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 | |
|---|---|---|---|---|---|---|
351
Evercore
EVR
$12.1B
| $4.57M | 0.01% |
64,848
-5,841
| -8% | -$425K |
|
352
Affiliated Managers Group
AMG
$9.65B
| $4.55M | 0.01% |
27,448
+150
| +0.5% | +$23.9K |
|
353
Hyster-Yale Materials Handling
HY
$600M
| $4.37M | 0.01% |
62,214
-155
| -0.2% | -$10.6K |
|
354
Independent Bank
INDB
$4.02B
| $4.33M | 0.01% |
64,894
+11,554
| +22% | +$736K |
|
355
SLB Ltd
SLB
$72.6B
| $4.27M | 0.01% |
64,862
-4,116,824
| -98% | -$295M |
|
|
CCMP
356
DELISTED
CMC Materials, Inc. Common Stock
CCMP
| $4.18M | 0.01% |
56,613
+15,858
| +39% | +$1.2M |
|
|
PDCO
357
DELISTED
Patterson Companies, Inc.
PDCO
| $4.06M | 0.01% |
+86,482
| New | +$3.9M |
|
|
AMRI
358
DELISTED
Albany Molecular Research Inc
AMRI
| $4.01M | 0.01% |
184,589
+40,172
| +28% | +$729K |
|
359
Anika Therapeutics
ANIK
$242M
| $3.99M | 0.01% |
80,904
+10,751
| +15% | +$495K |
|
|
AFAM
360
DELISTED
Almost Family Inc
AFAM
| $3.95M | 0.01% |
64,123
+13,762
| +27% | +$753K |
|
|
RDS.A
361
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $3.9M | 0.01% |
73,355
+8,351
| +13% | +$447K |
|
|
FCB
362
DELISTED
FCB Financial Holdings, Inc.
FCB
| $3.84M | 0.01% |
80,498
+19,047
| +31% | +$901K |
|
363
Ironwood Pharmaceuticals
IRWD
$614M
| $3.83M | 0.01% |
242,203
| – | – |
|
364
CVB Financial
CVBF
$4B
| $3.8M | 0.01% |
169,292
+38,106
| +29% | +$815K |
|
365
Installed Building Products
IBP
$6.07B
| $3.79M | 0.01% |
71,588
+19,576
| +38% | +$1.01M |
|
|
MDC
366
DELISTED
M.D.C. Holdings, Inc.
MDC
| $3.78M | 0.01% |
134,914
+37,732
| +39% | +$988K |
|
367
Columbia Banking Systems
COLB
$8.84B
| $3.77M | 0.01% |
94,574
+27,686
| +41% | +$1.08M |
|
368
Central Pacific Financial
CPF
$1.02B
| $3.66M | 0.01% |
116,381
+29,971
| +35% | +$928K |
|
369
8x8 Inc
EGHT
$262M
| $3.61M | 0.01% |
248,147
+59,521
| +32% | +$844K |
|
|
COWN
370
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $3.5M | 0.01% |
215,366
+52,272
| +32% | +$780K |
|
371
Amphastar Pharmaceuticals
AMPH
$899M
| $3.49M | 0.01% |
195,547
+44,492
| +29% | +$706K |
|
372
M/I Homes
MHO
$3.87B
| $3.41M | 0.01% |
119,535
+29,492
| +33% | +$802K |
|
373
IBM
IBM
$209B
| $3.39M | 0.01% |
23,042
+1,939
| +9% | +$292K |
|
|
LABL
374
DELISTED
Multi-Color Corp
LABL
| $3.33M | 0.01% |
40,806
+9,580
| +31% | +$756K |
|
375
Comfort Systems
FIX
$59.8B
| $3.27M | ﹤0.01% |
87,997
+20,367
| +30% | +$723K |
|
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.