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
|
+$3.32B |
| 2 |
Invesco NASDAQ 100 ETF
QQQM
|
+$1.35B |
| 3 |
iShares S&P 500 Growth ETF
IVW
|
+$1.35B |
| 4 |
iShares MSCI EAFE Growth ETF
EFG
|
+$991M |
| 5 |
iShares Core S&P Small-Cap ETF
IJR
|
+$909M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI EAFE Value ETF
EFV
|
+$632M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$579M |
| 3 |
iShares Global Energy ETF
IXC
|
+$304M |
| 4 |
iShares Currency Hedged MSCI EAFE ETF
HEFA
|
+$246M |
| 5 |
State Street SPDR S&P 400 Mid Cap Growth ETF
MDYG
|
+$243M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 9.34% |
| 2 | Financials | 5.11% |
| 3 | Healthcare | 4.83% |
| 4 | Industrials | 3.81% |
| 5 | Consumer Discretionary | 3.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1251
Cloudflare
NET
$111B
| $16.2M | 0.01% |
195,791
+4,682
| +2% | +$378K |
|
1252
Dimensional Emerging Markets Core Equity 2 ETF
DFEM
$9.19B
| $16.2M | 0.01% |
605,833
+70,147
| +13% | +$1.84M |
|
1253
Zimmer Biomet
ZBH
$18.7B
| $16.2M | 0.01% |
148,947
-37,634
| -20% | -$4.44M |
|
1254
Vanguard Total Corporate Bond ETF
VTC
$1.71B
| $16.2M | 0.01% |
213,348
-13,090
| -6% | -$987K |
|
1255
Workiva
WK
$3.66B
| $16M | 0.01% |
219,218
-16,136
| -7% | -$1.27M |
|
1256
iShares iBonds Dec 2029 Term Muni Bond ETF
IBMR
$471M
| $15.9M | 0.01% |
641,230
+37,573
| +6% | +$935K |
|
1257
Principal Exchange-Traded Funds Principal Quality ETF
PSET
$29.3M
| $15.9M | 0.01% |
232,913
+23,372
| +11% | +$1.55M |
|
1258
Standex International
SXI
$3.98B
| $15.9M | 0.01% |
98,671
+4,768
| +5% | +$807K |
|
|
CPNJ
1259
Calamos Nasdaq-100 Structured Alt Protection ETF - June
CPNJ
$41.5M
| $15.9M | 0.01% |
+661,691
| New | +$15.8M |
|
1260
DTE Energy
DTE
$28.5B
| $15.9M | 0.01% |
143,057
+10,632
| +8% | +$1.19M |
|
1261
Planet Fitness
PLNT
$3.7B
| $15.8M | 0.01% |
215,298
-10,735
| -5% | -$696K |
|
1262
FT Vest US Equity Buffer ETF June
FJUN
$1.4B
| $15.8M | 0.01% |
327,146
+88,096
| +37% | +$4.17M |
|
1263
Essex Property Trust
ESS
$18.2B
| $15.8M | 0.01% |
58,148
-6,830
| -11% | -$1.75M |
|
1264
First Trust Global Tactical Commodity Strategy Fund
FTGC
$3.09B
| $15.8M | 0.01% |
660,673
-54,445
| -8% | -$1.32M |
|
1265
PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund
MUNI
$3.12B
| $15.8M | 0.01% |
303,404
+25,244
| +9% | +$1.31M |
|
1266
BlackLine
BL
$1.7B
| $15.8M | 0.01% |
325,915
-20,598
| -6% | -$1.13M |
|
1267
Dimensional Core Fixed Income ETF
DFCF
$10.9B
| $15.7M | 0.01% |
379,103
-80,679
| -18% | -$3.34M |
|
1268
VanEck Merk Gold Trust
OUNZ
$2.72B
| $15.7M | 0.01% |
699,438
+289,147
| +70% | +$6.53M |
|
1269
United Therapeutics
UTHR
$22.7B
| $15.6M | 0.01% |
48,981
+5,531
| +13% | +$1.46M |
|
1270
Cincinnati Financial
CINF
$26.7B
| $15.6M | 0.01% |
131,976
+25,937
| +24% | +$3.04M |
|
1271
Idacorp
IDA
$8.08B
| $15.6M | 0.01% |
167,113
+5,056
| +3% | +$475K |
|
|
PDX
1272
PIMCO Dynamic Income Strategy Fund
PDX
$961M
| $15.5M | 0.01% |
696,077
+137,504
| +25% | +$2.93M |
|
1273
EXL Service
EXLS
$5.32B
| $15.5M | 0.01% |
493,621
+11,924
| +2% | +$358K |
|
1274
Aramark
ARMK
$14.6B
| $15.4M | 0.01% |
452,490
+274,780
| +155% | +$8.92M |
|
1275
MPLX
MPLX
$59.5B
| $15.4M | 0.01% |
361,257
+104,218
| +41% | +$4.29M |
|
Similar funds
Envestnet Asset Management's Q2 2024 Portfolio in Review
As of Q2 2024, Envestnet Asset Management held 4,343 positions worth $287B, up 7.2% from $268B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Envestnet Asset Management deployed $16.4B of net new capital in Q2 2024, opening 173 new positions and adding to 2,304 existing holdings. Its largest new stake was BlackRock ETF Trust II iShares AAA CLO Active ETF: 822,748 shares worth $42.7M.
By sector, the portfolio is most concentrated in Technology at 9.3% of assets, up from 9.1% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was iShares MSCI EAFE Value ETF, an estimated $632M trimmed.
- Envestnet Asset Management's largest Q2 2024 buy was BlackRock ETF Trust II iShares AAA CLO Active ETF: 822,748 shares worth $42.7M.
- Envestnet Asset Management added most to iShares Core S&P 500 ETF in Q2 2024, an estimated $3.32B increase.
- Envestnet Asset Management's biggest Q2 2024 reduction was iShares MSCI EAFE Value ETF, cutting an estimated $632M.
- Envestnet Asset Management fully exited Pioneer Natural Resource Co. in Q2 2024, selling an estimated $35.1M.
- Envestnet Asset Management's ten largest holdings make up 22% of its $287B portfolio in Q2 2024.
- Envestnet Asset Management opened 173 new positions and closed 185 in Q2 2024.
- Envestnet Asset Management's portfolio value rose 7.2% quarter-over-quarter to $287B.
Based on Envestnet Asset Management's 13F filing for Q2 2024, filed 8 Aug 2024.