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 | |
|---|---|---|---|---|---|---|
826
Air Products & Chemicals
APD
$65.7B
| $379K | ﹤0.01% |
1,266
+224
| +21% | +$63.8K |
|
|
ONC
827
BeOne Medicines Ltd
ONC
$34B
| $379K | ﹤0.01% |
2,126
+181
| +9% | +$41.7K |
|
828
Travelers Companies
TRV
$79.8B
| $379K | ﹤0.01% |
2,182
+599
| +38% | +$106K |
|
|
SNV
829
DELISTED
Synovus
SNV
| $375K | ﹤0.01% |
12,406
| – | – |
|
830
Hershey
HSY
$36.1B
| $375K | ﹤0.01% |
1,500
+525
| +54% | +$138K |
|
831
Corning
GLW
$135B
| $373K | ﹤0.01% |
10,649
+2,071
| +24% | +$68.1K |
|
832
Schwab US Broad Market ETF
SCHB
$44.6B
| $372K | ﹤0.01% |
+21,570
| New | +$352K |
|
833
Live Nation Entertainment
LYV
$42.8B
| $371K | ﹤0.01% |
4,068
-179
| -4% | -$14K |
|
834
eBay
EBAY
$49.4B
| $368K | ﹤0.01% |
8,242
| – | – |
|
835
iShares Global Consumer Discretionary ETF
RXI
$275M
| $365K | ﹤0.01% |
2,327
+46
| +2% | +$6.75K |
|
836
Aecom
ACM
$9.63B
| $361K | ﹤0.01% |
4,261
+14
| +0.3% | +$1.15K |
|
837
Invesco China Technology ETF
CQQQ
$3.16B
| $358K | ﹤0.01% |
9,038
-240
| -3% | -$10K |
|
838
GE HealthCare
GEHC
$31.7B
| $358K | ﹤0.01% |
4,409
-852
| -16% | -$68K |
|
839
Cintas
CTAS
$80.6B
| $358K | ﹤0.01% |
+2,876
| New | +$337K |
|
840
Schwab 5-10 Year Corporate Bond ETF
SCHI
$11.5B
| $357K | ﹤0.01% |
+16,206
| New | +$359K |
|
841
Linde
LIN
$226B
| $357K | ﹤0.01% |
935
-328
| -26% | -$120K |
|
|
CTRA
842
DELISTED
Coterra Energy
CTRA
| $354K | ﹤0.01% |
13,982
+398
| +3% | +$9.9K |
|
843
iShares MSCI USA Quality Factor ETF
QUAL
$47.7B
| $353K | ﹤0.01% |
2,614
-1,251
| -32% | -$159K |
|
844
Schwab Fundamental US Large Company Index ETF
FNDX
$27.2B
| $351K | ﹤0.01% |
+18,276
| New | +$338K |
|
845
Lear
LEA
$6.18B
| $351K | ﹤0.01% |
+2,443
| New | +$323K |
|
846
Goldman Sachs ActiveBeta US Large Cap Equity ETF
GSLC
$15.4B
| $347K | ﹤0.01% |
+3,974
| New | +$329K |
|
847
Schwab U.S Small- Cap ETF
SCHA
$23B
| $345K | ﹤0.01% |
+15,772
| New | +$329K |
|
848
Vanguard Short-Term Treasury ETF
VGSH
$29.3B
| $345K | ﹤0.01% |
+5,973
| New | +$348K |
|
849
O'Reilly Automotive
ORLY
$76.3B
| $344K | ﹤0.01% |
5,400
+990
| +22% | +$60.5K |
|
850
Sprout Social
SPT
$519M
| $343K | ﹤0.01% |
+7,430
| New | +$353K |
|
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.