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 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$821M |
| 2 |
State Street SPDR Portfolio Long Term Treasury ETF
SPTL
|
+$568M |
| 3 |
Advanced Micro Devices
AMD
|
+$428M |
| 4 |
XYZ
Block Inc
XYZ
|
+$419M |
| 5 |
VanEck Semiconductor ETF
SMH
|
+$333M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$683M |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$488M |
| 3 |
Marvell Technology
MRVL
|
+$420M |
| 4 |
iShares Expanded Tech-Software Sector ETF
IGV
|
+$375M |
| 5 |
PayPal
PYPL
|
+$326M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.02% |
| 2 | Financials | 12.11% |
| 3 | Healthcare | 10.27% |
| 4 | Consumer Discretionary | 8.74% |
| 5 | Industrials | 6.96% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
801
Live Nation Entertainment
LYV
$42.8B
| $363K | ﹤0.01% |
5,208
+165
| +3% | +$12.2K |
|
802
iShares US Treasury Bond ETF
GOVT
$43.7B
| $362K | ﹤0.01% |
+15,913
| New | +$362K |
|
803
Aecom
ACM
$9.63B
| $361K | ﹤0.01% |
4,247
| – | – |
|
804
Vanguard Morningstar Mid-Cap ETF
VO
$109B
| $359K | ﹤0.01% |
7,036
+2,384
| +51% | +$121K |
|
805
Dow Inc
DOW
$21.4B
| $357K | ﹤0.01% |
7,087
-3,322
| -32% | -$162K |
|
|
ONC
806
BeOne Medicines Ltd
ONC
$34B
| $357K | ﹤0.01% |
1,625
+1
| +0.1% | +$183 |
|
807
Vanguard Real Estate ETF
VNQ
$39.2B
| $356K | ﹤0.01% |
4,313
+1,285
| +42% | +$107K |
|
808
iShares Russell 2000 ETF
IWM
$82.5B
| $355K | ﹤0.01% |
2,036
-548
| -21% | -$97.5K |
|
809
Atmos Energy
ATO
$28.7B
| $351K | ﹤0.01% |
+3,135
| New | +$345K |
|
810
Brookfield
BN
$109B
| $349K | ﹤0.01% |
16,647
-1,131
| -6% | -$25.4K |
|
811
Blackstone
BX
$109B
| $346K | ﹤0.01% |
4,658
-304
| -6% | -$26.3K |
|
812
Vanguard Dividend Appreciation ETF
VIG
$114B
| $344K | ﹤0.01% |
2,267
+657
| +41% | +$97.9K |
|
|
IFX
813
DELISTED
INFINEON TECH AG ADS(REP1 ORD)
IFX
| $338K | ﹤0.01% |
11,131
-1,855
| -14% | -$56.3K |
|
|
NVTA
814
DELISTED
Invitae Corporation
NVTA
| $330K | ﹤0.01% |
177,331
-2,884,007
| -94% | -$7.04M |
|
815
Allstate
ALL
$68.1B
| $329K | ﹤0.01% |
2,427
+245
| +11% | +$32K |
|
816
iShares Core Dividend Growth ETF
DGRO
$43.4B
| $327K | ﹤0.01% |
+6,547
| New | +$321K |
|
817
Enterprise Products Partners
EPD
$81.6B
| $324K | ﹤0.01% |
13,438
+375
| +3% | +$9.23K |
|
818
Invesco S&P 500 Equal Weight Technology ETF
RSPT
$5.8B
| $324K | ﹤0.01% |
13,350
-860
| -6% | -$21K |
|
819
Zoetis
ZTS
$31.2B
| $324K | ﹤0.01% |
2,210
+472
| +27% | +$69.8K |
|
|
FIEE
820
DELISTED
FI Enhanced Europe 50 ETN
FIEE
| $323K | ﹤0.01% |
1,940
| – | – |
|
821
Corteva
CTVA
$52.5B
| $322K | ﹤0.01% |
5,486
-1,808
| -25% | -$114K |
|
|
NSA
822
DELISTED
National Storage Affiliates Trust
NSA
| $321K | ﹤0.01% |
8,896
+18
| +0.2% | +$704 |
|
823
Oneok
OKE
$55B
| $319K | ﹤0.01% |
+4,849
| New | +$298K |
|
824
Labcorp
LH
$25.4B
| $317K | ﹤0.01% |
1,566
-220
| -12% | -$43K |
|
|
ATVI
825
DELISTED
Activision Blizzard
ATVI
| $316K | ﹤0.01% |
4,132
+904
| +28% | +$67.1K |
|
Similar funds
Fisher Asset Management's Q4 2022 Portfolio in Review
As of Q4 2022, Fisher Asset Management held 1,228 positions worth $148B, up 11% from $133B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Fisher Asset Management's Q4 2022 filing shows 150 new, 438 increased, 394 reduced and 203 closed positions. Its largest new stake was Macerich: 4,023,537 shares worth $45.3M. The largest sale was iShares iBoxx $ Investment Grade Corporate Bond ETF, an estimated $683M.
By sector, the portfolio is most concentrated in Technology at 25% of assets, down from 26% a quarter earlier, followed by Financials and Healthcare.
- Fisher Asset Management's largest Q4 2022 buy was Macerich: 4,023,537 shares worth $45.3M.
- Fisher Asset Management added most to Vanguard Intermediate-Term Corporate Bond ETF in Q4 2022, an estimated $821M increase.
- Fisher Asset Management's biggest Q4 2022 reduction was iShares iBoxx $ Investment Grade Corporate Bond ETF, cutting an estimated $683M.
- Fisher Asset Management fully exited Fair Isaac in Q4 2022, selling an estimated $35.3M.
- Fisher Asset Management's ten largest holdings make up 26% of its $148B portfolio in Q4 2022.
- Fisher Asset Management opened 150 new positions and closed 203 in Q4 2022.
- Fisher Asset Management's portfolio value rose 11% quarter-over-quarter to $148B.
Based on Fisher Asset Management's 13F filing for Q4 2022, filed 3 Feb 2023.