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 |
Shell
SHEL
|
+$1.04B |
| 2 |
State Street SPDR Portfolio Long Term Treasury ETF
SPTL
|
+$896M |
| 3 |
BHP
BHP
|
+$620M |
| 4 |
Amazon
AMZN
|
+$608M |
| 5 |
NVIDIA
NVDA
|
+$555M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
RDS.A
Royal Dutch Shell PLC ADS Class A
RDS.A
|
+$813M |
| 2 |
Walt Disney
DIS
|
+$667M |
| 3 |
Intel
INTC
|
+$658M |
| 4 |
UnitedHealth
UNH
|
+$649M |
| 5 |
Cisco
CSCO
|
+$646M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 29.43% |
| 2 | Healthcare | 10.84% |
| 3 | Financials | 9.96% |
| 4 | Consumer Discretionary | 9.46% |
| 5 | Communication Services | 7.22% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
601
Expedia Group
EXPE
$37.5B
| $700K | ﹤0.01% |
3,580
-83
| -2% | -$15.5K |
|
|
EGRX
602
DELISTED
Eagle Pharmaceuticals, Inc.
EGRX
| $696K | ﹤0.01% |
14,064
+4,507
| +47% | +$216K |
|
603
iShares Self-Driving EV and Tech ETF
IDRV
$137M
| $690K | ﹤0.01% |
14,871
+161
| +1% | +$7.83K |
|
|
BZUN
604
Baozun
BZUN
$170M
| $689K | ﹤0.01% |
80,302
+100
| +0.1% | +$1.1K |
|
605
Open Text
OTEX
$5.86B
| $685K | ﹤0.01% |
16,149
+49
| +0.3% | +$2.18K |
|
606
Phillips 66
PSX
$80.2B
| $682K | ﹤0.01% |
7,891
+2,045
| +35% | +$172K |
|
607
Wells Fargo
WFC
$261B
| $678K | ﹤0.01% |
13,981
-3,910
| -22% | -$209K |
|
608
Vanguard Morningstar Value ETF
VTV
$191B
| $667K | ﹤0.01% |
4,513
-654
| -13% | -$95.4K |
|
609
Eagle Bancorp
EGBN
$845M
| $655K | ﹤0.01% |
11,493
| – | – |
|
610
Live Nation Entertainment
LYV
$42.6B
| $653K | ﹤0.01% |
5,547
+51
| +0.9% | +$5.82K |
|
611
Coinbase
COIN
$39.6B
| $652K | ﹤0.01% |
+3,434
| New | +$671K |
|
612
Wabtec
WAB
$49.8B
| $651K | ﹤0.01% |
6,765
-40
| -0.6% | -$3.71K |
|
613
Mondelez International
MDLZ
$79.8B
| $646K | ﹤0.01% |
10,292
-669
| -6% | -$43.5K |
|
614
Renasant Corp
RNST
$3.94B
| $643K | ﹤0.01% |
19,215
+5,793
| +43% | +$212K |
|
615
Brookfield
BN
$109B
| $639K | ﹤0.01% |
20,945
+2,377
| +13% | +$71.1K |
|
616
Accenture
ACN
$105B
| $637K | ﹤0.01% |
1,888
-989
| -34% | -$334K |
|
|
ONC
617
BeOne Medicines Ltd
ONC
$38.2B
| $631K | ﹤0.01% |
3,347
-55
| -2% | -$11.7K |
|
618
Pricesmart
PSMT
$5.37B
| $624K | ﹤0.01% |
7,918
| – | – |
|
619
Church & Dwight Co
CHD
$24.5B
| $618K | ﹤0.01% |
6,220
-1,407
| -18% | -$140K |
|
620
iShares 5-10 Year Investment Grade Corporate Bond ETF
IGIB
$18.6B
| $616K | ﹤0.01% |
11,226
-1,801
| -14% | -$102K |
|
621
iShares Russell 2000 ETF
IWM
$82.8B
| $608K | ﹤0.01% |
2,959
-364
| -11% | -$74.3K |
|
622
iShares MSCI Taiwan ETF
EWT
$10.7B
| $602K | ﹤0.01% |
9,802
-2,704
| -22% | -$173K |
|
623
iShares US Telecommunications ETF
IYZ
$1.26B
| $602K | ﹤0.01% |
+20,133
| New | +$615K |
|
624
Marathon Petroleum
MPC
$81.6B
| $594K | ﹤0.01% |
6,943
-2,266
| -25% | -$172K |
|
625
Organon & Co
OGN
$3.56B
| $593K | ﹤0.01% |
16,985
-3,583
| -17% | -$123K |
|
Similar funds
Fisher Asset Management's Q1 2022 Portfolio in Review
As of Q1 2022, Fisher Asset Management held 1,181 positions worth $169B, down 5.1% from $179B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Fisher Asset Management deployed $5.41B of net new capital in Q1 2022, opening 114 new positions and adding to 450 existing holdings. Its largest new stake was Shell: 19,596,216 shares worth $1.08B.
By sector, the portfolio is most concentrated in Technology at 29% of assets, down from 30% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was Walt Disney, an estimated $667M trimmed.
- Fisher Asset Management's largest Q1 2022 buy was Shell: 19,596,216 shares worth $1.08B.
- Fisher Asset Management added most to State Street SPDR Portfolio Long Term Treasury ETF in Q1 2022, an estimated $896M increase.
- Fisher Asset Management's biggest Q1 2022 reduction was Walt Disney, cutting an estimated $667M.
- Fisher Asset Management fully exited Royal Dutch Shell PLC ADS Class A in Q1 2022, selling an estimated $813M.
- Fisher Asset Management's ten largest holdings make up 31% of its $169B portfolio in Q1 2022.
- Fisher Asset Management opened 114 new positions and closed 95 in Q1 2022.
- Fisher Asset Management's portfolio value fell 5.1% quarter-over-quarter to $169B.
Based on Fisher Asset Management's 13F filing for Q1 2022, filed 5 May 2022.