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 |
Canadian Natural Resources
CNQ
|
+$1.58B |
| 2 |
iShares MBS ETF
MBB
|
+$1.49B |
| 3 |
RTX Corp
RTX
|
+$839M |
| 4 |
Microsoft
MSFT
|
+$566M |
| 5 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$555M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Portfolio Short Term Treasury ETF
SPTS
|
+$1.27B |
| 2 |
Advanced Micro Devices
AMD
|
+$920M |
| 3 |
iShares Expanded Tech-Software Sector ETF
IGV
|
+$682M |
| 4 |
VanEck Semiconductor ETF
SMH
|
+$567M |
| 5 |
Vanguard Information Technology ETF
VGT
|
+$291M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 30.6% |
| 2 | Financials | 11.61% |
| 3 | Healthcare | 9.91% |
| 4 | Consumer Discretionary | 9.26% |
| 5 | Industrials | 7.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
451
Chipotle Mexican Grill
CMG
$42.8B
| $7.42M | ﹤0.01% |
118,436
-2,014
| -2% | -$125K |
|
452
STAG Industrial
STAG
$7.44B
| $7.38M | ﹤0.01% |
204,647
+12
| +0% | +$427 |
|
|
UCTT
453
Ultra Clean Holdings
UCTT
$3.79B
| $7.37M | ﹤0.01% |
150,345
-18,599
| -11% | -$835K |
|
454
Amkor Technology
AMKR
$13.9B
| $7.29M | ﹤0.01% |
182,242
+101,231
| +125% | +$3.35M |
|
455
Agree Realty
ADC
$9.57B
| $7.25M | ﹤0.01% |
117,015
+14
| +0% | +$827 |
|
456
Fidelity MSCI Consumer Discretionary Index ETF
FDIS
$1.73B
| $7.25M | ﹤0.01% |
89,456
-9,471
| -10% | -$753K |
|
457
Trex
TREX
$4.89B
| $7.24M | ﹤0.01% |
97,699
+5,192
| +6% | +$454K |
|
458
Columbus McKinnon
CMCO
$580M
| $7.11M | ﹤0.01% |
205,706
-15,830
| -7% | -$642K |
|
459
Vericel Corp
VCEL
$2.36B
| $7.02M | ﹤0.01% |
153,020
-1,147
| -0.7% | -$54.1K |
|
|
ONT
460
Onterris Inc
ONT
$795M
| $6.93M | ﹤0.01% |
155,522
-12,900
| -8% | -$580K |
|
461
Snap-on
SNA
$21.2B
| $6.91M | ﹤0.01% |
26,440
+1,577
| +6% | +$433K |
|
462
AbbVie
ABBV
$433B
| $6.83M | ﹤0.01% |
39,799
+5,876
| +17% | +$973K |
|
463
Outfront Media
OUT
$5.61B
| $6.8M | ﹤0.01% |
483,250
+3,998
| +0.8% | +$58.6K |
|
|
EXAS
464
DELISTED
Exact Sciences
EXAS
| $6.73M | ﹤0.01% |
159,204
+1,447
| +0.9% | +$79.6K |
|
465
Viavi Solutions
VIAV
$9.95B
| $6.7M | ﹤0.01% |
975,464
+8,125
| +0.8% | +$63.2K |
|
466
Ziff Davis
ZD
$2.04B
| $6.63M | ﹤0.01% |
120,440
-345,920
| -74% | -$19M |
|
467
ScottsMiracle-Gro
SMG
$3.97B
| $6.41M | ﹤0.01% |
98,568
+300
| +0.3% | +$20.5K |
|
468
PTC
PTC
$15.2B
| $6.28M | ﹤0.01% |
34,561
+3,800
| +12% | +$680K |
|
469
Micron Technology
MU
$1.01T
| $6.23M | ﹤0.01% |
47,401
-9,904
| -17% | -$1.25M |
|
470
Devon Energy
DVN
$50.8B
| $6.23M | ﹤0.01% |
131,474
+14,433
| +12% | +$718K |
|
471
Independent Bank
INDB
$4.05B
| $6.11M | ﹤0.01% |
120,530
-12,544
| -9% | -$628K |
|
472
SM Energy
SM
$7.66B
| $6.07M | ﹤0.01% |
140,345
+74,561
| +113% | +$3.66M |
|
473
Vanguard Total Bond Market
BND
$158B
| $5.99M | ﹤0.01% |
83,120
+7,670
| +10% | +$549K |
|
474
Regeneron Pharmaceuticals
REGN
$78.2B
| $5.95M | ﹤0.01% |
5,665
-149
| -3% | -$144K |
|
475
Morningstar
MORN
$7.46B
| $5.92M | ﹤0.01% |
20,008
+15
| +0.1% | +$4.44K |
|
Similar funds
Fisher Asset Management's Q2 2024 Portfolio in Review
As of Q2 2024, Fisher Asset Management held 1,069 positions worth $230B, up 7.4% from $214B the previous quarter. Its ten largest holdings account for 34% of the portfolio.
Fisher Asset Management deployed $7.03B of net new capital in Q2 2024, opening 105 new positions and adding to 492 existing holdings. Its largest new stake was ZTO Express: 3,166,868 shares worth $65.7M.
By sector, the portfolio is most concentrated in Technology at 31% of assets, up from 29% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was State Street SPDR Portfolio Short Term Treasury ETF, an estimated $1.27B trimmed.
- Fisher Asset Management's largest Q2 2024 buy was ZTO Express: 3,166,868 shares worth $65.7M.
- Fisher Asset Management added most to Canadian Natural Resources in Q2 2024, an estimated $1.58B increase.
- Fisher Asset Management's biggest Q2 2024 reduction was State Street SPDR Portfolio Short Term Treasury ETF, cutting an estimated $1.27B.
- Fisher Asset Management fully exited Thor Industries in Q2 2024, selling an estimated $24.5M.
- Fisher Asset Management's ten largest holdings make up 34% of its $230B portfolio in Q2 2024.
- Fisher Asset Management opened 105 new positions and closed 83 in Q2 2024.
- Fisher Asset Management's portfolio value rose 7.4% quarter-over-quarter to $230B.
Based on Fisher Asset Management's 13F filing for Q2 2024, filed 14 Aug 2024.