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 | |
|---|---|---|---|---|---|---|
551
iShares Russell 2000 ETF
IWM
$81.5B
| $691K | ﹤0.01% |
4,099
+1,012
| +33% | +$171K |
|
|
HOLX
552
DELISTED
Hologic
HOLX
| $677K | ﹤0.01% |
16,522
+122
| +0.7% | +$4.93K |
|
553
iShares MSCI EAFE ETF
EFA
$78.4B
| $675K | ﹤0.01% |
9,928
-2,926
| -23% | -$198K |
|
554
ENI
E
$79B
| $672K | ﹤0.01% |
+17,831
| New | +$672K |
|
555
Fluor
FLR
$7.01B
| $662K | ﹤0.01% |
11,391
+363
| +3% | +$19.8K |
|
|
PGNX
556
DELISTED
Progenics Pharmaceuticals Inc
PGNX
| $659K | ﹤0.01% |
105,125
-26,736
| -20% | -$205K |
|
|
DVAX
557
DELISTED
Dynavax Technologies
DVAX
| $657K | ﹤0.01% |
52,955
-17,315
| -25% | -$234K |
|
|
SN
558
DELISTED
Sanchez Energy Corporation
SN
| $637K | ﹤0.01% |
277,034
-111,520
| -29% | -$385K |
|
559
PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund
HYS
$1.74B
| $631K | ﹤0.01% |
6,270
-754
| -11% | -$75.5K |
|
|
CLDT
560
Chatham Lodging
CLDT
$614M
| $623K | ﹤0.01% |
29,842
| – | – |
|
|
CEO
561
DELISTED
CNOOC Limited
CEO
| $618K | ﹤0.01% |
+3,130
| New | +$531K |
|
562
State Street Technology Select Sector SPDR ETF
XLK
$117B
| $614K | ﹤0.01% |
16,294
-3,318
| -17% | -$122K |
|
563
Renasant Corp
RNST
$4.02B
| $604K | ﹤0.01% |
14,658
-4,682
| -24% | -$212K |
|
564
State Street Financial Select Sector SPDR ETF
XLF
$58B
| $604K | ﹤0.01% |
21,893
-244,368
| -92% | -$6.84M |
|
565
Freshpet
FRPT
$2.93B
| $588K | ﹤0.01% |
16,019
+4,532
| +39% | +$149K |
|
566
Illinois Tool Works
ITW
$83B
| $587K | ﹤0.01% |
4,156
+521
| +14% | +$73.4K |
|
567
Starbucks
SBUX
$118B
| $585K | ﹤0.01% |
10,291
+628
| +6% | +$33.2K |
|
568
iShares Core S&P 500 ETF
IVV
$884B
| $575K | ﹤0.01% |
1,963
-583
| -23% | -$167K |
|
569
Tetra Tech
TTEK
$8.66B
| $571K | ﹤0.01% |
41,825
+5,250
| +14% | +$69.5K |
|
570
HP
HPQ
$24.8B
| $570K | ﹤0.01% |
22,127
+9,864
| +80% | +$238K |
|
|
HT
571
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $562K | ﹤0.01% |
24,779
-8,946
| -27% | -$200K |
|
572
iShares Core S&P Small-Cap ETF
IJR
$111B
| $556K | ﹤0.01% |
6,376
+1,499
| +31% | +$131K |
|
573
Texas Pacific Land
TPL
$28B
| $554K | ﹤0.01% |
5,778
+2,484
| +75% | +$221K |
|
574
Becton Dickinson
BDX
$46.9B
| $552K | ﹤0.01% |
2,167
-15
| -0.7% | -$3.69K |
|
575
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.46B
| $549K | ﹤0.01% |
14,358
-35
| -0.2% | -$1.35K |
|
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.