Fisher Asset Management Portfolio holdings
Fisher Asset Management, LLC, operating as Fisher Investments, was founded in 1979 by Ken Fisher and is headquartered in Plano, Texas, following a relocation from Camas, Washington, in 2023. As an independent, fee-only investment adviser, it manages over $275 billion in assets for individual and institutional investors globally as of June 2024, offering tailored portfolio management through its Private Client Group and Institutional Group. Known for its active, top-down investment approach guided by a five-member Investment Policy Committee, the firm emphasizes asset allocation and has expanded internationally with offices in eight countries, including a wholly owned subsidiary, Fisher Investments Europe Limited, in London. With Ken Fisher as executive chairman and co-chief investment officer, succeeded as CEO by Damian Ornani in 2016, Fisher Investments blends a legacy of innovation with a client-first philosophy, recently spinning off its 401(k) Solutions into Fisher Retirement Solutions in 2024.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
AbbVie
ABBV
|
+$1.88B |
| 2 |
Pfizer
PFE
|
+$1.41B |
| 3 |
iShares 7-10 Year Treasury Bond ETF
IEF
|
+$1.17B |
| 4 |
Cisco
CSCO
|
+$1.1B |
| 5 |
Novartis
NVS
|
+$984M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Abbott
ABT
|
+$1.21B |
| 2 |
Adobe
ADBE
|
+$1.06B |
| 3 |
Stryker
SYK
|
+$955M |
| 4 |
Boston Scientific
BSX
|
+$695M |
| 5 |
Banco Santander
SAN
|
+$684M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 23.16% |
| 2 | Financials | 17.3% |
| 3 | Industrials | 10.45% |
| 4 | Healthcare | 9.91% |
| 5 | Energy | 8.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
401
SS&C Technologies
SSNC
$18.1B
| $9.44M | ﹤0.01% |
139,701
-19,023
| -12% | -$1.46M |
|
402
State Street Energy Select Sector SPDR ETF
XLE
$38.8B
| $9.21M | ﹤0.01% |
150,333
+13,364
| +10% | +$717K |
|
403
iShares ESG Aware MSCI USA ETF
ESGU
$17.7B
| $9.19M | ﹤0.01% |
64,963
+560
| +0.9% | +$82.8K |
|
404
Williams-Sonoma
WSM
$27.6B
| $8.99M | ﹤0.01% |
49,303
-2,322
| -4% | -$464K |
|
405
First Interstate BancSystem
FIBK
$3.67B
| $8.88M | ﹤0.01% |
265,957
+63
| +0% | +$2.25K |
|
406
Crescent Energy
CRGY
$3.46B
| $8.75M | ﹤0.01% |
648,068
-19,005
| -3% | -$199K |
|
407
Rayonier
RYN
$6.52B
| $8.69M | ﹤0.01% |
+421,641
| New | +$9.29M |
|
408
Mirum Pharmaceuticals
MIRM
$6.96B
| $8.6M | ﹤0.01% |
93,109
+79,020
| +561% | +$7.43M |
|
409
ENI
E
$73.5B
| $8.45M | ﹤0.01% |
149,182
-3,426
| -2% | -$154K |
|
410
Hewlett Packard
HPE
$63.8B
| $8.37M | ﹤0.01% |
351,392
-1,123
| -0.3% | -$24.9K |
|
411
Altria Group
MO
$122B
| $8.28M | ﹤0.01% |
125,545
+5,023
| +4% | +$323K |
|
412
Valero Energy
VLO
$90.5B
| $8.09M | ﹤0.01% |
32,729
+5,390
| +20% | +$1.11M |
|
413
General Motors
GM
$78.7B
| $8.03M | ﹤0.01% |
107,820
-5,118
| -5% | -$407K |
|
414
Bentley Systems
BSY
$10.2B
| $7.96M | ﹤0.01% |
226,720
+110
| +0% | +$4.04K |
|
415
Micron Technology
MU
$1.02T
| $7.88M | ﹤0.01% |
23,338
-30,192
| -56% | -$11.8M |
|
416
iShares Core S&P 500 ETF
IVV
$869B
| $7.79M | ﹤0.01% |
11,921
+4,819
| +68% | +$3.29M |
|
417
Worthington Steel
WS
$1.84B
| $7.77M | ﹤0.01% |
255,936
+17,598
| +7% | +$682K |
|
418
M&T Bank
MTB
$36B
| $7.73M | ﹤0.01% |
37,405
-1,789
| -5% | -$385K |
|
|
ONT
419
Onterris Inc
ONT
$718M
| $7.72M | ﹤0.01% |
352,569
| – | – |
|
420
NNN REIT
NNN
$9.36B
| $7.63M | ﹤0.01% |
181,500
+82,283
| +83% | +$3.55M |
|
421
Independent Bank
INDB
$4.03B
| $7.45M | ﹤0.01% |
99,020
-6,610
| -6% | -$518K |
|
422
Citizens Financial Group
CFG
$30.1B
| $7.42M | ﹤0.01% |
123,724
-4,700
| -4% | -$289K |
|
423
Paycom
PAYC
$7.05B
| $7.34M | ﹤0.01% |
60,362
-6,780
| -10% | -$907K |
|
424
Intel
INTC
$462B
| $7.33M | ﹤0.01% |
166,209
+15,604
| +10% | +$715K |
|
425
Federal Realty Investment Trust
FRT
$11B
| $7.29M | ﹤0.01% |
68,648
+12,941
| +23% | +$1.35M |
|
Similar funds
Fisher Asset Management's Q1 2026 Portfolio in Review
As of Q1 2026, Fisher Asset Management held 1,133 positions worth $295B, up 0.65% from $293B the previous quarter. Its ten largest holdings account for 33% of the portfolio.
Fisher Asset Management's Q1 2026 filing shows 116 new, 416 increased, 461 reduced and 117 closed positions. Its largest new stake was Portfolio Building Block World Pharma and Biotech Index ETF: 28,040,859 shares worth $717M. The largest sale was Abbott, an estimated $1.21B.
By sector, the portfolio is most concentrated in Technology at 23% of assets, down from 25% a quarter earlier, followed by Financials and Industrials.
- Fisher Asset Management's largest Q1 2026 buy was Portfolio Building Block World Pharma and Biotech Index ETF: 28,040,859 shares worth $717M.
- Fisher Asset Management added most to AbbVie in Q1 2026, an estimated $1.88B increase.
- Fisher Asset Management's biggest Q1 2026 reduction was Abbott, cutting an estimated $1.21B.
- Fisher Asset Management fully exited Trip.com Group in Q1 2026, selling an estimated $175M.
- Fisher Asset Management's ten largest holdings make up 33% of its $295B portfolio in Q1 2026.
- Fisher Asset Management opened 116 new positions and closed 117 in Q1 2026.
- Fisher Asset Management's portfolio value rose 0.65% quarter-over-quarter to $295B.
Based on Fisher Asset Management's 13F filing for Q1 2026, filed 5 May 2026.