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 |
Walmart Inc
WMT
|
+$323M |
| 2 |
JD.com
JD
|
+$141M |
| 3 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$90.2M |
| 4 |
America Movil
AMX
|
+$62.6M |
| 5 |
FIHD
UBS AG FI Enhanced Global High Yield ETN
FIHD
|
+$60.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$351M |
| 2 |
EMBJ
Embraer S.A. ADS
EMBJ
|
+$104M |
| 3 |
FEIC
FEI COMPANY
FEIC
|
+$39.1M |
| 4 |
FIGY
Barclays ETN+ FI Enhanced Global High Yield ETN
FIGY
|
+$36.1M |
| 5 |
FBGX
UBS AG FI Enhanced Large Cap Growth ETN
FBGX
|
+$28.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.08% |
| 2 | Healthcare | 14.41% |
| 3 | Technology | 13.36% |
| 4 | Consumer Discretionary | 8.06% |
| 5 | Industrials | 6.42% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CBD
226
DELISTED
Companhia Brasileira de Distribuicao
CBD
| $19.2M | 0.04% |
1,285,083
| – | – |
|
|
STJ
227
DELISTED
St Jude Medical
STJ
| $19.1M | 0.04% |
237,317
-20,994
| -8% | -$1.5M |
|
228
Autodesk
ADSK
$52.4B
| $19.1M | 0.04% |
344,833
-12,360
| -3% | -$715K |
|
229
Polaris
PII
$3.82B
| $18.9M | 0.04% |
219,431
-6,494
| -3% | -$576K |
|
230
Genpact
G
$6.25B
| $18.2M | 0.03% |
674,942
-27,826
| -4% | -$765K |
|
231
D.R. Horton
DHI
$41.9B
| $18.1M | 0.03% |
533,127
-176,837
| -25% | -$5.4M |
|
232
Fair Isaac
FICO
$32.7B
| $17.6M | 0.03% |
152,742
+3,131
| +2% | +$340K |
|
233
Amdocs
DOX
$6.04B
| $17.4M | 0.03% |
298,498
-15,273
| -5% | -$876K |
|
|
DST
234
DELISTED
DST Systems Inc.
DST
| $16.9M | 0.03% |
+280,332
| New | +$16.4M |
|
235
Cincinnati Financial
CINF
$27.7B
| $16.5M | 0.03% |
216,358
-12,908
| -6% | -$876K |
|
236
Amgen
AMGN
$210B
| $16.3M | 0.03% |
101,573
-11,120
| -10% | -$1.73M |
|
237
Cullen/Frost Bankers
CFR
$10.6B
| $16.3M | 0.03% |
252,202
+11,192
| +5% | +$690K |
|
238
Toll Brothers
TOL
$14.4B
| $16.3M | 0.03% |
581,604
+73,597
| +14% | +$2.07M |
|
239
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$7.07B
| $15.6M | 0.03% |
143,428
-1,059
| -0.7% | -$111K |
|
240
T. Rowe Price
TROW
$25.8B
| $15.3M | 0.03% |
208,897
-10,844
| -5% | -$808K |
|
241
Northwest Natural Holdings
NWN
$2.16B
| $15M | 0.03% |
231,582
| – | – |
|
242
Globe Life
GL
$13.9B
| $14.7M | 0.03% |
239,851
+1,339
| +0.6% | +$78.2K |
|
243
Emergent Biosolutions
EBS
$382M
| $14.3M | 0.03% |
467,770
+10,028
| +2% | +$393K |
|
244
Hancock Whitney
HWC
$6.24B
| $13.9M | 0.03% |
522,612
+23,028
| +5% | +$586K |
|
245
Kroger
KR
$36.6B
| $13.9M | 0.03% |
370,764
-58,858
| -14% | -$2.12M |
|
246
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$22.1B
| $13.4M | 0.02% |
330,712
+23,518
| +8% | +$925K |
|
247
iShares Global Tech ETF
IXN
$8.13B
| $13.4M | 0.02% |
803,268
+78,234
| +11% | +$1.27M |
|
248
Rockwell Automation
ROK
$51.4B
| $13.3M | 0.02% |
113,266
-8,449
| -7% | -$968K |
|
|
NUAN
249
DELISTED
Nuance Communications, Inc.
NUAN
| $13.3M | 0.02% |
967,181
+87,405
| +10% | +$1.3M |
|
|
LNCE
250
DELISTED
Snyders-Lance, Inc.
LNCE
| $13.3M | 0.02% |
378,439
+30,184
| +9% | +$955K |
|
Similar funds
Fisher Asset Management's Q2 2016 Portfolio in Review
As of Q2 2016, Fisher Asset Management held 787 positions worth $53.9B, up 2.4% from $52.6B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Fisher Asset Management's Q2 2016 filing shows 43 new, 284 increased, 281 reduced and 42 closed positions. Its largest new stake was DST Systems Inc.: 280,332 shares worth $16.9M. The largest sale was Amazon, an estimated $351M.
By sector, the portfolio is most concentrated in Financials at 17% of assets, down from 18% a quarter earlier, followed by Healthcare and Technology.
- Fisher Asset Management's largest Q2 2016 buy was DST Systems Inc.: 280,332 shares worth $16.9M.
- Fisher Asset Management added most to Walmart Inc in Q2 2016, an estimated $323M increase.
- Fisher Asset Management's biggest Q2 2016 reduction was Amazon, cutting an estimated $351M.
- Fisher Asset Management fully exited Embraer S.A. ADS in Q2 2016, selling an estimated $104M.
- Fisher Asset Management's ten largest holdings make up 23% of its $53.9B portfolio in Q2 2016.
- Fisher Asset Management opened 43 new positions and closed 42 in Q2 2016.
- Fisher Asset Management's portfolio value rose 2.4% quarter-over-quarter to $53.9B.
Based on Fisher Asset Management's 13F filing for Q2 2016, filed 12 Jul 2016.