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 | |
|---|---|---|---|---|---|---|
376
Diamondrock Hospitality Co
DRH
$2.72B
| $15.2M | 0.01% |
1,902,794
| – | – |
|
377
United Rentals
URI
$71.6B
| $15.1M | 0.01% |
33,862
+4,220
| +14% | +$1.56M |
|
378
Berkshire Hathaway Class B
BRK.B
$1.12T
| $14.7M | 0.01% |
43,069
+4,321
| +11% | +$1.41M |
|
379
Advanced Energy
AEIS
$13.7B
| $14.7M | 0.01% |
131,465
-2,837
| -2% | -$271K |
|
380
Autoliv
ALV
$9.12B
| $14.6M | 0.01% |
172,229
-17,713
| -9% | -$1.53M |
|
381
Ichor Holdings
ICHR
$2.48B
| $14.6M | 0.01% |
389,911
-5,460
| -1% | -$170K |
|
382
Texas Capital Bancshares
TCBI
$4.41B
| $14.5M | 0.01% |
282,242
+6,570
| +2% | +$328K |
|
383
ResMed
RMD
$32.4B
| $14.3M | 0.01% |
65,533
+1,714
| +3% | +$382K |
|
384
West Pharmaceutical
WST
$24.5B
| $14.3M | 0.01% |
37,267
-84
| -0.2% | -$30K |
|
385
Wolverine World Wide
WWW
$1.59B
| $14.2M | 0.01% |
963,293
+12,188
| +1% | +$186K |
|
386
Paylocity
PCTY
$7.67B
| $13.9M | 0.01% |
75,506
-6,780
| -8% | -$1.24M |
|
387
Freshpet
FRPT
$3.07B
| $13.9M | 0.01% |
211,697
-7,710
| -4% | -$505K |
|
388
PVH
PVH
$4.09B
| $13.9M | 0.01% |
163,903
-11,788
| -7% | -$995K |
|
389
Vanguard Total World Stock ETF
VT
$79.4B
| $13.8M | 0.01% |
142,759
+15,303
| +12% | +$1.43M |
|
390
First Financial Bancorp
FFBC
$3.62B
| $13.6M | 0.01% |
664,044
| – | – |
|
|
IMGN
391
DELISTED
Immunogen Inc
IMGN
| $13.3M | 0.01% |
702,917
-151,820
| -18% | -$1.79M |
|
392
Wipro
WIT
$20.3B
| $13.1M | 0.01% |
5,531,704
+13,058
| +0.2% | +$30.3K |
|
393
Seacoast Banking Corp of Florida
SBCF
$3.43B
| $12.9M | 0.01% |
585,103
| – | – |
|
394
Ovintiv
OVV
$16.8B
| $12.7M | 0.01% |
334,092
+3,047
| +0.9% | +$110K |
|
395
Invesco NASDAQ 100 ETF
QQQM
$102B
| $12.7M | 0.01% |
83,420
-3,528
| -4% | -$489K |
|
396
Gerdau
GGB
$10B
| $12.3M | 0.01% |
2,834,027
-696,666
| -20% | -$2.91M |
|
397
General Mills
GIS
$19.3B
| $12.3M | 0.01% |
160,274
+1,194
| +0.8% | +$102K |
|
398
Curtiss-Wright
CW
$28B
| $12.1M | 0.01% |
65,635
+2,637
| +4% | +$449K |
|
399
Vanguard Morningstar Growth ETF
VUG
$230B
| $11.8M | 0.01% |
251,214
+498
| +0.2% | +$21.6K |
|
400
Hilton Worldwide
HLT
$70.2B
| $11.8M | 0.01% |
81,129
+2,759
| +4% | +$393K |
|
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.