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 |
FIHD
UBS AG FI Enhanced Global High Yield ETN
FIHD
|
+$353M |
| 2 |
Televisa
TV
|
+$92.4M |
| 3 |
FLGE
Credit Suisse FI Large Cap Growth Enhanced Exchange Traded Notes
FLGE
|
+$38.2M |
| 4 |
DST
DST Systems Inc.
DST
|
+$36.8M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$27M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FIEG
FI Enhanced Global High Yield Exchange Traded Notes
FIEG
|
+$315M |
| 2 |
CAB
Cabela's Inc
CAB
|
+$56.7M |
| 3 |
NXP Semiconductors
NXPI
|
+$48.7M |
| 4 |
TSMC
TSM
|
+$24.7M |
| 5 |
FIGY
Barclays ETN+ FI Enhanced Global High Yield ETN
FIGY
|
+$23.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.9% |
| 2 | Technology | 14.05% |
| 3 | Healthcare | 12.4% |
| 4 | Consumer Discretionary | 7.69% |
| 5 | Industrials | 6.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CATM
276
DELISTED
Cardtronics plc Class A Ordinary Shares (UK)
CATM
| $9.28M | 0.02% |
170,000
+71,000
| +72% | +$3.61M |
|
277
Strategy Inc
MSTR
$35.7B
| $9.08M | 0.02% |
460,000
| – | – |
|
278
Valero Energy
VLO
$92.6B
| $9.02M | 0.02% |
131,999
-9,751
| -7% | -$600K |
|
279
Prologis
PLD
$136B
| $8.9M | 0.02% |
168,693
-3,500
| -2% | -$178K |
|
280
Kroger
KR
$35.4B
| $8.62M | 0.02% |
249,909
-4,863
| -2% | -$159K |
|
281
Unum
UNM
$13.7B
| $8.46M | 0.01% |
192,628
-14,112
| -7% | -$565K |
|
282
Old Republic International
ORI
$10.6B
| $8.37M | 0.01% |
440,644
+26,600
| +6% | +$479K |
|
|
LOCK
283
DELISTED
LifeLock, Inc.
LOCK
| $7.8M | 0.01% |
326,207
| – | – |
|
284
Northern Trust
NTRS
$22.4B
| $7.72M | 0.01% |
86,717
-2,973
| -3% | -$236K |
|
285
Marriott International
MAR
$99B
| $7.67M | 0.01% |
92,712
+47,786
| +106% | +$3.6M |
|
286
KB Financial Group
KB
$42.5B
| $7.47M | 0.01% |
211,805
-222
| -0.1% | -$7.99K |
|
|
DATA
287
DELISTED
Tableau Software, Inc.
DATA
| $7.41M | 0.01% |
175,860
+35,550
| +25% | +$1.66M |
|
288
BorgWarner
BWA
$13.2B
| $7.36M | 0.01% |
211,997
-17,762
| -8% | -$573K |
|
|
LM
289
DELISTED
Legg Mason, Inc.
LM
| $7.29M | 0.01% |
243,699
+14,300
| +6% | +$449K |
|
|
WNS
290
DELISTED
WNS Holdings
WNS
| $7.17M | 0.01% |
260,393
+96,525
| +59% | +$2.6M |
|
291
Hain Celestial
HAIN
$44.4M
| $7.15M | 0.01% |
183,166
-21,550
| -11% | -$807K |
|
|
CAVM
292
DELISTED
Cavium, Inc.
CAVM
| $6.9M | 0.01% |
110,523
-24,127
| -18% | -$1.39M |
|
|
JNPR
293
DELISTED
Juniper Networks
JNPR
| $6.83M | 0.01% |
241,730
-5,580
| -2% | -$145K |
|
294
M&T Bank
MTB
$35.8B
| $6.77M | 0.01% |
43,265
-1,333
| -3% | -$180K |
|
|
CA
295
DELISTED
CA, Inc.
CA
| $6.7M | 0.01% |
210,741
-17,482
| -8% | -$558K |
|
|
BEAV
296
DELISTED
B/E Aerospace Inc
BEAV
| $6.69M | 0.01% |
111,092
-1,525
| -1% | -$87.8K |
|
297
Ligand Pharmaceuticals
LGND
$5.94B
| $6.65M | 0.01% |
104,980
-11,061
| -10% | -$698K |
|
298
J&J Snack Foods
JJSF
$1.44B
| $6.6M | 0.01% |
49,459
-5,100
| -9% | -$629K |
|
299
Alkermes
ALKS
$8.39B
| $6.58M | 0.01% |
118,407
-11,200
| -9% | -$599K |
|
300
Halozyme
HALO
$9.88B
| $6.55M | 0.01% |
662,811
-62,200
| -9% | -$681K |
|
Similar funds
Fisher Asset Management's Q4 2016 Portfolio in Review
As of Q4 2016, Fisher Asset Management held 837 positions worth $57.4B, up 2% from $56.3B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Fisher Asset Management's Q4 2016 filing shows 61 new, 208 increased, 401 reduced and 54 closed positions. Its largest new stake was Barclays ETN+ FI Enhanced Europe 50 ETN Series B: 174,286 shares worth $18.7M. The largest sale was FI Enhanced Global High Yield Exchange Traded Notes, an estimated $315M.
By sector, the portfolio is most concentrated in Financials at 20% of assets, up from 17% a quarter earlier, followed by Technology and Healthcare.
- Fisher Asset Management's largest Q4 2016 buy was Barclays ETN+ FI Enhanced Europe 50 ETN Series B: 174,286 shares worth $18.7M.
- Fisher Asset Management added most to UBS AG FI Enhanced Global High Yield ETN in Q4 2016, an estimated $353M increase.
- Fisher Asset Management's biggest Q4 2016 reduction was FI Enhanced Global High Yield Exchange Traded Notes, cutting an estimated $315M.
- Fisher Asset Management fully exited Cabela's Inc in Q4 2016, selling an estimated $56.7M.
- Fisher Asset Management's ten largest holdings make up 22% of its $57.4B portfolio in Q4 2016.
- Fisher Asset Management opened 61 new positions and closed 54 in Q4 2016.
- Fisher Asset Management's portfolio value rose 2% quarter-over-quarter to $57.4B.
Based on Fisher Asset Management's 13F filing for Q4 2016, filed 10 Jan 2017.