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 | |
|---|---|---|---|---|---|---|
251
Sally Beauty Holdings
SBH
$1.51B
| $19.3M | 0.02% |
+2,219,976
| New | +$26.7M |
|
|
ZEN
252
DELISTED
ZENDESK INC
ZEN
| $19.2M | 0.02% |
186,088
-20,311
| -10% | -$1.9M |
|
253
Vanguard FTSE Emerging Markets ETF
VWO
$123B
| $18.6M | 0.02% |
431,244
+11,746
| +3% | +$511K |
|
254
Amgen
AMGN
$219B
| $18.2M | 0.02% |
71,685
+3,343
| +5% | +$828K |
|
255
Glacier Bancorp
GBCI
$6.32B
| $18.2M | 0.02% |
566,998
-15,817
| -3% | -$546K |
|
256
Century Aluminum
CENX
$4.55B
| $18M | 0.02% |
2,533,747
+1,289,393
| +104% | +$11.2M |
|
257
Idacorp
IDA
$8.15B
| $17.6M | 0.02% |
219,905
-63,737
| -22% | -$5.61M |
|
258
Delek US
DK
$3.59B
| $17.5M | 0.02% |
1,572,991
+829,757
| +112% | +$12.8M |
|
259
Helmerich & Payne
HP
$3.7B
| $17.1M | 0.02% |
1,168,669
+32,291
| +3% | +$562K |
|
260
Deere & Co
DE
$166B
| $17.1M | 0.01% |
77,026
+1,653
| +2% | +$319K |
|
|
CADE
261
DELISTED
Cadence Bank
CADE
| $17M | 0.01% |
876,051
-20,735
| -2% | -$443K |
|
|
TPH
262
DELISTED
Tri Pointe Homes
TPH
| $16.9M | 0.01% |
934,415
+4,577
| +0.5% | +$77.5K |
|
263
Omnicell
OMCL
$1.65B
| $16.9M | 0.01% |
226,406
+1,860
| +0.8% | +$129K |
|
|
PRAH
264
DELISTED
PRA Health Sciences, Inc.
PRAH
| $16.7M | 0.01% |
164,884
-19,042
| -10% | -$1.94M |
|
265
Rogers Corp
ROG
$2.39B
| $16.6M | 0.01% |
169,361
-4,089
| -2% | -$481K |
|
266
Cummins
CMI
$88.7B
| $16.4M | 0.01% |
77,490
+3,977
| +5% | +$792K |
|
|
FBGX
267
DELISTED
UBS AG FI Enhanced Large Cap Growth ETN
FBGX
| $16.2M | 0.01% |
35,795
-151,607
| -81% | -$64.8M |
|
|
MNDT
268
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $15.9M | 0.01% |
1,285,447
-57,267
| -4% | -$784K |
|
269
Simpson Manufacturing
SSD
$7.96B
| $15.5M | 0.01% |
159,447
-24,899
| -14% | -$2.36M |
|
270
ENI
E
$78.5B
| $15.5M | 0.01% |
996,670
-308,086
| -24% | -$5.72M |
|
271
Prosperity Bancshares
PB
$8.88B
| $15.4M | 0.01% |
297,412
-12,246
| -4% | -$671K |
|
272
Cheesecake Factory
CAKE
$5.34B
| $15.1M | 0.01% |
+542,709
| New | +$14.2M |
|
|
FLGE
273
DELISTED
Credit Suisse FI Large Cap Growth Enhanced Exchange Traded Notes
FLGE
| $14.8M | 0.01% |
32,989
-118,885
| -78% | -$50.4M |
|
274
Merit Medical Systems
MMSI
$5.24B
| $14.4M | 0.01% |
330,404
-60,465
| -15% | -$2.73M |
|
275
Ziff Davis
ZD
$1.88B
| $14.3M | 0.01% |
237,934
-47,590
| -17% | -$2.7M |
|
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.