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 |
iShares Global Energy ETF
IXC
|
+$385M |
| 2 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$360M |
| 3 |
iShares MSCI Europe Financials ETF
EUFN
|
+$250M |
| 4 |
Apple
AAPL
|
+$158M |
| 5 |
Amazon
AMZN
|
+$137M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TotalEnergies
TTE
|
+$170M |
| 2 |
TSMC
TSM
|
+$151M |
| 3 |
RDS.A
Royal Dutch Shell PLC ADS Class A
RDS.A
|
+$129M |
| 4 |
CLGX
Corelogic, Inc.
CLGX
|
+$99.1M |
| 5 |
ING
ING
|
+$95.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.41% |
| 2 | Consumer Discretionary | 13.75% |
| 3 | Financials | 11.06% |
| 4 | Healthcare | 10.73% |
| 5 | Communication Services | 6.43% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
IPG Photonics
IPGP
$3.82B
| $27M | 0.02% |
158,998
-16,632
| -9% | -$2.74M |
|
227
Biogen
BIIB
$30.7B
| $26.6M | 0.02% |
93,936
+1,031
| +1% | +$288K |
|
228
Wintrust Financial
WTFC
$10.7B
| $26.6M | 0.02% |
663,300
-15,536
| -2% | -$665K |
|
|
JHG
229
DELISTED
Janus Henderson
JHG
| $26.4M | 0.02% |
1,215,680
-32,298
| -3% | -$670K |
|
230
iShares US Financials ETF
IYF
$4.61B
| $25.8M | 0.02% |
454,086
+20,484
| +5% | +$1.18M |
|
231
Honeywell
HON
$77.9B
| $25.7M | 0.02% |
165,936
-5,481
| -3% | -$814K |
|
232
Halozyme
HALO
$12.1B
| $25.1M | 0.02% |
954,157
-102,514
| -10% | -$2.85M |
|
233
Dine Brands
DIN
$451M
| $25M | 0.02% |
+458,262
| New | +$23.2M |
|
234
CONMED
CNMD
$1.48B
| $24.6M | 0.02% |
312,476
-7,530
| -2% | -$614K |
|
|
DENN
235
DELISTED
Denny's
DENN
| $23.9M | 0.02% |
+2,389,952
| New | +$23.9M |
|
236
iShares 1-3 Year Treasury Bond ETF
SHY
$25.1B
| $23.7M | 0.02% |
274,077
+18,520
| +7% | +$1.6M |
|
237
Webster Financial
WBS
$12.8B
| $23.3M | 0.02% |
882,186
-22,632
| -3% | -$613K |
|
238
Kennametal
KMT
$2.54B
| $23.2M | 0.02% |
+800,633
| New | +$23.2M |
|
239
ATI
ATI
$31.1B
| $23.1M | 0.02% |
2,648,340
-64,561
| -2% | -$594K |
|
240
Wipro
WIT
$19.8B
| $22.7M | 0.02% |
9,670,674
+54,646
| +0.6% | +$114K |
|
241
iShares MSCI Global Metals & Mining Producers ETF
PICK
$2.35B
| $22.4M | 0.02% |
834,979
+141,830
| +20% | +$3.86M |
|
|
PDCE
242
DELISTED
PDC Energy, Inc.
PDCE
| $21.8M | 0.02% |
1,755,523
+1,126,245
| +179% | +$16M |
|
243
ON Semiconductor
ON
$19.2B
| $21.4M | 0.02% |
987,648
-127,598
| -11% | -$2.71M |
|
244
Paylocity
PCTY
$8.03B
| $21.1M | 0.02% |
130,470
-14,266
| -10% | -$2.01M |
|
245
D.R. Horton
DHI
$42.3B
| $20.7M | 0.02% |
274,190
-44,559
| -14% | -$3.04M |
|
246
RLJ Lodging Trust
RLJ
$1.7B
| $20.7M | 0.02% |
2,394,366
+390,424
| +19% | +$3.5M |
|
|
PACW
247
DELISTED
PacWest Bancorp
PACW
| $19.6M | 0.02% |
1,148,069
-31,095
| -3% | -$577K |
|
248
Freshpet
FRPT
$3.24B
| $19.6M | 0.02% |
175,201
-15,414
| -8% | -$1.57M |
|
|
WDR
249
DELISTED
Waddell & Reed Financial, Inc.
WDR
| $19.5M | 0.02% |
1,313,173
-26,129
| -2% | -$399K |
|
250
Range Resources
RRC
$8.99B
| $19.4M | 0.02% |
2,924,004
-100,621
| -3% | -$729K |
|
Similar funds
Ken Fisher's Q3 2020 Portfolio in Review
As of Q3 2020, Ken Fisher held 1,002 positions worth $114B, up 12% from $102B the previous quarter. Its ten largest holdings account for 34% of the portfolio.
Ken Fisher's Q3 2020 filing shows 100 new, 334 increased, 405 reduced and 62 closed positions. Its largest new stake was Sally Beauty Holdings: 2,219,976 shares worth $19.3M. The largest sale was TotalEnergies, an estimated $170M.
By sector, the portfolio is most concentrated in Technology at 26% of assets, up from 25% a quarter earlier, followed by Consumer Discretionary and Financials.
- Ken Fisher's largest Q3 2020 buy was Sally Beauty Holdings: 2,219,976 shares worth $19.3M.
- Ken Fisher added most to iShares Global Energy ETF in Q3 2020, an estimated $385M increase.
- Ken Fisher's biggest Q3 2020 reduction was TotalEnergies, cutting an estimated $170M.
- Ken Fisher fully exited Corelogic, Inc. in Q3 2020, selling an estimated $99.1M.
- Ken Fisher's ten largest holdings make up 34% of its $114B portfolio in Q3 2020.
- Ken Fisher opened 100 new positions and closed 62 in Q3 2020.
- Ken Fisher's portfolio value rose 12% quarter-over-quarter to $114B.
Based on Fisher Asset Management's 13F filing for Q3 2020, filed 10 Nov 2020.