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 |
Mastercard
MA
|
+$915M |
| 2 |
Meta Platforms (Facebook)
META
|
+$693M |
| 3 |
Salesforce
CRM
|
+$618M |
| 4 |
Walt Disney
DIS
|
+$559M |
| 5 |
Nike
NKE
|
+$545M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Johnson & Johnson
JNJ
|
+$1.51B |
| 2 |
Pfizer
PFE
|
+$1.43B |
| 3 |
UBS Group
UBS
|
+$588M |
| 4 |
HSBC
HSBC
|
+$537M |
| 5 |
Procter & Gamble
PG
|
+$439M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 24.07% |
| 2 | Consumer Discretionary | 10.99% |
| 3 | Financials | 10.93% |
| 4 | Healthcare | 10.39% |
| 5 | Communication Services | 6.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
601
W.P. Carey
WPC
$16.4B
| $310K | ﹤0.01% |
5,444
-614
| -10% | -$46.6K |
|
602
Vanguard Morningstar Value ETF
VTV
$191B
| $308K | ﹤0.01% |
3,454
-2,275
| -40% | -$250K |
|
603
Northrop Grumman
NOC
$81.2B
| $305K | ﹤0.01% |
1,009
-1,392
| -58% | -$484K |
|
|
SPPI
604
DELISTED
Spectrum Pharmaceuticals Inc
SPPI
| $305K | ﹤0.01% |
131,004
| – | – |
|
605
Brookfield
BN
$108B
| $301K | ﹤0.01% |
19,033
+2,256
| +13% | +$46.4K |
|
|
CLVS
606
DELISTED
Clovis Oncology, Inc.
CLVS
| $298K | ﹤0.01% |
46,811
-34,278
| -42% | -$275K |
|
607
Allstate
ALL
$67.5B
| $290K | ﹤0.01% |
3,162
+763
| +32% | +$83K |
|
|
FFEU
608
DELISTED
Barclays ETN+ FI Enhanced Europe 50 ETN Series C
FFEU
| $288K | ﹤0.01% |
5,093
-6,671
| -57% | -$604K |
|
609
Astronics
ATRO
$3.84B
| $272K | ﹤0.01% |
35,494
-9,097
| -20% | -$164K |
|
610
Charter Communications
CHTR
$18.2B
| $265K | ﹤0.01% |
+608
| New | +$297K |
|
611
Vanguard High Dividend Yield ETF
VYM
$82.8B
| $264K | ﹤0.01% |
3,731
-1,380
| -27% | -$119K |
|
|
NSA
612
DELISTED
National Storage Affiliates Trust
NSA
| $263K | ﹤0.01% |
8,878
-211
| -2% | -$7K |
|
|
SCHV
613
Schwab US Large-Cap Value ETF
SCHV
$16.1B
| $261K | ﹤0.01% |
+17,664
| New | +$324K |
|
614
iShares S&P 500 Value ETF
IVE
$49.8B
| $260K | ﹤0.01% |
+2,705
| New | +$322K |
|
615
Acadia Healthcare
ACHC
$2.94B
| $251K | ﹤0.01% |
13,699
-1,181
| -8% | -$33.8K |
|
|
INN
616
Summit Hotel Properties
INN
$700M
| $251K | ﹤0.01% |
59,541
| – | – |
|
617
Fidelity MSCI Information Technology Index ETF
FTEC
$21.3B
| $250K | ﹤0.01% |
3,980
-168
| -4% | -$12.1K |
|
|
MRSH
618
Marsh
MRSH
$91.5B
| $246K | ﹤0.01% |
2,843
+54
| +2% | +$5.76K |
|
619
iShares S&P 500 Growth ETF
IVW
$77.6B
| $245K | ﹤0.01% |
+5,932
| New | +$281K |
|
620
Marathon Petroleum
MPC
$83.7B
| $245K | ﹤0.01% |
10,383
-3,229
| -24% | -$149K |
|
621
Target
TGT
$68B
| $243K | ﹤0.01% |
2,613
-983
| -27% | -$109K |
|
622
Evergy
EVRG
$19.2B
| $242K | ﹤0.01% |
+4,392
| New | +$289K |
|
623
iShares Global Materials ETF
MXI
$362M
| $241K | ﹤0.01% |
+4,858
| New | +$291K |
|
|
POWR
624
iShares U.S. Power Infrastructure ETF
POWR
$458M
| $239K | ﹤0.01% |
+22,894
| New | +$352K |
|
625
S&P Global
SPGI
$120B
| $239K | ﹤0.01% |
976
-128
| -12% | -$35.1K |
|
Similar funds
Fisher Asset Management's Q1 2020 Portfolio in Review
As of Q1 2020, Fisher Asset Management held 982 positions worth $80.6B, down 19% from $99B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Fisher Asset Management's Q1 2020 filing shows 84 new, 262 increased, 421 reduced and 116 closed positions. Its largest new stake was Advanced Micro Devices: 7,132,669 shares worth $324M. The largest sale was Johnson & Johnson, an estimated $1.51B.
By sector, the portfolio is most concentrated in Technology at 24% of assets, up from 21% a quarter earlier, followed by Consumer Discretionary and Financials.
- Fisher Asset Management's largest Q1 2020 buy was Advanced Micro Devices: 7,132,669 shares worth $324M.
- Fisher Asset Management added most to Mastercard in Q1 2020, an estimated $915M increase.
- Fisher Asset Management's biggest Q1 2020 reduction was Johnson & Johnson, cutting an estimated $1.51B.
- Fisher Asset Management fully exited Ambev in Q1 2020, selling an estimated $89.9M.
- Fisher Asset Management's ten largest holdings make up 31% of its $80.6B portfolio in Q1 2020.
- Fisher Asset Management opened 84 new positions and closed 116 in Q1 2020.
- Fisher Asset Management's portfolio value fell 19% quarter-over-quarter to $80.6B.
Based on Fisher Asset Management's 13F filing for Q1 2020, filed 28 Apr 2020.