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 Universal USD Bond ETF
IUSB
|
+$2.06B |
| 2 |
iShares MSCI EAFE Value ETF
EFV
|
+$1.8B |
| 3 |
iShares US Treasury Bond ETF
GOVT
|
+$752M |
| 4 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$514M |
| 5 |
iShares Fallen Angels USD Bond ETF
FALN
|
+$494M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$1.08B |
| 2 |
iShares 0-5 Year High Yield Corporate Bond ETF
SHYG
|
+$700M |
| 3 |
iShares Core S&P 500 ETF
IVV
|
+$530M |
| 4 |
iShares MSCI USA Min Vol Factor ETF
USMV
|
+$388M |
| 5 |
iShares MBS ETF
MBB
|
+$379M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 6.32% |
| 2 | Healthcare | 4.23% |
| 3 | Financials | 4.03% |
| 4 | Consumer Discretionary | 3.02% |
| 5 | Industrials | 2.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
151
iShares Preferred and Income Securities ETF
PFF
$13.2B
| $175M | 0.11% |
4,570,282
+288,724
| +7% | +$11M |
|
152
iShares Currency Hedged MSCI EAFE ETF
HEFA
$7.76B
| $174M | 0.11% |
5,279,870
+924,462
| +21% | +$29.5M |
|
153
iShares Russell Mid-Cap Value ETF
IWS
$15.9B
| $174M | 0.11% |
1,590,252
+60,900
| +4% | +$6.34M |
|
154
iShares MSCI Intl Momentum Factor ETF
IMTM
$4.27B
| $173M | 0.11% |
4,593,766
+282,626
| +7% | +$10.8M |
|
155
Invesco FTSE RAFI US 1000 ETF
PRF
$10B
| $172M | 0.11% |
5,665,860
-151,625
| -3% | -$4.35M |
|
156
Qualcomm
QCOM
$176B
| $171M | 0.11% |
1,289,375
+203,403
| +19% | +$29.3M |
|
157
US Bancorp
USB
$99.6B
| $170M | 0.11% |
3,075,830
+1,552,902
| +102% | +$77.5M |
|
158
iShares MSCI EAFE Small-Cap ETF
SCZ
$13.6B
| $168M | 0.11% |
2,345,267
+1,535
| +0.1% | +$109K |
|
159
iShares ESG Aware MSCI EAFE ETF
ESGD
$12.3B
| $166M | 0.11% |
2,187,166
+869,079
| +66% | +$65.4M |
|
160
Broadcom
AVGO
$2.04T
| $163M | 0.11% |
3,511,250
+191,310
| +6% | +$8.85M |
|
161
Vanguard Information Technology ETF
VGT
$149B
| $161M | 0.1% |
3,598,736
+420,344
| +13% | +$18.9M |
|
162
Vanguard Morningstar Mid-Cap Value ETF
VOE
$24.2B
| $161M | 0.1% |
1,194,327
+461
| +0% | +$59K |
|
163
Vanguard Russell 1000 Growth ETF
VONG
$45.8B
| $161M | 0.1% |
2,572,240
-338,452
| -12% | -$21.2M |
|
164
Chubb
CB
$135B
| $160M | 0.1% |
1,013,864
+625,983
| +161% | +$101M |
|
165
iShares Gold Trust
IAU
$64.4B
| $160M | 0.1% |
4,921,604
-963,766
| -16% | -$32.9M |
|
166
SPDR Gold Trust
GLD
$142B
| $158M | 0.1% |
989,888
+28,236
| +3% | +$4.75M |
|
167
Schwab International Equity ETF
SCHF
$68.7B
| $157M | 0.1% |
8,367,232
+3,024,456
| +57% | +$56.4M |
|
168
CVS Health
CVS
$122B
| $157M | 0.1% |
2,089,960
+831,506
| +66% | +$60.6M |
|
|
SPYM
169
State Street SPDR Portfolio S&P 500 ETF
SPYM
$169B
| $157M | 0.1% |
3,371,200
-15,858
| -0.5% | -$719K |
|
170
Costco
COST
$420B
| $154M | 0.1% |
436,715
+10,067
| +2% | +$3.5M |
|
171
Intuit
INTU
$89B
| $154M | 0.1% |
401,203
+106,509
| +36% | +$41M |
|
172
iShares MSCI Emerging Markets ETF
EEM
$30B
| $154M | 0.1% |
2,878,460
+99,648
| +4% | +$5.46M |
|
173
Amgen
AMGN
$222B
| $153M | 0.1% |
616,608
+71,937
| +13% | +$17.2M |
|
174
First Trust Smith Opportunistic Fixed Income ETF
FIXD
$3.24B
| $153M | 0.1% |
2,902,398
+975,176
| +51% | +$52.5M |
|
175
iShares 3-7 Year Treasury Bond ETF
IEI
$17.7B
| $153M | 0.1% |
1,176,811
+517,442
| +78% | +$68.1M |
|
Similar funds
Envestnet Asset Management's Q1 2021 Portfolio in Review
As of Q1 2021, Envestnet Asset Management held 3,632 positions worth $154B, up 16% from $132B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Envestnet Asset Management deployed $16B of net new capital in Q1 2021, opening 365 new positions and adding to 2,197 existing holdings. Its largest new stake was Lumen: 1,779,412 shares worth $23.8M.
By sector, the portfolio is most concentrated in Technology at 6.3% of assets, up from 6% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was iShares iBoxx $ Investment Grade Corporate Bond ETF, an estimated $1.08B trimmed.
- Envestnet Asset Management's largest Q1 2021 buy was Lumen: 1,779,412 shares worth $23.8M.
- Envestnet Asset Management added most to iShares Core Universal USD Bond ETF in Q1 2021, an estimated $2.06B increase.
- Envestnet Asset Management's biggest Q1 2021 reduction was iShares iBoxx $ Investment Grade Corporate Bond ETF, cutting an estimated $1.08B.
- Envestnet Asset Management fully exited JPMorgan BetaBuilders Japan ETF in Q1 2021, selling an estimated $37.1M.
- Envestnet Asset Management's ten largest holdings make up 22% of its $154B portfolio in Q1 2021.
- Envestnet Asset Management opened 365 new positions and closed 139 in Q1 2021.
- Envestnet Asset Management's portfolio value rose 16% quarter-over-quarter to $154B.
Based on Envestnet Asset Management's 13F filing for Q1 2021, filed 4 May 2021.