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 |
BAY
BAYER AG SPONS ADR
BAY
|
+$535M |
| 2 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$124M |
| 3 |
Banco Bradesco
BBD
|
+$98.1M |
| 4 |
Itaú Unibanco
ITUB
|
+$94.1M |
| 5 |
FIHD
UBS AG FI Enhanced Global High Yield ETN
FIHD
|
+$80.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PRXL
Parexel International Corp
PRXL
|
+$184M |
| 2 |
IRY
SPDR S&P International Health Care Sector
IRY
|
+$143M |
| 3 |
DFT
DuPont Fabros Technology Inc.
DFT
|
+$72.5M |
| 4 |
PNC Financial Services
PNC
|
+$31M |
| 5 |
HDFC Bank
HDB
|
+$26.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.92% |
| 2 | Technology | 13.57% |
| 3 | Healthcare | 12.73% |
| 4 | Consumer Discretionary | 8.41% |
| 5 | Communication Services | 6.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
251
Terex
TEX
$7.11B
| $17.4M | 0.02% |
385,604
-1,595
| -0.4% | -$63.1K |
|
252
Fair Isaac
FICO
$26.4B
| $17.3M | 0.02% |
123,206
-5,287
| -4% | -$741K |
|
253
Polaris
PII
$3.88B
| $17.3M | 0.02% |
165,442
-324
| -0.2% | -$30.7K |
|
254
Costco
COST
$423B
| $17.3M | 0.02% |
105,036
+4,123
| +4% | +$648K |
|
255
Oceaneering
OII
$4.74B
| $17.2M | 0.02% |
655,732
-13,230
| -2% | -$320K |
|
256
Align Technology
ALGN
$12.4B
| $17M | 0.02% |
91,526
-4,912
| -5% | -$841K |
|
257
Paycom
PAYC
$7.53B
| $16.6M | 0.02% |
220,905
-5,185
| -2% | -$371K |
|
258
D.R. Horton
DHI
$40.7B
| $16.4M | 0.02% |
410,275
-2,629
| -0.6% | -$95.8K |
|
|
INVX
259
Innovex International
INVX
$1.85B
| $16.2M | 0.02% |
366,678
-5,993
| -2% | -$261K |
|
|
NUAN
260
DELISTED
Nuance Communications, Inc.
NUAN
| $16M | 0.02% |
1,177,854
-4,776
| -0.4% | -$68.2K |
|
261
Wells Fargo
WFC
$258B
| $16M | 0.02% |
290,384
-401,608
| -58% | -$21.3M |
|
262
Semtech
SMTC
$10.7B
| $15.6M | 0.02% |
414,223
+6,900
| +2% | +$257K |
|
263
Zimmer Biomet
ZBH
$18.4B
| $15.3M | 0.02% |
134,163
-1,987
| -1% | -$229K |
|
264
Globe Life
GL
$14.2B
| $15.2M | 0.02% |
189,716
-1,116
| -0.6% | -$87K |
|
265
Medtronic
MDT
$110B
| $14.7M | 0.02% |
188,912
+5,147
| +3% | +$427K |
|
266
Northwest Natural Holdings
NWN
$2.11B
| $14.6M | 0.02% |
226,006
-3,180
| -1% | -$204K |
|
267
Advanced Energy
AEIS
$11B
| $14.4M | 0.02% |
178,575
-7,324
| -4% | -$531K |
|
268
iShares MSCI India ETF
INDA
$6.88B
| $14.3M | 0.02% |
+436,000
| New | +$14.7M |
|
269
ICU Medical
ICUI
$4.21B
| $13.9M | 0.02% |
75,008
+12,008
| +19% | +$2.09M |
|
270
LivaNova
LIVN
$4.45B
| $13.8M | 0.02% |
197,000
+34,000
| +21% | +$2.15M |
|
271
IQVIA
IQV
$39.1B
| $13.6M | 0.02% |
142,696
-66,189
| -32% | -$6.13M |
|
272
T. Rowe Price
TROW
$25.6B
| $13.6M | 0.02% |
149,512
-1,784
| -1% | -$148K |
|
273
Genpact
G
$5.99B
| $13.1M | 0.02% |
457,269
-57,726
| -11% | -$1.64M |
|
274
Amdocs
DOX
$5.87B
| $13M | 0.02% |
201,488
-25,320
| -11% | -$1.63M |
|
|
DATA
275
DELISTED
Tableau Software, Inc.
DATA
| $12.8M | 0.02% |
170,359
-561
| -0.3% | -$38.9K |
|
Similar funds
Ken Fisher's Q3 2017 Portfolio in Review
As of Q3 2017, Ken Fisher held 922 positions worth $71.3B, up 7.5% from $66.3B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Fisher's Q3 2017 filing shows 120 new, 343 increased, 284 reduced and 79 closed positions. Its largest new stake was Coresite Realty Corporation: 286,849 shares worth $32.1M. The largest sale was Parexel International Corp, an estimated $184M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, up from 18% a quarter earlier, followed by Technology and Healthcare.
- Ken Fisher's largest Q3 2017 buy was Coresite Realty Corporation: 286,849 shares worth $32.1M.
- Ken Fisher added most to BAYER AG SPONS ADR in Q3 2017, an estimated $535M increase.
- Ken Fisher's biggest Q3 2017 reduction was PNC Financial Services, cutting an estimated $31M.
- Ken Fisher fully exited Parexel International Corp in Q3 2017, selling an estimated $184M.
- Ken Fisher's ten largest holdings make up 23% of its $71.3B portfolio in Q3 2017.
- Ken Fisher opened 120 new positions and closed 79 in Q3 2017.
- Ken Fisher's portfolio value rose 7.5% quarter-over-quarter to $71.3B.
Based on Fisher Asset Management's 13F filing for Q3 2017, filed 17 Oct 2017.