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 MSCI EAFE Value ETF
EFV
|
+$1.59B |
| 2 |
iShares Core Universal USD Bond ETF
IUSB
|
+$1.29B |
| 3 |
iShares Core US Aggregate Bond ETF
AGG
|
+$479M |
| 4 |
iShares Russell Top 200 Value ETF
IWX
|
+$468M |
| 5 |
iShares MSCI Emerging Markets ex China ETF
EMXC
|
+$431M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$778M |
| 2 |
Blackrock
BLK
|
+$540M |
| 3 |
iShares Russell Top 200 Growth ETF
IWY
|
+$512M |
| 4 |
State Street SPDR Portfolio S&P 500 Growth ETF
SPYG
|
+$479M |
| 5 |
iShares Currency Hedged MSCI EAFE ETF
HEFA
|
+$459M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.72% |
| 2 | Financials | 5.05% |
| 3 | Healthcare | 4.76% |
| 4 | Industrials | 3.91% |
| 5 | Consumer Discretionary | 3.71% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2276
Nextpower Inc
NXT
$15.7B
| $3.81M | ﹤0.01% |
101,634
-22,162
| -18% | -$924K |
|
2277
Dutch Bros
BROS
$8.93B
| $3.81M | ﹤0.01% |
118,913
+12,351
| +12% | +$435K |
|
2278
Wheaton Precious Metals
WPM
$61.3B
| $3.81M | ﹤0.01% |
62,356
+5,507
| +10% | +$328K |
|
2279
iRhythm Holdings
IRTC
$4.06B
| $3.8M | ﹤0.01% |
51,213
-1,396
| -3% | -$111K |
|
2280
Xtrackers Municipal Infrastructure Revenue Bond Active ETF
RVNU
$144M
| $3.8M | ﹤0.01% |
145,342
+22,965
| +19% | +$593K |
|
2281
Alamo Group
ALG
$2.01B
| $3.79M | ﹤0.01% |
21,057
+1,022
| +5% | +$182K |
|
2282
OGE Energy
OGE
$9.69B
| $3.79M | ﹤0.01% |
92,447
-2,307
| -2% | -$89.5K |
|
2283
First Trust Consumer Discretionary AlphaDEX Fund
FXD
$273M
| $3.79M | ﹤0.01% |
59,903
+1,164
| +2% | +$70.3K |
|
2284
IPG Photonics
IPGP
$3.71B
| $3.78M | ﹤0.01% |
50,852
+464
| +0.9% | +$34.7K |
|
2285
VanEck CEF Muni Income ETF
XMPT
$221M
| $3.78M | ﹤0.01% |
163,015
-178,974
| -52% | -$4.02M |
|
2286
Western Alliance Bancorporation
WAL
$8.92B
| $3.77M | ﹤0.01% |
43,635
+6,130
| +16% | +$472K |
|
2287
Franco-Nevada
FNV
$45.5B
| $3.75M | ﹤0.01% |
30,217
+2,927
| +11% | +$363K |
|
2288
Community Bank
CBU
$3.43B
| $3.74M | ﹤0.01% |
64,368
+8,689
| +16% | +$498K |
|
2289
Fortune Brands Innovations
FBIN
$5.83B
| $3.73M | ﹤0.01% |
41,717
+5,135
| +14% | +$394K |
|
2290
First Hawaiian
FHB
$3.36B
| $3.73M | ﹤0.01% |
161,189
+126,264
| +362% | +$2.95M |
|
2291
Invesco BulletShares 2026 Municipal Bond ETF
BSMQ
$271M
| $3.73M | ﹤0.01% |
157,107
+44,472
| +39% | +$1.05M |
|
2292
Absolute Select Value ETF
ABEQ
$144M
| $3.73M | ﹤0.01% |
113,860
-85,471
| -43% | -$2.7M |
|
2293
Innovator US Equity Power Buffer ETF November
PNOV
$898M
| $3.73M | ﹤0.01% |
100,981
-9,830
| -9% | -$360K |
|
2294
Nuveen Municipal Credit Income Fund
NZF
$2.42B
| $3.73M | ﹤0.01% |
284,536
+12,887
| +5% | +$164K |
|
2295
State Street SPDR Global Dow ETF
DGT
$631M
| $3.72M | ﹤0.01% |
27,018
-1,168
| -4% | -$154K |
|
2296
Dycom Industries
DY
$12.3B
| $3.72M | ﹤0.01% |
18,890
+287
| +2% | +$51.8K |
|
2297
LGI Homes
LGIH
$1.32B
| $3.72M | ﹤0.01% |
31,400
-1,341
| -4% | -$141K |
|
2298
BioMarin Pharmaceuticals
BMRN
$13.6B
| $3.72M | ﹤0.01% |
52,912
-45,515
| -46% | -$3.8M |
|
2299
WisdomTree Europe Hedged Equity Fund
HEDJ
$1.88B
| $3.72M | ﹤0.01% |
82,783
-137,912
| -62% | -$6.09M |
|
2300
BlackRock MuniHoldings Fund
MHD
$604M
| $3.72M | ﹤0.01% |
293,741
+21,057
| +8% | +$259K |
|
Similar funds
Envestnet Asset Management's Q3 2024 Portfolio in Review
As of Q3 2024, Envestnet Asset Management held 4,362 positions worth $310B, up 7.9% from $287B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Envestnet Asset Management's Q3 2024 filing shows 204 new, 2,389 increased, 1,590 reduced and 146 closed positions. Its largest new stake was Rockefeller Opportunistic Municipal Bond ETF: 954,013 shares worth $24.7M. The largest sale was iShares Core S&P 500 ETF, an estimated $778M.
By sector, the portfolio is most concentrated in Technology at 8.7% of assets, down from 9.3% a quarter earlier, followed by Financials and Healthcare.
- Envestnet Asset Management's largest Q3 2024 buy was Rockefeller Opportunistic Municipal Bond ETF: 954,013 shares worth $24.7M.
- Envestnet Asset Management added most to iShares MSCI EAFE Value ETF in Q3 2024, an estimated $1.59B increase.
- Envestnet Asset Management's biggest Q3 2024 reduction was iShares Core S&P 500 ETF, cutting an estimated $778M.
- Envestnet Asset Management fully exited Blackrock in Q3 2024, selling an estimated $540M.
- Envestnet Asset Management's ten largest holdings make up 21% of its $310B portfolio in Q3 2024.
- Envestnet Asset Management opened 204 new positions and closed 146 in Q3 2024.
- Envestnet Asset Management's portfolio value rose 7.9% quarter-over-quarter to $310B.
Based on Envestnet Asset Management's 13F filing for Q3 2024, filed 7 Nov 2024.