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 | |
|---|---|---|---|---|---|---|
326
Nice
NICE
$5.79B
| $6.82M | 0.01% |
83,837
| – | – |
|
327
Apogee Enterprises
APOG
$832M
| $6.8M | 0.01% |
+141,000
| New | +$6.93M |
|
|
ANSS
328
DELISTED
Ansys
ANSS
| $6.74M | 0.01% |
54,874
-24,675
| -31% | -$3.1M |
|
329
Lumentum
LITE
$53.9B
| $6.71M | 0.01% |
123,550
-12,348
| -9% | -$718K |
|
330
Qiagen
QGEN
$8.55B
| $6.64M | 0.01% |
+198,806
| New | +$6.85M |
|
331
Northern Trust
NTRS
$22.4B
| $6.61M | 0.01% |
71,846
-1,013
| -1% | -$91.5K |
|
332
Essex Property Trust
ESS
$18.1B
| $6.57M | 0.01% |
25,849
+184
| +0.7% | +$48.1K |
|
|
CA
333
DELISTED
CA, Inc.
CA
| $6.51M | 0.01% |
194,989
-285
| -0.1% | -$9.43K |
|
334
Omnicom Group
OMC
$21.8B
| $6.49M | 0.01% |
87,670
-19,509
| -18% | -$1.5M |
|
335
Ultrapar
UGP
$6.9B
| $6.32M | 0.01% |
530,600
+2,744
| +0.5% | +$32.3K |
|
336
Camden Property Trust
CPT
$11.2B
| $6.29M | 0.01% |
68,762
+37,558
| +120% | +$3.38M |
|
|
B
337
DELISTED
Barnes Group Inc.
B
| $6.27M | 0.01% |
+89,072
| New | +$5.53M |
|
338
Anika Therapeutics
ANIK
$242M
| $6.13M | 0.01% |
105,716
+24,812
| +31% | +$1.3M |
|
|
DASTY
339
DELISTED
DASSAULT SYSTEMES SA ADR
DASTY
| $6.04M | 0.01% |
59,676
+128
| +0.2% | +$13K |
|
340
Piper Sandler
PIPR
$5.15B
| $6.02M | 0.01% |
405,816
+36,328
| +10% | +$536K |
|
341
Progressive
PGR
$124B
| $5.88M | 0.01% |
121,387
-1,775
| -1% | -$83K |
|
342
Strategy Inc
MSTR
$35.7B
| $5.88M | 0.01% |
460,000
| – | – |
|
343
United Rentals
URI
$66.5B
| $5.75M | 0.01% |
41,407
+32,217
| +351% | +$3.85M |
|
344
J&J Snack Foods
JJSF
$1.44B
| $5.71M | 0.01% |
43,514
-2,745
| -6% | -$354K |
|
345
iShares Europe ETF
IEV
$1.68B
| $5.7M | 0.01% |
121,678
-6,956
| -5% | -$317K |
|
|
JNPR
346
DELISTED
Juniper Networks
JNPR
| $5.62M | 0.01% |
201,899
-7,531
| -4% | -$211K |
|
347
Alkermes
ALKS
$8.39B
| $5.6M | 0.01% |
110,144
-68
| -0.1% | -$3.64K |
|
348
Walker & Dunlop
WD
$1.68B
| $5.56M | 0.01% |
106,182
+3,986
| +4% | +$194K |
|
349
Cencora
COR
$60.7B
| $5.52M | 0.01% |
66,678
-1,058
| -2% | -$89.8K |
|
350
Ameris Bancorp
ABCB
$5.88B
| $5.51M | 0.01% |
114,796
+5,684
| +5% | +$258K |
|
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.