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 |
FIHD
UBS AG FI Enhanced Global High Yield ETN
FIHD
|
+$353M |
| 2 |
Televisa
TV
|
+$92.4M |
| 3 |
FLGE
Credit Suisse FI Large Cap Growth Enhanced Exchange Traded Notes
FLGE
|
+$38.2M |
| 4 |
DST
DST Systems Inc.
DST
|
+$36.8M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$27M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FIEG
FI Enhanced Global High Yield Exchange Traded Notes
FIEG
|
+$315M |
| 2 |
CAB
Cabela's Inc
CAB
|
+$56.7M |
| 3 |
NXP Semiconductors
NXPI
|
+$48.7M |
| 4 |
TSMC
TSM
|
+$24.7M |
| 5 |
FIGY
Barclays ETN+ FI Enhanced Global High Yield ETN
FIGY
|
+$23.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.9% |
| 2 | Technology | 14.05% |
| 3 | Healthcare | 12.4% |
| 4 | Consumer Discretionary | 7.69% |
| 5 | Industrials | 6.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
176
Invesco QQQ Trust
QQQ
$436B
| $36.8M | 0.06% |
310,381
+25,720
| +9% | +$3.03M |
|
|
WDR
177
DELISTED
Waddell & Reed Financial, Inc.
WDR
| $36.6M | 0.06% |
1,877,514
-62,170
| -3% | -$1.16M |
|
178
NNN REIT
NNN
$9.29B
| $36.4M | 0.06% |
823,161
-42,895
| -5% | -$1.89M |
|
179
AAR Corp
AIR
$5.4B
| $36M | 0.06% |
1,090,264
-27,435
| -2% | -$945K |
|
|
FRC
180
DELISTED
First Republic Bank
FRC
| $34.9M | 0.06% |
378,345
-11,492
| -3% | -$938K |
|
181
Revvity
RVTY
$12.6B
| $34.8M | 0.06% |
666,941
-30,755
| -4% | -$1.61M |
|
182
Capitol Federal Financial
CFFN
$1.09B
| $34.4M | 0.06% |
2,088,689
-147,278
| -7% | -$2.26M |
|
|
EDR
183
DELISTED
Education Realty Trust Inc
EDR
| $34.3M | 0.06% |
811,222
-20,408
| -2% | -$836K |
|
184
United Natural Foods
UNFI
$3.04B
| $34.2M | 0.06% |
717,011
-24,188
| -3% | -$1.09M |
|
185
Acadia Realty Trust
AKR
$3.11B
| $33.8M | 0.06% |
1,033,784
-30,290
| -3% | -$1.01M |
|
186
United Parcel Service
UPS
$88.9B
| $33.6M | 0.06% |
292,752
+6,263
| +2% | +$706K |
|
187
Gilead Sciences
GILD
$165B
| $32.6M | 0.06% |
455,496
+10,967
| +2% | +$815K |
|
188
Invesco S&P 500 Top 50 ETF
XLG
$10.2B
| $31.9M | 0.06% |
2,023,480
+177,130
| +10% | +$2.72M |
|
189
Idacorp
IDA
$8B
| $31.7M | 0.06% |
393,562
-148,025
| -27% | -$11.4M |
|
190
Mastercard
MA
$498B
| $31.6M | 0.06% |
305,894
+9,970
| +3% | +$1.03M |
|
191
iShares National Muni Bond ETF
MUB
$45.2B
| $31M | 0.05% |
286,785
+104,186
| +57% | +$11.4M |
|
192
Helmerich & Payne
HP
$3.34B
| $30.2M | 0.05% |
389,983
-6,966
| -2% | -$495K |
|
193
Meta Platforms (Facebook)
META
$1.49T
| $29.4M | 0.05% |
255,638
+17,539
| +7% | +$2.15M |
|
194
Biogen
BIIB
$30.9B
| $28.9M | 0.05% |
101,887
+1,169
| +1% | +$347K |
|
195
Blackrock
BLK
$167B
| $28.7M | 0.05% |
75,491
+3,430
| +5% | +$1.26M |
|
196
Progress Software
PRGS
$1.75B
| $28.7M | 0.05% |
899,586
-3,725
| -0.4% | -$108K |
|
197
Extra Space Storage
EXR
$32.3B
| $28.4M | 0.05% |
367,361
-38,163
| -9% | -$2.81M |
|
198
CONMED
CNMD
$1.3B
| $27.9M | 0.05% |
632,386
-963
| -0.2% | -$40.9K |
|
199
BP
BP
$112B
| $27.5M | 0.05% |
857,814
-14,134
| -2% | -$425K |
|
200
State Street Health Care Select Sector SPDR ETF
XLV
$42.9B
| $27.1M | 0.05% |
393,127
+51,913
| +15% | +$3.6M |
|
Similar funds
Fisher Asset Management's Q4 2016 Portfolio in Review
As of Q4 2016, Fisher Asset Management held 837 positions worth $57.4B, up 2% from $56.3B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Fisher Asset Management's Q4 2016 filing shows 61 new, 208 increased, 401 reduced and 54 closed positions. Its largest new stake was Barclays ETN+ FI Enhanced Europe 50 ETN Series B: 174,286 shares worth $18.7M. The largest sale was FI Enhanced Global High Yield Exchange Traded Notes, an estimated $315M.
By sector, the portfolio is most concentrated in Financials at 20% of assets, up from 17% a quarter earlier, followed by Technology and Healthcare.
- Fisher Asset Management's largest Q4 2016 buy was Barclays ETN+ FI Enhanced Europe 50 ETN Series B: 174,286 shares worth $18.7M.
- Fisher Asset Management added most to UBS AG FI Enhanced Global High Yield ETN in Q4 2016, an estimated $353M increase.
- Fisher Asset Management's biggest Q4 2016 reduction was FI Enhanced Global High Yield Exchange Traded Notes, cutting an estimated $315M.
- Fisher Asset Management fully exited Cabela's Inc in Q4 2016, selling an estimated $56.7M.
- Fisher Asset Management's ten largest holdings make up 22% of its $57.4B portfolio in Q4 2016.
- Fisher Asset Management opened 61 new positions and closed 54 in Q4 2016.
- Fisher Asset Management's portfolio value rose 2% quarter-over-quarter to $57.4B.
Based on Fisher Asset Management's 13F filing for Q4 2016, filed 10 Jan 2017.