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 |
UBS Group
UBS
|
+$423M |
| 2 |
CS
Credit Suisse Group
CS
|
+$261M |
| 3 |
Barclays
BCS
|
+$240M |
| 4 |
ABB
ABB Ltd
ABB
|
+$161M |
| 5 |
Trip.com Group
TCOM
|
+$113M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Lloyds Banking Group
LYG
|
+$230M |
| 2 |
SI
SIEMENS AKTIENGESELLSCHAFT ADS
SI
|
+$162M |
| 3 |
BF
BASF AKTIENGESELLT ADS(RP1 ORD
BF
|
+$84M |
| 4 |
BHP
BHP
|
+$60.3M |
| 5 |
SUSQ
SUSQUEHANNA BANCSHARES INC
SUSQ
|
+$42.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 21.7% |
| 2 | Healthcare | 13.73% |
| 3 | Technology | 13.21% |
| 4 | Industrials | 7.16% |
| 5 | Consumer Discretionary | 6.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
Vanguard FTSE Europe ETF
VGK
$31B
| $21.5M | 0.04% |
410,176
+4,910
| +1% | +$263K |
|
|
NTUS
202
DELISTED
Natus Medical Inc
NTUS
| $21.1M | 0.04% |
585,730
+37,235
| +7% | +$1.25M |
|
203
Ecopetrol
EC
$35.1B
| $20.9M | 0.04% |
1,222,573
+159,518
| +15% | +$3.8M |
|
|
SGI
204
Somnigroup International
SGI
$13.6B
| $20.6M | 0.04% |
1,502,960
-46,780
| -3% | -$638K |
|
|
FRC
205
DELISTED
First Republic Bank
FRC
| $20.6M | 0.04% |
394,334
-4,589
| -1% | -$231K |
|
206
Ameriprise Financial
AMP
$49.2B
| $19.9M | 0.04% |
150,224
-11,766
| -7% | -$1.49M |
|
207
COPT Defense Properties
CDP
$4.14B
| $19.7M | 0.04% |
694,338
-18,755
| -3% | -$516K |
|
208
Mastercard
MA
$493B
| $19.4M | 0.04% |
224,616
+3,122
| +1% | +$255K |
|
209
Invesco S&P 500 Top 50 ETF
XLG
$11B
| $18.9M | 0.04% |
1,330,770
+69,720
| +6% | +$977K |
|
210
Zimmer Biomet
ZBH
$18.7B
| $18.6M | 0.04% |
169,045
-6,178
| -4% | -$651K |
|
211
Gerdau
GGB
$9.74B
| $18.6M | 0.04% |
6,583,985
+1,368,783
| +26% | +$4.54M |
|
212
Omnicell
OMCL
$1.7B
| $18.5M | 0.04% |
559,000
+66,522
| +14% | +$2.06M |
|
213
CONMED
CNMD
$1.48B
| $18.2M | 0.04% |
405,705
-8,105
| -2% | -$340K |
|
214
3M
MMM
$93.9B
| $17.6M | 0.04% |
127,759
+124,474
| +3,789% | +$16M |
|
|
CYN
215
DELISTED
CITY NATIONAL CORPORATION
CYN
| $17.5M | 0.04% |
216,818
+610
| +0.3% | +$47.1K |
|
216
Vanguard FTSE Developed Markets ETF
VEA
$236B
| $17.2M | 0.04% |
452,813
+173,110
| +62% | +$6.7M |
|
|
TSS
217
DELISTED
Total System Services, Inc.
TSS
| $17.1M | 0.04% |
502,986
+123,240
| +32% | +$3.99M |
|
218
State Street Health Care Select Sector SPDR ETF
XLV
$44B
| $16.9M | 0.04% |
247,355
+12,557
| +5% | +$840K |
|
219
Kroger
KR
$34.6B
| $16.5M | 0.03% |
514,670
-104,610
| -17% | -$3.03M |
|
|
SNDK
220
DELISTED
SANDISK CORP
SNDK
| $16.3M | 0.03% |
166,197
-30,804
| -16% | -$2.95M |
|
|
STJ
221
DELISTED
St Jude Medical
STJ
| $15.8M | 0.03% |
243,188
-12,475
| -5% | -$803K |
|
222
Cullen/Frost Bankers
CFR
$10.3B
| $15.7M | 0.03% |
222,553
-2,254
| -1% | -$170K |
|
|
PCH
223
DELISTED
PotlatchDeltic
PCH
| $15.7M | 0.03% |
374,101
| – | – |
|
224
Fidelity National Information Services
FIS
$21.9B
| $15.1M | 0.03% |
242,190
-1,402
| -0.6% | -$82.4K |
|
225
Equifax
EFX
$21.3B
| $14.9M | 0.03% |
184,712
-24,268
| -12% | -$1.88M |
|
Similar funds
Fisher Asset Management's Q4 2014 Portfolio in Review
As of Q4 2014, Fisher Asset Management held 664 positions worth $48.4B, up 3.1% from $46.9B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Fisher Asset Management's Q4 2014 filing shows 80 new, 228 increased, 245 reduced and 44 closed positions. Its largest new stake was UBS Group: 24,721,456 shares worth $422M. The largest sale was Lloyds Banking Group, an estimated $230M.
By sector, the portfolio is most concentrated in Financials at 22% of assets, up from 20% a quarter earlier, followed by Healthcare and Technology.
- Fisher Asset Management's largest Q4 2014 buy was UBS Group: 24,721,456 shares worth $422M.
- Fisher Asset Management added most to Credit Suisse Group in Q4 2014, an estimated $261M increase.
- Fisher Asset Management's biggest Q4 2014 reduction was Lloyds Banking Group, cutting an estimated $230M.
- Fisher Asset Management fully exited SUSQUEHANNA BANCSHARES INC in Q4 2014, selling an estimated $42.8M.
- Fisher Asset Management's ten largest holdings make up 22% of its $48.4B portfolio in Q4 2014.
- Fisher Asset Management opened 80 new positions and closed 44 in Q4 2014.
- Fisher Asset Management's portfolio value rose 3.1% quarter-over-quarter to $48.4B.
Based on Fisher Asset Management's 13F filing for Q4 2014, filed 29 Jan 2015.