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 |
iShares MSCI Europe Financials ETF
EUFN
|
+$427M |
| 2 |
iShares Global Energy ETF
IXC
|
+$357M |
| 3 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$322M |
| 4 |
iShares MSCI Spain ETF
EWP
|
+$194M |
| 5 |
FRLG
Large Cap Growth Index-Linked Exchange Traded Notes due 2028
FRLG
|
+$193M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TotalEnergies
TTE
|
+$208M |
| 2 |
ING
ING
|
+$123M |
| 3 |
Banco Bilbao Vizcaya Argentaria
BBVA
|
+$90.3M |
| 4 |
Banco Santander
SAN
|
+$82.1M |
| 5 |
Freeport-McMoran
FCX
|
+$57.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.57% |
| 2 | Financials | 12.78% |
| 3 | Healthcare | 11.18% |
| 4 | Consumer Discretionary | 8.38% |
| 5 | Energy | 6.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
301
Steel Dynamics
STLD
$36B
| $13.6M | 0.02% |
450,376
+103,221
| +30% | +$3.16M |
|
302
T. Rowe Price
TROW
$23.9B
| $13.3M | 0.01% |
121,185
+840
| +0.7% | +$88.4K |
|
303
3M
MMM
$90.9B
| $13.3M | 0.01% |
91,707
-59,988
| -40% | -$9.23M |
|
304
Acadia Realty Trust
AKR
$3.09B
| $13.2M | 0.01% |
480,580
-8,382
| -2% | -$235K |
|
305
eBay
EBAY
$50.6B
| $13.1M | 0.01% |
331,871
+40,288
| +14% | +$1.51M |
|
306
Northwest Natural Holdings
NWN
$2.06B
| $13.1M | 0.01% |
188,526
| – | – |
|
307
Teleflex
TFX
$6.05B
| $13M | 0.01% |
39,353
-321
| -0.8% | -$96.9K |
|
308
Walt Disney
DIS
$167B
| $12.9M | 0.01% |
92,241
-4,688
| -5% | -$622K |
|
309
iShares Semiconductor ETF
SOXX
$41.7B
| $12.8M | 0.01% |
+194,142
| New | +$12.7M |
|
310
Vanguard FTSE Emerging Markets ETF
VWO
$121B
| $12.5M | 0.01% |
293,800
+25,096
| +9% | +$1.06M |
|
311
IQVIA
IQV
$38.7B
| $12.4M | 0.01% |
77,289
-501
| -0.6% | -$70.3K |
|
312
Cincinnati Financial
CINF
$27.3B
| $12.3M | 0.01% |
118,508
-916
| -0.8% | -$87.9K |
|
|
WNS
313
DELISTED
WNS Holdings
WNS
| $12.3M | 0.01% |
207,283
-9,857
| -5% | -$554K |
|
314
Mueller Industries
MLI
$14.7B
| $12.3M | 0.01% |
1,675,128
-34,616
| -2% | -$253K |
|
|
NTUS
315
DELISTED
Natus Medical Inc
NTUS
| $12.1M | 0.01% |
472,909
+362
| +0.1% | +$9.22K |
|
316
PTC Therapeutics
PTCT
$5.64B
| $12M | 0.01% |
267,728
+135,289
| +102% | +$5.34M |
|
|
LM
317
DELISTED
Legg Mason, Inc.
LM
| $11.9M | 0.01% |
311,024
-17,562
| -5% | -$607K |
|
318
Nucor
NUE
$58.6B
| $11.7M | 0.01% |
212,450
+64,197
| +43% | +$3.53M |
|
319
Diodes
DIOD
$3.78B
| $11.5M | 0.01% |
316,000
| – | – |
|
|
TPH
320
DELISTED
Tri Pointe Homes
TPH
| $11.2M | 0.01% |
938,128
| – | – |
|
321
AeroVironment
AVAV
$7.56B
| $11.1M | 0.01% |
195,630
+54,403
| +39% | +$3.58M |
|
322
Amdocs
DOX
$5.92B
| $10.9M | 0.01% |
175,519
-1,439
| -0.8% | -$83.1K |
|
323
Comcast
CMCSA
$85B
| $10.9M | 0.01% |
256,920
-16,721
| -6% | -$705K |
|
324
Nice
NICE
$5.79B
| $10.8M | 0.01% |
78,843
-13,832
| -15% | -$1.87M |
|
325
Globe Life
GL
$14.2B
| $10.7M | 0.01% |
119,448
-27,749
| -19% | -$2.42M |
|
Similar funds
Ken Fisher's Q2 2019 Portfolio in Review
As of Q2 2019, Ken Fisher held 967 positions worth $90.5B, up 6% from $85.3B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Ken Fisher's Q2 2019 filing shows 105 new, 388 increased, 294 reduced and 65 closed positions. Its largest new stake was State Street SPDR S&P Metals & Mining ETF: 3,272,430 shares worth $92.9M. The largest sale was TotalEnergies, an estimated $208M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 18% a quarter earlier, followed by Financials and Healthcare.
- Ken Fisher's largest Q2 2019 buy was State Street SPDR S&P Metals & Mining ETF: 3,272,430 shares worth $92.9M.
- Ken Fisher added most to iShares MSCI Europe Financials ETF in Q2 2019, an estimated $427M increase.
- Ken Fisher's biggest Q2 2019 reduction was TotalEnergies, cutting an estimated $208M.
- Ken Fisher fully exited Rowan Companies Plc in Q2 2019, selling an estimated $10.6M.
- Ken Fisher's ten largest holdings make up 27% of its $90.5B portfolio in Q2 2019.
- Ken Fisher opened 105 new positions and closed 65 in Q2 2019.
- Ken Fisher's portfolio value rose 6% quarter-over-quarter to $90.5B.
Based on Fisher Asset Management's 13F filing for Q2 2019, filed 30 Jul 2019.