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 Bloomberg 1-3 Month T-Bill ETF
BIL
|
+$869M |
| 2 |
iShares S&P 100 ETF
OEF
|
+$803M |
| 3 |
iShares Core S&P 500 ETF
IVV
|
+$501M |
| 4 |
iShares MSCI Emerging Markets ex China ETF
EMXC
|
+$428M |
| 5 |
State Street SPDR Portfolio S&P 500 Value ETF
SPYV
|
+$378M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI EAFE Growth ETF
EFG
|
+$650M |
| 2 |
iShares MSCI USA Min Vol Factor ETF
USMV
|
+$541M |
| 3 |
Invesco BuyBack Achievers ETF
PKW
|
+$441M |
| 4 |
iShares Core S&P Mid-Cap ETF
IJH
|
+$403M |
| 5 |
Vanguard Short-Term Bond ETF
BSV
|
+$391M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 64.54% |
| 2 | Technology | 8.67% |
| 3 | Financials | 5.2% |
| 4 | Healthcare | 4.99% |
| 5 | Industrials | 4.04% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
SCHV
176
Schwab US Large-Cap Value ETF
SCHV
$15.5B
| $270M | 0.11% |
11,560,119
+94,731
| +0.8% | +$2.07M |
|
177
Vanguard FTSE Pacific ETF
VPL
$8.59B
| $267M | 0.11% |
3,712,231
+106,242
| +3% | +$7.22M |
|
178
TJX Companies
TJX
$139B
| $265M | 0.11% |
2,827,312
+211,724
| +8% | +$19M |
|
179
Phillips 66
PSX
$103B
| $262M | 0.11% |
1,969,578
+22,769
| +1% | +$2.72M |
|
180
Dimensional World ex US Core Equity 2 ETF
DFAX
$12.5B
| $261M | 0.11% |
10,667,769
-300,822
| -3% | -$6.88M |
|
181
State Street SPDR Portfolio Intermediate Term Corporate Bond ETF
SPIB
$11.3B
| $253M | 0.1% |
7,704,165
+82,051
| +1% | +$2.61M |
|
182
TSMC
TSM
$2.17T
| $253M | 0.1% |
2,428,408
+67,116
| +3% | +$6.4M |
|
183
iShares 5-10 Year Investment Grade Corporate Bond ETF
IGIB
$18.5B
| $252M | 0.1% |
4,846,354
-893,202
| -16% | -$44.2M |
|
184
American Tower
AMT
$82.9B
| $251M | 0.1% |
1,164,389
+51,794
| +5% | +$9.79M |
|
185
Vanguard Short-Term Treasury ETF
VGSH
$34.5B
| $250M | 0.1% |
4,287,228
+273,778
| +7% | +$15.8M |
|
186
Ameriprise Financial
AMP
$49.3B
| $248M | 0.1% |
652,360
+32,312
| +5% | +$11.1M |
|
187
Chubb
CB
$132B
| $242M | 0.1% |
1,069,604
-37,758
| -3% | -$8.26M |
|
188
Mondelez International
MDLZ
$79.7B
| $242M | 0.1% |
3,336,081
+71,939
| +2% | +$4.93M |
|
189
Progressive
PGR
$126B
| $241M | 0.1% |
1,513,612
+28,709
| +2% | +$4.49M |
|
190
Parker-Hannifin
PH
$120B
| $240M | 0.1% |
520,644
+14,238
| +3% | +$5.93M |
|
191
PNC Financial Services
PNC
$97.4B
| $240M | 0.1% |
1,548,543
+6,657
| +0.4% | +$862K |
|
|
DFS
192
DELISTED
Discover Financial Services
DFS
| $239M | 0.1% |
2,122,824
+803,738
| +61% | +$74.3M |
|
193
Danaher
DHR
$143B
| $236M | 0.1% |
1,019,434
-67,931
| -6% | -$14.5M |
|
194
Air Products & Chemicals
APD
$63.9B
| $233M | 0.1% |
849,349
+83,273
| +11% | +$22.9M |
|
195
iShares Broad USD Investment Grade Corporate Bond ETF
USIG
$17.6B
| $231M | 0.1% |
4,511,142
+618,571
| +16% | +$30.2M |
|
196
Pfizer
PFE
$158B
| $231M | 0.1% |
8,029,680
-247,627
| -3% | -$7.49M |
|
197
Bank of America
BAC
$416B
| $231M | 0.1% |
6,863,128
-2,101,049
| -23% | -$61.2M |
|
198
iShares Russell Mid-Cap Growth ETF
IWP
$19.2B
| $231M | 0.1% |
2,210,427
+43,938
| +2% | +$4.17M |
|
199
State Street SPDR S&P 400 Mid Cap Value ETF
MDYV
$2.78B
| $230M | 0.1% |
3,137,364
+2,726,536
| +664% | +$180M |
|
200
Lam Research
LRCX
$342B
| $230M | 0.1% |
2,931,890
-106,760
| -4% | -$7.28M |
|
Similar funds
Envestnet Asset Management's Q4 2023 Portfolio in Review
As of Q4 2023, Envestnet Asset Management held 4,243 positions worth $242B, up 11% from $219B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Envestnet Asset Management's Q4 2023 filing shows 241 new, 2,018 increased, 1,759 reduced and 201 closed positions. Its largest new stake was Fidelity Enhanced Large Cap Growth ETF: 4,233,938 shares worth $111M. The largest sale was iShares MSCI EAFE Growth ETF, an estimated $650M.
By sector, the portfolio is most concentrated in Miscellaneous at 65% of assets, down from 65% a quarter earlier, followed by Technology and Financials.
- Envestnet Asset Management's largest Q4 2023 buy was Fidelity Enhanced Large Cap Growth ETF: 4,233,938 shares worth $111M.
- Envestnet Asset Management added most to State Street SPDR Bloomberg 1-3 Month T-Bill ETF in Q4 2023, an estimated $869M increase.
- Envestnet Asset Management's biggest Q4 2023 reduction was iShares MSCI EAFE Growth ETF, cutting an estimated $650M.
- Envestnet Asset Management fully exited Invesco BulletShares 2023 High Yield Corporate Bond ETF in Q4 2023, selling an estimated $22M.
- Envestnet Asset Management's ten largest holdings make up 21% of its $242B portfolio in Q4 2023.
- Envestnet Asset Management opened 241 new positions and closed 201 in Q4 2023.
- Envestnet Asset Management's portfolio value rose 11% quarter-over-quarter to $242B.
Based on Envestnet Asset Management's 13F filing for Q4 2023, filed 13 Feb 2024.