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 | |
|---|---|---|---|---|---|---|
|
AVNS
2276
DELISTED
Avanos Medical
AVNS
| $2.01M | ﹤0.01% |
78,752
-174,486
| -69% | -$4.6M |
|
2277
Wolverine World Wide
WWW
$1.62B
| $2.01M | ﹤0.01% |
136,700
-1,279
| -0.9% | -$19.5K |
|
2278
Invesco S&P MidCap 400 Revenue ETF
RWK
$1.35B
| $2.01M | ﹤0.01% |
20,882
-9,491
| -31% | -$851K |
|
2279
Simplify Hedged Equity ETF
HEQT
$305M
| $2M | ﹤0.01% |
80,747
+13,286
| +20% | +$321K |
|
2280
State Street SPDR S&P Bank ETF
KBE
$1.75B
| $2M | ﹤0.01% |
55,574
-33,961
| -38% | -$1.21M |
|
2281
Ballast Small/Mid Cap ETF
MGMT
$177M
| $2M | ﹤0.01% |
56,480
-1,810
| -3% | -$60.2K |
|
2282
First Financial Bancorp
FFBC
$3.61B
| $2M | ﹤0.01% |
97,691
+2,094
| +2% | +$42.6K |
|
2283
Valvoline
VVV
$4.31B
| $1.99M | ﹤0.01% |
53,131
-2,054
| -4% | -$74.6K |
|
2284
i3 Verticals
IIIV
$325M
| $1.99M | ﹤0.01% |
86,990
-5,284
| -6% | -$123K |
|
2285
Pacer Data & Infrastructure Real Estate ETF
SRVR
$388M
| $1.98M | ﹤0.01% |
67,893
+3,458
| +5% | +$100K |
|
2286
Nuveen Municipal High Income Opportunity Fund
NMZ
$2.22B
| $1.98M | ﹤0.01% |
187,484
+7,594
| +4% | +$80.6K |
|
2287
iShares MSCI Global Metals & Mining Producers ETF
PICK
$2.28B
| $1.98M | ﹤0.01% |
48,938
+16,009
| +49% | +$653K |
|
2288
Tortoise North American Pipeline ETF
TPYP
$872M
| $1.98M | ﹤0.01% |
80,292
+110
| +0.1% | +$2.68K |
|
2289
OrthoPediatrics
KIDS
$654M
| $1.98M | ﹤0.01% |
45,091
-363
| -0.8% | -$16.7K |
|
2290
Innovator International Developed Power Buffer ETF January
IJAN
$263M
| $1.98M | ﹤0.01% |
67,854
+6,266
| +10% | +$181K |
|
2291
Artisan Partners
APAM
$3.03B
| $1.97M | ﹤0.01% |
50,200
+339
| +0.7% | +$11.7K |
|
2292
Plains GP Holdings
PAGP
$5.05B
| $1.97M | ﹤0.01% |
132,712
+13,890
| +12% | +$192K |
|
2293
iShares CMBS ETF
CMBS
$473M
| $1.96M | ﹤0.01% |
42,848
+14,900
| +53% | +$690K |
|
2294
Ralph Lauren
RL
$23B
| $1.95M | ﹤0.01% |
15,827
-254,172
| -94% | -$29.3M |
|
2295
Global X SuperIncome Preferred ETF
SPFF
$144M
| $1.95M | ﹤0.01% |
215,530
+78,366
| +57% | +$705K |
|
2296
Indivior Pharmaceuticals
INDV
$4.51B
| $1.95M | ﹤0.01% |
+81,678
| New | +$1.87M |
|
2297
Calix
CALX
$2.51B
| $1.94M | ﹤0.01% |
38,890
+3,734
| +11% | +$180K |
|
|
APLS
2298
DELISTED
Apellis Pharmaceuticals
APLS
| $1.94M | ﹤0.01% |
21,305
+561
| +3% | +$48.4K |
|
2299
Innovator US Equity Power Buffer ETF February
PFEB
$926M
| $1.94M | ﹤0.01% |
63,025
-12,320
| -16% | -$367K |
|
2300
LGI Homes
LGIH
$1.37B
| $1.94M | ﹤0.01% |
14,386
+184
| +1% | +$22.1K |
|
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.