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 | |
|---|---|---|---|---|---|---|
|
ACET
426
DELISTED
Aceto Corp
ACET
| $2.13M | ﹤0.01% |
138,018
+34,168
| +33% | +$510K |
|
427
AT&T
T
$159B
| $2.1M | ﹤0.01% |
73,857
+7,347
| +11% | +$217K |
|
428
ON Semiconductor
ON
$32.6B
| $2.01M | ﹤0.01% |
143,002
| – | – |
|
429
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23B
| $2M | ﹤0.01% |
37,944
+1,080
| +3% | +$56.8K |
|
|
JOYY
430
JOYY Inc
JOYY
$3.68B
| $1.98M | ﹤0.01% |
34,109
| – | – |
|
431
Incyte
INCY
$24.9B
| $1.96M | ﹤0.01% |
15,532
+482
| +3% | +$61.3K |
|
432
State Street SPDR S&P Capital Markets ETF
KCE
$456M
| $1.95M | ﹤0.01% |
39,644
-6,015
| -13% | -$283K |
|
433
CF Industries
CF
$19.3B
| $1.88M | ﹤0.01% |
67,352
-1,547
| -2% | -$42.6K |
|
|
SRCI
434
DELISTED
SRC Energy Inc
SRCI
| $1.87M | ﹤0.01% |
277,382
+69,131
| +33% | +$508K |
|
435
Booking.com
BKNG
$150B
| $1.86M | ﹤0.01% |
24,875
+8,725
| +54% | +$640K |
|
|
IMGN
436
DELISTED
Immunogen Inc
IMGN
| $1.82M | ﹤0.01% |
256,206
+2,530
| +1% | +$11.6K |
|
|
UN
437
DELISTED
Unilever NV New York Registry Shares
UN
| $1.8M | ﹤0.01% |
32,544
+5,411
| +20% | +$292K |
|
438
United Parcel Service
UPS
$89.5B
| $1.78M | ﹤0.01% |
16,058
-276,556
| -95% | -$29.6M |
|
439
Diageo
DEO
$49.5B
| $1.77M | ﹤0.01% |
14,774
+812
| +6% | +$96.7K |
|
440
Stewart Information Services
STC
$2.08B
| $1.75M | ﹤0.01% |
38,443
+10,749
| +39% | +$484K |
|
441
Ericsson
ERIC
$32.1B
| $1.73M | ﹤0.01% |
241,768
-17,827
| -7% | -$121K |
|
442
Renasant Corp
RNST
$3.96B
| $1.7M | ﹤0.01% |
38,880
-14,378
| -27% | -$603K |
|
443
Philip Morris
PM
$299B
| $1.7M | ﹤0.01% |
14,435
+818
| +6% | +$94.7K |
|
444
Lowe's Companies
LOW
$118B
| $1.69M | ﹤0.01% |
21,829
-7,462
| -25% | -$610K |
|
445
PTC Therapeutics
PTCT
$6.26B
| $1.64M | ﹤0.01% |
89,642
| – | – |
|
446
ResMed
RMD
$30.3B
| $1.63M | ﹤0.01% |
20,950
| – | – |
|
447
M&T Bank
MTB
$35.8B
| $1.63M | ﹤0.01% |
10,040
-26,366
| -72% | -$4.16M |
|
|
IFX
448
DELISTED
INFINEON TECH AG ADS(REP1 ORD)
IFX
| $1.59M | ﹤0.01% |
75,619
+191
| +0.3% | +$4.03K |
|
449
Myriad Genetics
MYGN
$507M
| $1.58M | ﹤0.01% |
61,011
| – | – |
|
|
SIGM
450
DELISTED
Sigma Designs Inc
SIGM
| $1.55M | ﹤0.01% |
264,744
+69,877
| +36% | +$423K |
|
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.