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 |
FIHD
UBS AG FI Enhanced Global High Yield ETN
FIHD
|
+$353M |
| 2 |
Televisa
TV
|
+$92.4M |
| 3 |
FLGE
Credit Suisse FI Large Cap Growth Enhanced Exchange Traded Notes
FLGE
|
+$38.2M |
| 4 |
DST
DST Systems Inc.
DST
|
+$36.8M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$27M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FIEG
FI Enhanced Global High Yield Exchange Traded Notes
FIEG
|
+$315M |
| 2 |
CAB
Cabela's Inc
CAB
|
+$56.7M |
| 3 |
NXP Semiconductors
NXPI
|
+$48.7M |
| 4 |
TSMC
TSM
|
+$24.7M |
| 5 |
FIGY
Barclays ETN+ FI Enhanced Global High Yield ETN
FIGY
|
+$23.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.9% |
| 2 | Technology | 14.05% |
| 3 | Healthcare | 12.4% |
| 4 | Consumer Discretionary | 7.69% |
| 5 | Industrials | 6.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CLDT
501
Chatham Lodging
CLDT
$622M
| $475K | ﹤0.01% |
23,129
-15,845
| -41% | -$304K |
|
502
Occidental Petroleum
OXY
$56.8B
| $466K | ﹤0.01% |
6,537
+148
| +2% | +$10.5K |
|
|
HT
503
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $466K | ﹤0.01% |
21,656
-14,208
| -40% | -$277K |
|
|
EGRX
504
DELISTED
Eagle Pharmaceuticals, Inc.
EGRX
| $459K | ﹤0.01% |
5,780
-3,770
| -39% | -$274K |
|
505
United Therapeutics
UTHR
$25.8B
| $448K | ﹤0.01% |
3,124
| – | – |
|
506
Northrop Grumman
NOC
$77.1B
| $446K | ﹤0.01% |
1,918
+48
| +3% | +$11.2K |
|
|
PRAH
507
DELISTED
PRA Health Sciences, Inc.
PRAH
| $445K | ﹤0.01% |
+8,075
| New | +$443K |
|
508
CubeSmart
CUBE
$9.39B
| $439K | ﹤0.01% |
+16,400
| New | +$420K |
|
|
GLUU
509
DELISTED
Glu Mobile Inc.
GLUU
| $439K | ﹤0.01% |
226,417
-72,900
| -24% | -$153K |
|
510
Medtronic
MDT
$109B
| $434K | ﹤0.01% |
6,096
+1,147
| +23% | +$90.1K |
|
511
Marathon Petroleum
MPC
$92.4B
| $428K | ﹤0.01% |
8,500
-206
| -2% | -$9.35K |
|
512
iShares MSCI South Korea ETF
EWY
$21.9B
| $423K | ﹤0.01% |
7,949
-2,422
| -23% | -$132K |
|
|
BNY
513
Bank of New York Mellon
BNY
$106B
| $411K | ﹤0.01% |
8,676
-1,039
| -11% | -$46.9K |
|
|
XEC
514
DELISTED
CIMAREX ENERGY CO
XEC
| $408K | ﹤0.01% |
3,000
| – | – |
|
515
Duke Energy
DUK
$97.8B
| $404K | ﹤0.01% |
5,200
+2,351
| +83% | +$180K |
|
516
DHT Holdings
DHT
$2.99B
| $403K | ﹤0.01% |
97,246
-42,786
| -31% | -$170K |
|
517
Danaher
DHR
$137B
| $399K | ﹤0.01% |
5,783
-714
| -11% | -$49.6K |
|
|
APC
518
DELISTED
Anadarko Petroleum
APC
| $399K | ﹤0.01% |
5,717
-325
| -5% | -$21.1K |
|
519
State Street SPDR Bloomberg Short Term High Yield Bond ETF
SJNK
$4.89B
| $398K | ﹤0.01% |
14,378
-288
| -2% | -$7.93K |
|
520
Ametek
AME
$55.4B
| $393K | ﹤0.01% |
+8,077
| New | +$383K |
|
521
Mercado Libre
MELI
$95.2B
| $393K | ﹤0.01% |
2,517
| – | – |
|
522
Southern Company
SO
$109B
| $392K | ﹤0.01% |
7,975
-1,657
| -17% | -$81.4K |
|
523
Vertex Pharmaceuticals
VRTX
$121B
| $381K | ﹤0.01% |
5,168
| – | – |
|
|
CNCE
524
DELISTED
Concert Pharmaceuticals, Inc.
CNCE
| $372K | ﹤0.01% |
36,163
| – | – |
|
525
Illinois Tool Works
ITW
$82.6B
| $370K | ﹤0.01% |
3,024
+287
| +10% | +$34.7K |
|
Similar funds
Fisher Asset Management's Q4 2016 Portfolio in Review
As of Q4 2016, Fisher Asset Management held 837 positions worth $57.4B, up 2% from $56.3B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Fisher Asset Management's Q4 2016 filing shows 61 new, 208 increased, 401 reduced and 54 closed positions. Its largest new stake was Barclays ETN+ FI Enhanced Europe 50 ETN Series B: 174,286 shares worth $18.7M. The largest sale was FI Enhanced Global High Yield Exchange Traded Notes, an estimated $315M.
By sector, the portfolio is most concentrated in Financials at 20% of assets, up from 17% a quarter earlier, followed by Technology and Healthcare.
- Fisher Asset Management's largest Q4 2016 buy was Barclays ETN+ FI Enhanced Europe 50 ETN Series B: 174,286 shares worth $18.7M.
- Fisher Asset Management added most to UBS AG FI Enhanced Global High Yield ETN in Q4 2016, an estimated $353M increase.
- Fisher Asset Management's biggest Q4 2016 reduction was FI Enhanced Global High Yield Exchange Traded Notes, cutting an estimated $315M.
- Fisher Asset Management fully exited Cabela's Inc in Q4 2016, selling an estimated $56.7M.
- Fisher Asset Management's ten largest holdings make up 22% of its $57.4B portfolio in Q4 2016.
- Fisher Asset Management opened 61 new positions and closed 54 in Q4 2016.
- Fisher Asset Management's portfolio value rose 2% quarter-over-quarter to $57.4B.
Based on Fisher Asset Management's 13F filing for Q4 2016, filed 10 Jan 2017.