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 |
TotalEnergies
TTE
|
+$988M |
| 2 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$354M |
| 3 |
BP
BP
|
+$285M |
| 4 |
Freeport-McMoran
FCX
|
+$269M |
| 5 |
Rio Tinto
RIO
|
+$263M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Berkshire Hathaway Class B
BRK.B
|
+$612M |
| 2 |
BAY
BAYER AG SPONS ADR
BAY
|
+$441M |
| 3 |
Johnson & Johnson
JNJ
|
+$247M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$189M |
| 5 |
Vodafone
VOD
|
+$164M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.26% |
| 2 | Financials | 13.72% |
| 3 | Healthcare | 11.39% |
| 4 | Consumer Discretionary | 8.65% |
| 5 | Energy | 5.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
376
Independent Bank
INDB
$4.05B
| $5.41M | 0.01% |
65,537
+2,997
| +5% | +$261K |
|
377
Evercore
EVR
$12.3B
| $5.39M | 0.01% |
53,651
+1,169
| +2% | +$126K |
|
378
Apogee Enterprises
APOG
$876M
| $5.37M | 0.01% |
130,000
| – | – |
|
379
United Parcel Service
UPS
$90.8B
| $5.37M | 0.01% |
46,000
+2,967
| +7% | +$349K |
|
|
KYO
380
DELISTED
Kyocera Adr
KYO
| $5.26M | 0.01% |
87,583
-7,422
| -8% | -$446K |
|
381
United Rentals
URI
$69.5B
| $5.16M | 0.01% |
31,522
-2,428
| -7% | -$378K |
|
382
Essex Property Trust
ESS
$18.4B
| $4.96M | 0.01% |
20,125
-1,511
| -7% | -$364K |
|
|
STMP
383
DELISTED
Stamps.com, Inc.
STMP
| $4.92M | 0.01% |
21,728
-6,237
| -22% | -$1.56M |
|
|
ICPT
384
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $4.86M | 0.01% |
38,475
-6,112
| -14% | -$647K |
|
|
NE
385
DELISTED
Noble Corporation
NE
| $4.85M | 0.01% |
+689,914
| New | +$4.19M |
|
|
GTLS
386
DELISTED
Chart Industries
GTLS
| $4.81M | 0.01% |
61,443
+22,677
| +58% | +$1.68M |
|
387
Clorox
CLX
$11.9B
| $4.8M | 0.01% |
31,888
-585
| -2% | -$83.1K |
|
388
OraSure Technologies
OSUR
$286M
| $4.7M | 0.01% |
304,439
-94,917
| -24% | -$1.56M |
|
389
iShares Europe ETF
IEV
$1.67B
| $4.67M | 0.01% |
103,648
+2,822
| +3% | +$127K |
|
390
Edgewell Personal Care
EPC
$1.27B
| $4.67M | 0.01% |
100,994
| – | – |
|
391
Northern Trust
NTRS
$33.3B
| $4.66M | 0.01% |
45,597
-9,481
| -17% | -$1.02M |
|
392
Medpace
MEDP
$16B
| $4.55M | 0.01% |
75,938
-23,162
| -23% | -$1.27M |
|
393
Nike
NKE
$63.3B
| $4.48M | 0.01% |
52,872
+1,401
| +3% | +$113K |
|
|
PCH
394
DELISTED
PotlatchDeltic
PCH
| $4.46M | 0.01% |
108,795
-7,454
| -6% | -$352K |
|
|
EXAS
395
DELISTED
Exact Sciences
EXAS
| $4.42M | 0.01% |
56,051
+430
| +0.8% | +$28K |
|
396
Cencora
COR
$60B
| $4.39M | 0.01% |
47,630
-13,047
| -22% | -$1.13M |
|
397
Kroger
KR
$35.7B
| $4.34M | 0.01% |
148,988
-33,859
| -19% | -$1.01M |
|
398
Old Republic International
ORI
$10.6B
| $4.31M | 0.01% |
192,529
-156,984
| -45% | -$3.39M |
|
|
WRD
399
DELISTED
WildHorse Resource Development
WRD
| $4.3M | 0.01% |
181,721
-25,096
| -12% | -$539K |
|
|
MDC
400
DELISTED
M.D.C. Holdings, Inc.
MDC
| $4.24M | 0.01% |
166,979
-9,301
| -5% | -$249K |
|
Similar funds
Ken Fisher's Q3 2018 Portfolio in Review
As of Q3 2018, Ken Fisher held 943 positions worth $82.4B, up 6.9% from $77B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Ken Fisher's Q3 2018 filing shows 81 new, 327 increased, 378 reduced and 73 closed positions. Its largest new stake was Adobe: 408,693 shares worth $110M. The largest sale was Berkshire Hathaway Class B, an estimated $612M.
By sector, the portfolio is most concentrated in Technology at 16% of assets, up from 15% a quarter earlier, followed by Financials and Healthcare.
- Ken Fisher's largest Q3 2018 buy was Adobe: 408,693 shares worth $110M.
- Ken Fisher added most to TotalEnergies in Q3 2018, an estimated $988M increase.
- Ken Fisher's biggest Q3 2018 reduction was Berkshire Hathaway Class B, cutting an estimated $612M.
- Ken Fisher fully exited Cavium, Inc. in Q3 2018, selling an estimated $56.9M.
- Ken Fisher's ten largest holdings make up 27% of its $82.4B portfolio in Q3 2018.
- Ken Fisher opened 81 new positions and closed 73 in Q3 2018.
- Ken Fisher's portfolio value rose 6.9% quarter-over-quarter to $82.4B.
Based on Fisher Asset Management's 13F filing for Q3 2018, filed 24 Oct 2018.