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 | |
|---|---|---|---|---|---|---|
1951
Enova International
ENVA
$6.4B
| $3.33M | ﹤0.01% |
62,751
+5,785
| +10% | +$273K |
|
1952
VanEck Biotech ETF
BBH
$428M
| $3.33M | ﹤0.01% |
21,340
+1,166
| +6% | +$186K |
|
1953
Transmedics
TMDX
$3.1B
| $3.32M | ﹤0.01% |
39,584
+8,830
| +29% | +$676K |
|
1954
Simplify Interest Rate Hedge ETF
PFIX
$179M
| $3.31M | ﹤0.01% |
52,713
+1,233
| +2% | +$79K |
|
1955
Invesco Short Term Treasury ETF
TBLL
$2.85B
| $3.31M | ﹤0.01% |
31,373
-1,439
| -4% | -$152K |
|
1956
Morningstar
MORN
$7.33B
| $3.3M | ﹤0.01% |
16,825
+865
| +5% | +$171K |
|
1957
Innovator US Equity Buffer ETF October
BOCT
$289M
| $3.29M | ﹤0.01% |
90,291
+13,073
| +17% | +$452K |
|
1958
State Street SPDR S&P Insurance ETF
KIE
$678M
| $3.28M | ﹤0.01% |
80,351
-57,977
| -42% | -$2.31M |
|
|
SHOE
1959
Shoe Station Group
SHOE
$428M
| $3.28M | ﹤0.01% |
139,659
-2,428
| -2% | -$55.7K |
|
1960
John Hancock Multifactor Developed International ETF
JHMD
$985M
| $3.28M | ﹤0.01% |
105,400
-1,622
| -2% | -$50.6K |
|
1961
Nomad Foods
NOMD
$1.59B
| $3.28M | ﹤0.01% |
187,052
+5,421
| +3% | +$98.6K |
|
1962
Franklin International Low Volatility High Dividend Index ETF
LVHI
$5.59B
| $3.28M | ﹤0.01% |
120,488
+96,847
| +410% | +$2.65M |
|
1963
CTS Corp
CTS
$1.83B
| $3.27M | ﹤0.01% |
76,766
-2,455
| -3% | -$108K |
|
1964
Global X S&P 500 Covered Call ETF
XYLD
$3.28B
| $3.27M | ﹤0.01% |
79,609
+15,920
| +25% | +$648K |
|
1965
Innovator International Developed Power Buffer ETF April
IAPR
$202M
| $3.26M | ﹤0.01% |
130,729
+74,344
| +132% | +$1.84M |
|
1966
Inspire Corporate Bond ETF
IBD
$489M
| $3.26M | ﹤0.01% |
140,986
-1,933
| -1% | -$44.9K |
|
1967
PIMCO Corporate & Income Opportunity Fund
PTY
$2.51B
| $3.25M | ﹤0.01% |
231,986
+63,671
| +38% | +$826K |
|
1968
PIMCO Enhanced Low Duration Active Exchange-Traded Fund
LDUR
$1.38B
| $3.25M | ﹤0.01% |
34,619
-302,287
| -90% | -$28.5M |
|
1969
Wyndham Hotels & Resorts
WH
$5.38B
| $3.24M | ﹤0.01% |
47,246
+3,607
| +8% | +$246K |
|
|
SKX
1970
DELISTED
Skechers
SKX
| $3.24M | ﹤0.01% |
61,507
-174,003
| -74% | -$8.91M |
|
1971
iShares US Basic Materials ETF
IYM
$1.03B
| $3.23M | ﹤0.01% |
24,307
-4,822
| -17% | -$621K |
|
1972
UMB Financial
UMBF
$11.2B
| $3.23M | ﹤0.01% |
53,030
+25,644
| +94% | +$1.53M |
|
1973
Old Republic International
ORI
$10.2B
| $3.22M | ﹤0.01% |
128,127
-555,804
| -81% | -$13.9M |
|
1974
Targa Resources
TRGP
$56.9B
| $3.22M | ﹤0.01% |
42,303
-5,178
| -11% | -$376K |
|
1975
Vishay Intertechnology
VSH
$5.11B
| $3.22M | ﹤0.01% |
109,485
-518,386
| -83% | -$12.7M |
|
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.