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 |
FIYY
Barclays ETN+ FI Enhanced Global High Yield ETN Series B
FIYY
|
+$1.49B |
| 2 |
FFEU
Barclays ETN+ FI Enhanced Europe 50 ETN Series C
FFEU
|
+$423M |
| 3 |
SLB Ltd
SLB
|
+$408M |
| 4 |
RDS.A
Royal Dutch Shell PLC ADS Class A
RDS.A
|
+$340M |
| 5 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$180M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FIGY
Barclays ETN+ FI Enhanced Global High Yield ETN
FIGY
|
+$1.59B |
| 2 |
FEEU
Barclays ETN+ FI Enhanced Europe 50 ETN
FEEU
|
+$464M |
| 3 |
Citigroup
C
|
+$340M |
| 4 |
American Express
AXP
|
+$206M |
| 5 |
CAA
CalAtlantic Group, Inc.
CAA
|
+$123M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16.58% |
| 2 | Technology | 14.9% |
| 3 | Healthcare | 12.05% |
| 4 | Consumer Discretionary | 9.38% |
| 5 | Consumer Staples | 5.59% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
151
Artisan Partners
APAM
$3.06B
| $58.5M | 0.08% |
1,756,648
-38,387
| -2% | -$1.38M |
|
152
Mastercard
MA
$496B
| $58.1M | 0.08% |
331,824
+5,666
| +2% | +$968K |
|
|
CADE
153
DELISTED
Cadence Bank
CADE
| $57.4M | 0.08% |
1,805,998
-37,097
| -2% | -$1.22M |
|
154
Meta Platforms (Facebook)
META
$1.54T
| $57.2M | 0.08% |
357,835
+65,876
| +23% | +$11.8M |
|
155
Vanguard FTSE Europe ETF
VGK
$31.1B
| $56.5M | 0.08% |
972,125
+77,328
| +9% | +$4.64M |
|
156
Helmerich & Payne
HP
$4.24B
| $56.2M | 0.07% |
844,400
+482,539
| +133% | +$32.5M |
|
157
RLJ Lodging Trust
RLJ
$1.67B
| $54.8M | 0.07% |
2,818,191
-50,769
| -2% | -$1.08M |
|
|
PC
158
DELISTED
PANASONIC CORP ADR (REP 1 SHR COM STK) (JP)
PC
| $54.5M | 0.07% |
3,856,454
+267,760
| +7% | +$3.79M |
|
|
ETFC
159
DELISTED
E*Trade Financial Corporation
ETFC
| $54.5M | 0.07% |
983,663
-21,247
| -2% | -$1.13M |
|
|
WMGI
160
DELISTED
Wright Medical Group Inc
WMGI
| $54.5M | 0.07% |
2,744,485
-98,732
| -3% | -$2.12M |
|
|
FIGY
161
DELISTED
Barclays ETN+ FI Enhanced Global High Yield ETN
FIGY
| $54.3M | 0.07% |
336,206
-9,348,140
| -97% | -$1.59B |
|
|
JHG
162
DELISTED
Janus Henderson
JHG
| $53.2M | 0.07% |
1,609,152
-31,623
| -2% | -$1.17M |
|
163
Integra LifeSciences
IART
$1.36B
| $53M | 0.07% |
956,830
-38,560
| -4% | -$2.02M |
|
164
Vanguard S&P 500 ETF
VOO
$1.03T
| $52.4M | 0.07% |
216,400
+49,966
| +30% | +$12.5M |
|
165
Henry Schein
HSIC
$9.93B
| $51.9M | 0.07% |
984,323
-56,472
| -5% | -$3.13M |
|
166
iShares MSCI Japan ETF
EWJ
$22.7B
| $51.7M | 0.07% |
851,719
+248
| +0% | +$15.2K |
|
167
Diageo
DEO
$53B
| $51.4M | 0.07% |
379,277
-43,205
| -10% | -$6.01M |
|
168
Regal Rexnord
RRX
$11.7B
| $51.3M | 0.07% |
699,538
-5,945
| -0.8% | -$447K |
|
|
MZTI
169
The Marzetti Company
MZTI
$3.19B
| $50.3M | 0.07% |
408,580
-8,661
| -2% | -$1.07M |
|
170
Cemex
CX
$16B
| $50.1M | 0.07% |
7,573,830
-505,100
| -6% | -$3.78M |
|
|
MDP
171
DELISTED
Meredith Corporation
MDP
| $48.7M | 0.06% |
904,928
-17,461
| -2% | -$1.04M |
|
172
Colgate-Palmolive
CL
$73.9B
| $48.6M | 0.06% |
678,491
+93,375
| +16% | +$6.72M |
|
|
AXE
173
DELISTED
Anixter International Inc
AXE
| $47.4M | 0.06% |
625,822
-8,719
| -1% | -$679K |
|
174
Core Laboratories
CLB
$567M
| $47.4M | 0.06% |
+438,014
| New | +$48.5M |
|
175
UMB Financial
UMBF
$11.3B
| $46.7M | 0.06% |
644,927
-9,625
| -1% | -$721K |
|
Similar funds
Fisher Asset Management's Q1 2018 Portfolio in Review
As of Q1 2018, Fisher Asset Management held 991 positions worth $75.4B, down 1.5% from $76.6B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Fisher Asset Management's Q1 2018 filing shows 69 new, 261 increased, 401 reduced and 162 closed positions. Its largest new stake was Barclays ETN+ FI Enhanced Global High Yield ETN Series B: 15,406,823 shares worth $1.49B. The largest sale was Barclays ETN+ FI Enhanced Global High Yield ETN, an estimated $1.59B.
By sector, the portfolio is most concentrated in Financials at 17% of assets, down from 17% a quarter earlier, followed by Technology and Healthcare.
- Fisher Asset Management's largest Q1 2018 buy was Barclays ETN+ FI Enhanced Global High Yield ETN Series B: 15,406,823 shares worth $1.49B.
- Fisher Asset Management added most to SLB Ltd in Q1 2018, an estimated $408M increase.
- Fisher Asset Management's biggest Q1 2018 reduction was Barclays ETN+ FI Enhanced Global High Yield ETN, cutting an estimated $1.59B.
- Fisher Asset Management fully exited CalAtlantic Group, Inc. in Q1 2018, selling an estimated $123M.
- Fisher Asset Management's ten largest holdings make up 26% of its $75.4B portfolio in Q1 2018.
- Fisher Asset Management opened 69 new positions and closed 162 in Q1 2018.
- Fisher Asset Management's portfolio value fell 1.5% quarter-over-quarter to $75.4B.
Based on Fisher Asset Management's 13F filing for Q1 2018, filed 19 Apr 2018.