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 | |
|---|---|---|---|---|---|---|
726
NIO
NIO
$11.7B
| $910K | ﹤0.01% |
93,937
-2,411
| -3% | -$20.4K |
|
727
PNC Financial Services
PNC
$102B
| $905K | ﹤0.01% |
7,181
+2,155
| +43% | +$263K |
|
|
HOLX
728
DELISTED
Hologic
HOLX
| $902K | ﹤0.01% |
11,146
-988
| -8% | -$80.7K |
|
|
PNT
729
DELISTED
POINT Biopharma Global Inc. Common Stock
PNT
| $899K | ﹤0.01% |
99,189
| – | – |
|
730
Schwab US Dividend Equity ETF
SCHD
$105B
| $897K | ﹤0.01% |
37,068
-7,266
| -16% | -$174K |
|
731
German American Bancorp
GABC
$1.92B
| $894K | ﹤0.01% |
32,909
| – | – |
|
732
Vanda Pharmaceuticals
VNDA
$306M
| $888K | ﹤0.01% |
134,792
| – | – |
|
733
iShares US Aerospace & Defense ETF
ITA
$14.8B
| $885K | ﹤0.01% |
7,589
+1,399
| +23% | +$159K |
|
|
KDNY
734
DELISTED
Chinook Therapeutics, Inc. Common Stock
KDNY
| $877K | ﹤0.01% |
22,820
-13,083
| -36% | -$336K |
|
735
First Trust Nasdaq-100 Select Equal Weight ETF
QQEW
$1.82B
| $874K | ﹤0.01% |
8,178
+212
| +3% | +$21.4K |
|
736
Yum China
YUMC
$16.3B
| $866K | ﹤0.01% |
15,325
-1,807
| -11% | -$109K |
|
737
Weyerhaeuser
WY
$18.6B
| $864K | ﹤0.01% |
25,788
+3,661
| +17% | +$110K |
|
738
Chubb
CB
$136B
| $856K | ﹤0.01% |
4,446
+247
| +6% | +$48.4K |
|
739
Movado Group
MOV
$867M
| $847K | ﹤0.01% |
31,582
-62
| -0.2% | -$1.62K |
|
740
QCR Holdings
QCRH
$1.72B
| $835K | ﹤0.01% |
+20,349
| New | +$833K |
|
741
Wells Fargo
WFC
$270B
| $834K | ﹤0.01% |
19,550
+1,673
| +9% | +$67.3K |
|
742
Zimmer Biomet
ZBH
$19B
| $832K | ﹤0.01% |
5,711
| – | – |
|
743
iShares 5-10 Year Investment Grade Corporate Bond ETF
IGIB
$18.6B
| $831K | ﹤0.01% |
16,428
+6,560
| +66% | +$333K |
|
744
Origin Bancorp
OBK
$1.69B
| $821K | ﹤0.01% |
+28,009
| New | +$838K |
|
745
Ironwood Pharmaceuticals
IRWD
$683M
| $815K | ﹤0.01% |
76,604
+186
| +0.2% | +$2K |
|
746
Mondelez International
MDLZ
$79.9B
| $814K | ﹤0.01% |
11,157
+1,903
| +21% | +$141K |
|
747
Cogent Biosciences
COGT
$7.22B
| $812K | ﹤0.01% |
68,569
| – | – |
|
748
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23B
| $804K | ﹤0.01% |
16,017
+3,559
| +29% | +$179K |
|
749
CF Industries
CF
$17.9B
| $785K | ﹤0.01% |
11,308
-896
| -7% | -$62.5K |
|
750
iShares US Treasury Bond ETF
GOVT
$43.7B
| $783K | ﹤0.01% |
34,210
+20,297
| +146% | +$471K |
|
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.