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 |
BAY
BAYER AG SPONS ADR
BAY
|
+$535M |
| 2 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$124M |
| 3 |
Banco Bradesco
BBD
|
+$98.1M |
| 4 |
Itaú Unibanco
ITUB
|
+$94.1M |
| 5 |
FIHD
UBS AG FI Enhanced Global High Yield ETN
FIHD
|
+$80.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PRXL
Parexel International Corp
PRXL
|
+$184M |
| 2 |
IRY
SPDR S&P International Health Care Sector
IRY
|
+$143M |
| 3 |
DFT
DuPont Fabros Technology Inc.
DFT
|
+$72.5M |
| 4 |
PNC Financial Services
PNC
|
+$31M |
| 5 |
HDFC Bank
HDB
|
+$26.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.92% |
| 2 | Technology | 13.57% |
| 3 | Healthcare | 12.73% |
| 4 | Consumer Discretionary | 8.41% |
| 5 | Communication Services | 6.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
NSA
401
DELISTED
National Storage Affiliates Trust
NSA
| $3.3M | ﹤0.01% |
136,211
+12,040
| +10% | +$273K |
|
402
Morningstar
MORN
$7.55B
| $3.22M | ﹤0.01% |
+37,900
| New | +$3.09M |
|
403
First Merchants
FRME
$2.69B
| $3.18M | ﹤0.01% |
74,157
+6,397
| +9% | +$255K |
|
|
CSFL
404
DELISTED
CenterState Bank Corporation Common Stock
CSFL
| $3.18M | ﹤0.01% |
118,816
-5,516
| -4% | -$137K |
|
405
Ironwood Pharmaceuticals
IRWD
$586M
| $3.17M | ﹤0.01% |
240,064
-2,139
| -0.9% | -$29.4K |
|
406
Quanex
NX
$825M
| $3.12M | ﹤0.01% |
135,775
+12,888
| +10% | +$267K |
|
|
CHL
407
DELISTED
China Mobile Limited
CHL
| $3.09M | ﹤0.01% |
61,038
+675
| +1% | +$36K |
|
408
Shinhan Financial Group
SHG
$32.1B
| $3.03M | ﹤0.01% |
68,379
+3,994
| +6% | +$181K |
|
409
Banner Corp
BANR
$2.38B
| $2.98M | ﹤0.01% |
48,564
+4,716
| +11% | +$267K |
|
410
MYR Group
MYRG
$5.01B
| $2.98M | ﹤0.01% |
102,130
+8,124
| +9% | +$225K |
|
|
JOYY
411
JOYY Inc
JOYY
$3.73B
| $2.96M | ﹤0.01% |
34,109
| – | – |
|
412
Ring Energy
REI
$307M
| $2.92M | ﹤0.01% |
201,894
+20,608
| +11% | +$266K |
|
413
Resources Connection
RGP
$140M
| $2.92M | ﹤0.01% |
210,195
+21,253
| +11% | +$277K |
|
414
Ethan Allen Interiors
ETD
$600M
| $2.9M | ﹤0.01% |
89,647
+8,282
| +10% | +$254K |
|
415
Icon
ICLR
$13.7B
| $2.89M | ﹤0.01% |
+25,374
| New | +$2.7M |
|
416
AMERISAFE
AMSF
$562M
| $2.89M | ﹤0.01% |
49,644
+4,626
| +10% | +$260K |
|
417
Delek US
DK
$3.98B
| $2.87M | ﹤0.01% |
+107,251
| New | +$2.68M |
|
418
General Dynamics
GD
$103B
| $2.81M | ﹤0.01% |
13,674
+59
| +0.4% | +$11.8K |
|
419
MasTec
MTZ
$22.7B
| $2.77M | ﹤0.01% |
+59,812
| New | +$2.61M |
|
|
FARO
420
DELISTED
Faro Technologies
FARO
| $2.7M | ﹤0.01% |
70,703
| – | – |
|
|
SRCI
421
DELISTED
SRC Energy Inc
SRCI
| $2.68M | ﹤0.01% |
277,382
| – | – |
|
|
WLH
422
DELISTED
WILLIAM LYON HOMES
WLH
| $2.64M | ﹤0.01% |
114,741
| – | – |
|
423
Southside Bancshares
SBSI
$963M
| $2.62M | ﹤0.01% |
71,931
-10,891
| -13% | -$370K |
|
424
Knowles
KN
$2.95B
| $2.6M | ﹤0.01% |
170,245
+17,404
| +11% | +$267K |
|
425
iShares Global Healthcare ETF
IXJ
$4.16B
| $2.54M | ﹤0.01% |
45,100
+17,818
| +65% | +$980K |
|
Similar funds
Fisher Asset Management's Q3 2017 Portfolio in Review
As of Q3 2017, Fisher Asset Management held 922 positions worth $71.3B, up 7.5% from $66.3B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Fisher Asset Management's Q3 2017 filing shows 120 new, 343 increased, 284 reduced and 79 closed positions. Its largest new stake was Coresite Realty Corporation: 286,849 shares worth $32.1M. The largest sale was Parexel International Corp, an estimated $184M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, up from 18% a quarter earlier, followed by Technology and Healthcare.
- Fisher Asset Management's largest Q3 2017 buy was Coresite Realty Corporation: 286,849 shares worth $32.1M.
- Fisher Asset Management added most to BAYER AG SPONS ADR in Q3 2017, an estimated $535M increase.
- Fisher Asset Management's biggest Q3 2017 reduction was PNC Financial Services, cutting an estimated $31M.
- Fisher Asset Management fully exited Parexel International Corp in Q3 2017, selling an estimated $184M.
- Fisher Asset Management's ten largest holdings make up 23% of its $71.3B portfolio in Q3 2017.
- Fisher Asset Management opened 120 new positions and closed 79 in Q3 2017.
- Fisher Asset Management's portfolio value rose 7.5% quarter-over-quarter to $71.3B.
Based on Fisher Asset Management's 13F filing for Q3 2017, filed 17 Oct 2017.