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 |
Costco
COST
|
+$384M |
| 2 |
BF
BASF AKTIENGESELLT ADS(RP1 ORD
BF
|
+$293M |
| 3 |
Walmart Inc
WMT
|
+$242M |
| 4 |
UN
Unilever NV New York Registry Shares
UN
|
+$220M |
| 5 |
FIHD
UBS AG FI Enhanced Global High Yield ETN
FIHD
|
+$122M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Bank of America
BAC
|
+$436M |
| 2 |
Home Depot
HD
|
+$261M |
| 3 |
Walt Disney
DIS
|
+$236M |
| 4 |
JPMorgan Chase
JPM
|
+$230M |
| 5 |
Comcast
CMCSA
|
+$219M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.23% |
| 2 | Technology | 13.84% |
| 3 | Healthcare | 11.95% |
| 4 | Consumer Discretionary | 8.3% |
| 5 | Consumer Staples | 5.74% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
326
Mitsubishi UFJ Financial
MUFG
$250B
| $7.27M | 0.01% |
1,000,529
-6,547,105
| -87% | -$44.6M |
|
327
Edgewell Personal Care
EPC
$1.27B
| $7.22M | 0.01% |
121,597
+17,500
| +17% | +$1.1M |
|
328
SS&C Technologies
SSNC
$18.7B
| $7.09M | 0.01% |
175,260
-2,640
| -1% | -$108K |
|
329
United Rentals
URI
$71.4B
| $7.08M | 0.01% |
41,174
-233
| -0.6% | -$35.5K |
|
330
Republic Services
RSG
$65.8B
| $7.03M | 0.01% |
103,926
-2,353
| -2% | -$152K |
|
331
Northern Trust
NTRS
$34.3B
| $6.85M | 0.01% |
68,543
-3,303
| -5% | -$315K |
|
332
FormFactor
FORM
$8.98B
| $6.76M | 0.01% |
431,765
+23,851
| +6% | +$399K |
|
333
J&J Snack Foods
JJSF
$1.67B
| $6.68M | 0.01% |
43,991
+477
| +1% | +$66.9K |
|
334
Acadia Healthcare
ACHC
$2.96B
| $6.59M | 0.01% |
202,100
-2,896
| -1% | -$100K |
|
335
PetMed Express
PETS
$42.1M
| $6.53M | 0.01% |
143,513
+16,716
| +13% | +$659K |
|
336
Installed Building Products
IBP
$6.26B
| $6.53M | 0.01% |
85,937
+9,468
| +12% | +$656K |
|
337
State Street Financial Select Sector SPDR ETF
XLF
$58.9B
| $6.51M | 0.01% |
233,177
-129,435
| -36% | -$3.48M |
|
338
Apogee Enterprises
APOG
$884M
| $6.45M | 0.01% |
141,000
| – | – |
|
339
Progressive
PGR
$125B
| $6.45M | 0.01% |
114,492
-6,895
| -6% | -$357K |
|
340
Viavi Solutions
VIAV
$9.3B
| $6.38M | 0.01% |
729,500
-28,140
| -4% | -$255K |
|
341
Qiagen
QGEN
$9.1B
| $6.36M | 0.01% |
193,805
-5,001
| -3% | -$172K |
|
|
PCH
342
DELISTED
PotlatchDeltic
PCH
| $6.34M | 0.01% |
127,150
-8,358
| -6% | -$431K |
|
|
DASTY
343
DELISTED
DASSAULT SYSTEMES SA ADR
DASTY
| $6.33M | 0.01% |
59,542
-134
| -0.2% | -$14.3K |
|
|
CCMP
344
DELISTED
CMC Materials, Inc. Common Stock
CCMP
| $6.31M | 0.01% |
67,098
+10,731
| +19% | +$988K |
|
345
Ameris Bancorp
ABCB
$5.82B
| $6.3M | 0.01% |
130,765
+15,969
| +14% | +$773K |
|
|
SFBS
346
ServisFirst Bancshares
SFBS
$4.81B
| $6.28M | 0.01% |
151,326
+19,298
| +15% | +$784K |
|
347
Camden Property Trust
CPT
$11B
| $6.26M | 0.01% |
68,037
-725
| -1% | -$67K |
|
348
Omnicom Group
OMC
$23.2B
| $6.18M | 0.01% |
84,913
-2,757
| -3% | -$198K |
|
349
Essex Property Trust
ESS
$18.1B
| $6.09M | 0.01% |
25,226
-623
| -2% | -$157K |
|
350
Strategy Inc
MSTR
$37.3B
| $6.04M | 0.01% |
460,000
| – | – |
|
Similar funds
Fisher Asset Management's Q4 2017 Portfolio in Review
As of Q4 2017, Fisher Asset Management held 984 positions worth $76.6B, up 7.4% from $71.3B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Fisher Asset Management's Q4 2017 filing shows 141 new, 329 increased, 331 reduced and 62 closed positions. Its largest new stake was HITACHI LTD ADR (10COM)NEW: 925,930 shares worth $72.2M. The largest sale was Bank of America, an estimated $436M.
By sector, the portfolio is most concentrated in Financials at 17% of assets, down from 18% a quarter earlier, followed by Technology and Healthcare.
- Fisher Asset Management's largest Q4 2017 buy was HITACHI LTD ADR (10COM)NEW: 925,930 shares worth $72.2M.
- Fisher Asset Management added most to Costco in Q4 2017, an estimated $384M increase.
- Fisher Asset Management's biggest Q4 2017 reduction was Bank of America, cutting an estimated $436M.
- Fisher Asset Management fully exited Harley-Davidson in Q4 2017, selling an estimated $4.17M.
- Fisher Asset Management's ten largest holdings make up 24% of its $76.6B portfolio in Q4 2017.
- Fisher Asset Management opened 141 new positions and closed 62 in Q4 2017.
- Fisher Asset Management's portfolio value rose 7.4% quarter-over-quarter to $76.6B.
Based on Fisher Asset Management's 13F filing for Q4 2017, filed 24 Jan 2018.