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 | |
|---|---|---|---|---|---|---|
451
Lockheed Martin
LMT
$139B
| $1.1M | ﹤0.01% |
4,117
+486
| +13% | +$127K |
|
452
State Street SPDR S&P 500 ETF Trust
SPY
$810B
| $1.09M | ﹤0.01% |
4,640
-711
| -13% | -$165K |
|
453
Medpace
MEDP
$16.8B
| $1.06M | ﹤0.01% |
+35,564
| New | +$1.15M |
|
454
UnitedHealth
UNH
$371B
| $1.05M | ﹤0.01% |
6,414
-1,162
| -15% | -$190K |
|
455
VanEck Vietnam ETF
VNM
$510M
| $1.01M | ﹤0.01% |
72,000
| – | – |
|
|
NAB
456
DELISTED
NATL AUSTRALIA BK LTD ADS5
NAB
| $1M | ﹤0.01% |
78,742
-22,103
| -22% | -$281K |
|
|
INN
457
Summit Hotel Properties
INN
$670M
| $993K | ﹤0.01% |
62,148
+17,871
| +40% | +$282K |
|
458
iShares MSCI Germany ETF
EWG
$1.67B
| $986K | ﹤0.01% |
34,283
-136,582
| -80% | -$3.78M |
|
|
IMGN
459
DELISTED
Immunogen Inc
IMGN
| $982K | ﹤0.01% |
253,676
+5,100
| +2% | +$14.9K |
|
460
iShares Global Financials ETF
IXG
$697M
| $926K | ﹤0.01% |
15,201
| – | – |
|
|
PGNX
461
DELISTED
Progenics Pharmaceuticals Inc
PGNX
| $922K | ﹤0.01% |
97,632
+18,604
| +24% | +$186K |
|
462
Westamerica Bancorp
WABC
$1.35B
| $889K | ﹤0.01% |
15,917
| – | – |
|
|
ACC
463
DELISTED
American Campus Communities, Inc.
ACC
| $884K | ﹤0.01% |
18,575
-1,150
| -6% | -$56.2K |
|
464
PTC Therapeutics
PTCT
$6.23B
| $882K | ﹤0.01% |
89,642
+1,800
| +2% | +$21.8K |
|
465
Toronto Dominion Bank
TD
$200B
| $871K | ﹤0.01% |
17,381
-272
| -2% | -$13.9K |
|
|
DISCK
466
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $861K | ﹤0.01% |
30,422
-21,600
| -42% | -$592K |
|
467
Palo Alto Networks
PANW
$314B
| $860K | ﹤0.01% |
45,804
+990
| +2% | +$22.1K |
|
468
DHI Group
DHX
$158M
| $851K | ﹤0.01% |
215,325
+58,808
| +38% | +$304K |
|
469
Starbucks
SBUX
$119B
| $830K | ﹤0.01% |
14,217
+2,052
| +17% | +$116K |
|
|
LMNX
470
DELISTED
Luminex Corp
LMNX
| $823K | ﹤0.01% |
+44,779
| New | +$852K |
|
471
iShares Russell 1000 Growth ETF
IWF
$127B
| $821K | ﹤0.01% |
28,860
+6,868
| +31% | +$190K |
|
472
iShares TIPS Bond ETF
TIP
$14.7B
| $820K | ﹤0.01% |
7,148
-12
| -0.2% | -$1.37K |
|
|
CNCE
473
DELISTED
Concert Pharmaceuticals, Inc.
CNCE
| $757K | ﹤0.01% |
44,363
+8,200
| +23% | +$98.3K |
|
474
McDonald's
MCD
$194B
| $756K | ﹤0.01% |
5,833
-1,800
| -24% | -$226K |
|
475
Costco
COST
$423B
| $754K | ﹤0.01% |
4,493
-234
| -5% | -$39.2K |
|
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.