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 |
Citigroup
C
|
+$1.16B |
| 2 |
State Street SPDR Portfolio Short Term Treasury ETF
SPTS
|
+$973M |
| 3 |
Boeing
BA
|
+$825M |
| 4 |
Booking.com
BKNG
|
+$807M |
| 5 |
Las Vegas Sands
LVS
|
+$507M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.2B |
| 2 |
Microsoft
MSFT
|
+$1.06B |
| 3 |
Amazon
AMZN
|
+$1.01B |
| 4 |
Netflix
NFLX
|
+$835M |
| 5 |
Meta Platforms (Facebook)
META
|
+$745M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.64% |
| 2 | Financials | 11.65% |
| 3 | Consumer Discretionary | 9.35% |
| 4 | Healthcare | 9.23% |
| 5 | Industrials | 8.15% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
801
First Trust Dow 30 Equal Weight ETF
EDOW
$323M
| $399K | ﹤0.01% |
13,482
-67
| -0.5% | -$1.97K |
|
802
Kroger
KR
$34.7B
| $398K | ﹤0.01% |
8,071
-515
| -6% | -$23.5K |
|
803
Vanguard Tax-Exempt Bond Index Fund
VTEB
$45.3B
| $396K | ﹤0.01% |
7,826
-1,943
| -20% | -$97.5K |
|
804
CGI
GIB
$15.4B
| $396K | ﹤0.01% |
4,112
-1,003
| -20% | -$90.2K |
|
805
Invesco S&P 500 Equal Weight Technology ETF
RSPT
$5.87B
| $393K | ﹤0.01% |
14,240
+890
| +7% | +$23.5K |
|
806
Southwest Airlines
LUV
$23B
| $391K | ﹤0.01% |
+12,021
| New | +$409K |
|
807
National Grid
NGG
$81.6B
| $391K | ﹤0.01% |
6,101
+614
| +11% | +$36.8K |
|
808
KLA
KLAC
$259B
| $390K | ﹤0.01% |
9,750
-1,920
| -16% | -$75.7K |
|
|
FIHD
809
DELISTED
UBS AG FI Enhanced Global High Yield ETN
FIHD
| $388K | ﹤0.01% |
1,799
| – | – |
|
|
SNV
810
DELISTED
Synovus
SNV
| $387K | ﹤0.01% |
12,406
-8,983
| -42% | -$342K |
|
|
MRSH
811
Marsh
MRSH
$91.2B
| $386K | ﹤0.01% |
+2,318
| New | +$386K |
|
812
Eagle Bancorp
EGBN
$844M
| $385K | ﹤0.01% |
11,493
| – | – |
|
813
Corteva
CTVA
$51.5B
| $378K | ﹤0.01% |
6,266
+780
| +14% | +$47.6K |
|
814
Vanguard Health Care ETF
VHT
$18.5B
| $376K | ﹤0.01% |
1,577
-842
| -35% | -$203K |
|
|
NSA
815
DELISTED
National Storage Affiliates Trust
NSA
| $371K | ﹤0.01% |
8,878
-18
| -0.2% | -$728 |
|
816
Blackstone
BX
$109B
| $369K | ﹤0.01% |
4,206
-452
| -10% | -$39.9K |
|
817
eBay
EBAY
$50B
| $366K | ﹤0.01% |
8,242
-1,943
| -19% | -$89K |
|
|
FIEE
818
DELISTED
FI Enhanced Europe 50 ETN
FIEE
| $365K | ﹤0.01% |
1,849
-91
| -5% | -$17K |
|
819
Vanguard Morningstar Mega Cap Growth ETF
MGK
$34B
| $359K | ﹤0.01% |
+8,775
| New | +$333K |
|
820
Aecom
ACM
$9.76B
| $358K | ﹤0.01% |
4,247
| – | – |
|
821
Schwab US Large-Cap Growth ETF
SCHG
$62.6B
| $358K | ﹤0.01% |
+21,944
| New | +$333K |
|
822
Xtrackers USD High Yield Corporate Bond ETF
HYLB
$3.48B
| $346K | ﹤0.01% |
9,961
+1,571
| +19% | +$53.9K |
|
823
Vanguard High Dividend Yield ETF
VYM
$82.7B
| $340K | ﹤0.01% |
+3,222
| New | +$347K |
|
824
Zoetis
ZTS
$30.6B
| $335K | ﹤0.01% |
2,012
-198
| -9% | -$32.5K |
|
825
Repay Holdings
RPAY
$326M
| $334K | ﹤0.01% |
50,762
-24
| -0% | -$198 |
|
Similar funds
Fisher Asset Management's Q1 2023 Portfolio in Review
As of Q1 2023, Fisher Asset Management held 1,208 positions worth $165B, up 11% from $148B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Fisher Asset Management's Q1 2023 filing shows 183 new, 335 increased, 567 reduced and 73 closed positions. Its largest new stake was State Street SPDR Portfolio Short Term Treasury ETF: 33,536,153 shares worth $980M. The largest sale was Apple, an estimated $1.2B.
By sector, the portfolio is most concentrated in Technology at 27% of assets, up from 25% a quarter earlier, followed by Financials and Consumer Discretionary.
- Fisher Asset Management's largest Q1 2023 buy was State Street SPDR Portfolio Short Term Treasury ETF: 33,536,153 shares worth $980M.
- Fisher Asset Management added most to Citigroup in Q1 2023, an estimated $1.16B increase.
- Fisher Asset Management's biggest Q1 2023 reduction was Apple, cutting an estimated $1.2B.
- Fisher Asset Management fully exited SVB Financial Group in Q1 2023, selling an estimated $114M.
- Fisher Asset Management's ten largest holdings make up 26% of its $165B portfolio in Q1 2023.
- Fisher Asset Management opened 183 new positions and closed 73 in Q1 2023.
- Fisher Asset Management's portfolio value rose 11% quarter-over-quarter to $165B.
Based on Fisher Asset Management's 13F filing for Q1 2023, filed 1 May 2023.