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 | |
|---|---|---|---|---|---|---|
126
iShares Russell 2000 ETF
IWM
$83B
| $427M | 0.15% |
2,102,386
-1,144,307
| -35% | -$231M |
|
127
TJX Companies
TJX
$178B
| $425M | 0.15% |
3,862,145
+544,107
| +16% | +$54.8M |
|
128
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$16.6B
| $418M | 0.15% |
5,413,338
-133,429
| -2% | -$10.3M |
|
129
iShares MSCI USA Min Vol Factor ETF
USMV
$24.2B
| $417M | 0.15% |
4,969,649
-1,418,917
| -22% | -$117M |
|
130
iShares 1-3 Year Treasury Bond ETF
SHY
$25.1B
| $411M | 0.14% |
5,031,184
-100,047
| -2% | -$8.14M |
|
131
NextEra Energy
NEE
$177B
| $410M | 0.14% |
5,783,883
+805,692
| +16% | +$57.2M |
|
|
SCHW
132
Charles Schwab
SCHW
$187B
| $407M | 0.14% |
5,519,303
+71,143
| +1% | +$5.26M |
|
133
JPMorgan Equity Premium Income ETF
JEPI
$45.9B
| $403M | 0.14% |
7,104,167
+539,682
| +8% | +$30.5M |
|
134
Vanguard Morningstar Small-Cap Value ETF
VBR
$37.9B
| $399M | 0.14% |
2,188,628
+15,238
| +0.7% | +$2.81M |
|
135
Zoetis
ZTS
$30B
| $390M | 0.14% |
2,250,793
+208,993
| +10% | +$34.8M |
|
136
Lockheed Martin
LMT
$136B
| $389M | 0.14% |
833,264
+2,942
| +0.4% | +$1.36M |
|
137
iShares TIPS Bond ETF
TIP
$14.5B
| $389M | 0.14% |
3,639,084
+410,284
| +13% | +$43.6M |
|
138
Automatic Data Processing
ADP
$108B
| $381M | 0.13% |
1,597,488
+116,302
| +8% | +$28.6M |
|
139
Vanguard Short-Term Treasury ETF
VGSH
$29.3B
| $381M | 0.13% |
6,572,534
-152,597
| -2% | -$8.82M |
|
140
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$14.7B
| $378M | 0.13% |
4,267,544
-827,099
| -16% | -$73.3M |
|
141
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$33B
| $377M | 0.13% |
3,521,742
-1,531,774
| -30% | -$163M |
|
142
Vanguard Dividend Appreciation ETF
VIG
$114B
| $376M | 0.13% |
2,062,053
+125,155
| +6% | +$22.5M |
|
143
Walt Disney
DIS
$181B
| $373M | 0.13% |
3,752,054
-24,132
| -0.6% | -$2.6M |
|
144
Arthur J. Gallagher & Co
AJG
$63.6B
| $366M | 0.13% |
1,410,349
+50,650
| +4% | +$12.6M |
|
145
iShares Core S&P US Value ETF
IUSV
$27.7B
| $365M | 0.13% |
4,137,440
+298,653
| +8% | +$26.3M |
|
146
ASML
ASML
$669B
| $362M | 0.13% |
353,748
-22,774
| -6% | -$21.9M |
|
147
Vanguard Russell 1000 Growth ETF
VONG
$45B
| $361M | 0.13% |
3,849,814
-8,151
| -0.2% | -$716K |
|
148
iShares Russell Mid-Cap ETF
IWR
$57.4B
| $357M | 0.12% |
4,403,601
+45,347
| +1% | +$3.69M |
|
149
Lowe's Companies
LOW
$125B
| $357M | 0.12% |
1,617,849
+90,945
| +6% | +$20.7M |
|
150
Comcast
CMCSA
$90B
| $355M | 0.12% |
9,066,861
-1,150,634
| -11% | -$45M |
|
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.