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 |
Citigroup
C
|
+$1.16B |
| 2 |
State Street SPDR Portfolio Short Term Treasury ETF
SPTS
|
+$973M |
| 3 |
Boeing
BA
|
+$825M |
| 4 |
Booking.com
BKNG
|
+$807M |
| 5 |
Las Vegas Sands
LVS
|
+$507M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.2B |
| 2 |
Microsoft
MSFT
|
+$1.06B |
| 3 |
Amazon
AMZN
|
+$1.01B |
| 4 |
Netflix
NFLX
|
+$835M |
| 5 |
Meta Platforms (Facebook)
META
|
+$745M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.64% |
| 2 | Financials | 11.65% |
| 3 | Consumer Discretionary | 9.35% |
| 4 | Healthcare | 9.23% |
| 5 | Industrials | 8.15% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
676
Peoples Bancorp
PEBO
$1.47B
| $1.26M | ﹤0.01% |
49,006
-6,035
| -11% | -$174K |
|
677
GE Aerospace
GE
$384B
| $1.25M | ﹤0.01% |
16,380
-7,663
| -32% | -$513K |
|
|
FBMS
678
DELISTED
The First Bancshares, Inc.
FBMS
| $1.25M | ﹤0.01% |
48,366
| – | – |
|
679
Flowers Foods
FLO
$1.57B
| $1.23M | ﹤0.01% |
+44,940
| New | +$1.24M |
|
680
Boot Barn
BOOT
$4.95B
| $1.23M | ﹤0.01% |
16,045
-6,571
| -29% | -$504K |
|
681
Pricesmart
PSMT
$5.46B
| $1.22M | ﹤0.01% |
17,102
| – | – |
|
682
VSE Corp
VSEC
$6.12B
| $1.22M | ﹤0.01% |
27,094
| – | – |
|
|
RPT
683
DELISTED
RPT Realty Common Shares of Beneficial Interest (MD)
RPT
| $1.22M | ﹤0.01% |
126,113
-33,962
| -21% | -$342K |
|
684
Arista Networks
ANET
$238B
| $1.2M | ﹤0.01% |
28,516
-580
| -2% | -$19.9K |
|
685
iShares Russell 2000 ETF
IWM
$83B
| $1.19M | ﹤0.01% |
6,647
+4,611
| +226% | +$849K |
|
686
Knowles
KN
$3.34B
| $1.18M | ﹤0.01% |
69,678
-21,970
| -24% | -$383K |
|
|
MCHB
687
Mechanics Bancorp
MCHB
$3.68B
| $1.17M | ﹤0.01% |
65,298
| – | – |
|
688
Vanguard Long-Term Treasury ETF
VGLT
$10.1B
| $1.17M | ﹤0.01% |
17,873
-10,310
| -37% | -$665K |
|
689
Grocery Outlet
GO
$980M
| $1.17M | ﹤0.01% |
+41,355
| New | +$1.19M |
|
690
Amdocs
DOX
$6.22B
| $1.15M | ﹤0.01% |
11,958
-7,280
| -38% | -$674K |
|
691
Vanguard Industrials ETF
VIS
$8.39B
| $1.14M | ﹤0.01% |
5,985
+213
| +4% | +$40.5K |
|
692
Casella Waste Systems
CWST
$5.69B
| $1.12M | ﹤0.01% |
13,598
| – | – |
|
693
iShares Global Materials ETF
MXI
$362M
| $1.12M | ﹤0.01% |
13,426
-1,170
| -8% | -$97.4K |
|
|
HT
694
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $1.12M | ﹤0.01% |
166,051
+72,343
| +77% | +$587K |
|
695
Korn Ferry
KFY
$4.28B
| $1.11M | ﹤0.01% |
21,412
-6,966
| -25% | -$376K |
|
696
Replimune Group
REPL
$1.01B
| $1.11M | ﹤0.01% |
62,679
-7,405
| -11% | -$176K |
|
697
German American Bancorp
GABC
$1.9B
| $1.1M | ﹤0.01% |
32,909
-3
| -0% | -$112 |
|
698
State Street SPDR S&P Metals & Mining ETF
XME
$4.42B
| $1.1M | ﹤0.01% |
20,646
-857
| -4% | -$46.6K |
|
699
Old Second Bancorp
OSBC
$1.3B
| $1.1M | ﹤0.01% |
78,032
-9
| -0% | -$144 |
|
700
Crinetics Pharmaceuticals
CRNX
$8.92B
| $1.1M | ﹤0.01% |
68,271
-8,653
| -11% | -$160K |
|
Similar funds
Fisher Asset Management's Q1 2023 Portfolio in Review
As of Q1 2023, Fisher Asset Management held 1,208 positions worth $165B, up 11% from $148B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Fisher Asset Management's Q1 2023 filing shows 183 new, 335 increased, 567 reduced and 73 closed positions. Its largest new stake was State Street SPDR Portfolio Short Term Treasury ETF: 33,536,153 shares worth $980M. The largest sale was Apple, an estimated $1.2B.
By sector, the portfolio is most concentrated in Technology at 27% of assets, up from 25% a quarter earlier, followed by Financials and Consumer Discretionary.
- Fisher Asset Management's largest Q1 2023 buy was State Street SPDR Portfolio Short Term Treasury ETF: 33,536,153 shares worth $980M.
- Fisher Asset Management added most to Citigroup in Q1 2023, an estimated $1.16B increase.
- Fisher Asset Management's biggest Q1 2023 reduction was Apple, cutting an estimated $1.2B.
- Fisher Asset Management fully exited SVB Financial Group in Q1 2023, selling an estimated $114M.
- Fisher Asset Management's ten largest holdings make up 26% of its $165B portfolio in Q1 2023.
- Fisher Asset Management opened 183 new positions and closed 73 in Q1 2023.
- Fisher Asset Management's portfolio value rose 11% quarter-over-quarter to $165B.
Based on Fisher Asset Management's 13F filing for Q1 2023, filed 1 May 2023.