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 |
Citigroup
C
|
+$1.16B |
| 2 |
State Street SPDR Portfolio Short Term Treasury ETF
SPTS
|
+$973M |
| 3 |
Boeing
BA
|
+$825M |
| 4 |
Booking.com
BKNG
|
+$807M |
| 5 |
Las Vegas Sands
LVS
|
+$507M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.2B |
| 2 |
Microsoft
MSFT
|
+$1.06B |
| 3 |
Amazon
AMZN
|
+$1.01B |
| 4 |
Netflix
NFLX
|
+$835M |
| 5 |
Meta Platforms (Facebook)
META
|
+$745M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.64% |
| 2 | Financials | 11.65% |
| 3 | Consumer Discretionary | 9.35% |
| 4 | Healthcare | 9.23% |
| 5 | Industrials | 8.15% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
251
iShares MBS ETF
MBB
$39B
| $39.1M | 0.02% |
412,380
-152,713
| -27% | -$14.4M |
|
|
JWN
252
DELISTED
Nordstrom
JWN
| $38.8M | 0.02% |
2,386,742
+73,750
| +3% | +$1.38M |
|
253
Ziff Davis
ZD
$1.88B
| $38.8M | 0.02% |
496,675
-8,425
| -2% | -$691K |
|
254
Yelp
YELP
$1.38B
| $38.6M | 0.02% |
1,255,804
-24,693
| -2% | -$743K |
|
255
Lumentum
LITE
$65.2B
| $38.3M | 0.02% |
708,261
-17,232
| -2% | -$961K |
|
256
RLJ Lodging Trust
RLJ
$1.81B
| $38.1M | 0.02% |
3,572,175
-101,224
| -3% | -$1.14M |
|
|
DVAX
257
DELISTED
Dynavax Technologies
DVAX
| $38.1M | 0.02% |
3,886,525
-197,164
| -5% | -$2.1M |
|
258
ATI
ATI
$30.5B
| $37.9M | 0.02% |
961,477
-29,461
| -3% | -$1.11M |
|
259
Columbia Banking Systems
COLB
$8.78B
| $37.8M | 0.02% |
1,763,492
+1,731,531
| +5,418% | +$48.1M |
|
260
KB Financial Group
KB
$42.6B
| $37M | 0.02% |
1,008,511
+49
| +0% | +$2.02K |
|
261
Independence Realty Trust
IRT
$4B
| $37M | 0.02% |
2,286,777
-117,923
| -5% | -$2.07M |
|
262
Biogen
BIIB
$30.5B
| $36.9M | 0.02% |
132,817
+322
| +0.2% | +$89.1K |
|
|
MDRX
263
DELISTED
Veradigm Inc. Common Stock
MDRX
| $36.3M | 0.02% |
2,784,252
-1,644,727
| -37% | -$26.6M |
|
264
BioCryst Pharmaceuticals
BCRX
$2.38B
| $35.8M | 0.02% |
4,293,396
-137,718
| -3% | -$1.33M |
|
|
BPMC
265
DELISTED
Blueprint Medicines
BPMC
| $35.7M | 0.02% |
794,071
-49,019
| -6% | -$2.21M |
|
266
Intel
INTC
$503B
| $35.6M | 0.02% |
1,088,198
-45,781
| -4% | -$1.3M |
|
267
Dana Inc
DAN
$2.94B
| $35.3M | 0.02% |
2,346,626
-14,323
| -0.6% | -$234K |
|
268
Nucor
NUE
$61.9B
| $35.1M | 0.02% |
226,505
+5,802
| +3% | +$923K |
|
269
Range Resources
RRC
$9.01B
| $35M | 0.02% |
1,322,851
-129,829
| -9% | -$3.27M |
|
270
Webster Financial
WBS
$12.8B
| $34.7M | 0.02% |
879,596
-58,084
| -6% | -$2.79M |
|
271
Aptiv
APTV
$9.61B
| $34.6M | 0.02% |
308,401
-14,801
| -5% | -$1.63M |
|
272
Honeywell
HON
$76.3B
| $33.9M | 0.02% |
188,133
-1,529
| -0.8% | -$287K |
|
273
Xylem
XYL
$28.2B
| $33.9M | 0.02% |
323,305
+75,938
| +31% | +$7.93M |
|
274
Globant
GLOB
$1.61B
| $33.5M | 0.02% |
203,985
-635,150
| -76% | -$104M |
|
275
Eaton
ETN
$174B
| $33.2M | 0.02% |
193,726
+9,187
| +5% | +$1.53M |
|
Similar funds
Fisher Asset Management's Q1 2023 Portfolio in Review
As of Q1 2023, Fisher Asset Management held 1,208 positions worth $165B, up 11% from $148B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Fisher Asset Management's Q1 2023 filing shows 183 new, 335 increased, 567 reduced and 73 closed positions. Its largest new stake was State Street SPDR Portfolio Short Term Treasury ETF: 33,536,153 shares worth $980M. The largest sale was Apple, an estimated $1.2B.
By sector, the portfolio is most concentrated in Technology at 27% of assets, up from 25% a quarter earlier, followed by Financials and Consumer Discretionary.
- Fisher Asset Management's largest Q1 2023 buy was State Street SPDR Portfolio Short Term Treasury ETF: 33,536,153 shares worth $980M.
- Fisher Asset Management added most to Citigroup in Q1 2023, an estimated $1.16B increase.
- Fisher Asset Management's biggest Q1 2023 reduction was Apple, cutting an estimated $1.2B.
- Fisher Asset Management fully exited SVB Financial Group in Q1 2023, selling an estimated $114M.
- Fisher Asset Management's ten largest holdings make up 26% of its $165B portfolio in Q1 2023.
- Fisher Asset Management opened 183 new positions and closed 73 in Q1 2023.
- Fisher Asset Management's portfolio value rose 11% quarter-over-quarter to $165B.
Based on Fisher Asset Management's 13F filing for Q1 2023, filed 1 May 2023.