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 |
iShares MSCI Europe Financials ETF
EUFN
|
+$427M |
| 2 |
iShares Global Energy ETF
IXC
|
+$357M |
| 3 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$322M |
| 4 |
iShares MSCI Spain ETF
EWP
|
+$194M |
| 5 |
FRLG
Large Cap Growth Index-Linked Exchange Traded Notes due 2028
FRLG
|
+$193M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TotalEnergies
TTE
|
+$208M |
| 2 |
ING
ING
|
+$123M |
| 3 |
Banco Bilbao Vizcaya Argentaria
BBVA
|
+$90.3M |
| 4 |
Banco Santander
SAN
|
+$82.1M |
| 5 |
Freeport-McMoran
FCX
|
+$57.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.57% |
| 2 | Financials | 12.78% |
| 3 | Healthcare | 11.18% |
| 4 | Consumer Discretionary | 8.38% |
| 5 | Energy | 6.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
176
iShares Global Healthcare ETF
IXJ
$4.24B
| $50.3M | 0.06% |
815,892
+757,130
| +1,288% | +$45.4M |
|
177
ProPetro Holding
PUMP
$1.43B
| $50.2M | 0.06% |
2,427,455
+96,526
| +4% | +$2.05M |
|
178
ENI
E
$79.4B
| $49.2M | 0.05% |
1,490,039
+423,522
| +40% | +$14M |
|
179
Mid-America Apartment Communities
MAA
$15.4B
| $48.6M | 0.05% |
413,124
-21,694
| -5% | -$2.44M |
|
180
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
$10.8B
| $47.1M | 0.05% |
1,529,410
+144,617
| +10% | +$4.42M |
|
181
iShares Global Industrials ETF
EXI
$1.47B
| $46.9M | 0.05% |
+512,420
| New | +$46.3M |
|
182
Diageo
DEO
$54B
| $46M | 0.05% |
266,816
-18,067
| -6% | -$3.04M |
|
183
Synaptics
SYNA
$4.09B
| $45.5M | 0.05% |
1,560,660
-34,917
| -2% | -$1.14M |
|
184
MSCI
MSCI
$40.9B
| $45.5M | 0.05% |
190,381
+51,438
| +37% | +$11.5M |
|
185
RLJ Lodging Trust
RLJ
$1.67B
| $45M | 0.05% |
2,535,561
-92,637
| -4% | -$1.68M |
|
186
Artisan Partners
APAM
$3B
| $44.4M | 0.05% |
1,614,233
+229
| +0% | +$6.1K |
|
187
Intuitive Surgical
ISRG
$139B
| $44M | 0.05% |
251,604
+74,670
| +42% | +$12.8M |
|
188
Invesco S&P 500 Top 50 ETF
XLG
$11B
| $43.9M | 0.05% |
2,093,500
+197,970
| +10% | +$4.1M |
|
189
Integra LifeSciences
IART
$1.33B
| $43.6M | 0.05% |
781,166
+5,698
| +0.7% | +$293K |
|
190
CONMED
CNMD
$1.48B
| $43.5M | 0.05% |
507,822
-8,151
| -2% | -$670K |
|
191
iShare MSCI Eurozone ETF
EZU
$9.88B
| $43.4M | 0.05% |
1,098,212
+66,843
| +6% | +$2.63M |
|
192
Occidental Petroleum
OXY
$58.6B
| $43.4M | 0.05% |
863,227
-67,088
| -7% | -$3.78M |
|
193
Equinor
EQNR
$97.4B
| $43M | 0.05% |
2,175,636
+336,136
| +18% | +$7.1M |
|
194
Ecopetrol
EC
$35.1B
| $42.9M | 0.05% |
2,345,309
-56,755
| -2% | -$1.06M |
|
195
Delek US
DK
$3.72B
| $42.8M | 0.05% |
1,055,903
+53,036
| +5% | +$1.94M |
|
|
MNDT
196
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $42.4M | 0.05% |
2,865,834
-74,188
| -3% | -$1.14M |
|
197
Revvity
RVTY
$12.9B
| $42.2M | 0.05% |
437,796
+3,723
| +0.9% | +$347K |
|
198
Gilead Sciences
GILD
$165B
| $42.1M | 0.05% |
623,051
+7,250
| +1% | +$477K |
|
|
AXE
199
DELISTED
Anixter International Inc
AXE
| $41.2M | 0.05% |
690,532
-29,739
| -4% | -$1.75M |
|
200
Honeywell
HON
$77B
| $41.2M | 0.05% |
250,181
+108,666
| +77% | +$17.3M |
|
Similar funds
Fisher Asset Management's Q2 2019 Portfolio in Review
As of Q2 2019, Fisher Asset Management held 967 positions worth $90.5B, up 6% from $85.3B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Fisher Asset Management's Q2 2019 filing shows 105 new, 388 increased, 294 reduced and 65 closed positions. Its largest new stake was State Street SPDR S&P Metals & Mining ETF: 3,272,430 shares worth $92.9M. The largest sale was TotalEnergies, an estimated $208M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 18% a quarter earlier, followed by Financials and Healthcare.
- Fisher Asset Management's largest Q2 2019 buy was State Street SPDR S&P Metals & Mining ETF: 3,272,430 shares worth $92.9M.
- Fisher Asset Management added most to iShares MSCI Europe Financials ETF in Q2 2019, an estimated $427M increase.
- Fisher Asset Management's biggest Q2 2019 reduction was TotalEnergies, cutting an estimated $208M.
- Fisher Asset Management fully exited Rowan Companies Plc in Q2 2019, selling an estimated $10.6M.
- Fisher Asset Management's ten largest holdings make up 27% of its $90.5B portfolio in Q2 2019.
- Fisher Asset Management opened 105 new positions and closed 65 in Q2 2019.
- Fisher Asset Management's portfolio value rose 6% quarter-over-quarter to $90.5B.
Based on Fisher Asset Management's 13F filing for Q2 2019, filed 30 Jul 2019.