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 | |
|---|---|---|---|---|---|---|
2201
CareTrust REIT
CTRE
$9.18B
| $3.83M | ﹤0.01% |
152,787
+61,512
| +67% | +$1.52M |
|
2202
Principal Active High Yield ETF
YLD
$584M
| $3.83M | ﹤0.01% |
200,984
+24,775
| +14% | +$470K |
|
2203
First Trust Municipal High Income ETF
FMHI
$1.01B
| $3.83M | ﹤0.01% |
79,212
-14,153
| -15% | -$679K |
|
|
BSMP
2204
DELISTED
Invesco BulletShares 2025 Municipal Bond ETF
BSMP
| $3.82M | ﹤0.01% |
157,329
+20,563
| +15% | +$500K |
|
2205
Hercules Capital
HTGC
$3.17B
| $3.82M | ﹤0.01% |
186,835
+38,131
| +26% | +$734K |
|
2206
iShares iBonds Dec 2031 Term Corporate ETF
IBDW
$2.55B
| $3.82M | ﹤0.01% |
188,223
+60,180
| +47% | +$1.21M |
|
2207
Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF
QDPL
$1.78B
| $3.82M | ﹤0.01% |
104,089
+29,830
| +40% | +$1.07M |
|
2208
Kaiser Aluminum
KALU
$2.99B
| $3.8M | ﹤0.01% |
43,267
-76
| -0.2% | -$7.07K |
|
2209
ALPS International Sector Dividend Dogs ETF
IDOG
$564M
| $3.79M | ﹤0.01% |
127,803
+5,099
| +4% | +$154K |
|
2210
PIMCO Dynamic Income Fund
PDI
$7.33B
| $3.79M | ﹤0.01% |
201,585
+13,941
| +7% | +$267K |
|
2211
Global X Silver Miners ETF NEW
SIL
$4.75B
| $3.78M | ﹤0.01% |
121,219
+21,639
| +22% | +$696K |
|
2212
ArcBest
ARCB
$3.28B
| $3.78M | ﹤0.01% |
35,306
-1,153
| -3% | -$139K |
|
2213
iShares Interest Rate Hedged High Yield Bond ETF
HYGH
$601M
| $3.76M | ﹤0.01% |
44,289
+13,287
| +43% | +$1.13M |
|
2214
iShares iBonds Dec 2028 Term Treasury ETF
IBTI
$1.93B
| $3.76M | ﹤0.01% |
172,069
+129,097
| +300% | +$2.8M |
|
2215
American Century Multisector Income ETF
MUSI
$249M
| $3.75M | ﹤0.01% |
87,214
+29,336
| +51% | +$1.26M |
|
|
AVDX
2216
DELISTED
AvidXchange
AVDX
| $3.75M | ﹤0.01% |
310,999
+9,585
| +3% | +$109K |
|
2217
Kaspi.kz JSC
KSPI
$18.9B
| $3.75M | ﹤0.01% |
29,043
+1,815
| +7% | +$222K |
|
2218
ePlus
PLUS
$2.31B
| $3.74M | ﹤0.01% |
50,771
-2,699
| -5% | -$206K |
|
2219
Incyte
INCY
$24.4B
| $3.74M | ﹤0.01% |
61,641
-6,429
| -9% | -$364K |
|
|
BECN
2220
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $3.74M | ﹤0.01% |
41,287
-1,806
| -4% | -$174K |
|
2221
Global X S&P 500 Catholic Values ETF
CATH
$1.36B
| $3.73M | ﹤0.01% |
57,050
-3,060
| -5% | -$194K |
|
2222
Essent Group
ESNT
$6.23B
| $3.71M | ﹤0.01% |
66,041
-11,835
| -15% | -$659K |
|
2223
Xtrackers US National Critical Technologies ETF
CRTC
$144M
| $3.71M | ﹤0.01% |
+121,725
| New | +$3.58M |
|
2224
Walker & Dunlop
WD
$1.47B
| $3.71M | ﹤0.01% |
37,731
+6,115
| +19% | +$582K |
|
2225
iShares Bitcoin Trust
IBIT
$47.2B
| $3.7M | ﹤0.01% |
108,497
+32,416
| +43% | +$1.21M |
|
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.