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 |
TotalEnergies
TTE
|
+$988M |
| 2 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$354M |
| 3 |
BP
BP
|
+$285M |
| 4 |
Freeport-McMoran
FCX
|
+$269M |
| 5 |
Rio Tinto
RIO
|
+$263M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Berkshire Hathaway Class B
BRK.B
|
+$612M |
| 2 |
BAY
BAYER AG SPONS ADR
BAY
|
+$441M |
| 3 |
Johnson & Johnson
JNJ
|
+$247M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$189M |
| 5 |
Vodafone
VOD
|
+$164M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.26% |
| 2 | Financials | 13.72% |
| 3 | Healthcare | 11.39% |
| 4 | Consumer Discretionary | 8.65% |
| 5 | Energy | 5.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
ProPetro Holding
PUMP
$1.36B
| $31.1M | 0.04% |
1,887,915
+116,215
| +7% | +$1.87M |
|
227
Amgen
AMGN
$205B
| $31.1M | 0.04% |
149,832
+826
| +0.6% | +$163K |
|
228
LivaNova
LIVN
$4.45B
| $30.4M | 0.04% |
245,378
+82,378
| +51% | +$9.72M |
|
|
EPAY
229
DELISTED
Bottomline Technologies Inc
EPAY
| $30.3M | 0.04% |
416,354
-87,100
| -17% | -$5.32M |
|
230
iShares Global Energy ETF
IXC
$2.84B
| $29.1M | 0.04% |
770,540
+518,002
| +205% | +$19.2M |
|
|
CELG
231
DELISTED
Celgene Corp
CELG
| $28.9M | 0.04% |
323,435
+1,349
| +0.4% | +$119K |
|
232
Verizon
VZ
$198B
| $28.7M | 0.03% |
537,887
+9,339
| +2% | +$494K |
|
233
3M
MMM
$91.6B
| $28.6M | 0.03% |
162,224
+17,917
| +12% | +$3.09M |
|
|
TSS
234
DELISTED
Total System Services, Inc.
TSS
| $27.6M | 0.03% |
279,584
-50,180
| -15% | -$4.72M |
|
|
ESL
235
DELISTED
Esterline Technologies
ESL
| $27.2M | 0.03% |
298,897
-3,546
| -1% | -$298K |
|
236
Cooper Companies
COO
$14.4B
| $27.1M | 0.03% |
391,468
-23,928
| -6% | -$1.54M |
|
237
Acadia Realty Trust
AKR
$3.1B
| $26.8M | 0.03% |
954,916
-5,952
| -0.6% | -$165K |
|
|
SWN
238
DELISTED
Southwestern Energy Company
SWN
| $26.7M | 0.03% |
5,229,470
-24,760
| -0.5% | -$131K |
|
239
Autodesk
ADSK
$49.8B
| $26.2M | 0.03% |
167,729
-12,865
| -7% | -$1.82M |
|
|
MINI
240
DELISTED
Mobile Mini Inc
MINI
| $26.2M | 0.03% |
596,537
+27,225
| +5% | +$1.21M |
|
241
Prosperity Bancshares
PB
$9.01B
| $25.9M | 0.03% |
373,231
-3,807
| -1% | -$274K |
|
242
Carpenter Technology
CRS
$26.3B
| $25.3M | 0.03% |
429,841
+181,011
| +73% | +$10.4M |
|
243
Align Technology
ALGN
$12.3B
| $25.1M | 0.03% |
64,031
-1,005
| -2% | -$371K |
|
|
CBD
244
DELISTED
Companhia Brasileira de Distribuicao
CBD
| $25M | 0.03% |
1,163,143
-3,486
| -0.3% | -$71K |
|
245
Paycom
PAYC
$7.83B
| $24.9M | 0.03% |
160,384
-20,035
| -11% | -$2.7M |
|
246
Texas Capital Bancshares
TCBI
$4.36B
| $24.4M | 0.03% |
295,347
-1,125
| -0.4% | -$102K |
|
247
ConocoPhillips
COP
$145B
| $24.3M | 0.03% |
313,635
+306,988
| +4,618% | +$22.1M |
|
248
Onto Innovation
ONTO
$13.4B
| $23.7M | 0.03% |
630,622
-397
| -0.1% | -$15.6K |
|
249
Medtronic
MDT
$110B
| $23M | 0.03% |
233,816
+7,073
| +3% | +$654K |
|
250
Kaiser Aluminum
KALU
$2.61B
| $22.1M | 0.03% |
203,052
+57,800
| +40% | +$6.27M |
|
Similar funds
Ken Fisher's Q3 2018 Portfolio in Review
As of Q3 2018, Ken Fisher held 943 positions worth $82.4B, up 6.9% from $77B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Ken Fisher's Q3 2018 filing shows 81 new, 327 increased, 378 reduced and 73 closed positions. Its largest new stake was Adobe: 408,693 shares worth $110M. The largest sale was Berkshire Hathaway Class B, an estimated $612M.
By sector, the portfolio is most concentrated in Technology at 16% of assets, up from 15% a quarter earlier, followed by Financials and Healthcare.
- Ken Fisher's largest Q3 2018 buy was Adobe: 408,693 shares worth $110M.
- Ken Fisher added most to TotalEnergies in Q3 2018, an estimated $988M increase.
- Ken Fisher's biggest Q3 2018 reduction was Berkshire Hathaway Class B, cutting an estimated $612M.
- Ken Fisher fully exited Cavium, Inc. in Q3 2018, selling an estimated $56.9M.
- Ken Fisher's ten largest holdings make up 27% of its $82.4B portfolio in Q3 2018.
- Ken Fisher opened 81 new positions and closed 73 in Q3 2018.
- Ken Fisher's portfolio value rose 6.9% quarter-over-quarter to $82.4B.
Based on Fisher Asset Management's 13F filing for Q3 2018, filed 24 Oct 2018.