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 Global Energy ETF
IXC
|
+$385M |
| 2 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$360M |
| 3 |
iShares MSCI Europe Financials ETF
EUFN
|
+$250M |
| 4 |
Apple
AAPL
|
+$158M |
| 5 |
Amazon
AMZN
|
+$137M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TotalEnergies
TTE
|
+$170M |
| 2 |
TSMC
TSM
|
+$151M |
| 3 |
RDS.A
Royal Dutch Shell PLC ADS Class A
RDS.A
|
+$129M |
| 4 |
CLGX
Corelogic, Inc.
CLGX
|
+$99.1M |
| 5 |
ING
ING
|
+$95.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.41% |
| 2 | Consumer Discretionary | 13.75% |
| 3 | Financials | 11.06% |
| 4 | Healthcare | 10.73% |
| 5 | Communication Services | 6.43% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
VMW
376
DELISTED
VMware, Inc
VMW
| $3.65M | ﹤0.01% |
25,390
+1,403
| +6% | +$199K |
|
377
Southern Company
SO
$106B
| $3.59M | ﹤0.01% |
66,250
+6,140
| +10% | +$328K |
|
378
Atlantic Union Bankshares
AUB
$5.97B
| $3.59M | ﹤0.01% |
168,000
+58,000
| +53% | +$1.32M |
|
|
BZUN
379
Baozun
BZUN
$170M
| $3.49M | ﹤0.01% |
107,378
+48,836
| +83% | +$1.94M |
|
380
iShares ESG Aware 1-5 Year USD Corporate Bond ETF
SUSB
$1.3B
| $3.47M | ﹤0.01% |
132,815
+9,180
| +7% | +$240K |
|
381
Simmons First National
SFNC
$3.39B
| $3.44M | ﹤0.01% |
217,000
+82,000
| +61% | +$1.37M |
|
382
State Street SPDR Portfolio Intermediate Term Corporate Bond ETF
SPIB
$11.5B
| $3.42M | ﹤0.01% |
92,902
+445
| +0.5% | +$16.4K |
|
383
Incyte
INCY
$24.1B
| $3.41M | ﹤0.01% |
38,016
-3,130
| -8% | -$302K |
|
384
Check Point Software Technologies
CHKP
$12.9B
| $3.36M | ﹤0.01% |
27,899
-250
| -0.9% | -$30.5K |
|
385
FormFactor
FORM
$9.31B
| $3.33M | ﹤0.01% |
133,526
-65,624
| -33% | -$1.83M |
|
|
LHCG
386
DELISTED
LHC Group LLC
LHCG
| $3.31M | ﹤0.01% |
15,582
-7,035
| -31% | -$1.39M |
|
387
Cooper Companies
COO
$14.3B
| $3.24M | ﹤0.01% |
38,404
-8,652
| -18% | -$664K |
|
|
TMHC
388
DELISTED
Taylor Morrison
TMHC
| $3.24M | ﹤0.01% |
131,643
-19,199
| -13% | -$454K |
|
389
WIX.com
WIX
$2.59B
| $3.22M | ﹤0.01% |
12,641
+10,530
| +499% | +$2.9M |
|
390
iShares Global Consumer Staples ETF
KXI
$1.07B
| $3.02M | ﹤0.01% |
54,454
-20,812
| -28% | -$1.14M |
|
|
VRE
391
DELISTED
Veris Residential
VRE
| $3M | ﹤0.01% |
237,684
| – | – |
|
|
CCMP
392
DELISTED
CMC Materials, Inc. Common Stock
CCMP
| $2.99M | ﹤0.01% |
20,952
-9,708
| -32% | -$1.45M |
|
393
Regeneron Pharmaceuticals
REGN
$79.9B
| $2.95M | ﹤0.01% |
5,271
+130
| +3% | +$78.8K |
|
|
FRLG
394
DELISTED
Large Cap Growth Index-Linked Exchange Traded Notes due 2028
FRLG
| $2.92M | ﹤0.01% |
14,989
-74,316
| -83% | -$13.6M |
|
395
CVS Health
CVS
$122B
| $2.9M | ﹤0.01% |
49,565
+3,852
| +8% | +$240K |
|
396
Berkshire Hathaway Class A
BRK.A
$1.12T
| $2.88M | ﹤0.01% |
9
+6
| +200% | +$1.84M |
|
397
Installed Building Products
IBP
$6.72B
| $2.85M | ﹤0.01% |
27,964
-12,346
| -31% | -$1.06M |
|
398
Xylem
XYL
$28.3B
| $2.75M | ﹤0.01% |
32,643
+12,473
| +62% | +$971K |
|
399
Cactus
WHD
$5.44B
| $2.73M | ﹤0.01% |
142,353
-16,673
| -10% | -$362K |
|
400
Fidelity National Information Services
FIS
$22B
| $2.71M | ﹤0.01% |
18,431
-6,589
| -26% | -$952K |
|
Similar funds
Fisher Asset Management's Q3 2020 Portfolio in Review
As of Q3 2020, Fisher Asset Management held 1,002 positions worth $114B, up 12% from $102B the previous quarter. Its ten largest holdings account for 34% of the portfolio.
Fisher Asset Management's Q3 2020 filing shows 100 new, 334 increased, 405 reduced and 62 closed positions. Its largest new stake was Sally Beauty Holdings: 2,219,976 shares worth $19.3M. The largest sale was TotalEnergies, an estimated $170M.
By sector, the portfolio is most concentrated in Technology at 26% of assets, up from 25% a quarter earlier, followed by Consumer Discretionary and Financials.
- Fisher Asset Management's largest Q3 2020 buy was Sally Beauty Holdings: 2,219,976 shares worth $19.3M.
- Fisher Asset Management added most to iShares Global Energy ETF in Q3 2020, an estimated $385M increase.
- Fisher Asset Management's biggest Q3 2020 reduction was TotalEnergies, cutting an estimated $170M.
- Fisher Asset Management fully exited Corelogic, Inc. in Q3 2020, selling an estimated $99.1M.
- Fisher Asset Management's ten largest holdings make up 34% of its $114B portfolio in Q3 2020.
- Fisher Asset Management opened 100 new positions and closed 62 in Q3 2020.
- Fisher Asset Management's portfolio value rose 12% quarter-over-quarter to $114B.
Based on Fisher Asset Management's 13F filing for Q3 2020, filed 10 Nov 2020.