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 |
BAY
BAYER AG SPONS ADR
BAY
|
+$535M |
| 2 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$124M |
| 3 |
Banco Bradesco
BBD
|
+$98.1M |
| 4 |
Itaú Unibanco
ITUB
|
+$94.1M |
| 5 |
FIHD
UBS AG FI Enhanced Global High Yield ETN
FIHD
|
+$80.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PRXL
Parexel International Corp
PRXL
|
+$184M |
| 2 |
IRY
SPDR S&P International Health Care Sector
IRY
|
+$143M |
| 3 |
DFT
DuPont Fabros Technology Inc.
DFT
|
+$72.5M |
| 4 |
PNC Financial Services
PNC
|
+$31M |
| 5 |
HDFC Bank
HDB
|
+$26.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.92% |
| 2 | Technology | 13.57% |
| 3 | Healthcare | 12.73% |
| 4 | Consumer Discretionary | 8.41% |
| 5 | Communication Services | 6.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
126
Cemex
CX
$16.3B
| $73.4M | 0.1% |
8,081,057
-304,322
| -4% | -$2.89M |
|
127
Pool Corp
POOL
$7.5B
| $72.6M | 0.1% |
671,541
-10,532
| -2% | -$1.14M |
|
128
iShares National Muni Bond ETF
MUB
$45.9B
| $72.6M | 0.1% |
654,539
+109,596
| +20% | +$12.2M |
|
|
NUVA
129
DELISTED
NuVasive, Inc.
NUVA
| $72.4M | 0.1% |
1,305,209
-16,214
| -1% | -$1.07M |
|
|
AAWW
130
DELISTED
Atlas Air Worldwide Holdings, Inc.
AAWW
| $72.2M | 0.1% |
1,096,612
-14,285
| -1% | -$893K |
|
131
Stratasys
SSYS
$774M
| $71.3M | 0.1% |
3,082,900
-15,671
| -0.5% | -$362K |
|
132
Lazard
LAZ
$4.31B
| $69.7M | 0.1% |
1,540,712
-17,680
| -1% | -$784K |
|
133
Henry Schein
HSIC
$9.82B
| $69.2M | 0.1% |
1,076,235
-3,611
| -0.3% | -$246K |
|
134
Boeing
BA
$185B
| $69.2M | 0.1% |
272,230
-17,573
| -6% | -$4.1M |
|
|
LSI
135
DELISTED
Life Storage, Inc.
LSI
| $67.1M | 0.09% |
1,230,389
-18,330
| -1% | -$920K |
|
136
HUB Group
HUBG
$2.92B
| $66M | 0.09% |
3,075,432
-26,986
| -0.9% | -$515K |
|
137
Glacier Bancorp
GBCI
$6.35B
| $65.4M | 0.09% |
1,732,331
-23,580
| -1% | -$817K |
|
138
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$7.31B
| $64.6M | 0.09% |
577,093
+125,737
| +28% | +$14M |
|
139
Integer Holdings
ITGR
$4.26B
| $63.8M | 0.09% |
1,248,229
-10,415
| -0.8% | -$477K |
|
140
RLJ Lodging Trust
RLJ
$1.69B
| $63.7M | 0.09% |
2,893,935
-33,025
| -1% | -$680K |
|
141
iShares MSCI Europe Financials ETF
EUFN
$4.3B
| $61.9M | 0.09% |
2,634,187
+133,847
| +5% | +$3.06M |
|
|
MGLN
142
DELISTED
Magellan Health Services, Inc.
MGLN
| $61.8M | 0.09% |
716,326
-8,320
| -1% | -$656K |
|
143
Bio-Rad Laboratories Class A
BIO
$9.42B
| $61.7M | 0.09% |
277,441
-2,148
| -0.8% | -$483K |
|
144
MKS Inc
MKSI
$20.6B
| $61.6M | 0.09% |
652,419
-83,690
| -11% | -$6.84M |
|
145
AbbVie
ABBV
$435B
| $60.7M | 0.09% |
683,274
-3,245
| -0.5% | -$247K |
|
|
CAVM
146
DELISTED
Cavium, Inc.
CAVM
| $60.4M | 0.08% |
916,197
+174,209
| +23% | +$11M |
|
|
CADE
147
DELISTED
Cadence Bank
CADE
| $59.9M | 0.08% |
1,867,428
-113,685
| -6% | -$3.4M |
|
148
Artisan Partners
APAM
$3.02B
| $58.6M | 0.08% |
1,798,359
-28,594
| -2% | -$889K |
|
149
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$67.8B
| $58.3M | 0.08% |
662,774
-4,187
| -0.6% | -$368K |
|
|
JHG
150
DELISTED
Janus Henderson
JHG
| $57.5M | 0.08% |
1,650,825
-207,483
| -11% | -$7.05M |
|
Similar funds
Fisher Asset Management's Q3 2017 Portfolio in Review
As of Q3 2017, Fisher Asset Management held 922 positions worth $71.3B, up 7.5% from $66.3B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Fisher Asset Management's Q3 2017 filing shows 120 new, 343 increased, 284 reduced and 79 closed positions. Its largest new stake was Coresite Realty Corporation: 286,849 shares worth $32.1M. The largest sale was Parexel International Corp, an estimated $184M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, up from 18% a quarter earlier, followed by Technology and Healthcare.
- Fisher Asset Management's largest Q3 2017 buy was Coresite Realty Corporation: 286,849 shares worth $32.1M.
- Fisher Asset Management added most to BAYER AG SPONS ADR in Q3 2017, an estimated $535M increase.
- Fisher Asset Management's biggest Q3 2017 reduction was PNC Financial Services, cutting an estimated $31M.
- Fisher Asset Management fully exited Parexel International Corp in Q3 2017, selling an estimated $184M.
- Fisher Asset Management's ten largest holdings make up 23% of its $71.3B portfolio in Q3 2017.
- Fisher Asset Management opened 120 new positions and closed 79 in Q3 2017.
- Fisher Asset Management's portfolio value rose 7.5% quarter-over-quarter to $71.3B.
Based on Fisher Asset Management's 13F filing for Q3 2017, filed 17 Oct 2017.