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
|
+$2.06B |
| 2 |
JPMorgan Chase
JPM
|
+$852M |
| 3 |
ConocoPhillips
COP
|
+$511M |
| 4 |
NVIDIA
NVDA
|
+$388M |
| 5 |
Microsoft
MSFT
|
+$272M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$1.32B |
| 2 |
Ford
F
|
+$765M |
| 3 |
Walt Disney
DIS
|
+$721M |
| 4 |
General Motors
GM
|
+$216M |
| 5 |
NXP Semiconductors
NXPI
|
+$130M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 29.7% |
| 2 | Financials | 12.38% |
| 3 | Healthcare | 9.97% |
| 4 | Miscellaneous | 9.9% |
| 5 | Consumer Discretionary | 8.89% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
Apple
AAPL
$4.91T
| $13.7B | 5.6% |
58,615,053
+1,112,033
| +2% | +$248M |
2013 Q2
45 quarters
|
|
|
2
Microsoft
MSFT
$3.97T
| $12B | 4.92% |
27,904,450
+636,713
| +2% | +$272M |
2013 Q2
45 quarters
|
|
|
3
NVIDIA
NVDA
$5.54T
| $11.7B | 4.81% |
96,720,707
+3,283,380
| +4% | +$388M |
2017 Q4
27 quarters
|
|
4
Amazon
AMZN
$2.83T
| $8.32B | 3.41% |
44,653,571
+873,174
| +2% | +$159M |
2013 Q2
45 quarters
|
|
5
Alphabet (Google) Class A
GOOGL
$4.3T
| $8.27B | 3.39% |
49,857,900
+1,237,385
| +3% | +$208M |
2015 Q4
35 quarters
|
|
6
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$67.7B
| $7.41B | 3.04% |
88,494,611
-1,341,509
| -1% | -$110M |
2013 Q2
45 quarters
|
|
7
TSMC
TSM
$2.35T
| $5B | 2.05% |
28,767,106
+359,854
| +1% | +$61.3M |
2013 Q2
45 quarters
|
|
8
Eli Lilly
LLY
$1.05T
| $4.48B | 1.84% |
5,058,101
+169,391
| +3% | +$152M |
2013 Q4
43 quarters
|
|
|
9
iShares 7-10 Year Treasury Bond ETF
IEF
$41.5B
| $4.09B | 1.67% |
41,653,513
+21,282,662
| +104% | +$2.06B |
2021 Q1
14 quarters
|
|
10
Broadcom
AVGO
$1.73T
| $4.04B | 1.66% |
23,422,781
+875,921
| +4% | +$140M |
2017 Q4
27 quarters
|
|
11
Advanced Micro Devices
AMD
$993B
| $3.9B | 1.6% |
23,795,236
+644,039
| +3% | +$97.9M |
2020 Q1
18 quarters
|
|
12
Walmart Inc
WMT
$883B
| $3.85B | 1.58% |
47,659,844
+2,107,197
| +5% | +$155M |
2013 Q2
45 quarters
|
|
13
Home Depot
HD
$290B
| $3.82B | 1.57% |
9,426,649
+205,954
| +2% | +$75.1M |
2013 Q2
45 quarters
|
|
14
Meta Platforms (Facebook)
META
$1.83T
| $3.76B | 1.54% |
6,565,134
+289,207
| +5% | +$149M |
2014 Q1
42 quarters
|
|
|
15
JPMorgan Chase
JPM
$885B
| $3.54B | 1.45% |
16,784,272
+4,043,841
| +32% | +$852M |
2013 Q2
45 quarters
|
|
16
Caterpillar
CAT
$368B
| $3.5B | 1.43% |
8,952,632
+205,012
| +2% | +$70.8M |
2013 Q2
45 quarters
|
|
17
ExxonMobil
XOM
$695B
| $3.42B | 1.4% |
29,197,557
+949,875
| +3% | +$110M |
2013 Q2
45 quarters
|
|
18
Salesforce
CRM
$189B
| $3.36B | 1.38% |
12,276,551
+314,530
| +3% | +$80.6M |
2015 Q3
36 quarters
|
|
19
Procter & Gamble
PG
$351B
| $3.18B | 1.3% |
18,380,610
+830,476
| +5% | +$141M |
2013 Q2
45 quarters
|
|
20
Netflix
NFLX
$293B
| $3.18B | 1.3% |
44,819,390
+1,239,870
| +3% | +$82.9M |
2017 Q1
30 quarters
|
|
21
Oracle
ORCL
$429B
| $3.05B | 1.25% |
17,898,029
+310,709
| +2% | +$45M |
2013 Q2
45 quarters
|
|
22
Goldman Sachs
GS
$261B
| $2.99B | 1.23% |
6,042,640
+161,133
| +3% | +$78.8M |
2013 Q2
45 quarters
|
|
23
Freeport-McMoran
FCX
$106B
| $2.97B | 1.22% |
59,409,395
+1,392,494
| +2% | +$62.8M |
2018 Q2
25 quarters
|
|
24
Chevron
CVX
$416B
| $2.87B | 1.18% |
19,482,388
+672,244
| +4% | +$100M |
2013 Q2
45 quarters
|
|
25
Costco
COST
$420B
| $2.69B | 1.1% |
3,034,491
+78,590
| +3% | +$68.2M |
2014 Q3
40 quarters
|
|
Similar funds
Fisher Asset Management's Q3 2024 Portfolio in Review
As of Q3 2024, Fisher Asset Management held 1,039 positions worth $244B, up 6.2% from $230B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Fisher Asset Management's Q3 2024 filing shows 53 new, 415 increased, 393 reduced and 120 closed positions. Its largest new stake was Nu Holdings: 7,231,070 shares worth $98.7M. The largest sale was iShares iBoxx $ Investment Grade Corporate Bond ETF, an estimated $1.32B.
By sector, the portfolio is most concentrated in Technology at 30% of assets, down from 31% a quarter earlier, followed by Financials and Healthcare.
- Fisher Asset Management's largest Q3 2024 buy was Nu Holdings: 7,231,070 shares worth $98.7M.
- Fisher Asset Management added most to iShares 7-10 Year Treasury Bond ETF in Q3 2024, an estimated $2.06B increase.
- Fisher Asset Management's biggest Q3 2024 reduction was iShares iBoxx $ Investment Grade Corporate Bond ETF, cutting an estimated $1.32B.
- Fisher Asset Management fully exited ENVESTNET, INC. in Q3 2024, selling an estimated $49.4M.
- Fisher Asset Management's ten largest holdings make up 32% of its $244B portfolio in Q3 2024.
- Fisher Asset Management opened 53 new positions and closed 120 in Q3 2024.
- Fisher Asset Management's portfolio value rose 6.2% quarter-over-quarter to $244B.
Based on Fisher Asset Management's 13F filing for Q3 2024, filed 12 Nov 2024.