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 |
FEUL
Credit Suisse FI Enhanced Europe 50 Exchange Traded Notes due May 11, 2028 Linked to the STOXX Europ
FEUL
|
+$302M |
| 2 |
FFEU
Barclays ETN+ FI Enhanced Europe 50 ETN Series C
FFEU
|
+$273M |
| 3 |
Petrobras
PBR
|
+$272M |
| 4 |
BHP
BHP
|
+$266M |
| 5 |
Freeport-McMoran
FCX
|
+$246M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$460M |
| 2 |
FIEU
FI Enhanced Europe 50 ETN
FIEU
|
+$267M |
| 3 |
FLEU
Barclays ETN+ FI Enhanced Europe 50 ETN Series B
FLEU
|
+$239M |
| 4 |
HDFC Bank
HDB
|
+$227M |
| 5 |
Comcast
CMCSA
|
+$227M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 15.36% |
| 2 | Technology | 15.02% |
| 3 | Healthcare | 11.86% |
| 4 | Consumer Discretionary | 9.2% |
| 5 | Consumer Staples | 5.55% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
451
AT&T
T
$159B
| $2.99M | ﹤0.01% |
123,152
-5,546
| -4% | -$139K |
|
452
Booking.com
BKNG
$149B
| $2.96M | ﹤0.01% |
36,550
+10,700
| +41% | +$901K |
|
453
Resources Connection
RGP
$151M
| $2.94M | ﹤0.01% |
173,928
-21,437
| -11% | -$351K |
|
454
Columbia Banking Systems
COLB
$8.84B
| $2.92M | ﹤0.01% |
71,412
-19,745
| -22% | -$844K |
|
455
Builders FirstSource
BLDR
$7.15B
| $2.91M | ﹤0.01% |
159,059
-27,396
| -15% | -$524K |
|
456
Anika Therapeutics
ANIK
$258M
| $2.91M | ﹤0.01% |
90,881
-12,106
| -12% | -$499K |
|
457
M/I Homes
MHO
$3.74B
| $2.88M | ﹤0.01% |
108,580
-30,262
| -22% | -$902K |
|
458
Icon
ICLR
$12.6B
| $2.83M | ﹤0.01% |
21,316
+400
| +2% | +$49.9K |
|
459
First Merchants
FRME
$2.68B
| $2.8M | ﹤0.01% |
60,338
-20,109
| -25% | -$902K |
|
|
CLVS
460
DELISTED
Clovis Oncology, Inc.
CLVS
| $2.65M | ﹤0.01% |
58,306
+10,345
| +22% | +$503K |
|
|
PRAH
461
DELISTED
PRA Health Sciences, Inc.
PRAH
| $2.65M | ﹤0.01% |
28,350
-30
| -0.1% | -$2.58K |
|
|
LMNX
462
DELISTED
Luminex Corp
LMNX
| $2.58M | ﹤0.01% |
87,499
-24,440
| -22% | -$627K |
|
463
Berkshire Hathaway Class A
BRK.A
$1.1T
| $2.54M | ﹤0.01% |
9
+4
| +80% | +$1.17M |
|
464
General Dynamics
GD
$104B
| $2.48M | ﹤0.01% |
13,277
-585
| -4% | -$120K |
|
|
COWN
465
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $2.47M | ﹤0.01% |
178,623
-57,486
| -24% | -$865K |
|
466
Central Pacific Financial
CPF
$1.02B
| $2.44M | ﹤0.01% |
85,347
-30,050
| -26% | -$889K |
|
467
CF Industries
CF
$19.2B
| $2.42M | ﹤0.01% |
54,622
-5,105
| -9% | -$208K |
|
|
PDCO
468
DELISTED
Patterson Companies, Inc.
PDCO
| $2.42M | ﹤0.01% |
106,908
-18,392
| -15% | -$414K |
|
|
GTLS
469
DELISTED
Chart Industries
GTLS
| $2.39M | ﹤0.01% |
+38,766
| New | +$2.44M |
|
470
Banner Corp
BANR
$2.39B
| $2.36M | ﹤0.01% |
39,288
-14,906
| -28% | -$876K |
|
471
Vipshop
VIPS
$7.37B
| $2.34M | ﹤0.01% |
215,721
-25,021
| -10% | -$342K |
|
|
BZUN
472
Baozun
BZUN
$167M
| $2.29M | ﹤0.01% |
41,923
+6,087
| +17% | +$322K |
|
473
AMERISAFE
AMSF
$543M
| $2.28M | ﹤0.01% |
39,461
-15,027
| -28% | -$877K |
|
474
CVB Financial
CVBF
$3.94B
| $2.27M | ﹤0.01% |
101,311
-38,725
| -28% | -$890K |
|
|
LABL
475
DELISTED
Multi-Color Corp
LABL
| $2.25M | ﹤0.01% |
34,734
-13,210
| -28% | -$883K |
|
Similar funds
Ken Fisher's Q2 2018 Portfolio in Review
As of Q2 2018, Ken Fisher held 924 positions worth $77B, up 2.1% from $75.4B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Ken Fisher's Q2 2018 filing shows 95 new, 298 increased, 389 reduced and 62 closed positions. Its largest new stake was Credit Suisse FI Enhanced Europe 50 Exchange Traded Notes due May 11, 2028 Linked to the STOXX Europ: 3,218,864 shares worth $294M. The largest sale was Amazon, an estimated $460M.
By sector, the portfolio is most concentrated in Financials at 15% of assets, down from 17% a quarter earlier, followed by Technology and Healthcare.
- Ken Fisher's largest Q2 2018 buy was Credit Suisse FI Enhanced Europe 50 Exchange Traded Notes due May 11, 2028 Linked to the STOXX Europ: 3,218,864 shares worth $294M.
- Ken Fisher added most to Barclays ETN+ FI Enhanced Europe 50 ETN Series C in Q2 2018, an estimated $273M increase.
- Ken Fisher's biggest Q2 2018 reduction was Amazon, cutting an estimated $460M.
- Ken Fisher fully exited Dr. Reddy's Laboratories in Q2 2018, selling an estimated $165M.
- Ken Fisher's ten largest holdings make up 26% of its $77B portfolio in Q2 2018.
- Ken Fisher opened 95 new positions and closed 62 in Q2 2018.
- Ken Fisher's portfolio value rose 2.1% quarter-over-quarter to $77B.
Based on Fisher Asset Management's 13F filing for Q2 2018, filed 9 Jul 2018.