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 |
TotalEnergies
TTE
|
+$988M |
| 2 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$354M |
| 3 |
BP
BP
|
+$285M |
| 4 |
Freeport-McMoran
FCX
|
+$269M |
| 5 |
Rio Tinto
RIO
|
+$263M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Berkshire Hathaway Class B
BRK.B
|
+$612M |
| 2 |
BAY
BAYER AG SPONS ADR
BAY
|
+$441M |
| 3 |
Johnson & Johnson
JNJ
|
+$247M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$189M |
| 5 |
Vodafone
VOD
|
+$164M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.26% |
| 2 | Financials | 13.72% |
| 3 | Healthcare | 11.39% |
| 4 | Consumer Discretionary | 8.65% |
| 5 | Energy | 5.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
251
ICICI Bank
IBN
$108B
| $22.1M | 0.03% |
2,605,384
+638
| +0% | +$5.64K |
|
252
Halliburton
HAL
$26.6B
| $21.4M | 0.03% |
527,940
+17,760
| +3% | +$735K |
|
253
NNN REIT
NNN
$9.03B
| $21.1M | 0.03% |
469,685
-5,615
| -1% | -$253K |
|
|
FLEU
254
DELISTED
Barclays ETN+ FI Enhanced Europe 50 ETN Series B
FLEU
| $21M | 0.03% |
148,916
-188,540
| -56% | -$27M |
|
255
Wipro
WIT
$20.3B
| $20.7M | 0.03% |
10,588,749
+350,045
| +3% | +$675K |
|
256
iShares 1-3 Year Treasury Bond ETF
SHY
$25B
| $20.5M | 0.02% |
246,412
-5,560
| -2% | -$463K |
|
|
NTUS
257
DELISTED
Natus Medical Inc
NTUS
| $20.5M | 0.02% |
573,991
-384
| -0.1% | -$13.6K |
|
258
Live Nation Entertainment
LYV
$42.3B
| $20.4M | 0.02% |
374,859
-33,942
| -8% | -$1.72M |
|
259
UFP Industries
UFPI
$5.18B
| $20.3M | 0.02% |
574,409
-51,362
| -8% | -$1.89M |
|
260
Gerdau
GGB
$9.93B
| $20.2M | 0.02% |
6,056,907
+3,200,696
| +112% | +$10.3M |
|
261
Honeywell
HON
$78.2B
| $20M | 0.02% |
132,821
-2,151
| -2% | -$305K |
|
262
Semtech
SMTC
$11.1B
| $19.9M | 0.02% |
357,320
-25,732
| -7% | -$1.35M |
|
263
Emergent Biosolutions
EBS
$382M
| $19.8M | 0.02% |
300,475
-51,100
| -15% | -$2.98M |
|
|
BAY
264
DELISTED
BAYER AG SPONS ADR
BAY
| $18.2M | 0.02% |
819,705
-19,859,783
| -96% | -$441M |
|
265
Coca-Cola
KO
$374B
| $18.1M | 0.02% |
391,514
-167,341
| -30% | -$7.65M |
|
|
NUAN
266
DELISTED
Nuance Communications, Inc.
NUAN
| $18.1M | 0.02% |
1,205,423
+26,904
| +2% | +$373K |
|
267
Fair Isaac
FICO
$22.6B
| $17.9M | 0.02% |
78,254
-4,942
| -6% | -$1.07M |
|
268
Synopsys
SNPS
$75.1B
| $17.8M | 0.02% |
180,685
-99,672
| -36% | -$9.5M |
|
|
DO
269
DELISTED
Diamond Offshore Drilling
DO
| $17.6M | 0.02% |
+879,636
| New | +$16.2M |
|
270
Owens Corning
OC
$11.5B
| $17.4M | 0.02% |
320,017
-21,343
| -6% | -$1.29M |
|
271
COPT Defense Properties
CDP
$4.26B
| $17.4M | 0.02% |
582,163
-23,419
| -4% | -$701K |
|
272
ICU Medical
ICUI
$4.33B
| $17.2M | 0.02% |
61,000
| – | – |
|
|
GHL
273
DELISTED
Greenhill & Co., Inc.
GHL
| $17.1M | 0.02% |
647,308
-8,509
| -1% | -$252K |
|
274
Century Aluminum
CENX
$4.47B
| $16.4M | 0.02% |
1,368,335
-14,002
| -1% | -$180K |
|
275
Fidelity National Information Services
FIS
$23.2B
| $16.2M | 0.02% |
148,646
-11,184
| -7% | -$1.21M |
|
Similar funds
Ken Fisher's Q3 2018 Portfolio in Review
As of Q3 2018, Ken Fisher held 943 positions worth $82.4B, up 6.9% from $77B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Ken Fisher's Q3 2018 filing shows 81 new, 327 increased, 378 reduced and 73 closed positions. Its largest new stake was Adobe: 408,693 shares worth $110M. The largest sale was Berkshire Hathaway Class B, an estimated $612M.
By sector, the portfolio is most concentrated in Technology at 16% of assets, up from 15% a quarter earlier, followed by Financials and Healthcare.
- Ken Fisher's largest Q3 2018 buy was Adobe: 408,693 shares worth $110M.
- Ken Fisher added most to TotalEnergies in Q3 2018, an estimated $988M increase.
- Ken Fisher's biggest Q3 2018 reduction was Berkshire Hathaway Class B, cutting an estimated $612M.
- Ken Fisher fully exited Cavium, Inc. in Q3 2018, selling an estimated $56.9M.
- Ken Fisher's ten largest holdings make up 27% of its $82.4B portfolio in Q3 2018.
- Ken Fisher opened 81 new positions and closed 73 in Q3 2018.
- Ken Fisher's portfolio value rose 6.9% quarter-over-quarter to $82.4B.
Based on Fisher Asset Management's 13F filing for Q3 2018, filed 24 Oct 2018.