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 |
Chevron
CVX
|
+$1.4B |
| 2 |
ExxonMobil
XOM
|
+$1.39B |
| 3 |
iShares 7-10 Year Treasury Bond ETF
IEF
|
+$932M |
| 4 |
Procter & Gamble
PG
|
+$925M |
| 5 |
Walmart Inc
WMT
|
+$834M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ASML
ASML
|
+$1.66B |
| 2 |
Salesforce
CRM
|
+$1.17B |
| 3 |
Lam Research
LRCX
|
+$974M |
| 4 |
iShares Broad USD High Yield Corporate Bond ETF
USHY
|
+$972M |
| 5 |
Applied Materials
AMAT
|
+$323M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 28.72% |
| 2 | Financials | 12.27% |
| 3 | Healthcare | 10.07% |
| 4 | Consumer Discretionary | 9.98% |
| 5 | Industrials | 7.73% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
DVAX
351
DELISTED
Dynavax Technologies
DVAX
| $17.2M | 0.01% |
1,384,119
-6,309
| -0.5% | -$82.3K |
|
352
First Merchants
FRME
$2.67B
| $16.6M | 0.01% |
475,210
-2,844
| -0.6% | -$97.7K |
|
353
Teradyne
TER
$59.3B
| $16.6M | 0.01% |
146,946
+5,668
| +4% | +$591K |
|
354
First Financial Bancorp
FFBC
$3.53B
| $16.5M | 0.01% |
737,369
+68,912
| +10% | +$1.53M |
|
355
IPG Photonics
IPGP
$3.84B
| $16.5M | 0.01% |
181,419
+5,324
| +3% | +$500K |
|
356
Merit Medical Systems
MMSI
$5.32B
| $16.3M | 0.01% |
215,583
-5,622
| -3% | -$434K |
|
357
Workday
WDAY
$44.4B
| $16.3M | 0.01% |
59,628
-904
| -1% | -$257K |
|
358
Curtiss-Wright
CW
$25.5B
| $16M | 0.01% |
62,478
+2,452
| +4% | +$570K |
|
359
Virtus Investment Partners
VRTS
$1.1B
| $15.9M | 0.01% |
64,151
-5,868
| -8% | -$1.39M |
|
360
Moog Inc Class A
MOG.A
$12.8B
| $15.6M | 0.01% |
97,770
-1,485
| -1% | -$219K |
|
361
Cactus
WHD
$5.44B
| $15.6M | 0.01% |
311,289
+19,939
| +7% | +$883K |
|
|
CPE
362
DELISTED
Callon Petroleum Company
CPE
| $15.6M | 0.01% |
435,451
+5,738
| +1% | +$187K |
|
363
Alarm.com
ALRM
$2.85B
| $15.4M | 0.01% |
213,144
-1,489
| -0.7% | -$101K |
|
364
iShares Core MSCI EAFE ETF
IEFA
$196B
| $15.3M | 0.01% |
205,650
-25,282
| -11% | -$1.8M |
|
365
Warner Bros
WBD
$67.1B
| $15.2M | 0.01% |
1,745,492
-91,991
| -5% | -$887K |
|
366
Nutanix
NTNX
$16.9B
| $15.2M | 0.01% |
+246,807
| New | +$14.2M |
|
367
APA Corp
APA
$13.3B
| $15.1M | 0.01% |
438,644
+171,330
| +64% | +$5.43M |
|
368
Vanguard Total World Stock ETF
VT
$79.8B
| $15.1M | 0.01% |
136,458
-11,788
| -8% | -$1.25M |
|
369
United Parcel Service
UPS
$88.9B
| $15M | 0.01% |
100,783
-3,789
| -4% | -$576K |
|
370
BioCryst Pharmaceuticals
BCRX
$2.4B
| $14.7M | 0.01% |
2,884,619
+50
| +0% | +$281 |
|
371
Texas Capital Bancshares
TCBI
$4.32B
| $14.5M | 0.01% |
235,400
+823
| +0.4% | +$49.8K |
|
372
UFP Industries
UFPI
$5.19B
| $14.1M | 0.01% |
114,911
+4,737
| +4% | +$550K |
|
373
Core Laboratories
CLB
$521M
| $14.1M | 0.01% |
824,145
+69,738
| +9% | +$1.1M |
|
374
Integra LifeSciences
IART
$1.34B
| $14M | 0.01% |
396,194
-1,598
| -0.4% | -$63.9K |
|
375
Ambev
ABEV
$46.4B
| $14M | 0.01% |
5,652,696
-86,858
| -2% | -$226K |
|
Similar funds
Fisher Asset Management's Q1 2024 Portfolio in Review
As of Q1 2024, Fisher Asset Management held 1,068 positions worth $214B, up 13% from $189B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Fisher Asset Management's Q1 2024 filing shows 87 new, 392 increased, 448 reduced and 104 closed positions. Its largest new stake was Nomura Holdings: 8,478,338 shares worth $54.4M. The largest sale was ASML, an estimated $1.66B.
By sector, the portfolio is most concentrated in Technology at 29% of assets, down from 30% a quarter earlier, followed by Financials and Healthcare.
- Fisher Asset Management's largest Q1 2024 buy was Nomura Holdings: 8,478,338 shares worth $54.4M.
- Fisher Asset Management added most to Chevron in Q1 2024, an estimated $1.4B increase.
- Fisher Asset Management's biggest Q1 2024 reduction was ASML, cutting an estimated $1.66B.
- Fisher Asset Management fully exited Veradigm Inc. Common Stock in Q1 2024, selling an estimated $23.8M.
- Fisher Asset Management's ten largest holdings make up 31% of its $214B portfolio in Q1 2024.
- Fisher Asset Management opened 87 new positions and closed 104 in Q1 2024.
- Fisher Asset Management's portfolio value rose 13% quarter-over-quarter to $214B.
Based on Fisher Asset Management's 13F filing for Q1 2024, filed 9 May 2024.