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 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$274M |
| 2 |
FRLG
Large Cap Growth Index-Linked Exchange Traded Notes due 2028
FRLG
|
+$138M |
| 3 |
FIHD
UBS AG FI Enhanced Global High Yield ETN
FIHD
|
+$69.1M |
| 4 |
Lumentum
LITE
|
+$41.9M |
| 5 |
Invesco QQQ Trust
QQQ
|
+$41.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TSMC
TSM
|
+$171M |
| 2 |
Petrobras
PBR
|
+$64.7M |
| 3 |
Vale
VALE
|
+$62.7M |
| 4 |
WMGI
Wright Medical Group Inc
WMGI
|
+$61.9M |
| 5 |
HDFC Bank
HDB
|
+$57.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.83% |
| 2 | Financials | 13.08% |
| 3 | Healthcare | 10.74% |
| 4 | Consumer Discretionary | 8.75% |
| 5 | Energy | 5.83% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
426
Northern Trust
NTRS
$33.1B
| $2.3M | ﹤0.01% |
21,689
-14,987
| -41% | -$1.53M |
|
427
Korn Ferry
KFY
$4.26B
| $2.28M | ﹤0.01% |
53,816
-5,061
| -9% | -$196K |
|
428
IQVIA
IQV
$38.4B
| $2.26M | ﹤0.01% |
14,656
-62,105
| -81% | -$9.07M |
|
429
State Street Financial Select Sector SPDR ETF
XLF
$58B
| $2.26M | ﹤0.01% |
73,527
+2,675
| +4% | +$78.5K |
|
430
Zimmer Biomet
ZBH
$18.6B
| $2.26M | ﹤0.01% |
15,552
-74,426
| -83% | -$10.3M |
|
431
Teleflex
TFX
$6.17B
| $2.24M | ﹤0.01% |
5,939
-33,196
| -85% | -$11.4M |
|
432
General Dynamics
GD
$104B
| $2.23M | ﹤0.01% |
12,671
+157
| +1% | +$28.2K |
|
|
EXAS
433
DELISTED
Exact Sciences
EXAS
| $2.23M | ﹤0.01% |
24,055
-41,985
| -64% | -$3.69M |
|
434
AMERISAFE
AMSF
$553M
| $2.2M | ﹤0.01% |
33,373
+11
| +0% | +$729 |
|
435
Illinois Tool Works
ITW
$83.2B
| $2.2M | ﹤0.01% |
12,259
+8,277
| +208% | +$1.4M |
|
436
Worthington Enterprises
WOR
$2.78B
| $2.18M | ﹤0.01% |
83,982
-174,446
| -68% | -$4.1M |
|
437
Warner Bros
WBD
$66.2B
| $2.18M | ﹤0.01% |
66,619
-239,039
| -78% | -$7.2M |
|
438
Owens Corning
OC
$11.5B
| $2.17M | ﹤0.01% |
33,406
-285,232
| -90% | -$18.3M |
|
439
iShares MSCI Germany ETF
EWG
$1.6B
| $2.17M | ﹤0.01% |
73,778
+56,522
| +328% | +$1.61M |
|
|
NPTN
440
DELISTED
NEOPHOTONICS CORP
NPTN
| $2.16M | ﹤0.01% |
245,369
| – | – |
|
441
Roper Technologies
ROP
$39.5B
| $2.13M | ﹤0.01% |
6,008
+157
| +3% | +$54.2K |
|
442
Resources Connection
RGP
$155M
| $2.12M | ﹤0.01% |
130,096
-13,638
| -9% | -$207K |
|
|
SNV
443
DELISTED
Synovus
SNV
| $2.12M | ﹤0.01% |
53,995
+1,240
| +2% | +$45.6K |
|
444
Central Pacific Financial
CPF
$1.04B
| $2.11M | ﹤0.01% |
71,444
-174
| -0.2% | -$5.08K |
|
445
MYR Group
MYRG
$5.16B
| $2.09M | ﹤0.01% |
64,111
| – | – |
|
446
First Merchants
FRME
$2.73B
| $2.06M | ﹤0.01% |
49,620
-39
| -0.1% | -$1.56K |
|
447
Regeneron Pharmaceuticals
REGN
$79.4B
| $1.99M | ﹤0.01% |
5,288
-159
| -3% | -$53.5K |
|
448
Booking.com
BKNG
$151B
| $1.96M | ﹤0.01% |
23,900
+225
| +1% | +$17.7K |
|
449
Hormel Foods
HRL
$13.9B
| $1.89M | ﹤0.01% |
41,980
-203
| -0.5% | -$8.74K |
|
450
Stewart Information Services
STC
$2.08B
| $1.89M | ﹤0.01% |
46,338
+500
| +1% | +$20.5K |
|
Similar funds
Ken Fisher's Q4 2019 Portfolio in Review
As of Q4 2019, Ken Fisher held 981 positions worth $99B, up 8.6% from $91.1B the previous quarter. Its ten largest holdings account for 28% of the portfolio.
Ken Fisher's Q4 2019 filing shows 78 new, 256 increased, 457 reduced and 83 closed positions. Its largest new stake was Enterprise Products Partners: 584,777 shares worth $16.5M. The largest sale was TSMC, an estimated $171M.
By sector, the portfolio is most concentrated in Technology at 21% of assets, up from 20% a quarter earlier, followed by Financials and Healthcare.
- Ken Fisher's largest Q4 2019 buy was Enterprise Products Partners: 584,777 shares worth $16.5M.
- Ken Fisher added most to Vanguard Intermediate-Term Corporate Bond ETF in Q4 2019, an estimated $274M increase.
- Ken Fisher's biggest Q4 2019 reduction was TSMC, cutting an estimated $171M.
- Ken Fisher fully exited Wright Medical Group Inc in Q4 2019, selling an estimated $61.9M.
- Ken Fisher's ten largest holdings make up 28% of its $99B portfolio in Q4 2019.
- Ken Fisher opened 78 new positions and closed 83 in Q4 2019.
- Ken Fisher's portfolio value rose 8.6% quarter-over-quarter to $99B.
Based on Fisher Asset Management's 13F filing for Q4 2019, filed 12 Feb 2020.