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 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$274M |
| 2 |
FRLG
Large Cap Growth Index-Linked Exchange Traded Notes due 2028
FRLG
|
+$138M |
| 3 |
FIHD
UBS AG FI Enhanced Global High Yield ETN
FIHD
|
+$69.1M |
| 4 |
Lumentum
LITE
|
+$41.9M |
| 5 |
Invesco QQQ Trust
QQQ
|
+$41.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TSMC
TSM
|
+$171M |
| 2 |
Petrobras
PBR
|
+$64.7M |
| 3 |
Vale
VALE
|
+$62.7M |
| 4 |
WMGI
Wright Medical Group Inc
WMGI
|
+$61.9M |
| 5 |
HDFC Bank
HDB
|
+$57.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.83% |
| 2 | Financials | 13.08% |
| 3 | Healthcare | 10.74% |
| 4 | Consumer Discretionary | 8.75% |
| 5 | Energy | 5.83% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
576
BlackRock MuniHoldings New Jersey Quality Fund
MUJ
$637M
| $592K | ﹤0.01% |
+41,263
| New | +$587K |
|
577
State Street SPDR Portfolio Mortgage Backed Bond ETF
SPMB
$6.95B
| $591K | ﹤0.01% |
22,642
-2,408
| -10% | -$63.1K |
|
578
Accenture
ACN
$102B
| $586K | ﹤0.01% |
2,781
+620
| +29% | +$121K |
|
579
Patterson-UTI
PTEN
$3.98B
| $562K | ﹤0.01% |
53,485
-757,362
| -93% | -$6.85M |
|
580
Stryker
SYK
$125B
| $560K | ﹤0.01% |
2,666
-73
| -3% | -$15.2K |
|
581
Thermo Fisher Scientific
TMO
$213B
| $553K | ﹤0.01% |
1,702
+123
| +8% | +$37.3K |
|
|
CLDT
582
Chatham Lodging
CLDT
$622M
| $549K | ﹤0.01% |
29,918
| – | – |
|
583
Duke Energy
DUK
$97.8B
| $547K | ﹤0.01% |
5,999
+914
| +18% | +$83.8K |
|
584
Factset
FDS
$9.36B
| $540K | ﹤0.01% |
2,011
-16
| -0.8% | -$4.11K |
|
|
ACC
585
DELISTED
American Campus Communities, Inc.
ACC
| $537K | ﹤0.01% |
11,419
-1,367
| -11% | -$65.4K |
|
|
PGNX
586
DELISTED
Progenics Pharmaceuticals Inc
PGNX
| $535K | ﹤0.01% |
105,125
| – | – |
|
587
Suncor Energy
SU
$79.4B
| $526K | ﹤0.01% |
16,037
-17,602
| -52% | -$549K |
|
588
Amphenol
APH
$198B
| $525K | ﹤0.01% |
19,408
-124
| -0.6% | -$3.17K |
|
589
Renasant Corp
RNST
$3.98B
| $521K | ﹤0.01% |
14,718
| – | – |
|
590
iShares 0-5 Year High Yield Corporate Bond ETF
SHYG
$7.62B
| $510K | ﹤0.01% |
10,989
+44
| +0.4% | +$2.03K |
|
591
Vanguard Total Bond Market
BND
$157B
| $502K | ﹤0.01% |
5,984
+2,573
| +75% | +$216K |
|
592
Delta Air Lines
DAL
$57.5B
| $501K | ﹤0.01% |
8,560
+3,720
| +77% | +$209K |
|
593
EPAM Systems
EPAM
$5.51B
| $500K | ﹤0.01% |
2,357
-31
| -1% | -$6.1K |
|
594
RPC Inc
RES
$1.24B
| $499K | ﹤0.01% |
95,278
-796,205
| -89% | -$3.57M |
|
595
VeriSign
VRSN
$26.2B
| $496K | ﹤0.01% |
2,575
+24
| +0.9% | +$4.51K |
|
596
Acadia Healthcare
ACHC
$2.76B
| $494K | ﹤0.01% |
14,880
-133,323
| -90% | -$4.18M |
|
597
Alcoa
AA
$11.9B
| $487K | ﹤0.01% |
22,623
-124,385
| -85% | -$2.57M |
|
598
State Street SPDR Portfolio Developed World ex-US ETF
SPDW
$40.3B
| $486K | ﹤0.01% |
+15,500
| New | +$472K |
|
599
iShares 5-10 Year Investment Grade Corporate Bond ETF
IGIB
$18.5B
| $484K | ﹤0.01% |
8,341
-1,050
| -11% | -$60.8K |
|
600
Vanguard High Dividend Yield ETF
VYM
$80.9B
| $479K | ﹤0.01% |
5,111
+2,701
| +112% | +$245K |
|
Similar funds
Fisher Asset Management's Q4 2019 Portfolio in Review
As of Q4 2019, Fisher Asset Management held 981 positions worth $99B, up 8.6% from $91.1B the previous quarter. Its ten largest holdings account for 28% of the portfolio.
Fisher Asset Management's Q4 2019 filing shows 78 new, 256 increased, 457 reduced and 83 closed positions. Its largest new stake was Enterprise Products Partners: 584,777 shares worth $16.5M. The largest sale was TSMC, an estimated $171M.
By sector, the portfolio is most concentrated in Technology at 21% of assets, up from 20% a quarter earlier, followed by Financials and Healthcare.
- Fisher Asset Management's largest Q4 2019 buy was Enterprise Products Partners: 584,777 shares worth $16.5M.
- Fisher Asset Management added most to Vanguard Intermediate-Term Corporate Bond ETF in Q4 2019, an estimated $274M increase.
- Fisher Asset Management's biggest Q4 2019 reduction was TSMC, cutting an estimated $171M.
- Fisher Asset Management fully exited Wright Medical Group Inc in Q4 2019, selling an estimated $61.9M.
- Fisher Asset Management's ten largest holdings make up 28% of its $99B portfolio in Q4 2019.
- Fisher Asset Management opened 78 new positions and closed 83 in Q4 2019.
- Fisher Asset Management's portfolio value rose 8.6% quarter-over-quarter to $99B.
Based on Fisher Asset Management's 13F filing for Q4 2019, filed 12 Feb 2020.