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 | |
|---|---|---|---|---|---|---|
2026
Korn Ferry
KFY
$4.25B
| $3M | ﹤0.01% |
60,459
+1,773
| +3% | +$87.2K |
|
2027
Rambus
RMBS
$10.5B
| $2.99M | ﹤0.01% |
46,643
-118,307
| -72% | -$6.51M |
|
2028
iShares S&P GSCI Commodity-Indexed Trust
GSG
$941M
| $2.99M | ﹤0.01% |
153,406
-32,219
| -17% | -$634K |
|
2029
AppFolio
APPF
$7.19B
| $2.99M | ﹤0.01% |
17,367
+972
| +6% | +$142K |
|
2030
Dycom Industries
DY
$12.1B
| $2.99M | ﹤0.01% |
26,292
-2,259
| -8% | -$223K |
|
2031
Banco Bradesco
BBD
$35B
| $2.98M | ﹤0.01% |
862,525
+196,456
| +29% | +$607K |
|
2032
U-Haul Holding Co Series N
UHAL.B
$12.5B
| $2.98M | ﹤0.01% |
58,875
+17,733
| +43% | +$928K |
|
2033
Innovator US Equity Buffer ETF September
BSEP
$217M
| $2.98M | ﹤0.01% |
86,555
+2,967
| +4% | +$97.1K |
|
2034
Invesco FTSE RAFI Emerging Markets ETF
PXH
$1.97B
| $2.97M | ﹤0.01% |
159,598
-14,443
| -8% | -$268K |
|
2035
Definitive Healthcare
DH
$68.7M
| $2.97M | ﹤0.01% |
270,433
+21,553
| +9% | +$222K |
|
2036
FT Vest US Equity Deep Buffer ETF December
DDEC
$435M
| $2.97M | ﹤0.01% |
87,976
+333
| +0.4% | +$10.9K |
|
2037
Pacer Cash Cows Fund of Funds ETF
HERD
$104M
| $2.97M | ﹤0.01% |
87,286
+65,595
| +302% | +$2.18M |
|
2038
State Street SPDR Russell 1000 Low Volatility Focus ETF
ONEV
$305M
| $2.97M | ﹤0.01% |
27,317
-2,255
| -8% | -$236K |
|
2039
Parsons
PSN
$5.15B
| $2.96M | ﹤0.01% |
61,427
+3,357
| +6% | +$153K |
|
2040
FT Vest US Equity Buffer ETF December
FDEC
$1.35B
| $2.96M | ﹤0.01% |
82,016
-8,656
| -10% | -$298K |
|
2041
Cactus
WHD
$5.78B
| $2.95M | ﹤0.01% |
69,740
-655
| -0.9% | -$25.5K |
|
2042
APi Group
APG
$18.5B
| $2.94M | ﹤0.01% |
161,997
-16,310
| -9% | -$252K |
|
2043
WisdomTree US Multifactor Fund
USMF
$302M
| $2.94M | ﹤0.01% |
75,831
+3,155
| +4% | +$118K |
|
2044
ETRACS UBS Bloomberg Constant Maturity Commodity Index (CMCI) Total Return ETN Series B due Apr 5 2038
UCIB
$34.1M
| $2.93M | ﹤0.01% |
125,053
+2,555
| +2% | +$60.7K |
|
|
PDX
2045
PIMCO Dynamic Income Strategy Fund
PDX
$961M
| $2.93M | ﹤0.01% |
185,967
+26,807
| +17% | +$398K |
|
2046
Popular Inc
BPOP
$11.2B
| $2.93M | ﹤0.01% |
48,384
-6,886
| -12% | -$406K |
|
2047
Fidelity MSCI Real Estate Index ETF
FREL
$1.46B
| $2.93M | ﹤0.01% |
116,626
-172,984
| -60% | -$4.24M |
|
2048
Gerdau
GGB
$9.2B
| $2.92M | ﹤0.01% |
672,342
-608,021
| -47% | -$2.54M |
|
2049
Bank of N.T. Butterfield & Son
NTB
$2.49B
| $2.92M | ﹤0.01% |
106,820
-1,300
| -1% | -$33.8K |
|
|
SQSP
2050
DELISTED
Squarespace, Inc.
SQSP
| $2.92M | ﹤0.01% |
92,584
-17,933
| -16% | -$542K |
|
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.