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 | |
|---|---|---|---|---|---|---|
151
iShares MSCI Emerging Markets ETF
EEM
$30B
| $124M | 0.11% |
2,810,802
-70,078
| -2% | -$3.07M |
|
152
iShares MSCI EAFE Value ETF
EFV
$30.2B
| $123M | 0.11% |
3,057,366
-67,923
| -2% | -$2.81M |
|
153
Walt Disney
DIS
$181B
| $123M | 0.11% |
993,967
-29,496
| -3% | -$3.69M |
|
154
Intel
INTC
$513B
| $123M | 0.11% |
2,370,631
-155,201
| -6% | -$8.07M |
|
155
Vanguard Morningstar Mid-Cap Value ETF
VOE
$24.2B
| $122M | 0.11% |
1,202,516
-304,995
| -20% | -$30.9M |
|
156
United Parcel Service
UPS
$88.9B
| $121M | 0.11% |
727,569
-5,843
| -0.8% | -$851K |
|
157
Alibaba
BABA
$308B
| $121M | 0.11% |
410,807
-4,872
| -1% | -$1.28M |
|
158
iShares MSCI Intl Value Factor ETF
IVLU
$4.56B
| $120M | 0.11% |
6,150,028
+436,810
| +8% | +$8.72M |
|
159
Qualcomm
QCOM
$176B
| $119M | 0.11% |
1,012,972
-16,083
| -2% | -$1.72M |
|
160
iShares US Small Cap Equity Factor ETF
SMLF
$4.3B
| $119M | 0.11% |
3,183,147
+170,623
| +6% | +$6.39M |
|
161
Broadcom
AVGO
$2.04T
| $117M | 0.1% |
3,208,870
+408,140
| +15% | +$13.7M |
|
162
Air Products & Chemicals
APD
$67.6B
| $115M | 0.1% |
386,211
+44,887
| +13% | +$12.9M |
|
163
iShares Floating Rate Bond ETF
FLOT
$10.5B
| $112M | 0.1% |
2,210,512
-122,727
| -5% | -$6.22M |
|
164
Schwab US Large- Cap ETF
SCHX
$74.6B
| $111M | 0.1% |
8,279,160
+2,895,858
| +54% | +$38.5M |
|
165
iShares ESG Aware MSCI EAFE ETF
ESGD
$12.3B
| $110M | 0.1% |
1,740,345
+271,371
| +18% | +$17.3M |
|
166
iShares S&P Small-Cap 600 Growth ETF
IJT
$8.41B
| $109M | 0.1% |
1,239,556
-1,391,322
| -53% | -$124M |
|
167
First Trust Value Line Dividend Fund
FVD
$8.4B
| $109M | 0.1% |
3,449,968
+102,960
| +3% | +$3.27M |
|
168
Invesco Senior Loan ETF
BKLN
$6.74B
| $108M | 0.1% |
4,978,696
-243,155
| -5% | -$5.28M |
|
169
iShares Broad USD Investment Grade Corporate Bond ETF
USIG
$17.4B
| $107M | 0.09% |
1,754,400
+333,968
| +24% | +$20.5M |
|
170
Crown Castle
CCI
$32.2B
| $106M | 0.09% |
633,923
+27,114
| +4% | +$4.47M |
|
171
ServiceNow
NOW
$129B
| $105M | 0.09% |
1,083,810
+91,020
| +9% | +$8.13M |
|
172
iShares Russell Mid-Cap Value ETF
IWS
$15.9B
| $104M | 0.09% |
1,290,054
-41,860
| -3% | -$3.39M |
|
173
State Street SPDR Portfolio Intermediate Term Corporate Bond ETF
SPIB
$11.5B
| $102M | 0.09% |
2,784,982
+128,246
| +5% | +$4.72M |
|
174
Target
TGT
$68B
| $102M | 0.09% |
648,748
+5,551
| +0.9% | +$762K |
|
175
Lockheed Martin
LMT
$136B
| $101M | 0.09% |
263,832
+17,223
| +7% | +$6.57M |
|
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.