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 |
SI
SIEMENS AKTIENGESELLSCHAFT ADS
SI
|
+$437M |
| 2 |
Lloyds Banking Group
LYG
|
+$371M |
| 3 |
iShares MSCI EAFE ETF
EFA
|
+$207M |
| 4 |
Vanguard S&P 500 ETF
VOO
|
+$146M |
| 5 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$51.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Oracle
ORCL
|
+$290M |
| 2 |
Cisco
CSCO
|
+$272M |
| 3 |
PepsiCo
PEP
|
+$268M |
| 4 |
Apple
AAPL
|
+$139M |
| 5 |
ABV
COMPANHIA BEBIDA ADS EACH REPSTG 1 PFD SH
ABV
|
+$80.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.72% |
| 2 | Technology | 12.76% |
| 3 | Healthcare | 12.06% |
| 4 | Consumer Discretionary | 7.83% |
| 5 | Industrials | 7.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CEO
126
DELISTED
CNOOC Limited
CEO
| $51.6M | 0.12% |
274,840
+25,544
| +10% | +$5.08M |
|
|
OVTI
127
DELISTED
OMNIVISION TECHNOLOGIES INC
OVTI
| $51.5M | 0.12% |
2,994,706
-47,925
| -2% | -$727K |
|
|
SF
128
Stifel
SF
$12.7B
| $51.4M | 0.12% |
2,415,512
+82,012
| +4% | +$1.57M |
|
129
Ambev
ABEV
$45.4B
| $50M | 0.11% |
+6,799,210
| New | +$49.7M |
|
130
Baidu
BIDU
$37.1B
| $48.5M | 0.11% |
272,484
+36,738
| +16% | +$5.94M |
|
131
Credicorp
BAP
$30.4B
| $48.1M | 0.11% |
376,533
+41,518
| +12% | +$5.29M |
|
132
Texas Capital Bancshares
TCBI
$4.32B
| $47.9M | 0.11% |
770,725
-20,185
| -3% | -$1.08M |
|
133
Teledyne Technologies
TDY
$32B
| $47.2M | 0.11% |
513,512
-10,725
| -2% | -$955K |
|
134
RLJ Lodging Trust
RLJ
$1.67B
| $47M | 0.11% |
1,931,025
-17,300
| -0.9% | -$417K |
|
135
Prosperity Bancshares
PB
$8.81B
| $46.9M | 0.11% |
740,488
-13,150
| -2% | -$830K |
|
136
Mueller Industries
MLI
$15.2B
| $46.3M | 0.1% |
5,877,536
-118,400
| -2% | -$879K |
|
|
EMBJ
137
Embraer S.A. ADS
EMBJ
$13.1B
| $46.2M | 0.1% |
1,435,057
+283,448
| +25% | +$8.99M |
|
138
Regal Rexnord
RRX
$11.5B
| $45.5M | 0.1% |
617,717
-10,425
| -2% | -$756K |
|
139
Televisa
TV
$1.52B
| $45M | 0.1% |
1,487,868
+203,618
| +16% | +$6.01M |
|
140
Cemex
CX
$16.3B
| $44.5M | 0.1% |
4,399,756
-3,539
| -0.1% | -$33.2K |
|
141
Goldman Sachs
GS
$301B
| $43.2M | 0.1% |
243,713
-3,530
| -1% | -$582K |
|
142
Bio-Rad Laboratories Class A
BIO
$9.48B
| $42.3M | 0.1% |
342,216
-10,705
| -3% | -$1.3M |
|
|
MENT
143
DELISTED
Mentor Graphics Corp
MENT
| $41.5M | 0.09% |
1,723,048
-39,075
| -2% | -$883K |
|
|
FIEG
144
DELISTED
FI Enhanced Global High Yield Exchange Traded Notes
FIEG
| $41.2M | 0.09% |
+360,341
| New | +$39.1M |
|
|
INVX
145
Innovex International
INVX
$2.04B
| $40.4M | 0.09% |
367,192
-22,925
| -6% | -$2.59M |
|
146
NETGEAR
NTGR
$619M
| $39.8M | 0.09% |
1,208,319
-6,050
| -0.5% | -$188K |
|
|
ESRX
147
DELISTED
Express Scripts Holding Company
ESRX
| $39.4M | 0.09% |
560,420
-11,773
| -2% | -$769K |
|
|
DHC
148
Diversified Healthcare Trust
DHC
$2.04B
| $39.3M | 0.09% |
1,783,249
-54,944
| -3% | -$1.27M |
|
149
Pool Corp
POOL
$7.27B
| $38.9M | 0.09% |
668,460
-31,275
| -4% | -$1.73M |
|
|
TKP
150
DELISTED
TECHNIP ADS (EA REPTG ONE ORD SHS)
TKP
| $38.8M | 0.09% |
1,611,048
-4,455
| -0.3% | -$107K |
|
Similar funds
Fisher Asset Management's Q4 2013 Portfolio in Review
As of Q4 2013, Fisher Asset Management held 595 positions worth $44.1B, up 8.7% from $40.6B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Fisher Asset Management's Q4 2013 filing shows 61 new, 130 increased, 291 reduced and 34 closed positions. Its largest new stake was Lloyds Banking Group: 73,965,265 shares worth $393M. The largest sale was Oracle, an estimated $290M.
By sector, the portfolio is most concentrated in Financials at 20% of assets, up from 18% a quarter earlier, followed by Technology and Healthcare.
- Fisher Asset Management's largest Q4 2013 buy was Lloyds Banking Group: 73,965,265 shares worth $393M.
- Fisher Asset Management added most to SIEMENS AKTIENGESELLSCHAFT ADS in Q4 2013, an estimated $437M increase.
- Fisher Asset Management's biggest Q4 2013 reduction was Oracle, cutting an estimated $290M.
- Fisher Asset Management fully exited COMPANHIA BEBIDA ADS EACH REPSTG 1 PFD SH in Q4 2013, selling an estimated $80.2M.
- Fisher Asset Management's ten largest holdings make up 23% of its $44.1B portfolio in Q4 2013.
- Fisher Asset Management opened 61 new positions and closed 34 in Q4 2013.
- Fisher Asset Management's portfolio value rose 8.7% quarter-over-quarter to $44.1B.
Based on Fisher Asset Management's 13F filing for Q4 2013, filed 14 Jan 2014.