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 Treasury Floating Rate Bond ETF
TFLO
|
+$1.31B |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$891M |
| 3 |
iShares S&P 500 Growth ETF
IVW
|
+$544M |
| 4 |
iShares MSCI EAFE Value ETF
EFV
|
+$472M |
| 5 |
Invesco BuyBack Achievers ETF
PKW
|
+$446M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares US Treasury Bond ETF
GOVT
|
+$1.51B |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$1.27B |
| 3 |
iShares Russell Top 200 Growth ETF
IWY
|
+$1.26B |
| 4 |
Vanguard Short-Term Bond ETF
BSV
|
+$1.23B |
| 5 |
iShares MSCI USA Quality Factor ETF
QUAL
|
+$1.16B |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.15% |
| 2 | Healthcare | 5.29% |
| 3 | Financials | 5.05% |
| 4 | Industrials | 3.86% |
| 5 | Consumer Discretionary | 3.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
126
Walmart Inc
WMT
$890B
| $314M | 0.14% |
5,891,496
+457,218
| +8% | +$24.3M |
|
127
ConocoPhillips
COP
$141B
| $312M | 0.14% |
2,605,475
+578,264
| +29% | +$67.1M |
|
128
Paychex
PAYX
$42.7B
| $303M | 0.14% |
2,631,066
+554,968
| +27% | +$66.9M |
|
129
iShares Russell Mid-Cap ETF
IWR
$57.5B
| $302M | 0.14% |
4,366,592
-3,782,698
| -46% | -$276M |
|
130
Texas Instruments
TXN
$261B
| $302M | 0.14% |
1,899,673
+488,052
| +35% | +$83.3M |
|
131
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$15B
| $301M | 0.14% |
3,651,821
-374,495
| -9% | -$31.9M |
|
132
Verizon
VZ
$196B
| $300M | 0.14% |
9,261,791
+1,385,957
| +18% | +$46.8M |
|
133
Salesforce
CRM
$158B
| $296M | 0.14% |
1,460,598
+340,631
| +30% | +$73.6M |
|
134
JPMorgan Equity Premium Income ETF
JEPI
$45.9B
| $296M | 0.14% |
5,521,187
+1,618,295
| +41% | +$89.2M |
|
135
Arthur J. Gallagher & Co
AJG
$63.6B
| $294M | 0.13% |
1,289,340
+271,225
| +27% | +$60.7M |
|
136
Nike
NKE
$61.9B
| $291M | 0.13% |
3,046,430
+473,983
| +18% | +$48.8M |
|
137
Lowe's Companies
LOW
$125B
| $291M | 0.13% |
1,400,132
+446,708
| +47% | +$100M |
|
138
iShares MSCI USA Value Factor ETF
VLUE
$9.47B
| $291M | 0.13% |
3,207,415
-239,333
| -7% | -$22.6M |
|
139
Vanguard Dividend Appreciation ETF
VIG
$114B
| $290M | 0.13% |
1,867,901
-51,926
| -3% | -$8.42M |
|
140
Coca-Cola
KO
$375B
| $289M | 0.13% |
5,171,208
+672,415
| +15% | +$40.3M |
|
141
Lockheed Martin
LMT
$136B
| $289M | 0.13% |
707,696
+156,842
| +28% | +$69.6M |
|
142
Dimensional International Value ETF
DFIV
$21.7B
| $289M | 0.13% |
8,860,735
+792,059
| +10% | +$26.4M |
|
143
Vanguard Morningstar Large-Cap ETF
VV
$54.5B
| $286M | 0.13% |
1,462,747
-33,698
| -2% | -$6.86M |
|
144
Avantis US Small Cap Equity ETF
AVSC
$3.15B
| $285M | 0.13% |
6,434,685
+2,608,089
| +68% | +$121M |
|
145
Netflix
NFLX
$309B
| $280M | 0.13% |
7,419,940
+1,663,270
| +29% | +$70.5M |
|
146
iShares 5-10 Year Investment Grade Corporate Bond ETF
IGIB
$18.6B
| $279M | 0.13% |
5,739,556
-2,334,145
| -29% | -$116M |
|
147
NextEra Energy
NEE
$177B
| $278M | 0.13% |
4,858,112
+1,365,705
| +39% | +$94.5M |
|
148
iShares Currency Hedged MSCI EAFE ETF
HEFA
$7.76B
| $278M | 0.13% |
9,240,449
-984,643
| -10% | -$29.8M |
|
149
State Street SPDR Portfolio Aggregate Bond ETF
SPAB
$9.94B
| $275M | 0.13% |
11,317,411
+3,193,517
| +39% | +$79.6M |
|
150
Pfizer
PFE
$153B
| $275M | 0.13% |
8,277,307
+1,437,300
| +21% | +$50.8M |
|
Similar funds
Envestnet Asset Management's Q3 2023 Portfolio in Review
As of Q3 2023, Envestnet Asset Management held 4,231 positions worth $219B, down 3.1% from $226B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Envestnet Asset Management's Q3 2023 filing shows 290 new, 2,438 increased, 1,245 reduced and 229 closed positions. Its largest new stake was Dimensional California Municipal Bond ETF: 2,848,993 shares worth $139M. The largest sale was iShares US Treasury Bond ETF, an estimated $1.51B.
By sector, the portfolio is most concentrated in Technology at 8.1% of assets, up from 6.9% a quarter earlier, followed by Healthcare and Financials.
- Envestnet Asset Management's largest Q3 2023 buy was Dimensional California Municipal Bond ETF: 2,848,993 shares worth $139M.
- Envestnet Asset Management added most to iShares Treasury Floating Rate Bond ETF in Q3 2023, an estimated $1.31B increase.
- Envestnet Asset Management's biggest Q3 2023 reduction was iShares US Treasury Bond ETF, cutting an estimated $1.51B.
- Envestnet Asset Management fully exited JPMorgan US Value Factor ETF in Q3 2023, selling an estimated $91.4M.
- Envestnet Asset Management's ten largest holdings make up 21% of its $219B portfolio in Q3 2023.
- Envestnet Asset Management opened 290 new positions and closed 229 in Q3 2023.
- Envestnet Asset Management's portfolio value fell 3.1% quarter-over-quarter to $219B.
Based on Envestnet Asset Management's 13F filing for Q3 2023, filed 13 Nov 2023.