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 | |
|---|---|---|---|---|---|---|
|
SWAV
1626
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
| $5.78M | ﹤0.01% |
20,262
-250,934
| -93% | -$69.7M |
|
1627
BioMarin Pharmaceuticals
BMRN
$13.4B
| $5.78M | ﹤0.01% |
66,705
+8,339
| +14% | +$785K |
|
1628
Pinterest
PINS
$13.4B
| $5.78M | ﹤0.01% |
211,381
-399,970
| -65% | -$9.97M |
|
1629
Gildan
GIL
$10.8B
| $5.76M | ﹤0.01% |
178,554
-34,798
| -16% | -$1.07M |
|
1630
First Trust NASDAQ Clean Edge Green Energy Index Fund
QCLN
$627M
| $5.72M | ﹤0.01% |
111,889
+768
| +0.7% | +$37.1K |
|
1631
Invesco DB Agriculture Fund
DBA
$1.23B
| $5.72M | ﹤0.01% |
271,569
+10,644
| +4% | +$223K |
|
1632
PIMCO Short Term Municipal Bond Active Exchange-Traded Fund
SMMU
$1.17B
| $5.72M | ﹤0.01% |
115,485
+11,519
| +11% | +$571K |
|
1633
Vornado Realty Trust
VNO
$7.31B
| $5.72M | ﹤0.01% |
315,182
+7,320
| +2% | +$108K |
|
1634
abrdn Bloomberg All Commodity Strategy K-1 Free ETF
BCI
$3.08B
| $5.71M | ﹤0.01% |
283,294
-66,332
| -19% | -$1.35M |
|
1635
VF Corp
VFC
$5.85B
| $5.71M | ﹤0.01% |
299,024
+90,200
| +43% | +$1.85M |
|
|
STR
1636
DELISTED
Sitio Royalties
STR
| $5.69M | ﹤0.01% |
216,650
-18,669
| -8% | -$478K |
|
1637
Teck Resources
TECK
$32.5B
| $5.69M | ﹤0.01% |
135,152
+44,428
| +49% | +$1.91M |
|
1638
Invesco Large Cap Growth ETF
PWB
$2.4B
| $5.68M | ﹤0.01% |
80,414
+8,800
| +12% | +$584K |
|
1639
Franklin US Large Cap Multifactor Index ETF
FLQL
$2.1B
| $5.68M | ﹤0.01% |
126,802
+5,987
| +5% | +$253K |
|
1640
Iridium Communications
IRDM
$5.18B
| $5.66M | ﹤0.01% |
91,167
+7,846
| +9% | +$485K |
|
1641
ORIX
IX
$43.2B
| $5.65M | ﹤0.01% |
309,970
-1,225,215
| -80% | -$21.2M |
|
1642
NRG Energy
NRG
$25.3B
| $5.65M | ﹤0.01% |
151,160
+2,173
| +1% | +$74K |
|
1643
Moelis & Co
MC
$4.94B
| $5.64M | ﹤0.01% |
124,323
+8,674
| +8% | +$346K |
|
1644
Glaukos
GKOS
$10.7B
| $5.62M | ﹤0.01% |
78,950
+4,776
| +6% | +$274K |
|
1645
Capital Group Short Duration Income ETF
CGSD
$2.44B
| $5.6M | ﹤0.01% |
223,180
+163,193
| +272% | +$4.16M |
|
1646
First Trust Financials AlphaDEX Fund
FXO
$1.14B
| $5.6M | ﹤0.01% |
148,515
-1,338
| -0.9% | -$49.2K |
|
1647
WisdomTree International SmallCap Dividend Fund
DLS
$1.07B
| $5.58M | ﹤0.01% |
93,894
-180,934
| -66% | -$11M |
|
1648
Unum
UNM
$14.4B
| $5.57M | ﹤0.01% |
116,873
-438,517
| -79% | -$19.1M |
|
1649
iShares Core 10+ Year USD Bond ETF
ILTB
$592M
| $5.5M | ﹤0.01% |
104,625
+27,722
| +36% | +$1.46M |
|
1650
State Street SPDR MSCI Emerging Markets StrategicFactors ETF
QEMM
$60.1M
| $5.5M | ﹤0.01% |
99,210
+84,876
| +592% | +$4.72M |
|
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.