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 |
SI
SIEMENS AKTIENGESELLSCHAFT ADS
SI
|
+$125M |
| 2 |
Chevron
CVX
|
+$74.5M |
| 3 |
BF
BASF AKTIENGESELLT ADS(RP1 ORD
BF
|
+$69.7M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$69.2M |
| 5 |
Alibaba
BABA
|
+$60.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
HPY
HEARTLAND PAYMENT SYSTEMS, INC. COM STK
HPY
|
+$116M |
| 2 |
ABB
ABB Ltd
ABB
|
+$109M |
| 3 |
Prudential
PUK
|
+$107M |
| 4 |
JAH
JARDEN CORPORATION
JAH
|
+$78.2M |
| 5 |
ExxonMobil
XOM
|
+$68M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.96% |
| 2 | Healthcare | 14.07% |
| 3 | Technology | 13.49% |
| 4 | Consumer Discretionary | 8.15% |
| 5 | Industrials | 6.72% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
501
Danaher
DHR
$137B
| $518K | ﹤0.01% |
8,191
+337
| +4% | +$20.1K |
|
502
PNC Financial Services
PNC
$99.7B
| $504K | ﹤0.01% |
5,991
-72
| -1% | -$6.13K |
|
503
Hartford Financial Services
HIG
$38.9B
| $495K | ﹤0.01% |
10,776
-447
| -4% | -$18.8K |
|
504
Caterpillar
CAT
$375B
| $491K | ﹤0.01% |
6,197
+32
| +0.5% | +$2.15K |
|
505
Southern Company
SO
$109B
| $489K | ﹤0.01% |
9,650
-5,202
| -35% | -$253K |
|
506
Old Dominion Freight Line
ODFL
$44.1B
| $486K | ﹤0.01% |
21,060
| – | – |
|
507
Kimberly-Clark
KMB
$36.3B
| $480K | ﹤0.01% |
3,520
-918
| -21% | -$119K |
|
|
508
Prudential
PUK
$37.6B
| $469K | ﹤0.01% |
12,236
-2,954,635
| -100% | -$107M |
|
|
EGRX
509
DELISTED
Eagle Pharmaceuticals, Inc.
EGRX
| $464K | ﹤0.01% |
12,461
| – | – |
|
510
PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund
HYS
$1.75B
| $463K | ﹤0.01% |
4,919
+949
| +24% | +$85.8K |
|
|
RAI
511
DELISTED
Reynolds American Inc
RAI
| $450K | ﹤0.01% |
9,237
+83
| +0.9% | +$4.08K |
|
512
Mondelez International
MDLZ
$79.5B
| $436K | ﹤0.01% |
10,132
-1,471
| -13% | -$59.9K |
|
|
APC
513
DELISTED
Anadarko Petroleum
APC
| $435K | ﹤0.01% |
8,886
-1,001
| -10% | -$40.6K |
|
|
ARRY
514
DELISTED
Array Biopharma Inc
ARRY
| $430K | ﹤0.01% |
135,695
| – | – |
|
515
Schwab US Aggregate Bond ETF
SCHZ
$10.5B
| $429K | ﹤0.01% |
+16,190
| New | +$423K |
|
|
WBK
516
DELISTED
Westpac Banking Corporation
WBK
| $429K | ﹤0.01% |
18,073
+6,429
| +55% | +$143K |
|
517
General Mills
GIS
$19.1B
| $421K | ﹤0.01% |
6,748
+2,081
| +45% | +$121K |
|
518
Vertex Pharmaceuticals
VRTX
$121B
| $421K | ﹤0.01% |
5,155
-388
| -7% | -$35.1K |
|
519
Mercado Libre
MELI
$95.2B
| $420K | ﹤0.01% |
3,296
-250
| -7% | -$25.9K |
|
520
Opko Health
OPK
$985M
| $409K | ﹤0.01% |
37,867
+41
| +0.1% | +$375 |
|
521
Pacira BioSciences
PCRX
$1.04B
| $400K | ﹤0.01% |
6,197
| – | – |
|
|
BNY
522
Bank of New York Mellon
BNY
$106B
| $399K | ﹤0.01% |
10,549
-1,172
| -10% | -$42.5K |
|
523
Norfolk Southern
NSC
$75.4B
| $394K | ﹤0.01% |
4,821
-577
| -11% | -$43.6K |
|
|
AGEN
524
Agenus
AGEN
$312M
| $393K | ﹤0.01% |
4,669
| – | – |
|
525
Medtronic
MDT
$109B
| $387K | ﹤0.01% |
5,018
-887
| -15% | -$66.8K |
|
Similar funds
Fisher Asset Management's Q1 2016 Portfolio in Review
As of Q1 2016, Fisher Asset Management held 845 positions worth $52.6B, up 1.4% from $51.9B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Fisher Asset Management's Q1 2016 filing shows 52 new, 265 increased, 294 reduced and 101 closed positions. Its largest new stake was JD.com: 2,269,246 shares worth $67.8M. The largest sale was HEARTLAND PAYMENT SYSTEMS, INC. COM STK, an estimated $116M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, down from 20% a quarter earlier, followed by Healthcare and Technology.
- Fisher Asset Management's largest Q1 2016 buy was JD.com: 2,269,246 shares worth $67.8M.
- Fisher Asset Management added most to SIEMENS AKTIENGESELLSCHAFT ADS in Q1 2016, an estimated $125M increase.
- Fisher Asset Management's biggest Q1 2016 reduction was ABB Ltd, cutting an estimated $109M.
- Fisher Asset Management fully exited HEARTLAND PAYMENT SYSTEMS, INC. COM STK in Q1 2016, selling an estimated $116M.
- Fisher Asset Management's ten largest holdings make up 23% of its $52.6B portfolio in Q1 2016.
- Fisher Asset Management opened 52 new positions and closed 101 in Q1 2016.
- Fisher Asset Management's portfolio value rose 1.4% quarter-over-quarter to $52.6B.
Based on Fisher Asset Management's 13F filing for Q1 2016, filed 18 Apr 2016.