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 |
SI
SIEMENS AKTIENGESELLSCHAFT ADS
SI
|
+$125M |
| 2 |
Chevron
CVX
|
+$74.5M |
| 3 |
BF
BASF AKTIENGESELLT ADS(RP1 ORD
BF
|
+$69.7M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$69.2M |
| 5 |
Alibaba
BABA
|
+$60.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
HPY
HEARTLAND PAYMENT SYSTEMS, INC. COM STK
HPY
|
+$116M |
| 2 |
ABB
ABB Ltd
ABB
|
+$109M |
| 3 |
Prudential
PUK
|
+$107M |
| 4 |
JAH
JARDEN CORPORATION
JAH
|
+$78.2M |
| 5 |
ExxonMobil
XOM
|
+$68M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.96% |
| 2 | Healthcare | 14.07% |
| 3 | Technology | 13.49% |
| 4 | Consumer Discretionary | 8.15% |
| 5 | Industrials | 6.72% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
351
M/I Homes
MHO
$3.74B
| $3.5M | 0.01% |
176,799
| – | – |
|
|
AFAM
352
DELISTED
Almost Family Inc
AFAM
| $3.5M | 0.01% |
89,757
-6,459
| -7% | -$241K |
|
|
NSA
353
DELISTED
National Storage Affiliates Trust
NSA
| $3.49M | 0.01% |
170,801
| – | – |
|
354
Columbia Sportswear
COLM
$3.04B
| $3.44M | 0.01% |
56,700
| – | – |
|
355
Old Republic International
ORI
$10.5B
| $3.43M | 0.01% |
187,815
+815
| +0.4% | +$14.7K |
|
356
Entravision Communication
EVC
$1.03B
| $3.41M | 0.01% |
474,498
| – | – |
|
357
Independent Bank
INDB
$3.99B
| $3.4M | 0.01% |
74,272
+5,918
| +9% | +$264K |
|
358
IBM
IBM
$211B
| $3.39M | 0.01% |
23,365
-2,917
| -11% | -$373K |
|
359
Semtech
SMTC
$11B
| $3.39M | 0.01% |
147,281
+6
| +0% | +$116 |
|
360
Installed Building Products
IBP
$6.01B
| $3.38M | 0.01% |
122,517
| – | – |
|
361
Covenant Logistics
CVLG
$894M
| $3.37M | 0.01% |
298,816
| – | – |
|
362
CF Industries
CF
$19.2B
| $3.35M | 0.01% |
107,835
-4,725
| -4% | -$154K |
|
363
PetMed Express
PETS
$41.7M
| $3.34M | 0.01% |
187,116
| – | – |
|
|
AMRI
364
DELISTED
Albany Molecular Research Inc
AMRI
| $3.33M | 0.01% |
203,450
| – | – |
|
365
Banco Santander
SAN
$201B
| $3.29M | 0.01% |
754,377
+18,053
| +2% | +$74.2K |
|
366
Magnite
MGNI
$2.76B
| $3.28M | 0.01% |
169,441
| – | – |
|
367
ICU Medical
ICUI
$4.21B
| $3.27M | 0.01% |
+31,000
| New | +$2.96M |
|
368
Quanex
NX
$819M
| $3.27M | 0.01% |
176,589
+13,205
| +8% | +$233K |
|
369
Paycom
PAYC
$7.64B
| $3.26M | 0.01% |
93,909
| – | – |
|
370
Central Pacific Financial
CPF
$1.02B
| $3.26M | 0.01% |
151,587
+12,503
| +9% | +$255K |
|
371
Werner Enterprises
WERN
$2.24B
| $3.26M | 0.01% |
118,689
| – | – |
|
372
Resources Connection
RGP
$151M
| $3.25M | 0.01% |
226,997
| – | – |
|
373
Walker & Dunlop
WD
$1.71B
| $3.21M | 0.01% |
142,189
+103
| +0.1% | +$2.44K |
|
|
LM
374
DELISTED
Legg Mason, Inc.
LM
| $3.21M | 0.01% |
94,099
+26,100
| +38% | +$819K |
|
375
Banner Corp
BANR
$2.39B
| $3.2M | 0.01% |
74,431
| – | – |
|
Similar funds
Fisher Asset Management's Q1 2016 Portfolio in Review
As of Q1 2016, Fisher Asset Management held 845 positions worth $52.6B, up 1.4% from $51.9B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Fisher Asset Management's Q1 2016 filing shows 52 new, 265 increased, 294 reduced and 101 closed positions. Its largest new stake was JD.com: 2,269,246 shares worth $67.8M. The largest sale was HEARTLAND PAYMENT SYSTEMS, INC. COM STK, an estimated $116M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, down from 20% a quarter earlier, followed by Healthcare and Technology.
- Fisher Asset Management's largest Q1 2016 buy was JD.com: 2,269,246 shares worth $67.8M.
- Fisher Asset Management added most to SIEMENS AKTIENGESELLSCHAFT ADS in Q1 2016, an estimated $125M increase.
- Fisher Asset Management's biggest Q1 2016 reduction was ABB Ltd, cutting an estimated $109M.
- Fisher Asset Management fully exited HEARTLAND PAYMENT SYSTEMS, INC. COM STK in Q1 2016, selling an estimated $116M.
- Fisher Asset Management's ten largest holdings make up 23% of its $52.6B portfolio in Q1 2016.
- Fisher Asset Management opened 52 new positions and closed 101 in Q1 2016.
- Fisher Asset Management's portfolio value rose 1.4% quarter-over-quarter to $52.6B.
Based on Fisher Asset Management's 13F filing for Q1 2016, filed 18 Apr 2016.