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 Global Financials ETF
IXG
|
+$883M |
| 2 |
State Street SPDR Portfolio S&P 500 Growth ETF
SPYG
|
+$661M |
| 3 |
iShares GSCI Commodity Dynamic Roll Strategy ETF
COMT
|
+$609M |
| 4 |
iShares Core Universal USD Bond ETF
IUSB
|
+$585M |
| 5 |
iShares Core S&P 500 ETF
IVV
|
+$463M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$773M |
| 2 |
iShares Core S&P Small-Cap ETF
IJR
|
+$408M |
| 3 |
iShares Global Tech ETF
IXN
|
+$397M |
| 4 |
iShares US Medical Devices ETF
IHI
|
+$364M |
| 5 |
iShares Core S&P Mid-Cap ETF
IJH
|
+$340M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 6.32% |
| 2 | Healthcare | 4.18% |
| 3 | Financials | 3.97% |
| 4 | Consumer Discretionary | 3.02% |
| 5 | Industrials | 2.78% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
151
Lowe's Companies
LOW
$125B
| $201M | 0.11% |
1,036,052
+35,857
| +4% | +$7.02M |
|
152
iShares US Small Cap Equity Factor ETF
SMLF
$4.27B
| $201M | 0.11% |
3,663,694
+281,640
| +8% | +$15.2M |
|
153
Broadcom
AVGO
$2.04T
| $199M | 0.11% |
4,181,220
+669,970
| +19% | +$31M |
|
154
Vanguard Morningstar Mega Cap Value ETF
MGV
$13.5B
| $199M | 0.11% |
1,995,122
+47,421
| +2% | +$4.71M |
|
155
Intuit
INTU
$89B
| $196M | 0.11% |
399,742
-1,461
| -0.4% | -$633K |
|
156
Honeywell
HON
$78B
| $195M | 0.11% |
944,448
+49,970
| +6% | +$10.6M |
|
157
iShares Preferred and Income Securities ETF
PFF
$13.3B
| $193M | 0.11% |
4,919,050
+348,768
| +8% | +$13.5M |
|
158
United Parcel Service
UPS
$88.9B
| $193M | 0.11% |
929,822
+75,737
| +9% | +$15.2M |
|
159
Qualcomm
QCOM
$176B
| $193M | 0.11% |
1,349,871
+60,496
| +5% | +$8.18M |
|
160
State Street SPDR Portfolio S&P 500 Value ETF
SPYV
$36.8B
| $192M | 0.11% |
4,866,122
-1,300,343
| -21% | -$51.4M |
|
161
US Bancorp
USB
$99.6B
| $192M | 0.11% |
3,373,662
+297,832
| +10% | +$17.5M |
|
162
iShares S&P Mid-Cap 400 Growth ETF
IJK
$11.2B
| $192M | 0.11% |
2,372,802
+8,899
| +0.4% | +$714K |
|
163
Vanguard Information Technology ETF
VGT
$149B
| $192M | 0.11% |
3,849,400
+250,664
| +7% | +$11.8M |
|
164
Texas Instruments
TXN
$261B
| $191M | 0.11% |
995,440
-37,888
| -4% | -$7.1M |
|
165
Vanguard Russell 1000 Growth ETF
VONG
$45B
| $191M | 0.11% |
2,735,444
+163,204
| +6% | +$10.8M |
|
166
iShares MSCI Intl Value Factor ETF
IVLU
$4.55B
| $190M | 0.11% |
7,354,586
+261,382
| +4% | +$6.84M |
|
167
Costco
COST
$420B
| $188M | 0.11% |
474,788
+38,073
| +9% | +$14.4M |
|
168
iShares 3-7 Year Treasury Bond ETF
IEI
$17.8B
| $186M | 0.11% |
1,427,061
+250,250
| +21% | +$32.7M |
|
169
iShares MSCI Intl Momentum Factor ETF
IMTM
$4.27B
| $185M | 0.11% |
4,791,896
+198,130
| +4% | +$7.77M |
|
170
iShares Short-Term National Muni Bond ETF
SUB
$11.4B
| $185M | 0.11% |
1,714,288
+328,192
| +24% | +$35.4M |
|
|
SPYM
171
State Street SPDR Portfolio S&P 500 ETF
SPYM
$168B
| $184M | 0.1% |
3,661,939
+290,739
| +9% | +$14.3M |
|
172
SPDR Gold Trust
GLD
$141B
| $184M | 0.1% |
1,111,164
+121,276
| +12% | +$20.6M |
|
173
iShares Gold Trust
IAU
$67.5B
| $183M | 0.1% |
5,435,774
+514,170
| +10% | +$17.8M |
|
174
State Street Industrial Select Sector SPDR ETF
XLI
$33.7B
| $183M | 0.1% |
1,785,091
-1,540,331
| -46% | -$158M |
|
175
Invesco FTSE RAFI US 1000 ETF
PRF
$10B
| $183M | 0.1% |
5,697,390
+31,530
| +0.6% | +$1M |
|
Similar funds
Envestnet Asset Management's Q2 2021 Portfolio in Review
As of Q2 2021, Envestnet Asset Management held 3,771 positions worth $176B, up 14% from $154B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Envestnet Asset Management deployed $13.3B of net new capital in Q2 2021, opening 279 new positions and adding to 2,381 existing holdings. Its largest new stake was Dimensional US Core Equity 2 ETF: 16,086,878 shares worth $434M.
By sector, the portfolio is most concentrated in Technology at 6.3% of assets, up from 6.3% 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 $773M trimmed.
- Envestnet Asset Management's largest Q2 2021 buy was Dimensional US Core Equity 2 ETF: 16,086,878 shares worth $434M.
- Envestnet Asset Management added most to iShares Global Financials ETF in Q2 2021, an estimated $883M increase.
- Envestnet Asset Management's biggest Q2 2021 reduction was iShares iBoxx $ Investment Grade Corporate Bond ETF, cutting an estimated $773M.
- Envestnet Asset Management fully exited GE Aerospace in Q2 2021, selling an estimated $17.1M.
- Envestnet Asset Management's ten largest holdings make up 22% of its $176B portfolio in Q2 2021.
- Envestnet Asset Management opened 279 new positions and closed 139 in Q2 2021.
- Envestnet Asset Management's portfolio value rose 14% quarter-over-quarter to $176B.
Based on Envestnet Asset Management's 13F filing for Q2 2021, filed 4 Aug 2021.