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 | |
|---|---|---|---|---|---|---|
576
Ross Stores
ROST
$81.2B
| $2.63M | ﹤0.01% |
23,488
-3,094
| -12% | -$325K |
|
577
State Street Energy Select Sector SPDR ETF
XLE
$37.6B
| $2.63M | ﹤0.01% |
64,764
-238
| -0.4% | -$9.69K |
|
578
General Dynamics
GD
$104B
| $2.62M | ﹤0.01% |
12,157
+67
| +0.6% | +$14.5K |
|
579
Lockheed Martin
LMT
$133B
| $2.6M | ﹤0.01% |
5,656
+2,769
| +96% | +$1.29M |
|
580
Ligand Pharmaceuticals
LGND
$6.06B
| $2.58M | ﹤0.01% |
35,825
-4,075
| -10% | -$306K |
|
581
Installed Building Products
IBP
$6.51B
| $2.58M | ﹤0.01% |
18,414
-6,169
| -25% | -$726K |
|
582
Hyster-Yale Materials Handling
HY
$725M
| $2.56M | ﹤0.01% |
45,888
-24,170
| -34% | -$1.24M |
|
583
S&P Global
SPGI
$121B
| $2.54M | ﹤0.01% |
6,334
+217
| +4% | +$79.3K |
|
584
Manitowoc
MTW
$512M
| $2.5M | ﹤0.01% |
132,602
-50,423
| -28% | -$814K |
|
|
NSTG
585
DELISTED
NanoString Technologies, Inc.
NSTG
| $2.47M | ﹤0.01% |
610,615
-54,381
| -8% | -$402K |
|
586
Coca-Cola
KO
$374B
| $2.47M | ﹤0.01% |
41,015
+7,671
| +23% | +$477K |
|
587
Box
BOX
$4.43B
| $2.44M | ﹤0.01% |
83,192
+15,184
| +22% | +$420K |
|
588
State Street SPDR Portfolio Intermediate Term Corporate Bond ETF
SPIB
$11.5B
| $2.43M | ﹤0.01% |
75,687
-11,543
| -13% | -$373K |
|
|
ESTE
589
DELISTED
Earthstone Energy Inc. Class A Common Stock
ESTE
| $2.38M | ﹤0.01% |
166,655
-10,398
| -6% | -$139K |
|
590
iShares ESG Aware MSCI EAFE ETF
ESGD
$12.2B
| $2.36M | ﹤0.01% |
32,337
+3,055
| +10% | +$223K |
|
591
Barclays
BCS
$96B
| $2.33M | ﹤0.01% |
295,827
+8,813
| +3% | +$68.2K |
|
592
State Street Health Care Select Sector SPDR ETF
XLV
$42.3B
| $2.32M | ﹤0.01% |
17,485
-3,029
| -15% | -$399K |
|
593
lululemon athletica
LULU
$14B
| $2.25M | ﹤0.01% |
5,935
+610
| +11% | +$225K |
|
594
Altria Group
MO
$114B
| $2.24M | ﹤0.01% |
49,340
+11,716
| +31% | +$531K |
|
595
Viatris
VTRS
$20.6B
| $2.23M | ﹤0.01% |
223,325
+2,666
| +1% | +$25.5K |
|
596
iShares Russell 1000 Growth ETF
IWF
$127B
| $2.21M | ﹤0.01% |
32,192
+7,932
| +33% | +$504K |
|
597
Resources Connection
RGP
$153M
| $2.2M | ﹤0.01% |
139,847
-22,398
| -14% | -$348K |
|
598
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.9B
| $2.19M | ﹤0.01% |
29,514
-161
| -0.5% | -$12.1K |
|
|
DAY
599
DELISTED
Dayforce
DAY
| $2.15M | ﹤0.01% |
32,173
-148
| -0.5% | -$9.52K |
|
600
Virtus Investment Partners
VRTS
$1.08B
| $2.15M | ﹤0.01% |
10,885
+343
| +3% | +$64.8K |
|
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.