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
|
+$3.32B |
| 2 |
Invesco NASDAQ 100 ETF
QQQM
|
+$1.35B |
| 3 |
iShares S&P 500 Growth ETF
IVW
|
+$1.35B |
| 4 |
iShares MSCI EAFE Growth ETF
EFG
|
+$991M |
| 5 |
iShares Core S&P Small-Cap ETF
IJR
|
+$909M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI EAFE Value ETF
EFV
|
+$632M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$579M |
| 3 |
iShares Global Energy ETF
IXC
|
+$304M |
| 4 |
iShares Currency Hedged MSCI EAFE ETF
HEFA
|
+$246M |
| 5 |
State Street SPDR S&P 400 Mid Cap Growth ETF
MDYG
|
+$243M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 9.34% |
| 2 | Financials | 5.11% |
| 3 | Healthcare | 4.83% |
| 4 | Industrials | 3.81% |
| 5 | Consumer Discretionary | 3.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2126
Hess Midstream
HESM
$5.11B
| $4.29M | ﹤0.01% |
117,712
-3,638
| -3% | -$128K |
|
2127
PIMCO Enhanced Low Duration Active Exchange-Traded Fund
LDUR
$1.38B
| $4.28M | ﹤0.01% |
45,183
+985
| +2% | +$93K |
|
2128
Shinhan Financial Group
SHG
$35.1B
| $4.26M | ﹤0.01% |
122,477
+2,373
| +2% | +$79.8K |
|
2129
Hull Tactical US ETF
HTUS
$164M
| $4.26M | ﹤0.01% |
102,876
+88,811
| +631% | +$3.55M |
|
2130
Nomad Foods
NOMD
$1.68B
| $4.26M | ﹤0.01% |
258,458
-6,133
| -2% | -$110K |
|
2131
WBI BullBear Quality 3000 ETF
WBIL
$31.2M
| $4.26M | ﹤0.01% |
127,738
+12,027
| +10% | +$404K |
|
2132
IPG Photonics
IPGP
$3.57B
| $4.25M | ﹤0.01% |
50,388
+5,190
| +11% | +$448K |
|
2133
State Street SPDR S&P Bank ETF
KBE
$1.75B
| $4.24M | ﹤0.01% |
91,488
+44,020
| +93% | +$2M |
|
|
PLYM
2134
DELISTED
Plymouth Industrial REIT
PLYM
| $4.24M | ﹤0.01% |
198,431
+17,710
| +10% | +$371K |
|
2135
HF Sinclair
DINO
$16.3B
| $4.24M | ﹤0.01% |
79,405
+1,945
| +3% | +$109K |
|
|
SWTX
2136
DELISTED
SpringWorks Therapeutics
SWTX
| $4.24M | ﹤0.01% |
112,426
+40,781
| +57% | +$1.72M |
|
2137
Alphatec Holdings
ATEC
$1.51B
| $4.23M | ﹤0.01% |
404,866
+22,047
| +6% | +$257K |
|
|
PRFT
2138
DELISTED
Perficient Inc
PRFT
| $4.23M | ﹤0.01% |
56,512
-163,421
| -74% | -$10.4M |
|
2139
Endava
DAVA
$167M
| $4.23M | ﹤0.01% |
144,510
-142,860
| -50% | -$4.24M |
|
2140
FlexShares US Quality Low Volatility Index Fund
QLV
$168M
| $4.22M | ﹤0.01% |
67,664
+5,060
| +8% | +$307K |
|
2141
AeroVironment
AVAV
$9.59B
| $4.21M | ﹤0.01% |
23,137
+4,550
| +24% | +$818K |
|
2142
Kadant
KAI
$3.91B
| $4.21M | ﹤0.01% |
14,334
-573
| -4% | -$163K |
|
2143
VictoryShares US Small Cap High Div Volatility Wtd ETF
CSB
$269M
| $4.21M | ﹤0.01% |
78,795
-315
| -0.4% | -$17.1K |
|
2144
Cousins Properties
CUZ
$4.93B
| $4.21M | ﹤0.01% |
181,729
-12,465
| -6% | -$287K |
|
2145
Gen Digital
GEN
$17.7B
| $4.2M | ﹤0.01% |
167,953
+11,763
| +8% | +$269K |
|
2146
Silgan Holdings
SLGN
$4.46B
| $4.19M | ﹤0.01% |
98,970
-5,019
| -5% | -$233K |
|
2147
State Street SPDR S&P International Dividend ETF
DWX
$529M
| $4.19M | ﹤0.01% |
121,669
-51,013
| -30% | -$1.78M |
|
2148
JD.com
JD
$39.6B
| $4.18M | ﹤0.01% |
161,928
+14,210
| +10% | +$417K |
|
2149
Equitable Holdings
EQH
$14.4B
| $4.18M | ﹤0.01% |
102,385
+46,027
| +82% | +$1.8M |
|
2150
FT Vest US Equity Moderate Buffer ETF February
GFEB
$381M
| $4.18M | ﹤0.01% |
117,981
+11,153
| +10% | +$386K |
|
Similar funds
Envestnet Asset Management's Q2 2024 Portfolio in Review
As of Q2 2024, Envestnet Asset Management held 4,343 positions worth $287B, up 7.2% from $268B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Envestnet Asset Management deployed $16.4B of net new capital in Q2 2024, opening 173 new positions and adding to 2,304 existing holdings. Its largest new stake was BlackRock ETF Trust II iShares AAA CLO Active ETF: 822,748 shares worth $42.7M.
By sector, the portfolio is most concentrated in Technology at 9.3% of assets, up from 9.1% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was iShares MSCI EAFE Value ETF, an estimated $632M trimmed.
- Envestnet Asset Management's largest Q2 2024 buy was BlackRock ETF Trust II iShares AAA CLO Active ETF: 822,748 shares worth $42.7M.
- Envestnet Asset Management added most to iShares Core S&P 500 ETF in Q2 2024, an estimated $3.32B increase.
- Envestnet Asset Management's biggest Q2 2024 reduction was iShares MSCI EAFE Value ETF, cutting an estimated $632M.
- Envestnet Asset Management fully exited Pioneer Natural Resource Co. in Q2 2024, selling an estimated $35.1M.
- Envestnet Asset Management's ten largest holdings make up 22% of its $287B portfolio in Q2 2024.
- Envestnet Asset Management opened 173 new positions and closed 185 in Q2 2024.
- Envestnet Asset Management's portfolio value rose 7.2% quarter-over-quarter to $287B.
Based on Envestnet Asset Management's 13F filing for Q2 2024, filed 8 Aug 2024.