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 iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$607M |
| 2 |
Vodafone
VOD
|
+$318M |
| 3 |
SI
SIEMENS AKTIENGESELLSCHAFT ADS
SI
|
+$267M |
| 4 |
Alibaba
BABA
|
+$228M |
| 5 |
Itaú Unibanco
ITUB
|
+$137M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
|
+$545M |
| 2 |
GE Aerospace
GE
|
+$284M |
| 3 |
NXP Semiconductors
NXPI
|
+$121M |
| 4 |
MENT
Mentor Graphics Corp
MENT
|
+$63.3M |
| 5 |
Heartland Express
HTLD
|
+$45.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.45% |
| 2 | Technology | 14.38% |
| 3 | Healthcare | 12.14% |
| 4 | Consumer Discretionary | 8.49% |
| 5 | Communication Services | 7.31% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
326
iShares Europe ETF
IEV
$1.7B
| $4.93M | 0.01% |
117,802
-8,998
| -7% | -$363K |
|
327
ICU Medical
ICUI
$4.56B
| $4.73M | 0.01% |
31,000
| – | – |
|
328
Piper Sandler
PIPR
$5.29B
| $4.48M | 0.01% |
280,384
+92,392
| +49% | +$1.64M |
|
329
Affiliated Managers Group
AMG
$9.6B
| $4.47M | 0.01% |
27,298
-3,100
| -10% | -$491K |
|
330
Check Point Software Technologies
CHKP
$13.4B
| $4.34M | 0.01% |
42,300
| – | – |
|
331
Energizer
ENR
$1.5B
| $4.28M | 0.01% |
76,808
-10,000
| -12% | -$527K |
|
332
Huazhu Hotels Group
HTHT
$13.2B
| $4.09M | 0.01% |
263,748
| – | – |
|
|
GWB
333
DELISTED
Great Western Bancorp, Inc.
GWB
| $3.98M | 0.01% |
93,855
+31,457
| +50% | +$1.35M |
|
334
Ameris Bancorp
ABCB
$5.88B
| $3.81M | 0.01% |
82,669
+34,578
| +72% | +$1.58M |
|
|
SFBS
335
ServisFirst Bancshares
SFBS
$4.84B
| $3.75M | 0.01% |
103,117
+29,601
| +40% | +$1.16M |
|
336
Eagle Bancorp
EGBN
$843M
| $3.71M | 0.01% |
62,098
+16,259
| +35% | +$986K |
|
|
WRI
337
DELISTED
Weingarten Realty Investors
WRI
| $3.56M | 0.01% |
106,723
-19,600
| -16% | -$684K |
|
338
Hyster-Yale Materials Handling
HY
$629M
| $3.52M | 0.01% |
62,369
-8,000
| -11% | -$485K |
|
339
IBM
IBM
$223B
| $3.51M | 0.01% |
21,103
-656
| -3% | -$110K |
|
340
Merit Medical Systems
MMSI
$5.36B
| $3.5M | 0.01% |
121,240
+41,119
| +51% | +$1.15M |
|
341
Independent Bank
INDB
$3.97B
| $3.47M | 0.01% |
53,340
+10,948
| +26% | +$706K |
|
342
Ironwood Pharmaceuticals
IRWD
$669M
| $3.46M | 0.01% |
242,203
| – | – |
|
343
Toyota
TM
$224B
| $3.43M | 0.01% |
31,571
-10,239
| -24% | -$1.18M |
|
|
RDS.A
344
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $3.43M | 0.01% |
66,114
-14,053
| -18% | -$733K |
|
345
FormFactor
FORM
$8.79B
| $3.4M | 0.01% |
286,532
+96,336
| +51% | +$1.12M |
|
|
CHL
346
DELISTED
China Mobile Limited
CHL
| $3.34M | 0.01% |
60,468
-1,408
| -2% | -$78.6K |
|
347
Vipshop
VIPS
$7.4B
| $3.21M | 0.01% |
240,742
-900
| -0.4% | -$11.1K |
|
|
CCMP
348
DELISTED
CMC Materials, Inc. Common Stock
CCMP
| $3.12M | 0.01% |
+40,755
| New | +$2.8M |
|
|
LPT
349
DELISTED
Liberty Property Trust
LPT
| $3.05M | ﹤0.01% |
79,180
-18,281
| -19% | -$714K |
|
350
Anika Therapeutics
ANIK
$277M
| $3.05M | ﹤0.01% |
70,153
+10,919
| +18% | +$521K |
|
Similar funds
Fisher Asset Management's Q1 2017 Portfolio in Review
As of Q1 2017, Fisher Asset Management held 865 positions worth $62.4B, up 8.7% from $57.4B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Fisher Asset Management's Q1 2017 filing shows 82 new, 252 increased, 334 reduced and 92 closed positions. Its largest new stake was Vodafone: 12,420,913 shares worth $328M. The largest sale was State Street SPDR Portfolio Short Term Corporate Bond ETF, an estimated $545M.
By sector, the portfolio is most concentrated in Financials at 19% of assets, down from 20% a quarter earlier, followed by Technology and Healthcare.
- Fisher Asset Management's largest Q1 2017 buy was Vodafone: 12,420,913 shares worth $328M.
- Fisher Asset Management added most to iShares iBoxx $ Investment Grade Corporate Bond ETF in Q1 2017, an estimated $607M increase.
- Fisher Asset Management's biggest Q1 2017 reduction was State Street SPDR Portfolio Short Term Corporate Bond ETF, cutting an estimated $545M.
- Fisher Asset Management fully exited NXP Semiconductors in Q1 2017, selling an estimated $121M.
- Fisher Asset Management's ten largest holdings make up 24% of its $62.4B portfolio in Q1 2017.
- Fisher Asset Management opened 82 new positions and closed 92 in Q1 2017.
- Fisher Asset Management's portfolio value rose 8.7% quarter-over-quarter to $62.4B.
Based on Fisher Asset Management's 13F filing for Q1 2017, filed 25 Apr 2017.