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
|
+$715M |
| 2 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$350M |
| 3 |
NVIDIA
NVDA
|
+$223M |
| 4 |
Emerson Electric
EMR
|
+$173M |
| 5 |
Apple
AAPL
|
+$159M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Wynn Resorts
WYNN
|
+$155M |
| 2 |
Blackrock
BLK
|
+$134M |
| 3 |
Expedia Group
EXPE
|
+$131M |
| 4 |
Haleon
HLN
|
+$130M |
| 5 |
Intuit
INTU
|
+$118M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 30.36% |
| 2 | Financials | 13.4% |
| 3 | Consumer Discretionary | 9.1% |
| 4 | Healthcare | 9.06% |
| 5 | Industrials | 7.84% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
576
Wells Fargo
WFC
$265B
| $2.09M | ﹤0.01% |
29,789
+4,956
| +20% | +$338K |
|
577
Valero Energy
VLO
$87.2B
| $2.07M | ﹤0.01% |
16,877
+22
| +0.1% | +$2.94K |
|
|
VTLE
578
DELISTED
Vital Energy
VTLE
| $2.03M | ﹤0.01% |
65,792
| – | – |
|
579
German American Bancorp
GABC
$1.91B
| $2.02M | ﹤0.01% |
50,111
-2,670
| -5% | -$113K |
|
|
RDUS
580
DELISTED
Radius Recycling
RDUS
| $2M | ﹤0.01% |
131,611
-70
| -0.1% | -$1.26K |
|
581
Incyte
INCY
$24B
| $2M | ﹤0.01% |
28,923
+17,401
| +151% | +$1.24M |
|
582
Vanguard Industrials ETF
VIS
$8.36B
| $2M | ﹤0.01% |
7,852
+610
| +8% | +$162K |
|
583
Marriott International
MAR
$93.8B
| $1.98M | ﹤0.01% |
7,094
+2
| +0% | +$549 |
|
584
Oppenheimer Holdings
OPY
$1.22B
| $1.97M | ﹤0.01% |
30,709
| – | – |
|
585
Old Second Bancorp
OSBC
$1.31B
| $1.92M | ﹤0.01% |
108,023
| – | – |
|
|
RYZ
586
Ryerson Holding Corp
RYZ
$1.4B
| $1.91M | ﹤0.01% |
103,067
| – | – |
|
587
Build-A-Bear
BBW
$435M
| $1.89M | ﹤0.01% |
41,152
| – | – |
|
588
CNB Financial Corp
CCNE
$1.04B
| $1.87M | ﹤0.01% |
75,175
| – | – |
|
589
iShares US Aerospace & Defense ETF
ITA
$14.6B
| $1.87M | ﹤0.01% |
12,838
-1,633
| -11% | -$246K |
|
|
NPKI
590
NPK International
NPKI
$1.15B
| $1.84M | ﹤0.01% |
239,286
| – | – |
|
591
Veralto
VLTO
$23.9B
| $1.83M | ﹤0.01% |
17,923
-754,144
| -98% | -$80.4M |
|
592
Gorman-Rupp
GRC
$2.23B
| $1.82M | ﹤0.01% |
48,086
| – | – |
|
|
CPRX
593
DELISTED
Catalyst Pharmaceutical
CPRX
| $1.81M | ﹤0.01% |
86,847
+50
| +0.1% | +$1.07K |
|
|
FBMS
594
DELISTED
The First Bancshares, Inc.
FBMS
| $1.81M | ﹤0.01% |
51,703
| – | – |
|
595
iShares MSCI Taiwan ETF
EWT
$10.6B
| $1.81M | ﹤0.01% |
34,941
-3,417
| -9% | -$186K |
|
596
NextEra Energy
NEE
$176B
| $1.8M | ﹤0.01% |
25,100
-652
| -3% | -$50.6K |
|
|
FARO
597
DELISTED
Faro Technologies
FARO
| $1.79M | ﹤0.01% |
70,566
| – | – |
|
598
Philip Morris
PM
$293B
| $1.78M | ﹤0.01% |
14,802
+3,829
| +35% | +$483K |
|
599
Estee Lauder
EL
$30.9B
| $1.75M | ﹤0.01% |
23,389
+4,141
| +22% | +$327K |
|
600
Accenture
ACN
$105B
| $1.74M | ﹤0.01% |
4,955
+2,224
| +81% | +$801K |
|
Similar funds
Fisher Asset Management's Q4 2024 Portfolio in Review
As of Q4 2024, Fisher Asset Management held 1,024 positions worth $251B, up 3% from $244B the previous quarter. Its ten largest holdings account for 35% of the portfolio.
Fisher Asset Management's Q4 2024 filing shows 105 new, 508 increased, 309 reduced and 49 closed positions. Its largest new stake was Mercury Systems: 395,265 shares worth $16.6M. The largest sale was Wynn Resorts, an estimated $155M.
By sector, the portfolio is most concentrated in Technology at 30% of assets, up from 30% a quarter earlier, followed by Financials and Consumer Discretionary.
- Fisher Asset Management's largest Q4 2024 buy was Mercury Systems: 395,265 shares worth $16.6M.
- Fisher Asset Management added most to iShares 7-10 Year Treasury Bond ETF in Q4 2024, an estimated $715M increase.
- Fisher Asset Management's biggest Q4 2024 reduction was Wynn Resorts, cutting an estimated $155M.
- Fisher Asset Management fully exited Marathon Oil Corporation in Q4 2024, selling an estimated $76.8M.
- Fisher Asset Management's ten largest holdings make up 35% of its $251B portfolio in Q4 2024.
- Fisher Asset Management opened 105 new positions and closed 49 in Q4 2024.
- Fisher Asset Management's portfolio value rose 3% quarter-over-quarter to $251B.
Based on Fisher Asset Management's 13F filing for Q4 2024, filed 5 Feb 2025.