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 | |
|---|---|---|---|---|---|---|
|
IBTE
1926
DELISTED
iShares iBonds Dec 2024 Term Treasury ETF
IBTE
| $3.48M | ﹤0.01% |
146,084
+38,607
| +36% | +$922K |
|
1927
WSFS Financial
WSFS
$4.14B
| $3.48M | ﹤0.01% |
92,156
+2,068
| +2% | +$73.5K |
|
1928
abrdn Physical Silver Shares ETF
SIVR
$4.5B
| $3.46M | ﹤0.01% |
158,534
+1,608
| +1% | +$37.3K |
|
|
INCE
1929
Franklin Income Equity Focus ETF
INCE
$277M
| $3.46M | ﹤0.01% |
70,674
+55,364
| +362% | +$2.62M |
|
1930
FT Vest US Equity Buffer ETF March
FMAR
$1.16B
| $3.45M | ﹤0.01% |
96,953
+5,575
| +6% | +$191K |
|
1931
GFL Environmental
GFL
$14.9B
| $3.45M | ﹤0.01% |
88,930
+21,457
| +32% | +$780K |
|
1932
Phillips Edison & Co
PECO
$5.1B
| $3.45M | ﹤0.01% |
101,142
-29,484
| -23% | -$920K |
|
1933
iShares Low Carbon Optimized MSCI ACWI ETF
CRBN
$1.18B
| $3.44M | ﹤0.01% |
21,997
-1,605
| -7% | -$242K |
|
1934
FTI Consulting
FCN
$4.22B
| $3.44M | ﹤0.01% |
18,079
+36
| +0.2% | +$6.8K |
|
1935
iShares MSCI Pacific ex Japan ETF
EPP
$2.26B
| $3.43M | ﹤0.01% |
81,135
-6,600
| -8% | -$286K |
|
1936
Blackstone Mortgage Trust
BXMT
$2.47B
| $3.41M | ﹤0.01% |
163,927
+139,512
| +571% | +$2.56M |
|
1937
Imperial Oil
IMO
$62.7B
| $3.41M | ﹤0.01% |
66,559
+12,452
| +23% | +$619K |
|
1938
ArcelorMittal
MT
$55.6B
| $3.4M | ﹤0.01% |
124,518
-850,470
| -87% | -$23.4M |
|
1939
Columbia Banking Systems
COLB
$8.97B
| $3.4M | ﹤0.01% |
167,721
+39,754
| +31% | +$839K |
|
|
MDC
1940
DELISTED
M.D.C. Holdings, Inc.
MDC
| $3.39M | ﹤0.01% |
72,563
-66,875
| -48% | -$2.78M |
|
|
RC
1941
Ready Capital
RC
$323M
| $3.39M | ﹤0.01% |
300,183
-7,498
| -2% | -$79.2K |
|
1942
SPX Corp
SPXC
$10.9B
| $3.38M | ﹤0.01% |
39,732
-3,219
| -7% | -$240K |
|
1943
VanEck Durable High Dividend ETF
DURA
$39.1M
| $3.37M | ﹤0.01% |
105,882
-1,509
| -1% | -$47K |
|
1944
FT Vest US Equity Deep Buffer ETF June
DJUN
$352M
| $3.36M | ﹤0.01% |
93,325
+80,762
| +643% | +$2.82M |
|
1945
iShares Asia 50 ETF
AIA
$4.95B
| $3.36M | ﹤0.01% |
56,445
-774
| -1% | -$46.2K |
|
1946
Mizuho Financial
MFG
$127B
| $3.36M | ﹤0.01% |
1,094,713
-1,034,968
| -49% | -$3.07M |
|
1947
AAR Corp
AIR
$5.86B
| $3.35M | ﹤0.01% |
58,011
-353,641
| -86% | -$19.1M |
|
1948
JPMorgan BetaBuilders US Equity ETF
BBUS
$9.19B
| $3.34M | ﹤0.01% |
41,961
-8,309
| -17% | -$626K |
|
1949
New Mountain Finance
NMFC
$730M
| $3.34M | ﹤0.01% |
268,751
+19,190
| +8% | +$231K |
|
1950
Boston Beer
SAM
$1.85B
| $3.33M | ﹤0.01% |
10,811
+500
| +5% | +$161K |
|
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.