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 |
NextEra Energy
NEE
|
+$703M |
| 2 |
UnitedHealth
UNH
|
+$671M |
| 3 |
3M
MMM
|
+$660M |
| 4 |
Walt Disney
DIS
|
+$506M |
| 5 |
Toyota
TM
|
+$476M |
Top Sells
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.39% |
| 2 | Consumer Discretionary | 12.64% |
| 3 | Financials | 11.77% |
| 4 | Healthcare | 10.94% |
| 5 | Communication Services | 6.4% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
551
Workday
WDAY
$42.1B
| $679K | ﹤0.01% |
3,622
-94
| -3% | -$15.2K |
|
552
CF Industries
CF
$17.9B
| $677K | ﹤0.01% |
24,058
+1,505
| +7% | +$42.8K |
|
553
Post Holdings
POST
$4.04B
| $677K | ﹤0.01% |
11,810
-30
| -0.3% | -$1.75K |
|
554
Vanguard Information Technology ETF
VGT
$147B
| $672K | ﹤0.01% |
19,288
-2,664
| -12% | -$83.1K |
|
555
Vanguard Industrials ETF
VIS
$8.42B
| $672K | ﹤0.01% |
5,175
-2,809
| -35% | -$343K |
|
556
Vanguard Morningstar Total Stock Market ETF
VTI
$681B
| $662K | ﹤0.01% |
+4,229
| New | +$624K |
|
557
Tesla
TSLA
$1.27T
| $653K | ﹤0.01% |
9,075
-2,385
| -21% | -$129K |
|
558
State Street SPDR S&P Metals & Mining ETF
XME
$4.28B
| $653K | ﹤0.01% |
30,794
-16,005
| -34% | -$316K |
|
559
iQIYI
IQ
$1.24B
| $645K | ﹤0.01% |
+27,816
| New | +$516K |
|
560
Schwab International Equity ETF
SCHF
$68.2B
| $631K | ﹤0.01% |
+42,440
| New | +$597K |
|
561
L3Harris
LHX
$53.3B
| $626K | ﹤0.01% |
3,687
+100
| +3% | +$18.8K |
|
562
Fidelity Nasdaq Composite Index ETF
ONEQ
$10.8B
| $617K | ﹤0.01% |
15,780
+1,720
| +12% | +$60.9K |
|
563
Cincinnati Financial
CINF
$27.3B
| $608K | ﹤0.01% |
9,498
-206
| -2% | -$13.6K |
|
564
Novavax
NVAX
$1.27B
| $600K | ﹤0.01% |
+7,197
| New | +$275K |
|
565
Old Dominion Freight Line
ODFL
$44.8B
| $600K | ﹤0.01% |
7,078
-7,718
| -52% | -$586K |
|
566
VeriSign
VRSN
$26.5B
| $598K | ﹤0.01% |
2,889
+258
| +10% | +$53.6K |
|
567
Broadcom
AVGO
$1.99T
| $589K | ﹤0.01% |
18,650
-1,300
| -7% | -$36.4K |
|
568
PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund
HYS
$1.75B
| $573K | ﹤0.01% |
6,283
+102
| +2% | +$9.12K |
|
569
Vanguard Tax-Exempt Bond Index Fund
VTEB
$45.2B
| $549K | ﹤0.01% |
10,145
+2,132
| +27% | +$114K |
|
570
Intuit
INTU
$89.7B
| $544K | ﹤0.01% |
1,838
-1,140
| -38% | -$313K |
|
|
FIEE
571
DELISTED
FI Enhanced Europe 50 ETN
FIEE
| $543K | ﹤0.01% |
4,388
-3,961
| -47% | -$437K |
|
572
WIX.com
WIX
$2.7B
| $541K | ﹤0.01% |
+2,111
| New | +$374K |
|
573
Bruker
BRKR
$7.99B
| $539K | ﹤0.01% |
13,255
-6,272
| -32% | -$247K |
|
574
iShares MSCI EAFE ETF
EFA
$79.4B
| $533K | ﹤0.01% |
8,754
-5,339
| -38% | -$309K |
|
575
Ingersoll Rand
IR
$34.9B
| $526K | ﹤0.01% |
18,719
+5,980
| +47% | +$169K |
|
Similar funds
Fisher Asset Management's Q2 2020 Portfolio in Review
As of Q2 2020, Fisher Asset Management held 986 positions worth $102B, up 27% from $80.6B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Fisher Asset Management's Q2 2020 filing shows 120 new, 322 increased, 361 reduced and 84 closed positions. Its largest new stake was American Tower: 1,761,637 shares worth $455M. The largest sale was Credit Suisse FI Large Cap Growth Enhanced Exchange Traded Notes, an estimated $1.55B.
By sector, the portfolio is most concentrated in Technology at 25% of assets, up from 24% a quarter earlier, followed by Consumer Discretionary and Financials.
- Fisher Asset Management's largest Q2 2020 buy was American Tower: 1,761,637 shares worth $455M.
- Fisher Asset Management added most to NextEra Energy in Q2 2020, an estimated $703M increase.
- Fisher Asset Management's biggest Q2 2020 reduction was Credit Suisse FI Large Cap Growth Enhanced Exchange Traded Notes, cutting an estimated $1.55B.
- Fisher Asset Management fully exited Weibo in Q2 2020, selling an estimated $116M.
- Fisher Asset Management's ten largest holdings make up 32% of its $102B portfolio in Q2 2020.
- Fisher Asset Management opened 120 new positions and closed 84 in Q2 2020.
- Fisher Asset Management's portfolio value rose 27% quarter-over-quarter to $102B.
Based on Fisher Asset Management's 13F filing for Q2 2020, filed 7 Aug 2020.