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 | |
|---|---|---|---|---|---|---|
2001
Vericel Corp
VCEL
$2.27B
| $3.08M | ﹤0.01% |
81,876
+1,266
| +2% | +$41.6K |
|
2002
Nuveen ESG Mid-Cap Growth ETF
NUMG
$369M
| $3.07M | ﹤0.01% |
78,777
-721
| -0.9% | -$26.8K |
|
2003
Invesco DB US Dollar Index Bullish Fund
UUP
$414M
| $3.07M | ﹤0.01% |
108,154
-30,791
| -22% | -$865K |
|
2004
Pacer Trendpilot US Mid Cap ETF
PTMC
$404M
| $3.07M | ﹤0.01% |
93,099
+1,830
| +2% | +$58.5K |
|
2005
JPMorgan BetaBuilders International Equity ETF
BBIN
$6.56B
| $3.07M | ﹤0.01% |
55,847
-2,810
| -5% | -$154K |
|
2006
COPT Defense Properties
CDP
$4.13B
| $3.06M | ﹤0.01% |
128,919
-143,457
| -53% | -$3.34M |
|
2007
iShares US Transportation ETF
IYT
$2.27B
| $3.06M | ﹤0.01% |
49,004
-1,772
| -3% | -$102K |
|
2008
Xtrackers S&P 500 ESG ETF
SNPE
$2.76B
| $3.06M | ﹤0.01% |
75,326
-1,728
| -2% | -$66.3K |
|
2009
FlexShares Credit-Scored US Corporate Bond Index Fund
SKOR
$736M
| $3.06M | ﹤0.01% |
65,243
+14,872
| +30% | +$701K |
|
2010
Franklin Senior Loan ETF
FLBL
$858M
| $3.06M | ﹤0.01% |
126,824
-264,742
| -68% | -$6.24M |
|
|
ABCM
2011
DELISTED
Abcam PLC
ABCM
| $3.04M | ﹤0.01% |
124,388
-31,471
| -20% | -$543K |
|
2012
Bank of America Series L
BAC.PRL
$4B
| $3.04M | ﹤0.01% |
2,597
+197
| +8% | +$231K |
|
2013
American Financial Group
AFG
$12B
| $3.04M | ﹤0.01% |
25,614
-301,331
| -92% | -$35.5M |
|
2014
iShares Morningstar US Equity ETF
ILCB
$1.31B
| $3.04M | ﹤0.01% |
49,732
-1,177
| -2% | -$67.9K |
|
2015
FT Vest US Equity Buffer ETF October
FOCT
$1.19B
| $3.04M | ﹤0.01% |
80,469
-115,270
| -59% | -$4.13M |
|
2016
Toll Brothers
TOL
$14.3B
| $3.04M | ﹤0.01% |
38,401
-567,680
| -94% | -$38.1M |
|
2017
First Trust Small Cap Core AlphaDEX Fund
FYX
$1.41B
| $3.02M | ﹤0.01% |
36,725
+758
| +2% | +$59.9K |
|
2018
Telefônica Brasil
VIV
$18.6B
| $3.02M | ﹤0.01% |
330,254
+11,675
| +4% | +$97.7K |
|
2019
WesBanco
WSBC
$4.05B
| $3.01M | ﹤0.01% |
117,662
+2,318
| +2% | +$60.4K |
|
2020
Ashland
ASH
$3.42B
| $3.01M | ﹤0.01% |
34,621
-10,715
| -24% | -$990K |
|
2021
Ericsson
ERIC
$33B
| $3.01M | ﹤0.01% |
551,436
-573,012
| -51% | -$3.07M |
|
2022
EPR Properties
EPR
$4.58B
| $3M | ﹤0.01% |
64,187
-492,002
| -88% | -$20.8M |
|
2023
Gentex
GNTX
$5.04B
| $3M | ﹤0.01% |
102,576
+7,398
| +8% | +$204K |
|
2024
Goldman Sachs Access Ultra Short Bond ETF
GSST
$1.59B
| $3M | ﹤0.01% |
60,084
+4,629
| +8% | +$231K |
|
2025
Oxford Industries
OXM
$542M
| $3M | ﹤0.01% |
30,457
-288,048
| -90% | -$29.5M |
|
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.