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 |
Alphabet (Google) Class A
GOOGL
|
+$702M |
| 2 |
CAA
CalAtlantic Group, Inc.
CAA
|
+$90.3M |
| 3 |
America Movil
AMX
|
+$71.3M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$62.1M |
| 5 |
Stratasys
SSYS
|
+$53.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class C
GOOG
|
+$671M |
| 2 |
RYL
RYLAND GROUP INC
RYL
|
+$90.9M |
| 3 |
PMCS
P M C SIERRA INC
PMCS
|
+$76.3M |
| 4 |
BMR
BIOMED REALTY TRUST INC
BMR
|
+$40.1M |
| 5 |
HPY
HEARTLAND PAYMENT SYSTEMS, INC. COM STK
HPY
|
+$38.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.64% |
| 2 | Healthcare | 14.19% |
| 3 | Technology | 13.13% |
| 4 | Consumer Discretionary | 7.98% |
| 5 | Industrials | 6.61% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
426
Energizer
ENR
$1.44B
| $1.84M | ﹤0.01% |
53,995
+5
| +0% | +$191 |
|
427
AT&T
T
$159B
| $1.79M | ﹤0.01% |
68,720
-11,966
| -15% | -$304K |
|
|
DISCK
428
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $1.78M | ﹤0.01% |
70,576
-352
| -0.5% | -$9.62K |
|
|
BNCN
429
DELISTED
BNC Bancorp
BNCN
| $1.63M | ﹤0.01% |
+64,206
| New | +$1.55M |
|
430
Camden Property Trust
CPT
$11B
| $1.61M | ﹤0.01% |
20,952
+548
| +3% | +$41.8K |
|
431
Incyte
INCY
$24.2B
| $1.61M | ﹤0.01% |
14,818
+323
| +2% | +$36K |
|
432
Philip Morris
PM
$297B
| $1.6M | ﹤0.01% |
18,222
+2,692
| +17% | +$234K |
|
433
Berkshire Hathaway Class A
BRK.A
$1.1T
| $1.58M | ﹤0.01% |
8
-2
| -20% | -$403K |
|
|
SNDK
434
DELISTED
SANDISK CORP
SNDK
| $1.55M | ﹤0.01% |
20,340
-211,336
| -91% | -$15.5M |
|
435
ServiceNow
NOW
$115B
| $1.53M | ﹤0.01% |
88,470
+3,935
| +5% | +$65K |
|
|
INN
436
Summit Hotel Properties
INN
$746M
| $1.5M | ﹤0.01% |
125,707
| – | – |
|
|
ALJ
437
DELISTED
Alon USA Energy Inc
ALJ
| $1.49M | ﹤0.01% |
100,700
| – | – |
|
438
DHT Holdings
DHT
$2.99B
| $1.48M | ﹤0.01% |
183,185
+29,363
| +19% | +$230K |
|
439
Toronto Dominion Bank
TD
$198B
| $1.48M | ﹤0.01% |
37,843
+33
| +0.1% | +$1.34K |
|
|
HT
440
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $1.46M | ﹤0.01% |
67,183
+9,615
| +17% | +$228K |
|
|
CWEI
441
DELISTED
Clayton Williams Energy, Inc.
CWEI
| $1.45M | ﹤0.01% |
48,981
+10,421
| +27% | +$546K |
|
442
Royal Bank of Canada
RY
$291B
| $1.45M | ﹤0.01% |
27,002
-18,500
| -41% | -$1.04M |
|
443
Colgate-Palmolive
CL
$73.1B
| $1.39M | ﹤0.01% |
20,890
+1,929
| +10% | +$128K |
|
444
State Street SPDR Portfolio Mortgage Backed Bond ETF
SPMB
$6.95B
| $1.35M | ﹤0.01% |
+50,507
| New | +$1.36M |
|
|
CLDT
445
Chatham Lodging
CLDT
$622M
| $1.34M | ﹤0.01% |
65,654
+116
| +0.2% | +$2.6K |
|
446
Vanguard S&P 500 ETF
VOO
$979B
| $1.34M | ﹤0.01% |
7,170
+1,440
| +25% | +$271K |
|
447
Lowe's Companies
LOW
$117B
| $1.31M | ﹤0.01% |
17,266
+7,366
| +74% | +$547K |
|
448
Prothena Corp
PRTA
$425M
| $1.3M | ﹤0.01% |
19,040
| – | – |
|
449
McDonald's
MCD
$192B
| $1.27M | ﹤0.01% |
10,785
+1,941
| +22% | +$217K |
|
|
NAB
450
DELISTED
NATL AUSTRALIA BK LTD ADS5
NAB
| $1.26M | ﹤0.01% |
114,669
+3,435
| +3% | +$37.7K |
|
Similar funds
Fisher Asset Management's Q4 2015 Portfolio in Review
As of Q4 2015, Fisher Asset Management held 832 positions worth $51.9B, up 8.1% from $48B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Fisher Asset Management's Q4 2015 filing shows 117 new, 382 increased, 189 reduced and 39 closed positions. Its largest new stake was Alphabet (Google) Class A: 18,980,280 shares worth $738M. The largest sale was Alphabet (Google) Class C, an estimated $671M.
By sector, the portfolio is most concentrated in Financials at 20% of assets, down from 20% a quarter earlier, followed by Healthcare and Technology.
- Fisher Asset Management's largest Q4 2015 buy was Alphabet (Google) Class A: 18,980,280 shares worth $738M.
- Fisher Asset Management added most to CalAtlantic Group, Inc. in Q4 2015, an estimated $90.3M increase.
- Fisher Asset Management's biggest Q4 2015 reduction was Alphabet (Google) Class C, cutting an estimated $671M.
- Fisher Asset Management fully exited RYLAND GROUP INC in Q4 2015, selling an estimated $90.9M.
- Fisher Asset Management's ten largest holdings make up 23% of its $51.9B portfolio in Q4 2015.
- Fisher Asset Management opened 117 new positions and closed 39 in Q4 2015.
- Fisher Asset Management's portfolio value rose 8.1% quarter-over-quarter to $51.9B.
Based on Fisher Asset Management's 13F filing for Q4 2015, filed 14 Jan 2016.