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 | |
|---|---|---|---|---|---|---|
451
iShares Core MSCI EAFE ETF
IEFA
$194B
| $2.34M | ﹤0.01% |
32,495
-9,823
| -23% | -$702K |
|
452
IQVIA
IQV
$38.3B
| $2.33M | ﹤0.01% |
12,049
-834
| -6% | -$157K |
|
453
Ross Stores
ROST
$81.6B
| $2.31M | ﹤0.01% |
19,245
-814
| -4% | -$96.5K |
|
454
MakeMyTrip
MMYT
$5.65B
| $2.3M | ﹤0.01% |
72,873
| – | – |
|
455
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.51B
| $2.29M | ﹤0.01% |
51,450
+67
| +0.1% | +$2.89K |
|
456
Genpact
G
$6.13B
| $2.28M | ﹤0.01% |
53,197
-2,450
| -4% | -$102K |
|
457
Advanced Drainage Systems
WMS
$11.4B
| $2.27M | ﹤0.01% |
21,954
+3,556
| +19% | +$348K |
|
458
iShares MSCI Spain ETF
EWP
$2.15B
| $2.26M | ﹤0.01% |
82,440
-4,371
| -5% | -$119K |
|
459
Expeditors International
EXPD
$23.2B
| $2.24M | ﹤0.01% |
20,805
+15
| +0.1% | +$1.44K |
|
460
General Dynamics
GD
$105B
| $2.2M | ﹤0.01% |
12,139
+433
| +4% | +$70.7K |
|
461
M/I Homes
MHO
$3.71B
| $2.19M | ﹤0.01% |
37,066
-148
| -0.4% | -$7.68K |
|
462
PetMed Express
PETS
$42.1M
| $2.18M | ﹤0.01% |
61,997
-3,537
| -5% | -$123K |
|
463
IBM
IBM
$220B
| $2.15M | ﹤0.01% |
16,911
-2,831
| -14% | -$339K |
|
464
State Street Financial Select Sector SPDR ETF
XLF
$58.4B
| $2.13M | ﹤0.01% |
62,524
+7,161
| +13% | +$230K |
|
465
Sarepta Therapeutics
SRPT
$1.77B
| $2.12M | ﹤0.01% |
28,470
+267
| +0.9% | +$24.6K |
|
|
FARO
466
DELISTED
Faro Technologies
FARO
| $2.11M | ﹤0.01% |
24,422
-164
| -0.7% | -$13.6K |
|
|
CDMO
467
DELISTED
Avid Bioservices, Inc. Common Stock
CDMO
| $2.11M | ﹤0.01% |
115,677
+55,790
| +93% | +$927K |
|
468
First Solar
FSLR
$26.2B
| $2.08M | ﹤0.01% |
23,869
-201
| -0.8% | -$18.4K |
|
469
MYR Group
MYRG
$5.16B
| $2.06M | ﹤0.01% |
28,748
-1,889
| -6% | -$120K |
|
470
Republic Services
RSG
$64.5B
| $2.03M | ﹤0.01% |
20,426
-487
| -2% | -$45.7K |
|
471
Comfort Systems
FIX
$60.3B
| $2M | ﹤0.01% |
26,753
-239
| -0.9% | -$15.3K |
|
472
Teleflex
TFX
$6.15B
| $2M | ﹤0.01% |
4,814
-174
| -3% | -$69.7K |
|
473
VanEck Semiconductor ETF
SMH
$71.8B
| $1.99M | ﹤0.01% |
16,316
+126
| +0.8% | +$14.9K |
|
474
Hormel Foods
HRL
$13.8B
| $1.99M | ﹤0.01% |
41,566
-6,036
| -13% | -$285K |
|
475
Progressive
PGR
$125B
| $1.98M | ﹤0.01% |
20,696
-631
| -3% | -$57.3K |
|
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.