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 | |
|---|---|---|---|---|---|---|
2176
Xtrackers Municipal Infrastructure Revenue Bond Active ETF
RVNU
$144M
| $2.35M | ﹤0.01% |
93,377
+742
| +0.8% | +$18.6K |
|
2177
Tecnoglass Holdings Inc.
TGLS
$1.87B
| $2.35M | ﹤0.01% |
45,531
-6,238
| -12% | -$277K |
|
2178
Amplify Etho Climate Leadership US ETF
ETHO
$195M
| $2.35M | ﹤0.01% |
44,096
+2,404
| +6% | +$123K |
|
|
ALE
2179
DELISTED
Allete
ALE
| $2.35M | ﹤0.01% |
40,492
+2,328
| +6% | +$144K |
|
2180
Haemonetics
HAE
$4B
| $2.34M | ﹤0.01% |
27,470
-379,061
| -93% | -$32M |
|
2181
Global X Emerging Markets Great Consumer ETF
EMC
$57.2M
| $2.33M | ﹤0.01% |
+93,609
| New | +$2.31M |
|
2182
Global X Variable Rate Preferred ETF
PFFV
$305M
| $2.33M | ﹤0.01% |
104,441
-64,296
| -38% | -$1.43M |
|
2183
Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
$4.66B
| $2.33M | ﹤0.01% |
2,024
-29
| -1% | -$33.5K |
|
2184
Bahl & Gaynor Small/Mid Cap Income Growth ETF
SMIG
$1.49B
| $2.33M | ﹤0.01% |
97,046
+31,009
| +47% | +$717K |
|
|
AGTI
2185
DELISTED
Agiliti Inc
AGTI
| $2.33M | ﹤0.01% |
141,107
-8,845
| -6% | -$148K |
|
2186
Sun Life Financial
SLF
$44.8B
| $2.33M | ﹤0.01% |
44,665
-108
| -0.2% | -$5.31K |
|
|
B
2187
DELISTED
Barnes Group Inc.
B
| $2.33M | ﹤0.01% |
55,164
+289
| +0.5% | +$11.8K |
|
|
PRO
2188
DELISTED
PROS Holdings
PRO
| $2.33M | ﹤0.01% |
75,517
-11,959
| -14% | -$336K |
|
2189
Xtrackers MSCI USA ESG Leaders Equity ETF
USSG
$591M
| $2.32M | ﹤0.01% |
57,126
+2,513
| +5% | +$96.7K |
|
|
CSW
2190
CSW Industrials
CSW
$5.64B
| $2.32M | ﹤0.01% |
13,967
+1,439
| +11% | +$208K |
|
2191
Texas Pacific Land
TPL
$24.1B
| $2.32M | ﹤0.01% |
15,849
-2,421
| -13% | -$388K |
|
2192
Invesco S&P 500 Momentum ETF
SPMO
$22.2B
| $2.32M | ﹤0.01% |
41,446
-88,858
| -68% | -$4.9M |
|
2193
State Street SPDR S&P 1500 Value Tilt ETF
VLU
$777M
| $2.31M | ﹤0.01% |
15,521
-2,249
| -13% | -$322K |
|
2194
Mueller Water Products
MWA
$4.04B
| $2.3M | ﹤0.01% |
142,008
+1,464
| +1% | +$20.8K |
|
2195
Liberty Energy
LBRT
$3.51B
| $2.3M | ﹤0.01% |
172,028
+4,802
| +3% | +$62.2K |
|
2196
AGCO
AGCO
$7.04B
| $2.3M | ﹤0.01% |
17,479
-147,814
| -89% | -$18.3M |
|
2197
Gabelli Dividend & Income Trust
GDV
$2.68B
| $2.3M | ﹤0.01% |
108,689
+49,202
| +83% | +$1.02M |
|
2198
Royal Gold
RGLD
$20B
| $2.29M | ﹤0.01% |
19,983
-359
| -2% | -$46.2K |
|
2199
MasTec
MTZ
$22.8B
| $2.29M | ﹤0.01% |
19,416
+979
| +5% | +$95.9K |
|
2200
AXIS Capital
AXS
$7.39B
| $2.29M | ﹤0.01% |
42,506
-511
| -1% | -$27.9K |
|
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.