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 |
Citigroup
C
|
+$1.16B |
| 2 |
State Street SPDR Portfolio Short Term Treasury ETF
SPTS
|
+$973M |
| 3 |
Boeing
BA
|
+$825M |
| 4 |
Booking.com
BKNG
|
+$807M |
| 5 |
Las Vegas Sands
LVS
|
+$507M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.2B |
| 2 |
Microsoft
MSFT
|
+$1.06B |
| 3 |
Amazon
AMZN
|
+$1.01B |
| 4 |
Netflix
NFLX
|
+$835M |
| 5 |
Meta Platforms (Facebook)
META
|
+$745M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.64% |
| 2 | Financials | 11.65% |
| 3 | Consumer Discretionary | 9.35% |
| 4 | Healthcare | 9.23% |
| 5 | Industrials | 8.15% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
576
iShares Core S&P 500 ETF
IVV
$902B
| $2.72M | ﹤0.01% |
6,618
+2,234
| +51% | +$896K |
|
577
W&T Offshore
WTI
$518M
| $2.72M | ﹤0.01% |
535,034
-30,812
| -5% | -$172K |
|
578
iShares MSCI Germany ETF
EWG
$1.62B
| $2.71M | ﹤0.01% |
95,065
-2,047
| -2% | -$56.4K |
|
579
State Street Energy Select Sector SPDR ETF
XLE
$37.7B
| $2.69M | ﹤0.01% |
65,002
-3,752
| -5% | -$160K |
|
580
WEX
WEX
$6.31B
| $2.68M | ﹤0.01% |
14,586
+54
| +0.4% | +$9.84K |
|
581
State Street Health Care Select Sector SPDR ETF
XLV
$42.7B
| $2.66M | ﹤0.01% |
20,514
-848,668
| -98% | -$111M |
|
582
PTC
PTC
$16B
| $2.64M | ﹤0.01% |
20,550
+116
| +0.6% | +$14.8K |
|
583
iShares Broad USD Investment Grade Corporate Bond ETF
USIG
$17.3B
| $2.59M | ﹤0.01% |
51,215
-44,656
| -47% | -$2.24M |
|
584
Vanguard Morningstar Total Stock Market ETF
VTI
$684B
| $2.58M | ﹤0.01% |
12,625
+2,380
| +23% | +$476K |
|
585
Estee Lauder
EL
$32B
| $2.57M | ﹤0.01% |
10,407
-165
| -2% | -$41.9K |
|
586
OraSure Technologies
OSUR
$279M
| $2.56M | ﹤0.01% |
423,133
-63,100
| -13% | -$356K |
|
587
Quanex
NX
$1.01B
| $2.46M | ﹤0.01% |
114,082
-14,555
| -11% | -$349K |
|
588
Advanced Drainage Systems
WMS
$11B
| $2.37M | ﹤0.01% |
28,137
-160
| -0.6% | -$14.1K |
|
|
DAY
589
DELISTED
Dayforce
DAY
| $2.37M | ﹤0.01% |
32,321
+270
| +0.8% | +$19.2K |
|
590
IBM
IBM
$224B
| $2.34M | ﹤0.01% |
17,864
-5,641
| -24% | -$755K |
|
|
ESTE
591
DELISTED
Earthstone Energy Inc. Class A Common Stock
ESTE
| $2.3M | ﹤0.01% |
177,053
-44,171
| -20% | -$593K |
|
|
INVX
592
Innovex International
INVX
$1.97B
| $2.29M | ﹤0.01% |
79,882
-1,045
| -1% | -$31K |
|
593
Sherwin-Williams
SHW
$89.8B
| $2.25M | ﹤0.01% |
10,009
-8,049
| -45% | -$1.84M |
|
594
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.9B
| $2.22M | ﹤0.01% |
29,675
+465
| +2% | +$34K |
|
595
Cerence
CRNC
$413M
| $2.21M | ﹤0.01% |
78,671
+41,384
| +111% | +$1.06M |
|
596
PetMed Express
PETS
$42.3M
| $2.19M | ﹤0.01% |
134,700
-13,354
| -9% | -$251K |
|
597
Enterprise Financial Services Corp
EFSC
$2.39B
| $2.17M | ﹤0.01% |
48,743
+6,396
| +15% | +$327K |
|
598
Viatris
VTRS
$19.1B
| $2.12M | ﹤0.01% |
220,659
-5,189
| -2% | -$57.5K |
|
599
S&P Global
SPGI
$120B
| $2.11M | ﹤0.01% |
6,117
+2,944
| +93% | +$1.04M |
|
600
iShares ESG Aware MSCI EAFE ETF
ESGD
$12.3B
| $2.1M | ﹤0.01% |
29,282
+2,941
| +11% | +$206K |
|
Similar funds
Fisher Asset Management's Q1 2023 Portfolio in Review
As of Q1 2023, Fisher Asset Management held 1,208 positions worth $165B, up 11% from $148B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Fisher Asset Management's Q1 2023 filing shows 183 new, 335 increased, 567 reduced and 73 closed positions. Its largest new stake was State Street SPDR Portfolio Short Term Treasury ETF: 33,536,153 shares worth $980M. The largest sale was Apple, an estimated $1.2B.
By sector, the portfolio is most concentrated in Technology at 27% of assets, up from 25% a quarter earlier, followed by Financials and Consumer Discretionary.
- Fisher Asset Management's largest Q1 2023 buy was State Street SPDR Portfolio Short Term Treasury ETF: 33,536,153 shares worth $980M.
- Fisher Asset Management added most to Citigroup in Q1 2023, an estimated $1.16B increase.
- Fisher Asset Management's biggest Q1 2023 reduction was Apple, cutting an estimated $1.2B.
- Fisher Asset Management fully exited SVB Financial Group in Q1 2023, selling an estimated $114M.
- Fisher Asset Management's ten largest holdings make up 26% of its $165B portfolio in Q1 2023.
- Fisher Asset Management opened 183 new positions and closed 73 in Q1 2023.
- Fisher Asset Management's portfolio value rose 11% quarter-over-quarter to $165B.
Based on Fisher Asset Management's 13F filing for Q1 2023, filed 1 May 2023.