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 |
BAY
BAYER AG SPONS ADR
BAY
|
+$535M |
| 2 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$124M |
| 3 |
Banco Bradesco
BBD
|
+$98.1M |
| 4 |
Itaú Unibanco
ITUB
|
+$94.1M |
| 5 |
FIHD
UBS AG FI Enhanced Global High Yield ETN
FIHD
|
+$80.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PRXL
Parexel International Corp
PRXL
|
+$184M |
| 2 |
IRY
SPDR S&P International Health Care Sector
IRY
|
+$143M |
| 3 |
DFT
DuPont Fabros Technology Inc.
DFT
|
+$72.5M |
| 4 |
PNC Financial Services
PNC
|
+$31M |
| 5 |
HDFC Bank
HDB
|
+$26.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.92% |
| 2 | Technology | 13.57% |
| 3 | Healthcare | 12.73% |
| 4 | Consumer Discretionary | 8.41% |
| 5 | Communication Services | 6.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
376
CVB Financial
CVBF
$4B
| $4.01M | 0.01% |
166,112
-3,180
| -2% | -$68.5K |
|
377
Central Pacific Financial
CPF
$1.02B
| $4.01M | 0.01% |
124,671
+8,290
| +7% | +$251K |
|
|
CATM
378
DELISTED
Cardtronics plc Class A Ordinary Shares (UK)
CATM
| $3.91M | 0.01% |
170,000
| – | – |
|
|
IPG
379
DELISTED
Interpublic Group of Companies
IPG
| $3.9M | 0.01% |
187,687
+177,653
| +1,771% | +$3.86M |
|
380
Vale
VALE
$63.8B
| $3.9M | 0.01% |
+386,900
| New | +$3.89M |
|
381
IBM
IBM
$209B
| $3.84M | 0.01% |
27,657
+4,615
| +20% | +$643K |
|
382
Columbia Banking Systems
COLB
$8.84B
| $3.81M | 0.01% |
90,457
-4,117
| -4% | -$159K |
|
|
MDC
383
DELISTED
M.D.C. Holdings, Inc.
MDC
| $3.81M | 0.01% |
144,456
+9,542
| +7% | +$252K |
|
384
Amphastar Pharmaceuticals
AMPH
$899M
| $3.79M | 0.01% |
212,183
+16,636
| +9% | +$274K |
|
|
AFAM
385
DELISTED
Almost Family Inc
AFAM
| $3.72M | 0.01% |
69,313
+5,190
| +8% | +$265K |
|
386
Toyota
TM
$227B
| $3.64M | 0.01% |
30,541
+162
| +0.5% | +$18.4K |
|
387
Kroger
KR
$35.4B
| $3.63M | 0.01% |
181,167
-33,442
| -16% | -$754K |
|
388
8x8 Inc
EGHT
$262M
| $3.62M | 0.01% |
267,912
+19,765
| +8% | +$269K |
|
|
LABL
389
DELISTED
Multi-Color Corp
LABL
| $3.61M | 0.01% |
44,040
+3,234
| +8% | +$258K |
|
390
Covenant Logistics
CVLG
$928M
| $3.54M | 0.01% |
244,484
| – | – |
|
391
AT&T
T
$159B
| $3.48M | ﹤0.01% |
117,574
+43,717
| +59% | +$1.24M |
|
392
PTC Therapeutics
PTCT
$6.26B
| $3.46M | ﹤0.01% |
173,045
+83,403
| +93% | +$1.63M |
|
393
M/I Homes
MHO
$3.87B
| $3.46M | ﹤0.01% |
129,430
+9,895
| +8% | +$256K |
|
|
LPT
394
DELISTED
Liberty Property Trust
LPT
| $3.43M | ﹤0.01% |
83,645
+4,850
| +6% | +$203K |
|
395
Comfort Systems
FIX
$59.8B
| $3.43M | ﹤0.01% |
96,025
+8,028
| +9% | +$277K |
|
|
396
PNC Financial Services
PNC
$99.2B
| $3.39M | ﹤0.01% |
25,169
-241,708
| -91% | -$31M |
|
|
WRI
397
DELISTED
Weingarten Realty Investors
WRI
| $3.37M | ﹤0.01% |
106,248
| – | – |
|
|
PTLA
398
DELISTED
Portola Pharmaceuticals, Inc.
PTLA
| $3.34M | ﹤0.01% |
61,893
+15,256
| +33% | +$896K |
|
399
iShares MSCI ACWI ETF
ACWI
$32.7B
| $3.34M | ﹤0.01% |
48,514
+2,859
| +6% | +$192K |
|
|
PRAH
400
DELISTED
PRA Health Sciences, Inc.
PRAH
| $3.31M | ﹤0.01% |
+43,459
| New | +$3.28M |
|
Similar funds
Ken Fisher's Q3 2017 Portfolio in Review
As of Q3 2017, Ken Fisher held 922 positions worth $71.3B, up 7.5% from $66.3B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Fisher's Q3 2017 filing shows 120 new, 343 increased, 284 reduced and 79 closed positions. Its largest new stake was Coresite Realty Corporation: 286,849 shares worth $32.1M. The largest sale was Parexel International Corp, an estimated $184M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, up from 18% a quarter earlier, followed by Technology and Healthcare.
- Ken Fisher's largest Q3 2017 buy was Coresite Realty Corporation: 286,849 shares worth $32.1M.
- Ken Fisher added most to BAYER AG SPONS ADR in Q3 2017, an estimated $535M increase.
- Ken Fisher's biggest Q3 2017 reduction was PNC Financial Services, cutting an estimated $31M.
- Ken Fisher fully exited Parexel International Corp in Q3 2017, selling an estimated $184M.
- Ken Fisher's ten largest holdings make up 23% of its $71.3B portfolio in Q3 2017.
- Ken Fisher opened 120 new positions and closed 79 in Q3 2017.
- Ken Fisher's portfolio value rose 7.5% quarter-over-quarter to $71.3B.
Based on Fisher Asset Management's 13F filing for Q3 2017, filed 17 Oct 2017.