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 |
TotalEnergies
TTE
|
+$988M |
| 2 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$354M |
| 3 |
BP
BP
|
+$285M |
| 4 |
Freeport-McMoran
FCX
|
+$269M |
| 5 |
Rio Tinto
RIO
|
+$263M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Berkshire Hathaway Class B
BRK.B
|
+$612M |
| 2 |
BAY
BAYER AG SPONS ADR
BAY
|
+$441M |
| 3 |
Johnson & Johnson
JNJ
|
+$247M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$189M |
| 5 |
Vodafone
VOD
|
+$164M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.26% |
| 2 | Financials | 13.72% |
| 3 | Healthcare | 11.39% |
| 4 | Consumer Discretionary | 8.65% |
| 5 | Energy | 5.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Littelfuse
LFUS
$11.6B
| $106M | 0.13% |
535,731
+2,128
| +0.4% | +$468K |
|
|
VRNT
102
DELISTED
Verint Systems
VRNT
| $104M | 0.13% |
4,072,371
-39,417
| -1% | -$958K |
|
|
CLGX
103
DELISTED
Corelogic, Inc.
CLGX
| $104M | 0.13% |
2,103,329
-26,816
| -1% | -$1.37M |
|
|
SF
104
Stifel
SF
$12.6B
| $100M | 0.12% |
4,402,631
+21,337
| +0.5% | +$514K |
|
105
Helen of Troy
HELE
$680M
| $99.4M | 0.12% |
759,288
-9,084
| -1% | -$1.07M |
|
106
Pool Corp
POOL
$7.27B
| $99.2M | 0.12% |
594,197
-19,395
| -3% | -$3.14M |
|
107
Boeing
BA
$184B
| $99.1M | 0.12% |
266,346
+24,461
| +10% | +$8.59M |
|
108
Integer Holdings
ITGR
$4.25B
| $98.9M | 0.12% |
1,192,856
+538
| +0% | +$40.3K |
|
109
Lincoln Electric
LECO
$15.1B
| $98.9M | 0.12% |
1,058,011
-20,855
| -2% | -$1.93M |
|
110
Vishay Intertechnology
VSH
$5.08B
| $97.8M | 0.12% |
4,805,637
-51,265
| -1% | -$1.21M |
|
111
Vanguard Industrials ETF
VIS
$8.44B
| $97.6M | 0.12% |
660,555
+655,204
| +12,245% | +$94.4M |
|
112
Capital One
COF
$134B
| $94.9M | 0.12% |
999,212
-13,912
| -1% | -$1.35M |
|
113
Toro Company
TTC
$9.4B
| $94.5M | 0.11% |
1,576,628
-43,201
| -3% | -$2.63M |
|
114
Invesco QQQ Trust
QQQ
$479B
| $93.2M | 0.11% |
501,419
+33,771
| +7% | +$6.11M |
|
115
Pegasystems
PEGA
$5.43B
| $91.3M | 0.11% |
2,917,990
-38,772
| -1% | -$1.17M |
|
116
Xtrackers USD High Yield Corporate Bond ETF
HYLB
$3.47B
| $90.2M | 0.11% |
2,260,363
+1,073,153
| +90% | +$42.5M |
|
117
Morgan Stanley
MS
$338B
| $89.7M | 0.11% |
1,927,031
-86,366
| -4% | -$4.22M |
|
|
NUVA
118
DELISTED
NuVasive, Inc.
NUVA
| $89.2M | 0.11% |
1,257,279
-9,845
| -0.8% | -$626K |
|
119
Boston Beer
SAM
$1.86B
| $89.1M | 0.11% |
309,856
-2,433
| -0.8% | -$731K |
|
120
Teledyne Technologies
TDY
$32B
| $89M | 0.11% |
360,796
+20,948
| +6% | +$4.78M |
|
|
INVX
121
Innovex International
INVX
$2.04B
| $88M | 0.11% |
1,684,741
+599,214
| +55% | +$31.2M |
|
122
Terex
TEX
$7.58B
| $87.6M | 0.11% |
2,196,079
+1,863,038
| +559% | +$75.8M |
|
123
Vanguard Mortgage-Backed Securities ETF
VMBS
$15.6B
| $85.3M | 0.1% |
1,671,587
+1,601,407
| +2,282% | +$82.1M |
|
124
Oceaneering
OII
$5.09B
| $84.1M | 0.1% |
3,046,161
+1,484,094
| +95% | +$39.5M |
|
125
Core Laboratories
CLB
$561M
| $83.6M | 0.1% |
721,408
+270,723
| +60% | +$30.5M |
|
Similar funds
Fisher Asset Management's Q3 2018 Portfolio in Review
As of Q3 2018, Fisher Asset Management held 943 positions worth $82.4B, up 6.9% from $77B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Fisher Asset Management's Q3 2018 filing shows 81 new, 327 increased, 378 reduced and 73 closed positions. Its largest new stake was Adobe: 408,693 shares worth $110M. The largest sale was Berkshire Hathaway Class B, an estimated $612M.
By sector, the portfolio is most concentrated in Technology at 16% of assets, up from 15% a quarter earlier, followed by Financials and Healthcare.
- Fisher Asset Management's largest Q3 2018 buy was Adobe: 408,693 shares worth $110M.
- Fisher Asset Management added most to TotalEnergies in Q3 2018, an estimated $988M increase.
- Fisher Asset Management's biggest Q3 2018 reduction was Berkshire Hathaway Class B, cutting an estimated $612M.
- Fisher Asset Management fully exited Cavium, Inc. in Q3 2018, selling an estimated $56.9M.
- Fisher Asset Management's ten largest holdings make up 27% of its $82.4B portfolio in Q3 2018.
- Fisher Asset Management opened 81 new positions and closed 73 in Q3 2018.
- Fisher Asset Management's portfolio value rose 6.9% quarter-over-quarter to $82.4B.
Based on Fisher Asset Management's 13F filing for Q3 2018, filed 24 Oct 2018.