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 |
BlackRock US Equity Factor Rotation ETF
DYNF
|
+$2.39B |
| 2 |
iShares Core Universal USD Bond ETF
IUSB
|
+$1.55B |
| 3 |
iShares S&P 500 Value ETF
IVE
|
+$1.36B |
| 4 |
iShares S&P 500 Growth ETF
IVW
|
+$948M |
| 5 |
iShares Currency Hedged MSCI EAFE ETF
HEFA
|
+$706M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$2.01B |
| 2 |
iShares Treasury Floating Rate Bond ETF
TFLO
|
+$1.3B |
| 3 |
iShares ESG Aware MSCI USA ETF
ESGU
|
+$883M |
| 4 |
iShares S&P 100 ETF
OEF
|
+$788M |
| 5 |
iShares MSCI USA Min Vol Factor ETF
USMV
|
+$734M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 9.07% |
| 2 | Financials | 5.49% |
| 3 | Healthcare | 5.18% |
| 4 | Industrials | 4.16% |
| 5 | Consumer Discretionary | 3.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1776
FlexShares Global Quality Real Estate Index Fund
GQRE
$423M
| $6.75M | ﹤0.01% |
118,793
-3,416
| -3% | -$187K |
|
|
ALTR
1777
DELISTED
Altair Engineering Inc
ALTR
| $6.73M | ﹤0.01% |
78,109
+1,282
| +2% | +$109K |
|
1778
Insight Enterprises
NSIT
$4.6B
| $6.72M | ﹤0.01% |
36,229
+524
| +1% | +$96.8K |
|
1779
New York Times
NYT
$10.3B
| $6.72M | ﹤0.01% |
155,393
+1,280
| +0.8% | +$58.3K |
|
1780
Inspire Medical Systems
INSP
$1.68B
| $6.7M | ﹤0.01% |
31,199
+4,309
| +16% | +$845K |
|
|
IBMM
1781
DELISTED
iShares iBonds Dec 2024 Term Muni Bond ETF
IBMM
| $6.68M | ﹤0.01% |
257,251
-551,391
| -68% | -$14.3M |
|
1782
Revolve Group
RVLV
$1.72B
| $6.66M | ﹤0.01% |
314,433
+186,920
| +147% | +$3.28M |
|
1783
Henry Schein
HSIC
$10B
| $6.65M | ﹤0.01% |
88,100
-8,849
| -9% | -$664K |
|
1784
Goldman Sachs BDC
GSBD
$1.12B
| $6.65M | ﹤0.01% |
443,756
+115,968
| +35% | +$1.75M |
|
1785
BorgWarner
BWA
$13.8B
| $6.64M | ﹤0.01% |
191,075
-202,561
| -51% | -$6.63M |
|
1786
Bath & Body Works
BBWI
$3.76B
| $6.64M | ﹤0.01% |
132,689
+9,451
| +8% | +$424K |
|
|
ORAN
1787
DELISTED
Orange
ORAN
| $6.63M | ﹤0.01% |
563,616
-23,799
| -4% | -$278K |
|
1788
Popular Inc
BPOP
$11.3B
| $6.62M | ﹤0.01% |
75,132
+6,105
| +9% | +$512K |
|
1789
National Fuel Gas
NFG
$7.75B
| $6.61M | ﹤0.01% |
123,008
+14,501
| +13% | +$717K |
|
1790
WesBanco
WSBC
$4.1B
| $6.6M | ﹤0.01% |
221,386
-8,646
| -4% | -$253K |
|
1791
Fresenius Medical Care
FMS
$12.6B
| $6.59M | ﹤0.01% |
341,866
+68,663
| +25% | +$1.36M |
|
1792
Helen of Troy
HELE
$699M
| $6.58M | ﹤0.01% |
57,109
+6,191
| +12% | +$740K |
|
1793
Agilysys
AGYS
$3.25B
| $6.56M | ﹤0.01% |
77,860
+30,753
| +65% | +$2.49M |
|
1794
First Trust Nasdaq Oil & Gas ETF
FTXN
$164M
| $6.56M | ﹤0.01% |
203,078
-8,540
| -4% | -$248K |
|
1795
Invesco BulletShares 2026 High Yield Corporate Bond ETF
BSJQ
$866M
| $6.55M | ﹤0.01% |
282,754
+75,829
| +37% | +$1.75M |
|
1796
FT Vest Fund of Nasdaq-100 Buffer ETFs
BUFQ
$1.57B
| $6.55M | ﹤0.01% |
231,179
+151,432
| +190% | +$4.2M |
|
1797
Moderna
MRNA
$25.4B
| $6.54M | ﹤0.01% |
61,417
+17,760
| +41% | +$1.79M |
|
1798
FlexShares STOXX Global Broad Infrastructure Index Fund
NFRA
$3.04B
| $6.54M | ﹤0.01% |
119,803
-6,835
| -5% | -$366K |
|
|
JPI
1799
DELISTED
Nuveen Preferred Securities & Income Opportunities Fund
JPI
| $6.53M | ﹤0.01% |
339,616
-5,351
| -2% | -$100K |
|
1800
FT Vest US Equity Deep Buffer ETF February
DFEB
$464M
| $6.53M | ﹤0.01% |
167,031
-29,710
| -15% | -$1.14M |
|
Similar funds
Envestnet Asset Management's Q1 2024 Portfolio in Review
As of Q1 2024, Envestnet Asset Management held 4,339 positions worth $268B, up 11% from $242B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Envestnet Asset Management deployed $9.25B of net new capital in Q1 2024, opening 297 new positions and adding to 2,310 existing holdings. Its largest new stake was BlackRock US Equity Factor Rotation ETF: 57,065,385 shares worth $2.53B.
By sector, the portfolio is most concentrated in Technology at 9.1% of assets, up from 8.7% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was iShares Core S&P 500 ETF, an estimated $2.01B trimmed.
- Envestnet Asset Management's largest Q1 2024 buy was BlackRock US Equity Factor Rotation ETF: 57,065,385 shares worth $2.53B.
- Envestnet Asset Management added most to iShares Core Universal USD Bond ETF in Q1 2024, an estimated $1.55B increase.
- Envestnet Asset Management's biggest Q1 2024 reduction was iShares Core S&P 500 ETF, cutting an estimated $2.01B.
- Envestnet Asset Management fully exited Splunk Inc in Q1 2024, selling an estimated $21.8M.
- Envestnet Asset Management's ten largest holdings make up 20% of its $268B portfolio in Q1 2024.
- Envestnet Asset Management opened 297 new positions and closed 169 in Q1 2024.
- Envestnet Asset Management's portfolio value rose 11% quarter-over-quarter to $268B.
Based on Envestnet Asset Management's 13F filing for Q1 2024, filed 13 May 2024.