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 | |
|---|---|---|---|---|---|---|
776
Camden Property Trust
CPT
$11B
| $499K | ﹤0.01% |
4,297
+105
| +3% | +$12.6K |
|
777
Schwab US Mid-Cap ETF
SCHM
$14.9B
| $496K | ﹤0.01% |
+17,911
| New | +$510K |
|
|
HES
778
DELISTED
Hess
HES
| $481K | ﹤0.01% |
3,618
+681
| +23% | +$95.1K |
|
779
Tango Therapeutics
TNGX
$4.72B
| $479K | ﹤0.01% |
154,947
| – | – |
|
780
Invesco S&P 500 Equal Weight Technology ETF
RSPT
$5.77B
| $478K | ﹤0.01% |
12,779
-1,185
| -8% | -$45.2K |
|
781
Universal Health Services
UHS
$10.3B
| $477K | ﹤0.01% |
2,658
+289
| +12% | +$58.9K |
|
|
SFBS
782
ServisFirst Bancshares
SFBS
$4.87B
| $476K | ﹤0.01% |
5,619
-1,246
| -18% | -$111K |
|
783
Teleflex
TFX
$6.15B
| $474K | ﹤0.01% |
2,662
-1
| -0% | -$205 |
|
784
Cintas
CTAS
$80.9B
| $473K | ﹤0.01% |
2,588
+128
| +5% | +$26.9K |
|
785
Yum China
YUMC
$16.5B
| $470K | ﹤0.01% |
9,750
+1,125
| +13% | +$53.3K |
|
786
Labcorp
LH
$25.6B
| $466K | ﹤0.01% |
2,033
+784
| +63% | +$180K |
|
787
Vanguard High Dividend Yield ETF
VYM
$82.3B
| $465K | ﹤0.01% |
3,644
+2,018
| +124% | +$263K |
|
788
Zoetis
ZTS
$32.4B
| $464K | ﹤0.01% |
2,849
+901
| +46% | +$161K |
|
789
Dimensional US Targeted Value ETF
DFAT
$14.7B
| $461K | ﹤0.01% |
8,288
+2,067
| +33% | +$118K |
|
790
iShares MSCI France ETF
EWQ
$343M
| $449K | ﹤0.01% |
12,518
+182
| +1% | +$6.8K |
|
|
SNV
791
DELISTED
Synovus
SNV
| $446K | ﹤0.01% |
8,700
-4,368
| -33% | -$226K |
|
792
Schwab U.S Small- Cap ETF
SCHA
$22.8B
| $445K | ﹤0.01% |
17,208
+4,046
| +31% | +$108K |
|
793
Vanguard Short-Term Inflation-Protected Securities Index Fund
VTIP
$19.1B
| $445K | ﹤0.01% |
+9,190
| New | +$449K |
|
794
Corning
GLW
$135B
| $444K | ﹤0.01% |
9,342
-752
| -7% | -$35.6K |
|
795
O'Reilly Automotive
ORLY
$76.2B
| $444K | ﹤0.01% |
5,595
+735
| +15% | +$59.3K |
|
796
iShares US Technology ETF
IYW
$24.8B
| $442K | ﹤0.01% |
2,769
+1,124
| +68% | +$178K |
|
|
BNY
797
Bank of New York Mellon
BNY
$108B
| $438K | ﹤0.01% |
5,707
+1,025
| +22% | +$79.2K |
|
798
Analog Devices
ADI
$184B
| $434K | ﹤0.01% |
2,044
-787
| -28% | -$174K |
|
799
Schwab 1000 Index ETF
SCHK
$5.88B
| $434K | ﹤0.01% |
+15,314
| New | +$436K |
|
800
Prudential Financial
PRU
$41.9B
| $429K | ﹤0.01% |
3,619
+1,249
| +53% | +$154K |
|
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.