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 | |
|---|---|---|---|---|---|---|
351
Evercore
EVR
$12.1B
| $5.28M | 0.01% |
65,841
+993
| +2% | +$74.7K |
|
|
SFBS
352
ServisFirst Bancshares
SFBS
$4.88B
| $5.13M | 0.01% |
132,028
-4,046
| -3% | -$144K |
|
353
Affiliated Managers Group
AMG
$9.65B
| $5.11M | 0.01% |
26,904
-544
| -2% | -$96.8K |
|
354
Eagle Bancorp
EGBN
$838M
| $4.99M | 0.01% |
74,352
+425
| +0.6% | +$26.7K |
|
|
GWB
355
DELISTED
Great Western Bancorp, Inc.
GWB
| $4.97M | 0.01% |
120,434
-4,229
| -3% | -$161K |
|
356
Installed Building Products
IBP
$6.07B
| $4.96M | 0.01% |
76,469
+4,881
| +7% | +$274K |
|
357
Nucor
NUE
$58.5B
| $4.91M | 0.01% |
87,646
-1,953
| -2% | -$110K |
|
358
Check Point Software Technologies
CHKP
$13.1B
| $4.88M | 0.01% |
42,815
+475
| +1% | +$52.2K |
|
359
Altria Group
MO
$113B
| $4.85M | 0.01% |
76,545
+3,773
| +5% | +$252K |
|
|
PDCO
360
DELISTED
Patterson Companies, Inc.
PDCO
| $4.84M | 0.01% |
125,300
+38,818
| +45% | +$1.55M |
|
361
Hyster-Yale Materials Handling
HY
$600M
| $4.67M | 0.01% |
61,048
-1,166
| -2% | -$81.9K |
|
362
Independent Bank
INDB
$4.02B
| $4.64M | 0.01% |
62,216
-2,678
| -4% | -$186K |
|
|
CCMP
363
DELISTED
CMC Materials, Inc. Common Stock
CCMP
| $4.5M | 0.01% |
56,367
-246
| -0.4% | -$18.1K |
|
|
RDS.A
364
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $4.46M | 0.01% |
73,626
+271
| +0.4% | +$15.2K |
|
365
Energizer
ENR
$1.44B
| $4.43M | 0.01% |
96,202
-37,131
| -28% | -$1.67M |
|
366
Bruker
BRKR
$9.79B
| $4.4M | 0.01% |
+148,000
| New | +$4.26M |
|
367
Myriad Genetics
MYGN
$507M
| $4.35M | 0.01% |
120,312
+59,301
| +97% | +$1.69M |
|
368
Rexford Industrial Realty
REXR
$8.56B
| $4.34M | 0.01% |
151,558
+51,377
| +51% | +$1.47M |
|
|
JOBS
369
DELISTED
51job Inc
JOBS
| $4.28M | 0.01% |
70,637
| – | – |
|
370
PetMed Express
PETS
$42.3M
| $4.2M | 0.01% |
126,797
+5,476
| +5% | +$223K |
|
371
iShares Core US Aggregate Bond ETF
AGG
$138B
| $4.2M | 0.01% |
38,303
+11,685
| +44% | +$1.28M |
|
372
Harley-Davidson
HOG
$2.59B
| $4.17M | 0.01% |
86,579
+201
| +0.2% | +$9.78K |
|
|
FCB
373
DELISTED
FCB Financial Holdings, Inc.
FCB
| $4.15M | 0.01% |
85,997
+5,499
| +7% | +$251K |
|
374
Medpace
MEDP
$16.1B
| $4.13M | 0.01% |
129,453
+25,164
| +24% | +$769K |
|
|
COWN
375
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $4.12M | 0.01% |
231,477
+16,111
| +7% | +$264K |
|
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.