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 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$558M |
| 2 |
Apple
AAPL
|
+$265M |
| 3 |
Microsoft
MSFT
|
+$209M |
| 4 |
Amazon
AMZN
|
+$197M |
| 5 |
Visa
V
|
+$180M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
COHR
Coherent Inc
COHR
|
+$86.3M |
| 2 |
TSMC
TSM
|
+$77.2M |
| 3 |
iShares MBS ETF
MBB
|
+$44.5M |
| 4 |
KSU
Kansas City Southern
KSU
|
+$43.8M |
| 5 |
Vale
VALE
|
+$28.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.97% |
| 2 | Financials | 12.67% |
| 3 | Consumer Discretionary | 11.32% |
| 4 | Healthcare | 10.27% |
| 5 | Communication Services | 7.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
376
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.68B
| $5.7M | ﹤0.01% |
58,994
-837
| -1% | -$73.1K |
|
377
Roper Technologies
ROP
$38.8B
| $5.54M | ﹤0.01% |
11,783
+384
| +3% | +$170K |
|
|
CHX
378
DELISTED
ChampionX
CHX
| $5.49M | ﹤0.01% |
214,181
+5,230
| +3% | +$127K |
|
379
Brinker International
EAT
$9.17B
| $5.49M | ﹤0.01% |
88,738
-100
| -0.1% | -$6.32K |
|
380
AptarGroup
ATR
$8.55B
| $5.47M | ﹤0.01% |
38,852
+10,125
| +35% | +$1.49M |
|
381
Synopsys
SNPS
$74.4B
| $5.35M | ﹤0.01% |
19,404
-115
| -0.6% | -$29.2K |
|
382
Vanguard Morningstar Total Stock Market ETF
VTI
$670B
| $5.26M | ﹤0.01% |
23,602
-2,886
| -11% | -$626K |
|
383
Vanguard Total World Stock ETF
VT
$78B
| $5.25M | ﹤0.01% |
50,712
+585
| +1% | +$59.7K |
|
384
First Interstate BancSystem
FIBK
$3.69B
| $5.11M | ﹤0.01% |
122,224
+1,205
| +1% | +$55.6K |
|
385
iShares Global Industrials ETF
EXI
$1.45B
| $5.11M | ﹤0.01% |
42,755
-860
| -2% | -$104K |
|
|
POWR
386
iShares U.S. Power Infrastructure ETF
POWR
$458M
| $5.08M | ﹤0.01% |
298,602
-15,404
| -5% | -$254K |
|
387
Vertex Pharmaceuticals
VRTX
$121B
| $5.04M | ﹤0.01% |
25,013
-1,040
| -4% | -$218K |
|
388
General Mills
GIS
$19.1B
| $5.03M | ﹤0.01% |
82,565
+11,658
| +16% | +$721K |
|
|
DASTY
389
DELISTED
DASSAULT SYSTEMES SA ADR
DASTY
| $4.99M | ﹤0.01% |
20,577
-1,718
| -8% | -$417K |
|
390
CVS Health
CVS
$133B
| $4.85M | ﹤0.01% |
58,129
-1,793
| -3% | -$147K |
|
391
Kimberly-Clark
KMB
$36.3B
| $4.85M | ﹤0.01% |
36,229
+766
| +2% | +$102K |
|
392
Southern Company
SO
$109B
| $4.82M | ﹤0.01% |
79,648
+3,191
| +4% | +$204K |
|
393
Vanguard FTSE Emerging Markets ETF
VWO
$121B
| $4.81M | ﹤0.01% |
88,546
+34,329
| +63% | +$1.83M |
|
|
EPAY
394
DELISTED
Bottomline Technologies Inc
EPAY
| $4.8M | ﹤0.01% |
129,440
-1,002
| -0.8% | -$41.3K |
|
395
Acuity Brands
AYI
$9.83B
| $4.76M | ﹤0.01% |
25,465
+5,578
| +28% | +$1.01M |
|
|
JOBS
396
DELISTED
51job Inc
JOBS
| $4.68M | ﹤0.01% |
60,218
+50
| +0.1% | +$3.49K |
|
397
Booking.com
BKNG
$149B
| $4.56M | ﹤0.01% |
52,075
-10,975
| -17% | -$1.02M |
|
398
Tetra Tech
TTEK
$8.49B
| $4.42M | ﹤0.01% |
181,025
+42,075
| +30% | +$1.06M |
|
|
BZUN
399
Baozun
BZUN
$167M
| $4.34M | ﹤0.01% |
122,355
+26,595
| +28% | +$937K |
|
|
MNTV
400
DELISTED
Momentive Global Inc. Common Stock
MNTV
| $4.33M | ﹤0.01% |
205,478
+17,288
| +9% | +$335K |
|
Similar funds
Fisher Asset Management's Q2 2021 Portfolio in Review
As of Q2 2021, Fisher Asset Management held 1,100 positions worth $159B, up 12% from $142B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Fisher Asset Management deployed $4.92B of net new capital in Q2 2021, opening 101 new positions and adding to 388 existing holdings. Its largest new stake was Organon & Co: 967,460 shares worth $29.3M.
By sector, the portfolio is most concentrated in Technology at 26% of assets, up from 26% a quarter earlier, followed by Financials and Consumer Discretionary.
On the sell side, the largest reduction was TSMC, an estimated $77.2M trimmed.
- Fisher Asset Management's largest Q2 2021 buy was Organon & Co: 967,460 shares worth $29.3M.
- Fisher Asset Management added most to Vanguard Intermediate-Term Corporate Bond ETF in Q2 2021, an estimated $558M increase.
- Fisher Asset Management's biggest Q2 2021 reduction was TSMC, cutting an estimated $77.2M.
- Fisher Asset Management fully exited Coherent Inc in Q2 2021, selling an estimated $86.3M.
- Fisher Asset Management's ten largest holdings make up 32% of its $159B portfolio in Q2 2021.
- Fisher Asset Management opened 101 new positions and closed 90 in Q2 2021.
- Fisher Asset Management's portfolio value rose 12% quarter-over-quarter to $159B.
Based on Fisher Asset Management's 13F filing for Q2 2021, filed 27 Jul 2021.