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 |
Adobe
ADBE
|
+$312M |
| 2 |
Salesforce
CRM
|
+$299M |
| 3 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$263M |
| 4 |
Netflix
NFLX
|
+$250M |
| 5 |
ConocoPhillips
COP
|
+$246M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PepsiCo
PEP
|
+$755M |
| 2 |
Procter & Gamble
PG
|
+$520M |
| 3 |
UN
Unilever NV New York Registry Shares
UN
|
+$179M |
| 4 |
Televisa
TV
|
+$119M |
| 5 |
Vanguard Industrials ETF
VIS
|
+$81M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.39% |
| 2 | Financials | 12.97% |
| 3 | Healthcare | 11.55% |
| 4 | Consumer Discretionary | 8.66% |
| 5 | Energy | 7.16% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
151
MKS Inc
MKSI
$20.1B
| $62.3M | 0.07% |
669,440
+17,489
| +3% | +$1.41M |
|
152
Lazard
LAZ
$4.13B
| $61.8M | 0.07% |
1,709,052
-13,046
| -0.8% | -$491K |
|
153
Occidental Petroleum
OXY
$56.8B
| $61.6M | 0.07% |
930,315
+279,996
| +43% | +$18.4M |
|
154
Blackrock
BLK
$169B
| $60.9M | 0.07% |
142,540
+9,317
| +7% | +$3.91M |
|
|
STMP
155
DELISTED
Stamps.com, Inc.
STMP
| $59.1M | 0.07% |
725,580
+674,430
| +1,319% | +$94.9M |
|
156
Goldman Sachs
GS
$300B
| $58.1M | 0.07% |
302,637
+8,119
| +3% | +$1.57M |
|
157
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$7.07B
| $57.5M | 0.07% |
532,821
-5,650
| -1% | -$598K |
|
158
Marvell Technology
MRVL
$168B
| $57.2M | 0.07% |
2,875,105
+996,208
| +53% | +$18.6M |
|
159
Oceaneering
OII
$4.86B
| $56.1M | 0.07% |
3,556,812
+468,877
| +15% | +$7.26M |
|
160
AbbVie
ABBV
$443B
| $55.8M | 0.07% |
692,460
-120,616
| -15% | -$9.87M |
|
|
UMPQ
161
DELISTED
Umpqua Holdings Corp
UMPQ
| $54.9M | 0.06% |
3,326,569
-228,319
| -6% | -$4.02M |
|
|
UN
162
DELISTED
Unilever NV New York Registry Shares
UN
| $53.9M | 0.06% |
925,254
-3,253,469
| -78% | -$179M |
|
163
HUB Group
HUBG
$2.85B
| $53.7M | 0.06% |
2,630,768
-223,922
| -8% | -$4.78M |
|
164
iShares MSCI Japan ETF
EWJ
$21.9B
| $53M | 0.06% |
967,978
-265,023
| -21% | -$14.3M |
|
165
ProPetro Holding
PUMP
$1.36B
| $52.5M | 0.06% |
2,330,929
+405,481
| +21% | +$7.26M |
|
166
Ecopetrol
EC
$34.5B
| $51.5M | 0.06% |
2,402,064
+72,378
| +3% | +$1.42M |
|
167
Regal Rexnord
RRX
$13.7B
| $50.4M | 0.06% |
615,739
-70,297
| -10% | -$5.55M |
|
168
State Street Health Care Select Sector SPDR ETF
XLV
$41.9B
| $50.3M | 0.06% |
548,083
+4,346
| +0.8% | +$392K |
|
|
BECN
169
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $50.2M | 0.06% |
1,560,989
-125,737
| -7% | -$4.4M |
|
|
MNDT
170
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $49.4M | 0.06% |
2,940,022
-286,306
| -9% | -$4.82M |
|
171
Texas Instruments
TXN
$252B
| $48.7M | 0.06% |
459,441
+20,740
| +5% | +$2.15M |
|
172
Mid-America Apartment Communities
MAA
$15.4B
| $47.5M | 0.06% |
434,818
-32,379
| -7% | -$3.33M |
|
|
CPE
173
DELISTED
Callon Petroleum Company
CPE
| $47M | 0.06% |
623,170
+331,544
| +114% | +$25.7M |
|
174
Diageo
DEO
$49B
| $46.6M | 0.05% |
284,883
-57,136
| -17% | -$8.72M |
|
175
RLJ Lodging Trust
RLJ
$1.86B
| $46.2M | 0.05% |
2,628,198
-152,489
| -5% | -$2.78M |
|
Similar funds
Fisher Asset Management's Q1 2019 Portfolio in Review
As of Q1 2019, Fisher Asset Management held 944 positions worth $85.3B, up 17% from $73.2B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Fisher Asset Management's Q1 2019 filing shows 78 new, 319 increased, 366 reduced and 82 closed positions. Its largest new stake was Hess: 2,044,909 shares worth $123M. The largest sale was PepsiCo, an estimated $755M.
By sector, the portfolio is most concentrated in Technology at 18% of assets, up from 17% a quarter earlier, followed by Financials and Healthcare.
- Fisher Asset Management's largest Q1 2019 buy was Hess: 2,044,909 shares worth $123M.
- Fisher Asset Management added most to Adobe in Q1 2019, an estimated $312M increase.
- Fisher Asset Management's biggest Q1 2019 reduction was PepsiCo, cutting an estimated $755M.
- Fisher Asset Management fully exited Televisa in Q1 2019, selling an estimated $119M.
- Fisher Asset Management's ten largest holdings make up 26% of its $85.3B portfolio in Q1 2019.
- Fisher Asset Management opened 78 new positions and closed 82 in Q1 2019.
- Fisher Asset Management's portfolio value rose 17% quarter-over-quarter to $85.3B.
Based on Fisher Asset Management's 13F filing for Q1 2019, filed 22 Apr 2019.