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 | |
|---|---|---|---|---|---|---|
|
QHY
2351
WisdomTree U.S. High Yield Corporate Bond Fund
QHY
$243M
| $2.87M | ﹤0.01% |
63,327
-41,018
| -39% | -$1.85M |
|
2352
iShares Morningstar Mid-Cap ETF
IMCB
$1.73B
| $2.86M | ﹤0.01% |
39,281
-794
| -2% | -$54.4K |
|
2353
Core & Main
CNM
$8.55B
| $2.86M | ﹤0.01% |
49,925
+1,197
| +2% | +$54.8K |
|
2354
Cars.com
CARS
$653M
| $2.85M | ﹤0.01% |
166,176
+41,969
| +34% | +$749K |
|
2355
AeroVironment
AVAV
$9.83B
| $2.85M | ﹤0.01% |
18,587
+4,827
| +35% | +$645K |
|
2356
Blueprint Chesapeake Multi-Asset Trend ETF
TFPN
$159M
| $2.85M | ﹤0.01% |
109,436
+3,088
| +3% | +$76.4K |
|
2357
FlexShares Credit-Scored US Corporate Bond Index Fund
SKOR
$737M
| $2.84M | ﹤0.01% |
59,499
+771
| +1% | +$36.7K |
|
2358
First Bancorp
FBNC
$2.75B
| $2.82M | ﹤0.01% |
77,968
+14,872
| +24% | +$518K |
|
2359
CRISPR Therapeutics
CRSP
$5.14B
| $2.82M | ﹤0.01% |
41,317
+1,930
| +5% | +$138K |
|
2360
Ericsson
ERIC
$33.5B
| $2.81M | ﹤0.01% |
509,861
+263,372
| +107% | +$1.48M |
|
2361
JPMorgan ActiveBuilders Emerging Markets Equity ETF
JEMA
$1.69B
| $2.81M | ﹤0.01% |
76,629
+31,539
| +70% | +$1.13M |
|
2362
PagerDuty
PD
$922M
| $2.78M | ﹤0.01% |
122,705
+2,019
| +2% | +$47.9K |
|
2363
Vishay Intertechnology
VSH
$5.32B
| $2.78M | ﹤0.01% |
122,638
-20,855
| -15% | -$464K |
|
2364
Pediatrix Medical
MD
$2.16B
| $2.78M | ﹤0.01% |
277,237
+27,258
| +11% | +$254K |
|
2365
Kratos Defense & Security Solutions
KTOS
$12.1B
| $2.78M | ﹤0.01% |
151,115
-23,981
| -14% | -$437K |
|
2366
Boyd Gaming
BYD
$6.08B
| $2.76M | ﹤0.01% |
41,048
-2,235
| -5% | -$142K |
|
2367
MYR Group
MYRG
$5.19B
| $2.76M | ﹤0.01% |
15,632
-854
| -5% | -$131K |
|
|
MFM
2368
Aberdeen Municipal Income Fund
MFM
$224M
| $2.76M | ﹤0.01% |
514,393
+46,195
| +10% | +$243K |
|
2369
Cohen & Steers Duration Preferred & Income Fund
LDP
$601M
| $2.76M | ﹤0.01% |
137,387
+29,700
| +28% | +$577K |
|
2370
iShares MSCI Emerging Markets Small-Cap ETF
EEMS
$377M
| $2.75M | ﹤0.01% |
46,705
+3,013
| +7% | +$174K |
|
2371
iShares Currency Hedged MSCI Eurozone ETF
HEZU
$589M
| $2.75M | ﹤0.01% |
74,727
-339
| -0.5% | -$11.7K |
|
2372
Hercules Capital
HTGC
$3.14B
| $2.74M | ﹤0.01% |
148,704
+92,184
| +163% | +$1.64M |
|
2373
Global X Silver Miners ETF NEW
SIL
$4.8B
| $2.73M | ﹤0.01% |
99,580
+4,838
| +5% | +$122K |
|
2374
Invesco S&P MidCap 400 GARP ETF
GRPM
$509M
| $2.73M | ﹤0.01% |
22,696
+3,325
| +17% | +$352K |
|
2375
Grid Dynamics Holdings
GDYN
$624M
| $2.73M | ﹤0.01% |
221,913
+6,400
| +3% | +$83.5K |
|
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.