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 |
PepsiCo
PEP
|
+$821M |
| 2 |
UnitedHealth
UNH
|
+$757M |
| 3 |
Procter & Gamble
PG
|
+$646M |
| 4 |
ExxonMobil
XOM
|
+$580M |
| 5 |
Broadcom
AVGO
|
+$544M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
XYZ
Block Inc
XYZ
|
+$700M |
| 2 |
SLB Ltd
SLB
|
+$562M |
| 3 |
PayPal
PYPL
|
+$554M |
| 4 |
Target
TGT
|
+$476M |
| 5 |
Uber
UBER
|
+$428M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 27.95% |
| 2 | Financials | 10.94% |
| 3 | Healthcare | 9.68% |
| 4 | Consumer Discretionary | 9.44% |
| 5 | Industrials | 7.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
551
8x8 Inc
EGHT
$328M
| $3.42M | ﹤0.01% |
809,132
-57,843
| -7% | -$208K |
|
552
Vanguard Morningstar Total Stock Market ETF
VTI
$681B
| $3.33M | ﹤0.01% |
15,101
+2,476
| +20% | +$516K |
|
|
X
553
DELISTED
US Steel
X
| $3.21M | ﹤0.01% |
128,347
+21,635
| +20% | +$504K |
|
554
M/I Homes
MHO
$3.81B
| $3.2M | ﹤0.01% |
36,713
-15,123
| -29% | -$1.07M |
|
555
Anika Therapeutics
ANIK
$257M
| $3.17M | ﹤0.01% |
122,194
-5,063
| -4% | -$135K |
|
556
Northern Trust
NTRS
$33.7B
| $3.15M | ﹤0.01% |
42,520
| – | – |
|
557
PDF Solutions
PDFS
$2.07B
| $3.14M | ﹤0.01% |
69,696
-11,321
| -14% | -$462K |
|
558
iShares Core S&P 500 ETF
IVV
$898B
| $3.09M | ﹤0.01% |
6,923
+305
| +5% | +$129K |
|
559
MiMedx Group
MDXG
$606M
| $3.07M | ﹤0.01% |
465,180
-51,233
| -10% | -$261K |
|
560
State Street SPDR S&P 500 ETF Trust
SPY
$819B
| $3.06M | ﹤0.01% |
6,907
-1,537
| -18% | -$645K |
|
561
Moelis & Co
MC
$5.14B
| $3.04M | ﹤0.01% |
67,116
-10,787
| -14% | -$430K |
|
|
REP
562
DELISTED
REPSOL YPF SA ADS(RP 1 CAP SH)
REP
| $3.02M | ﹤0.01% |
207,770
-79
| -0% | -$1.15K |
|
563
iShares ESG Aware 1-5 Year USD Corporate Bond ETF
SUSB
$1.3B
| $3.02M | ﹤0.01% |
126,098
+10,832
| +9% | +$260K |
|
564
IBM
IBM
$222B
| $2.94M | ﹤0.01% |
21,997
+4,133
| +23% | +$533K |
|
565
PTC
PTC
$15.1B
| $2.91M | ﹤0.01% |
20,444
-106
| -0.5% | -$14K |
|
566
Cerence
CRNC
$417M
| $2.9M | ﹤0.01% |
99,264
+20,593
| +26% | +$565K |
|
|
INVX
567
Innovex International
INVX
$2.13B
| $2.83M | ﹤0.01% |
121,814
+41,932
| +52% | +$1.07M |
|
568
Camden Property Trust
CPT
$11.1B
| $2.8M | ﹤0.01% |
25,680
-444
| -2% | -$47.9K |
|
569
Dropbox
DBX
$8.17B
| $2.72M | ﹤0.01% |
102,031
+6,112
| +6% | +$139K |
|
570
Sherwin-Williams
SHW
$89.7B
| $2.71M | ﹤0.01% |
10,202
+193
| +2% | +$45.4K |
|
571
iShares MSCI Germany ETF
EWG
$1.61B
| $2.71M | ﹤0.01% |
94,738
-327
| -0.3% | -$9.39K |
|
572
Incyte
INCY
$24.3B
| $2.7M | ﹤0.01% |
43,432
+136
| +0.3% | +$9.09K |
|
573
Quanex
NX
$959M
| $2.69M | ﹤0.01% |
100,172
-13,910
| -12% | -$309K |
|
574
iShares Broad USD Investment Grade Corporate Bond ETF
USIG
$17.4B
| $2.67M | ﹤0.01% |
53,342
+2,127
| +4% | +$107K |
|
575
WEX
WEX
$6.42B
| $2.64M | ﹤0.01% |
14,486
-100
| -0.7% | -$17.7K |
|
Similar funds
Fisher Asset Management's Q2 2023 Portfolio in Review
As of Q2 2023, Fisher Asset Management held 1,244 positions worth $181B, up 9.9% from $165B the previous quarter. Its ten largest holdings account for 28% of the portfolio.
Fisher Asset Management's Q2 2023 filing shows 109 new, 547 increased, 343 reduced and 81 closed positions. Its largest new stake was CNB Financial Corp: 67,868 shares worth $1.2M. The largest sale was Block Inc, an estimated $700M.
By sector, the portfolio is most concentrated in Technology at 28% of assets, up from 27% a quarter earlier, followed by Financials and Healthcare.
- Fisher Asset Management's largest Q2 2023 buy was CNB Financial Corp: 67,868 shares worth $1.2M.
- Fisher Asset Management added most to PepsiCo in Q2 2023, an estimated $821M increase.
- Fisher Asset Management's biggest Q2 2023 reduction was Block Inc, cutting an estimated $700M.
- Fisher Asset Management fully exited Mechanics Bancorp in Q2 2023, selling an estimated $1.17M.
- Fisher Asset Management's ten largest holdings make up 28% of its $181B portfolio in Q2 2023.
- Fisher Asset Management opened 109 new positions and closed 81 in Q2 2023.
- Fisher Asset Management's portfolio value rose 9.9% quarter-over-quarter to $181B.
Based on Fisher Asset Management's 13F filing for Q2 2023, filed 8 Aug 2023.