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 | |
|---|---|---|---|---|---|---|
401
Ethan Allen Interiors
ETD
$583M
| $2.63M | ﹤0.01% |
81,365
+23,542
| +41% | +$693K |
|
|
PTLA
402
DELISTED
Portola Pharmaceuticals, Inc.
PTLA
| $2.62M | ﹤0.01% |
46,637
| – | – |
|
403
Quanex
NX
$818M
| $2.6M | ﹤0.01% |
122,887
+37,433
| +44% | +$759K |
|
404
Resources Connection
RGP
$147M
| $2.59M | ﹤0.01% |
188,942
+54,863
| +41% | +$745K |
|
405
Knowles
KN
$3.08B
| $2.59M | ﹤0.01% |
152,841
+33,913
| +29% | +$610K |
|
406
State Street SPDR Portfolio Mortgage Backed Bond ETF
SPMB
$6.98B
| $2.58M | ﹤0.01% |
98,244
-319
| -0.3% | -$8.41K |
|
407
AMERISAFE
AMSF
$549M
| $2.56M | ﹤0.01% |
45,018
+10,182
| +29% | +$581K |
|
408
State Street Energy Select Sector SPDR ETF
XLE
$39.2B
| $2.55M | ﹤0.01% |
+78,576
| New | +$2.64M |
|
409
Vipshop
VIPS
$7.3B
| $2.54M | ﹤0.01% |
240,742
| – | – |
|
|
CONE
410
DELISTED
CyrusOne Inc Common Stock
CONE
| $2.52M | ﹤0.01% |
45,297
+13,517
| +43% | +$747K |
|
411
Hanmi Financial
HAFC
$940M
| $2.52M | ﹤0.01% |
88,484
+25,423
| +40% | +$725K |
|
|
SCLN
412
DELISTED
Sciclone Pharmaceuticals Inc
SCLN
| $2.49M | ﹤0.01% |
226,335
+70,712
| +45% | +$707K |
|
413
Banner Corp
BANR
$2.37B
| $2.48M | ﹤0.01% |
43,848
+9,794
| +29% | +$539K |
|
414
B&G Foods
BGS
$293M
| $2.47M | ﹤0.01% |
69,315
+20,223
| +41% | +$804K |
|
|
IRBT
415
DELISTED
iRobot
IRBT
| $2.43M | ﹤0.01% |
28,883
| – | – |
|
|
MCHB
416
Mechanics Bancorp
MCHB
$3.68B
| $2.4M | ﹤0.01% |
86,551
+19,364
| +29% | +$527K |
|
417
ServiceNow
NOW
$114B
| $2.37M | ﹤0.01% |
111,565
+30
| +0% | +$588 |
|
418
Ring Energy
REI
$315M
| $2.36M | ﹤0.01% |
181,286
+54,235
| +43% | +$676K |
|
419
Nike
NKE
$62.7B
| $2.28M | ﹤0.01% |
38,573
+483
| +1% | +$26.1K |
|
420
Entravision Communication
EVC
$1.07B
| $2.25M | ﹤0.01% |
340,570
+87,563
| +35% | +$530K |
|
421
Banc of California
BANC
$2.98B
| $2.24M | ﹤0.01% |
104,306
-15,051
| -13% | -$318K |
|
|
DHC
422
Diversified Healthcare Trust
DHC
$2.17B
| $2.22M | ﹤0.01% |
108,400
-300
| -0.3% | -$6.4K |
|
|
BFX
423
DELISTED
BowFlex Inc.
BFX
| $2.19M | ﹤0.01% |
114,402
+26,978
| +31% | +$487K |
|
424
Covenant Logistics
CVLG
$928M
| $2.14M | ﹤0.01% |
244,484
+62,084
| +34% | +$559K |
|
425
Republic Services
RSG
$65B
| $2.14M | ﹤0.01% |
33,525
+361
| +1% | +$22.9K |
|
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.