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 | |
|---|---|---|---|---|---|---|
1876
Invesco S&P International Developed Low Volatility ETF
IDLV
$344M
| $3.77M | ﹤0.01% |
137,886
-53,132
| -28% | -$1.48M |
|
1877
PIMCO Enhanced Short Maturity Active ESG ETF
EMNT
$217M
| $3.77M | ﹤0.01% |
38,469
+554
| +1% | +$54.1K |
|
|
NSA
1878
DELISTED
National Storage Affiliates Trust
NSA
| $3.77M | ﹤0.01% |
108,123
+28,839
| +36% | +$1.09M |
|
1879
WisdomTree US Total Dividend Fund
DTD
$1.69B
| $3.77M | ﹤0.01% |
60,643
+6,481
| +12% | +$392K |
|
1880
Pacer Swan SOS Fund of Funds ETF
PSFF
$596M
| $3.76M | ﹤0.01% |
154,680
+22,180
| +17% | +$519K |
|
1881
Matsons
MATX
$6.11B
| $3.76M | ﹤0.01% |
48,363
-145,037
| -75% | -$9.94M |
|
|
DFSV
1882
Dimensional US Small Cap Value ETF
DFSV
$8.38B
| $3.76M | ﹤0.01% |
146,195
+51,148
| +54% | +$1.25M |
|
1883
JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF
BBCB
$45.4M
| $3.76M | ﹤0.01% |
83,124
-2,185
| -3% | -$99K |
|
1884
CRA International
CRAI
$1.06B
| $3.75M | ﹤0.01% |
36,797
+3,851
| +12% | +$388K |
|
1885
Olin
OLN
$2.17B
| $3.72M | ﹤0.01% |
72,417
-301,128
| -81% | -$16M |
|
1886
Invesco S&P 500 Revenue ETF
RWL
$9.95B
| $3.72M | ﹤0.01% |
46,501
-9,103
| -16% | -$698K |
|
|
BSJP
1887
DELISTED
Invesco BulletShares 2025 High Yield Corporate Bond ETF
BSJP
| $3.72M | ﹤0.01% |
164,885
-42,614
| -21% | -$956K |
|
1888
Itaú Unibanco
ITUB
$82.7B
| $3.72M | ﹤0.01% |
713,825
-25,129
| -3% | -$119K |
|
1889
First Trust Dow 30 Equal Weight ETF
EDOW
$322M
| $3.71M | ﹤0.01% |
123,136
+410
| +0.3% | +$12.2K |
|
1890
Middleby
MIDD
$5.43B
| $3.68M | ﹤0.01% |
24,863
+3,323
| +15% | +$469K |
|
1891
Allegro MicroSystems
ALGM
$7.93B
| $3.67M | ﹤0.01% |
81,377
-27,723
| -25% | -$1.12M |
|
1892
First Trust Mid Cap Core AlphaDEX Fund
FNX
$1.41B
| $3.67M | ﹤0.01% |
38,123
-140,482
| -79% | -$12.7M |
|
1893
WisdomTree US Efficient Core Fund
NTSX
$1.39B
| $3.67M | ﹤0.01% |
98,944
+957
| +1% | +$34.1K |
|
|
LTHM
1894
DELISTED
Livent Corporation
LTHM
| $3.67M | ﹤0.01% |
133,670
+13,595
| +11% | +$326K |
|
1895
Cal-Maine
CALM
$3.87B
| $3.66M | ﹤0.01% |
81,405
-348,404
| -81% | -$17.3M |
|
1896
State Street SPDR Portfolio Mortgage Backed Bond ETF
SPMB
$7.04B
| $3.65M | ﹤0.01% |
166,766
+121,275
| +267% | +$2.67M |
|
1897
iShares Dow Jones US ETF
IYY
$3.06B
| $3.65M | ﹤0.01% |
33,696
-308
| -0.9% | -$31.5K |
|
1898
Freshpet
FRPT
$3.45B
| $3.65M | ﹤0.01% |
55,455
-1,047
| -2% | -$68.6K |
|
1899
Transcat
TRNS
$893M
| $3.64M | ﹤0.01% |
42,617
+2,276
| +6% | +$194K |
|
1900
Group 1 Automotive
GPI
$3.17B
| $3.63M | ﹤0.01% |
14,078
-478,983
| -97% | -$110M |
|
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.