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 | |
|---|---|---|---|---|---|---|
401
B&G Foods
BGS
$287M
| $1.49M | ﹤0.01% |
34,115
-26,962
| -44% | -$1.2M |
|
402
Ethan Allen Interiors
ETD
$570M
| $1.49M | ﹤0.01% |
40,517
-43,423
| -52% | -$1.45M |
|
403
Installed Building Products
IBP
$6.01B
| $1.49M | ﹤0.01% |
35,982
-39,793
| -53% | -$1.52M |
|
|
MDC
404
DELISTED
M.D.C. Holdings, Inc.
MDC
| $1.48M | ﹤0.01% |
72,874
-66,966
| -48% | -$1.25M |
|
405
M/I Homes
MHO
$3.74B
| $1.47M | ﹤0.01% |
58,427
-62,599
| -52% | -$1.47M |
|
406
Semtech
SMTC
$11B
| $1.47M | ﹤0.01% |
46,493
-52,494
| -53% | -$1.47M |
|
407
Comfort Systems
FIX
$60.9B
| $1.46M | ﹤0.01% |
43,964
-46,658
| -51% | -$1.45M |
|
408
ServiceNow
NOW
$115B
| $1.46M | ﹤0.01% |
98,440
| – | – |
|
409
Petrobras Class A
PBR.A
$111B
| $1.45M | ﹤0.01% |
164,202
| – | – |
|
410
Renasant Corp
RNST
$3.98B
| $1.44M | ﹤0.01% |
34,165
-37,286
| -52% | -$1.41M |
|
|
IL
411
DELISTED
IntraLinks Holdings Inc.
IL
| $1.44M | ﹤0.01% |
106,548
-79,316
| -43% | -$884K |
|
412
Banc of California
BANC
$3.03B
| $1.44M | ﹤0.01% |
82,758
-85,410
| -51% | -$1.31M |
|
|
AFAM
413
DELISTED
Almost Family Inc
AFAM
| $1.43M | ﹤0.01% |
32,451
-32,681
| -50% | -$1.33M |
|
|
TWX
414
DELISTED
Time Warner Inc
TWX
| $1.43M | ﹤0.01% |
14,803
+132
| +0.9% | +$11.8K |
|
415
AMERISAFE
AMSF
$543M
| $1.41M | ﹤0.01% |
22,546
-24,131
| -52% | -$1.46M |
|
|
DISCK
416
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $1.39M | ﹤0.01% |
52,022
-3,470
| -6% | -$91.5K |
|
|
COWN
417
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $1.39M | ﹤0.01% |
89,876
-79,931
| -47% | -$1.15M |
|
418
PetMed Express
PETS
$41.7M
| $1.39M | ﹤0.01% |
60,164
-55,289
| -48% | -$1.18M |
|
|
CSFL
419
DELISTED
CenterState Bank Corporation Common Stock
CSFL
| $1.36M | ﹤0.01% |
54,136
-32,323
| -37% | -$687K |
|
|
MCHB
420
Mechanics Bancorp
MCHB
$3.72B
| $1.35M | ﹤0.01% |
42,841
-45,099
| -51% | -$1.29M |
|
|
PMC
421
DELISTED
PharMerica Corporation
PMC
| $1.34M | ﹤0.01% |
53,312
-36,309
| -41% | -$917K |
|
|
FARO
422
DELISTED
Faro Technologies
FARO
| $1.32M | ﹤0.01% |
36,738
-12,431
| -25% | -$443K |
|
|
IFX
423
DELISTED
INFINEON TECH AG ADS(REP1 ORD)
IFX
| $1.31M | ﹤0.01% |
75,428
| – | – |
|
424
Quanex
NX
$819M
| $1.31M | ﹤0.01% |
64,464
-61,729
| -49% | -$1.14M |
|
425
Banner Corp
BANR
$2.39B
| $1.31M | ﹤0.01% |
23,444
-22,620
| -49% | -$1.11M |
|
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.