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 |
BAY
BAYER AG SPONS ADR
BAY
|
+$535M |
| 2 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$124M |
| 3 |
Banco Bradesco
BBD
|
+$98.1M |
| 4 |
Itaú Unibanco
ITUB
|
+$94.1M |
| 5 |
FIHD
UBS AG FI Enhanced Global High Yield ETN
FIHD
|
+$80.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PRXL
Parexel International Corp
PRXL
|
+$184M |
| 2 |
IRY
SPDR S&P International Health Care Sector
IRY
|
+$143M |
| 3 |
DFT
DuPont Fabros Technology Inc.
DFT
|
+$72.5M |
| 4 |
PNC Financial Services
PNC
|
+$31M |
| 5 |
HDFC Bank
HDB
|
+$26.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.92% |
| 2 | Technology | 13.57% |
| 3 | Healthcare | 12.73% |
| 4 | Consumer Discretionary | 8.41% |
| 5 | Communication Services | 6.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
PF
301
DELISTED
Pinnacle Foods, Inc.
PF
| $8.95M | 0.01% |
+156,476
| New | +$9.28M |
|
302
Valero Energy
VLO
$92.6B
| $8.93M | 0.01% |
116,076
-1,146
| -1% | -$78.9K |
|
|
SHPG
303
DELISTED
Shire pic
SHPG
| $8.79M | 0.01% |
57,419
+1,619
| +3% | +$254K |
|
304
Unum
UNM
$13.7B
| $8.57M | 0.01% |
167,578
-1,490
| -0.9% | -$72.7K |
|
|
LOGM
305
DELISTED
LogMein, Inc.
LOGM
| $8.49M | 0.01% |
77,168
+12,946
| +20% | +$1.45M |
|
|
LM
306
DELISTED
Legg Mason, Inc.
LM
| $8.42M | 0.01% |
214,200
+33
| +0% | +$1.27K |
|
307
BorgWarner
BWA
$13.2B
| $8.23M | 0.01% |
182,532
-1,652
| -0.9% | -$67.5K |
|
|
VRE
308
DELISTED
Veris Residential
VRE
| $8.11M | 0.01% |
341,830
| – | – |
|
309
Huazhu Hotels Group
HTHT
$13B
| $7.86M | 0.01% |
264,548
+800
| +0.3% | +$20.7K |
|
|
WNS
310
DELISTED
WNS Holdings
WNS
| $7.7M | 0.01% |
210,958
| – | – |
|
311
Ligand Pharmaceuticals
LGND
$5.94B
| $7.67M | 0.01% |
90,337
-6,324
| -7% | -$501K |
|
312
Edgewell Personal Care
EPC
$1.26B
| $7.58M | 0.01% |
104,097
+630
| +0.6% | +$46.4K |
|
313
Vanguard FTSE Emerging Markets ETF
VWO
$119B
| $7.43M | 0.01% |
170,549
+12,256
| +8% | +$530K |
|
314
Merit Medical Systems
MMSI
$4.97B
| $7.32M | 0.01% |
172,758
+13,241
| +8% | +$534K |
|
315
Old Republic International
ORI
$10.6B
| $7.3M | 0.01% |
370,544
-500
| -0.1% | -$9.69K |
|
316
Hain Celestial
HAIN
$44.4M
| $7.23M | 0.01% |
175,593
+8,327
| +5% | +$344K |
|
317
Viavi Solutions
VIAV
$8.65B
| $7.17M | 0.01% |
757,640
+295,185
| +64% | +$3.08M |
|
318
SS&C Technologies
SSNC
$18.6B
| $7.14M | 0.01% |
177,900
+35,625
| +25% | +$1.37M |
|
319
Marvell Technology
MRVL
$165B
| $7.13M | 0.01% |
+398,600
| New | +$6.64M |
|
|
STMP
320
DELISTED
Stamps.com, Inc.
STMP
| $7.12M | 0.01% |
35,142
+3,064
| +10% | +$562K |
|
321
Republic Services
RSG
$65B
| $7.02M | 0.01% |
106,279
+72,754
| +217% | +$4.73M |
|
|
IMPV
322
DELISTED
Imperva, Inc.
IMPV
| $7M | 0.01% |
161,308
-12,149
| -7% | -$554K |
|
323
iShares Global Comm Services ETF
IXP
$520M
| $6.97M | 0.01% |
115,454
+12,005
| +12% | +$718K |
|
|
PCH
324
DELISTED
PotlatchDeltic
PCH
| $6.91M | 0.01% |
135,508
+1,694
| +1% | +$80.2K |
|
325
FormFactor
FORM
$8.21B
| $6.87M | 0.01% |
407,914
+14,481
| +4% | +$206K |
|
Similar funds
Ken Fisher's Q3 2017 Portfolio in Review
As of Q3 2017, Ken Fisher held 922 positions worth $71.3B, up 7.5% from $66.3B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Fisher's Q3 2017 filing shows 120 new, 343 increased, 284 reduced and 79 closed positions. Its largest new stake was Coresite Realty Corporation: 286,849 shares worth $32.1M. The largest sale was Parexel International Corp, an estimated $184M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, up from 18% a quarter earlier, followed by Technology and Healthcare.
- Ken Fisher's largest Q3 2017 buy was Coresite Realty Corporation: 286,849 shares worth $32.1M.
- Ken Fisher added most to BAYER AG SPONS ADR in Q3 2017, an estimated $535M increase.
- Ken Fisher's biggest Q3 2017 reduction was PNC Financial Services, cutting an estimated $31M.
- Ken Fisher fully exited Parexel International Corp in Q3 2017, selling an estimated $184M.
- Ken Fisher's ten largest holdings make up 23% of its $71.3B portfolio in Q3 2017.
- Ken Fisher opened 120 new positions and closed 79 in Q3 2017.
- Ken Fisher's portfolio value rose 7.5% quarter-over-quarter to $71.3B.
Based on Fisher Asset Management's 13F filing for Q3 2017, filed 17 Oct 2017.