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 | |
|---|---|---|---|---|---|---|---|
|
CLGX
101
DELISTED
Corelogic, Inc.
CLGX
| $95.7M | 0.14% |
2,207,100
-51,552
| -2% | -$2.18M |
2015 Q4
6 quarters
|
|
102
DELISTED
Webster Financial
WBS
| $95.1M | 0.14% |
1,821,435
-579,648
| -24% | -$29.3M |
2013 Q2
16 quarters
|
|
103
Littelfuse
LFUS
$9.67B
| $95M | 0.14% |
575,531
-11,930
| -2% | -$1.92M |
2013 Q2
16 quarters
|
|
104
Wintrust Financial
WTFC
$9.72B
| $94.2M | 0.14% |
1,232,677
-32,560
| -3% | -$2.33M |
2013 Q3
15 quarters
|
|
105
Stifel
SF
$10.2B
| $94.2M | 0.14% |
4,609,523
-103,651
| -2% | -$2.13M |
2013 Q2
16 quarters
|
|
106
Pegasystems
PEGA
$5.68B
| $93.7M | 0.14% |
3,210,092
-63,280
| -2% | -$1.67M |
2013 Q2
16 quarters
|
|
107
DELISTED
Verint Systems
VRNT
| $86.6M | 0.13% |
4,175,381
+118,319
| +3% | +$2.44M |
2015 Q1
9 quarters
|
|
108
Petrobras
PBR
$168B
| $86.1M | 0.13% |
10,779,106
-17,746
| -0.2% | -$158K |
2013 Q2
16 quarters
|
|
109
Ingredion
INGR
$6.18B
| $84.8M | 0.13% |
711,717
-18,926
| -3% | -$2.25M |
2013 Q2
16 quarters
|
|
110
HEICO Corp
HEI
$43.3B
| $84.1M | 0.13% |
2,286,059
-81,790
| -3% | -$3.01M |
2014 Q1
13 quarters
|
|
111
KB Home
KBH
$2.63B
| $83.6M | 0.13% |
3,487,246
-76,625
| -2% | -$1.62M |
2015 Q2
8 quarters
|
|
|
DST
112
DELISTED
DST Systems Inc.
DST
| $83.2M | 0.13% |
1,347,820
-26,938
| -2% | -$1.64M |
2016 Q2
4 quarters
|
|
113
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $82M | 0.12% |
1,673,450
-34,415
| -2% | -$1.69M |
2013 Q2
16 quarters
|
|
114
Pool Corp
POOL
$6.27B
| $80.2M | 0.12% |
682,073
-22,408
| -3% | -$2.69M |
2013 Q2
16 quarters
|
|
115
Vishay Intertechnology
VSH
$4.25B
| $80M | 0.12% |
4,820,957
-97,450
| -2% | -$1.6M |
2013 Q2
16 quarters
|
|
116
Cemex
CX
$14.8B
| $79M | 0.12% |
8,385,379
-1,485
| -0% | -$13.1K |
2013 Q2
16 quarters
|
|
|
KSU
117
DELISTED
Kansas City Southern
KSU
| $79M | 0.12% |
754,495
+56,317
| +8% | +$5.28M |
2013 Q2
16 quarters
|
|
|
CAA
118
DELISTED
CalAtlantic Group, Inc.
CAA
| $78.2M | 0.12% |
2,213,126
+5,010
| +0.2% | +$182K |
2013 Q2
16 quarters
|
|
119
Prestige Consumer Healthcare
PBH
$2.36B
| $78M | 0.12% |
1,477,535
-22,423
| -1% | -$1.2M |
2013 Q2
16 quarters
|
|
120
Smith & Nephew
SNN
$12.2B
| $77.8M | 0.12% |
2,232,591
-22,707
| -1% | -$769K |
2013 Q2
16 quarters
|
|
121
Henry Schein
HSIC
$9.63B
| $77.5M | 0.12% |
1,079,846
-32,691
| -3% | -$2.28M |
2013 Q2
16 quarters
|
|
122
Helen of Troy
HELE
$678M
| $75.3M | 0.11% |
800,459
-19,190
| -2% | -$1.79M |
2016 Q1
5 quarters
|
|
123
Yelp
YELP
$1.08B
| $73.8M | 0.11% |
2,459,293
+2,134,942
| +658% | +$66.6M |
2015 Q2
8 quarters
|
|
124
Meritage Homes
MTH
$3.86B
| $72.6M | 0.11% |
3,439,894
+24,750
| +0.7% | +$491K |
2013 Q3
15 quarters
|
|
|
DFT
125
DELISTED
DuPont Fabros Technology Inc.
DFT
| $72.5M | 0.11% |
1,184,808
-43,065
| -4% | -$2.37M |
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.