Ken Fisher Fisher Asset Management
Ken Fisher is the founder and executive chairman of Fisher Investments, a global money management firm overseeing billions of dollars in assets. He gained early recognition for pioneering the use of the price-to-sales ratio in stock analysis and wrote the long-running “Portfolio Strategy” column in Forbes. Over the years, Fisher has authored numerous books on investing and wealth management, many of which have become bestsellers.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
FEEU
Barclays ETN+ FI Enhanced Europe 50 ETN
FEEU
|
+$518M |
| 2 |
Citigroup
C
|
+$271M |
| 3 |
Bank of America
BAC
|
+$254M |
| 4 |
RTX Corp
RTX
|
+$233M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
+$211M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Philip Morris
PM
|
+$507M |
| 2 |
British American Tobacco
BTI
|
+$298M |
| 3 |
Vodafone
VOD
|
+$272M |
| 4 |
ABV
COMPANHIA BEBIDA ADS EACH REPSTG 1 PFD SH
ABV
|
+$267M |
| 5 |
BHP
BHP
|
+$226M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.1% |
| 2 | Technology | 14.63% |
| 3 | Healthcare | 12.33% |
| 4 | Consumer Discretionary | 7.86% |
| 5 | Industrials | 6.1% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
Cincinnati Financial
CINF
$27.3B
| $9.83M | 0.02% |
208,445
+16,000
| +8% | +$764K |
|
|
BECN
227
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $9.81M | 0.02% |
266,125
+7,125
| +3% | +$272K |
|
228
Walmart Inc
WMT
$885B
| $9.68M | 0.02% |
392,547
-749,022
| -66% | -$18.9M |
|
229
Genpact
G
$5.96B
| $9.64M | 0.02% |
510,615
-10,625
| -2% | -$212K |
|
|
JNPR
230
DELISTED
Juniper Networks
JNPR
| $9.43M | 0.02% |
474,943
-25,405
| -5% | -$524K |
|
|
AVP
231
DELISTED
Avon Products, Inc.
AVP
| $9.38M | 0.02% |
455,239
-169,370
| -27% | -$3.63M |
|
232
M&T Bank
MTB
$35.7B
| $9.34M | 0.02% |
83,464
-2,325
| -3% | -$269K |
|
|
CBD
233
DELISTED
Companhia Brasileira de Distribuicao
CBD
| $9.32M | 0.02% |
202,475
-10,775
| -5% | -$473K |
|
|
NUVA
234
DELISTED
NuVasive, Inc.
NUVA
| $9.3M | 0.02% |
379,650
+2,750
| +0.7% | +$67.7K |
|
235
Harley-Davidson
HOG
$2.58B
| $8.96M | 0.02% |
139,438
+124
| +0.1% | +$7.34K |
|
236
Hain Celestial
HAIN
$45M
| $8.93M | 0.02% |
231,680
-48
| -0% | -$1.81K |
|
237
Unum
UNM
$13.6B
| $8.68M | 0.02% |
285,075
+13,150
| +5% | +$404K |
|
238
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$22.6B
| $8.67M | 0.02% |
286,032
+27,000
| +10% | +$801K |
|
239
Northern Trust
NTRS
$33.3B
| $8.64M | 0.02% |
158,860
+7,300
| +5% | +$419K |
|
240
CVS Health
CVS
$133B
| $8.36M | 0.02% |
147,239
-11,445
| -7% | -$682K |
|
|
CA
241
DELISTED
CA, Inc.
CA
| $8.35M | 0.02% |
281,571
+13,975
| +5% | +$419K |
|
242
Emergent Biosolutions
EBS
$373M
| $8.27M | 0.02% |
434,195
+40,600
| +10% | +$725K |
|
243
Valero Energy
VLO
$90.1B
| $8.2M | 0.02% |
240,064
+13,376
| +6% | +$473K |
|
244
Cooper Companies
COO
$14.1B
| $8.13M | 0.02% |
250,600
+21,600
| +9% | +$697K |
|
245
iShares Global Tech ETF
IXN
$8.32B
| $8.04M | 0.02% |
644,958
+72,024
| +13% | +$879K |
|
246
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23B
| $8.03M | 0.02% |
152,446
-19,978
| -12% | -$1.05M |
|
247
CF Industries
CF
$19.2B
| $7.93M | 0.02% |
188,160
-11,000
| -6% | -$421K |
|
248
OSI Systems
OSIS
$3.65B
| $7.88M | 0.02% |
106,010
| – | – |
|
|
LSI
249
DELISTED
LSI CORPORATION
LSI
| $7.83M | 0.02% |
1,000,591
+40,468
| +4% | +$310K |
|
|
RDS.A
250
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $7.59M | 0.02% |
115,555
+1,702
| +1% | +$111K |
|
Similar funds
Ken Fisher's Q3 2013 Portfolio in Review
As of Q3 2013, Ken Fisher held 585 positions worth $40.6B, up 5.4% from $38.5B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Ken Fisher's Q3 2013 filing shows 60 new, 219 increased, 193 reduced and 51 closed positions. Its largest new stake was Cadence Bank: 2,667,685 shares worth $53.2M. The largest sale was Philip Morris, an estimated $507M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, up from 16% a quarter earlier, followed by Technology and Healthcare.
- Ken Fisher's largest Q3 2013 buy was Cadence Bank: 2,667,685 shares worth $53.2M.
- Ken Fisher added most to Barclays ETN+ FI Enhanced Europe 50 ETN in Q3 2013, an estimated $518M increase.
- Ken Fisher's biggest Q3 2013 reduction was Philip Morris, cutting an estimated $507M.
- Ken Fisher fully exited SAKS INCORPORATED in Q3 2013, selling an estimated $75M.
- Ken Fisher's ten largest holdings make up 22% of its $40.6B portfolio in Q3 2013.
- Ken Fisher opened 60 new positions and closed 51 in Q3 2013.
- Ken Fisher's portfolio value rose 5.4% quarter-over-quarter to $40.6B.
Based on Fisher Asset Management's 13F filing for Q3 2013, filed 18 Oct 2013.