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 |
BlackRock US Equity Factor Rotation ETF
DYNF
|
+$2.39B |
| 2 |
iShares Core Universal USD Bond ETF
IUSB
|
+$1.55B |
| 3 |
iShares S&P 500 Value ETF
IVE
|
+$1.36B |
| 4 |
iShares S&P 500 Growth ETF
IVW
|
+$948M |
| 5 |
iShares Currency Hedged MSCI EAFE ETF
HEFA
|
+$706M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$2.01B |
| 2 |
iShares Treasury Floating Rate Bond ETF
TFLO
|
+$1.3B |
| 3 |
iShares ESG Aware MSCI USA ETF
ESGU
|
+$883M |
| 4 |
iShares S&P 100 ETF
OEF
|
+$788M |
| 5 |
iShares MSCI USA Min Vol Factor ETF
USMV
|
+$734M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 9.07% |
| 2 | Financials | 5.49% |
| 3 | Healthcare | 5.18% |
| 4 | Industrials | 4.16% |
| 5 | Consumer Discretionary | 3.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2251
Calix
CALX
$2.48B
| $3.34M | ﹤0.01% |
100,674
+19,553
| +24% | +$729K |
|
|
BSMP
2252
DELISTED
Invesco BulletShares 2025 Municipal Bond ETF
BSMP
| $3.33M | ﹤0.01% |
136,766
+19,395
| +17% | +$474K |
|
2253
LGI Homes
LGIH
$1.38B
| $3.33M | ﹤0.01% |
28,596
+3,844
| +16% | +$454K |
|
2254
Ballast Small/Mid Cap ETF
MGMT
$177M
| $3.33M | ﹤0.01% |
87,744
-4,167
| -5% | -$151K |
|
2255
ETRACS UBS Bloomberg Constant Maturity Commodity Index (CMCI) Total Return ETN Series B due Apr 5 2038
UCIB
$33.9M
| $3.32M | ﹤0.01% |
130,346
+18,665
| +17% | +$457K |
|
2256
Royal Gold
RGLD
$19.7B
| $3.32M | ﹤0.01% |
27,288
-22,462
| -45% | -$2.54M |
|
2257
AllianzIM U.S. Equity Buffer20 Oct ETF
OCTW
$322M
| $3.32M | ﹤0.01% |
98,042
+14,229
| +17% | +$474K |
|
2258
WisdomTree US Efficient Core Fund
NTSX
$1.41B
| $3.32M | ﹤0.01% |
78,509
-16,858
| -18% | -$688K |
|
2259
Invesco RAFI Strategic US ETF
IUS
$958M
| $3.31M | ﹤0.01% |
69,810
+22,904
| +49% | +$1.03M |
|
2260
Global X Uranium ETF
URA
$6.36B
| $3.31M | ﹤0.01% |
114,816
+37,693
| +49% | +$1.09M |
|
2261
Direxion HCM Tactical Enhanced US ETF
HCMT
$622M
| $3.31M | ﹤0.01% |
106,968
-48,672
| -31% | -$1.4M |
|
2262
CBIZ
CBZ
$2.96B
| $3.3M | ﹤0.01% |
42,006
+1,472
| +4% | +$102K |
|
|
MASI
2263
DELISTED
Masimo
MASI
| $3.29M | ﹤0.01% |
22,414
+2,285
| +11% | +$295K |
|
2264
Bank of America Series L
BAC.PRL
$4.01B
| $3.29M | ﹤0.01% |
2,752
+93
| +3% | +$111K |
|
2265
Saic
SAIC
$5.34B
| $3.28M | ﹤0.01% |
25,175
+3,177
| +14% | +$421K |
|
2266
Nuveen ESG High Yield Corporate Bond ETF
NUHY
$111M
| $3.28M | ﹤0.01% |
155,174
-2,300
| -1% | -$48.3K |
|
2267
First Trust Small Cap Growth AlphaDEX Fund
FYC
$1.41B
| $3.27M | ﹤0.01% |
49,728
-1,034
| -2% | -$64.8K |
|
2268
Pinduoduo
PDD
$120B
| $3.27M | ﹤0.01% |
28,098
+7,037
| +33% | +$922K |
|
2269
LegalZoom.com
LZ
$978M
| $3.26M | ﹤0.01% |
244,330
+64,716
| +36% | +$745K |
|
|
PHK
2270
PIMCO High Income Fund
PHK
$865M
| $3.26M | ﹤0.01% |
659,501
+83,589
| +15% | +$412K |
|
2271
FT Vest US Equity Moderate Buffer ETF June
GJUN
$536M
| $3.26M | ﹤0.01% |
97,650
+56,635
| +138% | +$1.85M |
|
2272
Franklin US Treasury Bond ETF
FLGV
$1.04B
| $3.25M | ﹤0.01% |
158,785
+41,483
| +35% | +$851K |
|
2273
ProShares Short S&P500
SH
$840M
| $3.25M | ﹤0.01% |
68,417
-83,405
| -55% | -$4.17M |
|
2274
Nuveen Municipal Credit Income Fund
NZF
$2.43B
| $3.23M | ﹤0.01% |
263,530
-4,349
| -2% | -$51.8K |
|
|
CALY
2275
Callaway Golf Company
CALY
$2.98B
| $3.22M | ﹤0.01% |
199,221
+38,235
| +24% | +$543K |
|
Similar funds
Envestnet Asset Management's Q1 2024 Portfolio in Review
As of Q1 2024, Envestnet Asset Management held 4,339 positions worth $268B, up 11% from $242B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Envestnet Asset Management deployed $9.25B of net new capital in Q1 2024, opening 297 new positions and adding to 2,310 existing holdings. Its largest new stake was BlackRock US Equity Factor Rotation ETF: 57,065,385 shares worth $2.53B.
By sector, the portfolio is most concentrated in Technology at 9.1% of assets, up from 8.7% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was iShares Core S&P 500 ETF, an estimated $2.01B trimmed.
- Envestnet Asset Management's largest Q1 2024 buy was BlackRock US Equity Factor Rotation ETF: 57,065,385 shares worth $2.53B.
- Envestnet Asset Management added most to iShares Core Universal USD Bond ETF in Q1 2024, an estimated $1.55B increase.
- Envestnet Asset Management's biggest Q1 2024 reduction was iShares Core S&P 500 ETF, cutting an estimated $2.01B.
- Envestnet Asset Management fully exited Splunk Inc in Q1 2024, selling an estimated $21.8M.
- Envestnet Asset Management's ten largest holdings make up 20% of its $268B portfolio in Q1 2024.
- Envestnet Asset Management opened 297 new positions and closed 169 in Q1 2024.
- Envestnet Asset Management's portfolio value rose 11% quarter-over-quarter to $268B.
Based on Envestnet Asset Management's 13F filing for Q1 2024, filed 13 May 2024.