Envestnet Asset Management Q3 vs. Q4 2022: A Look at Fund Holdings Changes

Envestnet Asset Management, a provider of wealth management technology and services, recently released its Q3 and Q4 2022 13F filings. These filings disclose Envestnet's holdings in various funds, giving insight into how the company's portfolio has changed over time.

Looking at the data, it's clear that there have been a number of changes in Envestnet's holdings from Q3 to Q4. In this article, we'll take a closer look at some of the major shifts that have occurred.

One notable change is the decrease in Envestnet's holdings in ISHARES TR (IVV) from 33,947,472 to 32,078,193 shares. However, the value of these holdings actually increased slightly from $12,175,261 to $12,324,762, representing a 1.2% gain.

Another interesting development is the increase in Envestnet's holdings in VANGUARD BD INDEX FDS (BSV) from 63,237,117 to 64,995,941 shares. This increase represents a 3.4% change and is part of a broader trend of Envestnet increasing its exposure to bond funds.

On the equity side, Envestnet has also been making some significant changes. Holdings in VANGUARD INDEX FDS (VOO) increased from 12,959,620 to 13,765,705 shares, representing a 13.7% increase in value from $4,254,643 to $4,836,442.

Likewise, Envestnet increased its holdings in ISHARES TR (IUSB) from 85,277,313 to 100,358,355 shares, representing an 18.8% increase in value from $3,794,840 to $4,509,100. This increase in IUSB holdings is part of a broader trend of Envestnet increasing its exposure to fixed-income securities.

However, not all of Envestnet's holdings saw gains. Holdings in ISHARES TR (ESGU) decreased from 59,456,787 shares to 53,136,216 shares, representing a 4.6% decrease in value from $4,721,463 to $4,503,294.

Another surprising shift in holdings came from ISHARES TR (MBB), where Envestnet's holdings increased from 11,073,399 to 24,748,635 shares. This represents a massive 126.4% increase in value from $1,014,102 to $2,295,435.

Overall, it's clear that Envestnet has been actively adjusting its fund holdings in the past quarter. By examining these changes, investors may be able to gain insight into the strategy behind Envestnet's portfolio management and make informed decisions about their own investments.