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 |
Shell
SHEL
|
+$1.04B |
| 2 |
State Street SPDR Portfolio Long Term Treasury ETF
SPTL
|
+$896M |
| 3 |
BHP
BHP
|
+$620M |
| 4 |
Amazon
AMZN
|
+$608M |
| 5 |
NVIDIA
NVDA
|
+$555M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
RDS.A
Royal Dutch Shell PLC ADS Class A
RDS.A
|
+$813M |
| 2 |
Walt Disney
DIS
|
+$667M |
| 3 |
Intel
INTC
|
+$658M |
| 4 |
UnitedHealth
UNH
|
+$649M |
| 5 |
Cisco
CSCO
|
+$646M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 29.43% |
| 2 | Healthcare | 10.84% |
| 3 | Financials | 9.96% |
| 4 | Consumer Discretionary | 9.46% |
| 5 | Communication Services | 7.22% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
476
Vanguard Morningstar Total Stock Market ETF
VTI
$684B
| $2.43M | ﹤0.01% |
10,692
-16,250
| -60% | -$3.65M |
|
477
Coca-Cola
KO
$375B
| $2.33M | ﹤0.01% |
37,551
-9,199
| -20% | -$559K |
|
478
Hyster-Yale Materials Handling
HY
$665M
| $2.31M | ﹤0.01% |
69,431
+36,277
| +109% | +$1.43M |
|
479
Petrobras Class A
PBR.A
$103B
| $2.3M | ﹤0.01% |
164,202
| – | – |
|
480
Advanced Drainage Systems
WMS
$10.9B
| $2.29M | ﹤0.01% |
19,289
-2,675
| -12% | -$317K |
|
481
J&J Snack Foods
JJSF
$1.71B
| $2.28M | ﹤0.01% |
14,695
-2,283
| -13% | -$355K |
|
482
Duke Energy
DUK
$97.3B
| $2.27M | ﹤0.01% |
20,347
+12,906
| +173% | +$1.34M |
|
483
iShares 20+ Year Treasury Bond ETF
TLT
$41.7B
| $2.26M | ﹤0.01% |
17,115
+14,538
| +564% | +$2.01M |
|
484
Altria Group
MO
$114B
| $2.25M | ﹤0.01% |
43,015
-3,404
| -7% | -$173K |
|
485
Alkermes
ALKS
$8.25B
| $2.23M | ﹤0.01% |
84,645
-3,735
| -4% | -$92.5K |
|
486
Stewart Information Services
STC
$2.08B
| $2.22M | ﹤0.01% |
36,632
+2,284
| +7% | +$159K |
|
|
REP
487
DELISTED
REPSOL YPF SA ADS(RP 1 CAP SH)
REP
| $2.19M | ﹤0.01% |
165,454
+11,521
| +7% | +$153K |
|
|
CPRX
488
DELISTED
Catalyst Pharmaceutical
CPRX
| $2.16M | ﹤0.01% |
260,468
-5,084
| -2% | -$35.9K |
|
489
Boot Barn
BOOT
$4.95B
| $2.14M | ﹤0.01% |
22,622
+5,124
| +29% | +$486K |
|
|
JOBS
490
DELISTED
51job Inc
JOBS
| $2.13M | ﹤0.01% |
36,326
+42
| +0.1% | +$2.15K |
|
491
State Street Financial Select Sector SPDR ETF
XLF
$58.2B
| $2.11M | ﹤0.01% |
55,150
-924
| -2% | -$36.1K |
|
492
Central Pacific Financial
CPF
$1B
| $2.1M | ﹤0.01% |
75,083
+26,123
| +53% | +$756K |
|
493
AT&T
T
$163B
| $2.09M | ﹤0.01% |
117,243
-4,288
| -4% | -$79.3K |
|
|
KYO
494
DELISTED
Kyocera Adr
KYO
| $2.09M | ﹤0.01% |
36,902
+3,214
| +10% | +$182K |
|
495
Korn Ferry
KFY
$4.28B
| $2.07M | ﹤0.01% |
31,912
-8
| -0% | -$538 |
|
496
Expeditors International
EXPD
$23.2B
| $2M | ﹤0.01% |
19,374
-103
| -0.5% | -$11.4K |
|
497
Genpact
G
$5.76B
| $1.96M | ﹤0.01% |
45,100
-391
| -0.9% | -$18.1K |
|
498
MakeMyTrip
MMYT
$5.64B
| $1.96M | ﹤0.01% |
72,873
-195
| -0.3% | -$5.03K |
|
499
Teleflex
TFX
$5.98B
| $1.94M | ﹤0.01% |
5,471
+197
| +4% | +$64.9K |
|
500
Ross Stores
ROST
$81.9B
| $1.93M | ﹤0.01% |
21,361
+5,216
| +32% | +$497K |
|
Similar funds
Fisher Asset Management's Q1 2022 Portfolio in Review
As of Q1 2022, Fisher Asset Management held 1,181 positions worth $169B, down 5.1% from $179B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Fisher Asset Management deployed $5.41B of net new capital in Q1 2022, opening 114 new positions and adding to 450 existing holdings. Its largest new stake was Shell: 19,596,216 shares worth $1.08B.
By sector, the portfolio is most concentrated in Technology at 29% of assets, down from 30% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was Walt Disney, an estimated $667M trimmed.
- Fisher Asset Management's largest Q1 2022 buy was Shell: 19,596,216 shares worth $1.08B.
- Fisher Asset Management added most to State Street SPDR Portfolio Long Term Treasury ETF in Q1 2022, an estimated $896M increase.
- Fisher Asset Management's biggest Q1 2022 reduction was Walt Disney, cutting an estimated $667M.
- Fisher Asset Management fully exited Royal Dutch Shell PLC ADS Class A in Q1 2022, selling an estimated $813M.
- Fisher Asset Management's ten largest holdings make up 31% of its $169B portfolio in Q1 2022.
- Fisher Asset Management opened 114 new positions and closed 95 in Q1 2022.
- Fisher Asset Management's portfolio value fell 5.1% quarter-over-quarter to $169B.
Based on Fisher Asset Management's 13F filing for Q1 2022, filed 5 May 2022.