Ken Fisher's Q4 2022 Portfolio Analysis: Top Holdings, Buys, and Sells
Feb. 03, 2023 06:35 PMThe latest portfolio of Fisher Asset Management, LLC for the fourth quarter of 2022 has been released with a reported value of $148 billion. The portfolio is spread across 1025 stocks, reflecting the investment philosophy of the firm, which aims to diversify its holdings across a wide range of companies and sectors.
The examination of the 13F form reveals an increase in the current position value of the portfolio, growing from $133 billion to $148 billion, a significant jump of $14.5 billion. This increase can be attributed to a combination of positive market performance and strategic investments made by the firm.
It is noteworthy to mention that the portfolio is managed by Ken Fisher, a seasoned investor with a long history of success in the financial industry. Fisher Asset Management has a reputation for taking a long-term view of the market and selecting investments that are likely to produce strong returns over the years.
The release of the portfolio provides valuable insights into the investment strategy of Fisher Asset Management and can serve as a source of inspiration for those who are looking for new investment ideas. The portfolio provides a snapshot of the firm's holdings and can help investors understand the types of companies and sectors that Fisher Asset Management finds attractive.
Ken Fisher's Fisher Asset Management, LLC Q4 2022 Top Portfolio Holdings:
- Apple Inc. - Apple is an American multinational technology company that designs, develops, and sells consumer electronics, computer software, and online services. It is one of the world's largest technology companies by revenue and is recognized for its iconic products such as the iPhone and Mac.
- Microsoft Corporation - Microsoft is an American multinational technology company that develops, licenses, and sells computer software, consumer electronics, and personal computers and services. It is one of the largest software companies in the world and is best known for its Windows operating system and Office software suite.
- Vanguard Intermediate-Term Corporate Bond ETF - Vanguard Intermediate-Term Corporate Bond ETF (VCIT) is an exchange-traded fund (ETF) that provides exposure to a portfolio of investment-grade corporate bonds with intermediate-term maturities. It aims to provide a high level of income with moderate credit risk and low interest rate sensitivity.
- Amazon.com, Inc. - Amazon.com, Inc. is an American multinational technology company based in Seattle, Washington. It is one of the world's largest online retailers and provides a wide range of products and services to customers worldwide, including books, electronics, clothing, and more.
- Alphabet Inc. (Google) - Alphabet Inc. (Google) is an American multinational conglomerate that focuses on Internet-related services and products. It is best known for its search engine, Google, and also operates a number of other products, including Gmail, Google Maps, and Google Drive, among others.
Top Buys from Fisher Asset Management's Q4 2022 Portfolio:
- VCIT (added by 23.51%) - Vanguard Intermediate-Term Corporate Bond ETF
- ASML (added by 0.63%) - ASML Holding N.V. is a Dutch company that develops and sells photolithography systems used in the manufacturing of integrated circuits
- CAT (added by 1.37%) - Caterpillar Inc. is a multinational corporation that provides construction and mining equipment, diesel and natural gas engines, and industrial gas turbines
- FCX (added by 0.29%) - Freeport-McMoRan Inc. is an American mining company that specializes in the production of copper, gold, and molybdenum
- SPTL (added by 60.33%) - SPDR Portfolio Long Term Treasury ETF
Top Sells in Ken Fisher's Portfolio:
- Top Sells:
Brief for each company:
LQD: This is a popular investment-grade bond ETF that offers a reliable source of income through its high-quality bond holdings.
PYPL: This is a well-known financial technology company that operates a popular digital payments platform.
META: This is a healthcare technology company that provides solutions for the healthcare industry, including electronic health records and practice management systems.
TLT: This is a popular long-term Treasury bond ETF that provides exposure to U.S. Treasury bonds with remaining maturities of 15 or more years.
MRVL: This is a semiconductor company that provides solutions for the networking, storage, and cloud computing industries.
In conclusion, the portfolio of Fisher Asset Management, LLC for the fourth quarter of 2022 is a testament to the firm's commitment to delivering strong returns for its clients. The increase in the value of the portfolio is a reflection of the firm's ability to identify and invest in profitable opportunities, and provides a glimpse into the future of the firm's investment strategy.
