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 |
GE Vernova
GEV
|
+$3.63B |
| 2 |
GE Aerospace
GE
|
+$3.62B |
| 3 |
Cisco
CSCO
|
+$1.68B |
| 4 |
UnitedHealth
UNH
|
+$1.42B |
| 5 |
Merck
MRK
|
+$1.41B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Canadian Natural Resources
CNQ
|
+$1.97B |
| 2 |
ConocoPhillips
COP
|
+$1.69B |
| 3 |
ING
ING
|
+$1.3B |
| 4 |
Chevron
CVX
|
+$973M |
| 5 |
Johnson Controls International
JCI
|
+$954M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.63% |
| 2 | Financials | 16.68% |
| 3 | Industrials | 13.38% |
| 4 | Miscellaneous | 10.91% |
| 5 | Healthcare | 10.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
76
Carrier Global
CARR
$45.4B
| $957M | 0.29% |
13,047,300
+17,498
| +0.1% | +$1.14M |
2020 Q2
24 quarters
|
|
77
Invesco QQQ Trust
QQQ
$474B
| $931M | 0.28% |
1,264,238
-38,174
| -3% | -$26.3M |
2013 Q2
52 quarters
|
|
78
Capital One
COF
$123B
| $906M | 0.27% |
4,515,704
-2,065,411
| -31% | -$395M |
2016 Q2
40 quarters
|
|
79
Danaher
DHR
$161B
| $854M | 0.25% |
4,484,774
-121,660
| -3% | -$22.1M |
2015 Q4
42 quarters
|
|
80
Trane Technologies
TT
$101B
| $845M | 0.25% |
1,720,275
-141,179
| -8% | -$66M |
2016 Q4
38 quarters
|
|
81
Portfolio Building Block World Pharma and Biotech Index ETF
PBPH
$1.02B
| $844M | 0.25% |
31,067,084
+3,026,225
| +11% | +$77.1M |
2026 Q1
1 quarter
|
|
82
ServiceNow
NOW
$146B
| $796M | 0.24% |
8,018,318
-14,634
| -0.2% | -$1.45M |
2019 Q1
29 quarters
|
|
83
iShares MSCI Europe Financials ETF
EUFN
$3.65B
| $730M | 0.22% |
18,725,785
-1,431,087
| -7% | -$54.2M |
2016 Q2
40 quarters
|
|
84
State Street Industrial Select Sector SPDR ETF
XLI
$30.6B
| $713M | 0.21% |
3,847,445
+885,554
| +30% | +$154M |
2019 Q3
27 quarters
|
|
85
Vanguard FTSE Developed Markets ETF
VEA
$228B
| $681M | 0.2% |
9,551,551
+12,837
| +0.1% | +$894K |
2013 Q3
51 quarters
|
|
86
TotalEnergies
TTE
$201B
| $622M | 0.19% |
8,003,901
-9,949,287
| -55% | -$880M |
2018 Q1
33 quarters
|
|
87
PACCAR
PCAR
$58.3B
| $615M | 0.18% |
5,116,729
+9,726
| +0.2% | +$1.15M |
2023 Q1
13 quarters
|
|
88
iShares Global Industrials ETF
EXI
$1.43B
| $607M | 0.18% |
3,027,680
+272,789
| +10% | +$53M |
2019 Q2
28 quarters
|
|
89
Salesforce
CRM
$199B
| $600M | 0.18% |
3,832,253
-59,449
| -2% | -$10.5M |
2015 Q3
43 quarters
|
|
90
Alphabet (Google) Class C
GOOG
$4.11T
| $598M | 0.18% |
1,693,700
-28,764
| -2% | -$10.3M |
2013 Q2
52 quarters
|
|
91
Portfolio Building Block European Banks Index ETF
PBEU
$419M
| $582M | 0.17% |
17,734,791
+1,858,303
| +12% | +$56.8M |
2026 Q1
1 quarter
|
|
92
Amgen
AMGN
$234B
| $576M | 0.17% |
1,589,554
+11,688
| +0.7% | +$4M |
2013 Q2
52 quarters
|
|
93
Ingersoll Rand
IR
$30.1B
| $556M | 0.17% |
6,780,683
-429,233
| -6% | -$33.2M |
2020 Q1
25 quarters
|
|
94
Coca-Cola
KO
$402B
| $530M | 0.16% |
6,518,291
+54,324
| +0.8% | +$4.29M |
2013 Q2
52 quarters
|
|
95
Parker-Hannifin
PH
$122B
| $517M | 0.15% |
528,838
+19,261
| +4% | +$17.6M |
2022 Q3
15 quarters
|
|
96
iShares Global Consumer Staples ETF
KXI
$1.21B
| $490M | 0.15% |
7,262,318
+583,894
| +9% | +$39.7M |
2017 Q4
34 quarters
|
|
97
Alibaba
BABA
$270B
| $489M | 0.15% |
5,096,418
-25,717
| -0.5% | -$3.22M |
2015 Q2
44 quarters
|
|
98
Southern Copper
SCCO
$169B
| $486M | 0.14% |
2,822,889
+463,298
| +20% | +$83.2M |
2018 Q2
32 quarters
|
|
99
Rockwell Automation
ROK
$47.2B
| $475M | 0.14% |
959,431
+32,343
| +3% | +$14.1M |
2013 Q2
52 quarters
|
|
100
Banco Santander
SAN
$192B
| $454M | 0.14% |
32,885,780
-6,632,075
| -17% | -$82.2M |
2013 Q2
52 quarters
|
|
Similar funds
Fisher Asset Management's Q2 2026 Portfolio in Review
As of Q2 2026, Fisher Asset Management held 1,138 positions worth $336B, up 14% from $295B the previous quarter. Its ten largest holdings account for 36% of the portfolio.
Fisher Asset Management's Q2 2026 filing shows 122 new, 384 increased, 501 reduced and 101 closed positions. Its largest new stake was Honeywell Aerospace: 74,226 shares worth $16.4M. The largest sale was Canadian Natural Resources, an estimated $1.97B.
By sector, the portfolio is most concentrated in Technology at 26% of assets, up from 23% a quarter earlier, followed by Financials and Industrials.
- Fisher Asset Management's largest Q2 2026 buy was Honeywell Aerospace: 74,226 shares worth $16.4M.
- Fisher Asset Management added most to GE Vernova in Q2 2026, an estimated $3.63B increase.
- Fisher Asset Management's biggest Q2 2026 reduction was Canadian Natural Resources, cutting an estimated $1.97B.
- Fisher Asset Management fully exited Arcosa in Q2 2026, selling an estimated $11.1M.
- Fisher Asset Management's ten largest holdings make up 36% of its $336B portfolio in Q2 2026.
- Fisher Asset Management opened 122 new positions and closed 101 in Q2 2026.
- Fisher Asset Management's portfolio value rose 14% quarter-over-quarter to $336B.
Based on Fisher Asset Management's 13F filing for Q2 2026, filed 4 Aug 2026.