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 |
FIHD
UBS AG FI Enhanced Global High Yield ETN
FIHD
|
+$353M |
| 2 |
Televisa
TV
|
+$92.4M |
| 3 |
FLGE
Credit Suisse FI Large Cap Growth Enhanced Exchange Traded Notes
FLGE
|
+$38.2M |
| 4 |
DST
DST Systems Inc.
DST
|
+$36.8M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$27M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FIEG
FI Enhanced Global High Yield Exchange Traded Notes
FIEG
|
+$315M |
| 2 |
CAB
Cabela's Inc
CAB
|
+$56.7M |
| 3 |
NXP Semiconductors
NXPI
|
+$48.7M |
| 4 |
TSMC
TSM
|
+$24.7M |
| 5 |
FIGY
Barclays ETN+ FI Enhanced Global High Yield ETN
FIGY
|
+$23.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.9% |
| 2 | Technology | 14.05% |
| 3 | Healthcare | 12.4% |
| 4 | Consumer Discretionary | 7.69% |
| 5 | Industrials | 6.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
551
Eastman Chemical
EMN
$8.5B
| $268K | ﹤0.01% |
3,565
+1
| +0% | +$72 |
|
552
Regeneron Pharmaceuticals
REGN
$82.9B
| $262K | ﹤0.01% |
715
+95
| +15% | +$36.1K |
|
553
Allstate
ALL
$67.4B
| $260K | ﹤0.01% |
+3,504
| New | +$247K |
|
|
RTN
554
DELISTED
Raytheon Company
RTN
| $260K | ﹤0.01% |
+1,834
| New | +$261K |
|
|
AGEN
555
Agenus
AGEN
$296M
| $258K | ﹤0.01% |
3,187
| – | – |
|
556
WisdomTree Japan Hedged Equity Fund
DXJ
$7.44B
| $256K | ﹤0.01% |
+5,168
| New | +$243K |
|
557
Vanguard Information Technology ETF
VGT
$148B
| $256K | ﹤0.01% |
+16,888
| New | +$254K |
|
558
Kraft Heinz
KHC
$29.3B
| $252K | ﹤0.01% |
2,881
-77
| -3% | -$6.59K |
|
559
DuPont de Nemours
DD
$19.5B
| $250K | ﹤0.01% |
+1,728
| New | +$241K |
|
560
Thermo Fisher Scientific
TMO
$221B
| $241K | ﹤0.01% |
1,707
+225
| +15% | +$33.2K |
|
561
Vanguard Consumer Staples ETF
VDC
$7.89B
| $241K | ﹤0.01% |
+1,798
| New | +$240K |
|
562
NVIDIA
NVDA
$5.3T
| $240K | ﹤0.01% |
+89,960
| New | +$188K |
|
563
Emerson Electric
EMR
$90.4B
| $238K | ﹤0.01% |
+4,278
| New | +$230K |
|
564
SPDR Gold Trust
GLD
$143B
| $237K | ﹤0.01% |
2,164
+281
| +15% | +$32.6K |
|
565
Enterprise Products Partners
EPD
$81.8B
| $236K | ﹤0.01% |
+8,727
| New | +$227K |
|
|
STI
566
DELISTED
SunTrust Banks, Inc.
STI
| $235K | ﹤0.01% |
+4,277
| New | +$214K |
|
|
IPG
567
DELISTED
Interpublic Group of Companies
IPG
| $234K | ﹤0.01% |
10,005
-299
| -3% | -$6.91K |
|
568
Hewlett Packard
HPE
$72.4B
| $231K | ﹤0.01% |
17,194
+272
| +2% | +$3.63K |
|
569
NextEra Energy
NEE
$177B
| $230K | ﹤0.01% |
7,700
+1,104
| +17% | +$33K |
|
|
ADPT
570
DELISTED
Adeptus Health Inc
ADPT
| $229K | ﹤0.01% |
29,951
-6
| -0% | -$110 |
|
571
Prudential Financial
PRU
$42B
| $228K | ﹤0.01% |
+2,187
| New | +$207K |
|
|
ATVI
572
DELISTED
Activision Blizzard
ATVI
| $227K | ﹤0.01% |
6,287
| – | – |
|
573
Galicia Financial Group
GGAL
$7.38B
| $221K | ﹤0.01% |
8,200
+800
| +11% | +$23K |
|
574
Cummins
CMI
$87.8B
| $217K | ﹤0.01% |
1,591
+1
| +0.1% | +$134 |
|
575
Trane Technologies
TT
$106B
| $217K | ﹤0.01% |
+2,898
| New | +$209K |
|
Similar funds
Fisher Asset Management's Q4 2016 Portfolio in Review
As of Q4 2016, Fisher Asset Management held 837 positions worth $57.4B, up 2% from $56.3B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Fisher Asset Management's Q4 2016 filing shows 61 new, 208 increased, 401 reduced and 54 closed positions. Its largest new stake was Barclays ETN+ FI Enhanced Europe 50 ETN Series B: 174,286 shares worth $18.7M. The largest sale was FI Enhanced Global High Yield Exchange Traded Notes, an estimated $315M.
By sector, the portfolio is most concentrated in Financials at 20% of assets, up from 17% a quarter earlier, followed by Technology and Healthcare.
- Fisher Asset Management's largest Q4 2016 buy was Barclays ETN+ FI Enhanced Europe 50 ETN Series B: 174,286 shares worth $18.7M.
- Fisher Asset Management added most to UBS AG FI Enhanced Global High Yield ETN in Q4 2016, an estimated $353M increase.
- Fisher Asset Management's biggest Q4 2016 reduction was FI Enhanced Global High Yield Exchange Traded Notes, cutting an estimated $315M.
- Fisher Asset Management fully exited Cabela's Inc in Q4 2016, selling an estimated $56.7M.
- Fisher Asset Management's ten largest holdings make up 22% of its $57.4B portfolio in Q4 2016.
- Fisher Asset Management opened 61 new positions and closed 54 in Q4 2016.
- Fisher Asset Management's portfolio value rose 2% quarter-over-quarter to $57.4B.
Based on Fisher Asset Management's 13F filing for Q4 2016, filed 10 Jan 2017.