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 | |
|---|---|---|---|---|---|---|
176
WPP
WPP
$5.63B
| $41.2M | 0.06% |
444,405
+521
| +0.1% | +$51.1K |
|
177
Canadian National Railway
CNI
$75.9B
| $40.8M | 0.06% |
491,920
-247
| -0.1% | -$20K |
|
178
iShares MSCI Japan ETF
EWJ
$22.7B
| $40M | 0.06% |
717,870
+23,291
| +3% | +$1.27M |
|
179
AAR Corp
AIR
$5.82B
| $39.9M | 0.06% |
1,056,627
-12,725
| -1% | -$461K |
|
180
Plexus
PLXS
$7.19B
| $39.5M | 0.06% |
705,057
-7,505
| -1% | -$395K |
|
181
Revvity
RVTY
$12.9B
| $39.4M | 0.06% |
571,783
-9,664
| -2% | -$648K |
|
182
Darling Ingredients
DAR
$9.92B
| $39.3M | 0.06% |
2,243,446
-25,245
| -1% | -$427K |
|
183
Texas Capital Bancshares
TCBI
$4.32B
| $39.2M | 0.06% |
457,439
-32,866
| -7% | -$2.55M |
|
|
CELG
184
DELISTED
Celgene Corp
CELG
| $38.7M | 0.05% |
265,695
+1,766
| +0.7% | +$241K |
|
|
WDR
185
DELISTED
Waddell & Reed Financial, Inc.
WDR
| $38.6M | 0.05% |
1,924,083
+131,676
| +7% | +$2.53M |
|
186
Gilead Sciences
GILD
$166B
| $38M | 0.05% |
469,400
+9,245
| +2% | +$707K |
|
187
State Street Health Care Select Sector SPDR ETF
XLV
$43.8B
| $37.9M | 0.05% |
463,590
-4,728
| -1% | -$380K |
|
188
Perrigo
PRGO
$1.73B
| $37.9M | 0.05% |
447,270
-18,682
| -4% | -$1.45M |
|
|
MNDT
189
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $36.7M | 0.05% |
2,187,245
+130,634
| +6% | +$2.01M |
|
190
Qualcomm
QCOM
$172B
| $36.5M | 0.05% |
703,913
-389,485
| -36% | -$20.6M |
|
191
Invesco S&P 500 Top 50 ETF
XLG
$11B
| $35.8M | 0.05% |
2,012,070
+92,070
| +5% | +$1.61M |
|
|
FRC
192
DELISTED
First Republic Bank
FRC
| $34.8M | 0.05% |
333,278
-2,421
| -0.7% | -$240K |
|
193
Progress Software
PRGS
$1.77B
| $34.5M | 0.05% |
904,152
-7,190
| -0.8% | -$240K |
|
|
CONE
194
DELISTED
CyrusOne Inc Common Stock
CONE
| $34.2M | 0.05% |
580,216
+534,919
| +1,181% | +$31.9M |
|
195
Biogen
BIIB
$30.7B
| $33.8M | 0.05% |
107,864
-1,265
| -1% | -$375K |
|
|
MDRX
196
DELISTED
Veradigm Inc. Common Stock
MDRX
| $33.4M | 0.05% |
+2,343,733
| New | +$30.3M |
|
197
CONMED
CNMD
$1.49B
| $32.4M | 0.05% |
618,378
+19,015
| +3% | +$955K |
|
198
Texas Instruments
TXN
$257B
| $32.4M | 0.05% |
361,062
+2,113
| +0.6% | +$174K |
|
|
LNCE
199
DELISTED
Snyders-Lance, Inc.
LNCE
| $32.4M | 0.05% |
848,285
+63,839
| +8% | +$2.3M |
|
200
Idacorp
IDA
$8.11B
| $32.2M | 0.05% |
366,668
-3,325
| -0.9% | -$291K |
|
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.