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 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$821M |
| 2 |
State Street SPDR Portfolio Long Term Treasury ETF
SPTL
|
+$568M |
| 3 |
Advanced Micro Devices
AMD
|
+$428M |
| 4 |
XYZ
Block Inc
XYZ
|
+$419M |
| 5 |
VanEck Semiconductor ETF
SMH
|
+$333M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$683M |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$488M |
| 3 |
Marvell Technology
MRVL
|
+$420M |
| 4 |
iShares Expanded Tech-Software Sector ETF
IGV
|
+$375M |
| 5 |
PayPal
PYPL
|
+$326M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.02% |
| 2 | Financials | 12.11% |
| 3 | Healthcare | 10.27% |
| 4 | Consumer Discretionary | 8.74% |
| 5 | Industrials | 6.96% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
Qorvo
QRVO
$8.4B
| $60.7M | 0.04% |
670,104
+9,336
| +1% | +$843K |
|
|
PACW
202
DELISTED
PacWest Bancorp
PACW
| $59.5M | 0.04% |
2,593,934
+729,761
| +39% | +$17.7M |
|
203
Littelfuse
LFUS
$11.7B
| $58.9M | 0.04% |
267,594
-7,758
| -3% | -$1.73M |
|
204
Revolve Group
RVLV
$1.81B
| $58.7M | 0.04% |
2,637,604
+10,900
| +0.4% | +$262K |
|
205
Helen of Troy
HELE
$689M
| $58.2M | 0.04% |
525,165
+45,426
| +9% | +$4.42M |
|
|
ENV
206
DELISTED
ENVESTNET, INC.
ENV
| $58.2M | 0.04% |
942,948
+5,656
| +0.6% | +$301K |
|
207
Regal Rexnord
RRX
$12.2B
| $58M | 0.04% |
483,791
-16,308
| -3% | -$2.14M |
|
208
Wintrust Financial
WTFC
$10.9B
| $57.1M | 0.04% |
676,069
-23,923
| -3% | -$2.11M |
|
209
Rockwell Automation
ROK
$50.1B
| $57.1M | 0.04% |
221,778
+7,418
| +3% | +$1.86M |
|
|
JHG
210
DELISTED
Janus Henderson
JHG
| $56.3M | 0.04% |
2,395,747
+33,468
| +1% | +$785K |
|
|
AZPN
211
DELISTED
Aspen Technology Inc
AZPN
| $55.1M | 0.04% |
268,412
-123,169
| -31% | -$28.6M |
|
212
Artisan Partners
APAM
$3.04B
| $55M | 0.04% |
1,850,500
+25,877
| +1% | +$795K |
|
213
Charles River Laboratories
CRL
$12.6B
| $54.7M | 0.04% |
251,140
+10,381
| +4% | +$2.27M |
|
|
UMPQ
214
DELISTED
Umpqua Holdings Corp
UMPQ
| $53.6M | 0.04% |
3,005,307
-58,888
| -2% | -$1.11M |
|
215
iShares MBS ETF
MBB
$39.1B
| $52.4M | 0.04% |
565,093
+25,725
| +5% | +$2.37M |
|
216
iShares MSCI Japan ETF
EWJ
$22.5B
| $52.3M | 0.04% |
961,577
+27,894
| +3% | +$1.47M |
|
217
BioCryst Pharmaceuticals
BCRX
$2.31B
| $50.9M | 0.03% |
4,431,114
-732,731
| -14% | -$9.14M |
|
218
Veracyte
VCYT
$3.71B
| $49.5M | 0.03% |
2,085,604
+348,096
| +20% | +$8.09M |
|
219
Invesco NASDAQ Internet ETF
PNQI
$542M
| $48M | 0.03% |
2,138,700
+331,830
| +18% | +$7.65M |
|
|
TMHC
220
DELISTED
Taylor Morrison
TMHC
| $47.4M | 0.03% |
1,563,247
+1,439,201
| +1,160% | +$40.1M |
|
|
MZTI
221
The Marzetti Company
MZTI
$3.05B
| $47.1M | 0.03% |
238,930
+2,472
| +1% | +$470K |
|
222
iShares Core MSCI Europe ETF
IEUR
$9.09B
| $47M | 0.03% |
990,233
-60,940
| -6% | -$2.75M |
|
|
223
Marvell Technology
MRVL
$189B
| $46.9M | 0.03% |
1,266,330
-10,290,635
| -89% | -$420M |
|
224
Helmerich & Payne
HP
$3.33B
| $46.5M | 0.03% |
938,926
-73,763
| -7% | -$3.51M |
|
225
Vericel Corp
VCEL
$2.32B
| $46.4M | 0.03% |
1,760,522
+338,887
| +24% | +$8.07M |
|
Similar funds
Fisher Asset Management's Q4 2022 Portfolio in Review
As of Q4 2022, Fisher Asset Management held 1,228 positions worth $148B, up 11% from $133B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Fisher Asset Management's Q4 2022 filing shows 150 new, 438 increased, 394 reduced and 203 closed positions. Its largest new stake was Macerich: 4,023,537 shares worth $45.3M. The largest sale was iShares iBoxx $ Investment Grade Corporate Bond ETF, an estimated $683M.
By sector, the portfolio is most concentrated in Technology at 25% of assets, down from 26% a quarter earlier, followed by Financials and Healthcare.
- Fisher Asset Management's largest Q4 2022 buy was Macerich: 4,023,537 shares worth $45.3M.
- Fisher Asset Management added most to Vanguard Intermediate-Term Corporate Bond ETF in Q4 2022, an estimated $821M increase.
- Fisher Asset Management's biggest Q4 2022 reduction was iShares iBoxx $ Investment Grade Corporate Bond ETF, cutting an estimated $683M.
- Fisher Asset Management fully exited Fair Isaac in Q4 2022, selling an estimated $35.3M.
- Fisher Asset Management's ten largest holdings make up 26% of its $148B portfolio in Q4 2022.
- Fisher Asset Management opened 150 new positions and closed 203 in Q4 2022.
- Fisher Asset Management's portfolio value rose 11% quarter-over-quarter to $148B.
Based on Fisher Asset Management's 13F filing for Q4 2022, filed 3 Feb 2023.