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 |
Canadian Natural Resources
CNQ
|
+$1.58B |
| 2 |
iShares MBS ETF
MBB
|
+$1.49B |
| 3 |
RTX Corp
RTX
|
+$839M |
| 4 |
Microsoft
MSFT
|
+$566M |
| 5 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$555M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Portfolio Short Term Treasury ETF
SPTS
|
+$1.27B |
| 2 |
Advanced Micro Devices
AMD
|
+$920M |
| 3 |
iShares Expanded Tech-Software Sector ETF
IGV
|
+$682M |
| 4 |
VanEck Semiconductor ETF
SMH
|
+$567M |
| 5 |
Vanguard Information Technology ETF
VGT
|
+$291M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 30.6% |
| 2 | Financials | 11.61% |
| 3 | Healthcare | 9.91% |
| 4 | Consumer Discretionary | 9.26% |
| 5 | Industrials | 7.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
326
LXP Industrial Trust
LXP
$3.56B
| $22.3M | 0.01% |
488,336
+2,045
| +0.4% | +$89.5K |
|
327
Simpson Manufacturing
SSD
$8.07B
| $22.1M | 0.01% |
131,227
-1,884
| -1% | -$330K |
|
328
Alcon
ALC
$34.6B
| $22.1M | 0.01% |
247,659
-9,868
| -4% | -$842K |
|
329
Kulicke & Soffa
KLIC
$4.93B
| $22M | 0.01% |
447,006
+500
| +0.1% | +$23.5K |
|
330
Prestige Consumer Healthcare
PBH
$2.48B
| $21.8M | 0.01% |
317,241
+4,459
| +1% | +$302K |
|
331
Teradyne
TER
$63.4B
| $21.8M | 0.01% |
146,809
-137
| -0.1% | -$17.4K |
|
332
Urban Edge Properties
UE
$2.82B
| $21.6M | 0.01% |
1,169,020
-18,102
| -2% | -$311K |
|
333
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.5B
| $21.1M | 0.01% |
421,068
-30,593
| -7% | -$1.59M |
|
334
ON Semiconductor
ON
$31.6B
| $20.6M | 0.01% |
299,910
+7,120
| +2% | +$500K |
|
|
UCB
335
United Community Banks
UCB
$4.33B
| $20.4M | 0.01% |
801,222
-400,955
| -33% | -$10.2M |
|
336
iShares 20+ Year Treasury Bond ETF
TLT
$41.7B
| $20.1M | 0.01% |
219,222
-6,045
| -3% | -$551K |
|
337
Nutanix
NTNX
$16.7B
| $19.9M | 0.01% |
350,789
+103,982
| +42% | +$6.38M |
|
338
Crinetics Pharmaceuticals
CRNX
$8.91B
| $19.9M | 0.01% |
444,670
+8,647
| +2% | +$399K |
|
339
Jefferies Financial Group
JEF
$13B
| $19.9M | 0.01% |
398,984
+81,438
| +26% | +$3.66M |
|
340
CONMED
CNMD
$1.52B
| $19.4M | 0.01% |
279,778
-2,507
| -0.9% | -$183K |
|
341
Veracyte
VCYT
$3.69B
| $19.3M | 0.01% |
889,807
+7,340
| +0.8% | +$154K |
|
342
Freshpet
FRPT
$3.05B
| $18.9M | 0.01% |
146,363
-15,771
| -10% | -$1.89M |
|
343
Sunstone Hotel Investors
SHO
$2.17B
| $18.9M | 0.01% |
1,803,496
+164,274
| +10% | +$1.7M |
|
344
Aptiv
APTV
$10B
| $18.8M | 0.01% |
266,641
-7,136
| -3% | -$549K |
|
345
SITE Centers
SITC
$165M
| $18.7M | 0.01% |
1,655,124
-17,130
| -1% | -$188K |
|
346
lululemon athletica
LULU
$14B
| $18.7M | 0.01% |
62,620
+56,365
| +901% | +$18.8M |
|
347
Flowers Foods
FLO
$1.55B
| $18.7M | 0.01% |
841,548
+342,618
| +69% | +$8.11M |
|
348
PVH
PVH
$4.13B
| $18.6M | 0.01% |
176,114
+22,900
| +15% | +$2.59M |
|
349
Merit Medical Systems
MMSI
$5.07B
| $18.5M | 0.01% |
214,853
-730
| -0.3% | -$57.4K |
|
350
iShares S&P 100 ETF
OEF
$20.4B
| $18M | 0.01% |
68,135
-5,111
| -7% | -$1.28M |
|
Similar funds
Fisher Asset Management's Q2 2024 Portfolio in Review
As of Q2 2024, Fisher Asset Management held 1,069 positions worth $230B, up 7.4% from $214B the previous quarter. Its ten largest holdings account for 34% of the portfolio.
Fisher Asset Management deployed $7.03B of net new capital in Q2 2024, opening 105 new positions and adding to 492 existing holdings. Its largest new stake was ZTO Express: 3,166,868 shares worth $65.7M.
By sector, the portfolio is most concentrated in Technology at 31% of assets, up from 29% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was State Street SPDR Portfolio Short Term Treasury ETF, an estimated $1.27B trimmed.
- Fisher Asset Management's largest Q2 2024 buy was ZTO Express: 3,166,868 shares worth $65.7M.
- Fisher Asset Management added most to Canadian Natural Resources in Q2 2024, an estimated $1.58B increase.
- Fisher Asset Management's biggest Q2 2024 reduction was State Street SPDR Portfolio Short Term Treasury ETF, cutting an estimated $1.27B.
- Fisher Asset Management fully exited Thor Industries in Q2 2024, selling an estimated $24.5M.
- Fisher Asset Management's ten largest holdings make up 34% of its $230B portfolio in Q2 2024.
- Fisher Asset Management opened 105 new positions and closed 83 in Q2 2024.
- Fisher Asset Management's portfolio value rose 7.4% quarter-over-quarter to $230B.
Based on Fisher Asset Management's 13F filing for Q2 2024, filed 14 Aug 2024.