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 |
TotalEnergies
TTE
|
+$988M |
| 2 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$354M |
| 3 |
BP
BP
|
+$285M |
| 4 |
Freeport-McMoran
FCX
|
+$269M |
| 5 |
Rio Tinto
RIO
|
+$263M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Berkshire Hathaway Class B
BRK.B
|
+$612M |
| 2 |
BAY
BAYER AG SPONS ADR
BAY
|
+$441M |
| 3 |
Johnson & Johnson
JNJ
|
+$247M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$189M |
| 5 |
Vodafone
VOD
|
+$164M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.26% |
| 2 | Financials | 13.72% |
| 3 | Healthcare | 11.39% |
| 4 | Consumer Discretionary | 8.65% |
| 5 | Energy | 5.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
SNP
451
DELISTED
CHINA PETROLEUM & CHEMICAL CORPORATION ADS (REP 100 ORDINARY H SHARES)
SNP
| $2.56M | ﹤0.01% |
25,481
+18,873
| +286% | +$1.78M |
|
|
PTLA
452
DELISTED
Portola Pharmaceuticals, Inc.
PTLA
| $2.5M | ﹤0.01% |
93,692
+1,848
| +2% | +$60.3K |
|
453
Zillow
Z
$8.04B
| $2.48M | ﹤0.01% |
56,100
| – | – |
|
454
Korn Ferry
KFY
$4.21B
| $2.48M | ﹤0.01% |
50,259
-18,295
| -27% | -$1.13M |
|
455
State Street SPDR S&P 500 ETF Trust
SPY
$806B
| $2.45M | ﹤0.01% |
8,422
+2,491
| +42% | +$709K |
|
|
WLH
456
DELISTED
WILLIAM LYON HOMES
WLH
| $2.4M | ﹤0.01% |
151,143
+16,428
| +12% | +$342K |
|
|
ADMS
457
DELISTED
Adamas Pharmaceuticals
ADMS
| $2.37M | ﹤0.01% |
118,117
-28,012
| -19% | -$658K |
|
|
COWN
458
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $2.34M | ﹤0.01% |
143,535
-35,088
| -20% | -$525K |
|
459
First Merchants
FRME
$2.74B
| $2.21M | ﹤0.01% |
49,094
-11,244
| -19% | -$535K |
|
460
Heron Therapeutics
HRTX
$96.8M
| $2.13M | ﹤0.01% |
67,243
-24,832
| -27% | -$925K |
|
461
Columbia Banking Systems
COLB
$8.91B
| $2.09M | ﹤0.01% |
54,011
-17,401
| -24% | -$722K |
|
462
MYR Group
MYRG
$5.26B
| $2.09M | ﹤0.01% |
64,111
-20,432
| -24% | -$720K |
|
463
Resources Connection
RGP
$153M
| $2.08M | ﹤0.01% |
125,295
-48,633
| -28% | -$795K |
|
|
FCB
464
DELISTED
FCB Financial Holdings, Inc.
FCB
| $2.07M | ﹤0.01% |
43,669
-15,861
| -27% | -$839K |
|
465
PNC Financial Services
PNC
$100B
| $2.06M | ﹤0.01% |
15,166
-329
| -2% | -$46.8K |
|
|
BZUN
466
Baozun
BZUN
$175M
| $2.04M | ﹤0.01% |
41,923
| – | – |
|
|
LMNX
467
DELISTED
Luminex Corp
LMNX
| $2.03M | ﹤0.01% |
66,953
-20,546
| -23% | -$616K |
|
468
Union Pacific
UNP
$173B
| $2.01M | ﹤0.01% |
12,367
-117,205
| -90% | -$17.6M |
|
469
Banner Corp
BANR
$2.4B
| $1.99M | ﹤0.01% |
32,054
-7,234
| -18% | -$462K |
|
470
Northern Oil and Gas
NOG
$2.25B
| $1.99M | ﹤0.01% |
49,742
+11,092
| +29% | +$374K |
|
471
Ericsson
ERIC
$33.1B
| $1.98M | ﹤0.01% |
224,971
+2,417
| +1% | +$19.8K |
|
|
NPTN
472
DELISTED
NEOPHOTONICS CORP
NPTN
| $1.98M | ﹤0.01% |
238,522
-66,313
| -22% | -$504K |
|
473
W&T Offshore
WTI
$522M
| $1.97M | ﹤0.01% |
204,657
+47,857
| +31% | +$346K |
|
474
Omnicom Group
OMC
$21.7B
| $1.95M | ﹤0.01% |
28,676
-51,786
| -64% | -$3.63M |
|
|
DHC
475
Diversified Healthcare Trust
DHC
$2.13B
| $1.9M | ﹤0.01% |
108,350
-1,162
| -1% | -$21.3K |
|
Similar funds
Ken Fisher's Q3 2018 Portfolio in Review
As of Q3 2018, Ken Fisher held 943 positions worth $82.4B, up 6.9% from $77B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Ken Fisher's Q3 2018 filing shows 81 new, 327 increased, 378 reduced and 73 closed positions. Its largest new stake was Adobe: 408,693 shares worth $110M. The largest sale was Berkshire Hathaway Class B, an estimated $612M.
By sector, the portfolio is most concentrated in Technology at 16% of assets, up from 15% a quarter earlier, followed by Financials and Healthcare.
- Ken Fisher's largest Q3 2018 buy was Adobe: 408,693 shares worth $110M.
- Ken Fisher added most to TotalEnergies in Q3 2018, an estimated $988M increase.
- Ken Fisher's biggest Q3 2018 reduction was Berkshire Hathaway Class B, cutting an estimated $612M.
- Ken Fisher fully exited Cavium, Inc. in Q3 2018, selling an estimated $56.9M.
- Ken Fisher's ten largest holdings make up 27% of its $82.4B portfolio in Q3 2018.
- Ken Fisher opened 81 new positions and closed 73 in Q3 2018.
- Ken Fisher's portfolio value rose 6.9% quarter-over-quarter to $82.4B.
Based on Fisher Asset Management's 13F filing for Q3 2018, filed 24 Oct 2018.