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 | |
|---|---|---|---|---|---|---|
451
Tyson Foods
TSN
$21B
| $1.86M | ﹤0.01% |
20,388
+761
| +4% | +$65.4K |
|
452
Edwards Lifesciences
EW
$51.1B
| $1.85M | ﹤0.01% |
23,760
-4,038
| -15% | -$315K |
|
|
REP
453
DELISTED
REPSOL YPF SA ADS(RP 1 CAP SH)
REP
| $1.83M | ﹤0.01% |
117,385
-4,474
| -4% | -$69.9K |
|
|
VMW
454
DELISTED
VMware, Inc
VMW
| $1.82M | ﹤0.01% |
11,966
+39
| +0.3% | +$6.11K |
|
|
JOYY
455
JOYY Inc
JOYY
$3.73B
| $1.81M | ﹤0.01% |
34,278
| – | – |
|
456
Banner Corp
BANR
$2.4B
| $1.79M | ﹤0.01% |
31,665
-6,353
| -17% | -$352K |
|
457
State Street Technology Select Sector SPDR ETF
XLK
$117B
| $1.79M | ﹤0.01% |
39,040
-44
| -0.1% | -$1.88K |
|
458
Alkermes
ALKS
$8.31B
| $1.77M | ﹤0.01% |
87,010
-17,889
| -17% | -$356K |
|
459
Heron Therapeutics
HRTX
$96.8M
| $1.77M | ﹤0.01% |
75,336
+77
| +0.1% | +$1.7K |
|
|
LM
460
DELISTED
Legg Mason, Inc.
LM
| $1.76M | ﹤0.01% |
49,081
-259,173
| -84% | -$9.62M |
|
461
CVB Financial
CVBF
$4.03B
| $1.75M | ﹤0.01% |
81,124
-9,632
| -11% | -$204K |
|
462
Live Nation Entertainment
LYV
$42.3B
| $1.75M | ﹤0.01% |
24,426
-320,115
| -93% | -$21.7M |
|
|
NUAN
463
DELISTED
Nuance Communications, Inc.
NUAN
| $1.69M | ﹤0.01% |
94,875
-1,242,305
| -93% | -$20.6M |
|
|
SINA
464
DELISTED
Sina Corp
SINA
| $1.69M | ﹤0.01% |
42,328
| – | – |
|
465
Myriad Genetics
MYGN
$285M
| $1.68M | ﹤0.01% |
61,651
-119,504
| -66% | -$3.29M |
|
466
PNC Financial Services
PNC
$100B
| $1.67M | ﹤0.01% |
10,489
+180
| +2% | +$27K |
|
|
MITSY
467
DELISTED
MITSUI & CO LTD ADR (US)
MITSY
| $1.67M | ﹤0.01% |
4,665
-1,882
| -29% | -$674K |
|
468
Icon
ICLR
$12.2B
| $1.63M | ﹤0.01% |
9,454
-23,480
| -71% | -$3.62M |
|
469
J&J Snack Foods
JJSF
$1.48B
| $1.61M | ﹤0.01% |
8,765
-24,919
| -74% | -$4.69M |
|
|
JNPR
470
DELISTED
Juniper Networks
JNPR
| $1.61M | ﹤0.01% |
65,409
-35,202
| -35% | -$866K |
|
471
iShares Core S&P 500 ETF
IVV
$884B
| $1.6M | ﹤0.01% |
4,964
+2,416
| +95% | +$748K |
|
472
Expeditors International
EXPD
$22.3B
| $1.59M | ﹤0.01% |
20,339
+264
| +1% | +$19.8K |
|
|
ANSS
473
DELISTED
Ansys
ANSS
| $1.57M | ﹤0.01% |
6,094
-15,783
| -72% | -$3.73M |
|
|
LMNX
474
DELISTED
Luminex Corp
LMNX
| $1.56M | ﹤0.01% |
67,409
-15,762
| -19% | -$325K |
|
475
Southside Bancshares
SBSI
$972M
| $1.56M | ﹤0.01% |
41,970
| – | – |
|
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.