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 |
Adobe
ADBE
|
+$312M |
| 2 |
Salesforce
CRM
|
+$299M |
| 3 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$263M |
| 4 |
Netflix
NFLX
|
+$250M |
| 5 |
ConocoPhillips
COP
|
+$246M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PepsiCo
PEP
|
+$755M |
| 2 |
Procter & Gamble
PG
|
+$520M |
| 3 |
UN
Unilever NV New York Registry Shares
UN
|
+$179M |
| 4 |
Televisa
TV
|
+$119M |
| 5 |
Vanguard Industrials ETF
VIS
|
+$81M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.39% |
| 2 | Financials | 12.97% |
| 3 | Healthcare | 11.55% |
| 4 | Consumer Discretionary | 8.66% |
| 5 | Energy | 7.16% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
301
Altria Group
MO
$114B
| $12.3M | 0.01% |
214,946
-22,565
| -10% | -$1.15M |
|
302
Steel Dynamics
STLD
$36B
| $12.2M | 0.01% |
347,155
+169,910
| +96% | +$6.04M |
|
303
Globe Life
GL
$14.2B
| $12.1M | 0.01% |
147,197
-17,164
| -10% | -$1.4M |
|
304
T. Rowe Price
TROW
$23.9B
| $12M | 0.01% |
120,345
-9,623
| -7% | -$928K |
|
|
NTUS
305
DELISTED
Natus Medical Inc
NTUS
| $12M | 0.01% |
472,547
-90,079
| -16% | -$2.69M |
|
306
Teleflex
TFX
$6.05B
| $12M | 0.01% |
39,674
-2,548
| -6% | -$710K |
|
307
APA Corp
APA
$13.2B
| $12M | 0.01% |
345,496
+324,258
| +1,527% | +$10.6M |
|
308
Patterson-UTI
PTEN
$3.98B
| $11.9M | 0.01% |
847,634
+189,061
| +29% | +$2.48M |
|
309
Mitsubishi UFJ Financial
MUFG
$253B
| $11.9M | 0.01% |
2,397,215
+21,296
| +0.9% | +$111K |
|
|
TPH
310
DELISTED
Tri Pointe Homes
TPH
| $11.9M | 0.01% |
938,128
| – | – |
|
|
GHL
311
DELISTED
Greenhill & Co., Inc.
GHL
| $11.8M | 0.01% |
549,668
-97,640
| -15% | -$2.42M |
|
|
WUBA
312
DELISTED
58.com Inc
WUBA
| $11.7M | 0.01% |
177,585
+23,962
| +16% | +$1.51M |
|
|
WNS
313
DELISTED
WNS Holdings
WNS
| $11.6M | 0.01% |
217,140
| – | – |
|
314
Vanguard FTSE Emerging Markets ETF
VWO
$121B
| $11.4M | 0.01% |
268,704
+19,592
| +8% | +$807K |
|
315
Nice
NICE
$5.79B
| $11.4M | 0.01% |
92,675
+8,812
| +11% | +$993K |
|
316
Zimmer Biomet
ZBH
$18.2B
| $11.3M | 0.01% |
90,881
-7,195
| -7% | -$818K |
|
317
IQVIA
IQV
$38.7B
| $11.2M | 0.01% |
77,790
-6,075
| -7% | -$810K |
|
318
Diodes
DIOD
$3.78B
| $11M | 0.01% |
316,000
+75,000
| +31% | +$2.69M |
|
319
Comcast
CMCSA
$85B
| $10.9M | 0.01% |
273,641
-31,461
| -10% | -$1.18M |
|
320
eBay
EBAY
$50.6B
| $10.8M | 0.01% |
+291,583
| New | +$10.1M |
|
321
RPC Inc
RES
$1.24B
| $10.8M | 0.01% |
946,206
+241,421
| +34% | +$2.58M |
|
322
Walt Disney
DIS
$167B
| $10.8M | 0.01% |
96,929
-7,811
| -7% | -$873K |
|
|
RDC
323
DELISTED
Rowan Companies Plc
RDC
| $10.6M | 0.01% |
979,479
+240,866
| +33% | +$2.81M |
|
324
Church & Dwight Co
CHD
$23.4B
| $10.5M | 0.01% |
147,834
-97,828
| -40% | -$6.44M |
|
325
Cincinnati Financial
CINF
$27.3B
| $10.3M | 0.01% |
119,424
-6,355
| -5% | -$524K |
|
Similar funds
Ken Fisher's Q1 2019 Portfolio in Review
As of Q1 2019, Ken Fisher held 944 positions worth $85.3B, up 17% from $73.2B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Ken Fisher's Q1 2019 filing shows 78 new, 319 increased, 366 reduced and 82 closed positions. Its largest new stake was Hess: 2,044,909 shares worth $123M. The largest sale was PepsiCo, an estimated $755M.
By sector, the portfolio is most concentrated in Technology at 18% of assets, up from 17% a quarter earlier, followed by Financials and Healthcare.
- Ken Fisher's largest Q1 2019 buy was Hess: 2,044,909 shares worth $123M.
- Ken Fisher added most to Adobe in Q1 2019, an estimated $312M increase.
- Ken Fisher's biggest Q1 2019 reduction was PepsiCo, cutting an estimated $755M.
- Ken Fisher fully exited Televisa in Q1 2019, selling an estimated $119M.
- Ken Fisher's ten largest holdings make up 26% of its $85.3B portfolio in Q1 2019.
- Ken Fisher opened 78 new positions and closed 82 in Q1 2019.
- Ken Fisher's portfolio value rose 17% quarter-over-quarter to $85.3B.
Based on Fisher Asset Management's 13F filing for Q1 2019, filed 22 Apr 2019.