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 | |
|---|---|---|---|---|---|---|
426
OraSure Technologies
OSUR
$275M
| $2.15M | ﹤0.01% |
176,844
-72,096
| -29% | -$985K |
|
427
Expeditors International
EXPD
$23.5B
| $2.14M | ﹤0.01% |
23,619
+3,314
| +16% | +$282K |
|
428
IQVIA
IQV
$38.8B
| $2.13M | ﹤0.01% |
13,488
-2,155
| -14% | -$338K |
|
429
Republic Services
RSG
$66.2B
| $2.09M | ﹤0.01% |
22,420
-5,127
| -19% | -$459K |
|
430
iShares Expanded Tech-Software Sector ETF
IGV
$14.5B
| $2.09M | ﹤0.01% |
33,550
-2,310
| -6% | -$139K |
|
431
Ross Stores
ROST
$81.6B
| $2.05M | ﹤0.01% |
21,966
-8,144
| -27% | -$731K |
|
432
AT&T
T
$163B
| $2.03M | ﹤0.01% |
94,445
-2,271
| -2% | -$50.8K |
|
433
Worthington Enterprises
WOR
$2.86B
| $2.03M | ﹤0.01% |
80,769
+11,508
| +17% | +$280K |
|
|
MNTV
434
DELISTED
Momentive Global Inc. Common Stock
MNTV
| $2.03M | ﹤0.01% |
91,868
+6,125
| +7% | +$142K |
|
435
T. Rowe Price
TROW
$24.4B
| $2.03M | ﹤0.01% |
15,829
-7,841
| -33% | -$1.04M |
|
436
Hormel Foods
HRL
$13.9B
| $2.01M | ﹤0.01% |
41,118
-520
| -1% | -$26.1K |
|
437
State Street SPDR S&P 500 ETF Trust
SPY
$822B
| $2.01M | ﹤0.01% |
5,997
+587
| +11% | +$195K |
|
438
iShares MSCI Spain ETF
EWP
$2.16B
| $2.01M | ﹤0.01% |
92,212
-41,001
| -31% | -$946K |
|
439
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.55B
| $1.98M | ﹤0.01% |
47,077
-14,204
| -23% | -$714K |
|
440
Coca-Cola
KO
$375B
| $1.93M | ﹤0.01% |
39,086
-3,311
| -8% | -$159K |
|
|
KYO
441
DELISTED
Kyocera Adr
KYO
| $1.92M | ﹤0.01% |
33,764
-5,249
| -13% | -$298K |
|
442
AptarGroup
ATR
$8.68B
| $1.88M | ﹤0.01% |
16,576
-95
| -0.6% | -$11.1K |
|
443
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.54B
| $1.88M | ﹤0.01% |
51,616
+11,236
| +28% | +$422K |
|
444
iShares Core MSCI EAFE ETF
IEFA
$196B
| $1.87M | ﹤0.01% |
31,041
+25,266
| +438% | +$1.52M |
|
|
RDS.B
445
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
| $1.84M | ﹤0.01% |
76,190
+2,566
| +3% | +$73.5K |
|
446
Comfort Systems
FIX
$59.8B
| $1.82M | ﹤0.01% |
35,249
-14,299
| -29% | -$694K |
|
|
FARO
447
DELISTED
Faro Technologies
FARO
| $1.81M | ﹤0.01% |
29,621
-13,788
| -32% | -$790K |
|
448
Altria Group
MO
$114B
| $1.79M | ﹤0.01% |
46,346
+1,431
| +3% | +$59.6K |
|
449
Clorox
CLX
$12.8B
| $1.77M | ﹤0.01% |
8,415
-1,160
| -12% | -$258K |
|
450
Invesco China Technology ETF
CQQQ
$3.23B
| $1.75M | ﹤0.01% |
25,313
-807
| -3% | -$56.2K |
|
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.