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 | |
|---|---|---|---|---|---|---|
1901
FIVE9
FIVN
$2.44B
| $3.63M | ﹤0.01% |
44,066
+1,413
| +3% | +$94.8K |
|
1902
FT Vest US Equity Deep Buffer ETF March
DMAR
$459M
| $3.63M | ﹤0.01% |
112,495
+13,584
| +14% | +$426K |
|
1903
Rapid7
RPD
$894M
| $3.63M | ﹤0.01% |
80,139
-1,310
| -2% | -$60.7K |
|
|
PRFT
1904
DELISTED
Perficient Inc
PRFT
| $3.62M | ﹤0.01% |
43,429
+2,621
| +6% | +$193K |
|
1905
Penumbra
PEN
$12.9B
| $3.61M | ﹤0.01% |
10,504
-231,131
| -96% | -$71M |
|
1906
Tenaris
TS
$27B
| $3.6M | ﹤0.01% |
120,181
-492,463
| -80% | -$13.7M |
|
|
JWN
1907
DELISTED
Nordstrom
JWN
| $3.59M | ﹤0.01% |
175,466
+16,533
| +10% | +$278K |
|
1908
Alnylam Pharmaceuticals
ALNY
$29.6B
| $3.58M | ﹤0.01% |
18,843
+3,477
| +23% | +$689K |
|
|
ALEX
1909
DELISTED
Alexander & Baldwin
ALEX
| $3.58M | ﹤0.01% |
192,614
+3,843
| +2% | +$72K |
|
|
KE
1910
Kimball Electronics
KE
$607M
| $3.58M | ﹤0.01% |
129,465
+17,837
| +16% | +$422K |
|
1911
Pacer Trendpilot 100 ETF
PTNQ
$1.25B
| $3.57M | ﹤0.01% |
57,566
+35,280
| +158% | +$2.03M |
|
1912
Essent Group
ESNT
$6.08B
| $3.57M | ﹤0.01% |
76,237
-562,516
| -88% | -$24.5M |
|
1913
ARK Genomic Revolution ETF
ARKG
$1.79B
| $3.56M | ﹤0.01% |
104,527
-314
| -0.3% | -$9.87K |
|
1914
VanEck CEF Muni Income ETF
XMPT
$220M
| $3.55M | ﹤0.01% |
168,030
-17,998
| -10% | -$380K |
|
1915
InvenTrust Properties
IVT
$2.56B
| $3.55M | ﹤0.01% |
153,465
-79,366
| -34% | -$1.79M |
|
1916
T. Rowe Price Blue Chip Growth ETF
TCHP
$2.19B
| $3.53M | ﹤0.01% |
126,730
+18,645
| +17% | +$476K |
|
1917
Invesco Solar ETF
TAN
$1.38B
| $3.52M | ﹤0.01% |
49,231
+13,839
| +39% | +$998K |
|
1918
Enovis
ENOV
$1.42B
| $3.51M | ﹤0.01% |
54,798
+26,917
| +97% | +$1.53M |
|
1919
Western Union
WU
$2.2B
| $3.5M | ﹤0.01% |
298,210
+45,099
| +18% | +$520K |
|
1920
Brown-Forman Class B
BF.B
$12.9B
| $3.5M | ﹤0.01% |
52,378
-13,480
| -20% | -$863K |
|
1921
Invesco Dorsey Wright SmallCap Momentum ETF
DWAS
$445M
| $3.49M | ﹤0.01% |
44,368
-29,221
| -40% | -$2.17M |
|
1922
First Trust Small Cap Growth AlphaDEX Fund
FYC
$1.4B
| $3.49M | ﹤0.01% |
57,950
-4,194
| -7% | -$241K |
|
1923
Applied Industrial Technologies
AIT
$13B
| $3.49M | ﹤0.01% |
24,071
-43
| -0.2% | -$5.74K |
|
1924
Global X S&P 500 Catholic Values ETF
CATH
$1.35B
| $3.48M | ﹤0.01% |
63,976
+4,895
| +8% | +$252K |
|
1925
Donaldson
DCI
$11.2B
| $3.48M | ﹤0.01% |
55,667
-2,117
| -4% | -$132K |
|
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.