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 | |
|---|---|---|---|---|---|---|
651
Texas Pacific Land
TPL
$27.9B
| $330K | ﹤0.01% |
4,572
-270
| -6% | -$21K |
|
652
iShares Russell 1000 Value ETF
IWD
$82.6B
| $328K | ﹤0.01% |
+2,559
| New | +$325K |
|
653
S&P Global
SPGI
$123B
| $324K | ﹤0.01% |
1,324
+171
| +15% | +$42.7K |
|
654
Sherwin-Williams
SHW
$85.8B
| $323K | ﹤0.01% |
+1,761
| New | +$300K |
|
655
Genuine Parts
GPC
$17.7B
| $322K | ﹤0.01% |
3,228
-446
| -12% | -$42.8K |
|
656
Dow Inc
DOW
$21.6B
| $319K | ﹤0.01% |
6,697
-1,163
| -15% | -$54.4K |
|
657
Brookfield
BN
$107B
| $318K | ﹤0.01% |
16,811
-50
| -0.3% | -$905 |
|
|
THER
658
DELISTED
THERATECHNOLOGIES INC COM
THER
| $318K | ﹤0.01% |
73,583
| – | – |
|
659
iShares S&P 100 ETF
OEF
$20.1B
| $310K | ﹤0.01% |
2,361
-882
| -27% | -$115K |
|
660
iShares Core S&P Mid-Cap ETF
IJH
$124B
| $309K | ﹤0.01% |
7,985
-425
| -5% | -$16.3K |
|
661
Vodafone
VOD
$35.9B
| $307K | ﹤0.01% |
15,438
-7,399
| -32% | -$134K |
|
662
NextEra Energy
NEE
$180B
| $301K | ﹤0.01% |
5,168
-2,100
| -29% | -$114K |
|
|
NSA
663
DELISTED
National Storage Affiliates Trust
NSA
| $296K | ﹤0.01% |
8,878
| – | – |
|
664
Waste Management
WM
$90.5B
| $294K | ﹤0.01% |
2,558
-1,691
| -40% | -$197K |
|
665
Vanguard Total Bond Market
BND
$157B
| $288K | ﹤0.01% |
+3,411
| New | +$286K |
|
666
Travelers Companies
TRV
$77.9B
| $288K | ﹤0.01% |
1,937
+9
| +0.5% | +$1.34K |
|
667
Schwab US Broad Market ETF
SCHB
$43.9B
| $286K | ﹤0.01% |
+24,132
| New | +$285K |
|
|
SGEN
668
DELISTED
Seagen Inc. Common Stock
SGEN
| $282K | ﹤0.01% |
3,300
-71
| -2% | -$5.21K |
|
669
Delta Air Lines
DAL
$60.2B
| $279K | ﹤0.01% |
4,840
+1,103
| +30% | +$65.3K |
|
670
Public Service Enterprise Group
PEG
$38.1B
| $277K | ﹤0.01% |
4,462
-170
| -4% | -$10.2K |
|
|
MRSH
671
Marsh
MRSH
$92.1B
| $271K | ﹤0.01% |
+2,708
| New | +$271K |
|
672
Analog Devices
ADI
$176B
| $270K | ﹤0.01% |
2,419
+311
| +15% | +$35.2K |
|
673
Emerson Electric
EMR
$86.6B
| $261K | ﹤0.01% |
3,908
-3,718
| -49% | -$234K |
|
674
Lincoln National
LNC
$8.83B
| $261K | ﹤0.01% |
+4,329
| New | +$259K |
|
675
American Tower
AMT
$80.5B
| $259K | ﹤0.01% |
+1,170
| New | +$255K |
|
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.