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 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$274M |
| 2 |
FRLG
Large Cap Growth Index-Linked Exchange Traded Notes due 2028
FRLG
|
+$138M |
| 3 |
FIHD
UBS AG FI Enhanced Global High Yield ETN
FIHD
|
+$69.1M |
| 4 |
Lumentum
LITE
|
+$41.9M |
| 5 |
Invesco QQQ Trust
QQQ
|
+$41.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TSMC
TSM
|
+$171M |
| 2 |
Petrobras
PBR
|
+$64.7M |
| 3 |
Vale
VALE
|
+$62.7M |
| 4 |
WMGI
Wright Medical Group Inc
WMGI
|
+$61.9M |
| 5 |
HDFC Bank
HDB
|
+$57.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.83% |
| 2 | Financials | 13.08% |
| 3 | Healthcare | 10.74% |
| 4 | Consumer Discretionary | 8.75% |
| 5 | Energy | 5.83% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
FRC
251
DELISTED
First Republic Bank
FRC
| $19.7M | 0.02% |
167,669
-43,199
| -20% | -$4.67M |
|
|
PRAH
252
DELISTED
PRA Health Sciences, Inc.
PRAH
| $19.2M | 0.02% |
172,442
+25,065
| +17% | +$2.58M |
|
253
iShares MSCI Global Metals & Mining Producers ETF
PICK
$2.22B
| $18.8M | 0.02% |
633,930
+138,105
| +28% | +$3.88M |
|
254
Medtronic
MDT
$109B
| $18.6M | 0.02% |
163,792
-70,269
| -30% | -$7.71M |
|
255
Kaiser Aluminum
KALU
$2.61B
| $18.5M | 0.02% |
166,503
-18,203
| -10% | -$1.95M |
|
256
Paylocity
PCTY
$7.38B
| $18.3M | 0.02% |
151,844
+38,670
| +34% | +$4.24M |
|
257
NOV
NOV
$6.93B
| $17.9M | 0.02% |
714,631
+2,748
| +0.4% | +$61.8K |
|
258
Berkshire Hathaway Class B
BRK.B
$1.1T
| $17.8M | 0.02% |
78,678
-7,616
| -9% | -$1.65M |
|
259
ICICI Bank
IBN
$108B
| $17.8M | 0.02% |
1,180,001
-317,049
| -21% | -$4.3M |
|
260
Global X Robotics & Artificial Intelligence ETF
BOTZ
$3.28B
| $17.7M | 0.02% |
809,096
-11,380
| -1% | -$240K |
|
261
State Street Industrial Select Sector SPDR ETF
XLI
$32.8B
| $17.7M | 0.02% |
216,904
+29,041
| +15% | +$2.32M |
|
|
SRCI
262
DELISTED
SRC Energy Inc
SRCI
| $17.6M | 0.02% |
4,265,446
-106,891
| -2% | -$406K |
|
263
Veeco
VECO
$3.05B
| $17.4M | 0.02% |
1,182,428
-112,598
| -9% | -$1.53M |
|
264
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$22.6B
| $17.3M | 0.02% |
276,334
+34,946
| +14% | +$2.13M |
|
265
Range Resources
RRC
$9.38B
| $17.1M | 0.02% |
3,521,310
-84,685
| -2% | -$342K |
|
266
Carpenter Technology
CRS
$25.8B
| $16.9M | 0.02% |
339,052
-36,522
| -10% | -$1.87M |
|
267
Wipro
WIT
$19.6B
| $16.9M | 0.02% |
8,992,646
-948,706
| -10% | -$1.79M |
|
|
LSI
268
DELISTED
Life Storage, Inc.
LSI
| $16.6M | 0.02% |
229,829
-53,071
| -19% | -$3.79M |
|
269
Enterprise Products Partners
EPD
$82.3B
| $16.5M | 0.02% |
+584,777
| New | +$15.8M |
|
270
ACI Worldwide
ACIW
$5.83B
| $16.2M | 0.02% |
428,206
+206
| +0% | +$7.02K |
|
271
Diamondback Energy
FANG
$57.1B
| $16M | 0.02% |
172,785
-174,848
| -50% | -$14.5M |
|
|
PFPT
272
DELISTED
Proofpoint, Inc.
PFPT
| $15.9M | 0.02% |
138,839
+38,140
| +38% | +$4.55M |
|
273
D.R. Horton
DHI
$40B
| $15.6M | 0.02% |
295,151
-179,915
| -38% | -$9.6M |
|
|
TPH
274
DELISTED
Tri Pointe Homes
TPH
| $15.6M | 0.02% |
998,714
-31,310
| -3% | -$482K |
|
275
Vanguard FTSE Emerging Markets ETF
VWO
$121B
| $15.6M | 0.02% |
349,685
+29,013
| +9% | +$1.23M |
|
Similar funds
Ken Fisher's Q4 2019 Portfolio in Review
As of Q4 2019, Ken Fisher held 981 positions worth $99B, up 8.6% from $91.1B the previous quarter. Its ten largest holdings account for 28% of the portfolio.
Ken Fisher's Q4 2019 filing shows 78 new, 256 increased, 457 reduced and 83 closed positions. Its largest new stake was Enterprise Products Partners: 584,777 shares worth $16.5M. The largest sale was TSMC, an estimated $171M.
By sector, the portfolio is most concentrated in Technology at 21% of assets, up from 20% a quarter earlier, followed by Financials and Healthcare.
- Ken Fisher's largest Q4 2019 buy was Enterprise Products Partners: 584,777 shares worth $16.5M.
- Ken Fisher added most to Vanguard Intermediate-Term Corporate Bond ETF in Q4 2019, an estimated $274M increase.
- Ken Fisher's biggest Q4 2019 reduction was TSMC, cutting an estimated $171M.
- Ken Fisher fully exited Wright Medical Group Inc in Q4 2019, selling an estimated $61.9M.
- Ken Fisher's ten largest holdings make up 28% of its $99B portfolio in Q4 2019.
- Ken Fisher opened 78 new positions and closed 83 in Q4 2019.
- Ken Fisher's portfolio value rose 8.6% quarter-over-quarter to $99B.
Based on Fisher Asset Management's 13F filing for Q4 2019, filed 12 Feb 2020.