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 | |
|---|---|---|---|---|---|---|
326
Merit Medical Systems
MMSI
$4.97B
| $6.09M | 0.01% |
159,517
+38,277
| +32% | +$1.28M |
|
327
iShares Global Comm Services ETF
IXP
$520M
| $6.05M | 0.01% |
+103,449
| New | +$6.17M |
|
328
Regions Financial
RF
$26.3B
| $5.94M | 0.01% |
405,789
-438,288
| -52% | -$6.17M |
|
|
JNPR
329
DELISTED
Juniper Networks
JNPR
| $5.84M | 0.01% |
209,430
-1,405
| -0.7% | -$40.8K |
|
330
iShares Europe ETF
IEV
$1.68B
| $5.7M | 0.01% |
128,634
+10,832
| +9% | +$477K |
|
|
CATM
331
DELISTED
Cardtronics plc Class A Ordinary Shares (UK)
CATM
| $5.59M | 0.01% |
170,000
| – | – |
|
332
Piper Sandler
PIPR
$5.15B
| $5.54M | 0.01% |
369,488
+89,104
| +32% | +$1.34M |
|
333
SS&C Technologies
SSNC
$18.6B
| $5.46M | 0.01% |
142,275
| – | – |
|
334
Progressive
PGR
$124B
| $5.43M | 0.01% |
123,162
-5,469
| -4% | -$227K |
|
335
Altria Group
MO
$113B
| $5.42M | 0.01% |
72,772
+1,962
| +3% | +$144K |
|
|
DASTY
336
DELISTED
DASSAULT SYSTEMES SA ADR
DASTY
| $5.33M | 0.01% |
59,548
+841
| +1% | +$75.3K |
|
337
Huazhu Hotels Group
HTHT
$13B
| $5.32M | 0.01% |
263,748
| – | – |
|
338
Ameris Bancorp
ABCB
$5.88B
| $5.26M | 0.01% |
109,112
+26,443
| +32% | +$1.21M |
|
339
Nucor
NUE
$58.5B
| $5.18M | 0.01% |
89,599
+428
| +0.5% | +$25.1K |
|
|
GWB
340
DELISTED
Great Western Bancorp, Inc.
GWB
| $5.09M | 0.01% |
124,663
+30,808
| +33% | +$1.24M |
|
|
SFBS
341
ServisFirst Bancshares
SFBS
$4.88B
| $5.02M | 0.01% |
136,074
+32,957
| +32% | +$1.2M |
|
342
Kroger
KR
$35.4B
| $5M | 0.01% |
214,609
+2,111
| +1% | +$59.9K |
|
343
Walker & Dunlop
WD
$1.68B
| $4.99M | 0.01% |
102,196
+31,810
| +45% | +$1.48M |
|
|
STMP
344
DELISTED
Stamps.com, Inc.
STMP
| $4.97M | 0.01% |
32,078
+7,142
| +29% | +$899K |
|
345
PetMed Express
PETS
$42.3M
| $4.93M | 0.01% |
121,321
+34,962
| +40% | +$1.08M |
|
346
FormFactor
FORM
$8.21B
| $4.88M | 0.01% |
393,433
+106,901
| +37% | +$1.38M |
|
347
Viavi Solutions
VIAV
$8.65B
| $4.87M | 0.01% |
462,455
-1,845
| -0.4% | -$19.9K |
|
348
Eagle Bancorp
EGBN
$838M
| $4.68M | 0.01% |
73,927
+11,829
| +19% | +$707K |
|
349
Harley-Davidson
HOG
$2.59B
| $4.67M | 0.01% |
86,378
-10,475
| -11% | -$583K |
|
350
Check Point Software Technologies
CHKP
$13.1B
| $4.62M | 0.01% |
42,340
+40
| +0.1% | +$4.32K |
|
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.