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 | |
|---|---|---|---|---|---|---|
276
Jabil
JBL
$33B
| $4.55M | 0.01% |
209,920
+20,025
| +11% | +$457K |
|
277
AT&T
T
$159B
| $4.5M | 0.01% |
176,112
-8,276,688
| -98% | -$217M |
|
|
TIBX
278
DELISTED
TIBCO SOFTWARE INC
TIBX
| $4.21M | 0.01% |
164,672
-100
| -0.1% | -$2.39K |
|
|
TRW
279
DELISTED
TRW AUTOMOTIVE HOLDINGS CORP
TRW
| $4.2M | 0.01% |
58,940
+40
| +0.1% | +$2.81K |
|
280
Progress Software
PRGS
$1.66B
| $3.89M | 0.01% |
150,500
| – | – |
|
|
PVTB
281
DELISTED
PrivateBancorp Inc
PVTB
| $3.68M | 0.01% |
+171,800
| New | +$3.93M |
|
|
NAB
282
DELISTED
NATL AUSTRALIA BK LTD ADS5
NAB
| $3.62M | 0.01% |
112,712
-3,805
| -3% | -$122K |
|
|
CHL
283
DELISTED
China Mobile Limited
CHL
| $3.61M | 0.01% |
63,935
-3,763,981
| -98% | -$204M |
|
|
NSANY
284
DELISTED
NISSAN MOTOR CO LTD SPONS ADR
NSANY
| $3.43M | 0.01% |
170,855
+6,365
| +4% | +$128K |
|
285
PVH
PVH
$4B
| $3.21M | 0.01% |
27,030
-26,346
| -49% | -$3.38M |
|
286
D.R. Horton
DHI
$40B
| $3.12M | 0.01% |
160,300
+34,500
| +27% | +$683K |
|
287
CONMED
CNMD
$1.39B
| $3.1M | 0.01% |
91,400
| – | – |
|
288
Weis Markets
WMK
$1.91B
| $3M | 0.01% |
61,350
| – | – |
|
|
HOLX
289
DELISTED
Hologic
HOLX
| $2.96M | 0.01% |
143,200
-51
| -0% | -$1.09K |
|
290
Columbia Sportswear
COLM
$3.04B
| $2.92M | 0.01% |
96,800
+4,000
| +4% | +$122K |
|
|
WFM
291
DELISTED
Whole Foods Market Inc
WFM
| $2.73M | 0.01% |
46,577
+3,443
| +8% | +$190K |
|
292
Check Point Software Technologies
CHKP
$13B
| $2.51M | 0.01% |
44,400
-30
| -0.1% | -$1.69K |
|
293
Charles River Laboratories
CRL
$11.2B
| $2.42M | 0.01% |
+52,400
| New | +$2.4M |
|
294
Fluor
FLR
$7.01B
| $2.38M | 0.01% |
33,490
+6,419
| +24% | +$416K |
|
295
Fidelity National Financial
FNF
$13.9B
| $2.33M | 0.01% |
+153,434
| New | +$2.16M |
|
|
WRI
296
DELISTED
Weingarten Realty Investors
WRI
| $2.28M | 0.01% |
77,659
-11,766
| -13% | -$357K |
|
297
Republic Services
RSG
$64.8B
| $2.23M | 0.01% |
66,900
+17,775
| +36% | +$605K |
|
|
ALJ
298
DELISTED
Alon USA Energy Inc
ALJ
| $2.19M | 0.01% |
+214,250
| New | +$2.65M |
|
|
CVC
299
DELISTED
CABLEVISION SYS CP NY GRP CL-A
CVC
| $2.18M | 0.01% |
129,700
+1,670
| +1% | +$30.6K |
|
300
iShares Global Consumer Staples ETF
KXI
$1.07B
| $2.18M | 0.01% |
52,882
-156,350
| -75% | -$6.43M |
|
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.