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 | |
|---|---|---|---|---|---|---|
301
Ross Stores
ROST
$81B
| $8.36M | 0.01% |
144,860
+167
| +0.1% | +$10.4K |
|
|
IMPV
302
DELISTED
Imperva, Inc.
IMPV
| $8.3M | 0.01% |
173,457
| – | – |
|
|
LM
303
DELISTED
Legg Mason, Inc.
LM
| $8.17M | 0.01% |
214,167
+10,467
| +5% | +$396K |
|
304
Valero Energy
VLO
$92.6B
| $7.91M | 0.01% |
117,222
+87
| +0.1% | +$5.64K |
|
305
Unum
UNM
$13.7B
| $7.88M | 0.01% |
169,068
-6,334
| -4% | -$291K |
|
306
Halozyme
HALO
$9.88B
| $7.87M | 0.01% |
614,021
-2,490
| -0.4% | -$33.3K |
|
307
Edgewell Personal Care
EPC
$1.26B
| $7.87M | 0.01% |
103,467
+33,745
| +48% | +$2.48M |
|
308
Lumentum
LITE
$53.9B
| $7.75M | 0.01% |
135,898
-370
| -0.3% | -$19.8K |
|
309
Ligand Pharmaceuticals
LGND
$5.94B
| $7.32M | 0.01% |
96,661
-144
| -0.1% | -$10.1K |
|
|
WNS
310
DELISTED
WNS Holdings
WNS
| $7.25M | 0.01% |
210,958
| – | – |
|
311
Old Republic International
ORI
$10.6B
| $7.25M | 0.01% |
371,044
+1,440
| +0.4% | +$28.7K |
|
312
Northern Trust
NTRS
$22.4B
| $7.08M | 0.01% |
72,859
-321
| -0.4% | -$28.9K |
|
313
BorgWarner
BWA
$13.2B
| $6.87M | 0.01% |
184,184
-11,617
| -6% | -$421K |
|
|
CA
314
DELISTED
CA, Inc.
CA
| $6.73M | 0.01% |
195,274
+2,007
| +1% | +$64.9K |
|
|
LOGM
315
DELISTED
LogMein, Inc.
LOGM
| $6.71M | 0.01% |
64,222
+35
| +0.1% | +$3.83K |
|
316
Essex Property Trust
ESS
$18.1B
| $6.6M | 0.01% |
25,665
+63
| +0.2% | +$15.8K |
|
317
Nice
NICE
$5.79B
| $6.6M | 0.01% |
83,837
-220
| -0.3% | -$16.3K |
|
318
Hain Celestial
HAIN
$44.4M
| $6.49M | 0.01% |
167,266
| – | – |
|
319
Vanguard FTSE Emerging Markets ETF
VWO
$119B
| $6.46M | 0.01% |
158,293
+152,799
| +2,781% | +$6.19M |
|
320
Cencora
COR
$60.7B
| $6.4M | 0.01% |
67,736
-223
| -0.3% | -$19.9K |
|
321
Energizer
ENR
$1.44B
| $6.4M | 0.01% |
133,333
+56,525
| +74% | +$3.07M |
|
322
Alkermes
ALKS
$8.39B
| $6.39M | 0.01% |
110,212
-195
| -0.2% | -$11.3K |
|
323
Ultrapar
UGP
$6.9B
| $6.21M | 0.01% |
527,856
-30,710
| -5% | -$354K |
|
|
PCH
324
DELISTED
PotlatchDeltic
PCH
| $6.12M | 0.01% |
133,814
-9,040
| -6% | -$416K |
|
325
J&J Snack Foods
JJSF
$1.44B
| $6.11M | 0.01% |
46,259
-3,200
| -6% | -$427K |
|
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.