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 |
Caterpillar
CAT
|
+$675M |
| 2 |
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
|
+$559M |
| 3 |
PayPal
PYPL
|
+$417M |
| 4 |
Netflix
NFLX
|
+$408M |
| 5 |
Alibaba
BABA
|
+$328M |
Top Sells
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.01% |
| 2 | Financials | 13.51% |
| 3 | Healthcare | 10.94% |
| 4 | Consumer Discretionary | 8.78% |
| 5 | Energy | 6.2% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
Ecopetrol
EC
$34.5B
| $36.7M | 0.04% |
2,154,729
-190,580
| -8% | -$3.3M |
|
|
MZTI
202
The Marzetti Company
MZTI
$2.93B
| $36.6M | 0.04% |
263,689
-1,440
| -0.5% | -$214K |
|
203
Idacorp
IDA
$8.27B
| $36M | 0.04% |
319,690
-9,805
| -3% | -$1.04M |
|
204
CONMED
CNMD
$1.39B
| $35.1M | 0.04% |
364,944
-142,878
| -28% | -$13.4M |
|
205
Emergent Biosolutions
EBS
$373M
| $34.6M | 0.04% |
661,571
+3,614
| +0.5% | +$168K |
|
206
Qualcomm
QCOM
$155B
| $34M | 0.04% |
446,026
+7,014
| +2% | +$528K |
|
207
Abbott
ABT
$183B
| $33.4M | 0.04% |
399,325
-947
| -0.2% | -$80.5K |
|
208
Progress Software
PRGS
$1.66B
| $33.1M | 0.04% |
868,508
+15,325
| +2% | +$616K |
|
209
Rockwell Automation
ROK
$53.4B
| $32.6M | 0.04% |
197,563
+100,096
| +103% | +$15.8M |
|
210
Amgen
AMGN
$208B
| $32.3M | 0.04% |
167,087
+3,494
| +2% | +$671K |
|
211
ServiceNow
NOW
$115B
| $31.9M | 0.04% |
627,845
+546,420
| +671% | +$29.7M |
|
212
AbbVie
ABBV
$443B
| $31.8M | 0.03% |
420,098
-3,778
| -0.9% | -$259K |
|
213
Global Payments
GPN
$23B
| $31.7M | 0.03% |
+199,149
| New | +$32.5M |
|
214
Diamondback Energy
FANG
$57.1B
| $31.3M | 0.03% |
347,633
+3,439
| +1% | +$342K |
|
|
JHG
215
DELISTED
Janus Henderson
JHG
| $30.3M | 0.03% |
1,348,841
-34,314
| -2% | -$713K |
|
216
Onto Innovation
ONTO
$12.9B
| $30.2M | 0.03% |
926,889
-15,948
| -2% | -$497K |
|
|
CADE
217
DELISTED
Cadence Bank
CADE
| $30.1M | 0.03% |
1,016,900
-14,621
| -1% | -$417K |
|
218
Omnicell
OMCL
$1.61B
| $30.1M | 0.03% |
416,355
-5,110
| -1% | -$375K |
|
219
Haemonetics
HAE
$3.89B
| $30M | 0.03% |
237,788
+2,482
| +1% | +$315K |
|
|
WDR
220
DELISTED
Waddell & Reed Financial, Inc.
WDR
| $30M | 0.03% |
1,743,707
-3,587
| -0.2% | -$60.1K |
|
|
COR
221
DELISTED
Coresite Realty Corporation
COR
| $29.9M | 0.03% |
245,087
-7,294
| -3% | -$835K |
|
222
Wintrust Financial
WTFC
$10.8B
| $29.8M | 0.03% |
461,748
-3,806
| -0.8% | -$252K |
|
223
Teradyne
TER
$57.6B
| $29.3M | 0.03% |
506,289
+25,097
| +5% | +$1.33M |
|
224
Prestige Consumer Healthcare
PBH
$2.38B
| $28.9M | 0.03% |
834,321
-244,780
| -23% | -$8.06M |
|
225
Biogen
BIIB
$30B
| $28.9M | 0.03% |
123,982
+4,012
| +3% | +$934K |
|
Similar funds
Fisher Asset Management's Q3 2019 Portfolio in Review
As of Q3 2019, Fisher Asset Management held 980 positions worth $91.1B, up 0.75% from $90.5B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Fisher Asset Management's Q3 2019 filing shows 78 new, 345 increased, 343 reduced and 77 closed positions. Its largest new stake was Global Payments: 199,149 shares worth $31.7M. The largest sale was Barclays ETN+ FI Enhanced Europe 50 ETN Series C, an estimated $881M.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 19% a quarter earlier, followed by Financials and Healthcare.
- Fisher Asset Management's largest Q3 2019 buy was Global Payments: 199,149 shares worth $31.7M.
- Fisher Asset Management added most to Caterpillar in Q3 2019, an estimated $675M increase.
- Fisher Asset Management's biggest Q3 2019 reduction was Barclays ETN+ FI Enhanced Europe 50 ETN Series C, cutting an estimated $881M.
- Fisher Asset Management fully exited Tableau Software, Inc. in Q3 2019, selling an estimated $53.8M.
- Fisher Asset Management's ten largest holdings make up 26% of its $91.1B portfolio in Q3 2019.
- Fisher Asset Management opened 78 new positions and closed 77 in Q3 2019.
- Fisher Asset Management's portfolio value rose 0.75% quarter-over-quarter to $91.1B.
Based on Fisher Asset Management's 13F filing for Q3 2019, filed 29 Oct 2019.