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 |
Caterpillar
CAT
|
+$675M |
| 2 |
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
|
+$559M |
| 3 |
PayPal
PYPL
|
+$417M |
| 4 |
Netflix
NFLX
|
+$408M |
| 5 |
Alibaba
BABA
|
+$328M |
Top Sells
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.01% |
| 2 | Financials | 13.51% |
| 3 | Healthcare | 10.94% |
| 4 | Consumer Discretionary | 8.78% |
| 5 | Energy | 6.2% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
COWN
426
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $3.49M | ﹤0.01% |
226,538
+11,171
| +5% | +$181K |
|
|
LPT
427
DELISTED
Liberty Property Trust
LPT
| $3.44M | ﹤0.01% |
67,080
-212
| -0.3% | -$10.9K |
|
428
Northern Trust
NTRS
$33.3B
| $3.42M | ﹤0.01% |
36,676
-37
| -0.1% | -$3.4K |
|
429
M/I Homes
MHO
$3.74B
| $3.41M | ﹤0.01% |
90,634
| – | – |
|
430
AT&T
T
$159B
| $3.41M | ﹤0.01% |
119,258
-12,660
| -10% | -$335K |
|
|
RDS.B
431
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
| $3.39M | ﹤0.01% |
56,545
+5,973
| +12% | +$356K |
|
|
CRZO
432
DELISTED
Carrizo Oil & Gas Inc
CRZO
| $3.36M | ﹤0.01% |
391,795
| – | – |
|
433
Ameris Bancorp
ABCB
$5.85B
| $3.35M | ﹤0.01% |
83,286
| – | – |
|
434
State Street SPDR Portfolio Intermediate Term Corporate Bond ETF
SPIB
$11.5B
| $3.34M | ﹤0.01% |
94,791
-15,523
| -14% | -$545K |
|
435
State Street SPDR S&P 500 ETF Trust
SPY
$795B
| $3.33M | ﹤0.01% |
11,238
+715
| +7% | +$211K |
|
436
Check Point Software Technologies
CHKP
$13B
| $3.24M | ﹤0.01% |
29,548
+1,423
| +5% | +$159K |
|
437
Transocean
RIG
$5.89B
| $3.21M | ﹤0.01% |
718,831
-5,550
| -0.8% | -$29.4K |
|
438
Installed Building Products
IBP
$6.01B
| $3.18M | ﹤0.01% |
55,477
| – | – |
|
|
FFEU
439
DELISTED
Barclays ETN+ FI Enhanced Europe 50 ETN Series C
FFEU
| $3.18M | ﹤0.01% |
33,594
-9,511,965
| -100% | -$881M |
|
440
Clorox
CLX
$11.6B
| $3.17M | ﹤0.01% |
20,877
+291
| +1% | +$46K |
|
441
Curtiss-Wright
CW
$26.7B
| $3.15M | ﹤0.01% |
+24,387
| New | +$3.07M |
|
442
Henry Schein
HSIC
$9.77B
| $3.1M | ﹤0.01% |
48,850
+9
| +0% | +$581 |
|
443
Cencora
COR
$60.6B
| $3.09M | ﹤0.01% |
37,518
-432
| -1% | -$37.1K |
|
|
BZUN
444
Baozun
BZUN
$167M
| $3.06M | ﹤0.01% |
71,702
-320
| -0.4% | -$15.2K |
|
445
IBM
IBM
$211B
| $3.01M | ﹤0.01% |
21,670
+395
| +2% | +$53.3K |
|
446
Alcoa
AA
$11.9B
| $2.95M | ﹤0.01% |
147,008
-77
| -0.1% | -$1.6K |
|
447
Nike
NKE
$61.9B
| $2.93M | ﹤0.01% |
31,197
+1,294
| +4% | +$111K |
|
448
Hexcel
HXL
$7.79B
| $2.92M | ﹤0.01% |
35,565
+10,458
| +42% | +$854K |
|
|
NSTG
449
DELISTED
NanoString Technologies, Inc.
NSTG
| $2.92M | ﹤0.01% |
+135,239
| New | +$3.59M |
|
450
Comfort Systems
FIX
$60.9B
| $2.91M | ﹤0.01% |
65,756
-3,834
| -6% | -$167K |
|
Similar funds
Fisher Asset Management's Q3 2019 Portfolio in Review
As of Q3 2019, Fisher Asset Management held 980 positions worth $91.1B, up 0.75% from $90.5B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Fisher Asset Management's Q3 2019 filing shows 78 new, 345 increased, 343 reduced and 77 closed positions. Its largest new stake was Global Payments: 199,149 shares worth $31.7M. The largest sale was Barclays ETN+ FI Enhanced Europe 50 ETN Series C, an estimated $881M.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 19% a quarter earlier, followed by Financials and Healthcare.
- Fisher Asset Management's largest Q3 2019 buy was Global Payments: 199,149 shares worth $31.7M.
- Fisher Asset Management added most to Caterpillar in Q3 2019, an estimated $675M increase.
- Fisher Asset Management's biggest Q3 2019 reduction was Barclays ETN+ FI Enhanced Europe 50 ETN Series C, cutting an estimated $881M.
- Fisher Asset Management fully exited Tableau Software, Inc. in Q3 2019, selling an estimated $53.8M.
- Fisher Asset Management's ten largest holdings make up 26% of its $91.1B portfolio in Q3 2019.
- Fisher Asset Management opened 78 new positions and closed 77 in Q3 2019.
- Fisher Asset Management's portfolio value rose 0.75% quarter-over-quarter to $91.1B.
Based on Fisher Asset Management's 13F filing for Q3 2019, filed 29 Oct 2019.