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 |
BAY
BAYER AG SPONS ADR
BAY
|
+$535M |
| 2 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$124M |
| 3 |
Banco Bradesco
BBD
|
+$98.1M |
| 4 |
Itaú Unibanco
ITUB
|
+$94.1M |
| 5 |
FIHD
UBS AG FI Enhanced Global High Yield ETN
FIHD
|
+$80.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PRXL
Parexel International Corp
PRXL
|
+$184M |
| 2 |
IRY
SPDR S&P International Health Care Sector
IRY
|
+$143M |
| 3 |
DFT
DuPont Fabros Technology Inc.
DFT
|
+$72.5M |
| 4 |
PNC Financial Services
PNC
|
+$31M |
| 5 |
HDFC Bank
HDB
|
+$26.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.92% |
| 2 | Technology | 13.57% |
| 3 | Healthcare | 12.73% |
| 4 | Consumer Discretionary | 8.41% |
| 5 | Communication Services | 6.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
NNN REIT
NNN
$9.16B
| $22.8M | 0.03% |
546,388
-215,905
| -28% | -$8.82M |
|
|
MINI
227
DELISTED
Mobile Mini Inc
MINI
| $22.5M | 0.03% |
651,964
-15,083
| -2% | -$463K |
|
228
Wipro
WIT
$19.3B
| $22.5M | 0.03% |
10,540,912
+14,800
| +0.1% | +$32.4K |
|
229
Verizon
VZ
$193B
| $22.2M | 0.03% |
448,319
-127
| -0% | -$5.97K |
|
|
ESRX
230
DELISTED
Express Scripts Holding Company
ESRX
| $22.1M | 0.03% |
349,564
+10,479
| +3% | +$651K |
|
|
NTUS
231
DELISTED
Natus Medical Inc
NTUS
| $22.1M | 0.03% |
589,234
+935
| +0.2% | +$33K |
|
232
Toll Brothers
TOL
$14B
| $22.1M | 0.03% |
532,545
+3,584
| +0.7% | +$141K |
|
233
UFP Industries
UFPI
$4.87B
| $21.6M | 0.03% |
660,597
+9,633
| +1% | +$278K |
|
234
CVS Health
CVS
$134B
| $21.2M | 0.03% |
261,022
+1,344
| +0.5% | +$106K |
|
235
COPT Defense Properties
CDP
$4.35B
| $20.5M | 0.03% |
623,750
-4,300
| -0.7% | -$144K |
|
236
IPG Photonics
IPGP
$3.6B
| $20.1M | 0.03% |
108,792
-4,236
| -4% | -$704K |
|
237
Live Nation Entertainment
LYV
$42.7B
| $19.8M | 0.03% |
453,765
+34,434
| +8% | +$1.34M |
|
238
Dana Inc
DAN
$2.91B
| $19.6M | 0.03% |
701,894
-2,733
| -0.4% | -$66.3K |
|
239
Rockwell Automation
ROK
$52.4B
| $19.6M | 0.03% |
109,711
-2,399
| -2% | -$399K |
|
240
iShares 1-3 Year Treasury Bond ETF
SHY
$25.5B
| $19.3M | 0.03% |
228,649
+2,278
| +1% | +$193K |
|
241
Helmerich & Payne
HP
$3.37B
| $19M | 0.03% |
364,837
-3,380
| -0.9% | -$167K |
|
242
Honeywell
HON
$76.7B
| $19M | 0.03% |
148,439
-17,582
| -11% | -$2.18M |
|
|
ESL
243
DELISTED
Esterline Technologies
ESL
| $18.7M | 0.03% |
+207,178
| New | +$18.7M |
|
244
Fidelity National Information Services
FIS
$23.8B
| $18.5M | 0.03% |
198,311
-3,577
| -2% | -$325K |
|
245
Abbott
ABT
$183B
| $18.5M | 0.03% |
346,505
+3,095
| +0.9% | +$155K |
|
|
EPAY
246
DELISTED
Bottomline Technologies Inc
EPAY
| $18.3M | 0.03% |
575,127
+41,731
| +8% | +$1.22M |
|
247
Colgate-Palmolive
CL
$73.3B
| $17.9M | 0.03% |
245,596
+8,797
| +4% | +$634K |
|
248
Union Pacific
UNP
$172B
| $17.8M | 0.03% |
153,785
-20,772
| -12% | -$2.23M |
|
249
Extra Space Storage
EXR
$31.3B
| $17.6M | 0.02% |
219,985
-107,900
| -33% | -$8.4M |
|
250
Emergent Biosolutions
EBS
$375M
| $17.5M | 0.02% |
432,680
+35,345
| +9% | +$1.28M |
|
Similar funds
Ken Fisher's Q3 2017 Portfolio in Review
As of Q3 2017, Ken Fisher held 922 positions worth $71.3B, up 7.5% from $66.3B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Fisher's Q3 2017 filing shows 120 new, 343 increased, 284 reduced and 79 closed positions. Its largest new stake was Coresite Realty Corporation: 286,849 shares worth $32.1M. The largest sale was Parexel International Corp, an estimated $184M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, up from 18% a quarter earlier, followed by Technology and Healthcare.
- Ken Fisher's largest Q3 2017 buy was Coresite Realty Corporation: 286,849 shares worth $32.1M.
- Ken Fisher added most to BAYER AG SPONS ADR in Q3 2017, an estimated $535M increase.
- Ken Fisher's biggest Q3 2017 reduction was PNC Financial Services, cutting an estimated $31M.
- Ken Fisher fully exited Parexel International Corp in Q3 2017, selling an estimated $184M.
- Ken Fisher's ten largest holdings make up 23% of its $71.3B portfolio in Q3 2017.
- Ken Fisher opened 120 new positions and closed 79 in Q3 2017.
- Ken Fisher's portfolio value rose 7.5% quarter-over-quarter to $71.3B.
Based on Fisher Asset Management's 13F filing for Q3 2017, filed 17 Oct 2017.