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 S&P 500 ETF
IVV
|
+$1.9B |
| 2 |
Vanguard Short-Term Bond ETF
BSV
|
+$911M |
| 3 |
iShares MSCI USA Min Vol Factor ETF
USMV
|
+$888M |
| 4 |
iShares US Treasury Bond ETF
GOVT
|
+$837M |
| 5 |
iShares MSCI EAFE Growth ETF
EFG
|
+$631M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P Total US Stock Market ETF
ITOT
|
+$1.23B |
| 2 |
iShares Core US Aggregate Bond ETF
AGG
|
+$729M |
| 3 |
iShares S&P Small-Cap 600 Value ETF
IJS
|
+$561M |
| 4 |
HDV
iShares Core High Dividend ETF
HDV
|
+$454M |
| 5 |
iShares MSCI EAFE Value ETF
EFV
|
+$342M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 5.75% |
| 2 | Healthcare | 4.62% |
| 3 | Financials | 3.92% |
| 4 | Consumer Discretionary | 2.76% |
| 5 | Industrials | 2.75% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
176
Lockheed Martin
LMT
$136B
| $183M | 0.1% |
472,737
+43,077
| +10% | +$18M |
|
177
iShares ESG Aware MSCI EAFE ETF
ESGD
$12.3B
| $183M | 0.1% |
3,251,840
+32,588
| +1% | +$2.04M |
|
178
iShares ESG Advanced MSCI USA ETF
USXF
$1.51B
| $182M | 0.1% |
6,480,191
+112,764
| +2% | +$3.52M |
|
179
iShares Emerging Markets Equity Factor ETF
EMGF
$1.87B
| $181M | 0.1% |
4,716,996
+546,777
| +13% | +$23.2M |
|
180
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
MINT
$17.1B
| $181M | 0.1% |
1,830,881
+563,505
| +44% | +$55.9M |
|
|
NVO
181
Novo Nordisk
NVO
$209B
| $180M | 0.1% |
3,608,932
-6,330
| -0.2% | -$339K |
|
182
Vanguard Morningstar Mid-Cap Value ETF
VOE
$24.2B
| $178M | 0.1% |
1,463,919
+25,962
| +2% | +$3.51M |
|
183
Analog Devices
ADI
$190B
| $178M | 0.1% |
1,278,096
+56,377
| +5% | +$8.91M |
|
184
Honeywell
HON
$78B
| $177M | 0.1% |
1,123,743
+54,017
| +5% | +$9.41M |
|
185
Zoetis
ZTS
$30B
| $174M | 0.1% |
1,173,058
+48,890
| +4% | +$8.17M |
|
186
Bristol-Myers Squibb
BMY
$132B
| $172M | 0.1% |
2,420,674
-94,810
| -4% | -$6.88M |
|
187
ServiceNow
NOW
$129B
| $171M | 0.1% |
2,261,895
-96,540
| -4% | -$8.69M |
|
188
Comcast
CMCSA
$90B
| $170M | 0.1% |
5,791,719
+152,607
| +3% | +$5.71M |
|
189
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
$10.8B
| $169M | 0.1% |
5,769,781
-1,414,113
| -20% | -$42M |
|
|
DFUS
190
Dimensional US Equity ETF
DFUS
$21.6B
| $167M | 0.1% |
4,289,191
-332,689
| -7% | -$14.3M |
|
191
Vanguard Morningstar Mid-Cap Growth ETF
VOT
$19.8B
| $166M | 0.09% |
973,360
+16,092
| +2% | +$3.05M |
|
192
Intuit
INTU
$89B
| $164M | 0.09% |
424,403
+8,460
| +2% | +$3.65M |
|
193
Lowe's Companies
LOW
$125B
| $163M | 0.09% |
867,768
+15,642
| +2% | +$3.05M |
|
194
Arthur J. Gallagher & Co
AJG
$63.6B
| $163M | 0.09% |
950,990
+137,703
| +17% | +$24.4M |
|
195
Vanguard Morningstar Mega Cap Value ETF
MGV
$13.6B
| $163M | 0.09% |
1,809,003
-25,564
| -1% | -$2.51M |
|
|
SCHV
196
Schwab US Large-Cap Value ETF
SCHV
$16.1B
| $161M | 0.09% |
8,265,327
+686,133
| +9% | +$14.8M |
|
197
Walt Disney
DIS
$181B
| $161M | 0.09% |
1,705,687
+97,930
| +6% | +$10.5M |
|
198
Gilead Sciences
GILD
$165B
| $160M | 0.09% |
2,598,156
+186,332
| +8% | +$11.7M |
|
199
Vanguard Russell 1000 Growth ETF
VONG
$45.8B
| $159M | 0.09% |
2,928,004
+45,518
| +2% | +$2.75M |
|
200
Salesforce
CRM
$158B
| $157M | 0.09% |
1,094,357
-196,896
| -15% | -$33.4M |
|
Similar funds
Envestnet Asset Management's Q3 2022 Portfolio in Review
As of Q3 2022, Envestnet Asset Management held 4,115 positions worth $175B, down 2.1% from $179B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Envestnet Asset Management deployed $7.33B of net new capital in Q3 2022, opening 205 new positions and adding to 2,159 existing holdings. Its largest new stake was GSK: 622,292 shares worth $18.3M.
By sector, the portfolio is most concentrated in Technology at 5.7% of assets, down from 5.9% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was iShares Core S&P Total US Stock Market ETF, an estimated $1.23B trimmed.
- Envestnet Asset Management's largest Q3 2022 buy was GSK: 622,292 shares worth $18.3M.
- Envestnet Asset Management added most to iShares Core S&P 500 ETF in Q3 2022, an estimated $1.9B increase.
- Envestnet Asset Management's biggest Q3 2022 reduction was iShares Core S&P Total US Stock Market ETF, cutting an estimated $1.23B.
- Envestnet Asset Management fully exited Atlassian in Q3 2022, selling an estimated $67.3M.
- Envestnet Asset Management's ten largest holdings make up 26% of its $175B portfolio in Q3 2022.
- Envestnet Asset Management opened 205 new positions and closed 219 in Q3 2022.
- Envestnet Asset Management's portfolio value fell 2.1% quarter-over-quarter to $175B.
Based on Envestnet Asset Management's 13F filing for Q3 2022, filed 10 Nov 2022.