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 |
AB InBev
BUD
|
+$543M |
| 2 |
ExxonMobil
XOM
|
+$75.8M |
| 3 |
Trip.com Group
TCOM
|
+$57M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$56.8M |
| 5 |
Alibaba
BABA
|
+$52.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Toyota
TM
|
+$571M |
| 2 |
Chevron
CVX
|
+$76.5M |
| 3 |
SFG
STANCORP FINL GRP
SFG
|
+$39.1M |
| 4 |
NVO
Novo Nordisk
NVO
|
+$36.4M |
| 5 |
Gilead Sciences
GILD
|
+$25.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 20.2% |
| 2 | Healthcare | 14.84% |
| 3 | Technology | 13.02% |
| 4 | Consumer Discretionary | 7.11% |
| 5 | Industrials | 6.4% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CMCSK
426
DELISTED
COMCAST CORP SPL A (NEW)
CMCSK
| $1.44M | ﹤0.01% |
25,063
-458
| -2% | -$26.2K |
|
|
CLDT
427
Chatham Lodging
CLDT
$614M
| $1.41M | ﹤0.01% |
+65,538
| New | +$1.63M |
|
428
HP
HPQ
$24.8B
| $1.37M | ﹤0.01% |
117,728
+85,090
| +261% | +$1.11M |
|
|
HT
429
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $1.3M | ﹤0.01% |
+57,568
| New | +$1.47M |
|
430
Verizon
VZ
$198B
| $1.28M | ﹤0.01% |
29,351
-625
| -2% | -$28.8K |
|
431
Philip Morris
PM
$292B
| $1.23M | ﹤0.01% |
15,530
-2,496
| -14% | -$205K |
|
432
Colgate-Palmolive
CL
$71.9B
| $1.2M | ﹤0.01% |
18,961
+8,069
| +74% | +$527K |
|
433
McKesson
MCK
$96.8B
| $1.19M | ﹤0.01% |
+6,433
| New | +$1.36M |
|
434
ServiceNow
NOW
$118B
| $1.17M | ﹤0.01% |
84,535
+8,035
| +11% | +$120K |
|
|
NAB
435
DELISTED
NATL AUSTRALIA BK LTD ADS5
NAB
| $1.17M | ﹤0.01% |
111,234
-48,717
| -30% | -$513K |
|
436
DHT Holdings
DHT
$2.98B
| $1.14M | ﹤0.01% |
+153,822
| New | +$1.19M |
|
437
iShares National Muni Bond ETF
MUB
$45.2B
| $1.11M | ﹤0.01% |
+10,145
| New | +$1.1M |
|
|
SPLK
438
DELISTED
Splunk Inc
SPLK
| $1.08M | ﹤0.01% |
19,466
+3,044
| +19% | +$199K |
|
|
CNCE
439
DELISTED
Concert Pharmaceuticals, Inc.
CNCE
| $1.05M | ﹤0.01% |
+55,934
| New | +$951K |
|
440
iShares Russell 2000 Value ETF
IWN
$14.5B
| $1.02M | ﹤0.01% |
11,330
+70
| +0.6% | +$6.72K |
|
441
Vanguard S&P 500 ETF
VOO
$993B
| $1.01M | ﹤0.01% |
5,730
+165
| +3% | +$30.7K |
|
442
Booking.com
BKNG
$149B
| $981K | ﹤0.01% |
19,825
+425
| +2% | +$21.1K |
|
443
VanEck Vietnam ETF
VNM
$506M
| $974K | ﹤0.01% |
62,900
+900
| +1% | +$15.5K |
|
444
ResMed
RMD
$31.2B
| $970K | ﹤0.01% |
+19,025
| New | +$1.02M |
|
|
Y
445
DELISTED
Alleghany Corp
Y
| $960K | ﹤0.01% |
+2,050
| New | +$986K |
|
|
APC
446
DELISTED
Anadarko Petroleum
APC
| $951K | ﹤0.01% |
15,747
+5,235
| +50% | +$372K |
|
447
Principal Financial Group
PFG
$24.6B
| $948K | ﹤0.01% |
+20,025
| New | +$1.04M |
|
448
Align Technology
ALGN
$12.4B
| $941K | ﹤0.01% |
16,578
+6,050
| +57% | +$361K |
|
449
State Street SPDR S&P 500 ETF Trust
SPY
$806B
| $930K | ﹤0.01% |
4,855
-991
| -17% | -$201K |
|
|
EGRX
450
DELISTED
Eagle Pharmaceuticals, Inc.
EGRX
| $922K | ﹤0.01% |
+12,461
| New | +$1.04M |
|
Similar funds
Fisher Asset Management's Q3 2015 Portfolio in Review
As of Q3 2015, Fisher Asset Management held 777 positions worth $48B, down 6.7% from $51.4B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Fisher Asset Management's Q3 2015 filing shows 146 new, 253 increased, 242 reduced and 62 closed positions. Its largest new stake was First American: 571,175 shares worth $22.3M. The largest sale was Toyota, an estimated $571M.
By sector, the portfolio is most concentrated in Financials at 20% of assets, down from 21% a quarter earlier, followed by Healthcare and Technology.
- Fisher Asset Management's largest Q3 2015 buy was First American: 571,175 shares worth $22.3M.
- Fisher Asset Management added most to AB InBev in Q3 2015, an estimated $543M increase.
- Fisher Asset Management's biggest Q3 2015 reduction was Toyota, cutting an estimated $571M.
- Fisher Asset Management fully exited STANCORP FINL GRP in Q3 2015, selling an estimated $39.1M.
- Fisher Asset Management's ten largest holdings make up 23% of its $48B portfolio in Q3 2015.
- Fisher Asset Management opened 146 new positions and closed 62 in Q3 2015.
- Fisher Asset Management's portfolio value fell 6.7% quarter-over-quarter to $48B.
Based on Fisher Asset Management's 13F filing for Q3 2015, filed 20 Oct 2015.