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 |
Meta Platforms (Facebook)
META
|
+$951M |
| 2 |
Advanced Micro Devices
AMD
|
+$589M |
| 3 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$418M |
| 4 |
Lam Research
LRCX
|
+$412M |
| 5 |
Microsoft
MSFT
|
+$207M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Visa
V
|
+$1.24B |
| 2 |
Apple
AAPL
|
+$585M |
| 3 |
STMP
Stamps.com, Inc.
STMP
|
+$111M |
| 4 |
HRC
HILL-ROM HOLDINGS, INC.
HRC
|
+$87.8M |
| 5 |
TSMC
TSM
|
+$70.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 27.05% |
| 2 | Financials | 11.79% |
| 3 | Healthcare | 10.9% |
| 4 | Consumer Discretionary | 10.36% |
| 5 | Communication Services | 8.18% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
551
Lockheed Martin
LMT
$135B
| $1.01M | ﹤0.01% |
2,931
+347
| +13% | +$126K |
|
552
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23B
| $1.01M | ﹤0.01% |
18,425
+3,459
| +23% | +$189K |
|
553
AMERISAFE
AMSF
$551M
| $994K | ﹤0.01% |
17,707
+2,503
| +16% | +$143K |
|
554
Affiliated Managers Group
AMG
$9.83B
| $992K | ﹤0.01% |
6,565
+8
| +0.1% | +$1.31K |
|
555
Workday
WDAY
$42B
| $984K | ﹤0.01% |
3,939
-238
| -6% | -$58.9K |
|
556
OraSure Technologies
OSUR
$275M
| $934K | ﹤0.01% |
82,622
+10,952
| +15% | +$120K |
|
557
Vanguard Dividend Appreciation ETF
VIG
$114B
| $931K | ﹤0.01% |
6,063
+3,937
| +185% | +$627K |
|
558
Central Pacific Financial
CPF
$1.01B
| $928K | ﹤0.01% |
36,148
+5,246
| +17% | +$131K |
|
|
FRLG
559
DELISTED
Large Cap Growth Index-Linked Exchange Traded Notes due 2028
FRLG
| $928K | ﹤0.01% |
3,054
-1,371
| -31% | -$441K |
|
560
Vanguard Energy ETF
VDE
$9.84B
| $924K | ﹤0.01% |
12,510
-1,510
| -11% | -$105K |
|
561
iShares California Muni Bond ETF
CMF
$4.61B
| $919K | ﹤0.01% |
14,806
+25
| +0.2% | +$1.57K |
|
562
Vanguard Industrials ETF
VIS
$8.36B
| $918K | ﹤0.01% |
4,886
+328
| +7% | +$64.3K |
|
563
State Street SPDR S&P Metals & Mining ETF
XME
$4.22B
| $899K | ﹤0.01% |
21,539
-58
| -0.3% | -$2.51K |
|
564
Lennar Class B
LEN.B
$20.1B
| $896K | ﹤0.01% |
12,154
| – | – |
|
565
iShares TIPS Bond ETF
TIP
$14.5B
| $896K | ﹤0.01% |
7,018
-393
| -5% | -$50.7K |
|
566
Broadstone Net Lease
BNL
$4.06B
| $890K | ﹤0.01% |
35,858
| – | – |
|
567
Eversource Energy
ES
$27.1B
| $879K | ﹤0.01% |
10,749
+287
| +3% | +$24.9K |
|
568
CVB Financial
CVBF
$4B
| $877K | ﹤0.01% |
43,031
+6,516
| +18% | +$129K |
|
569
Schwab US Dividend Equity ETF
SCHD
$105B
| $875K | ﹤0.01% |
35,343
+3,201
| +10% | +$81.4K |
|
570
Moderna
MRNA
$21.5B
| $872K | ﹤0.01% |
2,266
-697
| -24% | -$257K |
|
571
Bruker
BRKR
$7.8B
| $870K | ﹤0.01% |
11,134
-125
| -1% | -$10.4K |
|
572
Twilio
TWLO
$29.3B
| $868K | ﹤0.01% |
2,722
+1,853
| +213% | +$675K |
|
573
Casella Waste Systems
CWST
$5.75B
| $864K | ﹤0.01% |
11,371
+1,880
| +20% | +$132K |
|
574
First Trust Dow Jones Internet Index Fund ETF
FDN
$5.34B
| $839K | ﹤0.01% |
3,556
+416
| +13% | +$102K |
|
575
Southside Bancshares
SBSI
$974M
| $831K | ﹤0.01% |
21,695
+3,726
| +21% | +$137K |
|
Similar funds
Fisher Asset Management's Q3 2021 Portfolio in Review
As of Q3 2021, Fisher Asset Management held 1,103 positions worth $161B, up 1.1% from $159B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Fisher Asset Management's Q3 2021 filing shows 93 new, 444 increased, 375 reduced and 75 closed positions. Its largest new stake was Biohaven Pharmaceutical Holding Company Ltd.: 267,976 shares worth $37.2M. The largest sale was Visa, an estimated $1.24B.
By sector, the portfolio is most concentrated in Technology at 27% of assets, up from 26% a quarter earlier, followed by Financials and Healthcare.
- Fisher Asset Management's largest Q3 2021 buy was Biohaven Pharmaceutical Holding Company Ltd.: 267,976 shares worth $37.2M.
- Fisher Asset Management added most to Meta Platforms (Facebook) in Q3 2021, an estimated $951M increase.
- Fisher Asset Management's biggest Q3 2021 reduction was Visa, cutting an estimated $1.24B.
- Fisher Asset Management fully exited Stamps.com, Inc. in Q3 2021, selling an estimated $111M.
- Fisher Asset Management's ten largest holdings make up 31% of its $161B portfolio in Q3 2021.
- Fisher Asset Management opened 93 new positions and closed 75 in Q3 2021.
- Fisher Asset Management's portfolio value rose 1.1% quarter-over-quarter to $161B.
Based on Fisher Asset Management's 13F filing for Q3 2021, filed 26 Oct 2021.