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 |
PepsiCo
PEP
|
+$821M |
| 2 |
UnitedHealth
UNH
|
+$757M |
| 3 |
Procter & Gamble
PG
|
+$646M |
| 4 |
ExxonMobil
XOM
|
+$580M |
| 5 |
Broadcom
AVGO
|
+$544M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
XYZ
Block Inc
XYZ
|
+$700M |
| 2 |
SLB Ltd
SLB
|
+$562M |
| 3 |
PayPal
PYPL
|
+$554M |
| 4 |
Target
TGT
|
+$476M |
| 5 |
Uber
UBER
|
+$428M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 27.95% |
| 2 | Financials | 10.94% |
| 3 | Healthcare | 9.68% |
| 4 | Consumer Discretionary | 9.44% |
| 5 | Industrials | 7.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
Atlassian
TEAM
$26.3B
| $70.3M | 0.04% |
418,886
-3,563
| -0.8% | -$571K |
|
202
Artisan Partners
APAM
$2.99B
| $70.1M | 0.04% |
1,784,123
+41,824
| +2% | +$1.44M |
|
203
Herc Holdings
HRI
$5.48B
| $69.9M | 0.04% |
510,661
+5,780
| +1% | +$640K |
|
204
Paycom
PAYC
$7.86B
| $68.5M | 0.04% |
213,361
-36,720
| -15% | -$10.8M |
|
205
State Street SPDR S&P Retail ETF
XRT
$329M
| $68.2M | 0.04% |
1,069,131
+79,752
| +8% | +$4.89M |
|
206
Lazard
LAZ
$4.21B
| $67.5M | 0.04% |
2,108,181
+9,383
| +0.4% | +$290K |
|
207
HUB Group
HUBG
$2.83B
| $65.9M | 0.04% |
1,639,780
+4,400
| +0.3% | +$170K |
|
208
Qorvo
QRVO
$7.89B
| $64M | 0.04% |
627,067
-14,270
| -2% | -$1.37M |
|
209
Vericel Corp
VCEL
$2.36B
| $63.6M | 0.04% |
1,692,767
-21,800
| -1% | -$717K |
|
210
iShares MSCI Japan ETF
EWJ
$22B
| $63.6M | 0.04% |
1,026,918
+33,788
| +3% | +$2.04M |
|
|
JHG
211
DELISTED
Janus Henderson
JHG
| $63.5M | 0.04% |
2,331,812
+75,495
| +3% | +$2.01M |
|
|
CALY
212
Callaway Golf Company
CALY
$3.43B
| $61.1M | 0.03% |
3,078,369
+13,315
| +0.4% | +$266K |
|
213
Goodyear
GT
$2.02B
| $58.3M | 0.03% |
4,260,818
-5,266
| -0.1% | -$65.8K |
|
214
United Microelectronic
UMC
$46.9B
| $56.8M | 0.03% |
7,200,372
+986,258
| +16% | +$8.12M |
|
215
Helen of Troy
HELE
$676M
| $55M | 0.03% |
508,742
+6,076
| +1% | +$582K |
|
|
ENV
216
DELISTED
ENVESTNET, INC.
ENV
| $54.8M | 0.03% |
924,130
+26,961
| +3% | +$1.56M |
|
217
MKS Inc
MKSI
$20.9B
| $54.3M | 0.03% |
501,980
-4,370
| -0.9% | -$400K |
|
218
Invesco
IVZ
$13.6B
| $54.2M | 0.03% |
3,223,116
+137,659
| +4% | +$2.22M |
|
|
GAP
219
The Gap Inc
GAP
$7.38B
| $54.1M | 0.03% |
6,053,936
+12,228
| +0.2% | +$109K |
|
220
East-West Bancorp
EWBC
$18.1B
| $53.5M | 0.03% |
1,014,269
+5,133
| +0.5% | +$260K |
|
221
Azenta
AZTA
$1.38B
| $51.9M | 0.03% |
1,111,869
+9,239
| +0.8% | +$405K |
|
222
Veracyte
VCYT
$3.58B
| $51M | 0.03% |
2,001,235
+1,194
| +0.1% | +$28.9K |
|
|
BPMC
223
DELISTED
Blueprint Medicines
BPMC
| $50.5M | 0.03% |
799,381
+5,310
| +0.7% | +$289K |
|
|
DVAX
224
DELISTED
Dynavax Technologies
DVAX
| $50.4M | 0.03% |
3,900,949
+14,424
| +0.4% | +$164K |
|
|
JWN
225
DELISTED
Nordstrom
JWN
| $50.2M | 0.03% |
2,454,375
+67,633
| +3% | +$1.14M |
|
Similar funds
Fisher Asset Management's Q2 2023 Portfolio in Review
As of Q2 2023, Fisher Asset Management held 1,244 positions worth $181B, up 9.9% from $165B the previous quarter. Its ten largest holdings account for 28% of the portfolio.
Fisher Asset Management's Q2 2023 filing shows 109 new, 547 increased, 343 reduced and 81 closed positions. Its largest new stake was CNB Financial Corp: 67,868 shares worth $1.2M. The largest sale was Block Inc, an estimated $700M.
By sector, the portfolio is most concentrated in Technology at 28% of assets, up from 27% a quarter earlier, followed by Financials and Healthcare.
- Fisher Asset Management's largest Q2 2023 buy was CNB Financial Corp: 67,868 shares worth $1.2M.
- Fisher Asset Management added most to PepsiCo in Q2 2023, an estimated $821M increase.
- Fisher Asset Management's biggest Q2 2023 reduction was Block Inc, cutting an estimated $700M.
- Fisher Asset Management fully exited Mechanics Bancorp in Q2 2023, selling an estimated $1.17M.
- Fisher Asset Management's ten largest holdings make up 28% of its $181B portfolio in Q2 2023.
- Fisher Asset Management opened 109 new positions and closed 81 in Q2 2023.
- Fisher Asset Management's portfolio value rose 9.9% quarter-over-quarter to $181B.
Based on Fisher Asset Management's 13F filing for Q2 2023, filed 8 Aug 2023.