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 |
Alibaba
BABA
|
+$594M |
| 2 |
ING
ING
|
+$545M |
| 3 |
Banco Santander
SAN
|
+$503M |
| 4 |
Sumitomo Mitsui Financial
SMFG
|
+$364M |
| 5 |
Vodafone
VOD
|
+$314M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Wells Fargo
WFC
|
+$939M |
| 2 |
JPMorgan Chase
JPM
|
+$598M |
| 3 |
RTX Corp
RTX
|
+$579M |
| 4 |
Home Depot
HD
|
+$510M |
| 5 |
Qualcomm
QCOM
|
+$500M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.55% |
| 2 | Technology | 13.55% |
| 3 | Healthcare | 13.21% |
| 4 | Consumer Discretionary | 8.47% |
| 5 | Communication Services | 6.27% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
LPT
376
DELISTED
Liberty Property Trust
LPT
| $3.21M | ﹤0.01% |
78,795
-385
| -0.5% | -$15.8K |
|
|
CHL
377
DELISTED
China Mobile Limited
CHL
| $3.21M | ﹤0.01% |
60,363
-105
| -0.2% | -$5.71K |
|
|
WRI
378
DELISTED
Weingarten Realty Investors
WRI
| $3.2M | ﹤0.01% |
106,248
-475
| -0.4% | -$15.2K |
|
379
Toyota
TM
$223B
| $3.19M | ﹤0.01% |
30,379
-1,192
| -4% | -$127K |
|
|
JOBS
380
DELISTED
51job Inc
JOBS
| $3.16M | ﹤0.01% |
70,637
| – | – |
|
|
CSFL
381
DELISTED
CenterState Bank Corporation Common Stock
CSFL
| $3.09M | ﹤0.01% |
124,332
+28,559
| +30% | +$710K |
|
382
Medpace
MEDP
$16.1B
| $3.02M | ﹤0.01% |
104,289
+68,725
| +193% | +$1.93M |
|
383
iShares MSCI ACWI ETF
ACWI
$32.6B
| $2.99M | ﹤0.01% |
45,655
+1,598
| +4% | +$104K |
|
384
MYR Group
MYRG
$5.18B
| $2.92M | ﹤0.01% |
94,006
+20,906
| +29% | +$717K |
|
385
iShares Core US Aggregate Bond ETF
AGG
$137B
| $2.92M | ﹤0.01% |
26,618
+12,413
| +87% | +$1.36M |
|
386
Southside Bancshares
SBSI
$962M
| $2.89M | ﹤0.01% |
82,822
+24,113
| +41% | +$809K |
|
|
NSA
387
DELISTED
National Storage Affiliates Trust
NSA
| $2.87M | ﹤0.01% |
124,171
+41,326
| +50% | +$991K |
|
|
ALJ
388
DELISTED
Alon USA Energy Inc
ALJ
| $2.83M | ﹤0.01% |
212,800
| – | – |
|
389
Shinhan Financial Group
SHG
$33B
| $2.8M | ﹤0.01% |
64,385
-794
| -1% | -$34.3K |
|
|
IXYS
390
DELISTED
IXYS Corp
IXYS
| $2.8M | ﹤0.01% |
170,028
+51,687
| +44% | +$772K |
|
|
WLH
391
DELISTED
WILLIAM LYON HOMES
WLH
| $2.77M | ﹤0.01% |
114,741
+35,562
| +45% | +$794K |
|
392
Rexford Industrial Realty
REXR
$8.49B
| $2.75M | ﹤0.01% |
100,181
+28,641
| +40% | +$744K |
|
393
Hope Bancorp
HOPE
$1.78B
| $2.75M | ﹤0.01% |
147,227
+34,280
| +30% | +$636K |
|
394
State Street SPDR S&P 500 ETF Trust
SPY
$785B
| $2.74M | ﹤0.01% |
11,324
+6,684
| +144% | +$1.6M |
|
395
First Merchants
FRME
$2.67B
| $2.72M | ﹤0.01% |
67,760
+7,246
| +12% | +$292K |
|
396
General Dynamics
GD
$103B
| $2.7M | ﹤0.01% |
13,615
+2
| +0% | +$392 |
|
|
FARO
397
DELISTED
Faro Technologies
FARO
| $2.67M | ﹤0.01% |
70,703
+20,967
| +42% | +$745K |
|
398
Camden Property Trust
CPT
$10.9B
| $2.67M | ﹤0.01% |
31,204
+192
| +0.6% | +$16.1K |
|
|
PMC
399
DELISTED
PharMerica Corporation
PMC
| $2.66M | ﹤0.01% |
101,485
+30,778
| +44% | +$757K |
|
|
NPTN
400
DELISTED
NEOPHOTONICS CORP
NPTN
| $2.65M | ﹤0.01% |
343,595
+85,341
| +33% | +$721K |
|
Similar funds
Ken Fisher's Q2 2017 Portfolio in Review
As of Q2 2017, Ken Fisher held 877 positions worth $66.3B, up 6.2% from $62.4B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Fisher's Q2 2017 filing shows 104 new, 361 increased, 246 reduced and 75 closed positions. Its largest new stake was Sumitomo Mitsui Financial: 48,974,918 shares worth $385M. The largest sale was Wells Fargo, an estimated $939M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, down from 19% a quarter earlier, followed by Technology and Healthcare.
- Ken Fisher's largest Q2 2017 buy was Sumitomo Mitsui Financial: 48,974,918 shares worth $385M.
- Ken Fisher added most to Alibaba in Q2 2017, an estimated $594M increase.
- Ken Fisher's biggest Q2 2017 reduction was Wells Fargo, cutting an estimated $939M.
- Ken Fisher fully exited Janus Capital Group Inc in Q2 2017, selling an estimated $54.1M.
- Ken Fisher's ten largest holdings make up 23% of its $66.3B portfolio in Q2 2017.
- Ken Fisher opened 104 new positions and closed 75 in Q2 2017.
- Ken Fisher's portfolio value rose 6.2% quarter-over-quarter to $66.3B.
Based on Fisher Asset Management's 13F filing for Q2 2017, filed 13 Jul 2017.