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
|
+$1.03B |
| 2 |
State Street SPDR Portfolio Long Term Treasury ETF
SPTL
|
+$692M |
| 3 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$542M |
| 4 |
Apple
AAPL
|
+$197M |
| 5 |
Amazon
AMZN
|
+$157M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MBS ETF
MBB
|
+$853M |
| 2 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$225M |
| 3 |
Xtrackers USD High Yield Corporate Bond ETF
HYLB
|
+$215M |
| 4 |
iShares Broad USD High Yield Corporate Bond ETF
USHY
|
+$153M |
| 5 |
TSMC
TSM
|
+$124M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.52% |
| 2 | Financials | 12.28% |
| 3 | Consumer Discretionary | 11.76% |
| 4 | Healthcare | 9.84% |
| 5 | Communication Services | 7.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
426
Icon
ICLR
$12.4B
| $3.05M | ﹤0.01% |
15,527
+4,725
| +44% | +$933K |
|
427
Twilio
TWLO
$29.3B
| $2.99M | ﹤0.01% |
8,762
+7,789
| +801% | +$2.92M |
|
428
Stewart Information Services
STC
$2.09B
| $2.97M | ﹤0.01% |
57,008
-1,386
| -2% | -$70.3K |
|
429
State Street SPDR S&P 500 ETF Trust
SPY
$818B
| $2.92M | ﹤0.01% |
7,360
-3,264
| -31% | -$1.26M |
|
|
CCMP
430
DELISTED
CMC Materials, Inc. Common Stock
CCMP
| $2.91M | ﹤0.01% |
16,476
-736
| -4% | -$122K |
|
|
NUAN
431
DELISTED
Nuance Communications, Inc.
NUAN
| $2.91M | ﹤0.01% |
66,684
-3,175
| -5% | -$146K |
|
432
Fidelity National Information Services
FIS
$22.1B
| $2.85M | ﹤0.01% |
20,294
+3,040
| +18% | +$415K |
|
433
Snap-on
SNA
$21.5B
| $2.83M | ﹤0.01% |
12,277
-700
| -5% | -$138K |
|
434
Incyte
INCY
$24B
| $2.83M | ﹤0.01% |
34,780
-2,459
| -7% | -$210K |
|
435
iShares Global Consumer Staples ETF
KXI
$1.07B
| $2.83M | ﹤0.01% |
48,654
-1,803
| -4% | -$102K |
|
436
Vanguard FTSE Emerging Markets ETF
VWO
$123B
| $2.82M | ﹤0.01% |
54,217
+21,291
| +65% | +$1.13M |
|
437
Baidu
BIDU
$37.1B
| $2.81M | ﹤0.01% |
12,916
+10,199
| +375% | +$2.66M |
|
438
Aptiv
APTV
$9.61B
| $2.78M | ﹤0.01% |
20,148
+162
| +0.8% | +$23.6K |
|
439
iShares Russell 1000 Growth ETF
IWF
$127B
| $2.77M | ﹤0.01% |
45,508
+1,204
| +3% | +$73.3K |
|
440
Verizon
VZ
$195B
| $2.6M | ﹤0.01% |
44,632
+230
| +0.5% | +$13K |
|
441
Installed Building Products
IBP
$6.52B
| $2.54M | ﹤0.01% |
22,902
+250
| +1% | +$28.4K |
|
442
State Street Technology Select Sector SPDR ETF
XLK
$122B
| $2.53M | ﹤0.01% |
38,094
-5,336
| -12% | -$352K |
|
443
Rexford Industrial Realty
REXR
$8.14B
| $2.48M | ﹤0.01% |
49,199
-2,483
| -5% | -$122K |
|
|
SFBS
444
ServisFirst Bancshares
SFBS
$4.87B
| $2.46M | ﹤0.01% |
40,148
-1,339
| -3% | -$66.5K |
|
445
iShares Europe ETF
IEV
$1.69B
| $2.44M | ﹤0.01% |
48,551
-5,575
| -10% | -$275K |
|
446
Regeneron Pharmaceuticals
REGN
$79.5B
| $2.42M | ﹤0.01% |
5,115
-112
| -2% | -$54.5K |
|
447
J&J Snack Foods
JJSF
$1.72B
| $2.42M | ﹤0.01% |
15,377
+4,032
| +36% | +$633K |
|
448
AT&T
T
$162B
| $2.39M | ﹤0.01% |
104,699
+3,098
| +3% | +$68.5K |
|
|
LHCG
449
DELISTED
LHC Group LLC
LHCG
| $2.39M | ﹤0.01% |
12,521
-11
| -0.1% | -$2.2K |
|
450
T. Rowe Price
TROW
$24.2B
| $2.36M | ﹤0.01% |
13,750
-520
| -4% | -$85.3K |
|
Similar funds
Fisher Asset Management's Q1 2021 Portfolio in Review
As of Q1 2021, Fisher Asset Management held 1,105 positions worth $142B, up 6.4% from $133B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Fisher Asset Management's Q1 2021 filing shows 95 new, 327 increased, 470 reduced and 106 closed positions. Its largest new stake was iShares 7-10 Year Treasury Bond ETF: 8,801,434 shares worth $994M. The largest sale was iShares MBS ETF, an estimated $853M.
By sector, the portfolio is most concentrated in Technology at 26% of assets, down from 26% a quarter earlier, followed by Financials and Consumer Discretionary.
- Fisher Asset Management's largest Q1 2021 buy was iShares 7-10 Year Treasury Bond ETF: 8,801,434 shares worth $994M.
- Fisher Asset Management added most to State Street SPDR Portfolio Long Term Treasury ETF in Q1 2021, an estimated $692M increase.
- Fisher Asset Management's biggest Q1 2021 reduction was iShares MBS ETF, cutting an estimated $853M.
- Fisher Asset Management fully exited Mid-America Apartment Communities in Q1 2021, selling an estimated $38.3M.
- Fisher Asset Management's ten largest holdings make up 31% of its $142B portfolio in Q1 2021.
- Fisher Asset Management opened 95 new positions and closed 106 in Q1 2021.
- Fisher Asset Management's portfolio value rose 6.4% quarter-over-quarter to $142B.
Based on Fisher Asset Management's 13F filing for Q1 2021, filed 27 Apr 2021.