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 |
SI
SIEMENS AKTIENGESELLSCHAFT ADS
SI
|
+$125M |
| 2 |
Chevron
CVX
|
+$74.5M |
| 3 |
BF
BASF AKTIENGESELLT ADS(RP1 ORD
BF
|
+$69.7M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$69.2M |
| 5 |
Alibaba
BABA
|
+$60.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
HPY
HEARTLAND PAYMENT SYSTEMS, INC. COM STK
HPY
|
+$116M |
| 2 |
ABB
ABB Ltd
ABB
|
+$109M |
| 3 |
Prudential
PUK
|
+$107M |
| 4 |
JAH
JARDEN CORPORATION
JAH
|
+$78.2M |
| 5 |
ExxonMobil
XOM
|
+$68M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.96% |
| 2 | Healthcare | 14.07% |
| 3 | Technology | 13.49% |
| 4 | Consumer Discretionary | 8.15% |
| 5 | Industrials | 6.72% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
Fidelity National Information Services
FIS
$23.1B
| $17.7M | 0.03% |
276,014
+9,066
| +3% | +$544K |
|
227
COPT Defense Properties
CDP
$4.3B
| $17.5M | 0.03% |
664,017
-1,207
| -0.2% | -$28K |
|
228
Owens Corning
OC
$11.2B
| $17.5M | 0.03% |
345,047
+12,455
| +4% | +$553K |
|
229
T. Rowe Price
TROW
$23.9B
| $16.8M | 0.03% |
219,741
+34,704
| +19% | +$2.41M |
|
230
CONMED
CNMD
$1.39B
| $16.8M | 0.03% |
386,330
-375
| -0.1% | -$14.7K |
|
231
iShares 1-3 Year Treasury Bond ETF
SHY
$25.5B
| $16.6M | 0.03% |
195,257
+36,487
| +23% | +$3.09M |
|
232
Wipro
WIT
$19.6B
| $16.2M | 0.03% |
6,664,613
+1,483,573
| +29% | +$3.23M |
|
233
UFP Industries
UFPI
$4.9B
| $16M | 0.03% |
562,845
+24,045
| +4% | +$573K |
|
234
Fair Isaac
FICO
$24.3B
| $15.9M | 0.03% |
149,611
+1,550
| +1% | +$147K |
|
235
Kroger
KR
$35.4B
| $15.9M | 0.03% |
429,622
-23,863
| -5% | -$921K |
|
|
STJ
236
DELISTED
St Jude Medical
STJ
| $15.2M | 0.03% |
258,311
+3,171
| +1% | +$173K |
|
237
Cincinnati Financial
CINF
$27.3B
| $15.1M | 0.03% |
229,266
-10,525
| -4% | -$641K |
|
238
Toll Brothers
TOL
$13.6B
| $15M | 0.03% |
508,007
+15,766
| +3% | +$441K |
|
239
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$7.07B
| $15M | 0.03% |
144,487
-959
| -0.7% | -$95.6K |
|
240
Omnicell
OMCL
$1.61B
| $14.8M | 0.03% |
531,000
-23,000
| -4% | -$632K |
|
241
CVS Health
CVS
$133B
| $14.6M | 0.03% |
142,324
+20,016
| +16% | +$1.95M |
|
242
Cooper Companies
COO
$14.1B
| $14.5M | 0.03% |
372,456
-2,960
| -0.8% | -$102K |
|
|
NUAN
243
DELISTED
Nuance Communications, Inc.
NUAN
| $14.5M | 0.03% |
879,776
+397,881
| +83% | +$6.43M |
|
244
Rockwell Automation
ROK
$53.4B
| $14.2M | 0.03% |
121,715
-1,920
| -2% | -$195K |
|
245
Cullen/Frost Bankers
CFR
$10.3B
| $14M | 0.03% |
241,010
+5,041
| +2% | +$261K |
|
246
Globe Life
GL
$14.2B
| $13.3M | 0.03% |
238,512
-12,912
| -5% | -$688K |
|
247
Weyerhaeuser
WY
$18B
| $13.2M | 0.03% |
416,364
-7,538
| -2% | -$201K |
|
248
Warner Bros
WBD
$65.9B
| $12.9M | 0.02% |
454,518
+103,801
| +30% | +$2.78M |
|
|
SGI
249
Somnigroup International
SGI
$13.7B
| $12.7M | 0.02% |
859,360
-8,000
| -0.9% | -$118K |
|
|
GHL
250
DELISTED
Greenhill & Co., Inc.
GHL
| $12.6M | 0.02% |
630,219
+307,325
| +95% | +$7.05M |
|
Similar funds
Fisher Asset Management's Q1 2016 Portfolio in Review
As of Q1 2016, Fisher Asset Management held 845 positions worth $52.6B, up 1.4% from $51.9B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Fisher Asset Management's Q1 2016 filing shows 52 new, 265 increased, 294 reduced and 101 closed positions. Its largest new stake was JD.com: 2,269,246 shares worth $67.8M. The largest sale was HEARTLAND PAYMENT SYSTEMS, INC. COM STK, an estimated $116M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, down from 20% a quarter earlier, followed by Healthcare and Technology.
- Fisher Asset Management's largest Q1 2016 buy was JD.com: 2,269,246 shares worth $67.8M.
- Fisher Asset Management added most to SIEMENS AKTIENGESELLSCHAFT ADS in Q1 2016, an estimated $125M increase.
- Fisher Asset Management's biggest Q1 2016 reduction was ABB Ltd, cutting an estimated $109M.
- Fisher Asset Management fully exited HEARTLAND PAYMENT SYSTEMS, INC. COM STK in Q1 2016, selling an estimated $116M.
- Fisher Asset Management's ten largest holdings make up 23% of its $52.6B portfolio in Q1 2016.
- Fisher Asset Management opened 52 new positions and closed 101 in Q1 2016.
- Fisher Asset Management's portfolio value rose 1.4% quarter-over-quarter to $52.6B.
Based on Fisher Asset Management's 13F filing for Q1 2016, filed 18 Apr 2016.