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 |
Alibaba
BABA
|
+$594M |
| 2 |
ING
ING
|
+$545M |
| 3 |
Banco Santander
SAN
|
+$503M |
| 4 |
Sumitomo Mitsui Financial
SMFG
|
+$364M |
| 5 |
Vodafone
VOD
|
+$314M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Wells Fargo
WFC
|
+$939M |
| 2 |
JPMorgan Chase
JPM
|
+$598M |
| 3 |
RTX Corp
RTX
|
+$579M |
| 4 |
Home Depot
HD
|
+$510M |
| 5 |
Qualcomm
QCOM
|
+$500M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.55% |
| 2 | Technology | 13.55% |
| 3 | Healthcare | 13.21% |
| 4 | Consumer Discretionary | 8.47% |
| 5 | Communication Services | 6.27% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
UMPQ
126
DELISTED
Umpqua Holdings Corp
UMPQ
| $72.4M | 0.11% |
3,942,343
-707,697
| -15% | -$12.5M |
|
127
Stratasys
SSYS
$774M
| $72.2M | 0.11% |
3,098,571
+31,339
| +1% | +$807K |
|
128
Lazard
LAZ
$4.31B
| $72.2M | 0.11% |
1,558,392
-51,882
| -3% | -$2.33M |
|
|
SEM
129
DELISTED
Select Medical
SEM
| $70.2M | 0.11% |
8,484,895
-147,387
| -2% | -$1.11M |
|
|
PACW
130
DELISTED
PacWest Bancorp
PACW
| $69M | 0.1% |
1,478,444
-549,062
| -27% | -$26.8M |
|
131
Qorvo
QRVO
$8.74B
| $67.4M | 0.1% |
1,063,967
-29,538
| -3% | -$2.11M |
|
|
PAY
132
DELISTED
Verifone Systems Inc
PAY
| $66.8M | 0.1% |
3,689,161
+476,820
| +15% | +$8.59M |
|
133
First American
FAF
$7.58B
| $66.1M | 0.1% |
1,479,732
+71,581
| +5% | +$3.03M |
|
|
WMGI
134
DELISTED
Wright Medical Group Inc
WMGI
| $65.7M | 0.1% |
2,390,206
-24,716
| -1% | -$699K |
|
135
Glacier Bancorp
GBCI
$6.35B
| $64.3M | 0.1% |
1,755,911
-293,802
| -14% | -$10M |
|
136
Bio-Rad Laboratories Class A
BIO
$9.42B
| $63.3M | 0.1% |
279,589
+5,233
| +2% | +$1.14M |
|
|
LSI
137
DELISTED
Life Storage, Inc.
LSI
| $61.7M | 0.09% |
1,248,719
-27,195
| -2% | -$1.41M |
|
|
JHG
138
DELISTED
Janus Henderson
JHG
| $61.5M | 0.09% |
+1,858,308
| New | +$60.8M |
|
|
CADE
139
DELISTED
Cadence Bank
CADE
| $60.4M | 0.09% |
1,981,113
-815,302
| -29% | -$24.4M |
|
|
140
Qualcomm
QCOM
$176B
| $60.4M | 0.09% |
1,093,398
-8,947,912
| -89% | -$500M |
|
|
THS
141
DELISTED
Treehouse Foods
THS
| $60.2M | 0.09% |
737,094
+69,585
| +10% | +$5.69M |
|
142
iShares National Muni Bond ETF
MUB
$45.9B
| $60M | 0.09% |
544,943
+137,664
| +34% | +$15.1M |
|
143
HUB Group
HUBG
$2.92B
| $59.5M | 0.09% |
3,102,418
+190,688
| +7% | +$3.64M |
|
144
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$67.8B
| $58.4M | 0.09% |
666,961
+18,035
| +3% | +$1.57M |
|
145
RLJ Lodging Trust
RLJ
$1.69B
| $58.2M | 0.09% |
2,926,960
+326,673
| +13% | +$7M |
|
|
AAWW
146
DELISTED
Atlas Air Worldwide Holdings, Inc.
AAWW
| $57.9M | 0.09% |
1,110,897
-48,520
| -4% | -$2.56M |
|
147
Boeing
BA
$185B
| $57.3M | 0.09% |
289,803
-7,765
| -3% | -$1.45M |
|
148
Artisan Partners
APAM
$3.02B
| $56.1M | 0.08% |
1,826,953
-9,684
| -0.5% | -$278K |
|
|
MDP
149
DELISTED
Meredith Corporation
MDP
| $55.5M | 0.08% |
933,956
-22,300
| -2% | -$1.3M |
|
150
Mid-America Apartment Communities
MAA
$15.7B
| $55.3M | 0.08% |
524,713
-12,801
| -2% | -$1.32M |
|
Similar funds
Fisher Asset Management's Q2 2017 Portfolio in Review
As of Q2 2017, Fisher Asset Management held 877 positions worth $66.3B, up 6.2% from $62.4B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Fisher Asset Management's Q2 2017 filing shows 104 new, 361 increased, 246 reduced and 75 closed positions. Its largest new stake was Sumitomo Mitsui Financial: 48,974,918 shares worth $385M. The largest sale was Wells Fargo, an estimated $939M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, down from 19% a quarter earlier, followed by Technology and Healthcare.
- Fisher Asset Management's largest Q2 2017 buy was Sumitomo Mitsui Financial: 48,974,918 shares worth $385M.
- Fisher Asset Management added most to Alibaba in Q2 2017, an estimated $594M increase.
- Fisher Asset Management's biggest Q2 2017 reduction was Wells Fargo, cutting an estimated $939M.
- Fisher Asset Management fully exited Janus Capital Group Inc in Q2 2017, selling an estimated $54.1M.
- Fisher Asset Management's ten largest holdings make up 23% of its $66.3B portfolio in Q2 2017.
- Fisher Asset Management opened 104 new positions and closed 75 in Q2 2017.
- Fisher Asset Management's portfolio value rose 6.2% quarter-over-quarter to $66.3B.
Based on Fisher Asset Management's 13F filing for Q2 2017, filed 13 Jul 2017.