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 |
Chevron
CVX
|
+$1.4B |
| 2 |
ExxonMobil
XOM
|
+$1.39B |
| 3 |
iShares 7-10 Year Treasury Bond ETF
IEF
|
+$932M |
| 4 |
Procter & Gamble
PG
|
+$925M |
| 5 |
Walmart Inc
WMT
|
+$834M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ASML
ASML
|
+$1.66B |
| 2 |
Salesforce
CRM
|
+$1.17B |
| 3 |
Lam Research
LRCX
|
+$974M |
| 4 |
iShares Broad USD High Yield Corporate Bond ETF
USHY
|
+$972M |
| 5 |
Applied Materials
AMAT
|
+$323M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 28.72% |
| 2 | Financials | 12.27% |
| 3 | Healthcare | 10.07% |
| 4 | Consumer Discretionary | 9.98% |
| 5 | Industrials | 7.73% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
851
Corning
GLW
$135B
| $329K | ﹤0.01% |
9,988
-6,659
| -40% | -$212K |
|
852
Nuveen NASDAQ 100 Dynamic Overwrite Fund
QQQX
$1.48B
| $329K | ﹤0.01% |
+13,612
| New | +$320K |
|
853
Constellation Brands
STZ
$22.6B
| $328K | ﹤0.01% |
+1,208
| New | +$306K |
|
854
Corteva
CTVA
$51.3B
| $328K | ﹤0.01% |
5,692
-3,688
| -39% | -$190K |
|
855
Lyft
LYFT
$6.19B
| $328K | ﹤0.01% |
16,945
-18,243
| -52% | -$280K |
|
856
iShares S&P Mid-Cap 400 Growth ETF
IJK
$11B
| $328K | ﹤0.01% |
+3,593
| New | +$300K |
|
857
Zoom
ZM
$29.7B
| $319K | ﹤0.01% |
4,882
-289
| -6% | -$19.3K |
|
858
iShares Russell 2000 Value ETF
IWN
$14.5B
| $319K | ﹤0.01% |
2,008
-364
| -15% | -$55.1K |
|
859
iShares MSCI South Korea ETF
EWY
$23.8B
| $318K | ﹤0.01% |
4,739
-1,493
| -24% | -$94.7K |
|
860
Entergy
ETR
$49.7B
| $318K | ﹤0.01% |
6,018
+62
| +1% | +$3.14K |
|
861
STMicroelectronics
STM
$47.5B
| $310K | ﹤0.01% |
7,179
-1,952
| -21% | -$88.1K |
|
|
SCHR
862
Schwab Intermediately-Term US Treasury ETF
SCHR
$13.3B
| $307K | ﹤0.01% |
12,504
-3,262
| -21% | -$80.2K |
|
863
Air Products & Chemicals
APD
$66.8B
| $300K | ﹤0.01% |
1,238
+66
| +6% | +$16.2K |
|
864
Schwab US Mid-Cap ETF
SCHM
$14.9B
| $299K | ﹤0.01% |
+11,010
| New | +$281K |
|
865
Schwab U.S Small- Cap ETF
SCHA
$22.8B
| $299K | ﹤0.01% |
12,134
-22
| -0.2% | -$515 |
|
866
Ameriprise Financial
AMP
$49.5B
| $295K | ﹤0.01% |
+673
| New | +$269K |
|
867
US Treasury 6 Month Bill ETF
XBIL
$741M
| $295K | ﹤0.01% |
+5,878
| New | +$294K |
|
868
Vanguard Morningstar Small-Cap Value ETF
VBR
$37.7B
| $293K | ﹤0.01% |
1,528
-1,176
| -43% | -$212K |
|
869
Genuine Parts
GPC
$18.3B
| $293K | ﹤0.01% |
1,890
-465
| -20% | -$67.8K |
|
870
Becton Dickinson
BDX
$48.8B
| $292K | ﹤0.01% |
1,179
-113
| -9% | -$27.1K |
|
871
iShares Core Dividend Growth ETF
DGRO
$43.4B
| $290K | ﹤0.01% |
5,002
-164
| -3% | -$9.11K |
|
872
Vanguard S&P Mid-Cap 400 Value ETF
IVOV
$1.35B
| $290K | ﹤0.01% |
+3,197
| New | +$275K |
|
873
Vanguard Consumer Staples ETF
VDC
$7.98B
| $289K | ﹤0.01% |
+1,418
| New | +$279K |
|
874
Imperial Oil
IMO
$61.1B
| $289K | ﹤0.01% |
4,183
+338
| +9% | +$20.6K |
|
|
FISV
875
Fiserv Inc
FISV
$28.9B
| $287K | ﹤0.01% |
1,796
-435
| -19% | -$63.4K |
|
Similar funds
Fisher Asset Management's Q1 2024 Portfolio in Review
As of Q1 2024, Fisher Asset Management held 1,068 positions worth $214B, up 13% from $189B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Fisher Asset Management's Q1 2024 filing shows 87 new, 392 increased, 448 reduced and 104 closed positions. Its largest new stake was Nomura Holdings: 8,478,338 shares worth $54.4M. The largest sale was ASML, an estimated $1.66B.
By sector, the portfolio is most concentrated in Technology at 29% of assets, down from 30% a quarter earlier, followed by Financials and Healthcare.
- Fisher Asset Management's largest Q1 2024 buy was Nomura Holdings: 8,478,338 shares worth $54.4M.
- Fisher Asset Management added most to Chevron in Q1 2024, an estimated $1.4B increase.
- Fisher Asset Management's biggest Q1 2024 reduction was ASML, cutting an estimated $1.66B.
- Fisher Asset Management fully exited Veradigm Inc. Common Stock in Q1 2024, selling an estimated $23.8M.
- Fisher Asset Management's ten largest holdings make up 31% of its $214B portfolio in Q1 2024.
- Fisher Asset Management opened 87 new positions and closed 104 in Q1 2024.
- Fisher Asset Management's portfolio value rose 13% quarter-over-quarter to $214B.
Based on Fisher Asset Management's 13F filing for Q1 2024, filed 9 May 2024.