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
|
+$715M |
| 2 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$350M |
| 3 |
NVIDIA
NVDA
|
+$223M |
| 4 |
Emerson Electric
EMR
|
+$173M |
| 5 |
Apple
AAPL
|
+$159M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Wynn Resorts
WYNN
|
+$155M |
| 2 |
Blackrock
BLK
|
+$134M |
| 3 |
Expedia Group
EXPE
|
+$131M |
| 4 |
Haleon
HLN
|
+$130M |
| 5 |
Intuit
INTU
|
+$118M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 30.36% |
| 2 | Financials | 13.4% |
| 3 | Consumer Discretionary | 9.1% |
| 4 | Healthcare | 9.06% |
| 5 | Industrials | 7.84% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
351
IPG Photonics
IPGP
$3.69B
| $18.2M | 0.01% |
249,830
+57,780
| +30% | +$4.44M |
|
352
Kulicke & Soffa
KLIC
$4.74B
| $18.1M | 0.01% |
388,169
-58,337
| -13% | -$2.74M |
|
353
Acadia Realty Trust
AKR
$2.84B
| $18M | 0.01% |
746,011
-8,280
| -1% | -$203K |
|
354
Advanced Energy
AEIS
$13B
| $18M | 0.01% |
155,688
+29,969
| +24% | +$3.37M |
|
355
Paycom
PAYC
$10.1B
| $17.7M | 0.01% |
86,546
+7,178
| +9% | +$1.46M |
|
356
iShares S&P 100 ETF
OEF
$20.5B
| $17.6M | 0.01% |
60,955
-3,664
| -6% | -$1.05M |
|
357
Tanger
SKT
$4.52B
| $17.4M | 0.01% |
511,051
+7,998
| +2% | +$279K |
|
358
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.51B
| $17.2M | 0.01% |
356,752
-37,383
| -9% | -$1.86M |
|
|
HEES
359
DELISTED
H&E Equipment Services
HEES
| $17.1M | 0.01% |
348,656
+151,761
| +77% | +$8.26M |
|
360
Helix Energy Solutions
HLX
$1.45B
| $17M | 0.01% |
1,827,144
-114,196
| -6% | -$1.15M |
|
361
Snap-on
SNA
$21.5B
| $17M | 0.01% |
49,944
+23,504
| +89% | +$7.93M |
|
362
Diamondrock Hospitality Co
DRH
$2.58B
| $16.9M | 0.01% |
1,874,297
-44,347
| -2% | -$405K |
|
363
Teradyne
TER
$60.2B
| $16.9M | 0.01% |
133,940
-13,091
| -9% | -$1.55M |
|
364
Mercury Systems
MRCY
$6.53B
| $16.6M | 0.01% |
+395,265
| New | +$15.1M |
|
|
DVAX
365
DELISTED
Dynavax Technologies
DVAX
| $16.6M | 0.01% |
1,299,374
-72,188
| -5% | -$873K |
|
366
Amkor Technology
AMKR
$13.5B
| $16.5M | 0.01% |
641,916
+431,537
| +205% | +$11.9M |
|
367
First Horizon
FHN
$12.1B
| $16.5M | 0.01% |
818,345
+575,661
| +237% | +$10.8M |
|
368
Moelis & Co
MC
$4.98B
| $16.3M | 0.01% |
220,770
+158,200
| +253% | +$11.4M |
|
369
ITT
ITT
$19.2B
| $16.3M | 0.01% |
114,092
-44
| -0% | -$6.59K |
|
370
Core Laboratories
CLB
$513M
| $16.3M | 0.01% |
941,269
-48,998
| -5% | -$945K |
|
371
Materion
MTRN
$5.79B
| $16.3M | 0.01% |
164,360
+7,782
| +5% | +$846K |
|
372
SS&C Technologies
SSNC
$18.7B
| $16.2M | 0.01% |
213,412
+137,687
| +182% | +$10.3M |
|
373
Warner Bros
WBD
$66.2B
| $16.2M | 0.01% |
1,528,771
-224,909
| -13% | -$2.09M |
|
374
Denali Therapeutics
DNLI
$3.92B
| $16.2M | 0.01% |
792,499
+245,168
| +45% | +$6.28M |
|
375
TechnipFMC
FTI
$27.3B
| $15.9M | 0.01% |
550,127
+16,520
| +3% | +$470K |
|
Similar funds
Fisher Asset Management's Q4 2024 Portfolio in Review
As of Q4 2024, Fisher Asset Management held 1,024 positions worth $251B, up 3% from $244B the previous quarter. Its ten largest holdings account for 35% of the portfolio.
Fisher Asset Management's Q4 2024 filing shows 105 new, 508 increased, 309 reduced and 49 closed positions. Its largest new stake was Mercury Systems: 395,265 shares worth $16.6M. The largest sale was Wynn Resorts, an estimated $155M.
By sector, the portfolio is most concentrated in Technology at 30% of assets, up from 30% a quarter earlier, followed by Financials and Consumer Discretionary.
- Fisher Asset Management's largest Q4 2024 buy was Mercury Systems: 395,265 shares worth $16.6M.
- Fisher Asset Management added most to iShares 7-10 Year Treasury Bond ETF in Q4 2024, an estimated $715M increase.
- Fisher Asset Management's biggest Q4 2024 reduction was Wynn Resorts, cutting an estimated $155M.
- Fisher Asset Management fully exited Marathon Oil Corporation in Q4 2024, selling an estimated $76.8M.
- Fisher Asset Management's ten largest holdings make up 35% of its $251B portfolio in Q4 2024.
- Fisher Asset Management opened 105 new positions and closed 49 in Q4 2024.
- Fisher Asset Management's portfolio value rose 3% quarter-over-quarter to $251B.
Based on Fisher Asset Management's 13F filing for Q4 2024, filed 5 Feb 2025.