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 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$558M |
| 2 |
Apple
AAPL
|
+$265M |
| 3 |
Microsoft
MSFT
|
+$209M |
| 4 |
Amazon
AMZN
|
+$197M |
| 5 |
Visa
V
|
+$180M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
COHR
Coherent Inc
COHR
|
+$86.3M |
| 2 |
TSMC
TSM
|
+$77.2M |
| 3 |
iShares MBS ETF
MBB
|
+$44.5M |
| 4 |
KSU
Kansas City Southern
KSU
|
+$43.8M |
| 5 |
Vale
VALE
|
+$28.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.97% |
| 2 | Financials | 12.67% |
| 3 | Consumer Discretionary | 11.32% |
| 4 | Healthcare | 10.27% |
| 5 | Communication Services | 7.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
Rockwell Automation
ROK
$53.5B
| $41.5M | 0.03% |
145,038
+8,209
| +6% | +$2.21M |
|
|
PACW
227
DELISTED
PacWest Bancorp
PACW
| $41.4M | 0.03% |
1,005,372
-42,669
| -4% | -$1.83M |
|
228
Webster Financial
WBS
$12.6B
| $41.4M | 0.03% |
775,770
-32,783
| -4% | -$1.82M |
|
229
New Oriental
EDU
$9.4B
| $40.3M | 0.03% |
491,647
-627
| -0.1% | -$76.1K |
|
230
iShares Core US Aggregate Bond ETF
AGG
$137B
| $39.1M | 0.02% |
339,441
+36,088
| +12% | +$4.13M |
|
231
Dine Brands
DIN
$458M
| $39M | 0.02% |
436,636
-13,017
| -3% | -$1.2M |
|
232
Vericel Corp
VCEL
$2.36B
| $38.4M | 0.02% |
731,092
+444,216
| +155% | +$25.3M |
|
233
TAL Education Group
TAL
$6.7B
| $37.7M | 0.02% |
1,493,125
-33,974
| -2% | -$1.52M |
|
234
Prestige Consumer Healthcare
PBH
$2.46B
| $36.9M | 0.02% |
708,532
-70,592
| -9% | -$3.39M |
|
235
Omnicell
OMCL
$1.71B
| $36.9M | 0.02% |
243,482
+4,901
| +2% | +$682K |
|
|
DENN
236
DELISTED
Denny's
DENN
| $36.7M | 0.02% |
2,226,838
-63,538
| -3% | -$1.11M |
|
237
Biogen
BIIB
$29.8B
| $36.4M | 0.02% |
105,075
+6,497
| +7% | +$1.97M |
|
238
Helmerich & Payne
HP
$3.41B
| $35.9M | 0.02% |
1,099,617
+965
| +0.1% | +$28.4K |
|
239
Freshpet
FRPT
$2.93B
| $35.5M | 0.02% |
217,581
+6,603
| +3% | +$1.13M |
|
240
Alcon
ALC
$34.2B
| $35.2M | 0.02% |
501,235
-34,458
| -6% | -$2.45M |
|
241
Oceaneering
OII
$4.85B
| $34.8M | 0.02% |
2,232,820
-37,418
| -2% | -$522K |
|
242
Honeywell
HON
$78.2B
| $33.8M | 0.02% |
163,284
+5,996
| +4% | +$1.27M |
|
243
ON Semiconductor
ON
$31.3B
| $33.2M | 0.02% |
868,120
+24,957
| +3% | +$980K |
|
244
RLJ Lodging Trust
RLJ
$1.87B
| $32.6M | 0.02% |
2,142,904
-70,954
| -3% | -$1.11M |
|
245
Delek US
DK
$4.05B
| $32.5M | 0.02% |
1,501,319
-1,810
| -0.1% | -$40.9K |
|
246
Rogers Corp
ROG
$2.24B
| $31.9M | 0.02% |
158,787
-386
| -0.2% | -$73.7K |
|
247
IPG Photonics
IPGP
$3.7B
| $31.8M | 0.02% |
150,949
-856
| -0.6% | -$180K |
|
248
BioCryst Pharmaceuticals
BCRX
$2.24B
| $31.8M | 0.02% |
+2,011,231
| New | +$27.3M |
|
249
Emergent Biosolutions
EBS
$382M
| $31.2M | 0.02% |
495,417
+13,685
| +3% | +$879K |
|
250
Century Aluminum
CENX
$4.47B
| $30.9M | 0.02% |
2,400,619
-164,551
| -6% | -$2.37M |
|
Similar funds
Fisher Asset Management's Q2 2021 Portfolio in Review
As of Q2 2021, Fisher Asset Management held 1,100 positions worth $159B, up 12% from $142B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Fisher Asset Management deployed $4.92B of net new capital in Q2 2021, opening 101 new positions and adding to 388 existing holdings. Its largest new stake was Organon & Co: 967,460 shares worth $29.3M.
By sector, the portfolio is most concentrated in Technology at 26% of assets, up from 26% a quarter earlier, followed by Financials and Consumer Discretionary.
On the sell side, the largest reduction was TSMC, an estimated $77.2M trimmed.
- Fisher Asset Management's largest Q2 2021 buy was Organon & Co: 967,460 shares worth $29.3M.
- Fisher Asset Management added most to Vanguard Intermediate-Term Corporate Bond ETF in Q2 2021, an estimated $558M increase.
- Fisher Asset Management's biggest Q2 2021 reduction was TSMC, cutting an estimated $77.2M.
- Fisher Asset Management fully exited Coherent Inc in Q2 2021, selling an estimated $86.3M.
- Fisher Asset Management's ten largest holdings make up 32% of its $159B portfolio in Q2 2021.
- Fisher Asset Management opened 101 new positions and closed 90 in Q2 2021.
- Fisher Asset Management's portfolio value rose 12% quarter-over-quarter to $159B.
Based on Fisher Asset Management's 13F filing for Q2 2021, filed 27 Jul 2021.