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 |
Adobe
ADBE
|
+$312M |
| 2 |
Salesforce
CRM
|
+$299M |
| 3 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$263M |
| 4 |
Netflix
NFLX
|
+$250M |
| 5 |
ConocoPhillips
COP
|
+$246M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PepsiCo
PEP
|
+$755M |
| 2 |
Procter & Gamble
PG
|
+$520M |
| 3 |
UN
Unilever NV New York Registry Shares
UN
|
+$179M |
| 4 |
Televisa
TV
|
+$119M |
| 5 |
Vanguard Industrials ETF
VIS
|
+$81M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.39% |
| 2 | Financials | 12.97% |
| 3 | Healthcare | 11.55% |
| 4 | Consumer Discretionary | 8.66% |
| 5 | Energy | 7.16% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
601
Becton Dickinson
BDX
$46.9B
| $414K | ﹤0.01% |
1,698
-426
| -20% | -$101K |
|
602
Schwab US Large- Cap ETF
SCHX
$72.9B
| $413K | ﹤0.01% |
+36,672
| New | +$397K |
|
603
iShares Core MSCI EAFE ETF
IEFA
$191B
| $411K | ﹤0.01% |
6,768
-11,282
| -63% | -$666K |
|
604
Vanguard Morningstar Growth ETF
VUG
$225B
| $405K | ﹤0.01% |
15,528
+3,966
| +34% | +$97.9K |
|
605
Boston Scientific
BSX
$70.2B
| $387K | ﹤0.01% |
10,087
-276
| -3% | -$10.5K |
|
|
DVAX
606
DELISTED
Dynavax Technologies
DVAX
| $387K | ﹤0.01% |
52,955
| – | – |
|
607
iShares Core S&P Small-Cap ETF
IJR
$111B
| $387K | ﹤0.01% |
5,017
-3
| -0.1% | -$230 |
|
608
Jack Henry & Associates
JKHY
$11.1B
| $387K | ﹤0.01% |
+2,787
| New | +$369K |
|
|
BAY
609
DELISTED
BAYER AG SPONS ADR
BAY
| $386K | ﹤0.01% |
23,863
-31,614
| -57% | -$511K |
|
610
Hope Bancorp
HOPE
$1.81B
| $384K | ﹤0.01% |
29,345
-1,791
| -6% | -$25K |
|
611
iShares Core MSCI Emerging Markets ETF
IEMG
$152B
| $379K | ﹤0.01% |
7,322
+71
| +1% | +$3.6K |
|
612
Broadcom
AVGO
$1.87T
| $374K | ﹤0.01% |
12,430
+110
| +0.9% | +$2.98K |
|
613
Galicia Financial Group
GGAL
$8.11B
| $372K | ﹤0.01% |
14,577
-608
| -4% | -$19K |
|
614
Genuine Parts
GPC
$17.7B
| $372K | ﹤0.01% |
3,322
-123
| -4% | -$12.7K |
|
|
IMGN
615
DELISTED
Immunogen Inc
IMGN
| $371K | ﹤0.01% |
137,071
-1,146
| -0.8% | -$4.96K |
|
616
Hanmi Financial
HAFC
$949M
| $369K | ﹤0.01% |
17,361
+19
| +0.1% | +$413 |
|
617
Fluor
FLR
$7.01B
| $363K | ﹤0.01% |
9,865
-1,117
| -10% | -$40.8K |
|
618
Resideo Technologies
REZI
$5.49B
| $362K | ﹤0.01% |
18,757
+31
| +0.2% | +$687 |
|
619
PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund
CORP
$1.57B
| $360K | ﹤0.01% |
3,468
| – | – |
|
|
WBK
620
DELISTED
Westpac Banking Corporation
WBK
| $360K | ﹤0.01% |
19,465
+2,023
| +12% | +$37.7K |
|
621
Accenture
ACN
$101B
| $357K | ﹤0.01% |
2,030
-1,447
| -42% | -$227K |
|
622
iShares Russell 2000 ETF
IWM
$81.5B
| $357K | ﹤0.01% |
2,335
-908
| -28% | -$136K |
|
623
State Street SPDR Bloomberg Short Term High Yield Bond ETF
SJNK
$4.74B
| $356K | ﹤0.01% |
13,053
-1,034
| -7% | -$27.9K |
|
|
DNKN
624
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $347K | ﹤0.01% |
4,616
-699
| -13% | -$48.9K |
|
|
WBA
625
DELISTED
Walgreens Boots Alliance
WBA
| $334K | ﹤0.01% |
5,280
+1,800
| +52% | +$123K |
|
Similar funds
Fisher Asset Management's Q1 2019 Portfolio in Review
As of Q1 2019, Fisher Asset Management held 944 positions worth $85.3B, up 17% from $73.2B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Fisher Asset Management's Q1 2019 filing shows 78 new, 319 increased, 366 reduced and 82 closed positions. Its largest new stake was Hess: 2,044,909 shares worth $123M. The largest sale was PepsiCo, an estimated $755M.
By sector, the portfolio is most concentrated in Technology at 18% of assets, up from 17% a quarter earlier, followed by Financials and Healthcare.
- Fisher Asset Management's largest Q1 2019 buy was Hess: 2,044,909 shares worth $123M.
- Fisher Asset Management added most to Adobe in Q1 2019, an estimated $312M increase.
- Fisher Asset Management's biggest Q1 2019 reduction was PepsiCo, cutting an estimated $755M.
- Fisher Asset Management fully exited Televisa in Q1 2019, selling an estimated $119M.
- Fisher Asset Management's ten largest holdings make up 26% of its $85.3B portfolio in Q1 2019.
- Fisher Asset Management opened 78 new positions and closed 82 in Q1 2019.
- Fisher Asset Management's portfolio value rose 17% quarter-over-quarter to $85.3B.
Based on Fisher Asset Management's 13F filing for Q1 2019, filed 22 Apr 2019.