth $208B, up 7.7% from $193B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Envestnet Asset Management deployed $124B of net new capital in Q1 2023, opening 253 new positions and adding to 2,493 existing holdings. Its largest new stake was Spire: 573,721 shares worth $149K.
By sector, the portfolio is most concentrated in Miscellaneous at 72% of assets, down from 72% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was iShares ESG Aware MSCI USA ETF, an estimated $2.68B trimmed.
- Envestnet Asset Management's largest Q1 2023 buy was Spire: 573,721 shares worth $149K.
- Envestnet Asset Management added most to State Street SPDR S&P 500 ETF Trust in Q1 2023, an estimated $10.9B increase.
- Envestnet Asset Management's biggest Q1 2023 reduction was iShares ESG Aware MSCI USA ETF, cutting an estimated $2.68B.
- Envestnet Asset Management fully exited Canadian Pacific Kansas City in Q1 2023, selling an estimated $74.5M.
- Envestnet Asset Management's ten largest holdings make up 25% of its $208B portfolio in Q1 2023.
- Envestnet Asset Management opened 253 new positions and closed 232 in Q1 2023.
- Envestnet Asset Management's portfolio value rose 7.7% quarter-over-quarter to $208B.
Based on Envestnet Asset Management's 13F filing for Q1 2023, filed 11 May 2023.