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 MSCI Europe Financials ETF
EUFN
|
+$427M |
| 2 |
iShares Global Energy ETF
IXC
|
+$357M |
| 3 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$322M |
| 4 |
iShares MSCI Spain ETF
EWP
|
+$194M |
| 5 |
FRLG
Large Cap Growth Index-Linked Exchange Traded Notes due 2028
FRLG
|
+$193M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TotalEnergies
TTE
|
+$208M |
| 2 |
ING
ING
|
+$123M |
| 3 |
Banco Bilbao Vizcaya Argentaria
BBVA
|
+$90.3M |
| 4 |
Banco Santander
SAN
|
+$82.1M |
| 5 |
Freeport-McMoran
FCX
|
+$57.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.57% |
| 2 | Financials | 12.78% |
| 3 | Healthcare | 11.18% |
| 4 | Consumer Discretionary | 8.38% |
| 5 | Energy | 6.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
EXAS
351
DELISTED
Exact Sciences
EXAS
| $8.04M | 0.01% |
68,150
+16,771
| +33% | +$1.69M |
|
352
Valero Energy
VLO
$90.1B
| $8.01M | 0.01% |
93,508
-110
| -0.1% | -$9.08K |
|
353
Philip Morris
PM
$297B
| $7.98M | 0.01% |
101,626
-8,668
| -8% | -$716K |
|
354
Advanced Energy
AEIS
$11.6B
| $7.98M | 0.01% |
141,797
+17,103
| +14% | +$916K |
|
355
Ross Stores
ROST
$80.5B
| $7.84M | 0.01% |
79,105
-20,908
| -21% | -$2.04M |
|
|
PCH
356
DELISTED
PotlatchDeltic
PCH
| $7.75M | 0.01% |
198,736
+28,453
| +17% | +$1.07M |
|
357
iShares Core MSCI Europe ETF
IEUR
$8.97B
| $7.65M | 0.01% |
+164,151
| New | +$7.64M |
|
358
Huazhu Hotels Group
HTHT
$13.1B
| $7.62M | 0.01% |
210,144
| – | – |
|
359
Vanguard Industrials ETF
VIS
$8.1B
| $7.39M | 0.01% |
50,677
+46,429
| +1,093% | +$6.62M |
|
360
Hancock Whitney
HWC
$6.2B
| $7.35M | 0.01% |
183,527
-9,838
| -5% | -$405K |
|
|
GHL
361
DELISTED
Greenhill & Co., Inc.
GHL
| $7.3M | 0.01% |
537,027
-12,641
| -2% | -$232K |
|
|
CJ
362
DELISTED
C&J Energy Services, Inc.
CJ
| $7.09M | 0.01% |
601,939
| – | – |
|
363
Republic Services
RSG
$64.8B
| $6.71M | 0.01% |
77,477
-663
| -0.8% | -$55.2K |
|
364
Independent Bank
INDB
$3.99B
| $6.68M | 0.01% |
87,769
+25,561
| +41% | +$1.99M |
|
365
Qiagen
QGEN
$8.54B
| $6.62M | 0.01% |
153,996
-1,354
| -0.9% | -$56.1K |
|
366
Cavco Industries
CVCO
$4.22B
| $6.45M | 0.01% |
40,940
+13,123
| +47% | +$1.79M |
|
367
RPC Inc
RES
$1.24B
| $6.44M | 0.01% |
893,686
-52,520
| -6% | -$498K |
|
368
Worthington Enterprises
WOR
$2.75B
| $6.42M | 0.01% |
258,428
+11,767
| +5% | +$276K |
|
369
Wells Fargo
WFC
$261B
| $6.41M | 0.01% |
135,545
-19,783
| -13% | -$925K |
|
|
JOBS
370
DELISTED
51job Inc
JOBS
| $6.39M | 0.01% |
84,650
+8,735
| +12% | +$698K |
|
|
ICPT
371
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $6.37M | 0.01% |
80,109
+42,099
| +111% | +$3.77M |
|
372
Church & Dwight Co
CHD
$23.4B
| $6.32M | 0.01% |
86,489
-61,345
| -41% | -$4.56M |
|
373
Neurocrine Biosciences
NBIX
$16.8B
| $6.28M | 0.01% |
74,420
+47,257
| +174% | +$3.88M |
|
374
Lowe's Companies
LOW
$117B
| $6.2M | 0.01% |
61,390
+2,344
| +4% | +$247K |
|
375
Strategy Inc
MSTR
$34.1B
| $6.02M | 0.01% |
420,000
| – | – |
|
Similar funds
Fisher Asset Management's Q2 2019 Portfolio in Review
As of Q2 2019, Fisher Asset Management held 967 positions worth $90.5B, up 6% from $85.3B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Fisher Asset Management's Q2 2019 filing shows 105 new, 388 increased, 294 reduced and 65 closed positions. Its largest new stake was State Street SPDR S&P Metals & Mining ETF: 3,272,430 shares worth $92.9M. The largest sale was TotalEnergies, an estimated $208M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 18% a quarter earlier, followed by Financials and Healthcare.
- Fisher Asset Management's largest Q2 2019 buy was State Street SPDR S&P Metals & Mining ETF: 3,272,430 shares worth $92.9M.
- Fisher Asset Management added most to iShares MSCI Europe Financials ETF in Q2 2019, an estimated $427M increase.
- Fisher Asset Management's biggest Q2 2019 reduction was TotalEnergies, cutting an estimated $208M.
- Fisher Asset Management fully exited Rowan Companies Plc in Q2 2019, selling an estimated $10.6M.
- Fisher Asset Management's ten largest holdings make up 27% of its $90.5B portfolio in Q2 2019.
- Fisher Asset Management opened 105 new positions and closed 65 in Q2 2019.
- Fisher Asset Management's portfolio value rose 6% quarter-over-quarter to $90.5B.
Based on Fisher Asset Management's 13F filing for Q2 2019, filed 30 Jul 2019.