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 |
Johnson & Johnson
JNJ
|
+$907M |
| 2 |
Apple
AAPL
|
+$260M |
| 3 |
Microsoft
MSFT
|
+$223M |
| 4 |
Amazon
AMZN
|
+$173M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$160M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Eli Lilly
LLY
|
+$471M |
| 2 |
NVO
Novo Nordisk
NVO
|
+$177M |
| 3 |
AZPN
ASPEN TECHNOLOGY INC
AZPN
|
+$160M |
| 4 |
Petrobras
PBR
|
+$153M |
| 5 |
Adobe
ADBE
|
+$146M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 27.79% |
| 2 | Healthcare | 12.41% |
| 3 | Financials | 9.98% |
| 4 | Consumer Discretionary | 9.11% |
| 5 | Communication Services | 6.49% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
601
Schwab US Dividend Equity ETF
SCHD
$105B
| $712K | ﹤0.01% |
29,817
-4,290
| -13% | -$109K |
|
602
Bruker
BRKR
$7.87B
| $711K | ﹤0.01% |
11,329
+200
| +2% | +$12.3K |
|
603
Duke Energy
DUK
$95.9B
| $705K | ﹤0.01% |
6,577
-13,770
| -68% | -$1.51M |
|
604
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$16.6B
| $698K | ﹤0.01% |
9,481
-2,967
| -24% | -$231K |
|
605
Automatic Data Processing
ADP
$108B
| $678K | ﹤0.01% |
3,227
+1,069
| +50% | +$234K |
|
606
Ligand Pharmaceuticals
LGND
$6.06B
| $663K | ﹤0.01% |
11,912
-64
| -0.5% | -$3.63K |
|
607
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23B
| $659K | ﹤0.01% |
13,045
-856
| -6% | -$43.6K |
|
608
Vanguard Total International Bond ETF
BNDX
$82.3B
| $647K | ﹤0.01% |
13,052
-8,291
| -39% | -$418K |
|
609
Lennar Class B
LEN.B
$20.5B
| $642K | ﹤0.01% |
11,503
| – | – |
|
610
iShares Core S&P Small-Cap ETF
IJR
$113B
| $639K | ﹤0.01% |
6,916
+2,716
| +65% | +$270K |
|
611
M&T Bank
MTB
$36.7B
| $639K | ﹤0.01% |
+4,011
| New | +$674K |
|
612
iShares 5-10 Year Investment Grade Corporate Bond ETF
IGIB
$18.6B
| $634K | ﹤0.01% |
12,415
+1,189
| +11% | +$62K |
|
613
Casella Waste Systems
CWST
$5.73B
| $628K | ﹤0.01% |
8,643
-2,751
| -24% | -$209K |
|
614
Wells Fargo
WFC
$269B
| $628K | ﹤0.01% |
16,020
+2,039
| +15% | +$89.5K |
|
615
Truist Financial
TFC
$64.7B
| $626K | ﹤0.01% |
13,194
+5,383
| +69% | +$265K |
|
616
Aflac
AFL
$63.8B
| $624K | ﹤0.01% |
11,273
+7,609
| +208% | +$449K |
|
617
Labcorp
LH
$25.5B
| $620K | ﹤0.01% |
3,079
-70
| -2% | -$14.9K |
|
618
Fidelity MSCI Health Care Index ETF
FHLC
$3.33B
| $616K | ﹤0.01% |
10,146
+2,471
| +32% | +$153K |
|
619
iShares MSCI EAFE ETF
EFA
$79.6B
| $610K | ﹤0.01% |
9,766
-317
| -3% | -$21.6K |
|
620
Marathon Petroleum
MPC
$89.2B
| $605K | ﹤0.01% |
7,355
+412
| +6% | +$38.5K |
|
621
Open Text
OTEX
$6.31B
| $604K | ﹤0.01% |
15,955
-194
| -1% | -$7.68K |
|
622
Northrop Grumman
NOC
$78.6B
| $600K | ﹤0.01% |
1,254
-13
| -1% | -$5.97K |
|
623
Camden Property Trust
CPT
$11B
| $595K | ﹤0.01% |
4,427
+18
| +0.4% | +$2.67K |
|
624
Church & Dwight Co
CHD
$24.6B
| $583K | ﹤0.01% |
6,290
+70
| +1% | +$6.61K |
|
625
Organon & Co
OGN
$3.56B
| $581K | ﹤0.01% |
17,216
+231
| +1% | +$8.09K |
|
Similar funds
Fisher Asset Management's Q2 2022 Portfolio in Review
As of Q2 2022, Fisher Asset Management held 1,196 positions worth $141B, down 17% from $169B the previous quarter. Its ten largest holdings account for 30% of the portfolio.
Fisher Asset Management's Q2 2022 filing shows 110 new, 483 increased, 318 reduced and 131 closed positions. Its largest new stake was Woodside Energy: 6,156,348 shares worth $133M. The largest sale was Eli Lilly, an estimated $471M.
By sector, the portfolio is most concentrated in Technology at 28% of assets, down from 29% a quarter earlier, followed by Healthcare and Financials.
- Fisher Asset Management's largest Q2 2022 buy was Woodside Energy: 6,156,348 shares worth $133M.
- Fisher Asset Management added most to Johnson & Johnson in Q2 2022, an estimated $907M increase.
- Fisher Asset Management's biggest Q2 2022 reduction was Eli Lilly, cutting an estimated $471M.
- Fisher Asset Management fully exited ASPEN TECHNOLOGY INC in Q2 2022, selling an estimated $160M.
- Fisher Asset Management's ten largest holdings make up 30% of its $141B portfolio in Q2 2022.
- Fisher Asset Management opened 110 new positions and closed 131 in Q2 2022.
- Fisher Asset Management's portfolio value fell 17% quarter-over-quarter to $141B.
Based on Fisher Asset Management's 13F filing for Q2 2022, filed 9 Aug 2022.