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 |
Shell
SHEL
|
+$1.04B |
| 2 |
State Street SPDR Portfolio Long Term Treasury ETF
SPTL
|
+$896M |
| 3 |
BHP
BHP
|
+$620M |
| 4 |
Amazon
AMZN
|
+$608M |
| 5 |
NVIDIA
NVDA
|
+$555M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
RDS.A
Royal Dutch Shell PLC ADS Class A
RDS.A
|
+$813M |
| 2 |
Walt Disney
DIS
|
+$667M |
| 3 |
Intel
INTC
|
+$658M |
| 4 |
UnitedHealth
UNH
|
+$649M |
| 5 |
Cisco
CSCO
|
+$646M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 29.43% |
| 2 | Healthcare | 10.84% |
| 3 | Financials | 9.96% |
| 4 | Consumer Discretionary | 9.46% |
| 5 | Communication Services | 7.22% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
276
Sony
SONY
$136B
| $24.2M | 0.01% |
1,179,885
-1,385
| -0.1% | -$30.1K |
|
277
Diodes
DIOD
$4.55B
| $24.1M | 0.01% |
277,596
-13,000
| -4% | -$1.18M |
|
|
278
UnitedHealth
UNH
$367B
| $24.1M | 0.01% |
47,338
-1,345,560
| -97% | -$649M |
|
279
NOV
NOV
$7.09B
| $24.1M | 0.01% |
1,230,382
-450
| -0% | -$7.88K |
|
280
Paylocity
PCTY
$8.04B
| $24M | 0.01% |
116,446
-4,102
| -3% | -$830K |
|
281
Freshpet
FRPT
$3.21B
| $22.9M | 0.01% |
223,144
+3,547
| +2% | +$334K |
|
282
AeroVironment
AVAV
$8.66B
| $22.7M | 0.01% |
241,157
+13,352
| +6% | +$924K |
|
283
Merit Medical Systems
MMSI
$5.24B
| $22.5M | 0.01% |
338,326
+18,717
| +6% | +$1.13M |
|
|
ARNC
284
DELISTED
Arconic Corporation
ARNC
| $22M | 0.01% |
857,051
+273,512
| +47% | +$8.13M |
|
285
Prosperity Bancshares
PB
$8.88B
| $21.7M | 0.01% |
313,325
+62,189
| +25% | +$4.58M |
|
|
ZEN
286
DELISTED
ZENDESK INC
ZEN
| $20.2M | 0.01% |
167,870
-5,160
| -3% | -$561K |
|
287
Emergent Biosolutions
EBS
$272M
| $19.9M | 0.01% |
485,787
-12,458
| -3% | -$549K |
|
|
INVX
288
Innovex International
INVX
$2.15B
| $19.9M | 0.01% |
533,438
-137
| -0% | -$3.93K |
|
289
Kennametal
KMT
$2.58B
| $19.6M | 0.01% |
684,764
-3,298
| -0.5% | -$108K |
|
|
FRC
290
DELISTED
First Republic Bank
FRC
| $18.9M | 0.01% |
116,288
-677
| -0.6% | -$118K |
|
291
Ambev
ABEV
$46.5B
| $18.6M | 0.01% |
5,752,862
-80,743
| -1% | -$226K |
|
292
Amgen
AMGN
$219B
| $18.5M | 0.01% |
76,614
-2,406
| -3% | -$553K |
|
293
ProPetro Holding
PUMP
$1.34B
| $18.5M | 0.01% |
1,326,934
-9,217
| -0.7% | -$110K |
|
294
Equinor
EQNR
$93.7B
| $17.8M | 0.01% |
474,655
+15,109
| +3% | +$470K |
|
|
GTHX
295
DELISTED
G1 Therapeutics, Inc. Common Stock
GTHX
| $17.6M | 0.01% |
2,311,138
+43,064
| +2% | +$408K |
|
296
Teradyne
TER
$60.2B
| $17.1M | 0.01% |
144,688
+1,679
| +1% | +$213K |
|
297
United Parcel Service
UPS
$87.8B
| $17M | 0.01% |
79,482
+4,703
| +6% | +$999K |
|
298
Viavi Solutions
VIAV
$10B
| $16.8M | 0.01% |
1,046,015
-9,465
| -0.9% | -$156K |
|
|
TPH
299
DELISTED
Tri Pointe Homes
TPH
| $16.8M | 0.01% |
837,232
-9,043
| -1% | -$210K |
|
300
IPG Photonics
IPGP
$3.69B
| $16.8M | 0.01% |
152,939
-3,973
| -3% | -$546K |
|
Similar funds
Fisher Asset Management's Q1 2022 Portfolio in Review
As of Q1 2022, Fisher Asset Management held 1,181 positions worth $169B, down 5.1% from $179B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Fisher Asset Management deployed $5.41B of net new capital in Q1 2022, opening 114 new positions and adding to 450 existing holdings. Its largest new stake was Shell: 19,596,216 shares worth $1.08B.
By sector, the portfolio is most concentrated in Technology at 29% of assets, down from 30% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was Walt Disney, an estimated $667M trimmed.
- Fisher Asset Management's largest Q1 2022 buy was Shell: 19,596,216 shares worth $1.08B.
- Fisher Asset Management added most to State Street SPDR Portfolio Long Term Treasury ETF in Q1 2022, an estimated $896M increase.
- Fisher Asset Management's biggest Q1 2022 reduction was Walt Disney, cutting an estimated $667M.
- Fisher Asset Management fully exited Royal Dutch Shell PLC ADS Class A in Q1 2022, selling an estimated $813M.
- Fisher Asset Management's ten largest holdings make up 31% of its $169B portfolio in Q1 2022.
- Fisher Asset Management opened 114 new positions and closed 95 in Q1 2022.
- Fisher Asset Management's portfolio value fell 5.1% quarter-over-quarter to $169B.
Based on Fisher Asset Management's 13F filing for Q1 2022, filed 5 May 2022.