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 |
iShares 7-10 Year Treasury Bond ETF
IEF
|
+$1.03B |
| 2 |
State Street SPDR Portfolio Long Term Treasury ETF
SPTL
|
+$692M |
| 3 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$542M |
| 4 |
Apple
AAPL
|
+$197M |
| 5 |
Amazon
AMZN
|
+$157M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MBS ETF
MBB
|
+$853M |
| 2 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$225M |
| 3 |
Xtrackers USD High Yield Corporate Bond ETF
HYLB
|
+$215M |
| 4 |
iShares Broad USD High Yield Corporate Bond ETF
USHY
|
+$153M |
| 5 |
TSMC
TSM
|
+$124M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.52% |
| 2 | Financials | 12.28% |
| 3 | Consumer Discretionary | 11.76% |
| 4 | Healthcare | 9.84% |
| 5 | Communication Services | 7.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
176
Unilever
UL
$137B
| $78.1M | 0.06% |
1,243,329
+832,180
| +202% | +$53M |
|
177
Artisan Partners
APAM
$3.03B
| $78.1M | 0.06% |
1,496,557
-72,855
| -5% | -$3.72M |
|
178
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$22.8B
| $77.8M | 0.05% |
926,020
+72,832
| +9% | +$6.06M |
|
|
BECN
179
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $77.6M | 0.05% |
1,483,116
-88,545
| -6% | -$4.13M |
|
180
Regal Rexnord
RRX
$12B
| $77.4M | 0.05% |
542,328
-33,666
| -6% | -$4.62M |
|
181
Azenta
AZTA
$1.42B
| $77.3M | 0.05% |
946,841
-73,958
| -7% | -$5.96M |
|
182
iShares Semiconductor ETF
SOXX
$48.1B
| $77M | 0.05% |
545,022
-23,292
| -4% | -$3.19M |
|
183
Chemed
CHE
$7.15B
| $76.5M | 0.05% |
166,266
-9,282
| -5% | -$4.55M |
|
|
HRC
184
DELISTED
HILL-ROM HOLDINGS, INC.
HRC
| $76M | 0.05% |
688,159
-37,127
| -5% | -$3.87M |
|
185
Polaris
PII
$4.01B
| $75.2M | 0.05% |
563,077
-43,078
| -7% | -$5.25M |
|
186
iShares Global Energy ETF
IXC
$2.78B
| $73.3M | 0.05% |
2,971,988
+141,466
| +5% | +$3.34M |
|
187
Onto Innovation
ONTO
$13.4B
| $70.7M | 0.05% |
1,075,258
-65,405
| -6% | -$3.9M |
|
188
Devon Energy
DVN
$49.6B
| $70.3M | 0.05% |
3,216,005
+216,546
| +7% | +$4.46M |
|
189
Charles River Laboratories
CRL
$12.5B
| $69M | 0.05% |
238,128
-3,411
| -1% | -$948K |
|
190
New Oriental
EDU
$8.93B
| $68.9M | 0.05% |
492,274
-17,260
| -3% | -$3.01M |
|
191
HUB Group
HUBG
$2.82B
| $66.1M | 0.05% |
1,963,970
-88,554
| -4% | -$2.66M |
|
192
WIX.com
WIX
$2.58B
| $62M | 0.04% |
222,156
-1,191
| -0.5% | -$340K |
|
193
Fair Isaac
FICO
$22.3B
| $61.1M | 0.04% |
125,795
-2,136
| -2% | -$1.02M |
|
194
Invesco NASDAQ Internet ETF
PNQI
$539M
| $61M | 0.04% |
1,322,195
+120,330
| +10% | +$5.75M |
|
195
Lazard
LAZ
$4.25B
| $60.5M | 0.04% |
1,390,467
-83,163
| -6% | -$3.54M |
|
196
Integer Holdings
ITGR
$4.25B
| $59.2M | 0.04% |
642,599
-50,516
| -7% | -$4.27M |
|
197
Boeing
BA
$184B
| $58.1M | 0.04% |
228,127
-4,155
| -2% | -$924K |
|
|
NUVA
198
DELISTED
NuVasive, Inc.
NUVA
| $58M | 0.04% |
885,101
-59,060
| -6% | -$3.54M |
|
199
Bank of America
BAC
$440B
| $57.7M | 0.04% |
1,490,314
-24,820
| -2% | -$856K |
|
200
State Street Health Care Select Sector SPDR ETF
XLV
$42.1B
| $57.3M | 0.04% |
491,117
+34,944
| +8% | +$4.03M |
|
Similar funds
Fisher Asset Management's Q1 2021 Portfolio in Review
As of Q1 2021, Fisher Asset Management held 1,105 positions worth $142B, up 6.4% from $133B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Fisher Asset Management's Q1 2021 filing shows 95 new, 327 increased, 470 reduced and 106 closed positions. Its largest new stake was iShares 7-10 Year Treasury Bond ETF: 8,801,434 shares worth $994M. The largest sale was iShares MBS ETF, an estimated $853M.
By sector, the portfolio is most concentrated in Technology at 26% of assets, down from 26% a quarter earlier, followed by Financials and Consumer Discretionary.
- Fisher Asset Management's largest Q1 2021 buy was iShares 7-10 Year Treasury Bond ETF: 8,801,434 shares worth $994M.
- Fisher Asset Management added most to State Street SPDR Portfolio Long Term Treasury ETF in Q1 2021, an estimated $692M increase.
- Fisher Asset Management's biggest Q1 2021 reduction was iShares MBS ETF, cutting an estimated $853M.
- Fisher Asset Management fully exited Mid-America Apartment Communities in Q1 2021, selling an estimated $38.3M.
- Fisher Asset Management's ten largest holdings make up 31% of its $142B portfolio in Q1 2021.
- Fisher Asset Management opened 95 new positions and closed 106 in Q1 2021.
- Fisher Asset Management's portfolio value rose 6.4% quarter-over-quarter to $142B.
Based on Fisher Asset Management's 13F filing for Q1 2021, filed 27 Apr 2021.