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 | |
|---|---|---|---|---|---|---|
1551
Cavco Industries
CVCO
$4.52B
| $6.56M | ﹤0.01% |
22,241
-40,397
| -64% | -$11.6M |
|
1552
Radian Group
RDN
$4.89B
| $6.54M | ﹤0.01% |
258,893
-478,178
| -65% | -$11.8M |
|
1553
DoubleLine Opportunistic Bond ETF
DBND
$754M
| $6.53M | ﹤0.01% |
141,449
+105,140
| +290% | +$4.88M |
|
1554
WisdomTree US High Dividend Fund
DHS
$1.58B
| $6.53M | ﹤0.01% |
82,054
-81,134
| -50% | -$6.49M |
|
1555
Sprott Physical Silver Trust
PSLV
$13.6B
| $6.51M | ﹤0.01% |
835,220
+71,892
| +9% | +$597K |
|
1556
PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund
CORP
$1.58B
| $6.51M | ﹤0.01% |
68,584
+7,805
| +13% | +$743K |
|
1557
Matador Resources
MTDR
$6.47B
| $6.5M | ﹤0.01% |
124,143
+3,691
| +3% | +$178K |
|
1558
Pembina Pipeline
PBA
$28.1B
| $6.49M | ﹤0.01% |
206,516
+4,388
| +2% | +$140K |
|
1559
Invesco S&P SmallCap Value with Momentum ETF
XSVM
$668M
| $6.49M | ﹤0.01% |
139,663
+7,207
| +5% | +$322K |
|
1560
Erie Indemnity
ERIE
$13.2B
| $6.48M | ﹤0.01% |
30,860
+1
| +0% | +$223 |
|
1561
Cogent Communications
CCOI
$514M
| $6.47M | ﹤0.01% |
96,096
+3,745
| +4% | +$245K |
|
1562
Alarm.com
ALRM
$2.8B
| $6.46M | ﹤0.01% |
124,980
+2,162
| +2% | +$106K |
|
1563
Southwest Airlines
LUV
$22.4B
| $6.45M | ﹤0.01% |
178,237
+15,212
| +9% | +$477K |
|
|
HDUS
1564
Hartford Disciplined US Equity ETF
HDUS
$212M
| $6.45M | ﹤0.01% |
+146,700
| New | +$6.14M |
|
1565
Antero Midstream
AM
$10.4B
| $6.44M | ﹤0.01% |
555,075
+9,609
| +2% | +$102K |
|
1566
WBI BullBear Yield 3000 ETF
WBIG
$32.4M
| $6.44M | ﹤0.01% |
276,976
-28,235
| -9% | -$630K |
|
1567
Digi International
DGII
$3.16B
| $6.43M | ﹤0.01% |
163,353
-13,585
| -8% | -$467K |
|
1568
Descartes Systems
DSGX
$6.84B
| $6.43M | ﹤0.01% |
80,246
+14,377
| +22% | +$1.12M |
|
1569
Leslie's
LESL
$11.5M
| $6.43M | ﹤0.01% |
34,225
+1,653
| +5% | +$341K |
|
1570
Pacer Lunt Large Cap Alternator ETF
ALTL
$91.4M
| $6.42M | ﹤0.01% |
171,075
-19,416
| -10% | -$701K |
|
1571
WisdomTree US SmallCap Earnings Fund
EES
$728M
| $6.39M | ﹤0.01% |
142,574
-9,219
| -6% | -$393K |
|
1572
Janus Henderson Short Duration Income ETF
VNLA
$3.35B
| $6.38M | ﹤0.01% |
133,592
+4,284
| +3% | +$205K |
|
1573
Worthington Enterprises
WOR
$2.8B
| $6.38M | ﹤0.01% |
148,986
+9,017
| +6% | +$334K |
|
1574
iPath Bloomberg Commodity Index Total Return ETN due 12 June 2036
DJP
$815M
| $6.35M | ﹤0.01% |
207,759
-9,485
| -4% | -$293K |
|
1575
Cohen & Steers
CNS
$4.35B
| $6.33M | ﹤0.01% |
109,240
+8,182
| +8% | +$478K |
|
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.