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
|
+$3.32B |
| 2 |
Invesco NASDAQ 100 ETF
QQQM
|
+$1.35B |
| 3 |
iShares S&P 500 Growth ETF
IVW
|
+$1.35B |
| 4 |
iShares MSCI EAFE Growth ETF
EFG
|
+$991M |
| 5 |
iShares Core S&P Small-Cap ETF
IJR
|
+$909M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI EAFE Value ETF
EFV
|
+$632M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$579M |
| 3 |
iShares Global Energy ETF
IXC
|
+$304M |
| 4 |
iShares Currency Hedged MSCI EAFE ETF
HEFA
|
+$246M |
| 5 |
State Street SPDR S&P 400 Mid Cap Growth ETF
MDYG
|
+$243M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 9.34% |
| 2 | Financials | 5.11% |
| 3 | Healthcare | 4.83% |
| 4 | Industrials | 3.81% |
| 5 | Consumer Discretionary | 3.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CNH
1851
CNH Industrial
CNH
$17.1B
| $6.4M | ﹤0.01% |
631,655
+183,147
| +41% | +$2.07M |
|
1852
FlexShares Global Quality Real Estate Index Fund
GQRE
$417M
| $6.37M | ﹤0.01% |
116,792
-2,001
| -2% | -$109K |
|
1853
Cambria Emerging Shareholder Yield ETF
EYLD
$889M
| $6.35M | ﹤0.01% |
184,614
+139,461
| +309% | +$4.85M |
|
|
MRO
1854
DELISTED
Marathon Oil Corporation
MRO
| $6.35M | ﹤0.01% |
221,505
-245,369
| -53% | -$6.8M |
|
1855
Vipshop
VIPS
$7.03B
| $6.35M | ﹤0.01% |
487,562
-284,021
| -37% | -$4.52M |
|
1856
WesBanco
WSBC
$4.05B
| $6.35M | ﹤0.01% |
227,429
+6,043
| +3% | +$167K |
|
1857
Sprouts Farmers Market
SFM
$7.82B
| $6.33M | ﹤0.01% |
75,619
-3,589
| -5% | -$261K |
|
1858
FT Vest US Equity Buffer ETF October
FOCT
$1.19B
| $6.33M | ﹤0.01% |
152,284
+11,625
| +8% | +$475K |
|
1859
Oceaneering
OII
$5.04B
| $6.31M | ﹤0.01% |
266,885
+24,283
| +10% | +$561K |
|
1860
NorthWestern Energy
NWE
$4.38B
| $6.31M | ﹤0.01% |
125,921
-6,964
| -5% | -$352K |
|
|
UCB
1861
United Community Banks
UCB
$4.36B
| $6.3M | ﹤0.01% |
247,598
+7,355
| +3% | +$188K |
|
|
INCE
1862
Franklin Income Equity Focus ETF
INCE
$277M
| $6.3M | ﹤0.01% |
116,975
+6,271
| +6% | +$334K |
|
1863
Maximus
MMS
$2.85B
| $6.28M | ﹤0.01% |
73,299
+1,026
| +1% | +$86.2K |
|
1864
BorgWarner
BWA
$14.4B
| $6.28M | ﹤0.01% |
194,802
+3,727
| +2% | +$129K |
|
1865
AltShares Merger Arbitrage ETF
ARB
$102M
| $6.28M | ﹤0.01% |
233,171
-912
| -0.4% | -$24.5K |
|
1866
Innovator US Equity Power Buffer ETF February
PFEB
$925M
| $6.28M | ﹤0.01% |
178,641
-29,610
| -14% | -$1.02M |
|
1867
iShares Future Exponential Technologies ETF
XT
$4B
| $6.27M | ﹤0.01% |
106,526
-1,749
| -2% | -$102K |
|
1868
WisdomTree US SmallCap Earnings Fund
EES
$727M
| $6.25M | ﹤0.01% |
132,713
-2,505
| -2% | -$120K |
|
1869
State Street Blackstone High Income ETF
HYBL
$575M
| $6.25M | ﹤0.01% |
221,217
+44,039
| +25% | +$1.24M |
|
1870
Core Laboratories
CLB
$560M
| $6.21M | ﹤0.01% |
306,287
+34,149
| +13% | +$604K |
|
1871
Western Midstream Partners
WES
$20B
| $6.2M | ﹤0.01% |
156,114
-2,311
| -1% | -$85K |
|
1872
Core & Main
CNM
$8.67B
| $6.2M | ﹤0.01% |
126,729
+76,804
| +154% | +$4.27M |
|
1873
Arm
ARM
$291B
| $6.2M | ﹤0.01% |
37,902
+6,311
| +20% | +$785K |
|
1874
Huron Consulting
HURN
$2.38B
| $6.2M | ﹤0.01% |
62,909
+11,401
| +22% | +$1.05M |
|
1875
Expro Ltd
XPRO
$2.04B
| $6.2M | ﹤0.01% |
270,329
+15,406
| +6% | +$319K |
|
Similar funds
Envestnet Asset Management's Q2 2024 Portfolio in Review
As of Q2 2024, Envestnet Asset Management held 4,343 positions worth $287B, up 7.2% from $268B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Envestnet Asset Management deployed $16.4B of net new capital in Q2 2024, opening 173 new positions and adding to 2,304 existing holdings. Its largest new stake was BlackRock ETF Trust II iShares AAA CLO Active ETF: 822,748 shares worth $42.7M.
By sector, the portfolio is most concentrated in Technology at 9.3% of assets, up from 9.1% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was iShares MSCI EAFE Value ETF, an estimated $632M trimmed.
- Envestnet Asset Management's largest Q2 2024 buy was BlackRock ETF Trust II iShares AAA CLO Active ETF: 822,748 shares worth $42.7M.
- Envestnet Asset Management added most to iShares Core S&P 500 ETF in Q2 2024, an estimated $3.32B increase.
- Envestnet Asset Management's biggest Q2 2024 reduction was iShares MSCI EAFE Value ETF, cutting an estimated $632M.
- Envestnet Asset Management fully exited Pioneer Natural Resource Co. in Q2 2024, selling an estimated $35.1M.
- Envestnet Asset Management's ten largest holdings make up 22% of its $287B portfolio in Q2 2024.
- Envestnet Asset Management opened 173 new positions and closed 185 in Q2 2024.
- Envestnet Asset Management's portfolio value rose 7.2% quarter-over-quarter to $287B.
Based on Envestnet Asset Management's 13F filing for Q2 2024, filed 8 Aug 2024.