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 |
Costco
COST
|
+$384M |
| 2 |
BF
BASF AKTIENGESELLT ADS(RP1 ORD
BF
|
+$293M |
| 3 |
Walmart Inc
WMT
|
+$242M |
| 4 |
UN
Unilever NV New York Registry Shares
UN
|
+$220M |
| 5 |
FIHD
UBS AG FI Enhanced Global High Yield ETN
FIHD
|
+$122M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Bank of America
BAC
|
+$436M |
| 2 |
Home Depot
HD
|
+$261M |
| 3 |
Walt Disney
DIS
|
+$236M |
| 4 |
JPMorgan Chase
JPM
|
+$230M |
| 5 |
Comcast
CMCSA
|
+$219M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.23% |
| 2 | Technology | 13.84% |
| 3 | Healthcare | 11.95% |
| 4 | Consumer Discretionary | 8.3% |
| 5 | Consumer Staples | 5.74% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
426
Ring Energy
REI
$315M
| $3.14M | ﹤0.01% |
226,201
+24,307
| +12% | +$326K |
|
|
CHL
427
DELISTED
China Mobile Limited
CHL
| $3.1M | ﹤0.01% |
61,438
+400
| +0.7% | +$20.1K |
|
428
Shinhan Financial Group
SHG
$34B
| $3.1M | ﹤0.01% |
66,790
-1,589
| -2% | -$71.3K |
|
|
PRAH
429
DELISTED
PRA Health Sciences, Inc.
PRAH
| $3.06M | ﹤0.01% |
33,550
-9,909
| -23% | -$824K |
|
430
Banner Corp
BANR
$2.37B
| $3M | ﹤0.01% |
54,385
+5,821
| +12% | +$337K |
|
431
Vanguard Mortgage-Backed Securities ETF
VMBS
$15.5B
| $2.94M | ﹤0.01% |
+56,116
| New | +$2.95M |
|
432
General Dynamics
GD
$103B
| $2.89M | ﹤0.01% |
14,199
+525
| +4% | +$107K |
|
433
Vipshop
VIPS
$7.3B
| $2.82M | ﹤0.01% |
240,742
| – | – |
|
434
Icon
ICLR
$12.8B
| $2.82M | ﹤0.01% |
25,116
-258
| -1% | -$29.7K |
|
435
Knowles
KN
$3.08B
| $2.78M | ﹤0.01% |
189,723
+19,478
| +11% | +$304K |
|
436
Entravision Communication
EVC
$1.07B
| $2.77M | ﹤0.01% |
387,252
| – | – |
|
437
PTC Therapeutics
PTCT
$6.26B
| $2.76M | ﹤0.01% |
165,658
-7,387
| -4% | -$125K |
|
438
B&G Foods
BGS
$293M
| $2.73M | ﹤0.01% |
77,654
+9,178
| +13% | +$314K |
|
439
Lowe's Companies
LOW
$118B
| $2.69M | ﹤0.01% |
28,982
+6,408
| +28% | +$530K |
|
|
BUFF
440
DELISTED
Blue Buffalo Pet Products, Inc
BUFF
| $2.69M | ﹤0.01% |
+82,085
| New | +$2.43M |
|
441
CF Industries
CF
$19.3B
| $2.64M | ﹤0.01% |
62,156
-3,146
| -5% | -$119K |
|
|
SRCI
442
DELISTED
SRC Energy Inc
SRCI
| $2.64M | ﹤0.01% |
309,462
+32,080
| +12% | +$283K |
|
|
NPTN
443
DELISTED
NEOPHOTONICS CORP
NPTN
| $2.63M | ﹤0.01% |
400,515
+56,920
| +17% | +$348K |
|
444
ON Semiconductor
ON
$32.6B
| $2.51M | ﹤0.01% |
119,677
+250
| +0.2% | +$5.1K |
|
445
Nike
NKE
$62.7B
| $2.48M | ﹤0.01% |
39,698
+778
| +2% | +$44.7K |
|
446
ServiceNow
NOW
$114B
| $2.46M | ﹤0.01% |
94,525
+960
| +1% | +$23.9K |
|
447
Lantheus
LNTH
$6.58B
| $2.41M | ﹤0.01% |
117,973
+16,930
| +17% | +$345K |
|
448
Sarepta Therapeutics
SRPT
$1.64B
| $2.37M | ﹤0.01% |
42,648
+6
| +0% | +$318 |
|
|
CSFL
449
DELISTED
CenterState Bank Corporation Common Stock
CSFL
| $2.36M | ﹤0.01% |
91,858
-26,958
| -23% | -$719K |
|
|
WUBA
450
DELISTED
58.com Inc
WUBA
| $2.33M | ﹤0.01% |
32,610
| – | – |
|
Similar funds
Ken Fisher's Q4 2017 Portfolio in Review
As of Q4 2017, Ken Fisher held 984 positions worth $76.6B, up 7.4% from $71.3B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Ken Fisher's Q4 2017 filing shows 141 new, 329 increased, 331 reduced and 62 closed positions. Its largest new stake was HITACHI LTD ADR (10COM)NEW: 925,930 shares worth $72.2M. The largest sale was Bank of America, an estimated $436M.
By sector, the portfolio is most concentrated in Financials at 17% of assets, down from 18% a quarter earlier, followed by Technology and Healthcare.
- Ken Fisher's largest Q4 2017 buy was HITACHI LTD ADR (10COM)NEW: 925,930 shares worth $72.2M.
- Ken Fisher added most to Costco in Q4 2017, an estimated $384M increase.
- Ken Fisher's biggest Q4 2017 reduction was Bank of America, cutting an estimated $436M.
- Ken Fisher fully exited Harley-Davidson in Q4 2017, selling an estimated $4.17M.
- Ken Fisher's ten largest holdings make up 24% of its $76.6B portfolio in Q4 2017.
- Ken Fisher opened 141 new positions and closed 62 in Q4 2017.
- Ken Fisher's portfolio value rose 7.4% quarter-over-quarter to $76.6B.
Based on Fisher Asset Management's 13F filing for Q4 2017, filed 24 Jan 2018.