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 | |
|---|---|---|---|---|---|---|
626
Vanguard Tax-Exempt Bond Index Fund
VTEB
$45.2B
| $591K | ﹤0.01% |
11,470
-2,071
| -15% | -$110K |
|
|
INN
627
Summit Hotel Properties
INN
$720M
| $587K | ﹤0.01% |
58,955
+23,180
| +65% | +$228K |
|
|
ACC
628
DELISTED
American Campus Communities, Inc.
ACC
| $585K | ﹤0.01% |
10,456
-70
| -0.7% | -$3.75K |
|
629
Blackstone
BX
$107B
| $580K | ﹤0.01% |
4,566
-1,710
| -27% | -$209K |
|
630
SEI Investments
SEIC
$12.6B
| $580K | ﹤0.01% |
9,633
+241
| +3% | +$14.3K |
|
631
iShares Broad USD Investment Grade Corporate Bond ETF
USIG
$17.3B
| $578K | ﹤0.01% |
10,500
-555
| -5% | -$31.5K |
|
632
HP
HPQ
$25.8B
| $576K | ﹤0.01% |
15,858
+1,526
| +11% | +$56.4K |
|
|
NSA
633
DELISTED
National Storage Affiliates Trust
NSA
| $569K | ﹤0.01% |
9,067
+104
| +1% | +$6.4K |
|
634
STMicroelectronics
STM
$47.5B
| $569K | ﹤0.01% |
13,160
+524
| +4% | +$23.2K |
|
635
Northrop Grumman
NOC
$80.7B
| $567K | ﹤0.01% |
1,267
+72
| +6% | +$29.7K |
|
636
Vanguard Mortgage-Backed Securities ETF
VMBS
$15.4B
| $554K | ﹤0.01% |
11,064
-7,301
| -40% | -$375K |
|
637
Emerson Electric
EMR
$87.5B
| $545K | ﹤0.01% |
5,560
-80
| -1% | -$7.57K |
|
638
Schwab U.S Small- Cap ETF
SCHA
$22.8B
| $545K | ﹤0.01% |
23,030
+8,222
| +56% | +$194K |
|
639
Novavax
NVAX
$1.27B
| $542K | ﹤0.01% |
7,353
+5
| +0.1% | +$446 |
|
640
Vanguard Real Estate ETF
VNQ
$38.8B
| $539K | ﹤0.01% |
4,974
-9,460
| -66% | -$1M |
|
641
Palo Alto Networks
PANW
$293B
| $529K | ﹤0.01% |
5,094
+84
| +2% | +$7.52K |
|
642
Kroger
KR
$35.1B
| $526K | ﹤0.01% |
9,170
-48,976
| -84% | -$2.43M |
|
643
ProShares S&P 500 Dividend Aristocrats ETF
NOBL
$11.9B
| $525K | ﹤0.01% |
+11,062
| New | +$519K |
|
644
NetApp
NTAP
$37.6B
| $517K | ﹤0.01% |
6,234
-163
| -3% | -$14.2K |
|
|
FIHD
645
DELISTED
UBS AG FI Enhanced Global High Yield ETN
FIHD
| $507K | ﹤0.01% |
2,071
-435
| -17% | -$104K |
|
646
Fidelity MSCI Health Care Index ETF
FHLC
$3.33B
| $504K | ﹤0.01% |
7,675
-904
| -11% | -$57.5K |
|
647
Barings BDC
BBDC
$963M
| $502K | ﹤0.01% |
+48,525
| New | +$520K |
|
648
Pacific Biosciences
PACB
$363M
| $499K | ﹤0.01% |
54,882
-10
| -0% | -$115 |
|
649
Dow Inc
DOW
$21.9B
| $497K | ﹤0.01% |
7,802
-841
| -10% | -$50.7K |
|
650
UBS Group
UBS
$173B
| $492K | ﹤0.01% |
25,200
+339
| +1% | +$6.41K |
|
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.