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 |
Alphabet (Google) Class A
GOOGL
|
+$702M |
| 2 |
CAA
CalAtlantic Group, Inc.
CAA
|
+$90.3M |
| 3 |
America Movil
AMX
|
+$71.3M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$62.1M |
| 5 |
Stratasys
SSYS
|
+$53.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class C
GOOG
|
+$671M |
| 2 |
RYL
RYLAND GROUP INC
RYL
|
+$90.9M |
| 3 |
PMCS
P M C SIERRA INC
PMCS
|
+$76.3M |
| 4 |
BMR
BIOMED REALTY TRUST INC
BMR
|
+$40.1M |
| 5 |
HPY
HEARTLAND PAYMENT SYSTEMS, INC. COM STK
HPY
|
+$38.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.64% |
| 2 | Healthcare | 14.19% |
| 3 | Technology | 13.13% |
| 4 | Consumer Discretionary | 7.98% |
| 5 | Industrials | 6.61% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
526
Sumitomo Mitsui Financial
SMFG
$160B
| $425K | ﹤0.01% |
56,007
+358
| +0.6% | +$2.82K |
|
527
Marathon Petroleum
MPC
$93.5B
| $423K | ﹤0.01% |
8,158
+2,092
| +34% | +$109K |
|
|
RAI
528
DELISTED
Reynolds American Inc
RAI
| $422K | ﹤0.01% |
+9,154
| New | +$424K |
|
529
Caterpillar
CAT
$389B
| $419K | ﹤0.01% |
6,165
-7,177
| -54% | -$502K |
|
|
AGEN
530
Agenus
AGEN
$298M
| $416K | ﹤0.01% |
4,669
| – | – |
|
531
Old Dominion Freight Line
ODFL
$43.7B
| $415K | ﹤0.01% |
+21,060
| New | +$437K |
|
532
Mercado Libre
MELI
$97.7B
| $405K | ﹤0.01% |
3,546
+442
| +14% | +$48.6K |
|
533
Opko Health
OPK
$1.04B
| $380K | ﹤0.01% |
37,826
+2,326
| +7% | +$23.3K |
|
534
Duke Energy
DUK
$95.8B
| $372K | ﹤0.01% |
+5,214
| New | +$367K |
|
535
Clorox
CLX
$13.1B
| $367K | ﹤0.01% |
2,894
+45
| +2% | +$5.59K |
|
|
OSIR
536
DELISTED
Osiris Therapeutics, Inc. Common Stock
OSIR
| $366K | ﹤0.01% |
35,270
| – | – |
|
537
PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund
HYS
$1.77B
| $364K | ﹤0.01% |
3,970
+716
| +22% | +$67.7K |
|
|
CB
538
DELISTED
CHUBB CORPORATION
CB
| $357K | ﹤0.01% |
+2,692
| New | +$349K |
|
539
Northrop Grumman
NOC
$81.8B
| $349K | ﹤0.01% |
1,848
+242
| +15% | +$44.4K |
|
540
CSX Corp
CSX
$92.9B
| $347K | ﹤0.01% |
40,143
+2,532
| +7% | +$23K |
|
541
Travelers Companies
TRV
$78.7B
| $345K | ﹤0.01% |
3,059
+882
| +41% | +$98K |
|
542
Enterprise Products Partners
EPD
$82.1B
| $338K | ﹤0.01% |
13,194
+4,222
| +47% | +$110K |
|
543
Regeneron Pharmaceuticals
REGN
$83.2B
| $334K | ﹤0.01% |
615
+111
| +22% | +$60.1K |
|
|
ESI
544
DELISTED
ITT EDUCATIONAL SERVICES INC
ESI
| $334K | ﹤0.01% |
+89,648
| New | +$308K |
|
545
iShares 7-10 Year Treasury Bond ETF
IEF
$47.1B
| $327K | ﹤0.01% |
3,095
| – | – |
|
|
MDVN
546
DELISTED
MEDIVATION, INC.
MDVN
| $320K | ﹤0.01% |
6,615
+315
| +5% | +$13.6K |
|
547
iShares Russell 1000 Growth ETF
IWF
$127B
| $312K | ﹤0.01% |
+12,544
| New | +$313K |
|
548
Automatic Data Processing
ADP
$108B
| $305K | ﹤0.01% |
+3,605
| New | +$310K |
|
549
PPG Industries
PPG
$25.8B
| $302K | ﹤0.01% |
3,051
+238
| +8% | +$24K |
|
550
Rio Tinto
RIO
$164B
| $300K | ﹤0.01% |
10,310
-7,002
| -40% | -$237K |
|
Similar funds
Fisher Asset Management's Q4 2015 Portfolio in Review
As of Q4 2015, Fisher Asset Management held 832 positions worth $51.9B, up 8.1% from $48B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Fisher Asset Management's Q4 2015 filing shows 117 new, 382 increased, 189 reduced and 39 closed positions. Its largest new stake was Alphabet (Google) Class A: 18,980,280 shares worth $738M. The largest sale was Alphabet (Google) Class C, an estimated $671M.
By sector, the portfolio is most concentrated in Financials at 20% of assets, down from 20% a quarter earlier, followed by Healthcare and Technology.
- Fisher Asset Management's largest Q4 2015 buy was Alphabet (Google) Class A: 18,980,280 shares worth $738M.
- Fisher Asset Management added most to CalAtlantic Group, Inc. in Q4 2015, an estimated $90.3M increase.
- Fisher Asset Management's biggest Q4 2015 reduction was Alphabet (Google) Class C, cutting an estimated $671M.
- Fisher Asset Management fully exited RYLAND GROUP INC in Q4 2015, selling an estimated $90.9M.
- Fisher Asset Management's ten largest holdings make up 23% of its $51.9B portfolio in Q4 2015.
- Fisher Asset Management opened 117 new positions and closed 39 in Q4 2015.
- Fisher Asset Management's portfolio value rose 8.1% quarter-over-quarter to $51.9B.
Based on Fisher Asset Management's 13F filing for Q4 2015, filed 14 Jan 2016.