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 | |
|---|---|---|---|---|---|---|
1901
Ionis Pharmaceuticals
IONS
$9.39B
| $5.63M | ﹤0.01% |
129,972
-3,512
| -3% | -$167K |
|
1902
Western Midstream Partners
WES
$19.9B
| $5.63M | ﹤0.01% |
158,425
-5,734
| -3% | -$178K |
|
1903
Sterling Infrastructure
STRL
$16.8B
| $5.63M | ﹤0.01% |
51,035
+9,821
| +24% | +$892K |
|
1904
State Street SPDR S&P Metals & Mining ETF
XME
$4.46B
| $5.63M | ﹤0.01% |
93,358
-21,740
| -19% | -$1.24M |
|
1905
First Trust Exchange-Traded Fund VI First Trust BuyWrite Income ETF
FTHI
$2.48B
| $5.62M | ﹤0.01% |
249,936
-59,805
| -19% | -$1.31M |
|
1906
iShares Latin America 40 ETF
ILF
$3.69B
| $5.57M | ﹤0.01% |
195,860
-23,022
| -11% | -$648K |
|
|
APLS
1907
DELISTED
Apellis Pharmaceuticals
APLS
| $5.56M | ﹤0.01% |
94,605
+8,177
| +9% | +$521K |
|
1908
First Trust Dow Jones Global Select Dividend Index Fund
FGD
$1.6B
| $5.54M | ﹤0.01% |
243,289
-20,396
| -8% | -$452K |
|
1909
Hackett Group
HCKT
$278M
| $5.53M | ﹤0.01% |
227,588
-1,082
| -0.5% | -$25.6K |
|
1910
JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF
BBCB
$45.6M
| $5.53M | ﹤0.01% |
121,432
+3,303
| +3% | +$150K |
|
1911
Sun Life Financial
SLF
$44.4B
| $5.53M | ﹤0.01% |
101,273
+75,255
| +289% | +$3.98M |
|
|
PR
1912
Permian Resources
PR
$18B
| $5.53M | ﹤0.01% |
312,984
+58,686
| +23% | +$861K |
|
1913
Pricesmart
PSMT
$5.49B
| $5.5M | ﹤0.01% |
65,507
+53,437
| +443% | +$4.24M |
|
1914
Olin
OLN
$2.13B
| $5.5M | ﹤0.01% |
93,561
+17,930
| +24% | +$962K |
|
1915
Principal Financial Group
PFG
$24.4B
| $5.5M | ﹤0.01% |
63,683
+424
| +0.7% | +$34K |
|
|
SQSP
1916
DELISTED
Squarespace, Inc.
SQSP
| $5.48M | ﹤0.01% |
150,285
+12,160
| +9% | +$395K |
|
1917
Blue Owl Capital
OWL
$19.1B
| $5.46M | ﹤0.01% |
289,438
+36,870
| +15% | +$618K |
|
1918
First Trust Industrials/Producer Durables AlphaDEX Fund
FXR
$771M
| $5.45M | ﹤0.01% |
74,641
-6,712
| -8% | -$450K |
|
1919
ClearShares OCIO ETF
OCIO
$172M
| $5.44M | ﹤0.01% |
169,955
-7,083
| -4% | -$221K |
|
1920
iRhythm Holdings
IRTC
$4.06B
| $5.44M | ﹤0.01% |
46,881
+1,867
| +4% | +$210K |
|
|
SCS
1921
DELISTED
Steelcase
SCS
| $5.42M | ﹤0.01% |
414,312
+4,687
| +1% | +$60.2K |
|
|
JWN
1922
DELISTED
Nordstrom
JWN
| $5.41M | ﹤0.01% |
266,823
+25,799
| +11% | +$488K |
|
1923
Concentrix
CNXC
$1.5B
| $5.41M | ﹤0.01% |
81,667
+30,011
| +58% | +$2.44M |
|
1924
Invesco FTSE RAFI Developed Markets ex-US ETF
PXF
$2.98B
| $5.4M | ﹤0.01% |
108,737
+9,588
| +10% | +$456K |
|
1925
ACI Worldwide
ACIW
$5.33B
| $5.4M | ﹤0.01% |
162,515
-7,270
| -4% | -$225K |
|
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.