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 | |
|---|---|---|---|---|---|---|
726
Edison International
EIX
$26.5B
| $301K | ﹤0.01% |
+4,296
| New | +$274K |
|
727
First Trust STOXX European Select Dividend Income Fund
FDD
$906M
| $300K | ﹤0.01% |
22,576
+11,505
| +104% | +$161K |
|
728
Elevance Health
ELV
$85.5B
| $299K | ﹤0.01% |
609
+121
| +25% | +$55.3K |
|
729
Schwab US TIPS ETF
SCHP
$16.3B
| $299K | ﹤0.01% |
+9,860
| New | +$302K |
|
730
iShares Core Universal USD Bond ETF
IUSB
$43.1B
| $298K | ﹤0.01% |
+6,008
| New | +$306K |
|
731
McKesson
MCK
$103B
| $295K | ﹤0.01% |
+962
| New | +$262K |
|
732
Parker-Hannifin
PH
$136B
| $295K | ﹤0.01% |
1,039
-85
| -8% | -$25.6K |
|
733
Cincinnati Financial
CINF
$27.2B
| $294K | ﹤0.01% |
2,161
-104
| -5% | -$12.8K |
|
734
S&P Global
SPGI
$121B
| $289K | ﹤0.01% |
704
-156
| -18% | -$63.5K |
|
735
Smith & Nephew
SNN
$12.6B
| $288K | ﹤0.01% |
9,015
-219
| -2% | -$7.35K |
|
736
Fidelity MSCI Consumer Discretionary Index ETF
FDIS
$1.74B
| $285K | ﹤0.01% |
3,605
-1,021
| -22% | -$80.5K |
|
737
TJX Companies
TJX
$179B
| $285K | ﹤0.01% |
4,700
-2,104
| -31% | -$141K |
|
738
Chubb
CB
$135B
| $283K | ﹤0.01% |
1,323
-361
| -21% | -$73.4K |
|
739
Air Products & Chemicals
APD
$67.6B
| $278K | ﹤0.01% |
1,113
-668
| -38% | -$172K |
|
|
HTO
740
H2O America
HTO
$2.62B
| $278K | ﹤0.01% |
+4,000
| New | +$269K |
|
741
L3Harris
LHX
$53.5B
| $276K | ﹤0.01% |
1,111
+87
| +8% | +$20.3K |
|
742
HSBC
HSBC
$355B
| $273K | ﹤0.01% |
7,970
+428
| +6% | +$14.8K |
|
743
Schwab Fundamental US Small Company Index ETF
FNDA
$9.39B
| $271K | ﹤0.01% |
+10,120
| New | +$269K |
|
744
Invesco S&P 500 Equal Weight ETF
RSP
$99.6B
| $269K | ﹤0.01% |
1,706
-1,089
| -39% | -$170K |
|
745
Sempra
SRE
$55.7B
| $268K | ﹤0.01% |
+3,192
| New | +$229K |
|
746
Canadian National Railway
CNI
$77.1B
| $267K | ﹤0.01% |
1,993
+37
| +2% | +$4.63K |
|
747
CBRE Group
CBRE
$43.4B
| $265K | ﹤0.01% |
2,898
+72
| +3% | +$7.01K |
|
748
iShares Silver Trust
SLV
$30.6B
| $265K | ﹤0.01% |
+11,601
| New | +$258K |
|
749
Trinity Industries
TRN
$2.41B
| $264K | ﹤0.01% |
7,675
+39
| +0.5% | +$1.2K |
|
750
Ameren
AEE
$30.3B
| $262K | ﹤0.01% |
2,799
-311
| -10% | -$27.2K |
|
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.