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 | |
|---|---|---|---|---|---|---|
251
TechnipFMC
FTI
$28.1B
| $7.56M | 0.02% |
183,369
+9,476
| +5% | +$390K |
|
252
Mattel
MAT
$4.38B
| $7.5M | 0.02% |
178,962
+9,332
| +6% | +$399K |
|
|
253
Philip Morris
PM
$297B
| $7.49M | 0.02% |
86,495
-5,804,363
| -99% | -$507M |
|
254
Viavi Solutions
VIAV
$9.12B
| $7.44M | 0.02% |
889,455
+282,379
| +47% | +$2.32M |
|
|
LNCE
255
DELISTED
Snyders-Lance, Inc.
LNCE
| $7.13M | 0.02% |
+247,250
| New | +$7.17M |
|
256
Movado Group
MOV
$849M
| $6.88M | 0.02% |
157,198
| – | – |
|
257
Haemonetics
HAE
$3.89B
| $6.75M | 0.02% |
169,245
| – | – |
|
258
AB InBev
BUD
$170B
| $6.7M | 0.02% |
67,573
-1,836
| -3% | -$175K |
|
259
Diageo
DEO
$49B
| $6.6M | 0.02% |
51,926
+1,017
| +2% | +$127K |
|
260
Edgewell Personal Care
EPC
$1.25B
| $6.55M | 0.02% |
96,926
+3,440
| +4% | +$254K |
|
|
SIAL
261
DELISTED
SIGMA - ALDRICH CORP
SIAL
| $6.5M | 0.02% |
76,239
+7,365
| +11% | +$620K |
|
|
DASTY
262
DELISTED
DASSAULT SYSTEMES SA ADR
DASTY
| $6.45M | 0.02% |
48,297
+748
| +2% | +$99.9K |
|
|
LPT
263
DELISTED
Liberty Property Trust
LPT
| $6.28M | 0.02% |
176,490
+6,325
| +4% | +$232K |
|
264
IPG Photonics
IPGP
$3.61B
| $6.25M | 0.02% |
110,985
| – | – |
|
265
Vanguard FTSE Developed Markets ETF
VEA
$229B
| $6.15M | 0.02% |
+155,443
| New | +$5.92M |
|
266
Nucor
NUE
$58.6B
| $6.1M | 0.02% |
124,365
+7,604
| +7% | +$356K |
|
267
J&J Snack Foods
JJSF
$1.43B
| $6.08M | 0.02% |
75,325
| – | – |
|
268
Ultrapar
UGP
$6.95B
| $5.83M | 0.01% |
474,190
+1,350
| +0.3% | +$15.9K |
|
269
Ericsson
ERIC
$32.2B
| $5.8M | 0.01% |
434,422
+8,871
| +2% | +$110K |
|
270
Ziff Davis
ZD
$1.96B
| $5.75M | 0.01% |
133,573
-143
| -0.1% | -$5.99K |
|
271
Toronto Dominion Bank
TD
$198B
| $5.58M | 0.01% |
124,146
-17,252
| -12% | -$733K |
|
272
Fair Isaac
FICO
$24.3B
| $5.5M | 0.01% |
99,510
-39,000
| -28% | -$2M |
|
273
Essex Property Trust
ESS
$18.3B
| $5.24M | 0.01% |
35,455
-30,440
| -46% | -$4.72M |
|
274
Banco Santander
SAN
$201B
| $5.13M | 0.01% |
691,056
+12,756
| +2% | +$84.7K |
|
275
Littelfuse
LFUS
$11.2B
| $4.61M | 0.01% |
58,925
+3,500
| +6% | +$278K |
|
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.