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 | |
|---|---|---|---|---|---|---|
1801
East-West Bancorp
EWBC
$18.2B
| $4.24M | ﹤0.01% |
80,293
-106,073
| -57% | -$5.38M |
|
|
IBDO
1802
DELISTED
iShares iBonds Dec 2023 Term Corporate ETF
IBDO
| $4.24M | ﹤0.01% |
167,462
-821,641
| -83% | -$20.7M |
|
1803
Vertex
VERX
$1.98B
| $4.22M | ﹤0.01% |
216,545
+49,679
| +30% | +$1.05M |
|
1804
WBI BullBear Quality 3000 ETF
WBIL
$31M
| $4.22M | ﹤0.01% |
144,655
+7,902
| +6% | +$221K |
|
1805
Lincoln National
LNC
$8.51B
| $4.22M | ﹤0.01% |
163,901
+8,866
| +6% | +$195K |
|
1806
OneMain Financial
OMF
$7.32B
| $4.22M | ﹤0.01% |
96,584
-306,165
| -76% | -$11.9M |
|
1807
Gentherm
THRM
$1.27B
| $4.21M | ﹤0.01% |
74,572
+3,105
| +4% | +$179K |
|
1808
Certara
CERT
$1.24B
| $4.2M | ﹤0.01% |
230,824
-179,863
| -44% | -$3.8M |
|
1809
Invesco High Yield Equity Dividend Achievers ETF
PEY
$1.16B
| $4.19M | ﹤0.01% |
217,869
-44,247
| -17% | -$854K |
|
|
VMW
1810
DELISTED
VMware, Inc
VMW
| $4.18M | ﹤0.01% |
29,057
-6,971
| -19% | -$905K |
|
1811
WBI BullBear Value 3000 ETF
WBIF
$23.6M
| $4.18M | ﹤0.01% |
144,426
+9,524
| +7% | +$255K |
|
1812
FT Vest US Equity Buffer ETF February
FFEB
$1.41B
| $4.17M | ﹤0.01% |
104,696
+66,988
| +178% | +$2.56M |
|
1813
Kite Realty
KRG
$5.24B
| $4.17M | ﹤0.01% |
186,506
-11,324
| -6% | -$233K |
|
|
ONT
1814
Onterris Inc
ONT
$576M
| $4.16M | ﹤0.01% |
98,688
-18,162
| -16% | -$653K |
|
1815
JPMorgan BetaBuilders USD High Yield Corporate Bond ETF
BBHY
$617M
| $4.15M | ﹤0.01% |
93,117
+19,304
| +26% | +$855K |
|
1816
Direxion HCM Tactical Enhanced US ETF
HCMT
$605M
| $4.15M | ﹤0.01% |
+159,668
| New | +$4.03M |
|
1817
Bank of Hawaii
BOH
$3.13B
| $4.14M | ﹤0.01% |
100,467
-10,088
| -9% | -$446K |
|
1818
VictoryShares US Small Cap High Div Volatility Wtd ETF
CSB
$266M
| $4.14M | ﹤0.01% |
80,617
-183
| -0.2% | -$9.24K |
|
1819
Belden
BDC
$5.26B
| $4.14M | ﹤0.01% |
43,250
-445,479
| -91% | -$38.2M |
|
1820
State Street SPDR S&P Kensho New Economies Composite ETF
KOMP
$2.82B
| $4.13M | ﹤0.01% |
92,589
-4,125
| -4% | -$173K |
|
1821
Innovator US Equity Power Buffer ETF May
PMAY
$817M
| $4.13M | ﹤0.01% |
138,246
+79,913
| +137% | +$2.31M |
|
|
BRW
1822
Saba Capital Income & Opportunities Fund
BRW
$336M
| $4.12M | ﹤0.01% |
534,957
+73,583
| +16% | +$584K |
|
1823
PIMCO Dynamic Income Fund
PDI
$7.45B
| $4.11M | ﹤0.01% |
219,038
+59,589
| +37% | +$1.08M |
|
1824
Simplify Managed Futures Strategy ETF
CTA
$1.58B
| $4.1M | ﹤0.01% |
160,772
-29,439
| -15% | -$733K |
|
1825
Xtrackers MSCI EAFE High Dividend Yield Equity ETF
HDEF
$2.34B
| $4.09M | ﹤0.01% |
177,562
+16,588
| +10% | +$390K |
|
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.