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 |
NextEra Energy
NEE
|
+$703M |
| 2 |
UnitedHealth
UNH
|
+$671M |
| 3 |
3M
MMM
|
+$660M |
| 4 |
Walt Disney
DIS
|
+$506M |
| 5 |
Toyota
TM
|
+$476M |
Top Sells
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.39% |
| 2 | Consumer Discretionary | 12.64% |
| 3 | Financials | 11.77% |
| 4 | Healthcare | 10.94% |
| 5 | Communication Services | 6.4% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
376
State Street SPDR Portfolio Intermediate Term Corporate Bond ETF
SPIB
$11.5B
| $3.38M | ﹤0.01% |
92,457
+522
| +0.6% | +$18.6K |
|
377
Fidelity National Information Services
FIS
$22.3B
| $3.35M | ﹤0.01% |
25,020
-3,381
| -12% | -$444K |
|
378
Cooper Companies
COO
$14.5B
| $3.34M | ﹤0.01% |
47,056
+1,768
| +4% | +$131K |
|
379
Strategy Inc
MSTR
$35.8B
| $3.31M | ﹤0.01% |
280,000
| – | – |
|
|
SPLK
380
DELISTED
Splunk Inc
SPLK
| $3.31M | ﹤0.01% |
16,667
+15,066
| +941% | +$2.38M |
|
381
Cactus
WHD
$5.4B
| $3.28M | ﹤0.01% |
159,026
-35,960
| -18% | -$624K |
|
382
Roper Technologies
ROP
$39B
| $3.26M | ﹤0.01% |
8,400
+1,084
| +15% | +$388K |
|
383
8x8 Inc
EGHT
$301M
| $3.23M | ﹤0.01% |
201,773
-27,978
| -12% | -$445K |
|
384
iShares ESG Aware 1-5 Year USD Corporate Bond ETF
SUSB
$1.3B
| $3.22M | ﹤0.01% |
123,635
+16,150
| +15% | +$414K |
|
|
ICPT
385
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $3.21M | ﹤0.01% |
67,111
-147
| -0.2% | -$11.4K |
|
386
Regeneron Pharmaceuticals
REGN
$79.9B
| $3.21M | ﹤0.01% |
5,141
-2
| -0% | -$1.14K |
|
387
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.59B
| $3.2M | ﹤0.01% |
61,281
+30,868
| +101% | +$1.56M |
|
388
Rexford Industrial Realty
REXR
$8.17B
| $3.15M | ﹤0.01% |
76,007
-7,759
| -9% | -$312K |
|
389
Southern Company
SO
$107B
| $3.12M | ﹤0.01% |
60,110
+49,374
| +460% | +$2.74M |
|
390
Iridium Communications
IRDM
$5.26B
| $3.1M | ﹤0.01% |
+121,680
| New | +$2.85M |
|
391
AbbVie
ABBV
$437B
| $3.08M | ﹤0.01% |
31,421
+2,937
| +10% | +$259K |
|
392
Check Point Software Technologies
CHKP
$12.7B
| $3.02M | ﹤0.01% |
28,149
+534
| +2% | +$56.6K |
|
|
COWN
393
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $3.01M | ﹤0.01% |
185,727
-15,695
| -8% | -$190K |
|
394
Genpact
G
$5.95B
| $3.01M | ﹤0.01% |
82,388
+10,466
| +15% | +$354K |
|
395
iShares MSCI Spain ETF
EWP
$2.15B
| $2.99M | ﹤0.01% |
133,213
+67,104
| +102% | +$1.42M |
|
396
VanEck Oil Services ETF
OIH
$1.94B
| $2.98M | ﹤0.01% |
24,490
+12,731
| +108% | +$1.43M |
|
|
SPR
397
DELISTED
Spirit AeroSystems
SPR
| $2.98M | ﹤0.01% |
124,541
+10,275
| +9% | +$233K |
|
398
CVS Health
CVS
$126B
| $2.97M | ﹤0.01% |
45,713
+39,828
| +677% | +$2.51M |
|
399
T. Rowe Price
TROW
$24.8B
| $2.92M | ﹤0.01% |
23,670
+1,138
| +5% | +$130K |
|
|
TMHC
400
DELISTED
Taylor Morrison
TMHC
| $2.91M | ﹤0.01% |
150,842
-8,095
| -5% | -$128K |
|
Similar funds
Fisher Asset Management's Q2 2020 Portfolio in Review
As of Q2 2020, Fisher Asset Management held 986 positions worth $102B, up 27% from $80.6B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Fisher Asset Management's Q2 2020 filing shows 120 new, 322 increased, 361 reduced and 84 closed positions. Its largest new stake was American Tower: 1,761,637 shares worth $455M. The largest sale was Credit Suisse FI Large Cap Growth Enhanced Exchange Traded Notes, an estimated $1.55B.
By sector, the portfolio is most concentrated in Technology at 25% of assets, up from 24% a quarter earlier, followed by Consumer Discretionary and Financials.
- Fisher Asset Management's largest Q2 2020 buy was American Tower: 1,761,637 shares worth $455M.
- Fisher Asset Management added most to NextEra Energy in Q2 2020, an estimated $703M increase.
- Fisher Asset Management's biggest Q2 2020 reduction was Credit Suisse FI Large Cap Growth Enhanced Exchange Traded Notes, cutting an estimated $1.55B.
- Fisher Asset Management fully exited Weibo in Q2 2020, selling an estimated $116M.
- Fisher Asset Management's ten largest holdings make up 32% of its $102B portfolio in Q2 2020.
- Fisher Asset Management opened 120 new positions and closed 84 in Q2 2020.
- Fisher Asset Management's portfolio value rose 27% quarter-over-quarter to $102B.
Based on Fisher Asset Management's 13F filing for Q2 2020, filed 7 Aug 2020.