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 |
Caterpillar
CAT
|
+$675M |
| 2 |
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
|
+$559M |
| 3 |
PayPal
PYPL
|
+$417M |
| 4 |
Netflix
NFLX
|
+$408M |
| 5 |
Alibaba
BABA
|
+$328M |
Top Sells
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.01% |
| 2 | Financials | 13.51% |
| 3 | Healthcare | 10.94% |
| 4 | Consumer Discretionary | 8.78% |
| 5 | Energy | 6.2% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
351
Warner Bros
WBD
$65.3B
| $8.14M | 0.01% |
305,658
+695
| +0.2% | +$20.2K |
|
352
Advanced Energy
AEIS
$13.6B
| $8.11M | 0.01% |
141,205
-592
| -0.4% | -$32K |
|
353
Valero Energy
VLO
$88.3B
| $8.04M | 0.01% |
94,323
+815
| +0.9% | +$65.9K |
|
354
Philip Morris
PM
$288B
| $7.98M | 0.01% |
105,111
+3,485
| +3% | +$276K |
|
355
Cavco Industries
CVCO
$4.32B
| $7.96M | 0.01% |
41,412
+472
| +1% | +$83.6K |
|
356
Bank of America
BAC
$443B
| $7.9M | 0.01% |
270,971
-7,651
| -3% | -$220K |
|
357
Lowe's Companies
LOW
$122B
| $7.8M | 0.01% |
70,970
+9,580
| +16% | +$1.01M |
|
358
Independent Bank
INDB
$4.1B
| $7.77M | 0.01% |
104,125
+16,356
| +19% | +$1.19M |
|
|
MDC
359
DELISTED
M.D.C. Holdings, Inc.
MDC
| $7.68M | 0.01% |
192,479
+14,116
| +8% | +$496K |
|
|
WUBA
360
DELISTED
58.com Inc
WUBA
| $7.65M | 0.01% |
155,086
| – | – |
|
361
SS&C Technologies
SSNC
$18.7B
| $7.57M | 0.01% |
146,700
-560
| -0.4% | -$28.6K |
|
362
Cactus
WHD
$5.29B
| $7.31M | 0.01% |
252,570
-18,925
| -7% | -$547K |
|
363
Knowles
KN
$3.4B
| $7.09M | 0.01% |
348,460
+97,631
| +39% | +$1.91M |
|
364
Hancock Whitney
HWC
$6.32B
| $7.06M | 0.01% |
184,312
+785
| +0.4% | +$29.8K |
|
365
Huazhu Hotels Group
HTHT
$13B
| $6.94M | 0.01% |
210,169
+25
| +0% | +$842 |
|
366
Patterson-UTI
PTEN
$3.81B
| $6.93M | 0.01% |
810,847
| – | – |
|
|
GHL
367
DELISTED
Greenhill & Co., Inc.
GHL
| $6.89M | 0.01% |
525,003
-12,024
| -2% | -$172K |
|
368
Ambarella
AMBA
$3.65B
| $6.88M | 0.01% |
+109,469
| New | +$5.68M |
|
369
Freshpet
FRPT
$3.05B
| $6.87M | 0.01% |
138,012
+29,937
| +28% | +$1.37M |
|
370
Republic Services
RSG
$64B
| $6.77M | 0.01% |
78,260
+783
| +1% | +$68.8K |
|
371
Neurocrine Biosciences
NBIX
$17B
| $6.58M | 0.01% |
73,027
-1,393
| -2% | -$130K |
|
|
JOBS
372
DELISTED
51job Inc
JOBS
| $6.56M | 0.01% |
88,667
+4,017
| +5% | +$293K |
|
373
Church & Dwight Co
CHD
$24B
| $6.5M | 0.01% |
86,417
-72
| -0.1% | -$5.45K |
|
374
Morningstar
MORN
$7.5B
| $6.5M | 0.01% |
44,448
+5,918
| +15% | +$911K |
|
375
J&J Snack Foods
JJSF
$1.49B
| $6.47M | 0.01% |
33,684
+3,829
| +13% | +$695K |
|
Similar funds
Ken Fisher's Q3 2019 Portfolio in Review
As of Q3 2019, Ken Fisher held 980 positions worth $91.1B, up 0.75% from $90.5B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Ken Fisher's Q3 2019 filing shows 78 new, 345 increased, 343 reduced and 77 closed positions. Its largest new stake was Global Payments: 199,149 shares worth $31.7M. The largest sale was Barclays ETN+ FI Enhanced Europe 50 ETN Series C, an estimated $881M.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 19% a quarter earlier, followed by Financials and Healthcare.
- Ken Fisher's largest Q3 2019 buy was Global Payments: 199,149 shares worth $31.7M.
- Ken Fisher added most to Caterpillar in Q3 2019, an estimated $675M increase.
- Ken Fisher's biggest Q3 2019 reduction was Barclays ETN+ FI Enhanced Europe 50 ETN Series C, cutting an estimated $881M.
- Ken Fisher fully exited Tableau Software, Inc. in Q3 2019, selling an estimated $53.8M.
- Ken Fisher's ten largest holdings make up 26% of its $91.1B portfolio in Q3 2019.
- Ken Fisher opened 78 new positions and closed 77 in Q3 2019.
- Ken Fisher's portfolio value rose 0.75% quarter-over-quarter to $91.1B.
Based on Fisher Asset Management's 13F filing for Q3 2019, filed 29 Oct 2019.