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 iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$607M |
| 2 |
Vodafone
VOD
|
+$318M |
| 3 |
SI
SIEMENS AKTIENGESELLSCHAFT ADS
SI
|
+$267M |
| 4 |
Alibaba
BABA
|
+$228M |
| 5 |
Itaú Unibanco
ITUB
|
+$137M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
|
+$545M |
| 2 |
GE Aerospace
GE
|
+$284M |
| 3 |
NXP Semiconductors
NXPI
|
+$121M |
| 4 |
MENT
Mentor Graphics Corp
MENT
|
+$63.3M |
| 5 |
Heartland Express
HTLD
|
+$45.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.45% |
| 2 | Technology | 14.38% |
| 3 | Healthcare | 12.14% |
| 4 | Consumer Discretionary | 8.49% |
| 5 | Communication Services | 7.31% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
376
Banco Santander
SAN
$191B
| $2.35M | ﹤0.01% |
404,894
-108,938
| -21% | -$586K |
|
|
NPTN
377
DELISTED
NEOPHOTONICS CORP
NPTN
| $2.33M | ﹤0.01% |
258,254
+88,398
| +52% | +$921K |
|
|
MDC
378
DELISTED
M.D.C. Holdings, Inc.
MDC
| $2.32M | ﹤0.01% |
97,182
+24,308
| +33% | +$548K |
|
|
CS
379
DELISTED
Credit Suisse Group
CS
| $2.27M | ﹤0.01% |
152,947
+21,289
| +16% | +$325K |
|
380
AMERISAFE
AMSF
$562M
| $2.26M | ﹤0.01% |
34,836
+12,290
| +55% | +$790K |
|
381
Knowles
KN
$2.95B
| $2.25M | ﹤0.01% |
118,928
+49,288
| +71% | +$901K |
|
382
Resources Connection
RGP
$140M
| $2.25M | ﹤0.01% |
134,079
+40,074
| +43% | +$677K |
|
|
LABL
383
DELISTED
Multi-Color Corp
LABL
| $2.22M | ﹤0.01% |
31,226
+11,122
| +55% | +$828K |
|
384
ON Semiconductor
ON
$30.7B
| $2.21M | ﹤0.01% |
143,002
+16,950
| +13% | +$246K |
|
385
M/I Homes
MHO
$3.95B
| $2.21M | ﹤0.01% |
90,043
+31,616
| +54% | +$775K |
|
|
DHC
386
Diversified Healthcare Trust
DHC
$2.15B
| $2.2M | ﹤0.01% |
108,700
-28,700
| -21% | -$563K |
|
387
Amphastar Pharmaceuticals
AMPH
$907M
| $2.19M | ﹤0.01% |
151,055
+51,731
| +52% | +$813K |
|
388
Hope Bancorp
HOPE
$1.8B
| $2.17M | ﹤0.01% |
112,947
+39,635
| +54% | +$832K |
|
389
State Street SPDR S&P Capital Markets ETF
KCE
$450M
| $2.13M | ﹤0.01% |
45,659
-7,780
| -15% | -$364K |
|
390
Nike
NKE
$64.1B
| $2.12M | ﹤0.01% |
38,090
-3,438
| -8% | -$190K |
|
391
Renasant Corp
RNST
$4.01B
| $2.11M | ﹤0.01% |
53,258
+19,093
| +56% | +$772K |
|
392
AT&T
T
$164B
| $2.09M | ﹤0.01% |
66,510
-3,686
| -5% | -$116K |
|
393
Republic Services
RSG
$67.4B
| $2.08M | ﹤0.01% |
33,164
-1,911
| -5% | -$114K |
|
|
AMRI
394
DELISTED
Albany Molecular Research Inc
AMRI
| $2.03M | ﹤0.01% |
144,417
+63,828
| +79% | +$1.05M |
|
395
CF Industries
CF
$19.6B
| $2.02M | ﹤0.01% |
68,899
-11,720
| -15% | -$382K |
|
396
Incyte
INCY
$25.8B
| $2.01M | ﹤0.01% |
15,050
+133
| +0.9% | +$16.9K |
|
|
NSA
397
DELISTED
National Storage Affiliates Trust
NSA
| $1.98M | ﹤0.01% |
82,845
+25,419
| +44% | +$590K |
|
398
B&G Foods
BGS
$303M
| $1.98M | ﹤0.01% |
49,092
+14,977
| +44% | +$651K |
|
399
ServiceNow
NOW
$120B
| $1.95M | ﹤0.01% |
111,535
+13,095
| +13% | +$228K |
|
400
Colgate-Palmolive
CL
$74.8B
| $1.94M | ﹤0.01% |
26,509
-380
| -1% | -$26.6K |
|
Similar funds
Fisher Asset Management's Q1 2017 Portfolio in Review
As of Q1 2017, Fisher Asset Management held 865 positions worth $62.4B, up 8.7% from $57.4B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Fisher Asset Management's Q1 2017 filing shows 82 new, 252 increased, 334 reduced and 92 closed positions. Its largest new stake was Vodafone: 12,420,913 shares worth $328M. The largest sale was State Street SPDR Portfolio Short Term Corporate Bond ETF, an estimated $545M.
By sector, the portfolio is most concentrated in Financials at 19% of assets, down from 20% a quarter earlier, followed by Technology and Healthcare.
- Fisher Asset Management's largest Q1 2017 buy was Vodafone: 12,420,913 shares worth $328M.
- Fisher Asset Management added most to iShares iBoxx $ Investment Grade Corporate Bond ETF in Q1 2017, an estimated $607M increase.
- Fisher Asset Management's biggest Q1 2017 reduction was State Street SPDR Portfolio Short Term Corporate Bond ETF, cutting an estimated $545M.
- Fisher Asset Management fully exited NXP Semiconductors in Q1 2017, selling an estimated $121M.
- Fisher Asset Management's ten largest holdings make up 24% of its $62.4B portfolio in Q1 2017.
- Fisher Asset Management opened 82 new positions and closed 92 in Q1 2017.
- Fisher Asset Management's portfolio value rose 8.7% quarter-over-quarter to $62.4B.
Based on Fisher Asset Management's 13F filing for Q1 2017, filed 25 Apr 2017.