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 |
BAY
BAYER AG SPONS ADR
BAY
|
+$535M |
| 2 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$124M |
| 3 |
Banco Bradesco
BBD
|
+$98.1M |
| 4 |
Itaú Unibanco
ITUB
|
+$94.1M |
| 5 |
FIHD
UBS AG FI Enhanced Global High Yield ETN
FIHD
|
+$80.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PRXL
Parexel International Corp
PRXL
|
+$184M |
| 2 |
IRY
SPDR S&P International Health Care Sector
IRY
|
+$143M |
| 3 |
DFT
DuPont Fabros Technology Inc.
DFT
|
+$72.5M |
| 4 |
PNC Financial Services
PNC
|
+$31M |
| 5 |
HDFC Bank
HDB
|
+$26.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.92% |
| 2 | Technology | 13.57% |
| 3 | Healthcare | 12.73% |
| 4 | Consumer Discretionary | 8.41% |
| 5 | Communication Services | 6.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
SPPI
426
DELISTED
Spectrum Pharmaceuticals Inc
SPPI
| $2.52M | ﹤0.01% |
+179,209
| New | +$1.62M |
|
427
State Street SPDR Portfolio Mortgage Backed Bond ETF
SPMB
$6.98B
| $2.51M | ﹤0.01% |
95,371
-2,873
| -3% | -$75.6K |
|
428
Banc of California
BANC
$2.98B
| $2.43M | ﹤0.01% |
117,148
+12,842
| +12% | +$253K |
|
|
MCHB
429
Mechanics Bancorp
MCHB
$3.68B
| $2.34M | ﹤0.01% |
86,551
| – | – |
|
430
Hanmi Financial
HAFC
$940M
| $2.31M | ﹤0.01% |
74,518
-13,966
| -16% | -$391K |
|
431
CF Industries
CF
$19.3B
| $2.3M | ﹤0.01% |
65,302
-2,050
| -3% | -$63.3K |
|
432
SLB Ltd
SLB
$72.6B
| $2.28M | ﹤0.01% |
32,677
-32,185
| -50% | -$2.13M |
|
433
Zillow
Z
$7.71B
| $2.26M | ﹤0.01% |
+56,100
| New | +$2.37M |
|
|
UN
434
DELISTED
Unilever NV New York Registry Shares
UN
| $2.23M | ﹤0.01% |
37,772
+5,228
| +16% | +$305K |
|
435
Hope Bancorp
HOPE
$1.79B
| $2.21M | ﹤0.01% |
124,995
-22,232
| -15% | -$380K |
|
436
Entravision Communication
EVC
$1.07B
| $2.21M | ﹤0.01% |
387,252
+46,682
| +14% | +$281K |
|
437
ON Semiconductor
ON
$32.6B
| $2.21M | ﹤0.01% |
119,427
-23,575
| -16% | -$379K |
|
438
ServiceNow
NOW
$114B
| $2.2M | ﹤0.01% |
93,565
-18,000
| -16% | -$400K |
|
|
CLVS
439
DELISTED
Clovis Oncology, Inc.
CLVS
| $2.19M | ﹤0.01% |
+26,633
| New | +$2.11M |
|
440
B&G Foods
BGS
$293M
| $2.18M | ﹤0.01% |
68,476
-839
| -1% | -$27.6K |
|
441
Philip Morris
PM
$299B
| $2.14M | ﹤0.01% |
19,270
+4,835
| +33% | +$563K |
|
|
DHC
442
Diversified Healthcare Trust
DHC
$2.17B
| $2.12M | ﹤0.01% |
108,400
| – | – |
|
443
Vipshop
VIPS
$7.3B
| $2.12M | ﹤0.01% |
240,742
| – | – |
|
444
United Parcel Service
UPS
$89.5B
| $2.06M | ﹤0.01% |
17,154
+1,096
| +7% | +$125K |
|
|
WUBA
445
DELISTED
58.com Inc
WUBA
| $2.06M | ﹤0.01% |
32,610
+9,131
| +39% | +$519K |
|
446
Nike
NKE
$62.7B
| $2.02M | ﹤0.01% |
38,920
+347
| +0.9% | +$19.5K |
|
|
LMNX
447
DELISTED
Luminex Corp
LMNX
| $1.96M | ﹤0.01% |
96,503
+29,334
| +44% | +$584K |
|
448
Renasant Corp
RNST
$3.96B
| $1.94M | ﹤0.01% |
45,321
+6,441
| +17% | +$265K |
|
449
Sarepta Therapeutics
SRPT
$1.64B
| $1.93M | ﹤0.01% |
+42,642
| New | +$1.7M |
|
|
BFX
450
DELISTED
BowFlex Inc.
BFX
| $1.93M | ﹤0.01% |
114,402
| – | – |
|
Similar funds
Ken Fisher's Q3 2017 Portfolio in Review
As of Q3 2017, Ken Fisher held 922 positions worth $71.3B, up 7.5% from $66.3B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Fisher's Q3 2017 filing shows 120 new, 343 increased, 284 reduced and 79 closed positions. Its largest new stake was Coresite Realty Corporation: 286,849 shares worth $32.1M. The largest sale was Parexel International Corp, an estimated $184M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, up from 18% a quarter earlier, followed by Technology and Healthcare.
- Ken Fisher's largest Q3 2017 buy was Coresite Realty Corporation: 286,849 shares worth $32.1M.
- Ken Fisher added most to BAYER AG SPONS ADR in Q3 2017, an estimated $535M increase.
- Ken Fisher's biggest Q3 2017 reduction was PNC Financial Services, cutting an estimated $31M.
- Ken Fisher fully exited Parexel International Corp in Q3 2017, selling an estimated $184M.
- Ken Fisher's ten largest holdings make up 23% of its $71.3B portfolio in Q3 2017.
- Ken Fisher opened 120 new positions and closed 79 in Q3 2017.
- Ken Fisher's portfolio value rose 7.5% quarter-over-quarter to $71.3B.
Based on Fisher Asset Management's 13F filing for Q3 2017, filed 17 Oct 2017.