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 |
PepsiCo
PEP
|
+$821M |
| 2 |
UnitedHealth
UNH
|
+$757M |
| 3 |
Procter & Gamble
PG
|
+$646M |
| 4 |
ExxonMobil
XOM
|
+$580M |
| 5 |
Broadcom
AVGO
|
+$544M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
XYZ
Block Inc
XYZ
|
+$700M |
| 2 |
SLB Ltd
SLB
|
+$562M |
| 3 |
PayPal
PYPL
|
+$554M |
| 4 |
Target
TGT
|
+$476M |
| 5 |
Uber
UBER
|
+$428M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 27.95% |
| 2 | Financials | 10.94% |
| 3 | Healthcare | 9.68% |
| 4 | Consumer Discretionary | 9.44% |
| 5 | Industrials | 7.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
626
Teledyne Technologies
TDY
$31.7B
| $1.79M | ﹤0.01% |
4,366
-201
| -4% | -$82.9K |
|
627
Zscaler
ZS
$26.1B
| $1.79M | ﹤0.01% |
12,214
-75
| -0.6% | -$9.16K |
|
628
Hackett Group
HCKT
$290M
| $1.77M | ﹤0.01% |
79,006
-8,195
| -9% | -$160K |
|
629
Consensus Cloud Solutions
CCSI
$702M
| $1.76M | ﹤0.01% |
56,904
-2,415
| -4% | -$85K |
|
630
SS&C Technologies
SSNC
$18.6B
| $1.75M | ﹤0.01% |
28,928
-175
| -0.6% | -$9.95K |
|
631
Hormel Foods
HRL
$13.9B
| $1.72M | ﹤0.01% |
42,664
+7,864
| +23% | +$315K |
|
|
DOCU
632
DocuSign
DOCU
$11B
| $1.7M | ﹤0.01% |
33,370
-5,786,149
| -99% | -$306M |
|
633
Vanguard Industrials ETF
VIS
$8.42B
| $1.67M | ﹤0.01% |
8,104
+2,119
| +35% | +$405K |
|
634
Magnachip Semiconductor
MX
$134M
| $1.66M | ﹤0.01% |
148,401
| – | – |
|
635
MarineMax
HZO
$793M
| $1.66M | ﹤0.01% |
48,457
| – | – |
|
636
Flowers Foods
FLO
$1.57B
| $1.64M | ﹤0.01% |
65,836
+20,896
| +46% | +$554K |
|
637
Republic Services
RSG
$63.7B
| $1.63M | ﹤0.01% |
10,668
-331
| -3% | -$47.3K |
|
638
Global X FinTech ETF
FINX
$173M
| $1.6M | ﹤0.01% |
72,395
-283,869
| -80% | -$5.93M |
|
639
Southside Bancshares
SBSI
$973M
| $1.59M | ﹤0.01% |
60,805
| – | – |
|
|
CLDT
640
Chatham Lodging
CLDT
$625M
| $1.59M | ﹤0.01% |
169,500
-15,429
| -8% | -$153K |
|
641
Central Pacific Financial
CPF
$1.02B
| $1.58M | ﹤0.01% |
100,867
-9,819
| -9% | -$155K |
|
|
FBMS
642
DELISTED
The First Bancshares, Inc.
FBMS
| $1.58M | ﹤0.01% |
61,292
+12,926
| +27% | +$331K |
|
643
GE Aerospace
GE
$396B
| $1.55M | ﹤0.01% |
17,659
+1,279
| +8% | +$104K |
|
644
State Street Technology Select Sector SPDR ETF
XLK
$122B
| $1.55M | ﹤0.01% |
17,792
+644
| +4% | +$50.8K |
|
645
AT&T
T
$158B
| $1.53M | ﹤0.01% |
95,903
-7,639
| -7% | -$130K |
|
646
BJ's Restaurants
BJRI
$1.44B
| $1.52M | ﹤0.01% |
47,909
-17,222
| -26% | -$525K |
|
647
Stewart Information Services
STC
$2.07B
| $1.5M | ﹤0.01% |
36,556
| – | – |
|
|
CPRX
648
DELISTED
Catalyst Pharmaceutical
CPRX
| $1.5M | ﹤0.01% |
111,664
| – | – |
|
649
iShares Europe ETF
IEV
$1.69B
| $1.5M | ﹤0.01% |
29,600
-653
| -2% | -$33.2K |
|
650
Credicorp
BAP
$31.4B
| $1.49M | ﹤0.01% |
10,100
+251
| +3% | +$34.4K |
|
Similar funds
Fisher Asset Management's Q2 2023 Portfolio in Review
As of Q2 2023, Fisher Asset Management held 1,244 positions worth $181B, up 9.9% from $165B the previous quarter. Its ten largest holdings account for 28% of the portfolio.
Fisher Asset Management's Q2 2023 filing shows 109 new, 547 increased, 343 reduced and 81 closed positions. Its largest new stake was CNB Financial Corp: 67,868 shares worth $1.2M. The largest sale was Block Inc, an estimated $700M.
By sector, the portfolio is most concentrated in Technology at 28% of assets, up from 27% a quarter earlier, followed by Financials and Healthcare.
- Fisher Asset Management's largest Q2 2023 buy was CNB Financial Corp: 67,868 shares worth $1.2M.
- Fisher Asset Management added most to PepsiCo in Q2 2023, an estimated $821M increase.
- Fisher Asset Management's biggest Q2 2023 reduction was Block Inc, cutting an estimated $700M.
- Fisher Asset Management fully exited Mechanics Bancorp in Q2 2023, selling an estimated $1.17M.
- Fisher Asset Management's ten largest holdings make up 28% of its $181B portfolio in Q2 2023.
- Fisher Asset Management opened 109 new positions and closed 81 in Q2 2023.
- Fisher Asset Management's portfolio value rose 9.9% quarter-over-quarter to $181B.
Based on Fisher Asset Management's 13F filing for Q2 2023, filed 8 Aug 2023.