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 | |
|---|---|---|---|---|---|---|
251
ProPetro Holding
PUMP
$1.36B
| $21.7M | 0.02% |
2,390,875
-36,580
| -2% | -$508K |
|
252
Matador Resources
MTDR
$6.2B
| $21.6M | 0.02% |
1,305,494
-25,029
| -2% | -$418K |
|
253
Lumentum
LITE
$55.5B
| $21.6M | 0.02% |
402,652
-437
| -0.1% | -$24.6K |
|
254
iShares 1-3 Year Treasury Bond ETF
SHY
$25.5B
| $21.5M | 0.02% |
254,001
+21,784
| +9% | +$1.85M |
|
255
Amdocs
DOX
$5.92B
| $21.4M | 0.02% |
323,719
+148,200
| +84% | +$9.52M |
|
256
UMB Financial
UMBF
$11.1B
| $21.1M | 0.02% |
326,796
-2,920
| -0.9% | -$189K |
|
257
Gerdau
GGB
$9.74B
| $21M | 0.02% |
8,385,455
-103,576
| -1% | -$276K |
|
258
iShares Core US Aggregate Bond ETF
AGG
$137B
| $20.5M | 0.02% |
181,225
+19,312
| +12% | +$2.17M |
|
|
FRC
259
DELISTED
First Republic Bank
FRC
| $20.4M | 0.02% |
210,868
+1,540
| +0.7% | +$146K |
|
|
SRCI
260
DELISTED
SRC Energy Inc
SRCI
| $20.4M | 0.02% |
4,372,337
-79,215
| -2% | -$358K |
|
261
Owens Corning
OC
$11.2B
| $20.1M | 0.02% |
318,638
-411
| -0.1% | -$23.5K |
|
|
LSI
262
DELISTED
Life Storage, Inc.
LSI
| $19.9M | 0.02% |
282,900
-119,907
| -30% | -$8.15M |
|
263
EOG Resources
EOG
$79.2B
| $19.8M | 0.02% |
266,378
+129
| +0% | +$10.5K |
|
264
Carpenter Technology
CRS
$25.8B
| $19.4M | 0.02% |
375,574
| – | – |
|
265
Toll Brothers
TOL
$13.6B
| $19.4M | 0.02% |
472,415
+8,399
| +2% | +$310K |
|
266
Fidelity National Information Services
FIS
$23.1B
| $19M | 0.02% |
143,246
-1,001
| -0.7% | -$133K |
|
|
NUAN
267
DELISTED
Nuance Communications, Inc.
NUAN
| $18.9M | 0.02% |
1,337,180
+170,581
| +15% | +$2.45M |
|
268
LivaNova
LIVN
$4.4B
| $18.3M | 0.02% |
248,514
+2,868
| +1% | +$221K |
|
269
Kaiser Aluminum
KALU
$2.61B
| $18.3M | 0.02% |
184,706
-2,104
| -1% | -$198K |
|
270
ICICI Bank
IBN
$108B
| $18.2M | 0.02% |
1,497,050
-112
| -0% | -$1.31K |
|
271
Alarm.com
ALRM
$2.71B
| $18.2M | 0.02% |
390,007
+53,267
| +16% | +$2.61M |
|
272
Halozyme
HALO
$9.79B
| $18.1M | 0.02% |
1,169,916
+6,756
| +0.6% | +$111K |
|
273
Wipro
WIT
$19.6B
| $18.1M | 0.02% |
9,941,352
-2,216,284
| -18% | -$4.35M |
|
274
Berkshire Hathaway Class B
BRK.B
$1.1T
| $18M | 0.02% |
86,294
-3,647
| -4% | -$751K |
|
275
Cooper Companies
COO
$14.1B
| $17.5M | 0.02% |
235,280
-144,120
| -38% | -$11.6M |
|
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.