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 |
FEEU
Barclays ETN+ FI Enhanced Europe 50 ETN
FEEU
|
+$518M |
| 2 |
Citigroup
C
|
+$271M |
| 3 |
Bank of America
BAC
|
+$254M |
| 4 |
RTX Corp
RTX
|
+$233M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
+$211M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Philip Morris
PM
|
+$507M |
| 2 |
British American Tobacco
BTI
|
+$298M |
| 3 |
Vodafone
VOD
|
+$272M |
| 4 |
ABV
COMPANHIA BEBIDA ADS EACH REPSTG 1 PFD SH
ABV
|
+$267M |
| 5 |
BHP
BHP
|
+$226M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.1% |
| 2 | Technology | 14.63% |
| 3 | Healthcare | 12.33% |
| 4 | Consumer Discretionary | 7.86% |
| 5 | Industrials | 6.1% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
376
US Bancorp
USB
$98.2B
| $290K | ﹤0.01% |
7,933
-556
| -7% | -$20.6K |
|
|
XEC
377
DELISTED
CIMAREX ENERGY CO
XEC
| $289K | ﹤0.01% |
+3,000
| New | +$243K |
|
|
SHPG
378
DELISTED
Shire pic
SHPG
| $288K | ﹤0.01% |
2,405
| – | – |
|
|
BNY
379
Bank of New York Mellon
BNY
$106B
| $287K | ﹤0.01% |
9,507
-267
| -3% | -$8.19K |
|
380
Vanguard Short-Term Corporate Bond ETF
VCSH
$44.7B
| $284K | ﹤0.01% |
3,568
+953
| +36% | +$75.6K |
|
381
iShares Core US Aggregate Bond ETF
AGG
$137B
| $283K | ﹤0.01% |
2,638
+284
| +12% | +$30.3K |
|
382
3M
MMM
$90.9B
| $281K | ﹤0.01% |
2,809
+368
| +15% | +$35.8K |
|
383
Abbott
ABT
$183B
| $280K | ﹤0.01% |
8,439
-2,246
| -21% | -$78.8K |
|
384
NOV
NOV
$6.93B
| $279K | ﹤0.01% |
3,965
-2,690
| -40% | -$180K |
|
385
Enterprise Products Partners
EPD
$82.3B
| $265K | ﹤0.01% |
8,678
+1,876
| +28% | +$57.4K |
|
386
Cenovus Energy
CVE
$55.7B
| $253K | ﹤0.01% |
8,467
-5,201
| -38% | -$154K |
|
387
General Mills
GIS
$19.1B
| $251K | ﹤0.01% |
5,244
-397
| -7% | -$19.9K |
|
388
iShares Russell 1000 ETF
IWB
$48.2B
| $250K | ﹤0.01% |
2,654
| – | – |
|
389
Invesco Dorsey Wright Financial Momentum ETF
PFI
$59.5M
| $248K | ﹤0.01% |
+9,571
| New | +$247K |
|
|
DD
390
DELISTED
Du Pont De Nemours E I
DD
| $246K | ﹤0.01% |
+4,418
| New | +$241K |
|
|
MON
391
DELISTED
Monsanto Co
MON
| $240K | ﹤0.01% |
2,301
-590
| -20% | -$59.3K |
|
392
Halliburton
HAL
$26.9B
| $236K | ﹤0.01% |
4,911
-312
| -6% | -$14.6K |
|
393
Duke Energy
DUK
$97.8B
| $229K | ﹤0.01% |
+3,427
| New | +$234K |
|
394
Clorox
CLX
$11.6B
| $223K | ﹤0.01% |
+2,723
| New | +$230K |
|
395
Invesco BuyBack Achievers ETF
PKW
$1.72B
| $223K | ﹤0.01% |
+5,720
| New | +$218K |
|
396
Mondelez International
MDLZ
$79.5B
| $222K | ﹤0.01% |
7,050
-15,789
| -69% | -$490K |
|
397
Travelers Companies
TRV
$78.1B
| $220K | ﹤0.01% |
+2,598
| New | +$215K |
|
|
KMP
398
DELISTED
KINDER MORGAN ENER PNTRS L.P.
KMP
| $217K | ﹤0.01% |
2,713
-581
| -18% | -$48.1K |
|
399
SiriusXM
SIRI
$9.98B
| $216K | ﹤0.01% |
5,569
+341
| +7% | +$12.7K |
|
|
BSMX
400
DELISTED
Banco Santander México, S, A., Institución de Banca Múltiple, Grupo Financiero Santander México
BSMX
| $210K | ﹤0.01% |
15,200
+4,000
| +36% | +$57.4K |
|
Similar funds
Ken Fisher's Q3 2013 Portfolio in Review
As of Q3 2013, Ken Fisher held 585 positions worth $40.6B, up 5.4% from $38.5B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Ken Fisher's Q3 2013 filing shows 60 new, 219 increased, 193 reduced and 51 closed positions. Its largest new stake was Cadence Bank: 2,667,685 shares worth $53.2M. The largest sale was Philip Morris, an estimated $507M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, up from 16% a quarter earlier, followed by Technology and Healthcare.
- Ken Fisher's largest Q3 2013 buy was Cadence Bank: 2,667,685 shares worth $53.2M.
- Ken Fisher added most to Barclays ETN+ FI Enhanced Europe 50 ETN in Q3 2013, an estimated $518M increase.
- Ken Fisher's biggest Q3 2013 reduction was Philip Morris, cutting an estimated $507M.
- Ken Fisher fully exited SAKS INCORPORATED in Q3 2013, selling an estimated $75M.
- Ken Fisher's ten largest holdings make up 22% of its $40.6B portfolio in Q3 2013.
- Ken Fisher opened 60 new positions and closed 51 in Q3 2013.
- Ken Fisher's portfolio value rose 5.4% quarter-over-quarter to $40.6B.
Based on Fisher Asset Management's 13F filing for Q3 2013, filed 18 Oct 2013.