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 |
Alphabet (Google) Class A
GOOGL
|
+$702M |
| 2 |
CAA
CalAtlantic Group, Inc.
CAA
|
+$90.3M |
| 3 |
America Movil
AMX
|
+$71.3M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$62.1M |
| 5 |
Stratasys
SSYS
|
+$53.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class C
GOOG
|
+$671M |
| 2 |
RYL
RYLAND GROUP INC
RYL
|
+$90.9M |
| 3 |
PMCS
P M C SIERRA INC
PMCS
|
+$76.3M |
| 4 |
BMR
BIOMED REALTY TRUST INC
BMR
|
+$40.1M |
| 5 |
HPY
HEARTLAND PAYMENT SYSTEMS, INC. COM STK
HPY
|
+$38.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.64% |
| 2 | Healthcare | 14.19% |
| 3 | Technology | 13.13% |
| 4 | Consumer Discretionary | 7.98% |
| 5 | Industrials | 6.61% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
351
Banc of California
BANC
$3.03B
| $3.6M | 0.01% |
246,510
+27,112
| +12% | +$374K |
|
352
Ethan Allen Interiors
ETD
$570M
| $3.58M | 0.01% |
128,628
+21,758
| +20% | +$607K |
|
353
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23B
| $3.56M | 0.01% |
67,998
-1,554
| -2% | -$81.6K |
|
354
Check Point Software Technologies
CHKP
$13B
| $3.55M | 0.01% |
43,649
+26
| +0.1% | +$2.16K |
|
355
Paycom
PAYC
$7.64B
| $3.53M | 0.01% |
93,909
+9,125
| +11% | +$366K |
|
356
AMERISAFE
AMSF
$543M
| $3.53M | 0.01% |
69,315
+6,999
| +11% | +$367K |
|
357
Old Republic International
ORI
$10.5B
| $3.48M | 0.01% |
187,000
| – | – |
|
358
IBM
IBM
$211B
| $3.46M | 0.01% |
26,282
-3,397
| -11% | -$456K |
|
359
Ultrapar
UGP
$6.95B
| $3.44M | 0.01% |
451,690
+1,422
| +0.3% | +$12.2K |
|
360
Banco Santander
SAN
$201B
| $3.44M | 0.01% |
736,324
+8,333
| +1% | +$43.2K |
|
361
FormFactor
FORM
$8.28B
| $3.42M | 0.01% |
379,680
+84,018
| +28% | +$697K |
|
362
Banner Corp
BANR
$2.39B
| $3.41M | 0.01% |
74,431
+12,760
| +21% | +$631K |
|
363
Quanex
NX
$819M
| $3.41M | 0.01% |
163,384
+13,911
| +9% | +$269K |
|
|
WIBC
364
DELISTED
WILSHIRE BANCORP INC
WIBC
| $3.39M | 0.01% |
293,229
+69,013
| +31% | +$785K |
|
|
LOGM
365
DELISTED
LogMein, Inc.
LOGM
| $3.38M | 0.01% |
+50,300
| New | +$3.5M |
|
366
Viavi Solutions
VIAV
$9.12B
| $3.37M | 0.01% |
552,727
+999
| +0.2% | +$6.06K |
|
367
Vanguard Short-Term Corporate Bond ETF
VCSH
$44.7B
| $3.37M | 0.01% |
42,598
+32,584
| +325% | +$2.59M |
|
368
B&G Foods
BGS
$287M
| $3.35M | 0.01% |
95,711
+15,974
| +20% | +$577K |
|
|
COWN
369
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $3.35M | 0.01% |
218,440
+21,252
| +11% | +$368K |
|
|
LABL
370
DELISTED
Multi-Color Corp
LABL
| $3.31M | 0.01% |
55,264
+10,888
| +25% | +$749K |
|
|
FNBC
371
DELISTED
First NBC Bank Holding Company
FNBC
| $3.23M | 0.01% |
86,318
+16,840
| +24% | +$639K |
|
372
PetMed Express
PETS
$41.7M
| $3.21M | 0.01% |
187,116
+15,671
| +9% | +$263K |
|
373
Independent Bank
INDB
$3.99B
| $3.18M | 0.01% |
68,354
+7,793
| +13% | +$375K |
|
374
Merit Medical Systems
MMSI
$5.08B
| $3.18M | 0.01% |
170,987
+23,232
| +16% | +$467K |
|
375
American International
AIG
$41.7B
| $3.15M | 0.01% |
50,823
+19,817
| +64% | +$1.21M |
|
Similar funds
Fisher Asset Management's Q4 2015 Portfolio in Review
As of Q4 2015, Fisher Asset Management held 832 positions worth $51.9B, up 8.1% from $48B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Fisher Asset Management's Q4 2015 filing shows 117 new, 382 increased, 189 reduced and 39 closed positions. Its largest new stake was Alphabet (Google) Class A: 18,980,280 shares worth $738M. The largest sale was Alphabet (Google) Class C, an estimated $671M.
By sector, the portfolio is most concentrated in Financials at 20% of assets, down from 20% a quarter earlier, followed by Healthcare and Technology.
- Fisher Asset Management's largest Q4 2015 buy was Alphabet (Google) Class A: 18,980,280 shares worth $738M.
- Fisher Asset Management added most to CalAtlantic Group, Inc. in Q4 2015, an estimated $90.3M increase.
- Fisher Asset Management's biggest Q4 2015 reduction was Alphabet (Google) Class C, cutting an estimated $671M.
- Fisher Asset Management fully exited RYLAND GROUP INC in Q4 2015, selling an estimated $90.9M.
- Fisher Asset Management's ten largest holdings make up 23% of its $51.9B portfolio in Q4 2015.
- Fisher Asset Management opened 117 new positions and closed 39 in Q4 2015.
- Fisher Asset Management's portfolio value rose 8.1% quarter-over-quarter to $51.9B.
Based on Fisher Asset Management's 13F filing for Q4 2015, filed 14 Jan 2016.