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 iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$56.4M |
| 2 |
Chemed
CHE
|
+$53.8M |
| 3 |
FBGX
UBS AG FI Enhanced Large Cap Growth ETN
FBGX
|
+$53.1M |
| 4 |
Petrobras
PBR
|
+$52.7M |
| 5 |
FIEG
FI Enhanced Global High Yield Exchange Traded Notes
FIEG
|
+$34.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FMER
FIRSTMERIT CORP
FMER
|
+$58.7M |
| 2 |
FBG
UBS AG LONDON BRH FISHER ENHANCED BIG CAP GROWTH ETN
FBG
|
+$38.2M |
| 3 |
PL
PROTECTIVE LIFE CORP
PL
|
+$37.8M |
| 4 |
Sally Beauty Holdings
SBH
|
+$36.2M |
| 5 |
TSMC
TSM
|
+$35.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 20.26% |
| 2 | Healthcare | 14.53% |
| 3 | Technology | 12.41% |
| 4 | Industrials | 7.4% |
| 5 | Consumer Discretionary | 6.07% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
ETFC
226
DELISTED
E*Trade Financial Corporation
ETFC
| $11.8M | 0.03% |
521,098
+183,067
| +54% | +$4.02M |
|
|
TSS
227
DELISTED
Total System Services, Inc.
TSS
| $11.8M | 0.03% |
379,746
+33,080
| +10% | +$1.05M |
|
|
FMER
228
DELISTED
FIRSTMERIT CORP
FMER
| $11.7M | 0.03% |
666,546
-3,254,931
| -83% | -$58.7M |
|
229
Weyerhaeuser
WY
$18B
| $11.7M | 0.03% |
367,925
-58,300
| -14% | -$1.91M |
|
230
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$22.6B
| $11.6M | 0.02% |
347,506
+15,474
| +5% | +$523K |
|
231
Globe Life
GL
$14.2B
| $11.4M | 0.02% |
217,343
+4,727
| +2% | +$255K |
|
232
Barclays
BCS
$92.7B
| $11.3M | 0.02% |
819,124
+786,559
| +2,415% | +$10.8M |
|
233
CVS Health
CVS
$133B
| $11.2M | 0.02% |
140,754
-14,611
| -9% | -$1.15M |
|
234
Vanguard FTSE Developed Markets ETF
VEA
$229B
| $11.1M | 0.02% |
279,703
+28,564
| +11% | +$1.19M |
|
235
iShares 1-3 Year Treasury Bond ETF
SHY
$25.5B
| $11.1M | 0.02% |
131,194
-1,815
| -1% | -$153K |
|
236
Synopsys
SNPS
$74.4B
| $10.9M | 0.02% |
273,722
+29,737
| +12% | +$1.18M |
|
237
Dana Inc
DAN
$2.9B
| $10.8M | 0.02% |
565,181
+50,741
| +10% | +$1.15M |
|
238
Northwest Natural Holdings
NWN
$2.06B
| $10.8M | 0.02% |
256,077
-7,555
| -3% | -$337K |
|
239
Hain Celestial
HAIN
$45M
| $10.7M | 0.02% |
208,210
-14,790
| -7% | -$688K |
|
240
ICICI Bank
IBN
$108B
| $10.5M | 0.02% |
+1,170,950
| New | +$10.9M |
|
241
M&T Bank
MTB
$35.7B
| $10.3M | 0.02% |
83,834
-6,229
| -7% | -$767K |
|
242
Emergent Biosolutions
EBS
$373M
| $10.3M | 0.02% |
483,328
+14,571
| +3% | +$334K |
|
243
Walmart Inc
WMT
$885B
| $9.95M | 0.02% |
390,348
-58,713
| -13% | -$1.48M |
|
244
Ross Stores
ROST
$80.5B
| $9.91M | 0.02% |
262,358
-2,472
| -0.9% | -$86K |
|
|
JNPR
245
DELISTED
Juniper Networks
JNPR
| $9.7M | 0.02% |
437,814
-63,570
| -13% | -$1.49M |
|
246
Omnicom Group
OMC
$21.6B
| $9.61M | 0.02% |
139,527
-10,595
| -7% | -$756K |
|
247
Prologis
PLD
$135B
| $9.5M | 0.02% |
252,097
-5,820
| -2% | -$236K |
|
248
Valero Energy
VLO
$90.1B
| $9.39M | 0.02% |
202,995
+2,348
| +1% | +$118K |
|
249
Northern Trust
NTRS
$33.3B
| $9.37M | 0.02% |
137,765
-8,996
| -6% | -$605K |
|
|
SIAL
250
DELISTED
SIGMA - ALDRICH CORP
SIAL
| $9.22M | 0.02% |
67,789
-4,250
| -6% | -$452K |
|
Similar funds
Fisher Asset Management's Q3 2014 Portfolio in Review
As of Q3 2014, Fisher Asset Management held 645 positions worth $46.9B, down 1.4% from $47.6B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Fisher Asset Management's Q3 2014 filing shows 47 new, 202 increased, 264 reduced and 61 closed positions. Its largest new stake was Chemed: 530,910 shares worth $54.6M. The largest sale was FIRSTMERIT CORP, an estimated $58.7M.
By sector, the portfolio is most concentrated in Financials at 20% of assets, up from 20% a quarter earlier, followed by Healthcare and Technology.
- Fisher Asset Management's largest Q3 2014 buy was Chemed: 530,910 shares worth $54.6M.
- Fisher Asset Management added most to iShares iBoxx $ Investment Grade Corporate Bond ETF in Q3 2014, an estimated $56.4M increase.
- Fisher Asset Management's biggest Q3 2014 reduction was FIRSTMERIT CORP, cutting an estimated $58.7M.
- Fisher Asset Management fully exited PROTECTIVE LIFE CORP in Q3 2014, selling an estimated $37.8M.
- Fisher Asset Management's ten largest holdings make up 22% of its $46.9B portfolio in Q3 2014.
- Fisher Asset Management opened 47 new positions and closed 61 in Q3 2014.
- Fisher Asset Management's portfolio value fell 1.4% quarter-over-quarter to $46.9B.
Based on Fisher Asset Management's 13F filing for Q3 2014, filed 20 Oct 2014.