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 |
TotalEnergies
TTE
|
+$988M |
| 2 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$354M |
| 3 |
BP
BP
|
+$285M |
| 4 |
Freeport-McMoran
FCX
|
+$269M |
| 5 |
Rio Tinto
RIO
|
+$263M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Berkshire Hathaway Class B
BRK.B
|
+$612M |
| 2 |
BAY
BAYER AG SPONS ADR
BAY
|
+$441M |
| 3 |
Johnson & Johnson
JNJ
|
+$247M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$189M |
| 5 |
Vodafone
VOD
|
+$164M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.26% |
| 2 | Financials | 13.72% |
| 3 | Healthcare | 11.39% |
| 4 | Consumer Discretionary | 8.65% |
| 5 | Energy | 5.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
251
ICICI Bank
IBN
$109B
| $22.1M | 0.03% |
2,605,384
+638
| +0% | +$5.64K |
|
252
Halliburton
HAL
$26.6B
| $21.4M | 0.03% |
527,940
+17,760
| +3% | +$735K |
|
253
NNN REIT
NNN
$9.03B
| $21.1M | 0.03% |
469,685
-5,615
| -1% | -$253K |
|
|
FLEU
254
DELISTED
Barclays ETN+ FI Enhanced Europe 50 ETN Series B
FLEU
| $21M | 0.03% |
148,916
-188,540
| -56% | -$27M |
|
255
Wipro
WIT
$20.3B
| $20.7M | 0.03% |
10,588,749
+350,045
| +3% | +$675K |
|
256
iShares 1-3 Year Treasury Bond ETF
SHY
$25B
| $20.5M | 0.02% |
246,412
-5,560
| -2% | -$463K |
|
|
NTUS
257
DELISTED
Natus Medical Inc
NTUS
| $20.5M | 0.02% |
573,991
-384
| -0.1% | -$13.6K |
|
258
Live Nation Entertainment
LYV
$42.3B
| $20.4M | 0.02% |
374,859
-33,942
| -8% | -$1.72M |
|
259
UFP Industries
UFPI
$5.18B
| $20.3M | 0.02% |
574,409
-51,362
| -8% | -$1.89M |
|
260
Gerdau
GGB
$9.93B
| $20.2M | 0.02% |
6,056,907
+3,200,696
| +112% | +$10.3M |
|
261
Honeywell
HON
$78.2B
| $20M | 0.02% |
132,821
-2,151
| -2% | -$305K |
|
262
Semtech
SMTC
$11.1B
| $19.9M | 0.02% |
357,320
-25,732
| -7% | -$1.35M |
|
263
Emergent Biosolutions
EBS
$382M
| $19.8M | 0.02% |
300,475
-51,100
| -15% | -$2.98M |
|
|
BAY
264
DELISTED
BAYER AG SPONS ADR
BAY
| $18.2M | 0.02% |
819,705
-19,859,783
| -96% | -$441M |
|
265
Coca-Cola
KO
$374B
| $18.1M | 0.02% |
391,514
-167,341
| -30% | -$7.65M |
|
|
NUAN
266
DELISTED
Nuance Communications, Inc.
NUAN
| $18.1M | 0.02% |
1,205,423
+26,904
| +2% | +$373K |
|
267
Fair Isaac
FICO
$22.6B
| $17.9M | 0.02% |
78,254
-4,942
| -6% | -$1.07M |
|
268
Synopsys
SNPS
$75.1B
| $17.8M | 0.02% |
180,685
-99,672
| -36% | -$9.5M |
|
|
DO
269
DELISTED
Diamond Offshore Drilling
DO
| $17.6M | 0.02% |
+879,636
| New | +$16.2M |
|
270
Owens Corning
OC
$11.5B
| $17.4M | 0.02% |
320,017
-21,343
| -6% | -$1.29M |
|
271
COPT Defense Properties
CDP
$4.26B
| $17.4M | 0.02% |
582,163
-23,419
| -4% | -$701K |
|
272
ICU Medical
ICUI
$4.32B
| $17.2M | 0.02% |
61,000
| – | – |
|
|
GHL
273
DELISTED
Greenhill & Co., Inc.
GHL
| $17.1M | 0.02% |
647,308
-8,509
| -1% | -$252K |
|
274
Century Aluminum
CENX
$4.47B
| $16.4M | 0.02% |
1,368,335
-14,002
| -1% | -$180K |
|
275
Fidelity National Information Services
FIS
$23.1B
| $16.2M | 0.02% |
148,646
-11,184
| -7% | -$1.21M |
|
Similar funds
Fisher Asset Management's Q3 2018 Portfolio in Review
As of Q3 2018, Fisher Asset Management held 943 positions worth $82.4B, up 6.9% from $77B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Fisher Asset Management's Q3 2018 filing shows 81 new, 327 increased, 378 reduced and 73 closed positions. Its largest new stake was Adobe: 408,693 shares worth $110M. The largest sale was Berkshire Hathaway Class B, an estimated $612M.
By sector, the portfolio is most concentrated in Technology at 16% of assets, up from 15% a quarter earlier, followed by Financials and Healthcare.
- Fisher Asset Management's largest Q3 2018 buy was Adobe: 408,693 shares worth $110M.
- Fisher Asset Management added most to TotalEnergies in Q3 2018, an estimated $988M increase.
- Fisher Asset Management's biggest Q3 2018 reduction was Berkshire Hathaway Class B, cutting an estimated $612M.
- Fisher Asset Management fully exited Cavium, Inc. in Q3 2018, selling an estimated $56.9M.
- Fisher Asset Management's ten largest holdings make up 27% of its $82.4B portfolio in Q3 2018.
- Fisher Asset Management opened 81 new positions and closed 73 in Q3 2018.
- Fisher Asset Management's portfolio value rose 6.9% quarter-over-quarter to $82.4B.
Based on Fisher Asset Management's 13F filing for Q3 2018, filed 24 Oct 2018.