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 |
Alibaba
BABA
|
+$594M |
| 2 |
ING
ING
|
+$545M |
| 3 |
Banco Santander
SAN
|
+$503M |
| 4 |
Sumitomo Mitsui Financial
SMFG
|
+$364M |
| 5 |
Vodafone
VOD
|
+$314M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Wells Fargo
WFC
|
+$939M |
| 2 |
JPMorgan Chase
JPM
|
+$598M |
| 3 |
RTX Corp
RTX
|
+$579M |
| 4 |
Home Depot
HD
|
+$510M |
| 5 |
Qualcomm
QCOM
|
+$500M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.55% |
| 2 | Technology | 13.55% |
| 3 | Healthcare | 13.21% |
| 4 | Consumer Discretionary | 8.47% |
| 5 | Communication Services | 6.27% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
251
Vanguard FTSE Developed Markets ETF
VEA
$230B
| $16.9M | 0.03% |
409,064
+225,431
| +123% | +$9.19M |
|
252
Abbott
ABT
$183B
| $16.7M | 0.03% |
343,410
+326,754
| +1,962% | +$14.8M |
|
253
IPG Photonics
IPGP
$3.6B
| $16.4M | 0.02% |
113,028
-3,725
| -3% | -$500K |
|
254
Medtronic
MDT
$110B
| $16.3M | 0.02% |
183,765
+176,656
| +2,485% | +$14.9M |
|
255
Costco
COST
$423B
| $16.1M | 0.02% |
100,913
+96,420
| +2,146% | +$16.6M |
|
256
Dana Inc
DAN
$2.91B
| $15.7M | 0.02% |
704,627
-1,126
| -0.2% | -$22.9K |
|
257
Paycom
PAYC
$7.53B
| $15.5M | 0.02% |
226,090
+20,520
| +10% | +$1.32M |
|
258
Polaris
PII
$3.88B
| $15.3M | 0.02% |
165,766
-63,550
| -28% | -$5.45M |
|
259
Oceaneering
OII
$4.74B
| $15.3M | 0.02% |
668,962
-3,605
| -0.5% | -$91.7K |
|
260
Amdocs
DOX
$5.87B
| $14.6M | 0.02% |
226,808
+1,168
| +0.5% | +$73.7K |
|
261
Live Nation Entertainment
LYV
$42.7B
| $14.6M | 0.02% |
419,331
-1,686
| -0.4% | -$56.5K |
|
262
Globe Life
GL
$14.2B
| $14.6M | 0.02% |
190,832
-2,833
| -1% | -$215K |
|
263
Semtech
SMTC
$10.7B
| $14.6M | 0.02% |
407,323
+327,351
| +409% | +$11.5M |
|
264
Terex
TEX
$7.11B
| $14.5M | 0.02% |
387,199
+837
| +0.2% | +$28.3K |
|
265
Align Technology
ALGN
$12.4B
| $14.5M | 0.02% |
96,438
-1,627
| -2% | -$221K |
|
266
Genpact
G
$5.99B
| $14.3M | 0.02% |
514,995
-187
| -0% | -$4.85K |
|
267
D.R. Horton
DHI
$40.7B
| $14.3M | 0.02% |
412,904
-1,001
| -0.2% | -$33.4K |
|
|
WFM
268
DELISTED
Whole Foods Market Inc
WFM
| $14.2M | 0.02% |
336,222
+2,770
| +0.8% | +$101K |
|
269
Warner Bros
WBD
$63.9B
| $14.1M | 0.02% |
543,961
-24,191
| -4% | -$655K |
|
|
GHL
270
DELISTED
Greenhill & Co., Inc.
GHL
| $13.8M | 0.02% |
688,581
+3,106
| +0.5% | +$72.7K |
|
271
Northwest Natural Holdings
NWN
$2.11B
| $13.7M | 0.02% |
229,186
-1,835
| -0.8% | -$111K |
|
|
EPAY
272
DELISTED
Bottomline Technologies Inc
EPAY
| $13.7M | 0.02% |
533,396
+35,941
| +7% | +$882K |
|
273
Emergent Biosolutions
EBS
$375M
| $13.5M | 0.02% |
397,335
-15,685
| -4% | -$484K |
|
274
Advanced Energy
AEIS
$11B
| $12M | 0.02% |
185,899
+27,898
| +18% | +$2.04M |
|
275
OraSure Technologies
OSUR
$273M
| $11.8M | 0.02% |
682,480
+178,886
| +36% | +$2.58M |
|
Similar funds
Ken Fisher's Q2 2017 Portfolio in Review
As of Q2 2017, Ken Fisher held 877 positions worth $66.3B, up 6.2% from $62.4B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Fisher's Q2 2017 filing shows 104 new, 361 increased, 246 reduced and 75 closed positions. Its largest new stake was Sumitomo Mitsui Financial: 48,974,918 shares worth $385M. The largest sale was Wells Fargo, an estimated $939M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, down from 19% a quarter earlier, followed by Technology and Healthcare.
- Ken Fisher's largest Q2 2017 buy was Sumitomo Mitsui Financial: 48,974,918 shares worth $385M.
- Ken Fisher added most to Alibaba in Q2 2017, an estimated $594M increase.
- Ken Fisher's biggest Q2 2017 reduction was Wells Fargo, cutting an estimated $939M.
- Ken Fisher fully exited Janus Capital Group Inc in Q2 2017, selling an estimated $54.1M.
- Ken Fisher's ten largest holdings make up 23% of its $66.3B portfolio in Q2 2017.
- Ken Fisher opened 104 new positions and closed 75 in Q2 2017.
- Ken Fisher's portfolio value rose 6.2% quarter-over-quarter to $66.3B.
Based on Fisher Asset Management's 13F filing for Q2 2017, filed 13 Jul 2017.