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 | |
|---|---|---|---|---|---|---|
176
iShares US Transportation ETF
IYT
$2.27B
| $96.2M | 0.06% |
+1,688,500
| New | +$96.6M |
|
177
Onto Innovation
ONTO
$13.4B
| $93.7M | 0.06% |
1,066,198
-45,472
| -4% | -$3.69M |
|
178
Winnebago Industries
WGO
$885M
| $93M | 0.06% |
1,612,495
-73,579
| -4% | -$4.49M |
|
179
Itaú Unibanco
ITUB
$90.2B
| $91.4M | 0.06% |
21,039,587
+1,146,031
| +6% | +$4.86M |
|
|
PC
180
DELISTED
PANASONIC CORP ADR (REP 1 SHR COM STK) (JP)
PC
| $90.2M | 0.05% |
10,152,231
+355,648
| +4% | +$3.16M |
|
|
GTLS
181
DELISTED
Chart Industries
GTLS
| $88.3M | 0.05% |
704,160
-19,643
| -3% | -$2.53M |
|
182
General Motors
GM
$76.3B
| $88.1M | 0.05% |
2,401,088
+1,841,878
| +329% | +$69.6M |
|
183
IDEX
IEX
$17.2B
| $87.1M | 0.05% |
377,114
+245,293
| +186% | +$55.7M |
|
184
Procter & Gamble
PG
$342B
| $85.5M | 0.05% |
574,928
-9,149
| -2% | -$1.31M |
|
185
Parker-Hannifin
PH
$135B
| $85M | 0.05% |
252,992
+35,408
| +16% | +$11.7M |
|
186
Lennox International
LII
$15.1B
| $84.9M | 0.05% |
336,756
+214,221
| +175% | +$54.1M |
|
187
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
$10.6B
| $83.4M | 0.05% |
2,816,196
-23,717
| -0.8% | -$700K |
|
188
Fidelity Nasdaq Composite Index ETF
ONEQ
$10.8B
| $80.1M | 0.05% |
1,670,373
-267,978
| -14% | -$12.1M |
|
189
iShares Core US Aggregate Bond ETF
AGG
$137B
| $78.7M | 0.05% |
789,484
+52,941
| +7% | +$5.23M |
|
190
Marvell Technology
MRVL
$189B
| $78.6M | 0.05% |
1,815,955
+549,625
| +43% | +$23.1M |
|
191
Pfizer
PFE
$149B
| $78.5M | 0.05% |
1,923,760
-31,983
| -2% | -$1.38M |
|
192
Novartis
NVS
$293B
| $77.7M | 0.05% |
844,188
-36,129
| -4% | -$3.16M |
|
193
iShares US Broker-Dealers & Securities Exchanges ETF
IAI
$1.36B
| $76.2M | 0.05% |
831,356
+826,392
| +16,648% | +$81.3M |
|
194
Paycom
PAYC
$10.1B
| $76M | 0.05% |
250,081
-72,871
| -23% | -$21.9M |
|
195
Haemonetics
HAE
$3.86B
| $74.4M | 0.05% |
898,828
-207,869
| -19% | -$16.8M |
|
|
BECN
196
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $74.3M | 0.05% |
1,262,559
-48,839
| -4% | -$2.86M |
|
197
Atlassian
TEAM
$28B
| $72.3M | 0.04% |
422,449
-51,319
| -11% | -$8.19M |
|
198
Kennametal
KMT
$2.58B
| $72M | 0.04% |
2,612,113
-110,250
| -4% | -$3.04M |
|
|
PDCE
199
DELISTED
PDC Energy, Inc.
PDCE
| $70.5M | 0.04% |
1,098,232
-33,838
| -3% | -$2.19M |
|
200
Lazard
LAZ
$4.22B
| $69.5M | 0.04% |
2,098,798
-128,297
| -6% | -$4.73M |
|
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.