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 |
iShares MSCI Europe Financials ETF
EUFN
|
+$427M |
| 2 |
iShares Global Energy ETF
IXC
|
+$357M |
| 3 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$322M |
| 4 |
iShares MSCI Spain ETF
EWP
|
+$194M |
| 5 |
FRLG
Large Cap Growth Index-Linked Exchange Traded Notes due 2028
FRLG
|
+$193M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TotalEnergies
TTE
|
+$208M |
| 2 |
ING
ING
|
+$123M |
| 3 |
Banco Bilbao Vizcaya Argentaria
BBVA
|
+$90.3M |
| 4 |
Banco Santander
SAN
|
+$82.1M |
| 5 |
Freeport-McMoran
FCX
|
+$57.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.57% |
| 2 | Financials | 12.78% |
| 3 | Healthcare | 11.18% |
| 4 | Consumer Discretionary | 8.38% |
| 5 | Energy | 6.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
EXAS
351
DELISTED
Exact Sciences
EXAS
| $8.04M | 0.01% |
68,150
+16,771
| +33% | +$1.69M |
|
352
Valero Energy
VLO
$90.1B
| $8.01M | 0.01% |
93,508
-110
| -0.1% | -$9.08K |
|
353
Philip Morris
PM
$297B
| $7.98M | 0.01% |
101,626
-8,668
| -8% | -$716K |
|
354
Advanced Energy
AEIS
$11.6B
| $7.98M | 0.01% |
141,797
+17,103
| +14% | +$916K |
|
355
Ross Stores
ROST
$80.5B
| $7.84M | 0.01% |
79,105
-20,908
| -21% | -$2.04M |
|
|
PCH
356
DELISTED
PotlatchDeltic
PCH
| $7.75M | 0.01% |
198,736
+28,453
| +17% | +$1.07M |
|
357
iShares Core MSCI Europe ETF
IEUR
$8.97B
| $7.65M | 0.01% |
+164,151
| New | +$7.64M |
|
358
Huazhu Hotels Group
HTHT
$13.1B
| $7.62M | 0.01% |
210,144
| – | – |
|
359
Vanguard Industrials ETF
VIS
$8.1B
| $7.39M | 0.01% |
50,677
+46,429
| +1,093% | +$6.62M |
|
360
Hancock Whitney
HWC
$6.2B
| $7.35M | 0.01% |
183,527
-9,838
| -5% | -$405K |
|
|
GHL
361
DELISTED
Greenhill & Co., Inc.
GHL
| $7.3M | 0.01% |
537,027
-12,641
| -2% | -$232K |
|
|
CJ
362
DELISTED
C&J Energy Services, Inc.
CJ
| $7.09M | 0.01% |
601,939
| – | – |
|
363
Republic Services
RSG
$64.8B
| $6.71M | 0.01% |
77,477
-663
| -0.8% | -$55.2K |
|
364
Independent Bank
INDB
$3.99B
| $6.68M | 0.01% |
87,769
+25,561
| +41% | +$1.99M |
|
365
Qiagen
QGEN
$8.54B
| $6.62M | 0.01% |
153,996
-1,354
| -0.9% | -$56.1K |
|
366
Cavco Industries
CVCO
$4.22B
| $6.45M | 0.01% |
40,940
+13,123
| +47% | +$1.79M |
|
367
RPC Inc
RES
$1.24B
| $6.44M | 0.01% |
893,686
-52,520
| -6% | -$498K |
|
368
Worthington Enterprises
WOR
$2.75B
| $6.42M | 0.01% |
258,428
+11,767
| +5% | +$276K |
|
369
Wells Fargo
WFC
$261B
| $6.41M | 0.01% |
135,545
-19,783
| -13% | -$925K |
|
|
JOBS
370
DELISTED
51job Inc
JOBS
| $6.39M | 0.01% |
84,650
+8,735
| +12% | +$698K |
|
|
ICPT
371
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $6.37M | 0.01% |
80,109
+42,099
| +111% | +$3.77M |
|
372
Church & Dwight Co
CHD
$23.4B
| $6.32M | 0.01% |
86,489
-61,345
| -41% | -$4.56M |
|
373
Neurocrine Biosciences
NBIX
$16.8B
| $6.28M | 0.01% |
74,420
+47,257
| +174% | +$3.88M |
|
374
Lowe's Companies
LOW
$117B
| $6.2M | 0.01% |
61,390
+2,344
| +4% | +$247K |
|
375
Strategy Inc
MSTR
$34.1B
| $6.02M | 0.01% |
420,000
| – | – |
|
Similar funds
Ken Fisher's Q2 2019 Portfolio in Review
As of Q2 2019, Ken Fisher held 967 positions worth $90.5B, up 6% from $85.3B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Ken Fisher's Q2 2019 filing shows 105 new, 388 increased, 294 reduced and 65 closed positions. Its largest new stake was State Street SPDR S&P Metals & Mining ETF: 3,272,430 shares worth $92.9M. The largest sale was TotalEnergies, an estimated $208M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 18% a quarter earlier, followed by Financials and Healthcare.
- Ken Fisher's largest Q2 2019 buy was State Street SPDR S&P Metals & Mining ETF: 3,272,430 shares worth $92.9M.
- Ken Fisher added most to iShares MSCI Europe Financials ETF in Q2 2019, an estimated $427M increase.
- Ken Fisher's biggest Q2 2019 reduction was TotalEnergies, cutting an estimated $208M.
- Ken Fisher fully exited Rowan Companies Plc in Q2 2019, selling an estimated $10.6M.
- Ken Fisher's ten largest holdings make up 27% of its $90.5B portfolio in Q2 2019.
- Ken Fisher opened 105 new positions and closed 65 in Q2 2019.
- Ken Fisher's portfolio value rose 6% quarter-over-quarter to $90.5B.
Based on Fisher Asset Management's 13F filing for Q2 2019, filed 30 Jul 2019.