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 | |
|---|---|---|---|---|---|---|
376
US Bancorp
USB
$100B
| $290K | ﹤0.01% |
7,933
-556
| -7% | -$20.6K |
|
|
XEC
377
DELISTED
CIMAREX ENERGY CO
XEC
| $289K | ﹤0.01% |
+3,000
| New | +$243K |
|
|
SHPG
378
DELISTED
Shire pic
SHPG
| $288K | ﹤0.01% |
2,405
| – | – |
|
|
BNY
379
Bank of New York Mellon
BNY
$108B
| $287K | ﹤0.01% |
9,507
-267
| -3% | -$8.19K |
|
380
Vanguard Short-Term Corporate Bond ETF
VCSH
$44.9B
| $284K | ﹤0.01% |
3,568
+953
| +36% | +$75.6K |
|
381
iShares Core US Aggregate Bond ETF
AGG
$137B
| $283K | ﹤0.01% |
2,638
+284
| +12% | +$30.3K |
|
382
3M
MMM
$93.9B
| $281K | ﹤0.01% |
2,809
+368
| +15% | +$35.8K |
|
383
Abbott
ABT
$188B
| $280K | ﹤0.01% |
8,439
-2,246
| -21% | -$78.8K |
|
384
NOV
NOV
$7.38B
| $279K | ﹤0.01% |
3,965
-2,690
| -40% | -$180K |
|
385
Enterprise Products Partners
EPD
$82B
| $265K | ﹤0.01% |
8,678
+1,876
| +28% | +$57.4K |
|
386
Cenovus Energy
CVE
$54.5B
| $253K | ﹤0.01% |
8,467
-5,201
| -38% | -$154K |
|
387
General Mills
GIS
$19.9B
| $251K | ﹤0.01% |
5,244
-397
| -7% | -$19.9K |
|
388
iShares Russell 1000 ETF
IWB
$50.2B
| $250K | ﹤0.01% |
2,654
| – | – |
|
389
Invesco Dorsey Wright Financial Momentum ETF
PFI
$59.1M
| $248K | ﹤0.01% |
+9,571
| New | +$247K |
|
|
DD
390
DELISTED
Du Pont De Nemours E I
DD
| $246K | ﹤0.01% |
+4,418
| New | +$241K |
|
|
MON
391
DELISTED
Monsanto Co
MON
| $240K | ﹤0.01% |
2,301
-590
| -20% | -$59.3K |
|
392
Halliburton
HAL
$28B
| $236K | ﹤0.01% |
4,911
-312
| -6% | -$14.6K |
|
393
Duke Energy
DUK
$94.5B
| $229K | ﹤0.01% |
+3,427
| New | +$234K |
|
394
Clorox
CLX
$13B
| $223K | ﹤0.01% |
+2,723
| New | +$230K |
|
395
Invesco BuyBack Achievers ETF
PKW
$1.77B
| $223K | ﹤0.01% |
+5,720
| New | +$218K |
|
396
Mondelez International
MDLZ
$78.5B
| $222K | ﹤0.01% |
7,050
-15,789
| -69% | -$490K |
|
397
Travelers Companies
TRV
$78.3B
| $220K | ﹤0.01% |
+2,598
| New | +$215K |
|
|
KMP
398
DELISTED
KINDER MORGAN ENER PNTRS L.P.
KMP
| $217K | ﹤0.01% |
2,713
-581
| -18% | -$48.1K |
|
399
SiriusXM
SIRI
$9.7B
| $216K | ﹤0.01% |
5,569
+341
| +7% | +$12.7K |
|
|
BSMX
400
DELISTED
Banco Santander México, S, A., Institución de Banca Múltiple, Grupo Financiero Santander México
BSMX
| $210K | ﹤0.01% |
15,200
+4,000
| +36% | +$57.4K |
|
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.