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 | |
|---|---|---|---|---|---|---|
|
VRNT
201
DELISTED
Verint Systems
VRNT
| $56.8M | 0.04% |
1,249,451
-1,316,347
| -51% | -$58.9M |
|
202
ATI
ATI
$28B
| $55.9M | 0.04% |
2,655,038
+63,373
| +2% | +$1.24M |
|
203
Knowles
KN
$3.38B
| $55.4M | 0.04% |
2,648,777
-185,704
| -7% | -$3.78M |
|
|
PDCE
204
DELISTED
PDC Energy, Inc.
PDCE
| $55.1M | 0.04% |
1,603,060
-127,113
| -7% | -$3.82M |
|
205
iShares MSCI Japan ETF
EWJ
$22.5B
| $52.7M | 0.04% |
769,592
-2,385
| -0.3% | -$165K |
|
206
NETSCOUT
NTCT
$2.98B
| $52.4M | 0.04% |
1,860,412
-80,983
| -4% | -$2.37M |
|
207
First American
FAF
$7.66B
| $52M | 0.04% |
917,769
-70,549
| -7% | -$3.85M |
|
|
MZTI
208
The Marzetti Company
MZTI
$3.05B
| $49.8M | 0.04% |
283,972
-10,458
| -4% | -$1.87M |
|
209
Gerdau
GGB
$10.1B
| $49.7M | 0.04% |
11,732,746
+518,441
| +5% | +$1.96M |
|
210
HubSpot
HUBS
$12.8B
| $49.5M | 0.03% |
109,058
-7,468
| -6% | -$3.28M |
|
211
Medpace
MEDP
$16.4B
| $48.2M | 0.03% |
293,752
-2,408
| -0.8% | -$368K |
|
212
Plexus
PLXS
$7.35B
| $47.6M | 0.03% |
518,195
-37,684
| -7% | -$3.2M |
|
213
Wintrust Financial
WTFC
$10.9B
| $46.3M | 0.03% |
610,283
-46,405
| -7% | -$3.32M |
|
214
Deere & Co
DE
$165B
| $45.5M | 0.03% |
121,558
-3,758
| -3% | -$1.23M |
|
215
Century Aluminum
CENX
$4.64B
| $45.3M | 0.03% |
2,565,170
+83,879
| +3% | +$1.2M |
|
|
UMPQ
216
DELISTED
Umpqua Holdings Corp
UMPQ
| $45.3M | 0.03% |
2,578,785
-101,284
| -4% | -$1.71M |
|
217
Qualcomm
QCOM
$165B
| $45.1M | 0.03% |
339,893
+2,103
| +0.6% | +$303K |
|
218
Emergent Biosolutions
EBS
$389M
| $44.8M | 0.03% |
481,732
-3,624
| -0.7% | -$371K |
|
219
Webster Financial
WBS
$12.8B
| $44.6M | 0.03% |
808,553
-64,217
| -7% | -$3.42M |
|
220
Integra LifeSciences
IART
$1.38B
| $44.5M | 0.03% |
644,182
-32,572
| -5% | -$2.21M |
|
|
INVX
221
Innovex International
INVX
$2.13B
| $43M | 0.03% |
1,294,474
-71,030
| -5% | -$2.44M |
|
|
JHG
222
DELISTED
Janus Henderson
JHG
| $42M | 0.03% |
1,348,702
-73,686
| -5% | -$2.32M |
|
|
DENN
223
DELISTED
Denny's
DENN
| $41.5M | 0.03% |
2,290,376
-94,054
| -4% | -$1.6M |
|
224
iShares US Financials ETF
IYF
$4.63B
| $40.8M | 0.03% |
545,391
+41,688
| +8% | +$2.96M |
|
225
Sally Beauty Holdings
SBH
$1.48B
| $40.8M | 0.03% |
2,024,364
-149,041
| -7% | -$2.49M |
|
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.