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 |
iShares 7-10 Year Treasury Bond ETF
IEF
|
+$1.03B |
| 2 |
State Street SPDR Portfolio Long Term Treasury ETF
SPTL
|
+$692M |
| 3 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$542M |
| 4 |
Apple
AAPL
|
+$197M |
| 5 |
Amazon
AMZN
|
+$157M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MBS ETF
MBB
|
+$853M |
| 2 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$225M |
| 3 |
Xtrackers USD High Yield Corporate Bond ETF
HYLB
|
+$215M |
| 4 |
iShares Broad USD High Yield Corporate Bond ETF
USHY
|
+$153M |
| 5 |
TSMC
TSM
|
+$124M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.52% |
| 2 | Financials | 12.28% |
| 3 | Consumer Discretionary | 11.76% |
| 4 | Healthcare | 9.84% |
| 5 | Communication Services | 7.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
iShares MSCI Global Metals & Mining Producers ETF
PICK
$2.31B
| $40.6M | 0.03% |
962,729
+59,393
| +7% | +$2.42M |
|
227
Dine Brands
DIN
$448M
| $40.5M | 0.03% |
449,653
-8,844
| -2% | -$688K |
|
228
CONMED
CNMD
$1.47B
| $40.4M | 0.03% |
309,249
-9,019
| -3% | -$1.09M |
|
|
PACW
229
DELISTED
PacWest Bancorp
PACW
| $40M | 0.03% |
1,048,041
-85,474
| -8% | -$3M |
|
230
Diageo
DEO
$51.6B
| $39.6M | 0.03% |
241,063
-5,893
| -2% | -$964K |
|
231
iShares US Medical Devices ETF
IHI
$3.34B
| $38.8M | 0.03% |
704,088
+52,386
| +8% | +$2.91M |
|
232
Alcon
ALC
$33.8B
| $37.6M | 0.03% |
535,693
-65,225
| -11% | -$4.62M |
|
233
Halozyme
HALO
$9.82B
| $37.4M | 0.03% |
898,077
-12,638
| -1% | -$577K |
|
234
Nice
NICE
$5.75B
| $37.1M | 0.03% |
170,289
-4,517
| -3% | -$1.13M |
|
235
Rockwell Automation
ROK
$49.4B
| $36.3M | 0.03% |
136,829
-2,452
| -2% | -$625K |
|
236
Cognyte Software
CGNT
$668M
| $35.1M | 0.02% |
+1,262,101
| New | +$37.5M |
|
237
ON Semiconductor
ON
$18.7B
| $35.1M | 0.02% |
843,163
-79,642
| -9% | -$3.06M |
|
238
iShares Core US Aggregate Bond ETF
AGG
$137B
| $34.5M | 0.02% |
303,353
-187,985
| -38% | -$21.8M |
|
239
Prestige Consumer Healthcare
PBH
$2.53B
| $34.3M | 0.02% |
779,124
-40,288
| -5% | -$1.69M |
|
240
RLJ Lodging Trust
RLJ
$1.81B
| $34.3M | 0.02% |
2,213,858
-129,686
| -6% | -$1.94M |
|
241
Freshpet
FRPT
$3.3B
| $33.5M | 0.02% |
210,978
+23,437
| +12% | +$3.54M |
|
242
Delek US
DK
$3.63B
| $32.7M | 0.02% |
1,503,129
-47,290
| -3% | -$1.03M |
|
243
Honeywell
HON
$76.9B
| $32.2M | 0.02% |
157,288
-7,335
| -4% | -$1.43M |
|
244
IPG Photonics
IPGP
$3.8B
| $32M | 0.02% |
151,805
-675
| -0.4% | -$153K |
|
245
Cummins
CMI
$88.3B
| $31.9M | 0.02% |
123,265
-6,048
| -5% | -$1.51M |
|
246
Omnicell
OMCL
$1.64B
| $31M | 0.02% |
238,581
+5,335
| +2% | +$684K |
|
247
Kennametal
KMT
$2.57B
| $30.4M | 0.02% |
760,087
-38,224
| -5% | -$1.49M |
|
248
Glacier Bancorp
GBCI
$6.39B
| $30.2M | 0.02% |
528,223
-30,744
| -6% | -$1.66M |
|
249
Rogers Corp
ROG
$2.39B
| $30M | 0.02% |
159,173
-7,521
| -5% | -$1.34M |
|
250
Helmerich & Payne
HP
$3.72B
| $29.6M | 0.02% |
1,098,652
-47,362
| -4% | -$1.31M |
|
Similar funds
Fisher Asset Management's Q1 2021 Portfolio in Review
As of Q1 2021, Fisher Asset Management held 1,105 positions worth $142B, up 6.4% from $133B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Fisher Asset Management's Q1 2021 filing shows 95 new, 327 increased, 470 reduced and 106 closed positions. Its largest new stake was iShares 7-10 Year Treasury Bond ETF: 8,801,434 shares worth $994M. The largest sale was iShares MBS ETF, an estimated $853M.
By sector, the portfolio is most concentrated in Technology at 26% of assets, down from 26% a quarter earlier, followed by Financials and Consumer Discretionary.
- Fisher Asset Management's largest Q1 2021 buy was iShares 7-10 Year Treasury Bond ETF: 8,801,434 shares worth $994M.
- Fisher Asset Management added most to State Street SPDR Portfolio Long Term Treasury ETF in Q1 2021, an estimated $692M increase.
- Fisher Asset Management's biggest Q1 2021 reduction was iShares MBS ETF, cutting an estimated $853M.
- Fisher Asset Management fully exited Mid-America Apartment Communities in Q1 2021, selling an estimated $38.3M.
- Fisher Asset Management's ten largest holdings make up 31% of its $142B portfolio in Q1 2021.
- Fisher Asset Management opened 95 new positions and closed 106 in Q1 2021.
- Fisher Asset Management's portfolio value rose 6.4% quarter-over-quarter to $142B.
Based on Fisher Asset Management's 13F filing for Q1 2021, filed 27 Apr 2021.