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 | |
|---|---|---|---|---|---|---|
2251
First Trust Nasdaq Food & Beverage ETF
FTXG
$18.4M
| $2.09M | ﹤0.01% |
79,842
-465
| -0.6% | -$12.5K |
|
2252
Global X Cybersecurity ETF
BUG
$1.55B
| $2.09M | ﹤0.01% |
86,170
+7,323
| +9% | +$169K |
|
|
AHRT
2253
AH Realty Trust
AHRT
$508M
| $2.07M | ﹤0.01% |
177,422
-7,234
| -4% | -$84.4K |
|
2254
iShares MSCI Italy ETF
EWI
$1.08B
| $2.07M | ﹤0.01% |
64,938
-15,083
| -19% | -$469K |
|
2255
Fluor
FLR
$7.02B
| $2.06M | ﹤0.01% |
69,623
-116,196
| -63% | -$3.33M |
|
2256
Harley-Davidson
HOG
$2.88B
| $2.06M | ﹤0.01% |
58,498
-257,354
| -81% | -$8.99M |
|
2257
ProShares Short S&P500
SH
$838M
| $2.05M | ﹤0.01% |
36,900
-30,149
| -45% | -$1.78M |
|
2258
State Street SPDR S&P Pharmaceuticals ETF
XPH
$512M
| $2.05M | ﹤0.01% |
49,963
+12,771
| +34% | +$527K |
|
|
DQ
2259
Daqo New Energy
DQ
$1B
| $2.05M | ﹤0.01% |
51,558
-933,738
| -95% | -$38.9M |
|
2260
State Street SPDR Portfolio Corporate Bond ETF
SPBO
$2.1B
| $2.04M | ﹤0.01% |
70,719
+11,726
| +20% | +$339K |
|
2261
Valmont Industries
VMI
$9.49B
| $2.04M | ﹤0.01% |
7,015
-15,588
| -69% | -$4.5M |
|
2262
Cannae Holdings
CNNE
$681M
| $2.04M | ﹤0.01% |
100,888
+5,245
| +5% | +$101K |
|
2263
InterDigital
IDCC
$8.95B
| $2.04M | ﹤0.01% |
21,090
+1,880
| +10% | +$152K |
|
2264
Helen of Troy
HELE
$698M
| $2.03M | ﹤0.01% |
18,839
+3,188
| +20% | +$305K |
|
2265
First Trust STOXX European Select Dividend Income Fund
FDD
$908M
| $2.03M | ﹤0.01% |
179,002
+5,637
| +3% | +$66.6K |
|
2266
Invesco
IVZ
$14.3B
| $2.03M | ﹤0.01% |
120,822
-57,665
| -32% | -$928K |
|
2267
Invesco S&P 500 High Beta ETF
SPHB
$961M
| $2.03M | ﹤0.01% |
26,562
-4,626
| -15% | -$322K |
|
2268
Roblox
RBLX
$27.1B
| $2.03M | ﹤0.01% |
50,332
+25,937
| +106% | +$1.04M |
|
2269
Kornit Digital
KRNT
$838M
| $2.03M | ﹤0.01% |
69,034
+3,523
| +5% | +$79.6K |
|
2270
Guardant Health
GH
$21.7B
| $2.03M | ﹤0.01% |
56,606
+9,788
| +21% | +$281K |
|
2271
WisdomTree Managed Futures Strategy Fund
WTMF
$250M
| $2.02M | ﹤0.01% |
57,828
+11,251
| +24% | +$386K |
|
2272
Seacoast Banking Corp of Florida
SBCF
$3.47B
| $2.02M | ﹤0.01% |
91,445
+26,989
| +42% | +$587K |
|
|
GMS
2273
DELISTED
GMS Inc
GMS
| $2.02M | ﹤0.01% |
29,187
-432,998
| -94% | -$26.8M |
|
2274
Wynn Resorts
WYNN
$10.5B
| $2.02M | ﹤0.01% |
19,087
-7,055
| -27% | -$756K |
|
2275
Freedom 100 Emerging Markets ETF
FRDM
$3.44B
| $2.01M | ﹤0.01% |
64,214
+16,237
| +34% | +$492K |
|
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.