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 Expanded Tech-Software Sector ETF
IGV
|
+$1.39B |
| 2 |
SCHW
Charles Schwab
SCHW
|
+$1.07B |
| 3 |
Walmart Inc
WMT
|
+$1B |
| 4 |
Blackrock
BLK
|
+$996M |
| 5 |
Starbucks
SBUX
|
+$813M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$1.12B |
| 2 |
Visa
V
|
+$1.06B |
| 3 |
Apple
AAPL
|
+$1.02B |
| 4 |
Alibaba
BABA
|
+$983M |
| 5 |
Costco
COST
|
+$931M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.2% |
| 2 | Financials | 11.9% |
| 3 | Healthcare | 9.86% |
| 4 | Consumer Discretionary | 9.75% |
| 5 | Communication Services | 6.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
526
iShares Global Consumer Staples ETF
KXI
$1.07B
| $2M | ﹤0.01% |
37,279
-8,497
| -19% | -$497K |
|
527
Coca-Cola
KO
$374B
| $2M | ﹤0.01% |
35,627
-2,323
| -6% | -$144K |
|
528
AnaptysBio
ANAB
$1.67B
| $1.98M | ﹤0.01% |
77,550
+10
| +0% | +$234 |
|
529
iShares US Telecommunications ETF
IYZ
$1.26B
| $1.97M | ﹤0.01% |
94,117
+30,508
| +48% | +$761K |
|
530
Viatris
VTRS
$19.3B
| $1.95M | ﹤0.01% |
228,263
-3,391
| -1% | -$33.4K |
|
|
MCHB
531
Mechanics Bancorp
MCHB
$3.68B
| $1.93M | ﹤0.01% |
67,017
| – | – |
|
532
Valero Energy
VLO
$86.2B
| $1.93M | ﹤0.01% |
18,021
-2,324
| -11% | -$256K |
|
|
CLDT
533
Chatham Lodging
CLDT
$591M
| $1.9M | ﹤0.01% |
192,840
+97,671
| +103% | +$1.17M |
|
534
SPS Commerce
SPSC
$2.64B
| $1.9M | ﹤0.01% |
15,314
+361
| +2% | +$43.8K |
|
535
FIVE9
FIVN
$2.56B
| $1.86M | ﹤0.01% |
24,813
+6,881
| +38% | +$668K |
|
536
Genpact
G
$5.85B
| $1.85M | ﹤0.01% |
42,276
-2,357
| -5% | -$108K |
|
537
Altria Group
MO
$114B
| $1.82M | ﹤0.01% |
45,072
-1,616
| -3% | -$70.5K |
|
538
Petrobras Class A
PBR.A
$104B
| $1.82M | ﹤0.01% |
164,202
| – | – |
|
539
Manhattan Associates
MANH
$11.5B
| $1.81M | ﹤0.01% |
13,573
+158
| +1% | +$21.4K |
|
|
DAY
540
DELISTED
Dayforce
DAY
| $1.8M | ﹤0.01% |
32,154
+191
| +0.6% | +$11.1K |
|
541
IQVIA
IQV
$38.9B
| $1.79M | ﹤0.01% |
9,889
-326
| -3% | -$71.4K |
|
542
Manitowoc
MTW
$692M
| $1.77M | ﹤0.01% |
227,977
+53
| +0% | +$536 |
|
543
Shake Shack
SHAK
$2.86B
| $1.76M | ﹤0.01% |
+39,110
| New | +$1.88M |
|
544
Dropbox
DBX
$8.11B
| $1.75M | ﹤0.01% |
84,451
-10,580
| -11% | -$237K |
|
|
RYZ
545
Ryerson Holding Corp
RYZ
$1.45B
| $1.75M | ﹤0.01% |
67,999
+13,660
| +25% | +$364K |
|
546
Barclays
BCS
$94B
| $1.74M | ﹤0.01% |
+272,069
| New | +$2.1M |
|
|
SPR
547
DELISTED
Spirit AeroSystems
SPR
| $1.74M | ﹤0.01% |
79,426
+28,097
| +55% | +$854K |
|
548
Amdocs
DOX
$6.24B
| $1.7M | ﹤0.01% |
21,409
-491
| -2% | -$41.6K |
|
549
Banner Corp
BANR
$2.41B
| $1.7M | ﹤0.01% |
28,713
-3,239
| -10% | -$195K |
|
550
Vanguard Energy ETF
VDE
$9.79B
| $1.68M | ﹤0.01% |
16,562
+2,202
| +15% | +$234K |
|
Similar funds
Fisher Asset Management's Q3 2022 Portfolio in Review
As of Q3 2022, Fisher Asset Management held 1,176 positions worth $133B, down 5.6% from $141B the previous quarter. Its ten largest holdings account for 29% of the portfolio.
Fisher Asset Management's Q3 2022 filing shows 111 new, 332 increased, 452 reduced and 98 closed positions. Its largest new stake was Charles Schwab: 15,433,332 shares worth $1.11B. The largest sale was Vanguard Intermediate-Term Corporate Bond ETF, an estimated $1.12B.
By sector, the portfolio is most concentrated in Technology at 26% of assets, down from 28% a quarter earlier, followed by Financials and Healthcare.
- Fisher Asset Management's largest Q3 2022 buy was Charles Schwab: 15,433,332 shares worth $1.11B.
- Fisher Asset Management added most to iShares Expanded Tech-Software Sector ETF in Q3 2022, an estimated $1.39B increase.
- Fisher Asset Management's biggest Q3 2022 reduction was Vanguard Intermediate-Term Corporate Bond ETF, cutting an estimated $1.12B.
- Fisher Asset Management fully exited Atlas Air Worldwide Holdings, Inc. in Q3 2022, selling an estimated $22.2M.
- Fisher Asset Management's ten largest holdings make up 29% of its $133B portfolio in Q3 2022.
- Fisher Asset Management opened 111 new positions and closed 98 in Q3 2022.
- Fisher Asset Management's portfolio value fell 5.6% quarter-over-quarter to $133B.
Based on Fisher Asset Management's 13F filing for Q3 2022, filed 8 Nov 2022.