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 | |
|---|---|---|---|---|---|---|
326
Sunstone Hotel Investors
SHO
$2.1B
| $21.5M | 0.01% |
2,169,631
-81,841
| -4% | -$830K |
|
327
ScottsMiracle-Gro
SMG
$3.61B
| $21.5M | 0.01% |
308,785
-424,593
| -58% | -$30.5M |
|
|
TPH
328
DELISTED
Tri Pointe Homes
TPH
| $21.5M | 0.01% |
848,314
-42,034
| -5% | -$952K |
|
329
Lantheus
LNTH
$6.6B
| $21.4M | 0.01% |
258,848
-96,765
| -27% | -$6.24M |
|
330
Prosperity Bancshares
PB
$8.88B
| $21.4M | 0.01% |
344,016
-16,438
| -5% | -$1.17M |
|
331
SITE Centers
SITC
$164M
| $21.2M | 0.01% |
2,190,289
-88,056
| -4% | -$894K |
|
332
Idexx Laboratories
IDXX
$46.5B
| $21.1M | 0.01% |
42,104
-742
| -2% | -$355K |
|
333
Carpenter Technology
CRS
$27.7B
| $21M | 0.01% |
468,299
-120,607
| -20% | -$5.49M |
|
334
Diodes
DIOD
$4.55B
| $20.5M | 0.01% |
220,840
-65,448
| -23% | -$5.86M |
|
335
State Street SPDR S&P Capital Markets ETF
KCE
$466M
| $20.3M | 0.01% |
244,125
-2,099
| -0.9% | -$180K |
|
336
The Greenbrier Companies
GBX
$1.48B
| $20.2M | 0.01% |
626,582
-6,359
| -1% | -$192K |
|
337
Diamondback Energy
FANG
$53.1B
| $19.8M | 0.01% |
146,426
-4,889
| -3% | -$681K |
|
338
iShares 20+ Year Treasury Bond ETF
TLT
$41.6B
| $19.7M | 0.01% |
185,658
-110,590
| -37% | -$11.6M |
|
339
iShares Core MSCI EAFE ETF
IEFA
$194B
| $19.7M | 0.01% |
294,472
-20,836
| -7% | -$1.37M |
|
340
Agios Pharmaceuticals
AGIO
$1.91B
| $19.5M | 0.01% |
850,432
-26,521
| -3% | -$704K |
|
341
Fulton Financial
FULT
$4.67B
| $19.5M | 0.01% |
+1,394,607
| New | +$22.6M |
|
342
Flowserve
FLS
$10B
| $19.4M | 0.01% |
567,590
+128,091
| +29% | +$4.29M |
|
343
Amgen
AMGN
$219B
| $19.4M | 0.01% |
80,053
+716
| +0.9% | +$176K |
|
344
UMB Financial
UMBF
$11B
| $19.2M | 0.01% |
331,309
-9,506
| -3% | -$773K |
|
345
Veeco
VECO
$3.15B
| $18.9M | 0.01% |
894,654
-22,852
| -2% | -$470K |
|
346
Merit Medical Systems
MMSI
$5.24B
| $18.7M | 0.01% |
252,362
-13,301
| -5% | -$933K |
|
347
iShares S&P 100 ETF
OEF
$20.5B
| $18.2M | 0.01% |
97,123
-61,033
| -39% | -$11M |
|
348
Thor Industries
THO
$4.04B
| $18.1M | 0.01% |
227,245
-3,888
| -2% | -$343K |
|
349
Piper Sandler
PIPR
$5.26B
| $17.9M | 0.01% |
516,588
-29,260
| -5% | -$1.04M |
|
|
PXD
350
DELISTED
Pioneer Natural Resource Co.
PXD
| $17.9M | 0.01% |
87,405
-2,157
| -2% | -$464K |
|
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.