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 |
Apple
AAPL
|
+$92.2M |
| 2 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$83.3M |
| 3 |
HPY
HEARTLAND PAYMENT SYSTEMS, INC. COM STK
HPY
|
+$76M |
| 4 |
FIEG
FI Enhanced Global High Yield Exchange Traded Notes
FIEG
|
+$45.3M |
| 5 |
AAWW
Atlas Air Worldwide Holdings, Inc.
AAWW
|
+$44.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI EAFE ETF
EFA
|
+$208M |
| 2 |
Vanguard S&P 500 ETF
VOO
|
+$150M |
| 3 |
FCS
FAIRCHILD SEMICONDUCTOR INTL INC COMMON
FCS
|
+$66.6M |
| 4 |
OVTI
OMNIVISION TECHNOLOGIES INC
OVTI
|
+$48.3M |
| 5 |
CEO
CNOOC Limited
CEO
|
+$44M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.85% |
| 2 | Technology | 12.89% |
| 3 | Healthcare | 12.55% |
| 4 | Industrials | 7.74% |
| 5 | Consumer Discretionary | 7.22% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
MENT
151
DELISTED
Mentor Graphics Corp
MENT
| $37.1M | 0.08% |
1,686,723
-36,325
| -2% | -$789K |
|
|
BAY
152
DELISTED
BAYER AG SPONS ADR
BAY
| $36.6M | 0.08% |
270,713
+188,102
| +228% | +$25.5M |
|
153
Canadian National Railway
CNI
$75.7B
| $36.2M | 0.08% |
644,046
-17,771
| -3% | -$979K |
|
|
DFT
154
DELISTED
DuPont Fabros Technology Inc.
DFT
| $36.1M | 0.08% |
1,499,095
-16,720
| -1% | -$421K |
|
155
Idacorp
IDA
$8.08B
| $35.9M | 0.08% |
647,172
-9,870
| -2% | -$529K |
|
156
Mitsubishi UFJ Financial
MUFG
$251B
| $35.6M | 0.08% |
6,422,770
-2,214,805
| -26% | -$13.2M |
|
157
Plexus
PLXS
$7.13B
| $34.9M | 0.08% |
871,446
-12,360
| -1% | -$505K |
|
158
AbbVie
ABBV
$438B
| $32.2M | 0.07% |
627,139
-415,382
| -40% | -$21M |
|
159
Acadia Realty Trust
AKR
$2.78B
| $31M | 0.07% |
1,175,326
-15,250
| -1% | -$393K |
|
160
Capitol Federal Financial
CFFN
$1.08B
| $28.7M | 0.06% |
2,287,526
-46,925
| -2% | -$573K |
|
161
Polaris
PII
$3.97B
| $28.4M | 0.06% |
203,588
-4,262
| -2% | -$575K |
|
|
RDEN
162
DELISTED
ELIZABETH ARDEN INC
RDEN
| $27.7M | 0.06% |
939,239
-149,315
| -14% | -$4.44M |
|
163
Revvity
RVTY
$12.9B
| $27.4M | 0.06% |
609,140
-7,395
| -1% | -$325K |
|
164
Avista
AVA
$3.2B
| $27.2M | 0.06% |
888,905
-17,540
| -2% | -$510K |
|
165
United Natural Foods
UNFI
$2.8B
| $27.2M | 0.06% |
383,040
-77,945
| -17% | -$5.56M |
|
|
EDR
166
DELISTED
Education Realty Trust Inc
EDR
| $26.8M | 0.06% |
905,062
-19,415
| -2% | -$543K |
|
167
Integra LifeSciences
IART
$1.33B
| $26.4M | 0.06% |
1,404,801
-26,911
| -2% | -$519K |
|
168
United Parcel Service
UPS
$89.1B
| $26.1M | 0.06% |
267,951
-56,114
| -17% | -$5.47M |
|
169
Pegasystems
PEGA
$5.43B
| $25.6M | 0.06% |
2,903,120
-17,900
| -0.6% | -$193K |
|
|
ESRX
170
DELISTED
Express Scripts Holding Company
ESRX
| $25.3M | 0.06% |
337,475
-222,945
| -40% | -$16.7M |
|
171
Goldman Sachs
GS
$301B
| $23.9M | 0.05% |
145,904
-97,809
| -40% | -$16.5M |
|
|
VRE
172
DELISTED
Veris Residential
VRE
| $22.7M | 0.05% |
1,094,035
-14,425
| -1% | -$303K |
|
173
MKS Inc
MKSI
$19.8B
| $22.7M | 0.05% |
759,749
-16,250
| -2% | -$488K |
|
174
Extra Space Storage
EXR
$31B
| $22.7M | 0.05% |
467,512
-13,510
| -3% | -$626K |
|
175
Vanguard FTSE Europe ETF
VGK
$31B
| $21.6M | 0.05% |
366,613
+18,098
| +5% | +$1.06M |
|
Similar funds
Fisher Asset Management's Q1 2014 Portfolio in Review
As of Q1 2014, Fisher Asset Management held 629 positions worth $44.3B, up 0.5% from $44.1B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Fisher Asset Management's Q1 2014 filing shows 68 new, 131 increased, 316 reduced and 43 closed positions. Its largest new stake was HEARTLAND PAYMENT SYSTEMS, INC. COM STK: 1,748,920 shares worth $72.5M. The largest sale was iShares MSCI EAFE ETF, an estimated $208M.
By sector, the portfolio is most concentrated in Financials at 20% of assets, up from 20% a quarter earlier, followed by Technology and Healthcare.
- Fisher Asset Management's largest Q1 2014 buy was HEARTLAND PAYMENT SYSTEMS, INC. COM STK: 1,748,920 shares worth $72.5M.
- Fisher Asset Management added most to Apple in Q1 2014, an estimated $92.2M increase.
- Fisher Asset Management's biggest Q1 2014 reduction was iShares MSCI EAFE ETF, cutting an estimated $208M.
- Fisher Asset Management fully exited TECHNIP ADS (EA REPTG ONE ORD SHS) in Q1 2014, selling an estimated $38.8M.
- Fisher Asset Management's ten largest holdings make up 23% of its $44.3B portfolio in Q1 2014.
- Fisher Asset Management opened 68 new positions and closed 43 in Q1 2014.
- Fisher Asset Management's portfolio value rose 0.5% quarter-over-quarter to $44.3B.
Based on Fisher Asset Management's 13F filing for Q1 2014, filed 22 Apr 2014.