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 |
iShares 7-10 Year Treasury Bond ETF
IEF
|
+$1.03B |
| 2 |
State Street SPDR Portfolio Long Term Treasury ETF
SPTL
|
+$692M |
| 3 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$542M |
| 4 |
Apple
AAPL
|
+$197M |
| 5 |
Amazon
AMZN
|
+$157M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MBS ETF
MBB
|
+$853M |
| 2 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$225M |
| 3 |
Xtrackers USD High Yield Corporate Bond ETF
HYLB
|
+$215M |
| 4 |
iShares Broad USD High Yield Corporate Bond ETF
USHY
|
+$153M |
| 5 |
TSMC
TSM
|
+$124M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.52% |
| 2 | Financials | 12.28% |
| 3 | Consumer Discretionary | 11.76% |
| 4 | Healthcare | 9.84% |
| 5 | Communication Services | 7.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
651
iShares New York Muni Bond ETF
NYF
$1.39B
| $396K | ﹤0.01% |
6,863
| – | – |
|
652
Dominion Energy
D
$58.8B
| $387K | ﹤0.01% |
5,088
+606
| +14% | +$44K |
|
653
Smith & Nephew
SNN
$12.5B
| $387K | ﹤0.01% |
10,216
-1,092
| -10% | -$45.1K |
|
654
Northrop Grumman
NOC
$80.7B
| $383K | ﹤0.01% |
1,182
+18
| +2% | +$5.43K |
|
655
MGIC Investment
MTG
$6.21B
| $381K | ﹤0.01% |
+27,483
| New | +$350K |
|
|
FIEE
656
DELISTED
FI Enhanced Europe 50 ETN
FIEE
| $381K | ﹤0.01% |
2,277
-1,157
| -34% | -$189K |
|
|
EGOV
657
DELISTED
NIC Inc
EGOV
| $373K | ﹤0.01% |
+11,000
| New | +$347K |
|
658
iShares MSCI ACWI ex US ETF
ACWX
$11.7B
| $371K | ﹤0.01% |
6,720
+2,777
| +70% | +$153K |
|
659
iShares Core S&P Small-Cap ETF
IJR
$111B
| $371K | ﹤0.01% |
3,421
-2,194
| -39% | -$230K |
|
660
Micron Technology
MU
$996B
| $370K | ﹤0.01% |
+4,199
| New | +$356K |
|
661
Cincinnati Financial
CINF
$27.5B
| $367K | ﹤0.01% |
3,559
-4,670
| -57% | -$448K |
|
662
Fortinet
FTNT
$117B
| $363K | ﹤0.01% |
9,850
+150
| +2% | +$4.91K |
|
663
Collegium Pharmaceutical
COLL
$944M
| $358K | ﹤0.01% |
15,095
| – | – |
|
664
iShares MSCI USA Quality Factor ETF
QUAL
$47.7B
| $358K | ﹤0.01% |
2,935
+1,018
| +53% | +$120K |
|
665
iShares MSCI Taiwan ETF
EWT
$10.6B
| $357K | ﹤0.01% |
5,946
+445
| +8% | +$25.9K |
|
666
iShares Silver Trust
SLV
$29.8B
| $355K | ﹤0.01% |
15,646
+321
| +2% | +$7.82K |
|
667
British American Tobacco
BTI
$127B
| $354K | ﹤0.01% |
9,136
-3,828
| -30% | -$144K |
|
|
NSA
668
DELISTED
National Storage Affiliates Trust
NSA
| $354K | ﹤0.01% |
8,878
| – | – |
|
669
Corteva
CTVA
$51.3B
| $350K | ﹤0.01% |
7,504
+1,465
| +24% | +$64.8K |
|
670
iShares Russell 1000 Value ETF
IWD
$83.2B
| $348K | ﹤0.01% |
2,295
+151
| +7% | +$21.8K |
|
671
Yum! Brands
YUM
$41.6B
| $345K | ﹤0.01% |
3,192
-74
| -2% | -$7.83K |
|
672
Allstate
ALL
$70.8B
| $343K | ﹤0.01% |
2,984
+451
| +18% | +$49.7K |
|
673
iShares Biotechnology ETF
IBB
$9.53B
| $340K | ﹤0.01% |
2,256
-23
| -1% | -$3.65K |
|
|
IMGN
674
DELISTED
Immunogen Inc
IMGN
| $340K | ﹤0.01% |
41,942
+1,487
| +4% | +$12.1K |
|
675
Accenture
ACN
$105B
| $338K | ﹤0.01% |
1,223
-904
| -43% | -$234K |
|
Similar funds
Fisher Asset Management's Q1 2021 Portfolio in Review
As of Q1 2021, Fisher Asset Management held 1,105 positions worth $142B, up 6.4% from $133B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Fisher Asset Management's Q1 2021 filing shows 95 new, 327 increased, 470 reduced and 106 closed positions. Its largest new stake was iShares 7-10 Year Treasury Bond ETF: 8,801,434 shares worth $994M. The largest sale was iShares MBS ETF, an estimated $853M.
By sector, the portfolio is most concentrated in Technology at 26% of assets, down from 26% a quarter earlier, followed by Financials and Consumer Discretionary.
- Fisher Asset Management's largest Q1 2021 buy was iShares 7-10 Year Treasury Bond ETF: 8,801,434 shares worth $994M.
- Fisher Asset Management added most to State Street SPDR Portfolio Long Term Treasury ETF in Q1 2021, an estimated $692M increase.
- Fisher Asset Management's biggest Q1 2021 reduction was iShares MBS ETF, cutting an estimated $853M.
- Fisher Asset Management fully exited Mid-America Apartment Communities in Q1 2021, selling an estimated $38.3M.
- Fisher Asset Management's ten largest holdings make up 31% of its $142B portfolio in Q1 2021.
- Fisher Asset Management opened 95 new positions and closed 106 in Q1 2021.
- Fisher Asset Management's portfolio value rose 6.4% quarter-over-quarter to $142B.
Based on Fisher Asset Management's 13F filing for Q1 2021, filed 27 Apr 2021.