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 |
Caterpillar
CAT
|
+$675M |
| 2 |
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
|
+$559M |
| 3 |
PayPal
PYPL
|
+$417M |
| 4 |
Netflix
NFLX
|
+$408M |
| 5 |
Alibaba
BABA
|
+$328M |
Top Sells
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.01% |
| 2 | Financials | 13.51% |
| 3 | Healthcare | 10.94% |
| 4 | Consumer Discretionary | 8.78% |
| 5 | Energy | 6.2% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
Webster Financial
WBS
$12.5B
| $27.5M | 0.03% |
585,895
-9,622
| -2% | -$455K |
|
227
Glacier Bancorp
GBCI
$6.42B
| $27.1M | 0.03% |
669,488
-17,094
| -2% | -$683K |
|
|
PACW
228
DELISTED
PacWest Bancorp
PACW
| $26.9M | 0.03% |
741,448
-16,568
| -2% | -$599K |
|
229
IPG Photonics
IPGP
$3.61B
| $26.3M | 0.03% |
193,608
-1,585
| -0.8% | -$210K |
|
230
Bristol-Myers Squibb
BMY
$133B
| $26.2M | 0.03% |
516,701
-1,734
| -0.3% | -$81.5K |
|
231
PepsiCo
PEP
$190B
| $26.1M | 0.03% |
190,498
-8,175
| -4% | -$1.09M |
|
|
CPE
232
DELISTED
Callon Petroleum Company
CPE
| $26.1M | 0.03% |
600,384
-7,228
| -1% | -$353K |
|
|
XYZ
233
Block Inc
XYZ
$48.4B
| $26M | 0.03% |
420,237
+414,380
| +7,075% | +$28.1M |
|
234
Medpace
MEDP
$16.1B
| $25.9M | 0.03% |
307,923
+7,400
| +2% | +$559K |
|
|
ETFC
235
DELISTED
E*Trade Financial Corporation
ETFC
| $25.5M | 0.03% |
582,927
-216,976
| -27% | -$9.61M |
|
236
Medtronic
MDT
$109B
| $25.4M | 0.03% |
234,061
+7,388
| +3% | +$771K |
|
237
D.R. Horton
DHI
$40B
| $25M | 0.03% |
475,066
-9,468
| -2% | -$452K |
|
238
Rogers Corp
ROG
$2.21B
| $25M | 0.03% |
183,038
+59,850
| +49% | +$8.82M |
|
239
ATI
ATI
$25.6B
| $24.9M | 0.03% |
1,231,127
-8,860
| -0.7% | -$187K |
|
240
Ziff Davis
ZD
$1.96B
| $24.9M | 0.03% |
314,947
+8,038
| +3% | +$609K |
|
241
Prosperity Bancshares
PB
$8.97B
| $24.8M | 0.03% |
351,288
+2,103
| +0.6% | +$141K |
|
|
PXD
242
DELISTED
Pioneer Natural Resource Co.
PXD
| $24.4M | 0.03% |
193,968
+7,532
| +4% | +$997K |
|
243
Synopsys
SNPS
$74.4B
| $24.2M | 0.03% |
176,048
-853
| -0.5% | -$115K |
|
244
iShares Semiconductor ETF
SOXX
$41.7B
| $24.1M | 0.03% |
341,418
+147,276
| +76% | +$10.2M |
|
245
ON Semiconductor
ON
$31.8B
| $23.6M | 0.03% |
1,230,677
+402,720
| +49% | +$7.74M |
|
246
UFP Industries
UFPI
$4.9B
| $23M | 0.03% |
577,353
+307
| +0.1% | +$11.9K |
|
247
Live Nation Entertainment
LYV
$40.6B
| $22.9M | 0.03% |
344,541
-1,306
| -0.4% | -$91.3K |
|
248
TechnipFMC
FTI
$28.1B
| $22.3M | 0.02% |
1,242,383
+30,311
| +3% | +$565K |
|
|
MINI
249
DELISTED
Mobile Mini Inc
MINI
| $22.3M | 0.02% |
605,337
| – | – |
|
|
CBD
250
DELISTED
Companhia Brasileira de Distribuicao
CBD
| $22.3M | 0.02% |
1,158,121
| – | – |
|
Similar funds
Fisher Asset Management's Q3 2019 Portfolio in Review
As of Q3 2019, Fisher Asset Management held 980 positions worth $91.1B, up 0.75% from $90.5B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Fisher Asset Management's Q3 2019 filing shows 78 new, 345 increased, 343 reduced and 77 closed positions. Its largest new stake was Global Payments: 199,149 shares worth $31.7M. The largest sale was Barclays ETN+ FI Enhanced Europe 50 ETN Series C, an estimated $881M.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 19% a quarter earlier, followed by Financials and Healthcare.
- Fisher Asset Management's largest Q3 2019 buy was Global Payments: 199,149 shares worth $31.7M.
- Fisher Asset Management added most to Caterpillar in Q3 2019, an estimated $675M increase.
- Fisher Asset Management's biggest Q3 2019 reduction was Barclays ETN+ FI Enhanced Europe 50 ETN Series C, cutting an estimated $881M.
- Fisher Asset Management fully exited Tableau Software, Inc. in Q3 2019, selling an estimated $53.8M.
- Fisher Asset Management's ten largest holdings make up 26% of its $91.1B portfolio in Q3 2019.
- Fisher Asset Management opened 78 new positions and closed 77 in Q3 2019.
- Fisher Asset Management's portfolio value rose 0.75% quarter-over-quarter to $91.1B.
Based on Fisher Asset Management's 13F filing for Q3 2019, filed 29 Oct 2019.