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 | |
|---|---|---|---|---|---|---|
1376
Onto Innovation
ONTO
$14.3B
| $8.76M | ﹤0.01% |
75,184
-451,832
| -86% | -$43.1M |
|
1377
Nuveen ESG High Yield Corporate Bond ETF
NUHY
$111M
| $8.73M | ﹤0.01% |
424,862
+19,353
| +5% | +$396K |
|
1378
Schneider National
SNDR
$6.18B
| $8.72M | ﹤0.01% |
303,473
-643,185
| -68% | -$17.1M |
|
|
CYBR
1379
DELISTED
CyberArk
CYBR
| $8.71M | ﹤0.01% |
55,747
+4,117
| +8% | +$589K |
|
1380
Evertec
EVTC
$1.77B
| $8.7M | ﹤0.01% |
236,310
+1,054
| +0.4% | +$36.5K |
|
1381
First Trust North American Energy Infrastructure Fund
EMLP
$4.1B
| $8.7M | ﹤0.01% |
322,162
+16,969
| +6% | +$456K |
|
1382
Vanguard S&P Small-Cap 600 ETF
VIOO
$4.3B
| $8.7M | ﹤0.01% |
94,638
+2,498
| +3% | +$219K |
|
1383
Invesco International Dividend Achievers ETF
PID
$915M
| $8.69M | ﹤0.01% |
481,632
+9,922
| +2% | +$179K |
|
1384
Waters Corp
WAT
$40.4B
| $8.67M | ﹤0.01% |
32,511
+6,906
| +27% | +$1.92M |
|
1385
Rocket Companies
RKT
$39B
| $8.61M | ﹤0.01% |
960,526
-799,946
| -45% | -$6.96M |
|
|
HFRO
1386
Highland Opportunities and Income Fund
HFRO
$407M
| $8.59M | ﹤0.01% |
951,528
+147,916
| +18% | +$1.29M |
|
1387
Novanta
NOVT
$6.2B
| $8.53M | ﹤0.01% |
46,354
+3,928
| +9% | +$643K |
|
1388
VictoryShares US 500 Volatility Wtd ETF
CFA
$550M
| $8.53M | ﹤0.01% |
119,960
+2,142
| +2% | +$147K |
|
1389
Invesco Dorsey Wright Momentum ETF
PDP
$1.49B
| $8.49M | ﹤0.01% |
104,740
+11,910
| +13% | +$904K |
|
1390
EXL Service
EXLS
$5.32B
| $8.48M | ﹤0.01% |
280,850
-28,320
| -9% | -$893K |
|
1391
First Trust Materials AlphaDEX Fund
FXZ
$391M
| $8.48M | ﹤0.01% |
132,154
-19,457
| -13% | -$1.21M |
|
1392
Stevanato
STVN
$5.62B
| $8.47M | ﹤0.01% |
261,602
-17,610
| -6% | -$494K |
|
1393
IQ MacKay Municipal Intermediate ETF
MMIT
$1.47B
| $8.44M | ﹤0.01% |
346,623
-23,333
| -6% | -$569K |
|
1394
Annaly Capital Management
NLY
$17.3B
| $8.44M | ﹤0.01% |
421,779
-497,884
| -54% | -$9.67M |
|
1395
Builders FirstSource
BLDR
$7.74B
| $8.41M | ﹤0.01% |
61,866
-782,652
| -93% | -$87M |
|
1396
Adaptive Alpha Opportunities ETF
AGOX
$390M
| $8.41M | ﹤0.01% |
358,821
-8,304
| -2% | -$184K |
|
1397
Idacorp
IDA
$8.08B
| $8.4M | ﹤0.01% |
81,856
+1,377
| +2% | +$148K |
|
1398
Molina Healthcare
MOH
$10.4B
| $8.38M | ﹤0.01% |
27,833
+1,690
| +6% | +$486K |
|
1399
John Hancock Multifactor Large Cap ETF
JHML
$1.2B
| $8.38M | ﹤0.01% |
152,685
+2,230
| +1% | +$117K |
|
1400
Palantir
PLTR
$421B
| $8.33M | ﹤0.01% |
543,176
+32,536
| +6% | +$370K |
|
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.