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 |
Costco
COST
|
+$384M |
| 2 |
BF
BASF AKTIENGESELLT ADS(RP1 ORD
BF
|
+$293M |
| 3 |
Walmart Inc
WMT
|
+$242M |
| 4 |
UN
Unilever NV New York Registry Shares
UN
|
+$220M |
| 5 |
FIHD
UBS AG FI Enhanced Global High Yield ETN
FIHD
|
+$122M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Bank of America
BAC
|
+$436M |
| 2 |
Home Depot
HD
|
+$261M |
| 3 |
Walt Disney
DIS
|
+$236M |
| 4 |
JPMorgan Chase
JPM
|
+$230M |
| 5 |
Comcast
CMCSA
|
+$219M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.23% |
| 2 | Technology | 13.84% |
| 3 | Healthcare | 11.95% |
| 4 | Consumer Discretionary | 8.3% |
| 5 | Consumer Staples | 5.74% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
276
Northwest Natural Holdings
NWN
$2.11B
| $13.4M | 0.02% |
224,206
-1,800
| -0.8% | -$118K |
|
277
IQVIA
IQV
$39.1B
| $13.3M | 0.02% |
136,006
-6,690
| -5% | -$681K |
|
|
GHL
278
DELISTED
Greenhill & Co., Inc.
GHL
| $13.3M | 0.02% |
682,509
-697
| -0.1% | -$13K |
|
279
Medtronic
MDT
$110B
| $13.3M | 0.02% |
164,198
-24,714
| -13% | -$1.98M |
|
280
Haemonetics
HAE
$3.85B
| $13.1M | 0.02% |
225,639
-17,636
| -7% | -$929K |
|
281
Advanced Energy
AEIS
$11B
| $13M | 0.02% |
193,301
+14,726
| +8% | +$1.19M |
|
282
KB Financial Group
KB
$42.5B
| $13M | 0.02% |
222,156
-104
| -0% | -$5.52K |
|
283
Philip Morris
PM
$299B
| $12.8M | 0.02% |
121,249
+101,979
| +529% | +$10.9M |
|
284
Teradyne
TER
$57.2B
| $12.7M | 0.02% |
303,861
+840
| +0.3% | +$34.6K |
|
|
PF
285
DELISTED
Pinnacle Foods, Inc.
PF
| $12.7M | 0.02% |
213,172
+56,696
| +36% | +$3.2M |
|
286
Marriott International
MAR
$99B
| $12.6M | 0.02% |
93,161
-5,400
| -5% | -$663K |
|
287
Church & Dwight Co
CHD
$23.1B
| $12.6M | 0.02% |
+251,533
| New | +$11.8M |
|
288
Capitol Federal Financial
CFFN
$1.09B
| $12.5M | 0.02% |
929,944
-1,044,304
| -53% | -$14.6M |
|
289
Amdocs
DOX
$5.87B
| $12.4M | 0.02% |
189,188
-12,300
| -6% | -$798K |
|
290
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.3B
| $12.3M | 0.02% |
215,389
+210,624
| +4,420% | +$11.6M |
|
|
SPR
291
DELISTED
Spirit AeroSystems
SPR
| $12M | 0.02% |
137,942
-738
| -0.5% | -$60.6K |
|
292
OraSure Technologies
OSUR
$273M
| $11.8M | 0.02% |
627,828
+71,373
| +13% | +$1.29M |
|
293
Cincinnati Financial
CINF
$26.8B
| $11.8M | 0.02% |
157,133
-3,141
| -2% | -$234K |
|
|
CS
294
DELISTED
Credit Suisse Group
CS
| $11.8M | 0.02% |
659,660
+54,830
| +9% | +$906K |
|
|
DATA
295
DELISTED
Tableau Software, Inc.
DATA
| $11.6M | 0.02% |
168,231
-2,128
| -1% | -$156K |
|
296
Teleflex
TFX
$5.86B
| $11.4M | 0.01% |
45,725
-2,892
| -6% | -$727K |
|
297
Halozyme
HALO
$9.88B
| $11.4M | 0.01% |
560,373
-22,848
| -4% | -$420K |
|
298
Ross Stores
ROST
$81B
| $10.6M | 0.01% |
131,543
-11,991
| -8% | -$839K |
|
299
Valero Energy
VLO
$92.6B
| $10.5M | 0.01% |
113,730
-2,346
| -2% | -$194K |
|
300
Hancock Whitney
HWC
$6.14B
| $10.3M | 0.01% |
207,100
-12,394
| -6% | -$612K |
|
Similar funds
Ken Fisher's Q4 2017 Portfolio in Review
As of Q4 2017, Ken Fisher held 984 positions worth $76.6B, up 7.4% from $71.3B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Ken Fisher's Q4 2017 filing shows 141 new, 329 increased, 331 reduced and 62 closed positions. Its largest new stake was HITACHI LTD ADR (10COM)NEW: 925,930 shares worth $72.2M. The largest sale was Bank of America, an estimated $436M.
By sector, the portfolio is most concentrated in Financials at 17% of assets, down from 18% a quarter earlier, followed by Technology and Healthcare.
- Ken Fisher's largest Q4 2017 buy was HITACHI LTD ADR (10COM)NEW: 925,930 shares worth $72.2M.
- Ken Fisher added most to Costco in Q4 2017, an estimated $384M increase.
- Ken Fisher's biggest Q4 2017 reduction was Bank of America, cutting an estimated $436M.
- Ken Fisher fully exited Harley-Davidson in Q4 2017, selling an estimated $4.17M.
- Ken Fisher's ten largest holdings make up 24% of its $76.6B portfolio in Q4 2017.
- Ken Fisher opened 141 new positions and closed 62 in Q4 2017.
- Ken Fisher's portfolio value rose 7.4% quarter-over-quarter to $76.6B.
Based on Fisher Asset Management's 13F filing for Q4 2017, filed 24 Jan 2018.