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 |
FIYY
Barclays ETN+ FI Enhanced Global High Yield ETN Series B
FIYY
|
+$1.49B |
| 2 |
FFEU
Barclays ETN+ FI Enhanced Europe 50 ETN Series C
FFEU
|
+$423M |
| 3 |
SLB Ltd
SLB
|
+$408M |
| 4 |
RDS.A
Royal Dutch Shell PLC ADS Class A
RDS.A
|
+$340M |
| 5 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$180M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FIGY
Barclays ETN+ FI Enhanced Global High Yield ETN
FIGY
|
+$1.59B |
| 2 |
FEEU
Barclays ETN+ FI Enhanced Europe 50 ETN
FEEU
|
+$464M |
| 3 |
Citigroup
C
|
+$340M |
| 4 |
American Express
AXP
|
+$206M |
| 5 |
CAA
CalAtlantic Group, Inc.
CAA
|
+$123M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16.58% |
| 2 | Technology | 14.9% |
| 3 | Healthcare | 12.05% |
| 4 | Consumer Discretionary | 9.38% |
| 5 | Consumer Staples | 5.59% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
LUX
176
DELISTED
Luxottica Group
LUX
| $46.5M | 0.06% |
748,003
-65,069
| -8% | -$4.04M |
|
177
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
$10.4B
| $46.3M | 0.06% |
1,532,959
+44,182
| +3% | +$1.34M |
|
178
Prestige Consumer Healthcare
PBH
$2.38B
| $46.1M | 0.06% |
1,365,876
-113,466
| -8% | -$4.35M |
|
179
AAR Corp
AIR
$5.59B
| $44.2M | 0.06% |
1,002,891
-41,361
| -4% | -$1.72M |
|
180
Mid-America Apartment Communities
MAA
$15.4B
| $43.5M | 0.06% |
477,246
-8,456
| -2% | -$765K |
|
181
Texas Instruments
TXN
$252B
| $43.3M | 0.06% |
416,526
+98,728
| +31% | +$10.7M |
|
182
Plexus
PLXS
$6.72B
| $43.1M | 0.06% |
721,723
+21,993
| +3% | +$1.35M |
|
183
State Street Health Care Select Sector SPDR ETF
XLV
$41.9B
| $43M | 0.06% |
528,205
+31,269
| +6% | +$2.66M |
|
184
Nomura Holdings
NMR
$28.3B
| $42.4M | 0.06% |
7,243,383
-865,201
| -11% | -$5.36M |
|
185
PayPal
PYPL
$48.9B
| $42.2M | 0.06% |
555,976
+132,292
| +31% | +$10.5M |
|
186
MSC Industrial Direct
MSM
$6.89B
| $41.9M | 0.06% |
457,350
-139,429
| -23% | -$12.9M |
|
187
Glacier Bancorp
GBCI
$6.42B
| $41.7M | 0.06% |
1,085,870
-628,736
| -37% | -$24.8M |
|
188
Darling Ingredients
DAR
$9.64B
| $41.2M | 0.05% |
2,379,328
+67,836
| +3% | +$1.23M |
|
189
Qualcomm
QCOM
$155B
| $41.1M | 0.05% |
741,544
+146,152
| +25% | +$9.31M |
|
|
NEX
190
DELISTED
NexTier Oilfield Solutions Inc.
NEX
| $40.7M | 0.05% |
+2,748,825
| New | +$45M |
|
191
Charles River Laboratories
CRL
$11.2B
| $40.4M | 0.05% |
378,620
-57,408
| -13% | -$6.19M |
|
192
iShares Global Tech ETF
IXN
$8.32B
| $40M | 0.05% |
1,516,050
+319,986
| +27% | +$8.62M |
|
193
Gilead Sciences
GILD
$162B
| $39.8M | 0.05% |
528,459
+85,685
| +19% | +$6.81M |
|
194
Revvity
RVTY
$12.6B
| $39.6M | 0.05% |
522,528
-30,527
| -6% | -$2.36M |
|
195
Vanguard FTSE Developed Markets ETF
VEA
$229B
| $39.2M | 0.05% |
886,280
+183,424
| +26% | +$8.32M |
|
196
CONMED
CNMD
$1.39B
| $38.6M | 0.05% |
609,267
-6,611
| -1% | -$395K |
|
|
WDR
197
DELISTED
Waddell & Reed Financial, Inc.
WDR
| $37.8M | 0.05% |
1,872,731
-56,867
| -3% | -$1.2M |
|
198
Range Resources
RRC
$9.38B
| $37M | 0.05% |
+2,543,188
| New | +$38M |
|
199
Bristol-Myers Squibb
BMY
$133B
| $36.5M | 0.05% |
577,081
-5,132
| -0.9% | -$330K |
|
|
MNDT
200
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $35.6M | 0.05% |
2,101,812
-1,484
| -0.1% | -$23.9K |
|
Similar funds
Fisher Asset Management's Q1 2018 Portfolio in Review
As of Q1 2018, Fisher Asset Management held 991 positions worth $75.4B, down 1.5% from $76.6B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Fisher Asset Management's Q1 2018 filing shows 69 new, 261 increased, 401 reduced and 162 closed positions. Its largest new stake was Barclays ETN+ FI Enhanced Global High Yield ETN Series B: 15,406,823 shares worth $1.49B. The largest sale was Barclays ETN+ FI Enhanced Global High Yield ETN, an estimated $1.59B.
By sector, the portfolio is most concentrated in Financials at 17% of assets, down from 17% a quarter earlier, followed by Technology and Healthcare.
- Fisher Asset Management's largest Q1 2018 buy was Barclays ETN+ FI Enhanced Global High Yield ETN Series B: 15,406,823 shares worth $1.49B.
- Fisher Asset Management added most to SLB Ltd in Q1 2018, an estimated $408M increase.
- Fisher Asset Management's biggest Q1 2018 reduction was Barclays ETN+ FI Enhanced Global High Yield ETN, cutting an estimated $1.59B.
- Fisher Asset Management fully exited CalAtlantic Group, Inc. in Q1 2018, selling an estimated $123M.
- Fisher Asset Management's ten largest holdings make up 26% of its $75.4B portfolio in Q1 2018.
- Fisher Asset Management opened 69 new positions and closed 162 in Q1 2018.
- Fisher Asset Management's portfolio value fell 1.5% quarter-over-quarter to $75.4B.
Based on Fisher Asset Management's 13F filing for Q1 2018, filed 19 Apr 2018.