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 |
Adobe
ADBE
|
+$312M |
| 2 |
Salesforce
CRM
|
+$299M |
| 3 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$263M |
| 4 |
Netflix
NFLX
|
+$250M |
| 5 |
ConocoPhillips
COP
|
+$246M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PepsiCo
PEP
|
+$755M |
| 2 |
Procter & Gamble
PG
|
+$520M |
| 3 |
UN
Unilever NV New York Registry Shares
UN
|
+$179M |
| 4 |
Televisa
TV
|
+$119M |
| 5 |
Vanguard Industrials ETF
VIS
|
+$81M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.39% |
| 2 | Financials | 12.97% |
| 3 | Healthcare | 11.55% |
| 4 | Consumer Discretionary | 8.66% |
| 5 | Energy | 7.16% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
PXD
226
DELISTED
Pioneer Natural Resource Co.
PXD
| $28.9M | 0.03% |
190,105
-17,568
| -8% | -$2.48M |
|
227
Cooper Companies
COO
$14.5B
| $28.9M | 0.03% |
390,444
-12,340
| -3% | -$861K |
|
|
CONE
228
DELISTED
CyrusOne Inc Common Stock
CONE
| $28.5M | 0.03% |
544,212
-53,017
| -9% | -$2.77M |
|
|
COR
229
DELISTED
Coresite Realty Corporation
COR
| $28.5M | 0.03% |
266,124
-23,268
| -8% | -$2.31M |
|
230
Cemex
CX
$17.1B
| $28.2M | 0.03% |
6,080,661
| – | – |
|
|
231
PepsiCo
PEP
$191B
| $28M | 0.03% |
228,745
-6,622,837
| -97% | -$755M |
|
232
Glacier Bancorp
GBCI
$6.57B
| $27.7M | 0.03% |
690,718
-42,924
| -6% | -$1.8M |
|
233
MSCI
MSCI
$41.8B
| $27.6M | 0.03% |
138,943
+107,217
| +338% | +$18.7M |
|
234
Bristol-Myers Squibb
BMY
$134B
| $27.5M | 0.03% |
576,317
+82,239
| +17% | +$4.1M |
|
235
Emergent Biosolutions
EBS
$382M
| $27M | 0.03% |
533,544
+31,363
| +6% | +$1.85M |
|
|
CBD
236
DELISTED
Companhia Brasileira de Distribuicao
CBD
| $26.9M | 0.03% |
1,156,913
| – | – |
|
|
AAWW
237
DELISTED
Atlas Air Worldwide Holdings, Inc.
AAWW
| $26.9M | 0.03% |
532,440
-64,947
| -11% | -$3.29M |
|
238
Gerdau
GGB
$9.93B
| $26.6M | 0.03% |
8,622,363
+2,928,628
| +51% | +$9.49M |
|
239
3M
MMM
$91.4B
| $26.4M | 0.03% |
151,695
+500
| +0.3% | +$84.2K |
|
|
TSS
240
DELISTED
Total System Services, Inc.
TSS
| $26.3M | 0.03% |
276,943
-12,965
| -4% | -$1.17M |
|
241
Nomura Holdings
NMR
$28B
| $25.6M | 0.03% |
7,131,085
-20,954
| -0.3% | -$81.9K |
|
242
Prosperity Bancshares
PB
$9.02B
| $25.6M | 0.03% |
370,264
-7,374
| -2% | -$526K |
|
243
Matador Resources
MTDR
$6.06B
| $25.1M | 0.03% |
1,300,505
+960,304
| +282% | +$17.9M |
|
244
Wipro
WIT
$20.3B
| $25M | 0.03% |
12,571,430
+282,585
| +2% | +$576K |
|
245
LivaNova
LIVN
$4.53B
| $23.9M | 0.03% |
245,646
-3,115
| -1% | -$291K |
|
|
SRCI
246
DELISTED
SRC Energy Inc
SRCI
| $23.9M | 0.03% |
4,658,420
+2,825,348
| +154% | +$13.8M |
|
247
IPG Photonics
IPGP
$3.7B
| $23.8M | 0.03% |
156,765
+30,383
| +24% | +$4.3M |
|
248
Haemonetics
HAE
$3.94B
| $23.8M | 0.03% |
271,579
+28,855
| +12% | +$2.62M |
|
249
Medtronic
MDT
$111B
| $23.8M | 0.03% |
260,837
+10,601
| +4% | +$949K |
|
|
FRC
250
DELISTED
First Republic Bank
FRC
| $23.7M | 0.03% |
235,592
+5,484
| +2% | +$540K |
|
Similar funds
Ken Fisher's Q1 2019 Portfolio in Review
As of Q1 2019, Ken Fisher held 944 positions worth $85.3B, up 17% from $73.2B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Ken Fisher's Q1 2019 filing shows 78 new, 319 increased, 366 reduced and 82 closed positions. Its largest new stake was Hess: 2,044,909 shares worth $123M. The largest sale was PepsiCo, an estimated $755M.
By sector, the portfolio is most concentrated in Technology at 18% of assets, up from 17% a quarter earlier, followed by Financials and Healthcare.
- Ken Fisher's largest Q1 2019 buy was Hess: 2,044,909 shares worth $123M.
- Ken Fisher added most to Adobe in Q1 2019, an estimated $312M increase.
- Ken Fisher's biggest Q1 2019 reduction was PepsiCo, cutting an estimated $755M.
- Ken Fisher fully exited Televisa in Q1 2019, selling an estimated $119M.
- Ken Fisher's ten largest holdings make up 26% of its $85.3B portfolio in Q1 2019.
- Ken Fisher opened 78 new positions and closed 82 in Q1 2019.
- Ken Fisher's portfolio value rose 17% quarter-over-quarter to $85.3B.
Based on Fisher Asset Management's 13F filing for Q1 2019, filed 22 Apr 2019.