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
|
+$715M |
| 2 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$350M |
| 3 |
NVIDIA
NVDA
|
+$223M |
| 4 |
Emerson Electric
EMR
|
+$173M |
| 5 |
Apple
AAPL
|
+$159M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Wynn Resorts
WYNN
|
+$155M |
| 2 |
Blackrock
BLK
|
+$134M |
| 3 |
Expedia Group
EXPE
|
+$131M |
| 4 |
Haleon
HLN
|
+$130M |
| 5 |
Intuit
INTU
|
+$118M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 30.36% |
| 2 | Financials | 13.4% |
| 3 | Consumer Discretionary | 9.1% |
| 4 | Healthcare | 9.06% |
| 5 | Industrials | 7.84% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
701
AnaptysBio
ANAB
$1.62B
| $780K | ﹤0.01% |
58,878
-3,070
| -5% | -$74.4K |
|
702
Vanguard Consumer Discretionary ETF
VCR
$6.24B
| $779K | ﹤0.01% |
2,074
-31
| -1% | -$11.2K |
|
703
Darling Ingredients
DAR
$9.62B
| $777K | ﹤0.01% |
23,068
+235
| +1% | +$8.88K |
|
704
Amdocs
DOX
$6.28B
| $774K | ﹤0.01% |
9,095
+274
| +3% | +$24K |
|
705
iShares Russell 1000 Value ETF
IWD
$83.2B
| $774K | ﹤0.01% |
4,179
+1,920
| +85% | +$368K |
|
706
Travere Therapeutics
TVTX
$5.89B
| $752K | ﹤0.01% |
43,182
| – | – |
|
707
Designer Brands
DBI
$336M
| $751K | ﹤0.01% |
140,695
| – | – |
|
708
KraneShares CSI China Internet ETF
KWEB
$5.62B
| $751K | ﹤0.01% |
25,693
-1,375
| -5% | -$44.1K |
|
709
Blackstone
BX
$107B
| $749K | ﹤0.01% |
4,345
+98
| +2% | +$17.1K |
|
710
iShares MSCI USA Min Vol Factor ETF
USMV
$24.1B
| $745K | ﹤0.01% |
8,391
-1,496
| -15% | -$137K |
|
711
Cedar Fair
FUN
$1.61B
| $741K | ﹤0.01% |
15,384
+128
| +0.8% | +$5.61K |
|
712
NIO
NIO
$11.5B
| $735K | ﹤0.01% |
168,622
-29,826
| -15% | -$152K |
|
713
Vanguard Dividend Appreciation ETF
VIG
$114B
| $734K | ﹤0.01% |
3,749
-63
| -2% | -$12.6K |
|
714
CF Industries
CF
$17.9B
| $733K | ﹤0.01% |
8,590
+289
| +3% | +$25K |
|
715
PNC Financial Services
PNC
$101B
| $721K | ﹤0.01% |
3,737
+143
| +4% | +$28.1K |
|
716
Public Service Enterprise Group
PEG
$37.4B
| $710K | ﹤0.01% |
8,404
+1,062
| +14% | +$94K |
|
717
Phillips 66
PSX
$82.4B
| $702K | ﹤0.01% |
6,157
+920
| +18% | +$117K |
|
718
Vanguard Morningstar Small-Cap ETF
VB
$81.3B
| $697K | ﹤0.01% |
2,901
+1,467
| +102% | +$361K |
|
719
Linde
LIN
$226B
| $692K | ﹤0.01% |
1,652
+80
| +5% | +$36.5K |
|
720
Dell
DELL
$283B
| $685K | ﹤0.01% |
+5,945
| New | +$746K |
|
721
State Street SPDR Portfolio Developed World ex-US ETF
SPDW
$41.2B
| $684K | ﹤0.01% |
+20,042
| New | +$718K |
|
722
Berkshire Hathaway Class A
BRK.A
$1.13T
| $681K | ﹤0.01% |
+1
| New | +$693K |
|
723
iShares Core S&P US Value ETF
IUSV
$27.5B
| $678K | ﹤0.01% |
+7,324
| New | +$704K |
|
|
XYZ
724
Block Inc
XYZ
$47B
| $678K | ﹤0.01% |
7,976
-494
| -6% | -$40.5K |
|
725
Automatic Data Processing
ADP
$109B
| $667K | ﹤0.01% |
2,279
+364
| +19% | +$108K |
|
Similar funds
Fisher Asset Management's Q4 2024 Portfolio in Review
As of Q4 2024, Fisher Asset Management held 1,024 positions worth $251B, up 3% from $244B the previous quarter. Its ten largest holdings account for 35% of the portfolio.
Fisher Asset Management's Q4 2024 filing shows 105 new, 508 increased, 309 reduced and 49 closed positions. Its largest new stake was Mercury Systems: 395,265 shares worth $16.6M. The largest sale was Wynn Resorts, an estimated $155M.
By sector, the portfolio is most concentrated in Technology at 30% of assets, up from 30% a quarter earlier, followed by Financials and Consumer Discretionary.
- Fisher Asset Management's largest Q4 2024 buy was Mercury Systems: 395,265 shares worth $16.6M.
- Fisher Asset Management added most to iShares 7-10 Year Treasury Bond ETF in Q4 2024, an estimated $715M increase.
- Fisher Asset Management's biggest Q4 2024 reduction was Wynn Resorts, cutting an estimated $155M.
- Fisher Asset Management fully exited Marathon Oil Corporation in Q4 2024, selling an estimated $76.8M.
- Fisher Asset Management's ten largest holdings make up 35% of its $251B portfolio in Q4 2024.
- Fisher Asset Management opened 105 new positions and closed 49 in Q4 2024.
- Fisher Asset Management's portfolio value rose 3% quarter-over-quarter to $251B.
Based on Fisher Asset Management's 13F filing for Q4 2024, filed 5 Feb 2025.