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 | |
|---|---|---|---|---|---|---|
276
Cincinnati Financial
CINF
$26.8B
| $11.7M | 0.02% |
161,020
-3,047
| -2% | -$216K |
|
|
TPH
277
DELISTED
Tri Pointe Homes
TPH
| $11.2M | 0.02% |
+852,000
| New | +$10.6M |
|
278
T. Rowe Price
TROW
$25.6B
| $11.2M | 0.02% |
151,296
-7,415
| -5% | -$530K |
|
279
WisdomTree
WT
$2.88B
| $11.2M | 0.02% |
+1,097,985
| New | +$10.1M |
|
280
Vanguard Industrials ETF
VIS
$8.04B
| $11M | 0.02% |
85,571
+34,220
| +67% | +$4.32M |
|
281
KB Financial Group
KB
$42.5B
| $11M | 0.02% |
217,019
+12,672
| +6% | +$590K |
|
282
ICU Medical
ICUI
$4.21B
| $10.9M | 0.02% |
63,000
+32,000
| +103% | +$5.13M |
|
283
Hancock Whitney
HWC
$6.14B
| $10.6M | 0.02% |
217,088
-239,112
| -52% | -$11.3M |
|
284
US Bancorp
USB
$98B
| $10.6M | 0.02% |
203,838
-112,713
| -36% | -$5.81M |
|
|
DATA
285
DELISTED
Tableau Software, Inc.
DATA
| $10.5M | 0.02% |
170,920
-14,560
| -8% | -$854K |
|
286
Marriott International
MAR
$99B
| $10.2M | 0.02% |
102,170
+16,428
| +19% | +$1.64M |
|
287
LivaNova
LIVN
$4.45B
| $9.98M | 0.02% |
163,000
+111,000
| +213% | +$6.28M |
|
288
Ziff Davis
ZD
$1.94B
| $9.97M | 0.02% |
134,711
-11,171
| -8% | -$834K |
|
289
Weyerhaeuser
WY
$16.9B
| $9.69M | 0.01% |
289,178
+403
| +0.1% | +$13.6K |
|
|
ANSS
290
DELISTED
Ansys
ANSS
| $9.68M | 0.01% |
79,549
+3,134
| +4% | +$369K |
|
291
Cullen/Frost Bankers
CFR
$10.3B
| $9.57M | 0.01% |
101,946
-114,323
| -53% | -$10.5M |
|
292
Haemonetics
HAE
$3.85B
| $9.54M | 0.01% |
241,547
-420
| -0.2% | -$17.3K |
|
|
VRE
293
DELISTED
Veris Residential
VRE
| $9.28M | 0.01% |
341,830
| – | – |
|
|
SHPG
294
DELISTED
Shire pic
SHPG
| $9.22M | 0.01% |
55,800
-88,675
| -61% | -$15.5M |
|
295
Teradyne
TER
$57.2B
| $9.11M | 0.01% |
303,186
+186
| +0.1% | +$6.25K |
|
296
Omnicom Group
OMC
$21.8B
| $8.88M | 0.01% |
107,179
+7,022
| +7% | +$586K |
|
297
State Street Financial Select Sector SPDR ETF
XLF
$56.8B
| $8.87M | 0.01% |
359,505
-1,738,011
| -83% | -$41.2M |
|
298
Prologis
PLD
$136B
| $8.85M | 0.01% |
150,832
-689
| -0.5% | -$38.4K |
|
299
Strategy Inc
MSTR
$35.7B
| $8.82M | 0.01% |
460,000
| – | – |
|
|
CS
300
DELISTED
Credit Suisse Group
CS
| $8.62M | 0.01% |
590,447
+437,500
| +286% | +$6.31M |
|
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.