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 |
Alibaba
BABA
|
+$594M |
| 2 |
ING
ING
|
+$545M |
| 3 |
Banco Santander
SAN
|
+$503M |
| 4 |
Sumitomo Mitsui Financial Group, Inc American Depositary Shares (each representing 1.2 shares of Common Stock)
SMFG
|
+$364M |
| 5 |
Vodafone
VOD
|
+$314M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Wells Fargo
WFC
|
+$939M |
| 2 |
JPMorgan Chase
JPM
|
+$598M |
| 3 |
RTX Corp
RTX
|
+$579M |
| 4 |
Home Depot
HD
|
+$510M |
| 5 |
Qualcomm
QCOM
|
+$500M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 27.68% |
| 2 | Financials | 17.84% |
| 3 | Technology | 13.72% |
| 4 | Healthcare | 13.4% |
| 5 | Consumer Discretionary | 8.66% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
76
ASE Group
ASX
$103B
| $197M | 0.3% |
31,232,469
-137,028
| -0.4% | -$858K |
2013 Q2
16 quarters
|
|
|
TTM
77
DELISTED
Tata Motors Limited
TTM
| $194M | 0.29% |
5,879,288
-3,180,633
| -35% | -$111M |
2013 Q2
16 quarters
|
|
78
iShares MSCI Taiwan ETF
EWT
$11.6B
| $186M | 0.28% |
5,198,501
-331,723
| -6% | -$11.4M |
2015 Q1
9 quarters
|
|
|
PRXL
79
DELISTED
Parexel International Corp
PRXL
| $184M | 0.28% |
2,114,547
-45,761
| -2% | -$3.41M |
2013 Q2
16 quarters
|
|
80
East-West Bancorp
EWBC
$17.4B
| $150M | 0.23% |
2,561,885
-167,010
| -6% | -$9.19M |
2013 Q2
16 quarters
|
|
|
IRY
81
DELISTED
SPDR S&P International Health Care Sector
IRY
| $143M | 0.22% |
2,843,824
+2,812,352
| +8,936% | +$139M |
2016 Q4
2 quarters
|
|
82
Itaú Unibanco
ITUB
$104B
| $131M | 0.2% |
24,508,686
+1,406,027
| +6% | +$7.88M |
2017 Q1
1 quarter
|
|
83
Ambev
ABEV
$50.7B
| $129M | 0.19% |
23,462,620
+23,284
| +0.1% | +$133K |
2013 Q4
14 quarters
|
|
84
ScottsMiracle-Gro
SMG
$3.18B
| $126M | 0.19% |
1,405,234
-40,979
| -3% | -$3.69M |
2013 Q2
16 quarters
|
|
85
Steris
STE
$21.7B
| $122M | 0.18% |
1,493,966
-53,850
| -3% | -$4.09M |
2013 Q2
16 quarters
|
|
|
HRC
86
DELISTED
HILL-ROM HOLDINGS, INC.
HRC
| $121M | 0.18% |
1,524,876
-44,785
| -3% | -$3.38M |
2013 Q2
16 quarters
|
|
87
Toro Company
TTC
$9.52B
| $117M | 0.18% |
1,694,209
-45,335
| -3% | -$3.03M |
2013 Q2
16 quarters
|
|
88
ICICI Bank
IBN
$108B
| $117M | 0.18% |
13,032,554
+288,718
| +2% | +$2.44M |
2014 Q3
11 quarters
|
|
89
DELISTED
Barclays ETN+ FI Enhanced Europe 50 ETN Series B
FLEU
| $115M | 0.17% |
811,474
+335,904
| +71% | +$45.8M |
2016 Q4
2 quarters
|
|
90
Raymond James Financial
RJF
$30.2B
| $115M | 0.17% |
2,147,916
-56,315
| -3% | -$2.83M |
2013 Q2
16 quarters
|
|
91
Banco Bradesco
BBD
$44.3B
| $114M | 0.17% |
+23,573,720
| New | +$120M |
2017 Q2
0 quarters
|
|
92
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $113M | 0.17% |
2,044,636
-56,364
| -3% | -$3.11M |
2014 Q1
13 quarters
|
|
93
Capital One
COF
$124B
| $109M | 0.16% |
1,313,934
+1,957
| +0.1% | +$159K |
2016 Q2
4 quarters
|
|
94
NETSCOUT
NTCT
$2.77B
| $107M | 0.16% |
3,101,060
-65,383
| -2% | -$2.37M |
2014 Q4
10 quarters
|
|
95
West Pharmaceutical
WST
$27B
| $104M | 0.16% |
1,099,159
-25,050
| -2% | -$2.3M |
2013 Q2
16 quarters
|
|
96
Chemed
CHE
$6.7B
| $102M | 0.15% |
500,692
-11,932
| -2% | -$2.38M |
2014 Q3
11 quarters
|
|
|
FNSR
97
DELISTED
Finisar Corp
FNSR
| $102M | 0.15% |
3,932,232
-76,090
| -2% | -$1.89M |
2013 Q2
16 quarters
|
|
|
NUVA
98
DELISTED
NuVasive, Inc.
NUVA
| $102M | 0.15% |
1,321,423
-33,225
| -2% | -$2.48M |
2013 Q2
16 quarters
|
|
99
Lincoln Electric
LECO
$14.3B
| $98.7M | 0.15% |
1,072,063
+45,265
| +4% | +$4.07M |
2013 Q2
16 quarters
|
|
100
Morgan Stanley
MS
$284B
| $97.6M | 0.15% |
2,190,409
-14,748
| -0.7% | -$636K |
2013 Q2
16 quarters
|
|
Similar funds
Fisher Asset Management's Q2 2017 Portfolio in Review
As of Q2 2017, Fisher Asset Management held 877 positions worth $66.3B, up 6.2% from $62.4B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Fisher Asset Management's Q2 2017 filing shows 104 new, 361 increased, 246 reduced and 75 closed positions. Its largest new stake was Sumitomo Mitsui Financial Group, Inc American Depositary Shares (each representing 1.2 shares of Common Stock): 48,974,918 shares worth $385M. The largest sale was Wells Fargo, an estimated $939M.
By sector, the portfolio is most concentrated in Miscellaneous at 28% of assets, up from 22% a quarter earlier, followed by Financials and Technology.
- Fisher Asset Management's largest Q2 2017 buy was Sumitomo Mitsui Financial Group, Inc American Depositary Shares (each representing 1.2 shares of Common Stock): 48,974,918 shares worth $385M.
- Fisher Asset Management added most to Alibaba in Q2 2017, an estimated $594M increase.
- Fisher Asset Management's biggest Q2 2017 reduction was Wells Fargo, cutting an estimated $939M.
- Fisher Asset Management fully exited Janus Capital Group Inc in Q2 2017, selling an estimated $54.1M.
- Fisher Asset Management's ten largest holdings make up 23% of its $66.3B portfolio in Q2 2017.
- Fisher Asset Management opened 104 new positions and closed 75 in Q2 2017.
- Fisher Asset Management's portfolio value rose 6.2% quarter-over-quarter to $66.3B.
Based on Fisher Asset Management's 13F filing for Q2 2017, filed 13 Jul 2017.