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 | |
|---|---|---|---|---|---|---|
2451
Mobileye
MBLY
$7.57B
| $1.55M | ﹤0.01% |
40,399
+32,461
| +409% | +$1.32M |
|
|
EFT
2452
Eaton Vance Floating-Rate Income Trust
EFT
$290M
| $1.55M | ﹤0.01% |
132,727
-19,879
| -13% | -$228K |
|
2453
Zoom
ZM
$32.2B
| $1.55M | ﹤0.01% |
22,828
-50,207
| -69% | -$3.36M |
|
|
CALY
2454
Callaway Golf Company
CALY
$2.95B
| $1.54M | ﹤0.01% |
77,687
+27,715
| +55% | +$555K |
|
2455
Janus Henderson Small Cap Growth Alpha ETF
JSML
$382M
| $1.54M | ﹤0.01% |
27,105
-12,823
| -32% | -$661K |
|
|
KIO
2456
KKR Income Opportunities Fund
KIO
$459M
| $1.54M | ﹤0.01% |
132,451
+6,953
| +6% | +$77.7K |
|
2457
AllianzIM U.S. Equity 6 Month Buffer10 Apr/Oct ETF
SIXO
$120M
| $1.54M | ﹤0.01% |
55,607
+28,738
| +107% | +$768K |
|
|
AMWD
2458
DELISTED
American Woodmark
AMWD
| $1.54M | ﹤0.01% |
20,100
+371
| +2% | +$21.5K |
|
2459
MYR Group
MYRG
$5.1B
| $1.53M | ﹤0.01% |
11,059
-884
| -7% | -$115K |
|
|
FPI
2460
Farmland Partners
FPI
$425M
| $1.53M | ﹤0.01% |
125,034
+3,229
| +3% | +$36.2K |
|
2461
FLEX LNG
FLNG
$1.64B
| $1.52M | ﹤0.01% |
49,873
-1,063
| -2% | -$34K |
|
|
EAD
2462
Allspring Income Opportunities Fund
EAD
$377M
| $1.52M | ﹤0.01% |
235,076
+88,815
| +61% | +$562K |
|
2463
Stewart Information Services
STC
$2.07B
| $1.51M | ﹤0.01% |
36,809
+208
| +0.6% | +$8.79K |
|
2464
ESAB
ESAB
$5.29B
| $1.51M | ﹤0.01% |
22,712
+4,211
| +23% | +$255K |
|
2465
Silicon Motion
SIMO
$8.45B
| $1.51M | ﹤0.01% |
21,003
-12,973
| -38% | -$829K |
|
2466
Millicom
TIGO
$15.8B
| $1.51M | ﹤0.01% |
98,816
+8,130
| +9% | +$144K |
|
2467
Roku
ROKU
$22.9B
| $1.5M | ﹤0.01% |
23,525
-5,103
| -18% | -$310K |
|
2468
Cleveland-Cliffs
CLF
$6.93B
| $1.5M | ﹤0.01% |
89,387
+48,949
| +121% | +$776K |
|
2469
Invesco BulletShares 2028 Corporate Bond ETF
BSCS
$3.59B
| $1.5M | ﹤0.01% |
75,726
+4,580
| +6% | +$91.5K |
|
2470
JFrog
FROG
$11.5B
| $1.49M | ﹤0.01% |
53,855
-1,382
| -3% | -$31.6K |
|
2471
Schwab Municipal Bond ETF
SCMB
$3.98B
| $1.49M | ﹤0.01% |
57,484
+132
| +0.2% | +$3.42K |
|
2472
Zscaler
ZS
$30.4B
| $1.48M | ﹤0.01% |
10,146
+2,477
| +32% | +$302K |
|
|
HTLF
2473
DELISTED
Heartland Financial USA, Inc.
HTLF
| $1.48M | ﹤0.01% |
53,257
-49,026
| -48% | -$1.52M |
|
2474
Innovator S&P Investment Grade Preferred ETF
EPRF
$68.6M
| $1.48M | ﹤0.01% |
80,743
+182
| +0.2% | +$3.34K |
|
2475
Benchmark Electronics
BHE
$2.89B
| $1.48M | ﹤0.01% |
57,296
-646
| -1% | -$14.9K |
|
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.