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
|
+$705M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$612M |
| 3 |
WisdomTree Trust WisdomTree US Quality Dividend Growth Fund
DGRW
|
+$330M |
| 4 |
iShares US Treasury Bond ETF
GOVT
|
+$302M |
| 5 |
iShares MSCI USA Momentum Factor ETF
MTUM
|
+$274M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 400 Mid Cap Growth ETF
MDYG
|
+$417M |
| 2 |
iShares 7-10 Year Treasury Bond ETF
IEF
|
+$294M |
| 3 |
State Street SPDR Portfolio Intermediate Term Treasury ETF
SPTI
|
+$280M |
| 4 |
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
|
+$173M |
| 5 |
Vanguard Morningstar Growth ETF
VUG
|
+$169M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 5.77% |
| 2 | Healthcare | 4.09% |
| 3 | Financials | 3.13% |
| 4 | Consumer Discretionary | 2.74% |
| 5 | Industrials | 2.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
126
Costco
COST
$420B
| $147M | 0.13% |
413,283
+40,489
| +11% | +$13.6M |
|
127
iShares Preferred and Income Securities ETF
PFF
$13.2B
| $146M | 0.13% |
4,013,992
+60,968
| +2% | +$2.19M |
|
128
Xtrackers USD High Yield Corporate Bond ETF
HYLB
$3.48B
| $144M | 0.13% |
3,748,539
+729,373
| +24% | +$28.1M |
|
129
iShares Russell 2000 Value ETF
IWN
$14.6B
| $143M | 0.13% |
1,443,273
-2,859
| -0.2% | -$290K |
|
130
State Street Technology Select Sector SPDR ETF
XLK
$123B
| $143M | 0.13% |
2,450,454
-211,928
| -8% | -$12M |
|
131
AT&T
T
$163B
| $143M | 0.13% |
6,626,060
+8,238
| +0.1% | +$184K |
|
132
iShares MSCI EAFE Small-Cap ETF
SCZ
$13.6B
| $140M | 0.12% |
2,374,176
-206,548
| -8% | -$11.8M |
|
133
Lowe's Companies
LOW
$125B
| $139M | 0.12% |
838,666
-16,488
| -2% | -$2.54M |
|
134
iShares Gold Trust
IAU
$64.4B
| $139M | 0.12% |
3,862,153
+309,331
| +9% | +$11.3M |
|
135
Dollar General
DG
$27.9B
| $138M | 0.12% |
658,875
+5,573
| +0.9% | +$1.1M |
|
136
iShares MSCI ACWI ETF
ACWI
$33.4B
| $137M | 0.12% |
1,710,102
-53,617
| -3% | -$4.25M |
|
137
Amgen
AMGN
$222B
| $136M | 0.12% |
534,722
+9,021
| +2% | +$2.23M |
|
138
State Street SPDR Portfolio Long Term Treasury ETF
SPTL
$10.8B
| $136M | 0.12% |
2,905,066
+599,417
| +26% | +$28.4M |
|
139
iShares MSCI Intl Momentum Factor ETF
IMTM
$4.27B
| $135M | 0.12% |
3,978,722
+417,727
| +12% | +$14M |
|
140
iShares MSCI Intl Quality Factor ETF
IQLT
$14.2B
| $135M | 0.12% |
4,310,606
+401,380
| +10% | +$12.5M |
|
141
iShares S&P Mid-Cap 400 Growth ETF
IJK
$11.2B
| $134M | 0.12% |
2,247,252
-53,244
| -2% | -$3.17M |
|
142
Texas Instruments
TXN
$261B
| $134M | 0.12% |
938,979
+17,647
| +2% | +$2.4M |
|
143
State Street SPDR Portfolio Aggregate Bond ETF
SPAB
$9.94B
| $131M | 0.12% |
4,258,577
+309,003
| +8% | +$9.57M |
|
144
Vanguard Information Technology ETF
VGT
$149B
| $130M | 0.12% |
3,349,240
-84,024
| -2% | -$3.16M |
|
145
iShares Select Dividend ETF
DVY
$23.6B
| $130M | 0.12% |
1,595,628
-53,696
| -3% | -$4.48M |
|
146
Philip Morris
PM
$295B
| $130M | 0.12% |
1,731,886
+71,834
| +4% | +$5.54M |
|
147
iShares S&P Small-Cap 600 Value ETF
IJS
$8.37B
| $128M | 0.11% |
2,097,020
+1,766
| +0.1% | +$111K |
|
148
JPMorgan Ultra-Short Income ETF
JPST
$40.6B
| $128M | 0.11% |
2,524,051
-66,683
| -3% | -$3.39M |
|
149
Invesco FTSE RAFI US 1000 ETF
PRF
$10B
| $128M | 0.11% |
5,627,230
-1,146,600
| -17% | -$26.2M |
|
150
Chevron
CVX
$366B
| $125M | 0.11% |
1,732,876
+59,464
| +4% | +$5M |
|
Similar funds
Envestnet Asset Management's Q3 2020 Portfolio in Review
As of Q3 2020, Envestnet Asset Management held 3,254 positions worth $113B, up 10% from $102B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Envestnet Asset Management deployed $4.75B of net new capital in Q3 2020, opening 193 new positions and adding to 1,654 existing holdings. Its largest new stake was American Century Large Cap Equity ETF: 1,912,440 shares worth $81.5M.
By sector, the portfolio is most concentrated in Technology at 5.8% of assets, up from 5.8% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was State Street SPDR S&P 400 Mid Cap Growth ETF, an estimated $417M trimmed.
- Envestnet Asset Management's largest Q3 2020 buy was American Century Large Cap Equity ETF: 1,912,440 shares worth $81.5M.
- Envestnet Asset Management added most to iShares Core S&P 500 ETF in Q3 2020, an estimated $705M increase.
- Envestnet Asset Management's biggest Q3 2020 reduction was State Street SPDR S&P 400 Mid Cap Growth ETF, cutting an estimated $417M.
- Envestnet Asset Management fully exited CMC Materials, Inc. Common Stock in Q3 2020, selling an estimated $9.9M.
- Envestnet Asset Management's ten largest holdings make up 25% of its $113B portfolio in Q3 2020.
- Envestnet Asset Management opened 193 new positions and closed 159 in Q3 2020.
- Envestnet Asset Management's portfolio value rose 10% quarter-over-quarter to $113B.
Based on Envestnet Asset Management's 13F filing for Q3 2020, filed 9 Oct 2020.