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 |
PepsiCo
PEP
|
+$821M |
| 2 |
UnitedHealth
UNH
|
+$757M |
| 3 |
Procter & Gamble
PG
|
+$646M |
| 4 |
ExxonMobil
XOM
|
+$580M |
| 5 |
Broadcom
AVGO
|
+$544M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
XYZ
Block Inc
XYZ
|
+$700M |
| 2 |
SLB Ltd
SLB
|
+$562M |
| 3 |
PayPal
PYPL
|
+$554M |
| 4 |
Target
TGT
|
+$476M |
| 5 |
Uber
UBER
|
+$428M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 27.95% |
| 2 | Financials | 10.94% |
| 3 | Healthcare | 9.68% |
| 4 | Consumer Discretionary | 9.44% |
| 5 | Industrials | 7.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
351
Materion
MTRN
$5.95B
| $18.9M | 0.01% |
165,538
+16,549
| +11% | +$1.8M |
|
352
Global X Robotics & Artificial Intelligence ETF
BOTZ
$3.48B
| $18.9M | 0.01% |
657,195
-10,268
| -2% | -$272K |
|
353
Amgen
AMGN
$219B
| $18.6M | 0.01% |
83,827
+3,774
| +5% | +$876K |
|
|
TGI
354
DELISTED
Triumph Group
TGI
| $18.4M | 0.01% |
1,487,453
+56,872
| +4% | +$649K |
|
355
iShares S&P 100 ETF
OEF
$20.5B
| $18.3M | 0.01% |
88,398
-8,725
| -9% | -$1.7M |
|
356
Diamondback Energy
FANG
$52.5B
| $18.2M | 0.01% |
138,180
-8,246
| -6% | -$1.1M |
|
357
iShares 20+ Year Treasury Bond ETF
TLT
$41.8B
| $18M | 0.01% |
174,958
-10,700
| -6% | -$1.11M |
|
|
PXD
358
DELISTED
Pioneer Natural Resource Co.
PXD
| $17.8M | 0.01% |
85,730
-1,675
| -2% | -$353K |
|
359
iShares Core MSCI EAFE ETF
IEFA
$194B
| $17.7M | 0.01% |
262,128
-32,344
| -11% | -$2.19M |
|
360
iShares ESG Aware USD Corporate Bond ETF
SUSC
$1.3B
| $17.5M | 0.01% |
768,857
+67,564
| +10% | +$1.54M |
|
|
TSE
361
DELISTED
Trinseo
TSE
| $17.4M | 0.01% |
1,374,052
+53,144
| +4% | +$858K |
|
362
Omnicell
OMCL
$1.7B
| $17.3M | 0.01% |
234,863
+144
| +0.1% | +$9.71K |
|
363
Teradyne
TER
$61.7B
| $17.1M | 0.01% |
153,820
+1,837
| +1% | +$184K |
|
|
B
364
DELISTED
Barnes Group Inc.
B
| $17M | 0.01% |
403,974
+26,221
| +7% | +$1.07M |
|
365
Workday
WDAY
$42B
| $16.9M | 0.01% |
74,940
-74,672
| -50% | -$15M |
|
366
Fulton Financial
FULT
$4.75B
| $16.7M | 0.01% |
1,404,320
+9,713
| +0.7% | +$117K |
|
367
United Parcel Service
UPS
$91.6B
| $16.5M | 0.01% |
91,983
+6,776
| +8% | +$1.2M |
|
368
AeroVironment
AVAV
$8.46B
| $16.3M | 0.01% |
159,717
+1,876
| +1% | +$189K |
|
369
National Vision
EYE
$1.86B
| $16.3M | 0.01% |
670,143
-4,624
| -0.7% | -$108K |
|
370
Twist Bioscience
TWST
$6.99B
| $16.1M | 0.01% |
785,457
+8,565
| +1% | +$128K |
|
371
Piper Sandler
PIPR
$5.08B
| $15.9M | 0.01% |
492,272
-24,316
| -5% | -$803K |
|
372
Bristol-Myers Squibb
BMY
$130B
| $15.7M | 0.01% |
245,193
+40,941
| +20% | +$2.75M |
|
373
Baker Hughes
BKR
$61B
| $15.6M | 0.01% |
494,373
+16,243
| +3% | +$474K |
|
374
Halozyme
HALO
$9.91B
| $15.5M | 0.01% |
429,319
-2,990
| -0.7% | -$102K |
|
375
Lennar Class A
LEN
$21.1B
| $15.3M | 0.01% |
126,207
+2,061
| +2% | +$225K |
|
Similar funds
Fisher Asset Management's Q2 2023 Portfolio in Review
As of Q2 2023, Fisher Asset Management held 1,244 positions worth $181B, up 9.9% from $165B the previous quarter. Its ten largest holdings account for 28% of the portfolio.
Fisher Asset Management's Q2 2023 filing shows 109 new, 547 increased, 343 reduced and 81 closed positions. Its largest new stake was CNB Financial Corp: 67,868 shares worth $1.2M. The largest sale was Block Inc, an estimated $700M.
By sector, the portfolio is most concentrated in Technology at 28% of assets, up from 27% a quarter earlier, followed by Financials and Healthcare.
- Fisher Asset Management's largest Q2 2023 buy was CNB Financial Corp: 67,868 shares worth $1.2M.
- Fisher Asset Management added most to PepsiCo in Q2 2023, an estimated $821M increase.
- Fisher Asset Management's biggest Q2 2023 reduction was Block Inc, cutting an estimated $700M.
- Fisher Asset Management fully exited Mechanics Bancorp in Q2 2023, selling an estimated $1.17M.
- Fisher Asset Management's ten largest holdings make up 28% of its $181B portfolio in Q2 2023.
- Fisher Asset Management opened 109 new positions and closed 81 in Q2 2023.
- Fisher Asset Management's portfolio value rose 9.9% quarter-over-quarter to $181B.
Based on Fisher Asset Management's 13F filing for Q2 2023, filed 8 Aug 2023.