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 | |
|---|---|---|---|---|---|---|
351
Vipshop
VIPS
$7.37B
| $2.66M | ﹤0.01% |
241,642
+900
| +0.4% | +$11.6K |
|
352
Lumentum
LITE
$55.5B
| $2.61M | ﹤0.01% |
67,437
| – | – |
|
|
DHC
353
Diversified Healthcare Trust
DHC
$2.15B
| $2.6M | ﹤0.01% |
137,400
| – | – |
|
354
State Street SPDR Portfolio Mortgage Backed Bond ETF
SPMB
$6.95B
| $2.59M | ﹤0.01% |
98,504
+59,096
| +150% | +$1.57M |
|
355
Banco Santander
SAN
$201B
| $2.55M | ﹤0.01% |
513,832
-159,107
| -24% | -$724K |
|
|
CWEI
356
DELISTED
Clayton Williams Energy, Inc.
CWEI
| $2.54M | ﹤0.01% |
21,299
-14,065
| -40% | -$1.41M |
|
357
CF Industries
CF
$19.2B
| $2.54M | ﹤0.01% |
80,619
-1,663
| -2% | -$44.7K |
|
|
ALJ
358
DELISTED
Alon USA Energy Inc
ALJ
| $2.42M | ﹤0.01% |
212,800
| – | – |
|
359
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23B
| $2.41M | ﹤0.01% |
45,908
-7,204
| -14% | -$379K |
|
360
State Street SPDR S&P Capital Markets ETF
KCE
$456M
| $2.4M | ﹤0.01% |
53,439
-43,981
| -45% | -$1.88M |
|
|
JOBS
361
DELISTED
51job Inc
JOBS
| $2.39M | ﹤0.01% |
70,637
| – | – |
|
362
LivaNova
LIVN
$4.4B
| $2.34M | ﹤0.01% |
52,000
| – | – |
|
363
General Dynamics
GD
$104B
| $2.3M | ﹤0.01% |
13,328
-312
| -2% | -$51K |
|
364
AT&T
T
$159B
| $2.25M | ﹤0.01% |
70,196
-2,403
| -3% | -$70.9K |
|
365
TechnipFMC
FTI
$28.1B
| $2.13M | ﹤0.01% |
80,700
-3,476
| -4% | -$87K |
|
366
FormFactor
FORM
$8.28B
| $2.13M | ﹤0.01% |
190,196
-71,451
| -27% | -$762K |
|
367
iShares MSCI ACWI ETF
ACWI
$32.9B
| $2.13M | ﹤0.01% |
35,954
+6,629
| +23% | +$389K |
|
368
Merit Medical Systems
MMSI
$5.08B
| $2.12M | ﹤0.01% |
80,121
-65,259
| -45% | -$1.58M |
|
369
Nike
NKE
$61.9B
| $2.11M | ﹤0.01% |
41,528
-772
| -2% | -$39.6K |
|
370
Columbia Banking Systems
COLB
$8.84B
| $2.11M | ﹤0.01% |
47,135
-39,959
| -46% | -$1.51M |
|
371
Ameris Bancorp
ABCB
$5.85B
| $2.1M | ﹤0.01% |
48,091
-39,633
| -45% | -$1.61M |
|
|
NSANY
372
DELISTED
NISSAN MOTOR CO LTD SPONS ADR
NSANY
| $2.08M | ﹤0.01% |
103,342
-2,472
| -2% | -$49.8K |
|
373
Lowe's Companies
LOW
$117B
| $2.06M | ﹤0.01% |
28,923
+2,755
| +11% | +$195K |
|
374
Republic Services
RSG
$64.8B
| $2M | ﹤0.01% |
35,075
+75
| +0.2% | +$4.02K |
|
375
CVB Financial
CVBF
$3.94B
| $1.98M | ﹤0.01% |
86,201
-78,323
| -48% | -$1.55M |
|
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.