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 | |
|---|---|---|---|---|---|---|
426
Capri Holdings
CPRI
$1.9B
| $9.81M | 0.01% |
273,226
-13,751
| -5% | -$545K |
|
|
LSI
427
DELISTED
Life Storage, Inc.
LSI
| $9.56M | 0.01% |
71,880
-126
| -0.2% | -$16.8K |
|
428
Tetra Tech
TTEK
$8.97B
| $9.52M | 0.01% |
290,750
-17,655
| -6% | -$519K |
|
429
Cheesecake Factory
CAKE
$5.26B
| $9.47M | 0.01% |
274,000
-300
| -0.1% | -$9.94K |
|
430
First Industrial Realty Trust
FR
$8.5B
| $9.38M | 0.01% |
178,254
| – | – |
|
431
McDonald's
MCD
$191B
| $9.33M | 0.01% |
31,266
+17,423
| +126% | +$5.06M |
|
432
iShares MSCI France ETF
EWQ
$342M
| $9.26M | 0.01% |
240,409
-6,472
| -3% | -$249K |
|
433
Columbus McKinnon
CMCO
$622M
| $9.17M | 0.01% |
225,541
-15,426
| -6% | -$570K |
|
434
Fidelity MSCI Consumer Discretionary Index ETF
FDIS
$1.73B
| $9.13M | 0.01% |
124,545
-11,337
| -8% | -$757K |
|
435
Resideo Technologies
REZI
$3.96B
| $9.02M | 0.01% |
511,000
| – | – |
|
436
ProPetro Holding
PUMP
$1.4B
| $9.01M | 0.01% |
1,093,716
| – | – |
|
437
ICU Medical
ICUI
$4.3B
| $8.73M | ﹤0.01% |
49,000
| – | – |
|
438
Ecopetrol
EC
$33.5B
| $8.66M | ﹤0.01% |
845,082
| – | – |
|
439
Manhattan Associates
MANH
$11B
| $8.51M | ﹤0.01% |
42,556
+3,805
| +10% | +$661K |
|
440
Essential Properties Realty Trust
EPRT
$6.64B
| $8.5M | ﹤0.01% |
361,000
| – | – |
|
441
Banner Corp
BANR
$2.44B
| $8.43M | ﹤0.01% |
193,078
+4,240
| +2% | +$200K |
|
442
Patterson-UTI
PTEN
$3.83B
| $8.39M | ﹤0.01% |
700,764
-45,234
| -6% | -$511K |
|
|
K
443
DELISTED
Kellanova
K
| $8.21M | ﹤0.01% |
129,654
-8,964
| -6% | -$572K |
|
444
Federal Realty Investment Trust
FRT
$10.6B
| $8.12M | ﹤0.01% |
83,905
-681
| -0.8% | -$64K |
|
|
XYZ
445
Block Inc
XYZ
$50.4B
| $8.1M | ﹤0.01% |
121,745
-11,208,500
| -99% | -$700M |
|
446
APA Corp
APA
$12.7B
| $8.09M | ﹤0.01% |
236,849
-2,021
| -0.8% | -$70.5K |
|
447
Southern Company
SO
$107B
| $8.08M | ﹤0.01% |
114,964
+4,745
| +4% | +$340K |
|
448
Factset
FDS
$9.76B
| $8.05M | ﹤0.01% |
20,084
-3,771
| -16% | -$1.52M |
|
449
Outfront Media
OUT
$5.63B
| $8.03M | ﹤0.01% |
519,291
-24,564
| -5% | -$370K |
|
450
ACI Worldwide
ACIW
$5.82B
| $7.96M | ﹤0.01% |
343,442
-8,902
| -3% | -$215K |
|
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.