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 | |
|---|---|---|---|---|---|---|
351
TechnipFMC
FTI
$26.9B
| $6.96M | 0.01% |
299,348
-95,176
| -24% | -$2.16M |
|
352
Qiagen
QGEN
$8.63B
| $6.96M | 0.01% |
173,144
-17,005
| -9% | -$679K |
|
353
8x8 Inc
EGHT
$291M
| $6.88M | 0.01% |
323,801
-74,781
| -19% | -$1.63M |
|
354
Advanced Energy
AEIS
$13.3B
| $6.6M | 0.01% |
127,741
-19,755
| -13% | -$1.14M |
|
|
B
355
DELISTED
Barnes Group Inc.
B
| $6.47M | 0.01% |
91,025
+9,025
| +11% | +$597K |
|
356
Worthington Enterprises
WOR
$2.79B
| $6.44M | 0.01% |
240,757
+69,569
| +41% | +$1.95M |
|
357
Mitsubishi UFJ Financial
MUFG
$247B
| $6.43M | 0.01% |
1,038,583
+35,491
| +4% | +$214K |
|
|
SPR
358
DELISTED
Spirit AeroSystems
SPR
| $6.38M | 0.01% |
69,568
-69,851
| -50% | -$6.14M |
|
359
J&J Snack Foods
JJSF
$1.48B
| $6.34M | 0.01% |
42,012
+594
| +1% | +$88.3K |
|
360
PTC Therapeutics
PTCT
$5.76B
| $6.29M | 0.01% |
133,796
-15,104
| -10% | -$625K |
|
|
IMPV
361
DELISTED
Imperva, Inc.
IMPV
| $6.22M | 0.01% |
134,000
+3,337
| +3% | +$161K |
|
362
Progressive
PGR
$120B
| $6.19M | 0.01% |
87,087
-15,693
| -15% | -$1.01M |
|
363
iShares MSCI ACWI ETF
ACWI
$33B
| $6.14M | 0.01% |
82,655
+5,734
| +7% | +$419K |
|
364
Bruker
BRKR
$8.11B
| $6.02M | 0.01% |
179,950
+46,213
| +35% | +$1.52M |
|
365
Republic Services
RSG
$63.7B
| $6.01M | 0.01% |
82,723
-4,997
| -6% | -$362K |
|
366
Strategy Inc
MSTR
$34.7B
| $5.91M | 0.01% |
420,000
| – | – |
|
367
Myriad Genetics
MYGN
$291M
| $5.9M | 0.01% |
128,271
+10,185
| +9% | +$453K |
|
|
DASTY
368
DELISTED
DASSAULT SYSTEMES SA ADR
DASTY
| $5.9M | 0.01% |
39,441
-13,858
| -26% | -$2.07M |
|
369
Perrigo
PRGO
$1.46B
| $5.85M | 0.01% |
82,652
-10,174
| -11% | -$764K |
|
370
Acadia Healthcare
ACHC
$2.86B
| $5.83M | 0.01% |
165,738
-16,669
| -9% | -$664K |
|
371
Camden Property Trust
CPT
$10.9B
| $5.72M | 0.01% |
61,163
| – | – |
|
372
Unum
UNM
$14.2B
| $5.62M | 0.01% |
143,952
-13,295
| -8% | -$496K |
|
|
JOBS
373
DELISTED
51job Inc
JOBS
| $5.61M | 0.01% |
72,900
-23
| -0% | -$1.84K |
|
374
US Bancorp
USB
$99.3B
| $5.61M | 0.01% |
106,267
+63
| +0.1% | +$3.34K |
|
375
Alcoa
AA
$12.3B
| $5.5M | 0.01% |
136,240
-6,478
| -5% | -$282K |
|
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.