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 | |
|---|---|---|---|---|---|---|
|
GLF
301
DELISTED
GulfMark Offshore, Inc. Common Stock
GLF
| $2.13M | 0.01% |
41,900
| – | – |
|
302
Vanguard Industrials ETF
VIS
$8.1B
| $2.05M | 0.01% |
+22,903
| New | +$1.99M |
|
|
LM
303
DELISTED
Legg Mason, Inc.
LM
| $2.03M | 0.01% |
+60,800
| New | +$2.04M |
|
304
State Street SPDR S&P 500 ETF Trust
SPY
$790B
| $2M | ﹤0.01% |
11,875
-25,378
| -68% | -$4.25M |
|
305
Camden Property Trust
CPT
$11B
| $1.87M | ﹤0.01% |
30,477
-26,643
| -47% | -$1.79M |
|
306
Horace Mann Educators
HMN
$2.1B
| $1.87M | ﹤0.01% |
65,925
| – | – |
|
|
BBBY
307
DELISTED
Bed Bath & Beyond Inc
BBBY
| $1.84M | ﹤0.01% |
23,835
+5,913
| +33% | +$443K |
|
|
308
Berkshire Hathaway Class A
BRK.A
$1.1T
| $1.7M | ﹤0.01% |
10
+2
| +25% | +$346K |
|
309
Altria Group
MO
$114B
| $1.69M | ﹤0.01% |
49,193
-1,025,634
| -95% | -$36.1M |
|
310
iShares MSCI EAFE ETF
EFA
$78B
| $1.67M | ﹤0.01% |
26,099
-314,582
| -92% | -$19.3M |
|
|
TECD
311
DELISTED
Tech Data Corp
TECD
| $1.62M | ﹤0.01% |
32,455
-547,803
| -94% | -$27.6M |
|
312
ConocoPhillips
COP
$147B
| $1.61M | ﹤0.01% |
23,198
+7,201
| +45% | +$480K |
|
|
BEAV
313
DELISTED
B/E Aerospace Inc
BEAV
| $1.61M | ﹤0.01% |
+30,106
| New | +$1.53M |
|
|
ACC
314
DELISTED
American Campus Communities, Inc.
ACC
| $1.57M | ﹤0.01% |
45,900
+10,150
| +28% | +$379K |
|
315
Affiliated Managers Group
AMG
$9.69B
| $1.49M | ﹤0.01% |
8,175
-12,700
| -61% | -$2.26M |
|
|
PETM
316
DELISTED
PETSMART INC
PETM
| $1.33M | ﹤0.01% |
17,500
-21
| -0.1% | -$1.52K |
|
317
Rio Tinto
RIO
$158B
| $1.3M | ﹤0.01% |
26,770
-77,900
| -74% | -$3.63M |
|
|
APC
318
DELISTED
Anadarko Petroleum
APC
| $1.26M | ﹤0.01% |
13,509
-3,570
| -21% | -$325K |
|
319
Fomento Económico Mexicano
FMX
$43.6B
| $1.24M | ﹤0.01% |
12,795
| – | – |
|
|
EMC
320
DELISTED
EMC CORPORATION
EMC
| $1.22M | ﹤0.01% |
47,561
-9,846
| -17% | -$256K |
|
321
Church & Dwight Co
CHD
$23.4B
| $1.21M | ﹤0.01% |
40,200
-60
| -0.1% | -$1.85K |
|
322
PPG Industries
PPG
$24.6B
| $1.19M | ﹤0.01% |
14,188
-3,054
| -18% | -$244K |
|
323
Franklin Resources
BEN
$17.6B
| $1.11M | ﹤0.01% |
22,065
-1,035
| -4% | -$50K |
|
324
iShares Russell 2000 Value ETF
IWN
$14.3B
| $1.03M | ﹤0.01% |
11,260
-7,028
| -38% | -$634K |
|
325
Verizon
VZ
$195B
| $1.03M | ﹤0.01% |
22,078
-947,320
| -98% | -$46.2M |
|
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.