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 | |
|---|---|---|---|---|---|---|
401
MYR Group
MYRG
$5.14B
| $4.04M | 0.01% |
113,081
+10,951
| +11% | +$364K |
|
|
JOYY
402
JOYY Inc
JOYY
$3.77B
| $3.86M | 0.01% |
34,109
| – | – |
|
|
SPPI
403
DELISTED
Spectrum Pharmaceuticals Inc
SPPI
| $3.79M | 0.01% |
200,252
+21,043
| +12% | +$381K |
|
404
Delek US
DK
$3.72B
| $3.77M | ﹤0.01% |
107,851
+600
| +0.6% | +$17.7K |
|
405
Korn Ferry
KFY
$4.25B
| $3.75M | ﹤0.01% |
90,694
+57,332
| +172% | +$2.38M |
|
|
NSA
406
DELISTED
National Storage Affiliates Trust
NSA
| $3.71M | ﹤0.01% |
136,211
| – | – |
|
407
IBM
IBM
$223B
| $3.69M | ﹤0.01% |
25,139
-2,518
| -9% | -$366K |
|
408
Morningstar
MORN
$7.54B
| $3.68M | ﹤0.01% |
37,922
+22
| +0.1% | +$1.98K |
|
|
WLH
409
DELISTED
WILLIAM LYON HOMES
WLH
| $3.63M | ﹤0.01% |
124,882
+10,141
| +9% | +$274K |
|
|
LABL
410
DELISTED
Multi-Color Corp
LABL
| $3.58M | ﹤0.01% |
47,844
+3,804
| +9% | +$295K |
|
411
AT&T
T
$165B
| $3.56M | ﹤0.01% |
121,257
+3,683
| +3% | +$101K |
|
412
Quanex
NX
$967M
| $3.51M | ﹤0.01% |
150,133
+14,358
| +11% | +$318K |
|
|
LPT
413
DELISTED
Liberty Property Trust
LPT
| $3.5M | ﹤0.01% |
81,398
-2,247
| -3% | -$97.5K |
|
414
Central Pacific Financial
CPF
$991M
| $3.49M | ﹤0.01% |
116,953
-7,718
| -6% | -$241K |
|
|
WRI
415
DELISTED
Weingarten Realty Investors
WRI
| $3.46M | ﹤0.01% |
105,349
-899
| -0.8% | -$29.1K |
|
416
First Merchants
FRME
$2.66B
| $3.42M | ﹤0.01% |
81,315
+7,158
| +10% | +$306K |
|
417
Resources Connection
RGP
$145M
| $3.39M | ﹤0.01% |
219,343
+9,148
| +4% | +$141K |
|
418
AMERISAFE
AMSF
$522M
| $3.38M | ﹤0.01% |
54,948
+5,304
| +11% | +$333K |
|
419
PNC Financial Services
PNC
$100B
| $3.32M | ﹤0.01% |
23,000
-2,169
| -9% | -$300K |
|
|
IPG
420
DELISTED
Interpublic Group of Companies
IPG
| $3.31M | ﹤0.01% |
164,346
-23,341
| -12% | -$465K |
|
421
CVB Financial
CVBF
$3.97B
| $3.29M | ﹤0.01% |
139,832
-26,280
| -16% | -$624K |
|
|
COWN
422
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $3.28M | ﹤0.01% |
240,418
+8,941
| +4% | +$134K |
|
|
CLVS
423
DELISTED
Clovis Oncology, Inc.
CLVS
| $3.26M | ﹤0.01% |
47,961
+21,328
| +80% | +$1.49M |
|
424
State Street SPDR S&P 500 ETF Trust
SPY
$810B
| $3.25M | ﹤0.01% |
12,196
+5,627
| +86% | +$1.46M |
|
|
CATM
425
DELISTED
Cardtronics plc Class A Ordinary Shares (UK)
CATM
| $3.15M | ﹤0.01% |
170,000
| – | – |
|
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.