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 |
BlackRock US Equity Factor Rotation ETF
DYNF
|
+$2.39B |
| 2 |
iShares Core Universal USD Bond ETF
IUSB
|
+$1.55B |
| 3 |
iShares S&P 500 Value ETF
IVE
|
+$1.36B |
| 4 |
iShares S&P 500 Growth ETF
IVW
|
+$948M |
| 5 |
iShares Currency Hedged MSCI EAFE ETF
HEFA
|
+$706M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$2.01B |
| 2 |
iShares Treasury Floating Rate Bond ETF
TFLO
|
+$1.3B |
| 3 |
iShares ESG Aware MSCI USA ETF
ESGU
|
+$883M |
| 4 |
iShares S&P 100 ETF
OEF
|
+$788M |
| 5 |
iShares MSCI USA Min Vol Factor ETF
USMV
|
+$734M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 9.07% |
| 2 | Financials | 5.49% |
| 3 | Healthcare | 5.18% |
| 4 | Industrials | 4.16% |
| 5 | Consumer Discretionary | 3.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1976
Fidelity MSCI Industrials Index ETF
FIDU
$2.39B
| $4.98M | ﹤0.01% |
73,455
-12,971
| -15% | -$819K |
|
1977
Huron Consulting
HURN
$2.39B
| $4.98M | ﹤0.01% |
51,508
+7,082
| +16% | +$718K |
|
1978
InvenTrust Properties
IVT
$2.59B
| $4.97M | ﹤0.01% |
193,438
+5,193
| +3% | +$131K |
|
1979
Nuveen AMT-Free Quality Municipal Income Fund
NEA
$3.39B
| $4.95M | ﹤0.01% |
446,797
-17,465
| -4% | -$192K |
|
|
WNS
1980
DELISTED
WNS Holdings
WNS
| $4.94M | ﹤0.01% |
97,844
+13,390
| +16% | +$808K |
|
1981
Plains GP Holdings
PAGP
$4.98B
| $4.94M | ﹤0.01% |
270,631
+3,235
| +1% | +$54.6K |
|
1982
First Trust RBA American Industrial Renaissance ETF
AIRR
$10.7B
| $4.93M | ﹤0.01% |
73,278
+7,022
| +11% | +$420K |
|
|
PRMW
1983
DELISTED
Primo Water Corporation
PRMW
| $4.93M | ﹤0.01% |
270,469
+4,212
| +2% | +$66.3K |
|
1984
ATS Corp
ATS
$2B
| $4.92M | ﹤0.01% |
145,992
+3,007
| +2% | +$119K |
|
|
JNPR
1985
DELISTED
Juniper Networks
JNPR
| $4.92M | ﹤0.01% |
132,789
-64,910
| -33% | -$2.37M |
|
|
CWAN
1986
DELISTED
Clearwater Analytics
CWAN
| $4.92M | ﹤0.01% |
278,001
+96,902
| +54% | +$1.8M |
|
1987
AXIS Capital
AXS
$7.26B
| $4.91M | ﹤0.01% |
75,464
-120
| -0.2% | -$7.18K |
|
1988
Progress Software
PRGS
$1.79B
| $4.9M | ﹤0.01% |
91,948
-7,432
| -7% | -$408K |
|
1989
Constellium
CSTM
$3.95B
| $4.9M | ﹤0.01% |
221,676
+65,000
| +41% | +$1.26M |
|
1990
Telefônica Brasil
VIV
$18.5B
| $4.9M | ﹤0.01% |
486,276
+3,059
| +0.6% | +$32.2K |
|
1991
Kadant
KAI
$3.94B
| $4.89M | ﹤0.01% |
14,907
+918
| +7% | +$277K |
|
1992
Rapid7
RPD
$929M
| $4.88M | ﹤0.01% |
99,460
-7,548
| -7% | -$414K |
|
1993
Schwab Fundamental US Broad Market Index ETF
FNDB
$1.48B
| $4.87M | ﹤0.01% |
220,707
+80,568
| +57% | +$1.68M |
|
1994
PENN Entertainment
PENN
$2.57B
| $4.87M | ﹤0.01% |
267,407
+8,738
| +3% | +$180K |
|
1995
Sprout Social
SPT
$579M
| $4.85M | ﹤0.01% |
81,276
-25,561
| -24% | -$1.55M |
|
1996
Ryman Hospitality Properties
RHP
$7.82B
| $4.84M | ﹤0.01% |
41,880
-2,456
| -6% | -$282K |
|
1997
FT Vest US Equity Moderate Buffer ETF January
GJAN
$439M
| $4.84M | ﹤0.01% |
134,844
+55,441
| +70% | +$1.95M |
|
1998
Innovator US Equity Power Buffer ETF March
PMAR
$771M
| $4.84M | ﹤0.01% |
131,426
+72,772
| +124% | +$2.63M |
|
1999
Morgan Dempsey Large Cap Value ETF
MDLV
$43.4M
| $4.83M | ﹤0.01% |
189,889
+143,421
| +309% | +$3.52M |
|
|
HTLF
2000
DELISTED
Heartland Financial USA, Inc.
HTLF
| $4.83M | ﹤0.01% |
137,380
+2,921
| +2% | +$102K |
|
Similar funds
Envestnet Asset Management's Q1 2024 Portfolio in Review
As of Q1 2024, Envestnet Asset Management held 4,339 positions worth $268B, up 11% from $242B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Envestnet Asset Management deployed $9.25B of net new capital in Q1 2024, opening 297 new positions and adding to 2,310 existing holdings. Its largest new stake was BlackRock US Equity Factor Rotation ETF: 57,065,385 shares worth $2.53B.
By sector, the portfolio is most concentrated in Technology at 9.1% of assets, up from 8.7% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was iShares Core S&P 500 ETF, an estimated $2.01B trimmed.
- Envestnet Asset Management's largest Q1 2024 buy was BlackRock US Equity Factor Rotation ETF: 57,065,385 shares worth $2.53B.
- Envestnet Asset Management added most to iShares Core Universal USD Bond ETF in Q1 2024, an estimated $1.55B increase.
- Envestnet Asset Management's biggest Q1 2024 reduction was iShares Core S&P 500 ETF, cutting an estimated $2.01B.
- Envestnet Asset Management fully exited Splunk Inc in Q1 2024, selling an estimated $21.8M.
- Envestnet Asset Management's ten largest holdings make up 20% of its $268B portfolio in Q1 2024.
- Envestnet Asset Management opened 297 new positions and closed 169 in Q1 2024.
- Envestnet Asset Management's portfolio value rose 11% quarter-over-quarter to $268B.
Based on Envestnet Asset Management's 13F filing for Q1 2024, filed 13 May 2024.