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
|
+$2.87B |
| 2 |
NVIDIA
NVDA
|
+$358M |
| 3 |
Suncor Energy
SU
|
+$287M |
| 4 |
Microsoft
MSFT
|
+$278M |
| 5 |
Apple
AAPL
|
+$200M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$1.8B |
| 2 |
Canadian Natural Resources
CNQ
|
+$205M |
| 3 |
Intuit
INTU
|
+$177M |
| 4 |
Adobe
ADBE
|
+$120M |
| 5 |
GTLS
Chart Industries
GTLS
|
+$95.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.4% |
| 2 | Financials | 18.68% |
| 3 | Industrials | 9.33% |
| 4 | Healthcare | 8.68% |
| 5 | Communication Services | 6.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
326
RenaissanceRe
RNR
$13.4B
| $19.6M | 0.01% |
77,288
-1,993
| -3% | -$483K |
|
327
Amkor Technology
AMKR
$13.5B
| $19.5M | 0.01% |
687,918
+65,485
| +11% | +$1.58M |
|
328
Ligand Pharmaceuticals
LGND
$6.02B
| $19.3M | 0.01% |
108,926
+2,860
| +3% | +$425K |
|
329
Edwards Lifesciences
EW
$51.5B
| $19.2M | 0.01% |
247,420
-68,972
| -22% | -$5.39M |
|
330
Sanmina
SANM
$11B
| $19.2M | 0.01% |
+166,861
| New | +$18.8M |
|
331
Worthington Enterprises
WOR
$2.83B
| $19.1M | 0.01% |
343,591
+55,917
| +19% | +$3.52M |
|
332
Wipro
WIT
$19.7B
| $18.9M | 0.01% |
7,197,876
+177,146
| +3% | +$499K |
|
333
Snap-on
SNA
$21.5B
| $18.8M | 0.01% |
54,209
+8,678
| +19% | +$2.84M |
|
334
Ovintiv
OVV
$16.6B
| $18.7M | 0.01% |
463,441
-35,451
| -7% | -$1.45M |
|
335
CONMED
CNMD
$1.49B
| $18.7M | 0.01% |
397,046
+33,725
| +9% | +$1.75M |
|
336
Boston Properties
BXP
$11B
| $18.6M | 0.01% |
250,316
+39,682
| +19% | +$2.8M |
|
337
AAR Corp
AIR
$5.89B
| $18.6M | 0.01% |
207,000
-1
| -0% | -$76 |
|
338
Merit Medical Systems
MMSI
$5.24B
| $18.4M | 0.01% |
221,609
+6,164
| +3% | +$537K |
|
339
Fluor
FLR
$6.81B
| $18.4M | 0.01% |
437,164
+121,057
| +38% | +$5.57M |
|
340
Prestige Consumer Healthcare
PBH
$2.58B
| $18.3M | 0.01% |
293,709
-11,917
| -4% | -$830K |
|
341
First Financial Bancorp
FFBC
$3.55B
| $18.2M | 0.01% |
722,400
-48,199
| -6% | -$1.22M |
|
342
iShares ESG Aware USD Corporate Bond ETF
SUSC
$1.29B
| $18M | 0.01% |
765,206
-253,151
| -25% | -$5.9M |
|
343
Materion
MTRN
$5.8B
| $18M | 0.01% |
148,697
+21,529
| +17% | +$2.26M |
|
344
ITT
ITT
$19.2B
| $17.9M | 0.01% |
100,412
-5,453
| -5% | -$915K |
|
345
Berkshire Hathaway Class B
BRK.B
$1.13T
| $17.8M | 0.01% |
35,468
-542
| -2% | -$263K |
|
346
DexCom
DXCM
$31.3B
| $17.7M | 0.01% |
263,564
-23,056
| -8% | -$1.82M |
|
347
Qualys
QLYS
$6.29B
| $17.4M | 0.01% |
131,652
-12,350
| -9% | -$1.67M |
|
348
Trex
TREX
$4.93B
| $17M | 0.01% |
329,124
+52,508
| +19% | +$3.2M |
|
349
Azenta
AZTA
$1.42B
| $16.8M | 0.01% |
586,289
-48,408
| -8% | -$1.5M |
|
350
Tanger
SKT
$4.52B
| $16.7M | 0.01% |
492,568
-12,363
| -2% | -$403K |
|
Similar funds
Fisher Asset Management's Q3 2025 Portfolio in Review
As of Q3 2025, Fisher Asset Management held 1,094 positions worth $276B, up 9.7% from $252B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Fisher Asset Management's Q3 2025 filing shows 108 new, 450 increased, 424 reduced and 80 closed positions. Its largest new stake was Sanmina: 166,861 shares worth $19.2M. The largest sale was Vanguard Intermediate-Term Corporate Bond ETF, an estimated $1.8B.
By sector, the portfolio is most concentrated in Technology at 26% of assets, up from 25% a quarter earlier, followed by Financials and Industrials.
- Fisher Asset Management's largest Q3 2025 buy was Sanmina: 166,861 shares worth $19.2M.
- Fisher Asset Management added most to iShares 7-10 Year Treasury Bond ETF in Q3 2025, an estimated $2.87B increase.
- Fisher Asset Management's biggest Q3 2025 reduction was Vanguard Intermediate-Term Corporate Bond ETF, cutting an estimated $1.8B.
- Fisher Asset Management fully exited WEX in Q3 2025, selling an estimated $14.2M.
- Fisher Asset Management's ten largest holdings make up 32% of its $276B portfolio in Q3 2025.
- Fisher Asset Management opened 108 new positions and closed 80 in Q3 2025.
- Fisher Asset Management's portfolio value rose 9.7% quarter-over-quarter to $276B.
Based on Fisher Asset Management's 13F filing for Q3 2025, filed 12 Nov 2025.