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 |
TotalEnergies
TTE
|
+$988M |
| 2 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$354M |
| 3 |
BP
BP
|
+$285M |
| 4 |
Freeport-McMoran
FCX
|
+$269M |
| 5 |
Rio Tinto
RIO
|
+$263M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Berkshire Hathaway Class B
BRK.B
|
+$612M |
| 2 |
BAY
BAYER AG SPONS ADR
BAY
|
+$441M |
| 3 |
Johnson & Johnson
JNJ
|
+$247M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$189M |
| 5 |
Vodafone
VOD
|
+$164M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.26% |
| 2 | Financials | 13.72% |
| 3 | Healthcare | 11.39% |
| 4 | Consumer Discretionary | 8.65% |
| 5 | Energy | 5.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
326
Vanguard FTSE Emerging Markets ETF
VWO
$121B
| $9.32M | 0.01% |
227,381
+2,652
| +1% | +$112K |
|
327
Labcorp
LH
$25B
| $9.32M | 0.01% |
62,443
-6,127
| -9% | -$932K |
|
|
NFX
328
DELISTED
Newfield Exploration
NFX
| $9.24M | 0.01% |
320,599
+87,897
| +38% | +$2.47M |
|
329
iShares Global Healthcare ETF
IXJ
$4.08B
| $9.17M | 0.01% |
145,589
+61,040
| +72% | +$3.69M |
|
330
WisdomTree
WT
$3.2B
| $9.14M | 0.01% |
1,077,957
| – | – |
|
331
Cincinnati Financial
CINF
$27.2B
| $9.13M | 0.01% |
118,936
-7,864
| -6% | -$586K |
|
332
Nucor
NUE
$59.4B
| $8.94M | 0.01% |
140,846
+37,609
| +36% | +$2.41M |
|
333
SS&C Technologies
SSNC
$18.6B
| $8.91M | 0.01% |
156,816
+18,416
| +13% | +$1.02M |
|
334
Henry Schein
HSIC
$9.88B
| $8.61M | 0.01% |
129,113
-13,157
| -9% | -$819K |
|
335
Ziff Davis
ZD
$1.99B
| $8.58M | 0.01% |
119,086
-1,808
| -1% | -$132K |
|
336
Halozyme
HALO
$9.78B
| $8.13M | 0.01% |
447,338
-6,314
| -1% | -$111K |
|
337
Diodes
DIOD
$3.76B
| $8.03M | 0.01% |
241,298
+198
| +0.1% | +$7.16K |
|
338
Weyerhaeuser
WY
$18.2B
| $8.01M | 0.01% |
248,277
-26,164
| -10% | -$908K |
|
339
Piper Sandler
PIPR
$5.12B
| $7.99M | 0.01% |
418,656
+108,776
| +35% | +$2.09M |
|
340
Prologis
PLD
$134B
| $7.88M | 0.01% |
116,270
-11,432
| -9% | -$752K |
|
341
Extra Space Storage
EXR
$31.5B
| $7.81M | 0.01% |
90,179
-57,212
| -39% | -$5.31M |
|
342
Viavi Solutions
VIAV
$9.28B
| $7.79M | 0.01% |
686,576
-125
| -0% | -$1.35K |
|
343
Merit Medical Systems
MMSI
$5.11B
| $7.41M | 0.01% |
120,624
-22,200
| -16% | -$1.28M |
|
344
Steel Dynamics
STLD
$37B
| $7.39M | 0.01% |
163,558
+25,118
| +18% | +$1.16M |
|
345
Energizer
ENR
$1.46B
| $7.38M | 0.01% |
125,841
| – | – |
|
346
Transocean
RIG
$5.7B
| $7.38M | 0.01% |
+528,909
| New | +$6.57M |
|
347
Lumentum
LITE
$60.7B
| $7.23M | 0.01% |
120,562
+16,545
| +16% | +$990K |
|
|
LOGM
348
DELISTED
LogMein, Inc.
LOGM
| $7M | 0.01% |
78,553
+1,367
| +2% | +$124K |
|
349
Huazhu Hotels Group
HTHT
$13.1B
| $7M | 0.01% |
216,601
-184
| -0.1% | -$6.47K |
|
|
VRE
350
DELISTED
Veris Residential
VRE
| $6.96M | 0.01% |
327,405
| – | – |
|
Similar funds
Ken Fisher's Q3 2018 Portfolio in Review
As of Q3 2018, Ken Fisher held 943 positions worth $82.4B, up 6.9% from $77B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Ken Fisher's Q3 2018 filing shows 81 new, 327 increased, 378 reduced and 73 closed positions. Its largest new stake was Adobe: 408,693 shares worth $110M. The largest sale was Berkshire Hathaway Class B, an estimated $612M.
By sector, the portfolio is most concentrated in Technology at 16% of assets, up from 15% a quarter earlier, followed by Financials and Healthcare.
- Ken Fisher's largest Q3 2018 buy was Adobe: 408,693 shares worth $110M.
- Ken Fisher added most to TotalEnergies in Q3 2018, an estimated $988M increase.
- Ken Fisher's biggest Q3 2018 reduction was Berkshire Hathaway Class B, cutting an estimated $612M.
- Ken Fisher fully exited Cavium, Inc. in Q3 2018, selling an estimated $56.9M.
- Ken Fisher's ten largest holdings make up 27% of its $82.4B portfolio in Q3 2018.
- Ken Fisher opened 81 new positions and closed 73 in Q3 2018.
- Ken Fisher's portfolio value rose 6.9% quarter-over-quarter to $82.4B.
Based on Fisher Asset Management's 13F filing for Q3 2018, filed 24 Oct 2018.