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 |
Netflix
NFLX
|
+$808M |
| 2 |
Amazon
AMZN
|
+$805M |
| 3 |
DOCU
DocuSign
DOCU
|
+$696M |
| 4 |
Intuit
INTU
|
+$684M |
| 5 |
Meta Platforms (Facebook)
META
|
+$662M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Walmart Inc
WMT
|
+$1.14B |
| 2 |
Walt Disney
DIS
|
+$959M |
| 3 |
Intel
INTC
|
+$891M |
| 4 |
UnitedHealth
UNH
|
+$704M |
| 5 |
Visa
V
|
+$609M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 30.01% |
| 2 | Healthcare | 10.79% |
| 3 | Financials | 10.13% |
| 4 | Consumer Discretionary | 9.89% |
| 5 | Communication Services | 8.19% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
501
lululemon athletica
LULU
$14.2B
| $1.99M | ﹤0.01% |
5,088
+399
| +9% | +$171K |
|
502
Trane Technologies
TT
$105B
| $1.97M | ﹤0.01% |
9,739
-941
| -9% | -$177K |
|
503
Resources Connection
RGP
$145M
| $1.95M | ﹤0.01% |
109,464
+41,118
| +60% | +$726K |
|
504
PNC Financial Services
PNC
$101B
| $1.95M | ﹤0.01% |
9,737
+2,606
| +37% | +$530K |
|
505
Ford
F
$55B
| $1.92M | ﹤0.01% |
92,267
+5,705
| +7% | +$105K |
|
|
FLGE
506
DELISTED
Credit Suisse FI Large Cap Growth Enhanced Exchange Traded Notes
FLGE
| $1.89M | ﹤0.01% |
2,330
-13,063
| -85% | -$10.6M |
|
507
iShares MSCI Spain ETF
EWP
$2.15B
| $1.86M | ﹤0.01% |
70,897
-4,186
| -6% | -$113K |
|
508
Baidu
BIDU
$37.1B
| $1.85M | ﹤0.01% |
12,465
-141
| -1% | -$22K |
|
509
EPAM Systems
EPAM
$4.86B
| $1.85M | ﹤0.01% |
2,770
-352
| -11% | -$227K |
|
510
Fidelity Nasdaq Composite Index ETF
ONEQ
$10.8B
| $1.85M | ﹤0.01% |
30,309
-661
| -2% | -$39.6K |
|
511
Manitowoc
MTW
$510M
| $1.84M | ﹤0.01% |
99,242
+29,372
| +42% | +$595K |
|
512
Ross Stores
ROST
$81.6B
| $1.84M | ﹤0.01% |
16,145
-2,103
| -12% | -$235K |
|
513
GE Aerospace
GE
$389B
| $1.84M | ﹤0.01% |
31,312
+1,981
| +7% | +$124K |
|
|
REP
514
DELISTED
REPSOL YPF SA ADS(RP 1 CAP SH)
REP
| $1.83M | ﹤0.01% |
153,933
+11,093
| +8% | +$132K |
|
515
OraSure Technologies
OSUR
$275M
| $1.82M | ﹤0.01% |
208,988
+126,366
| +153% | +$1.25M |
|
516
Quanex
NX
$959M
| $1.81M | ﹤0.01% |
73,164
+23,966
| +49% | +$535K |
|
|
CPRX
517
DELISTED
Catalyst Pharmaceutical
CPRX
| $1.8M | ﹤0.01% |
265,552
+63,751
| +32% | +$419K |
|
|
JOBS
518
DELISTED
51job Inc
JOBS
| $1.77M | ﹤0.01% |
36,284
-50
| -0.1% | -$2.85K |
|
|
IMGN
519
DELISTED
Immunogen Inc
IMGN
| $1.75M | ﹤0.01% |
235,981
+151,183
| +178% | +$940K |
|
520
Teleflex
TFX
$6.15B
| $1.73M | ﹤0.01% |
5,274
-769
| -13% | -$262K |
|
521
Progressive
PGR
$125B
| $1.69M | ﹤0.01% |
16,462
-2,243
| -12% | -$214K |
|
522
Fidelity National Information Services
FIS
$22.1B
| $1.69M | ﹤0.01% |
15,455
-134
| -0.9% | -$15.1K |
|
523
Ironwood Pharmaceuticals
IRWD
$701M
| $1.69M | ﹤0.01% |
144,517
+58,599
| +68% | +$719K |
|
524
Vanguard Real Estate ETF
VNQ
$38.8B
| $1.68M | ﹤0.01% |
14,434
+12,444
| +625% | +$1.36M |
|
525
Petrobras Class A
PBR.A
$106B
| $1.66M | ﹤0.01% |
164,202
| – | – |
|
Similar funds
Fisher Asset Management's Q4 2021 Portfolio in Review
As of Q4 2021, Fisher Asset Management held 1,147 positions worth $179B, up 11% from $161B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Fisher Asset Management deployed $7.67B of net new capital in Q4 2021, opening 119 new positions and adding to 524 existing holdings. Its largest new stake was DocuSign: 3,052,026 shares worth $465M.
By sector, the portfolio is most concentrated in Technology at 30% of assets, up from 27% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was Walmart Inc, an estimated $1.14B trimmed.
- Fisher Asset Management's largest Q4 2021 buy was DocuSign: 3,052,026 shares worth $465M.
- Fisher Asset Management added most to Netflix in Q4 2021, an estimated $808M increase.
- Fisher Asset Management's biggest Q4 2021 reduction was Walmart Inc, cutting an estimated $1.14B.
- Fisher Asset Management fully exited Kansas City Southern in Q4 2021, selling an estimated $64.7M.
- Fisher Asset Management's ten largest holdings make up 32% of its $179B portfolio in Q4 2021.
- Fisher Asset Management opened 119 new positions and closed 80 in Q4 2021.
- Fisher Asset Management's portfolio value rose 11% quarter-over-quarter to $179B.
Based on Fisher Asset Management's 13F filing for Q4 2021, filed 2 Feb 2022.