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 |
Adobe
ADBE
|
+$312M |
| 2 |
Salesforce
CRM
|
+$299M |
| 3 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$263M |
| 4 |
Netflix
NFLX
|
+$250M |
| 5 |
ConocoPhillips
COP
|
+$246M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PepsiCo
PEP
|
+$755M |
| 2 |
Procter & Gamble
PG
|
+$520M |
| 3 |
UN
Unilever NV New York Registry Shares
UN
|
+$179M |
| 4 |
Televisa
TV
|
+$119M |
| 5 |
Vanguard Industrials ETF
VIS
|
+$81M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.39% |
| 2 | Financials | 12.97% |
| 3 | Healthcare | 11.55% |
| 4 | Consumer Discretionary | 8.66% |
| 5 | Energy | 7.16% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
501
Builders FirstSource
BLDR
$7.78B
| $1.46M | ﹤0.01% |
109,126
-13,351
| -11% | -$175K |
|
502
Citigroup
C
$228B
| $1.43M | ﹤0.01% |
22,987
-18,154
| -44% | -$1.13M |
|
503
W&T Offshore
WTI
$507M
| $1.41M | ﹤0.01% |
204,657
| – | – |
|
504
iShares Global Financials ETF
IXG
$685M
| $1.4M | ﹤0.01% |
22,710
+3,220
| +17% | +$198K |
|
|
NPTN
505
DELISTED
NEOPHOTONICS CORP
NPTN
| $1.36M | ﹤0.01% |
215,607
| – | – |
|
506
Quanex
NX
$919M
| $1.33M | ﹤0.01% |
84,017
| – | – |
|
|
CSFL
507
DELISTED
CenterState Bank Corporation Common Stock
CSFL
| $1.33M | ﹤0.01% |
55,990
-72
| -0.1% | -$1.78K |
|
|
DHC
508
Diversified Healthcare Trust
DHC
$2.07B
| $1.28M | ﹤0.01% |
108,350
| – | – |
|
|
QTS
509
DELISTED
QTS REALTY TRUST, INC.
QTS
| $1.25M | ﹤0.01% |
27,905
-3,052
| -10% | -$128K |
|
510
Oil States International
OIS
$508M
| $1.25M | ﹤0.01% |
73,657
+28,156
| +62% | +$476K |
|
511
Trane Technologies
TT
$101B
| $1.24M | ﹤0.01% |
11,469
+105
| +0.9% | +$10.6K |
|
512
Northern Oil and Gas
NOG
$2.2B
| $1.21M | ﹤0.01% |
44,211
-516
| -1% | -$12.9K |
|
513
Southside Bancshares
SBSI
$972M
| $1.21M | ﹤0.01% |
36,296
-5,045
| -12% | -$171K |
|
514
B&G Foods
BGS
$287M
| $1.19M | ﹤0.01% |
48,713
+1,622
| +3% | +$42.5K |
|
515
PNC Financial Services
PNC
$101B
| $1.18M | ﹤0.01% |
9,618
-2,954
| -23% | -$366K |
|
|
CVET
516
DELISTED
Covetrus, Inc. Common Stock
CVET
| $1.18M | ﹤0.01% |
+37,023
| New | +$1.31M |
|
517
Norfolk Southern
NSC
$75.4B
| $1.18M | ﹤0.01% |
6,304
+97
| +2% | +$16.8K |
|
518
Enanta Pharmaceuticals
ENTA
$388M
| $1.17M | ﹤0.01% |
12,289
+75
| +0.6% | +$6.73K |
|
519
Travere Therapeutics
TVTX
$5.11B
| $1.13M | ﹤0.01% |
49,930
-30
| -0.1% | -$663 |
|
520
Lockheed Martin
LMT
$134B
| $1.13M | ﹤0.01% |
3,760
+632
| +20% | +$185K |
|
521
Lennar Class B
LEN.B
$20.1B
| $1.11M | ﹤0.01% |
29,796
-5,690
| -16% | -$203K |
|
522
Suncor Energy
SU
$76.3B
| $1.09M | ﹤0.01% |
33,509
+11,342
| +51% | +$369K |
|
|
MNTA
523
DELISTED
Momenta Pharmaceuticals, Inc.
MNTA
| $1.07M | ﹤0.01% |
73,701
| – | – |
|
524
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23B
| $1.03M | ﹤0.01% |
19,575
-1,043
| -5% | -$54.4K |
|
525
iShares MSCI EAFE ETF
EFA
$79B
| $1.03M | ﹤0.01% |
15,925
+3,147
| +25% | +$198K |
|
Similar funds
Fisher Asset Management's Q1 2019 Portfolio in Review
As of Q1 2019, Fisher Asset Management held 944 positions worth $85.3B, up 17% from $73.2B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Fisher Asset Management's Q1 2019 filing shows 78 new, 319 increased, 366 reduced and 82 closed positions. Its largest new stake was Hess: 2,044,909 shares worth $123M. The largest sale was PepsiCo, an estimated $755M.
By sector, the portfolio is most concentrated in Technology at 18% of assets, up from 17% a quarter earlier, followed by Financials and Healthcare.
- Fisher Asset Management's largest Q1 2019 buy was Hess: 2,044,909 shares worth $123M.
- Fisher Asset Management added most to Adobe in Q1 2019, an estimated $312M increase.
- Fisher Asset Management's biggest Q1 2019 reduction was PepsiCo, cutting an estimated $755M.
- Fisher Asset Management fully exited Televisa in Q1 2019, selling an estimated $119M.
- Fisher Asset Management's ten largest holdings make up 26% of its $85.3B portfolio in Q1 2019.
- Fisher Asset Management opened 78 new positions and closed 82 in Q1 2019.
- Fisher Asset Management's portfolio value rose 17% quarter-over-quarter to $85.3B.
Based on Fisher Asset Management's 13F filing for Q1 2019, filed 22 Apr 2019.