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 | |
|---|---|---|---|---|---|---|
401
Rexford Industrial Realty
REXR
$8.22B
| $2.67M | ﹤0.01% |
58,424
-17,583
| -23% | -$797K |
|
|
ALXN
402
DELISTED
Alexion Pharmaceuticals
ALXN
| $2.66M | ﹤0.01% |
23,274
+526
| +2% | +$56.7K |
|
|
FIHD
403
DELISTED
UBS AG FI Enhanced Global High Yield ETN
FIHD
| $2.62M | ﹤0.01% |
17,439
-36,800
| -68% | -$5.59M |
|
404
LivePerson
LPSN
$28.1M
| $2.61M | ﹤0.01% |
3,350
+3
| +0.1% | +$2.25K |
|
|
ICPT
405
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $2.6M | ﹤0.01% |
62,843
-4,268
| -6% | -$196K |
|
406
AbbVie
ABBV
$432B
| $2.6M | ﹤0.01% |
29,680
-1,741
| -6% | -$164K |
|
407
Hexcel
HXL
$7.77B
| $2.59M | ﹤0.01% |
77,202
-170
| -0.2% | -$6.86K |
|
|
NUAN
408
DELISTED
Nuance Communications, Inc.
NUAN
| $2.59M | ﹤0.01% |
77,936
-30,198
| -28% | -$876K |
|
409
Stewart Information Services
STC
$2.1B
| $2.55M | ﹤0.01% |
58,394
| – | – |
|
410
WisdomTree
WT
$3.27B
| $2.55M | ﹤0.01% |
795,553
-800
| -0.1% | -$2.88K |
|
|
COWN
411
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $2.52M | ﹤0.01% |
155,138
-30,589
| -16% | -$520K |
|
412
8x8 Inc
EGHT
$339M
| $2.52M | ﹤0.01% |
162,153
-39,620
| -20% | -$637K |
|
413
iShares Europe ETF
IEV
$1.7B
| $2.52M | ﹤0.01% |
60,115
-7,646
| -11% | -$327K |
|
414
IBM
IBM
$222B
| $2.49M | ﹤0.01% |
21,392
+3,169
| +17% | +$373K |
|
415
Genpact
G
$5.82B
| $2.45M | ﹤0.01% |
62,937
-19,451
| -24% | -$767K |
|
416
Verizon
VZ
$195B
| $2.45M | ﹤0.01% |
41,159
+1,066
| +3% | +$61.9K |
|
417
State Street Technology Select Sector SPDR ETF
XLK
$123B
| $2.42M | ﹤0.01% |
41,524
-1,402
| -3% | -$79.2K |
|
418
PetMed Express
PETS
$42.3M
| $2.4M | ﹤0.01% |
75,764
-25,926
| -25% | -$858K |
|
419
KraneShares CSI China Internet ETF
KWEB
$5.67B
| $2.39M | ﹤0.01% |
35,117
-1,030
| -3% | -$69.9K |
|
|
SPR
420
DELISTED
Spirit AeroSystems
SPR
| $2.3M | ﹤0.01% |
121,564
-2,977
| -2% | -$62.8K |
|
421
Snap-on
SNA
$21.4B
| $2.28M | ﹤0.01% |
15,526
-2,449
| -14% | -$356K |
|
|
FIYY
422
DELISTED
Barclays ETN+ FI Enhanced Global High Yield ETN Series B
FIYY
| $2.28M | ﹤0.01% |
26,633
-49,706
| -65% | -$4.3M |
|
423
US Bancorp
USB
$99.6B
| $2.26M | ﹤0.01% |
62,987
-49,582
| -44% | -$1.81M |
|
424
Progressive
PGR
$125B
| $2.18M | ﹤0.01% |
23,045
-8,839
| -28% | -$794K |
|
425
M/I Homes
MHO
$3.75B
| $2.17M | ﹤0.01% |
47,118
-16,081
| -25% | -$669K |
|
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.