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 Taiwan ETF
EWT
|
+$145M |
| 2 |
Qorvo
QRVO
|
+$134M |
| 3 |
Infosys
INFY
|
+$71.4M |
| 4 |
TTM
Tata Motors Limited
TTM
|
+$56.4M |
| 5 |
Dr. Reddy's Laboratories
RDY
|
+$56.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TQNT
TRIQUINT SEMICONDUCTOR INC
TQNT
|
+$154M |
| 2 |
Vanguard S&P 500 ETF
VOO
|
+$51.1M |
| 3 |
NETGEAR
NTGR
|
+$39.5M |
| 4 |
FIGY
Barclays ETN+ FI Enhanced Global High Yield ETN
FIGY
|
+$37.1M |
| 5 |
FEEU
Barclays ETN+ FI Enhanced Europe 50 ETN
FEEU
|
+$26.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 20.41% |
| 2 | Healthcare | 14.51% |
| 3 | Technology | 13.39% |
| 4 | Consumer Discretionary | 7.23% |
| 5 | Industrials | 6.9% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
FRC
201
DELISTED
First Republic Bank
FRC
| $23.4M | 0.05% |
409,284
+14,950
| +4% | +$813K |
|
202
Ford
F
$56.1B
| $22.7M | 0.05% |
1,406,661
+360
| +0% | +$5.68K |
|
203
Invesco QQQ Trust
QQQ
$477B
| $22.6M | 0.05% |
213,921
-170,799
| -44% | -$17.9M |
|
|
NTUS
204
DELISTED
Natus Medical Inc
NTUS
| $22.5M | 0.04% |
569,711
-16,019
| -3% | -$591K |
|
205
Landstar System
LSTR
$6B
| $21.8M | 0.04% |
+328,545
| New | +$22.3M |
|
206
NETSCOUT
NTCT
$2.81B
| $21.8M | 0.04% |
496,184
+128,200
| +35% | +$4.96M |
|
207
Union Pacific
UNP
$173B
| $21.2M | 0.04% |
195,912
+7,354
| +4% | +$863K |
|
208
Ameriprise Financial
AMP
$49.9B
| $20.6M | 0.04% |
157,248
+7,024
| +5% | +$925K |
|
209
COPT Defense Properties
CDP
$4.15B
| $20.2M | 0.04% |
689,038
-5,300
| -0.8% | -$157K |
|
|
TSS
210
DELISTED
Total System Services, Inc.
TSS
| $20.1M | 0.04% |
526,911
+23,925
| +5% | +$876K |
|
211
CONMED
CNMD
$1.5B
| $19.9M | 0.04% |
393,394
-12,311
| -3% | -$603K |
|
212
Zimmer Biomet
ZBH
$18.7B
| $19.8M | 0.04% |
173,742
+4,697
| +3% | +$536K |
|
213
Equifax
EFX
$21.3B
| $19.6M | 0.04% |
210,947
+26,235
| +14% | +$2.33M |
|
214
Mastercard
MA
$494B
| $19.6M | 0.04% |
226,588
+1,972
| +0.9% | +$171K |
|
215
Invesco S&P 500 Top 50 ETF
XLG
$10.9B
| $19.6M | 0.04% |
1,393,520
+62,750
| +5% | +$890K |
|
216
Omnicell
OMCL
$1.69B
| $19.5M | 0.04% |
554,250
-4,750
| -0.8% | -$157K |
|
217
Kroger
KR
$34.3B
| $19.4M | 0.04% |
506,968
-7,702
| -1% | -$275K |
|
218
State Street Health Care Select Sector SPDR ETF
XLV
$44B
| $18.7M | 0.04% |
257,614
+10,259
| +4% | +$732K |
|
|
ETFC
219
DELISTED
E*Trade Financial Corporation
ETFC
| $17.4M | 0.03% |
610,398
+41,157
| +7% | +$1.05M |
|
220
Fidelity National Information Services
FIS
$22.1B
| $16.8M | 0.03% |
247,534
+5,344
| +2% | +$349K |
|
221
3M
MMM
$94.4B
| $16.7M | 0.03% |
121,227
-6,532
| -5% | -$900K |
|
222
Toll Brothers
TOL
$14.3B
| $16.5M | 0.03% |
418,651
+13,205
| +3% | +$483K |
|
223
CVS Health
CVS
$120B
| $16.4M | 0.03% |
158,975
+16,939
| +12% | +$1.71M |
|
224
Littelfuse
LFUS
$11.6B
| $16.1M | 0.03% |
161,990
+92,095
| +132% | +$9M |
|
|
STJ
225
DELISTED
St Jude Medical
STJ
| $16M | 0.03% |
244,337
+1,149
| +0.5% | +$76.4K |
|
Similar funds
Fisher Asset Management's Q1 2015 Portfolio in Review
As of Q1 2015, Fisher Asset Management held 664 positions worth $50B, up 3.5% from $48.4B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Fisher Asset Management's Q1 2015 filing shows 44 new, 219 increased, 244 reduced and 60 closed positions. Its largest new stake was iShares MSCI Taiwan ETF: 4,657,473 shares worth $147M. The largest sale was TRIQUINT SEMICONDUCTOR INC, an estimated $154M.
By sector, the portfolio is most concentrated in Financials at 20% of assets, down from 22% a quarter earlier, followed by Healthcare and Technology.
- Fisher Asset Management's largest Q1 2015 buy was iShares MSCI Taiwan ETF: 4,657,473 shares worth $147M.
- Fisher Asset Management added most to Infosys in Q1 2015, an estimated $71.4M increase.
- Fisher Asset Management's biggest Q1 2015 reduction was Vanguard S&P 500 ETF, cutting an estimated $51.1M.
- Fisher Asset Management fully exited TRIQUINT SEMICONDUCTOR INC in Q1 2015, selling an estimated $154M.
- Fisher Asset Management's ten largest holdings make up 22% of its $50B portfolio in Q1 2015.
- Fisher Asset Management opened 44 new positions and closed 60 in Q1 2015.
- Fisher Asset Management's portfolio value rose 3.5% quarter-over-quarter to $50B.
Based on Fisher Asset Management's 13F filing for Q1 2015, filed 30 Apr 2015.