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 |
Mastercard
MA
|
+$915M |
| 2 |
Meta Platforms (Facebook)
META
|
+$693M |
| 3 |
Salesforce
CRM
|
+$618M |
| 4 |
Walt Disney
DIS
|
+$559M |
| 5 |
Nike
NKE
|
+$545M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Johnson & Johnson
JNJ
|
+$1.51B |
| 2 |
Pfizer
PFE
|
+$1.43B |
| 3 |
UBS Group
UBS
|
+$588M |
| 4 |
HSBC
HSBC
|
+$537M |
| 5 |
Procter & Gamble
PG
|
+$439M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 24.07% |
| 2 | Consumer Discretionary | 10.99% |
| 3 | Financials | 10.93% |
| 4 | Healthcare | 10.39% |
| 5 | Communication Services | 6.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
401
AMERISAFE
AMSF
$540M
| $1.96M | ﹤0.01% |
30,421
-2,952
| -9% | -$194K |
|
|
COWN
402
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $1.95M | ﹤0.01% |
201,422
-11,545
| -5% | -$165K |
|
403
Amdocs
DOX
$6.22B
| $1.9M | ﹤0.01% |
34,599
+2,645
| +8% | +$177K |
|
404
Installed Building Products
IBP
$6.49B
| $1.88M | ﹤0.01% |
47,200
-5,365
| -10% | -$347K |
|
405
iShares Global Consumer Staples ETF
KXI
$1.07B
| $1.86M | ﹤0.01% |
38,977
-106,262
| -73% | -$5.62M |
|
406
MakeMyTrip
MMYT
$5.64B
| $1.85M | ﹤0.01% |
155,067
| – | – |
|
407
WisdomTree
WT
$3.22B
| $1.85M | ﹤0.01% |
795,553
-185,535
| -19% | -$719K |
|
|
MNTA
408
DELISTED
Momenta Pharmaceuticals, Inc.
MNTA
| $1.82M | ﹤0.01% |
66,859
-6,842
| -9% | -$190K |
|
409
Builders FirstSource
BLDR
$8.04B
| $1.77M | ﹤0.01% |
145,122
-43,509
| -23% | -$983K |
|
410
McDonald's
MCD
$195B
| $1.77M | ﹤0.01% |
10,712
-2,747
| -20% | -$541K |
|
411
Ameris Bancorp
ABCB
$5.89B
| $1.75M | ﹤0.01% |
73,717
-4,855
| -6% | -$173K |
|
412
APA Corp
APA
$13.2B
| $1.75M | ﹤0.01% |
418,413
+17,060
| +4% | +$380K |
|
|
TMHC
413
DELISTED
Taylor Morrison
TMHC
| $1.75M | ﹤0.01% |
+158,937
| New | +$3.42M |
|
414
Hormel Foods
HRL
$13.8B
| $1.73M | ﹤0.01% |
37,124
-4,856
| -12% | -$221K |
|
|
NUAN
415
DELISTED
Nuance Communications, Inc.
NUAN
| $1.71M | ﹤0.01% |
101,979
+7,104
| +7% | +$139K |
|
416
Teleflex
TFX
$5.98B
| $1.7M | ﹤0.01% |
5,814
-125
| -2% | -$43.6K |
|
417
IQVIA
IQV
$39.3B
| $1.7M | ﹤0.01% |
15,733
+1,077
| +7% | +$154K |
|
418
MYR Group
MYRG
$5.25B
| $1.68M | ﹤0.01% |
64,111
| – | – |
|
419
Clorox
CLX
$12.7B
| $1.68M | ﹤0.01% |
9,669
-11,760
| -55% | -$1.94M |
|
420
Coca-Cola
KO
$375B
| $1.65M | ﹤0.01% |
37,238
-44,802
| -55% | -$2.42M |
|
421
AptarGroup
ATR
$8.61B
| $1.65M | ﹤0.01% |
16,542
+3,856
| +30% | +$418K |
|
422
iShares Core MSCI Europe ETF
IEUR
$9.16B
| $1.64M | ﹤0.01% |
44,293
+22,339
| +102% | +$1.01M |
|
423
iShares US Pharmaceuticals ETF
IHE
$1.64B
| $1.63M | ﹤0.01% |
36,234
-107,139
| -75% | -$5.4M |
|
424
State Street Technology Select Sector SPDR ETF
XLK
$124B
| $1.62M | ﹤0.01% |
40,376
+1,336
| +3% | +$61K |
|
|
BZUN
425
Baozun
BZUN
$172M
| $1.62M | ﹤0.01% |
57,887
-13,842
| -19% | -$436K |
|
Similar funds
Ken Fisher's Q1 2020 Portfolio in Review
As of Q1 2020, Ken Fisher held 982 positions worth $80.6B, down 19% from $99B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Ken Fisher's Q1 2020 filing shows 84 new, 262 increased, 421 reduced and 116 closed positions. Its largest new stake was Advanced Micro Devices: 7,132,669 shares worth $324M. The largest sale was Johnson & Johnson, an estimated $1.51B.
By sector, the portfolio is most concentrated in Technology at 24% of assets, up from 21% a quarter earlier, followed by Consumer Discretionary and Financials.
- Ken Fisher's largest Q1 2020 buy was Advanced Micro Devices: 7,132,669 shares worth $324M.
- Ken Fisher added most to Mastercard in Q1 2020, an estimated $915M increase.
- Ken Fisher's biggest Q1 2020 reduction was Johnson & Johnson, cutting an estimated $1.51B.
- Ken Fisher fully exited Ambev in Q1 2020, selling an estimated $89.9M.
- Ken Fisher's ten largest holdings make up 31% of its $80.6B portfolio in Q1 2020.
- Ken Fisher opened 84 new positions and closed 116 in Q1 2020.
- Ken Fisher's portfolio value fell 19% quarter-over-quarter to $80.6B.
Based on Fisher Asset Management's 13F filing for Q1 2020, filed 28 Apr 2020.