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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$10.9B |
| 2 |
Vanguard S&P 500 ETF
VOO
|
+$10.5B |
| 3 |
NVR
NVR
|
+$7.08B |
| 4 |
Vanguard Morningstar Large-Cap ETF
VV
|
+$5.07B |
| 5 |
iShares Russell 1000 ETF
IWB
|
+$4.99B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares ESG Aware MSCI USA ETF
ESGU
|
+$2.68B |
| 2 |
iShares MSCI Emerging Markets Min Vol Factor ETF
EEMV
|
+$1.48B |
| 3 |
iShares 0-5 Year High Yield Corporate Bond ETF
SHYG
|
+$1B |
| 4 |
State Street SPDR Portfolio S&P 500 Value ETF
SPYV
|
+$733M |
| 5 |
iShares MSCI EAFE Value ETF
EFV
|
+$602M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 72.41% |
| 2 | Technology | 6.42% |
| 3 | Healthcare | 4.3% |
| 4 | Financials | 3.85% |
| 5 | Industrials | 2.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
PRFT
1951
DELISTED
Perficient Inc
PRFT
| $2.95M | ﹤0.01% |
40,808
+1,143
| +3% | +$83.5K |
|
|
WCC
1952
WESCO International
WCC
$16.5B
| $2.94M | ﹤0.01% |
297,827
+280,818
| +1,651% | +$42.1M |
|
1953
iShares Morningstar Value ETF
ILCV
$1.34B
| $2.94M | ﹤0.01% |
45,974
-314
| -0.7% | -$20.2K |
|
1954
Sprott Physical Gold and Silver Trust
CEF
$7.78B
| $2.93M | ﹤0.01% |
154,938
+82,302
| +113% | +$1.48M |
|
1955
Wynn Resorts
WYNN
$8.78B
| $2.93M | ﹤0.01% |
26,142
+23,439
| +867% | +$2.45M |
|
1956
Tradeweb Markets
TW
$21.6B
| $2.92M | ﹤0.01% |
36,984
+11,147
| +43% | +$807K |
|
|
PLYM
1957
DELISTED
Plymouth Industrial REIT
PLYM
| $2.92M | ﹤0.01% |
139,031
+2,735
| +2% | +$57.6K |
|
1958
Bank of N.T. Butterfield & Son
NTB
$2.35B
| $2.92M | ﹤0.01% |
108,120
+6,322
| +6% | +$202K |
|
1959
First Trust S&P REIT Index Fund
FRI
$193M
| $2.92M | ﹤0.01% |
119,745
+4,222
| +4% | +$106K |
|
1960
WisdomTree US AI Enhanced Value Fund
AIVL
$418M
| $2.91M | ﹤0.01% |
31,796
-734
| -2% | -$68.3K |
|
|
SQSP
1961
DELISTED
Squarespace, Inc.
SQSP
| $2.91M | ﹤0.01% |
110,517
+19,692
| +22% | +$487K |
|
1962
Energy Transfer Partners
ET
$72.6B
| $2.91M | ﹤0.01% |
233,589
+14,134
| +6% | +$179K |
|
1963
StepStone Group
STEP
$3.96B
| $2.91M | ﹤0.01% |
119,879
-13,324
| -10% | -$364K |
|
1964
Northern Trust iBoxx 5-Year Target Duration TIPS ETF
TDTF
$1.04B
| $2.9M | ﹤0.01% |
118,604
-36,609
| -24% | -$878K |
|
1965
Cactus
WHD
$4.74B
| $2.9M | ﹤0.01% |
70,395
+10,455
| +17% | +$505K |
|
1966
Albertsons Companies
ACI
$6.18B
| $2.9M | ﹤0.01% |
139,558
+2,821
| +2% | +$58.3K |
|
1967
First Trust Small Cap Core AlphaDEX Fund
FYX
$1.38B
| $2.9M | ﹤0.01% |
35,967
+1,883
| +6% | +$157K |
|
1968
Pacer Trendpilot US Mid Cap ETF
PTMC
$377M
| $2.9M | ﹤0.01% |
91,269
+776
| +0.9% | +$25.5K |
|
1969
iShares US Transportation ETF
IYT
$2.07B
| $2.89M | ﹤0.01% |
50,776
-7,816
| -13% | -$447K |
|
1970
SM Energy
SM
$8.87B
| $2.89M | ﹤0.01% |
208,333
+116,519
| +127% | +$3.55M |
|
1971
Visteon
VC
$2.6B
| $2.89M | ﹤0.01% |
18,402
-1,110
| -6% | -$172K |
|
1972
Veracyte
VCYT
$3.18B
| $2.88M | ﹤0.01% |
669,748
+530,310
| +380% | +$12.8M |
|
|
QHY
1973
WisdomTree U.S. High Yield Corporate Bond Fund
QHY
$245M
| $2.88M | ﹤0.01% |
64,448
+4,819
| +8% | +$215K |
|
1974
PIMCO Dynamic Income Fund
PDI
$6.89B
| $2.87M | ﹤0.01% |
159,449
+49,655
| +45% | +$972K |
|
1975
iShares Morningstar US Equity ETF
ILCB
$1.29B
| $2.87M | ﹤0.01% |
50,909
-3,202
| -6% | -$176K |
|
Similar funds
Envestnet Asset Management's Q1 2023 Portfolio in Review
As of Q1 2023, Envestnet Asset Management held 4,198 positions worth $208B, up 7.7% from $193B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Envestnet Asset Management deployed $124B of net new capital in Q1 2023, opening 253 new positions and adding to 2,493 existing holdings. Its largest new stake was Spire: 573,721 shares worth $149K.
By sector, the portfolio is most concentrated in Miscellaneous at 72% of assets, down from 72% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was iShares ESG Aware MSCI USA ETF, an estimated $2.68B trimmed.
- Envestnet Asset Management's largest Q1 2023 buy was Spire: 573,721 shares worth $149K.
- Envestnet Asset Management added most to State Street SPDR S&P 500 ETF Trust in Q1 2023, an estimated $10.9B increase.
- Envestnet Asset Management's biggest Q1 2023 reduction was iShares ESG Aware MSCI USA ETF, cutting an estimated $2.68B.
- Envestnet Asset Management fully exited Canadian Pacific Kansas City in Q1 2023, selling an estimated $74.5M.
- Envestnet Asset Management's ten largest holdings make up 25% of its $208B portfolio in Q1 2023.
- Envestnet Asset Management opened 253 new positions and closed 232 in Q1 2023.
- Envestnet Asset Management's portfolio value rose 7.7% quarter-over-quarter to $208B.
Based on Envestnet Asset Management's 13F filing for Q1 2023, filed 11 May 2023.