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 |
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
|
+$869M |
| 2 |
iShares S&P 100 ETF
OEF
|
+$803M |
| 3 |
iShares Core S&P 500 ETF
IVV
|
+$501M |
| 4 |
iShares MSCI Emerging Markets ex China ETF
EMXC
|
+$428M |
| 5 |
State Street SPDR Portfolio S&P 500 Value ETF
SPYV
|
+$378M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI EAFE Growth ETF
EFG
|
+$650M |
| 2 |
iShares MSCI USA Min Vol Factor ETF
USMV
|
+$541M |
| 3 |
Invesco BuyBack Achievers ETF
PKW
|
+$441M |
| 4 |
iShares Core S&P Mid-Cap ETF
IJH
|
+$403M |
| 5 |
Vanguard Short-Term Bond ETF
BSV
|
+$391M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 64.54% |
| 2 | Technology | 8.67% |
| 3 | Financials | 5.2% |
| 4 | Healthcare | 4.99% |
| 5 | Industrials | 4.04% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
Duke Energy
DUK
$92.8B
| $228M | 0.09% |
2,351,533
+84,227
| +4% | +$7.66M |
|
202
Amphenol
APH
$194B
| $228M | 0.09% |
9,189,568
+313,492
| +4% | +$6.92M |
|
203
Elevance Health
ELV
$90.8B
| $227M | 0.09% |
481,318
+18,740
| +4% | +$8.67M |
|
204
Vanguard Real Estate ETF
VNQ
$37.3B
| $227M | 0.09% |
2,566,268
-1,009,355
| -28% | -$80M |
|
205
Autodesk
ADSK
$47.8B
| $224M | 0.09% |
920,600
+52,432
| +6% | +$11.3M |
|
|
FISV
206
Fiserv Inc
FISV
$27.1B
| $223M | 0.09% |
1,681,286
+573,307
| +52% | +$70.4M |
|
207
iShares MSCI KLD 400 Social ETF
DSI
$5.43B
| $222M | 0.09% |
2,438,162
+273,658
| +13% | +$23.2M |
|
208
Walt Disney
DIS
$188B
| $221M | 0.09% |
2,443,504
+63,535
| +3% | +$5.6M |
|
209
Vanguard Morningstar Mega Cap Growth ETF
MGK
$33.4B
| $220M | 0.09% |
4,236,750
-625,435
| -13% | -$30.3M |
|
|
DFUS
210
Dimensional US Equity ETF
DFUS
$21.3B
| $219M | 0.09% |
4,234,056
-78,669
| -2% | -$3.81M |
|
211
Vanguard Morningstar Mid-Cap Value ETF
VOE
$23.9B
| $219M | 0.09% |
1,512,540
-270,497
| -15% | -$36.3M |
|
212
Snap-on
SNA
$19.4B
| $218M | 0.09% |
755,445
+16,972
| +2% | +$4.58M |
|
213
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23.4B
| $218M | 0.09% |
4,249,331
+577,341
| +16% | +$29M |
|
214
SPDR Gold Trust
GLD
$145B
| $217M | 0.09% |
1,135,592
-78,756
| -6% | -$14.4M |
|
215
General Dynamics
GD
$96.5B
| $216M | 0.09% |
830,403
-51,796
| -6% | -$12.6M |
|
216
iShares Intermediate Government/Credit Bond ETF
GVI
$3.75B
| $214M | 0.09% |
2,045,151
+177,632
| +10% | +$18.1M |
|
217
Intuitive Surgical
ISRG
$134B
| $212M | 0.09% |
628,630
+92,262
| +17% | +$27.5M |
|
218
American Electric Power
AEP
$66.5B
| $210M | 0.09% |
2,586,250
+1,043,885
| +68% | +$81M |
|
219
State Street Energy Select Sector SPDR ETF
XLE
$42.4B
| $209M | 0.09% |
4,993,730
-130,088
| -3% | -$5.56M |
|
220
Tractor Supply
TSCO
$17.6B
| $209M | 0.09% |
4,864,795
-876,905
| -15% | -$35.8M |
|
221
Crown Castle
CCI
$31.6B
| $209M | 0.09% |
1,812,312
+9,526
| +0.5% | +$976K |
|
222
State Street SPDR Portfolio Developed World ex-US ETF
SPDW
$41.6B
| $208M | 0.09% |
6,119,106
-67,842
| -1% | -$2.15M |
|
223
State Street Utilities Select Sector SPDR ETF
XLU
$21.7B
| $206M | 0.09% |
6,513,420
-2,649,040
| -29% | -$81M |
|
224
Novartis
NVS
$264B
| $205M | 0.08% |
2,032,130
-17,771
| -0.9% | -$1.72M |
|
225
O'Reilly Automotive
ORLY
$70.6B
| $205M | 0.08% |
3,239,310
+34,590
| +1% | +$2.19M |
|
Similar funds
Envestnet Asset Management's Q4 2023 Portfolio in Review
As of Q4 2023, Envestnet Asset Management held 4,243 positions worth $242B, up 11% from $219B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Envestnet Asset Management's Q4 2023 filing shows 241 new, 2,018 increased, 1,759 reduced and 201 closed positions. Its largest new stake was Fidelity Enhanced Large Cap Growth ETF: 4,233,938 shares worth $111M. The largest sale was iShares MSCI EAFE Growth ETF, an estimated $650M.
By sector, the portfolio is most concentrated in Miscellaneous at 65% of assets, down from 65% a quarter earlier, followed by Technology and Financials.
- Envestnet Asset Management's largest Q4 2023 buy was Fidelity Enhanced Large Cap Growth ETF: 4,233,938 shares worth $111M.
- Envestnet Asset Management added most to State Street SPDR Bloomberg 1-3 Month T-Bill ETF in Q4 2023, an estimated $869M increase.
- Envestnet Asset Management's biggest Q4 2023 reduction was iShares MSCI EAFE Growth ETF, cutting an estimated $650M.
- Envestnet Asset Management fully exited Invesco BulletShares 2023 High Yield Corporate Bond ETF in Q4 2023, selling an estimated $22M.
- Envestnet Asset Management's ten largest holdings make up 21% of its $242B portfolio in Q4 2023.
- Envestnet Asset Management opened 241 new positions and closed 201 in Q4 2023.
- Envestnet Asset Management's portfolio value rose 11% quarter-over-quarter to $242B.
Based on Envestnet Asset Management's 13F filing for Q4 2023, filed 13 Feb 2024.