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 |
FIYY
Barclays ETN+ FI Enhanced Global High Yield ETN Series B
FIYY
|
+$1.49B |
| 2 |
FFEU
Barclays ETN+ FI Enhanced Europe 50 ETN Series C
FFEU
|
+$423M |
| 3 |
SLB Ltd
SLB
|
+$408M |
| 4 |
RDS.A
Royal Dutch Shell PLC ADS Class A
RDS.A
|
+$340M |
| 5 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$180M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FIGY
Barclays ETN+ FI Enhanced Global High Yield ETN
FIGY
|
+$1.59B |
| 2 |
FEEU
Barclays ETN+ FI Enhanced Europe 50 ETN
FEEU
|
+$464M |
| 3 |
Citigroup
C
|
+$340M |
| 4 |
American Express
AXP
|
+$206M |
| 5 |
CAA
CalAtlantic Group, Inc.
CAA
|
+$123M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16.58% |
| 2 | Technology | 14.9% |
| 3 | Healthcare | 12.05% |
| 4 | Consumer Discretionary | 9.38% |
| 5 | Consumer Staples | 5.59% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
MDC
376
DELISTED
M.D.C. Holdings, Inc.
MDC
| $5M | 0.01% |
208,826
+42,173
| +25% | +$1.11M |
|
377
RPC Inc
RES
$1.3B
| $5M | 0.01% |
+277,135
| New | +$5.81M |
|
378
Hain Celestial
HAIN
$45.8M
| $4.99M | 0.01% |
155,633
-25,288
| -14% | -$919K |
|
379
Vale
VALE
$63.2B
| $4.97M | 0.01% |
390,850
+3,950
| +1% | +$52K |
|
|
GWB
380
DELISTED
Great Western Bancorp, Inc.
GWB
| $4.92M | 0.01% |
122,198
-15,734
| -11% | -$663K |
|
|
B
381
DELISTED
Barnes Group Inc.
B
| $4.92M | 0.01% |
82,068
-7,004
| -8% | -$442K |
|
382
Installed Building Products
IBP
$6.26B
| $4.87M | 0.01% |
81,048
-4,889
| -6% | -$325K |
|
383
Evercore
EVR
$12.4B
| $4.86M | 0.01% |
55,679
-5,179
| -9% | -$488K |
|
384
Affiliated Managers Group
AMG
$10.2B
| $4.84M | 0.01% |
25,536
-830
| -3% | -$162K |
|
|
FARO
385
DELISTED
Faro Technologies
FARO
| $4.79M | 0.01% |
82,087
-9,698
| -11% | -$538K |
|
386
Independent Bank
INDB
$4.1B
| $4.79M | 0.01% |
66,916
-264
| -0.4% | -$19K |
|
387
AeroVironment
AVAV
$8.39B
| $4.72M | 0.01% |
103,827
+27,659
| +36% | +$1.38M |
|
388
Nucor
NUE
$60.9B
| $4.69M | 0.01% |
76,787
-9,086
| -11% | -$602K |
|
389
Patterson-UTI
PTEN
$3.86B
| $4.67M | 0.01% |
+266,485
| New | +$5.56M |
|
390
Rexford Industrial Realty
REXR
$8.26B
| $4.64M | 0.01% |
161,264
-1,086
| -0.7% | -$30.7K |
|
391
Kroger
KR
$35.1B
| $4.64M | 0.01% |
193,749
+585
| +0.3% | +$15.9K |
|
|
WLH
392
DELISTED
WILLIAM LYON HOMES
WLH
| $4.57M | 0.01% |
166,085
+41,203
| +33% | +$1.15M |
|
393
Medpace
MEDP
$15.9B
| $4.5M | 0.01% |
128,763
-690
| -0.5% | -$25.2K |
|
394
United Parcel Service
UPS
$91.4B
| $4.45M | 0.01% |
42,522
+1,140
| +3% | +$132K |
|
395
Bruker
BRKR
$8.04B
| $4.43M | 0.01% |
148,000
| – | – |
|
396
M/I Homes
MHO
$3.76B
| $4.42M | 0.01% |
138,842
-1,438
| -1% | -$47.2K |
|
397
Delek US
DK
$4.02B
| $4.38M | 0.01% |
107,734
-117
| -0.1% | -$4.21K |
|
398
Korn Ferry
KFY
$4.19B
| $4.37M | 0.01% |
84,605
-6,089
| -7% | -$271K |
|
399
WPP
WPP
$4.43B
| $4.3M | 0.01% |
54,017
-2,628
| -5% | -$234K |
|
400
PTC Therapeutics
PTCT
$5.74B
| $4.27M | 0.01% |
157,835
-7,823
| -5% | -$198K |
|
Similar funds
Ken Fisher's Q1 2018 Portfolio in Review
As of Q1 2018, Ken Fisher held 991 positions worth $75.4B, down 1.5% from $76.6B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Ken Fisher's Q1 2018 filing shows 69 new, 261 increased, 401 reduced and 162 closed positions. Its largest new stake was Barclays ETN+ FI Enhanced Global High Yield ETN Series B: 15,406,823 shares worth $1.49B. The largest sale was Barclays ETN+ FI Enhanced Global High Yield ETN, an estimated $1.59B.
By sector, the portfolio is most concentrated in Financials at 17% of assets, down from 17% a quarter earlier, followed by Technology and Healthcare.
- Ken Fisher's largest Q1 2018 buy was Barclays ETN+ FI Enhanced Global High Yield ETN Series B: 15,406,823 shares worth $1.49B.
- Ken Fisher added most to SLB Ltd in Q1 2018, an estimated $408M increase.
- Ken Fisher's biggest Q1 2018 reduction was Barclays ETN+ FI Enhanced Global High Yield ETN, cutting an estimated $1.59B.
- Ken Fisher fully exited CalAtlantic Group, Inc. in Q1 2018, selling an estimated $123M.
- Ken Fisher's ten largest holdings make up 26% of its $75.4B portfolio in Q1 2018.
- Ken Fisher opened 69 new positions and closed 162 in Q1 2018.
- Ken Fisher's portfolio value fell 1.5% quarter-over-quarter to $75.4B.
Based on Fisher Asset Management's 13F filing for Q1 2018, filed 19 Apr 2018.