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 |
Mastercard
MA
|
+$915M |
| 2 |
Meta Platforms (Facebook)
META
|
+$693M |
| 3 |
Salesforce
CRM
|
+$618M |
| 4 |
Walt Disney
DIS
|
+$559M |
| 5 |
Nike
NKE
|
+$545M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Johnson & Johnson
JNJ
|
+$1.51B |
| 2 |
Pfizer
PFE
|
+$1.43B |
| 3 |
UBS Group
UBS
|
+$588M |
| 4 |
HSBC
HSBC
|
+$537M |
| 5 |
Procter & Gamble
PG
|
+$439M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 24.07% |
| 2 | Consumer Discretionary | 10.99% |
| 3 | Financials | 10.93% |
| 4 | Healthcare | 10.39% |
| 5 | Communication Services | 6.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
326
Elbit Systems
ESLT
$40.3B
| $4.88M | 0.01% |
38,242
+14,112
| +58% | +$2.07M |
|
327
Texas Capital Bancshares
TCBI
$4.32B
| $4.84M | 0.01% |
218,235
+3,480
| +2% | +$161K |
|
328
FormFactor
FORM
$9.17B
| $4.83M | 0.01% |
240,177
-20,923
| -8% | -$500K |
|
329
United Parcel Service
UPS
$88.9B
| $4.81M | 0.01% |
51,447
+4,591
| +10% | +$476K |
|
330
Cemex
CX
$16.3B
| $4.8M | 0.01% |
2,262,363
-1,233
| -0.1% | -$4.17K |
|
|
GHL
331
DELISTED
Greenhill & Co., Inc.
GHL
| $4.71M | 0.01% |
478,447
-29,002
| -6% | -$424K |
|
332
Century Aluminum
CENX
$5.07B
| $4.63M | 0.01% |
1,278,976
-12,627
| -1% | -$70.7K |
|
333
Booking.com
BKNG
$161B
| $4.61M | 0.01% |
85,750
+61,850
| +259% | +$4.34M |
|
334
Bank of America
BAC
$442B
| $4.6M | 0.01% |
216,610
-25,714
| -11% | -$771K |
|
335
Diamondback Energy
FANG
$52.7B
| $4.59M | 0.01% |
175,185
+2,400
| +1% | +$151K |
|
|
JOBS
336
DELISTED
51job Inc
JOBS
| $4.5M | 0.01% |
73,255
-3,876
| -5% | -$295K |
|
337
ProPetro Holding
PUMP
$1.35B
| $4.38M | 0.01% |
1,752,416
-380,641
| -18% | -$3.06M |
|
|
ICPT
338
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $4.24M | 0.01% |
67,258
-7,958
| -11% | -$715K |
|
339
iShares Expanded Tech-Software Sector ETF
IGV
$14.5B
| $4.22M | 0.01% |
100,270
+43,980
| +78% | +$2.08M |
|
340
Synopsys
SNPS
$79.7B
| $4.21M | 0.01% |
32,711
-779
| -2% | -$111K |
|
|
CCMP
341
DELISTED
CMC Materials, Inc. Common Stock
CCMP
| $4.13M | 0.01% |
36,192
-5,148
| -12% | -$718K |
|
|
PDCE
342
DELISTED
PDC Energy, Inc.
PDCE
| $4.12M | 0.01% |
+662,632
| New | +$11.9M |
|
343
Sarepta Therapeutics
SRPT
$1.77B
| $4M | 0.01% |
40,859
+6,633
| +19% | +$758K |
|
344
iShares US Medical Devices ETF
IHI
$3.38B
| $3.88M | ﹤0.01% |
+103,308
| New | +$4.35M |
|
345
Piper Sandler
PIPR
$5.29B
| $3.86M | ﹤0.01% |
305,228
-10,476
| -3% | -$187K |
|
346
United Rentals
URI
$72.4B
| $3.86M | ﹤0.01% |
37,503
+335
| +0.9% | +$44.4K |
|
347
Vanguard Morningstar Growth ETF
VUG
$231B
| $3.85M | ﹤0.01% |
147,534
+138,006
| +1,448% | +$4.13M |
|
|
LHCG
348
DELISTED
LHC Group LLC
LHCG
| $3.83M | ﹤0.01% |
27,344
-2,685
| -9% | -$374K |
|
349
Kimberly-Clark
KMB
$36.5B
| $3.82M | ﹤0.01% |
29,868
+1,923
| +7% | +$266K |
|
|
ETFC
350
DELISTED
E*Trade Financial Corporation
ETFC
| $3.71M | ﹤0.01% |
108,219
-18,900
| -15% | -$799K |
|
Similar funds
Ken Fisher's Q1 2020 Portfolio in Review
As of Q1 2020, Ken Fisher held 982 positions worth $80.6B, down 19% from $99B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Ken Fisher's Q1 2020 filing shows 84 new, 262 increased, 421 reduced and 116 closed positions. Its largest new stake was Advanced Micro Devices: 7,132,669 shares worth $324M. The largest sale was Johnson & Johnson, an estimated $1.51B.
By sector, the portfolio is most concentrated in Technology at 24% of assets, up from 21% a quarter earlier, followed by Consumer Discretionary and Financials.
- Ken Fisher's largest Q1 2020 buy was Advanced Micro Devices: 7,132,669 shares worth $324M.
- Ken Fisher added most to Mastercard in Q1 2020, an estimated $915M increase.
- Ken Fisher's biggest Q1 2020 reduction was Johnson & Johnson, cutting an estimated $1.51B.
- Ken Fisher fully exited Ambev in Q1 2020, selling an estimated $89.9M.
- Ken Fisher's ten largest holdings make up 31% of its $80.6B portfolio in Q1 2020.
- Ken Fisher opened 84 new positions and closed 116 in Q1 2020.
- Ken Fisher's portfolio value fell 19% quarter-over-quarter to $80.6B.
Based on Fisher Asset Management's 13F filing for Q1 2020, filed 28 Apr 2020.