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 | |
|---|---|---|---|---|---|---|
301
Owens Corning
OC
$12.1B
| $15.6M | 0.01% |
169,695
-1,077
| -0.6% | -$90.3K |
|
|
ARNC
302
DELISTED
Arconic Corporation
ARNC
| $15.5M | 0.01% |
+609,392
| New | +$16.4M |
|
303
Simpson Manufacturing
SSD
$7.96B
| $15.3M | 0.01% |
147,470
-11,980
| -8% | -$1.2M |
|
|
304
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$16.6B
| $15.2M | 0.01% |
174,420
-2,587,900
| -94% | -$225M |
|
305
Lowe's Companies
LOW
$122B
| $14.7M | 0.01% |
77,397
-4,544
| -6% | -$780K |
|
306
Texas Capital Bancshares
TCBI
$4.32B
| $14.7M | 0.01% |
207,178
-9,533
| -4% | -$700K |
|
307
Vanguard Mortgage-Backed Securities ETF
VMBS
$15.4B
| $13.9M | 0.01% |
261,264
-1,445,415
| -85% | -$77.8M |
|
|
PXD
308
DELISTED
Pioneer Natural Resource Co.
PXD
| $13.8M | 0.01% |
87,191
+7,150
| +9% | +$1.02M |
|
309
Moog Inc Class A
MOG.A
$13B
| $13.4M | 0.01% |
161,316
-7,719
| -5% | -$617K |
|
|
WNS
310
DELISTED
WNS Holdings
WNS
| $13.1M | 0.01% |
180,376
+61
| +0% | +$4.45K |
|
311
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$6.91B
| $12.6M | 0.01% |
116,068
-436,779
| -79% | -$47.4M |
|
|
PFPT
312
DELISTED
Proofpoint, Inc.
PFPT
| $12.6M | 0.01% |
99,866
-1,621
| -2% | -$211K |
|
313
iShares Global Healthcare ETF
IXJ
$4.14B
| $12.3M | 0.01% |
159,618
-3,112
| -2% | -$240K |
|
|
NSTG
314
DELISTED
NanoString Technologies, Inc.
NSTG
| $11.9M | 0.01% |
181,673
+172,176
| +1,813% | +$12.1M |
|
|
B
315
DELISTED
Barnes Group Inc.
B
| $11.7M | 0.01% |
236,000
-17,097
| -7% | -$897K |
|
316
Ecopetrol
EC
$35.8B
| $11.7M | 0.01% |
910,396
+91,830
| +11% | +$1.19M |
|
317
Curtiss-Wright
CW
$26.4B
| $11.5M | 0.01% |
96,839
-5,173
| -5% | -$598K |
|
318
Diamondback Energy
FANG
$53.1B
| $11.5M | 0.01% |
155,930
+487
| +0.3% | +$33.4K |
|
319
iShares 1-3 Year Treasury Bond ETF
SHY
$25.1B
| $11.4M | 0.01% |
131,895
-154,646
| -54% | -$13.3M |
|
320
Cavco Industries
CVCO
$4.45B
| $11.2M | 0.01% |
49,818
-7,382
| -13% | -$1.54M |
|
|
NTUS
321
DELISTED
Natus Medical Inc
NTUS
| $11.2M | 0.01% |
437,841
-2,986
| -0.7% | -$76.6K |
|
322
Bristol-Myers Squibb
BMY
$131B
| $11.1M | 0.01% |
175,358
-3,783
| -2% | -$235K |
|
323
Global X Robotics & Artificial Intelligence ETF
BOTZ
$3.44B
| $10.8M | 0.01% |
325,575
-13,120
| -4% | -$449K |
|
324
Northwest Natural Holdings
NWN
$2.14B
| $10.7M | 0.01% |
199,127
-55
| -0% | -$2.64K |
|
325
iShares MSCI France ETF
EWQ
$343M
| $10.7M | 0.01% |
308,354
-8,698
| -3% | -$297K |
|
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.