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 |
TotalEnergies
TTE
|
+$988M |
| 2 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$354M |
| 3 |
BP
BP
|
+$285M |
| 4 |
Freeport-McMoran
FCX
|
+$269M |
| 5 |
Rio Tinto
RIO
|
+$263M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Berkshire Hathaway Class B
BRK.B
|
+$612M |
| 2 |
BAY
BAYER AG SPONS ADR
BAY
|
+$441M |
| 3 |
Johnson & Johnson
JNJ
|
+$247M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$189M |
| 5 |
Vodafone
VOD
|
+$164M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.26% |
| 2 | Financials | 13.72% |
| 3 | Healthcare | 11.39% |
| 4 | Consumer Discretionary | 8.65% |
| 5 | Energy | 5.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
501
State Street SPDR Portfolio Intermediate Term Corporate Bond ETF
SPIB
$11.5B
| $1.36M | ﹤0.01% |
40,967
+18,032
| +79% | +$601K |
|
502
iShares MSCI Switzerland ETF
EWL
$2.19B
| $1.36M | ﹤0.01% |
+39,178
| New | +$1.34M |
|
503
Ring Energy
REI
$315M
| $1.35M | ﹤0.01% |
136,000
-26,597
| -16% | -$319K |
|
504
Vipshop
VIPS
$7.37B
| $1.35M | ﹤0.01% |
215,721
| – | – |
|
505
CVS Health
CVS
$133B
| $1.34M | ﹤0.01% |
17,049
-300,626
| -95% | -$21.5M |
|
|
ARRY
506
DELISTED
Array Biopharma Inc
ARRY
| $1.34M | ﹤0.01% |
88,256
-32,320
| -27% | -$495K |
|
|
QTS
507
DELISTED
QTS REALTY TRUST, INC.
QTS
| $1.32M | ﹤0.01% |
30,957
+1,421
| +5% | +$62K |
|
508
Lennar Class B
LEN.B
$19.4B
| $1.3M | ﹤0.01% |
35,490
-2,663
| -7% | -$108K |
|
|
IMGN
509
DELISTED
Immunogen Inc
IMGN
| $1.3M | ﹤0.01% |
136,949
+141
| +0.1% | +$1.35K |
|
510
B&G Foods
BGS
$287M
| $1.29M | ﹤0.01% |
47,175
-8,164
| -15% | -$253K |
|
511
iShares Global Financials ETF
IXG
$683M
| $1.28M | ﹤0.01% |
19,490
-422
| -2% | -$27.9K |
|
512
Toronto Dominion Bank
TD
$198B
| $1.27M | ﹤0.01% |
20,842
+408
| +2% | +$24.3K |
|
|
EGRX
513
DELISTED
Eagle Pharmaceuticals, Inc.
EGRX
| $1.24M | ﹤0.01% |
17,925
-2,827
| -14% | -$214K |
|
514
Trane Technologies
TT
$100B
| $1.24M | ﹤0.01% |
12,112
-9
| -0.1% | -$880 |
|
515
Southside Bancshares
SBSI
$967M
| $1.24M | ﹤0.01% |
35,527
-13,071
| -27% | -$462K |
|
|
ESRX
516
DELISTED
Express Scripts Holding Company
ESRX
| $1.2M | ﹤0.01% |
12,641
-403,815
| -97% | -$34.4M |
|
|
AGN
517
DELISTED
Allergan plc
AGN
| $1.17M | ﹤0.01% |
6,129
+28
| +0.5% | +$5.14K |
|
518
DuPont de Nemours
DD
$18.5B
| $1.17M | ﹤0.01% |
7,150
+931
| +15% | +$160K |
|
519
iShares Core MSCI EAFE ETF
IEFA
$191B
| $1.15M | ﹤0.01% |
+17,967
| New | +$1.15M |
|
520
Netflix
NFLX
$299B
| $1.13M | ﹤0.01% |
30,250
+6,840
| +29% | +$248K |
|
521
Enanta Pharmaceuticals
ENTA
$366M
| $1.04M | ﹤0.01% |
12,214
-2,469
| -17% | -$247K |
|
522
National Beverage
FIZZ
$2.96B
| $1.04M | ﹤0.01% |
17,890
+28
| +0.2% | +$1.57K |
|
523
Banc of California
BANC
$3.03B
| $1.02M | ﹤0.01% |
54,073
-11,148
| -17% | -$220K |
|
524
Lantheus
LNTH
$6.49B
| $996K | ﹤0.01% |
66,648
-33,410
| -33% | -$488K |
|
525
APA Corp
APA
$13.2B
| $952K | ﹤0.01% |
19,963
+5,417
| +37% | +$244K |
|
Similar funds
Fisher Asset Management's Q3 2018 Portfolio in Review
As of Q3 2018, Fisher Asset Management held 943 positions worth $82.4B, up 6.9% from $77B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Fisher Asset Management's Q3 2018 filing shows 81 new, 327 increased, 378 reduced and 73 closed positions. Its largest new stake was Adobe: 408,693 shares worth $110M. The largest sale was Berkshire Hathaway Class B, an estimated $612M.
By sector, the portfolio is most concentrated in Technology at 16% of assets, up from 15% a quarter earlier, followed by Financials and Healthcare.
- Fisher Asset Management's largest Q3 2018 buy was Adobe: 408,693 shares worth $110M.
- Fisher Asset Management added most to TotalEnergies in Q3 2018, an estimated $988M increase.
- Fisher Asset Management's biggest Q3 2018 reduction was Berkshire Hathaway Class B, cutting an estimated $612M.
- Fisher Asset Management fully exited Cavium, Inc. in Q3 2018, selling an estimated $56.9M.
- Fisher Asset Management's ten largest holdings make up 27% of its $82.4B portfolio in Q3 2018.
- Fisher Asset Management opened 81 new positions and closed 73 in Q3 2018.
- Fisher Asset Management's portfolio value rose 6.9% quarter-over-quarter to $82.4B.
Based on Fisher Asset Management's 13F filing for Q3 2018, filed 24 Oct 2018.