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 | |
|---|---|---|---|---|---|---|
276
Post Holdings
POST
$4.11B
| $16.2M | 0.02% |
251,995
-31,284
| -11% | -$1.92M |
|
|
SRCI
277
DELISTED
SRC Energy Inc
SRCI
| $16.1M | 0.02% |
1,812,707
-62,767
| -3% | -$626K |
|
278
Rockwell Automation
ROK
$53.3B
| $15.7M | 0.02% |
83,912
-8,153
| -9% | -$1.46M |
|
279
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.8B
| $15.5M | 0.02% |
287,051
+29,484
| +11% | +$1.58M |
|
280
Toll Brothers
TOL
$13.9B
| $15.3M | 0.02% |
461,859
-31,980
| -6% | -$1.16M |
|
281
Altria Group
MO
$114B
| $15M | 0.02% |
248,514
+1,947
| +0.8% | +$116K |
|
|
FRC
282
DELISTED
First Republic Bank
FRC
| $14.8M | 0.02% |
154,692
-70,285
| -31% | -$7.07M |
|
283
Haemonetics
HAE
$3.93B
| $14.7M | 0.02% |
128,646
-77,118
| -37% | -$7.98M |
|
284
Northwest Natural Holdings
NWN
$2.06B
| $14.5M | 0.02% |
217,442
-3,545
| -2% | -$231K |
|
|
DATA
285
DELISTED
Tableau Software, Inc.
DATA
| $14.5M | 0.02% |
129,722
-8,485
| -6% | -$915K |
|
286
Veeco
VECO
$3.07B
| $14.5M | 0.02% |
1,412,683
-6,142
| -0.4% | -$76.9K |
|
287
Globe Life
GL
$14.4B
| $14.2M | 0.02% |
164,339
-9,034
| -5% | -$780K |
|
|
RDC
288
DELISTED
Rowan Companies Plc
RDC
| $14.1M | 0.02% |
+749,675
| New | +$11.2M |
|
289
Church & Dwight Co
CHD
$23.7B
| $14.1M | 0.02% |
236,917
-22,217
| -9% | -$1.26M |
|
290
D.R. Horton
DHI
$40.6B
| $13.7M | 0.02% |
325,122
-23,932
| -7% | -$1.04M |
|
291
T. Rowe Price
TROW
$24.1B
| $13.7M | 0.02% |
125,060
-11,453
| -8% | -$1.33M |
|
292
Teradyne
TER
$57.4B
| $13.5M | 0.02% |
365,996
+49,980
| +16% | +$2.01M |
|
293
Comcast
CMCSA
$87.3B
| $13.3M | 0.02% |
374,394
-879,701
| -70% | -$31.1M |
|
294
Walt Disney
DIS
$169B
| $13.1M | 0.02% |
112,083
-271,955
| -71% | -$30.3M |
|
295
iShares MSCI Global Metals & Mining Producers ETF
PICK
$2.2B
| $13.1M | 0.02% |
+401,067
| New | +$12.7M |
|
296
Zimmer Biomet
ZBH
$18.6B
| $12.5M | 0.02% |
98,239
-8,015
| -8% | -$953K |
|
297
Genpact
G
$6.03B
| $12.1M | 0.01% |
394,404
-30,603
| -7% | -$929K |
|
298
Amdocs
DOX
$5.92B
| $11.8M | 0.01% |
178,899
-17,341
| -9% | -$1.15M |
|
299
AeroVironment
AVAV
$7.94B
| $11.7M | 0.01% |
104,532
+20,978
| +25% | +$1.82M |
|
300
United Natural Foods
UNFI
$2.95B
| $11.7M | 0.01% |
391,063
-315,394
| -45% | -$11.4M |
|
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.