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 |
Caterpillar
CAT
|
+$675M |
| 2 |
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
|
+$559M |
| 3 |
PayPal
PYPL
|
+$417M |
| 4 |
Netflix
NFLX
|
+$408M |
| 5 |
Alibaba
BABA
|
+$328M |
Top Sells
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.01% |
| 2 | Financials | 13.51% |
| 3 | Healthcare | 10.94% |
| 4 | Consumer Discretionary | 8.78% |
| 5 | Energy | 6.2% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
576
iShares Global Consumer Staples ETF
KXI
$1.06B
| $706K | ﹤0.01% |
12,879
-4,595
| -26% | -$248K |
|
577
Boston Scientific
BSX
$72B
| $705K | ﹤0.01% |
17,333
+2,289
| +15% | +$97K |
|
578
Travere Therapeutics
TVTX
$5.11B
| $698K | ﹤0.01% |
60,190
| – | – |
|
579
Danaher
DHR
$139B
| $691K | ﹤0.01% |
5,395
+428
| +9% | +$53.6K |
|
|
INN
580
Summit Hotel Properties
INN
$749M
| $691K | ﹤0.01% |
59,541
| – | – |
|
581
Southern Company
SO
$107B
| $683K | ﹤0.01% |
11,063
+1,774
| +19% | +$103K |
|
582
Wynn Resorts
WYNN
$10.2B
| $682K | ﹤0.01% |
6,271
+9
| +0.1% | +$1.07K |
|
583
Starbucks
SBUX
$118B
| $680K | ﹤0.01% |
7,687
-2,063
| -21% | -$191K |
|
584
State Street SPDR Portfolio Mortgage Backed Bond ETF
SPMB
$6.96B
| $658K | ﹤0.01% |
25,050
+2,589
| +12% | +$67.8K |
|
585
Vanguard Morningstar Value ETF
VTV
$189B
| $657K | ﹤0.01% |
5,887
+1,978
| +51% | +$219K |
|
586
Wabtec
WAB
$50.1B
| $640K | ﹤0.01% |
8,907
+665
| +8% | +$47.3K |
|
587
State Street SPDR S&P Metals & Mining ETF
XME
$3.94B
| $629K | ﹤0.01% |
24,698
-3,247,732
| -99% | -$86.9M |
|
588
Illinois Tool Works
ITW
$83B
| $623K | ﹤0.01% |
3,982
-102
| -2% | -$15.5K |
|
|
ACC
589
DELISTED
American Campus Communities, Inc.
ACC
| $615K | ﹤0.01% |
12,786
| – | – |
|
590
Consolidated Edison
ED
$39.8B
| $610K | ﹤0.01% |
6,460
+432
| +7% | +$38.4K |
|
591
Mondelez International
MDLZ
$78.8B
| $610K | ﹤0.01% |
11,022
-322
| -3% | -$17.6K |
|
592
Vanguard Information Technology ETF
VGT
$141B
| $594K | ﹤0.01% |
22,032
-5,344
| -20% | -$144K |
|
593
Stryker
SYK
$131B
| $593K | ﹤0.01% |
2,739
-1,231
| -31% | -$264K |
|
594
iShares US Pharmaceuticals ETF
IHE
$1.61B
| $592K | ﹤0.01% |
12,693
+4,632
| +57% | +$222K |
|
595
Broadcom
AVGO
$1.87T
| $589K | ﹤0.01% |
21,330
+6,700
| +46% | +$190K |
|
596
iShares Core MSCI Europe ETF
IEUR
$9B
| $577K | ﹤0.01% |
12,624
-151,527
| -92% | -$6.87M |
|
597
Ring Energy
REI
$320M
| $576K | ﹤0.01% |
351,277
| – | – |
|
598
Phillips 66
PSX
$82.7B
| $559K | ﹤0.01% |
5,457
+850
| +18% | +$85.2K |
|
599
Marathon Petroleum
MPC
$89.6B
| $558K | ﹤0.01% |
9,179
+704
| +8% | +$37.1K |
|
600
iShares Core MSCI Emerging Markets ETF
IEMG
$152B
| $554K | ﹤0.01% |
11,311
-8,513
| -43% | -$422K |
|
Similar funds
Fisher Asset Management's Q3 2019 Portfolio in Review
As of Q3 2019, Fisher Asset Management held 980 positions worth $91.1B, up 0.75% from $90.5B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Fisher Asset Management's Q3 2019 filing shows 78 new, 345 increased, 343 reduced and 77 closed positions. Its largest new stake was Global Payments: 199,149 shares worth $31.7M. The largest sale was Barclays ETN+ FI Enhanced Europe 50 ETN Series C, an estimated $881M.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 19% a quarter earlier, followed by Financials and Healthcare.
- Fisher Asset Management's largest Q3 2019 buy was Global Payments: 199,149 shares worth $31.7M.
- Fisher Asset Management added most to Caterpillar in Q3 2019, an estimated $675M increase.
- Fisher Asset Management's biggest Q3 2019 reduction was Barclays ETN+ FI Enhanced Europe 50 ETN Series C, cutting an estimated $881M.
- Fisher Asset Management fully exited Tableau Software, Inc. in Q3 2019, selling an estimated $53.8M.
- Fisher Asset Management's ten largest holdings make up 26% of its $91.1B portfolio in Q3 2019.
- Fisher Asset Management opened 78 new positions and closed 77 in Q3 2019.
- Fisher Asset Management's portfolio value rose 0.75% quarter-over-quarter to $91.1B.
Based on Fisher Asset Management's 13F filing for Q3 2019, filed 29 Oct 2019.