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 |
FEEU
Barclays ETN+ FI Enhanced Europe 50 ETN
FEEU
|
+$518M |
| 2 |
Citigroup
C
|
+$271M |
| 3 |
Bank of America
BAC
|
+$254M |
| 4 |
RTX Corp
RTX
|
+$233M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
+$211M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Philip Morris
PM
|
+$507M |
| 2 |
British American Tobacco
BTI
|
+$298M |
| 3 |
Vodafone
VOD
|
+$272M |
| 4 |
ABV
COMPANHIA BEBIDA ADS EACH REPSTG 1 PFD SH
ABV
|
+$267M |
| 5 |
BHP
BHP
|
+$226M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.1% |
| 2 | Technology | 14.63% |
| 3 | Healthcare | 12.33% |
| 4 | Consumer Discretionary | 7.86% |
| 5 | Industrials | 6.1% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
Cincinnati Financial
CINF
$26.7B
| $9.83M | 0.02% |
208,445
+16,000
| +8% | +$764K |
|
|
BECN
227
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $9.81M | 0.02% |
266,125
+7,125
| +3% | +$272K |
|
228
Walmart Inc
WMT
$897B
| $9.68M | 0.02% |
392,547
-749,022
| -66% | -$18.9M |
|
229
Genpact
G
$5.74B
| $9.64M | 0.02% |
510,615
-10,625
| -2% | -$212K |
|
|
JNPR
230
DELISTED
Juniper Networks
JNPR
| $9.43M | 0.02% |
474,943
-25,405
| -5% | -$524K |
|
|
AVP
231
DELISTED
Avon Products, Inc.
AVP
| $9.38M | 0.02% |
455,239
-169,370
| -27% | -$3.63M |
|
232
M&T Bank
MTB
$36.3B
| $9.34M | 0.02% |
83,464
-2,325
| -3% | -$269K |
|
|
CBD
233
DELISTED
Companhia Brasileira de Distribuicao
CBD
| $9.32M | 0.02% |
202,475
-10,775
| -5% | -$473K |
|
|
NUVA
234
DELISTED
NuVasive, Inc.
NUVA
| $9.3M | 0.02% |
379,650
+2,750
| +0.7% | +$67.7K |
|
235
Harley-Davidson
HOG
$2.72B
| $8.96M | 0.02% |
139,438
+124
| +0.1% | +$7.34K |
|
236
Hain Celestial
HAIN
$53.4M
| $8.93M | 0.02% |
231,680
-48
| -0% | -$1.81K |
|
237
Unum
UNM
$14.5B
| $8.68M | 0.02% |
285,075
+13,150
| +5% | +$404K |
|
238
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.8B
| $8.67M | 0.02% |
286,032
+27,000
| +10% | +$801K |
|
239
Northern Trust
NTRS
$34.4B
| $8.64M | 0.02% |
158,860
+7,300
| +5% | +$419K |
|
240
CVS Health
CVS
$122B
| $8.36M | 0.02% |
147,239
-11,445
| -7% | -$682K |
|
|
CA
241
DELISTED
CA, Inc.
CA
| $8.35M | 0.02% |
281,571
+13,975
| +5% | +$419K |
|
242
Emergent Biosolutions
EBS
$229M
| $8.27M | 0.02% |
434,195
+40,600
| +10% | +$725K |
|
243
Valero Energy
VLO
$90.7B
| $8.2M | 0.02% |
240,064
+13,376
| +6% | +$473K |
|
244
Cooper Companies
COO
$14.9B
| $8.13M | 0.02% |
250,600
+21,600
| +9% | +$697K |
|
245
iShares Global Tech ETF
IXN
$9.17B
| $8.04M | 0.02% |
644,958
+72,024
| +13% | +$879K |
|
246
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23.3B
| $8.03M | 0.02% |
152,446
-19,978
| -12% | -$1.05M |
|
247
CF Industries
CF
$18.4B
| $7.93M | 0.02% |
188,160
-11,000
| -6% | -$421K |
|
248
OSI Systems
OSIS
$3.83B
| $7.88M | 0.02% |
106,010
| – | – |
|
|
LSI
249
DELISTED
LSI CORPORATION
LSI
| $7.83M | 0.02% |
1,000,591
+40,468
| +4% | +$310K |
|
|
RDS.A
250
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $7.59M | 0.02% |
123,716
+1,822
| +1% | +$111K |
|
Similar funds
Fisher Asset Management's Q3 2013 Portfolio in Review
As of Q3 2013, Fisher Asset Management held 585 positions worth $40.6B, up 5.4% from $38.5B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Fisher Asset Management's Q3 2013 filing shows 60 new, 219 increased, 193 reduced and 51 closed positions. Its largest new stake was Cadence Bank: 2,667,685 shares worth $53.2M. The largest sale was Philip Morris, an estimated $507M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, up from 16% a quarter earlier, followed by Technology and Healthcare.
- Fisher Asset Management's largest Q3 2013 buy was Cadence Bank: 2,667,685 shares worth $53.2M.
- Fisher Asset Management added most to Barclays ETN+ FI Enhanced Europe 50 ETN in Q3 2013, an estimated $518M increase.
- Fisher Asset Management's biggest Q3 2013 reduction was Philip Morris, cutting an estimated $507M.
- Fisher Asset Management fully exited SAKS INCORPORATED in Q3 2013, selling an estimated $75M.
- Fisher Asset Management's ten largest holdings make up 22% of its $40.6B portfolio in Q3 2013.
- Fisher Asset Management opened 60 new positions and closed 51 in Q3 2013.
- Fisher Asset Management's portfolio value rose 5.4% quarter-over-quarter to $40.6B.
Based on Fisher Asset Management's 13F filing for Q3 2013, filed 18 Oct 2013.