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 US Aggregate Bond ETF
AGG
|
+$745M |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$617M |
| 3 |
iShares MSCI USA Quality Factor ETF
QUAL
|
+$607M |
| 4 |
iShares MSCI Intl Quality Factor ETF
IQLT
|
+$487M |
| 5 |
Dimensional US Core Equity 2 ETF
DFAC
|
+$342M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$11.6B |
| 2 |
Vanguard S&P 500 ETF
VOO
|
+$10.2B |
| 3 |
NVR
NVR
|
+$7.98B |
| 4 |
iShares Russell 1000 ETF
IWB
|
+$5.36B |
| 5 |
Vanguard Morningstar Large-Cap ETF
VV
|
+$5.3B |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 6.88% |
| 2 | Healthcare | 4.17% |
| 3 | Financials | 3.83% |
| 4 | Industrials | 2.97% |
| 5 | Consumer Discretionary | 2.95% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1351
VanEck IG Floating Rate ETF
FLTR
$3.04B
| $9.12M | ﹤0.01% |
361,236
+26,919
| +8% | +$675K |
|
1352
iShares Morningstar Growth ETF
ILCG
$3.26B
| $9.1M | ﹤0.01% |
145,948
+3,560
| +3% | +$205K |
|
1353
Direxion NASDAQ-100 Equal Weighted Index ETF
QQQE
$1.42B
| $9.08M | ﹤0.01% |
117,942
-68,270
| -37% | -$4.96M |
|
|
MRO
1354
DELISTED
Marathon Oil Corporation
MRO
| $9.05M | ﹤0.01% |
393,171
-590,699
| -60% | -$13.9M |
|
1355
News Corp Class A
NWSA
$15.4B
| $9.03M | ﹤0.01% |
463,279
-2,557,886
| -85% | -$46.4M |
|
1356
Ovintiv
OVV
$17.6B
| $9.02M | ﹤0.01% |
237,057
+31,025
| +15% | +$1.12M |
|
|
WIRE
1357
DELISTED
Encore Wire Corp
WIRE
| $9.02M | ﹤0.01% |
48,514
-570,051
| -92% | -$96.5M |
|
1358
iShares Convertible Bond ETF
ICVT
$7.42B
| $8.99M | ﹤0.01% |
117,732
-20,196
| -15% | -$1.47M |
|
1359
Vipshop
VIPS
$7.4B
| $8.98M | ﹤0.01% |
544,068
-1,055,039
| -66% | -$16.5M |
|
1360
First Trust Small Cap Value AlphaDEX Fund
FYT
$199M
| $8.96M | ﹤0.01% |
194,561
+17,473
| +10% | +$776K |
|
1361
Lloyds Banking Group
LYG
$88.8B
| $8.96M | ﹤0.01% |
4,071,446
+729,099
| +22% | +$1.67M |
|
1362
Omnicell
OMCL
$1.7B
| $8.92M | ﹤0.01% |
121,096
+2,161
| +2% | +$146K |
|
1363
ProShares Large Cap Core Plus
CSM
$534M
| $8.91M | ﹤0.01% |
174,683
-46,696
| -21% | -$2.25M |
|
1364
First Citizens BancShares
FCNCA
$25.2B
| $8.91M | ﹤0.01% |
6,939
-134,581
| -95% | -$156M |
|
1365
Privia Health
PRVA
$2.86B
| $8.91M | ﹤0.01% |
341,058
+170,110
| +100% | +$4.49M |
|
1366
Dick's Sporting Goods
DKS
$19.2B
| $8.88M | ﹤0.01% |
67,213
-398,066
| -86% | -$54.5M |
|
1367
ROBO Global Robotics & Automation Index ETF
ROBO
$2.09B
| $8.88M | ﹤0.01% |
151,680
+2,729
| +2% | +$150K |
|
|
IFLN
1368
Invesco Bloomberg Enhanced Fallen Angels ETF
IFLN
$306M
| $8.87M | ﹤0.01% |
507,492
+38,801
| +8% | +$675K |
|
1369
Qualys
QLYS
$6.43B
| $8.87M | ﹤0.01% |
68,668
-37,389
| -35% | -$4.6M |
|
1370
Tapestry
TPR
$33.3B
| $8.83M | ﹤0.01% |
206,255
-457,603
| -69% | -$19.1M |
|
1371
Cable One
CABO
$203M
| $8.78M | ﹤0.01% |
13,363
+460
| +4% | +$310K |
|
1372
First Trust Institutional Preferred Securities and Income ETF
FPEI
$1.94B
| $8.78M | ﹤0.01% |
520,899
+104,865
| +25% | +$1.76M |
|
|
LSI
1373
DELISTED
Life Storage, Inc.
LSI
| $8.77M | ﹤0.01% |
65,968
-8,851
| -12% | -$1.18M |
|
|
BSCO
1374
DELISTED
Invesco BulletShares 2024 Corporate Bond ETF
BSCO
| $8.77M | ﹤0.01% |
426,318
-1,119,048
| -72% | -$23.1M |
|
1375
Vanguard S&P Small-Cap 600 Growth ETF
VIOG
$1.12B
| $8.76M | ﹤0.01% |
88,376
+6,575
| +8% | +$619K |
|
Similar funds
Envestnet Asset Management's Q2 2023 Portfolio in Review
As of Q2 2023, Envestnet Asset Management held 4,151 positions worth $226B, up 8.4% from $208B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Envestnet Asset Management withdrew a net $115B in Q2 2023, closing 210 positions and reducing 1,898 holdings. Its most notable exit was ABB Ltd, an estimated $21.7M position sold in full.
By sector, the portfolio is most concentrated in Technology at 6.9% of assets, up from 6.4% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Envestnet Asset Management opened a new position in ActivePassive US Equity ETF worth $169M.
- Envestnet Asset Management's largest Q2 2023 buy was ActivePassive US Equity ETF: 6,261,189 shares worth $169M.
- Envestnet Asset Management added most to iShares Core US Aggregate Bond ETF in Q2 2023, an estimated $745M increase.
- Envestnet Asset Management's biggest Q2 2023 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $11.6B.
- Envestnet Asset Management fully exited ABB Ltd in Q2 2023, selling an estimated $21.7M.
- Envestnet Asset Management's ten largest holdings make up 25% of its $226B portfolio in Q2 2023.
- Envestnet Asset Management opened 186 new positions and closed 210 in Q2 2023.
- Envestnet Asset Management's portfolio value rose 8.4% quarter-over-quarter to $226B.
Based on Envestnet Asset Management's 13F filing for Q2 2023, filed 4 Aug 2023.