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 7-10 Year Treasury Bond ETF
IEF
|
+$1.03B |
| 2 |
State Street SPDR Portfolio Long Term Treasury ETF
SPTL
|
+$692M |
| 3 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$542M |
| 4 |
Apple
AAPL
|
+$197M |
| 5 |
Amazon
AMZN
|
+$157M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MBS ETF
MBB
|
+$853M |
| 2 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$225M |
| 3 |
Xtrackers USD High Yield Corporate Bond ETF
HYLB
|
+$215M |
| 4 |
iShares Broad USD High Yield Corporate Bond ETF
USHY
|
+$153M |
| 5 |
TSMC
TSM
|
+$124M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.52% |
| 2 | Financials | 12.28% |
| 3 | Consumer Discretionary | 11.76% |
| 4 | Healthcare | 9.84% |
| 5 | Communication Services | 7.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
576
First Trust Dow Jones Internet Index Fund ETF
FDN
$5.34B
| $711K | ﹤0.01% |
3,260
-491
| -13% | -$109K |
|
577
iShares 5-10 Year Investment Grade Corporate Bond ETF
IGIB
$18.6B
| $691K | ﹤0.01% |
11,658
+2,697
| +30% | +$163K |
|
578
Expedia Group
EXPE
$36.8B
| $689K | ﹤0.01% |
4,003
+95
| +2% | +$14.6K |
|
579
Southside Bancshares
SBSI
$974M
| $688K | ﹤0.01% |
17,856
| – | – |
|
580
OraSure Technologies
OSUR
$275M
| $684K | ﹤0.01% |
58,652
-8,705
| -13% | -$107K |
|
581
Mondelez International
MDLZ
$80.1B
| $662K | ﹤0.01% |
11,310
-1,466
| -11% | -$82.8K |
|
582
Church & Dwight Co
CHD
$24.5B
| $660K | ﹤0.01% |
7,552
-657
| -8% | -$54.8K |
|
583
Broadstone Net Lease
BNL
$4.06B
| $656K | ﹤0.01% |
+35,858
| New | +$662K |
|
|
MCHB
584
Mechanics Bancorp
MCHB
$3.72B
| $650K | ﹤0.01% |
14,754
| – | – |
|
|
THS
585
DELISTED
Treehouse Foods
THS
| $649K | ﹤0.01% |
12,422
+5,300
| +74% | +$251K |
|
586
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.9B
| $642K | ﹤0.01% |
9,393
-1,836
| -16% | -$121K |
|
587
Wabtec
WAB
$49.9B
| $641K | ﹤0.01% |
8,100
+149
| +2% | +$11.6K |
|
588
Cencora
COR
$62B
| $629K | ﹤0.01% |
5,327
-1,175
| -18% | -$127K |
|
589
Duke Energy
DUK
$96.6B
| $621K | ﹤0.01% |
6,435
-928
| -13% | -$84.7K |
|
590
iShares MSCI EAFE ETF
EFA
$79.4B
| $618K | ﹤0.01% |
8,151
-1,262
| -13% | -$95K |
|
591
Casella Waste Systems
CWST
$5.75B
| $611K | ﹤0.01% |
9,609
-69
| -0.7% | -$4.17K |
|
592
Gilead Sciences
GILD
$162B
| $599K | ﹤0.01% |
9,263
-101
| -1% | -$6.51K |
|
593
Citigroup
C
$224B
| $598K | ﹤0.01% |
8,224
+598
| +8% | +$39.9K |
|
594
SEI Investments
SEIC
$12.6B
| $595K | ﹤0.01% |
9,773
-155
| -2% | -$9.08K |
|
595
SouthState Bank Corp
SSB
$10.5B
| $594K | ﹤0.01% |
7,567
+6
| +0.1% | +$482 |
|
596
iShares US Aerospace & Defense ETF
ITA
$14.6B
| $588K | ﹤0.01% |
5,645
-322
| -5% | -$31.4K |
|
597
Vanguard Tax-Exempt Bond Index Fund
VTEB
$45.2B
| $581K | ﹤0.01% |
10,632
-37,506
| -78% | -$2.06M |
|
598
Wells Fargo
WFC
$265B
| $581K | ﹤0.01% |
14,865
-20,018
| -57% | -$709K |
|
599
Amphenol
APH
$210B
| $571K | ﹤0.01% |
17,324
-968
| -5% | -$31.4K |
|
600
iShares S&P 500 Growth ETF
IVW
$77B
| $570K | ﹤0.01% |
8,761
+4,342
| +98% | +$281K |
|
Similar funds
Fisher Asset Management's Q1 2021 Portfolio in Review
As of Q1 2021, Fisher Asset Management held 1,105 positions worth $142B, up 6.4% from $133B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Fisher Asset Management's Q1 2021 filing shows 95 new, 327 increased, 470 reduced and 106 closed positions. Its largest new stake was iShares 7-10 Year Treasury Bond ETF: 8,801,434 shares worth $994M. The largest sale was iShares MBS ETF, an estimated $853M.
By sector, the portfolio is most concentrated in Technology at 26% of assets, down from 26% a quarter earlier, followed by Financials and Consumer Discretionary.
- Fisher Asset Management's largest Q1 2021 buy was iShares 7-10 Year Treasury Bond ETF: 8,801,434 shares worth $994M.
- Fisher Asset Management added most to State Street SPDR Portfolio Long Term Treasury ETF in Q1 2021, an estimated $692M increase.
- Fisher Asset Management's biggest Q1 2021 reduction was iShares MBS ETF, cutting an estimated $853M.
- Fisher Asset Management fully exited Mid-America Apartment Communities in Q1 2021, selling an estimated $38.3M.
- Fisher Asset Management's ten largest holdings make up 31% of its $142B portfolio in Q1 2021.
- Fisher Asset Management opened 95 new positions and closed 106 in Q1 2021.
- Fisher Asset Management's portfolio value rose 6.4% quarter-over-quarter to $142B.
Based on Fisher Asset Management's 13F filing for Q1 2021, filed 27 Apr 2021.