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 |
UBS Group
UBS
|
+$423M |
| 2 |
CS
Credit Suisse Group
CS
|
+$261M |
| 3 |
Barclays
BCS
|
+$240M |
| 4 |
ABB
ABB Ltd
ABB
|
+$161M |
| 5 |
Trip.com Group
TCOM
|
+$113M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Lloyds Banking Group
LYG
|
+$230M |
| 2 |
SI
SIEMENS AKTIENGESELLSCHAFT ADS
SI
|
+$162M |
| 3 |
BF
BASF AKTIENGESELLT ADS(RP1 ORD
BF
|
+$84M |
| 4 |
BHP
BHP
|
+$60.3M |
| 5 |
SUSQ
SUSQUEHANNA BANCSHARES INC
SUSQ
|
+$42.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 21.7% |
| 2 | Healthcare | 13.73% |
| 3 | Technology | 13.21% |
| 4 | Industrials | 7.16% |
| 5 | Consumer Discretionary | 6.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
BID
101
DELISTED
Sotheby's
BID
| $73M | 0.15% |
1,689,653
-218,010
| -11% | -$8.61M |
|
102
Gilead Sciences
GILD
$165B
| $72.7M | 0.15% |
771,501
+8,078
| +1% | +$835K |
|
103
Televisa
TV
$1.52B
| $72.7M | 0.15% |
2,134,500
+94,459
| +5% | +$3.28M |
|
104
Henry Schein
HSIC
$9.82B
| $72.7M | 0.15% |
1,360,698
-1,066
| -0.1% | -$53K |
|
|
NUVA
105
DELISTED
NuVasive, Inc.
NUVA
| $71.5M | 0.15% |
1,515,939
+338,260
| +29% | +$14.1M |
|
106
ASML
ASML
$666B
| $71.2M | 0.15% |
659,927
-1,280
| -0.2% | -$130K |
|
107
West Pharmaceutical
WST
$24.8B
| $70.3M | 0.15% |
1,320,552
+54,520
| +4% | +$2.73M |
|
|
JNS
108
DELISTED
Janus Capital Group Inc
JNS
| $70.3M | 0.15% |
4,357,465
-94,746
| -2% | -$1.42M |
|
|
OUTR
109
DELISTED
OUTERWALL INC
OUTR
| $70.1M | 0.15% |
932,191
-11,190
| -1% | -$717K |
|
110
NCR Voyix
VYX
$1.09B
| $69.4M | 0.14% |
3,882,288
-57,816
| -1% | -$1.02M |
|
111
Canadian National Railway
CNI
$75.7B
| $67.9M | 0.14% |
985,430
-14,124
| -1% | -$966K |
|
112
ASE Group
ASX
$82.7B
| $67.3M | 0.14% |
10,981,043
+382,719
| +4% | +$2.34M |
|
113
Heartland Express
HTLD
$911M
| $66.5M | 0.14% |
2,461,018
-39,010
| -2% | -$987K |
|
114
Ingredion
INGR
$6.53B
| $66.1M | 0.14% |
778,534
+1,861
| +0.2% | +$148K |
|
115
Wintrust Financial
WTFC
$10.7B
| $65.7M | 0.14% |
1,406,058
-25,130
| -2% | -$1.14M |
|
|
AXE
116
DELISTED
Anixter International Inc
AXE
| $65.5M | 0.14% |
740,633
-12,665
| -2% | -$1.07M |
|
117
AbbVie
ABBV
$438B
| $65.5M | 0.14% |
1,001,105
+1,337
| +0.1% | +$84.3K |
|
|
WMGI
118
DELISTED
Wright Medical Group Inc
WMGI
| $63.2M | 0.13% |
2,350,279
-20,975
| -0.9% | -$614K |
|
119
Glacier Bancorp
GBCI
$6.35B
| $63.1M | 0.13% |
2,270,670
-20,945
| -0.9% | -$568K |
|
120
HUB Group
HUBG
$2.9B
| $63M | 0.13% |
3,307,734
-55,680
| -2% | -$1.04M |
|
|
THS
121
DELISTED
Treehouse Foods
THS
| $62.9M | 0.13% |
735,404
+5,167
| +0.7% | +$428K |
|
|
CAB
122
DELISTED
Cabela's Inc
CAB
| $62.1M | 0.13% |
1,177,968
-25,261
| -2% | -$1.33M |
|
123
Rio Tinto
RIO
$166B
| $61.5M | 0.13% |
1,335,087
+1,323,702
| +11,627% | +$62.4M |
|
124
Toro Company
TTC
$9.4B
| $60.5M | 0.13% |
1,897,058
-32,100
| -2% | -$990K |
|
125
Chemed
CHE
$7.18B
| $60.2M | 0.12% |
570,040
+39,130
| +7% | +$4.13M |
|
Similar funds
Fisher Asset Management's Q4 2014 Portfolio in Review
As of Q4 2014, Fisher Asset Management held 664 positions worth $48.4B, up 3.1% from $46.9B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Fisher Asset Management's Q4 2014 filing shows 80 new, 228 increased, 245 reduced and 44 closed positions. Its largest new stake was UBS Group: 24,721,456 shares worth $422M. The largest sale was Lloyds Banking Group, an estimated $230M.
By sector, the portfolio is most concentrated in Financials at 22% of assets, up from 20% a quarter earlier, followed by Healthcare and Technology.
- Fisher Asset Management's largest Q4 2014 buy was UBS Group: 24,721,456 shares worth $422M.
- Fisher Asset Management added most to Credit Suisse Group in Q4 2014, an estimated $261M increase.
- Fisher Asset Management's biggest Q4 2014 reduction was Lloyds Banking Group, cutting an estimated $230M.
- Fisher Asset Management fully exited SUSQUEHANNA BANCSHARES INC in Q4 2014, selling an estimated $42.8M.
- Fisher Asset Management's ten largest holdings make up 22% of its $48.4B portfolio in Q4 2014.
- Fisher Asset Management opened 80 new positions and closed 44 in Q4 2014.
- Fisher Asset Management's portfolio value rose 3.1% quarter-over-quarter to $48.4B.
Based on Fisher Asset Management's 13F filing for Q4 2014, filed 29 Jan 2015.