SEC 13F Intelligence

Managers / Q3 2020 · view latest →

Fisher Asset Management, LLC

CIK 0000850529 · 6500 INTERNATIONAL PARKWAY, PLANO, TX, 75093 · 650-851-3334

Reported Value
$114.3B
Q3 2020
Positions
940
Filings on Record
35
2019–present window
Filed
Nov 12, 2020
amendment (RESTATEMENT)

Summary

Fisher Asset Management, LLC reported $114.3B in U.S.-listed holdings across 940 positions for Q3 2020.

Its largest position, AAPL, represents 5.9% of the portfolio.

Compared with Q2 2020, the fund opened 100 new positions and exited 62.

Portfolio Metrics

Turnover
+2.5%
vs prior filed quarter
Top-10 Concentration
+33.9%
share of reported value
Largest Position
+5.9%
Apple
New / Exited
100 / 62
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $73.2BQ4 ’18Q1 ’19: $85.3BQ2 ’19: $90.5BQ3 ’19: $91.1BQ4 ’19: $99.0BQ4 ’19Q1 ’20: $80.6BQ2 ’20: $102.5BQ3 ’20: $114.3BQ4 ’20: $133.5BQ4 ’20Q1 ’21: $142.0BQ2 ’21: $159.3BQ3 ’21: $161.0BQ4 ’21: $178.6BQ4 ’21Q1 ’22: $169.5BQ2 ’22: $141.3BQ3 ’22: $133.4BQ1 ’23: $165MQ1 ’23Q2 ’23: $181MQ4 ’23: $203.1BQ1 ’24: $214.1BQ2 ’24: $229.9BQ2 ’24Q3 ’24: $244.0BQ4 ’24: $251.3BQ1 ’25: $231.0BQ2 ’25: $251.9BQ2 ’25Q3 ’25: $276.3BQ4 ’25: $293.0BQ1 ’26: $294.9Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 62.4%ADR: 24.3%ETP: 9.3%Other: 3.2%REIT: 0.8%Other: 0.0%
  • Common Stock · 62.4% · $71.3B
  • ADR · 24.3% · $27.7B
  • ETP · 9.3% · $10.6B
  • Other · 3.2% · $3.7B
  • REIT · 0.8% · $928M
  • Other · 0.0% · $13M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
IHPDINE BRANDS GLOBAL INCNEW+458.3K458.3K+$25M$25M
DENNDENNYS CORPNEW+2.39M2.39M+$24M$24M
KMTKENNAMETAL INCNEW+800.6K800.6K+$23M$23M
S7VSALLY BEAUTY HLDGS INCNEW+2.22M2.22M+$19M$19M
CAKECHEESECAKE FACTORY INCNEW+542.7K542.7K+$15M$15M
WSCWILLSCOT MOBIL MINI HLDNG CORPNEW+801.7K801.7K+$13M$13M
BJRIBJS RESTAURANTS INCNEW+371.3K371.3K+$11M$11M
ISHARES INC MSCI FRANCE ETFNEW+310.0K310.0K+$9M$9M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q3 2020

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLAPPLE INChistory →COM5.95%$6.8B58.69M
2AMZNAMAZON COM INC COMhistory →COM4.67%$5.3B1.69M
3MSFTMICROSOFT CORPhistory →COM4.12%$4.7B22.37M
4VVISA INChistory →COM3.77%$4.3B21.54M
5BABAALIBABA GROUP HLDG LTD ADRhistory →COM3.47%$4.0B13.50M
6VANGUARD FDS INT-TERM CORPCOM2.96%$3.4B35.25M
7CRMSALESFORCE COM INChistory →COM2.62%$3.0B11.89M
8ADBEADOBE INChistory →COM2.38%$2.7B5.54M
9GOOGLALPHABET INC CLASS Ahistory →COM2.03%$2.3B1.58M
10TSMTAIWAN SEMICONDUCTOR MFG L ADRhistory →COM1.95%$2.2B27.51M
11TCEHYTENCENT HLDGS LTD ADR ADRhistory →COM1.95%$2.2B33.68M
12PYPLPAYPAL HLDGS INChistory →COM1.75%$2.0B10.12M
13ISHARES TR IBOXX INV CP ETFCOM1.74%$2.0B14.76M
14HDHOME DEPOT INChistory →COM1.59%$1.8B6.56M
15NFLXNETFLIX INC COMhistory →COM1.55%$1.8B3.53M
16WMTWALMART INChistory →COM1.39%$1.6B11.33M
17INTCINTEL CORPhistory →COM1.28%$1.5B28.30M
18AXPAMERICAN EXPRESS COhistory →COM1.28%$1.5B14.60M
19ASML HOLDING N V NYSCOM1.18%$1.3B3.65M
20SAPSAP SE ADRhistory →COM1.11%$1.3B8.12M
21MAMASTERCARD INChistory →COM1.08%$1.2B3.66M
22COSTCOSTCO WHSL CORP NEWhistory →COM1.05%$1.2B3.39M
23DISDISNEY WALT COhistory →COM1.03%$1.2B9.50M
24METAFACEBOOK INChistory →COM0.99%$1.1B4.30M
25NVONOVO-NORDISK A S ADRhistory →COM0.95%$1.1B15.70M
26LVMUYLVMH MOET HENNESSY LOU VUI ADRhistory →COM0.95%$1.1B11.62M
27LRLCYL OREAL CO ADRhistory →COM0.85%$967M14.85M
28AZNNASTRAZENECA PLC ADRhistory →COM0.83%$950M17.34M
29SNYSANOFI ADRhistory →COM0.82%$934M18.62M
30CATCATERPILLAR INC DELhistory →COM0.78%$894M5.99M
31ISHARES TR MBS ETFCOM0.78%$889M8.05M
32SIEBSIEMENS A G ADRhistory →COM0.76%$870M13.75M
33NEENEXTERA ENERGY INChistory →COM0.76%$869M3.13M
34NKENIKE INChistory →COM0.74%$840M6.69M
35CSCOCISCO SYS INChistory →COM0.72%$826M20.97M
36ISRGINTUITIVE SURGICAL INChistory →COM0.72%$826M1.16M
37UNPUNION PAC CORPhistory →COM0.71%$816M4.15M
38ORCLORACLE CORPhistory →COM0.70%$800M13.39M
39NVSNNOVARTIS A G SPONSORED ADR ADRhistory →COM0.69%$788M9.06M
40ABTABBOTT LABShistory →COM0.68%$779M7.16M
41MRKMERCK& CO. INChistory →COM0.67%$770M9.28M
42UNHUNITEDHEALTH GROUP INChistory →COM0.67%$769M2.47M
43MMM3M COhistory →COM0.66%$751M4.69M
44AMDADVANCED MICRO DEVICES INChistory →COM0.63%$720M8.79M
45TMOTHERMO FISHER SCIENTIFIC INChistory →COM0.62%$713M1.61M
46RIORIO TINTO PLC ADRhistory →COM0.62%$712M11.79M
47LLYLILLY ELI& COhistory →COM0.61%$692M4.68M
48FCXFREEPORT-MCMORAN INChistory →COM0.55%$633M40.45M
49DHRDANAHER CORP DEL COMhistory →COM0.55%$630M2.92M
50SPDR PORTFOLIO SHORT TERM CORPCOM0.54%$619M19.73M

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$294.9B1,016May 5, 202613F-HRchanges · EDGAR ↗
Q4 2025$293.0B1,017Feb 9, 202613F-HRchanges · EDGAR ↗
Q3 2025$276.3B1,014Nov 12, 202513F-HRchanges · EDGAR ↗
Q2 2025$251.9B986Aug 13, 202513F-HRchanges · EDGAR ↗
Q1 2025$231.0B999May 14, 202513F-HRchanges · EDGAR ↗
Q4 2024$251.3B975Feb 5, 202513F-HRchanges · EDGAR ↗
Q3 2024$244.0B919Nov 12, 202413F-HRchanges · EDGAR ↗
Q2 2024$229.9B986Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$214.1B964May 9, 202413F-HRchanges · EDGAR ↗
Q4 2023$203.1B1,161Feb 6, 202413F-HRchanges · EDGAR ↗
Q3 2023under review1,168Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$181M1,169Aug 8, 202313F-HRchanges · EDGAR ↗
Q1 2023$165M1,144May 1, 202313F-HRchanges · EDGAR ↗
Q4 2022under review1,025Feb 3, 202313F-HRchanges · EDGAR ↗
Q3 2022$133.4B1,079Nov 8, 202213F-HRchanges · EDGAR ↗
Q2 2022$141.3B1,066Aug 9, 202213F-HRchanges · EDGAR ↗
Q1 2022$169.5B1,087May 5, 202213F-HRchanges · EDGAR ↗
Q4 2021$178.6B1,067Feb 2, 202213F-HRchanges · EDGAR ↗
Q3 2021$161.0B1,028Oct 26, 202113F-HRchanges · EDGAR ↗
Q2 2021$159.3B1,010Jul 27, 202113F-HRchanges · EDGAR ↗
Q1 2021$142.0B999Apr 27, 202113F-HRchanges · EDGAR ↗
Q4 2020$133.5B1,010Jan 29, 202113F-HRchanges · EDGAR ↗
Q3 2020$114.3B940Nov 12, 2020RESTATEMENTchanges · EDGAR ↗
Q2 2020$102.5B902Aug 7, 202013F-HRchanges · EDGAR ↗
Q1 2020$80.6B866Apr 28, 202013F-HRchanges · EDGAR ↗
Q4 2019$99.0B898Feb 12, 202013F-HRchanges · EDGAR ↗
Q3 2019$91.1B903Oct 29, 201913F-HRchanges · EDGAR ↗
Q2 2019$90.5B902Jul 30, 201913F-HRchanges · EDGAR ↗
Q1 2019$85.3B862Apr 22, 2019RESTATEMENTchanges · EDGAR ↗
Q4 2018$73.2B866Jan 25, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.