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 Global Energy ETF
IXC
|
+$385M |
| 2 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$360M |
| 3 |
iShares MSCI Europe Financials ETF
EUFN
|
+$250M |
| 4 |
Apple
AAPL
|
+$158M |
| 5 |
Amazon
AMZN
|
+$137M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TotalEnergies
TTE
|
+$170M |
| 2 |
TSMC
TSM
|
+$151M |
| 3 |
RDS.A
Royal Dutch Shell PLC ADS Class A
RDS.A
|
+$129M |
| 4 |
CLGX
Corelogic, Inc.
CLGX
|
+$99.1M |
| 5 |
ING
ING
|
+$95.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.41% |
| 2 | Consumer Discretionary | 13.75% |
| 3 | Financials | 11.06% |
| 4 | Healthcare | 10.73% |
| 5 | Communication Services | 6.43% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
IPG Photonics
IPGP
$3.69B
| $27M | 0.02% |
158,998
-16,632
| -9% | -$2.74M |
|
227
Biogen
BIIB
$30.5B
| $26.6M | 0.02% |
93,936
+1,031
| +1% | +$288K |
|
228
Wintrust Financial
WTFC
$10.7B
| $26.6M | 0.02% |
663,300
-15,536
| -2% | -$665K |
|
|
JHG
229
DELISTED
Janus Henderson
JHG
| $26.4M | 0.02% |
1,215,680
-32,298
| -3% | -$670K |
|
230
iShares US Financials ETF
IYF
$4.61B
| $25.8M | 0.02% |
454,086
+20,484
| +5% | +$1.18M |
|
231
Honeywell
HON
$76.3B
| $25.7M | 0.02% |
165,936
-5,481
| -3% | -$814K |
|
232
Halozyme
HALO
$10.2B
| $25.1M | 0.02% |
954,157
-102,514
| -10% | -$2.85M |
|
233
Dine Brands
DIN
$450M
| $25M | 0.02% |
+458,262
| New | +$23.2M |
|
234
CONMED
CNMD
$1.49B
| $24.6M | 0.02% |
312,476
-7,530
| -2% | -$614K |
|
|
DENN
235
DELISTED
Denny's
DENN
| $23.9M | 0.02% |
+2,389,952
| New | +$23.9M |
|
236
iShares 1-3 Year Treasury Bond ETF
SHY
$25.1B
| $23.7M | 0.02% |
274,077
+18,520
| +7% | +$1.6M |
|
237
Webster Financial
WBS
$12.8B
| $23.3M | 0.02% |
882,186
-22,632
| -3% | -$613K |
|
238
Kennametal
KMT
$2.58B
| $23.2M | 0.02% |
+800,633
| New | +$23.2M |
|
239
ATI
ATI
$30.5B
| $23.1M | 0.02% |
2,648,340
-64,561
| -2% | -$594K |
|
240
Wipro
WIT
$19.7B
| $22.7M | 0.02% |
9,670,674
+54,646
| +0.6% | +$114K |
|
241
iShares MSCI Global Metals & Mining Producers ETF
PICK
$2.31B
| $22.4M | 0.02% |
834,979
+141,830
| +20% | +$3.86M |
|
|
PDCE
242
DELISTED
PDC Energy, Inc.
PDCE
| $21.8M | 0.02% |
1,755,523
+1,126,245
| +179% | +$16M |
|
243
ON Semiconductor
ON
$18.6B
| $21.4M | 0.02% |
987,648
-127,598
| -11% | -$2.71M |
|
244
Paylocity
PCTY
$8.39B
| $21.1M | 0.02% |
130,470
-14,266
| -10% | -$2.01M |
|
245
D.R. Horton
DHI
$40.8B
| $20.7M | 0.02% |
274,190
-44,559
| -14% | -$3.04M |
|
246
RLJ Lodging Trust
RLJ
$1.81B
| $20.7M | 0.02% |
2,394,366
+390,424
| +19% | +$3.5M |
|
|
PACW
247
DELISTED
PacWest Bancorp
PACW
| $19.6M | 0.02% |
1,148,069
-31,095
| -3% | -$577K |
|
248
Freshpet
FRPT
$3.28B
| $19.6M | 0.02% |
175,201
-15,414
| -8% | -$1.57M |
|
|
WDR
249
DELISTED
Waddell & Reed Financial, Inc.
WDR
| $19.5M | 0.02% |
1,313,173
-26,129
| -2% | -$399K |
|
250
Range Resources
RRC
$9.01B
| $19.4M | 0.02% |
2,924,004
-100,621
| -3% | -$729K |
|
Similar funds
Fisher Asset Management's Q3 2020 Portfolio in Review
As of Q3 2020, Fisher Asset Management held 1,002 positions worth $114B, up 12% from $102B the previous quarter. Its ten largest holdings account for 34% of the portfolio.
Fisher Asset Management's Q3 2020 filing shows 100 new, 334 increased, 405 reduced and 62 closed positions. Its largest new stake was Sally Beauty Holdings: 2,219,976 shares worth $19.3M. The largest sale was TotalEnergies, an estimated $170M.
By sector, the portfolio is most concentrated in Technology at 26% of assets, up from 25% a quarter earlier, followed by Consumer Discretionary and Financials.
- Fisher Asset Management's largest Q3 2020 buy was Sally Beauty Holdings: 2,219,976 shares worth $19.3M.
- Fisher Asset Management added most to iShares Global Energy ETF in Q3 2020, an estimated $385M increase.
- Fisher Asset Management's biggest Q3 2020 reduction was TotalEnergies, cutting an estimated $170M.
- Fisher Asset Management fully exited Corelogic, Inc. in Q3 2020, selling an estimated $99.1M.
- Fisher Asset Management's ten largest holdings make up 34% of its $114B portfolio in Q3 2020.
- Fisher Asset Management opened 100 new positions and closed 62 in Q3 2020.
- Fisher Asset Management's portfolio value rose 12% quarter-over-quarter to $114B.
Based on Fisher Asset Management's 13F filing for Q3 2020, filed 10 Nov 2020.