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 | |
|---|---|---|---|---|---|---|
151
Invesco QQQ Trust
QQQ
$481B
| $54.5M | 0.08% |
374,972
+17,587
| +5% | +$2.52M |
|
|
AXE
152
DELISTED
Anixter International Inc
AXE
| $54.2M | 0.08% |
637,691
-9,890
| -2% | -$760K |
|
|
INFN
153
DELISTED
Infinera Corporation Common Stock
INFN
| $54M | 0.08% |
6,089,914
+1,126,763
| +23% | +$10.8M |
|
154
Meta Platforms (Facebook)
META
$1.51T
| $52.6M | 0.07% |
307,838
+18,266
| +6% | +$3.05M |
|
155
Teledyne Technologies
TDY
$32B
| $52.5M | 0.07% |
329,670
-4,481
| -1% | -$651K |
|
156
Mid-America Apartment Communities
MAA
$15.7B
| $52.2M | 0.07% |
488,661
-36,052
| -7% | -$3.78M |
|
157
Boston Beer
SAM
$1.92B
| $52.2M | 0.07% |
333,982
+16,431
| +5% | +$2.4M |
|
|
MDP
158
DELISTED
Meredith Corporation
MDP
| $51.5M | 0.07% |
928,746
-5,210
| -0.6% | -$295K |
|
159
Integra LifeSciences
IART
$1.34B
| $50.7M | 0.07% |
1,005,255
-4,805
| -0.5% | -$247K |
|
160
Regal Rexnord
RRX
$11.9B
| $50.7M | 0.07% |
642,326
+13,942
| +2% | +$1.11M |
|
|
MZTI
161
The Marzetti Company
MZTI
$3.11B
| $50.4M | 0.07% |
419,791
+16,908
| +4% | +$2.04M |
|
162
UMB Financial
UMBF
$11.1B
| $50.2M | 0.07% |
674,037
-5,486
| -0.8% | -$384K |
|
|
THS
163
DELISTED
Treehouse Foods
THS
| $49.7M | 0.07% |
734,027
-3,067
| -0.4% | -$226K |
|
164
Blackrock
BLK
$176B
| $49.4M | 0.07% |
110,518
+1,115
| +1% | +$476K |
|
165
Charles River Laboratories
CRL
$12.8B
| $48.8M | 0.07% |
452,156
-5,416
| -1% | -$556K |
|
166
Mitsubishi UFJ Financial
MUFG
$254B
| $48.6M | 0.07% |
7,547,634
+25,529
| +0.3% | +$161K |
|
167
Vanguard FTSE Europe ETF
VGK
$31.1B
| $47.1M | 0.07% |
808,074
+55,059
| +7% | +$3.12M |
|
168
MSC Industrial Direct
MSM
$6.86B
| $46.9M | 0.07% |
620,882
-4,812
| -0.8% | -$349K |
|
|
ETFC
169
DELISTED
E*Trade Financial Corporation
ETFC
| $46.1M | 0.06% |
1,057,146
+611
| +0.1% | +$24.8K |
|
170
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
$10.8B
| $45.9M | 0.06% |
1,495,260
+8,380
| +0.6% | +$257K |
|
|
LUX
171
DELISTED
Luxottica Group
LUX
| $45.6M | 0.06% |
815,270
-3,221
| -0.4% | -$180K |
|
172
Mastercard
MA
$493B
| $45.4M | 0.06% |
321,219
+7,244
| +2% | +$959K |
|
173
Prosperity Bancshares
PB
$8.89B
| $44.6M | 0.06% |
677,935
-11,775
| -2% | -$737K |
|
174
Salesforce
CRM
$158B
| $41.8M | 0.06% |
447,855
-13,949
| -3% | -$1.28M |
|
175
Mueller Industries
MLI
$15.2B
| $41.6M | 0.06% |
4,757,376
-33,300
| -0.7% | -$255K |
|
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.