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 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$274M |
| 2 |
FRLG
Large Cap Growth Index-Linked Exchange Traded Notes due 2028
FRLG
|
+$138M |
| 3 |
FIHD
UBS AG FI Enhanced Global High Yield ETN
FIHD
|
+$69.1M |
| 4 |
Lumentum
LITE
|
+$41.9M |
| 5 |
Invesco QQQ Trust
QQQ
|
+$41.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TSMC
TSM
|
+$171M |
| 2 |
Petrobras
PBR
|
+$64.7M |
| 3 |
Vale
VALE
|
+$62.7M |
| 4 |
WMGI
Wright Medical Group Inc
WMGI
|
+$61.9M |
| 5 |
HDFC Bank
HDB
|
+$57.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.83% |
| 2 | Financials | 13.08% |
| 3 | Healthcare | 10.74% |
| 4 | Consumer Discretionary | 8.75% |
| 5 | Energy | 5.83% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
376
Elbit Systems
ESLT
$37.9B
| $3.74M | ﹤0.01% |
24,130
+9,563
| +66% | +$1.56M |
|
|
RDS.B
377
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
| $3.69M | ﹤0.01% |
61,559
+5,014
| +9% | +$295K |
|
378
Cooper Companies
COO
$14.1B
| $3.68M | ﹤0.01% |
45,844
-189,436
| -81% | -$14.3M |
|
379
Installed Building Products
IBP
$6.01B
| $3.62M | ﹤0.01% |
52,565
-2,912
| -5% | -$196K |
|
|
NBIS
380
Nebius Group N.V.
NBIS
$48.3B
| $3.58M | ﹤0.01% |
82,351
+20
| +0% | +$746 |
|
381
MakeMyTrip
MMYT
$5.36B
| $3.55M | ﹤0.01% |
155,067
| – | – |
|
382
Ross Stores
ROST
$80.5B
| $3.53M | ﹤0.01% |
30,347
-48,008
| -61% | -$5.4M |
|
383
General Mills
GIS
$19.1B
| $3.53M | ﹤0.01% |
65,937
+1,274
| +2% | +$67.1K |
|
384
Morningstar
MORN
$7.22B
| $3.53M | ﹤0.01% |
23,339
-21,109
| -47% | -$3.24M |
|
385
Progressive
PGR
$123B
| $3.41M | ﹤0.01% |
47,132
-26,542
| -36% | -$1.91M |
|
386
M/I Homes
MHO
$3.74B
| $3.4M | ﹤0.01% |
86,266
-4,368
| -5% | -$183K |
|
387
State Street SPDR Portfolio Intermediate Term Corporate Bond ETF
SPIB
$11.5B
| $3.39M | ﹤0.01% |
95,925
+1,134
| +1% | +$40K |
|
|
COWN
388
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $3.35M | ﹤0.01% |
212,967
-13,571
| -6% | -$204K |
|
389
Ameris Bancorp
ABCB
$5.85B
| $3.34M | ﹤0.01% |
78,572
-4,714
| -6% | -$201K |
|
390
Toll Brothers
TOL
$13.6B
| $3.32M | ﹤0.01% |
84,018
-388,397
| -82% | -$15.5M |
|
391
Clorox
CLX
$11.6B
| $3.29M | ﹤0.01% |
21,429
+552
| +3% | +$82.5K |
|
392
Check Point Software Technologies
CHKP
$13B
| $3.26M | ﹤0.01% |
29,340
-208
| -0.7% | -$23.4K |
|
|
SFBS
393
ServisFirst Bancshares
SFBS
$4.89B
| $3.24M | ﹤0.01% |
85,964
| – | – |
|
394
Prologis
PLD
$135B
| $3.24M | ﹤0.01% |
36,302
-74,573
| -67% | -$6.61M |
|
395
Nike
NKE
$61.9B
| $3.1M | ﹤0.01% |
30,621
-576
| -2% | -$54.3K |
|
396
Comfort Systems
FIX
$60.9B
| $3.07M | ﹤0.01% |
61,646
-4,110
| -6% | -$200K |
|
397
Vipshop
VIPS
$7.37B
| $3.06M | ﹤0.01% |
215,721
| – | – |
|
398
iShares MSCI Spain ETF
EWP
$2.11B
| $3.05M | ﹤0.01% |
105,339
+50,774
| +93% | +$1.44M |
|
399
Vanguard Total World Stock ETF
VT
$77.1B
| $3M | ﹤0.01% |
37,105
+246
| +0.7% | +$19.1K |
|
400
Genpact
G
$5.96B
| $2.97M | ﹤0.01% |
70,399
-315,752
| -82% | -$12.6M |
|
Similar funds
Ken Fisher's Q4 2019 Portfolio in Review
As of Q4 2019, Ken Fisher held 981 positions worth $99B, up 8.6% from $91.1B the previous quarter. Its ten largest holdings account for 28% of the portfolio.
Ken Fisher's Q4 2019 filing shows 78 new, 256 increased, 457 reduced and 83 closed positions. Its largest new stake was Enterprise Products Partners: 584,777 shares worth $16.5M. The largest sale was TSMC, an estimated $171M.
By sector, the portfolio is most concentrated in Technology at 21% of assets, up from 20% a quarter earlier, followed by Financials and Healthcare.
- Ken Fisher's largest Q4 2019 buy was Enterprise Products Partners: 584,777 shares worth $16.5M.
- Ken Fisher added most to Vanguard Intermediate-Term Corporate Bond ETF in Q4 2019, an estimated $274M increase.
- Ken Fisher's biggest Q4 2019 reduction was TSMC, cutting an estimated $171M.
- Ken Fisher fully exited Wright Medical Group Inc in Q4 2019, selling an estimated $61.9M.
- Ken Fisher's ten largest holdings make up 28% of its $99B portfolio in Q4 2019.
- Ken Fisher opened 78 new positions and closed 83 in Q4 2019.
- Ken Fisher's portfolio value rose 8.6% quarter-over-quarter to $99B.
Based on Fisher Asset Management's 13F filing for Q4 2019, filed 12 Feb 2020.