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 | |
|---|---|---|---|---|---|---|
|
DNR
476
DELISTED
Denbury Resources, Inc.
DNR
| $1.89M | ﹤0.01% |
305,070
+64,870
| +27% | +$324K |
|
477
AMERISAFE
AMSF
$556M
| $1.88M | ﹤0.01% |
30,335
-9,126
| -23% | -$569K |
|
478
Installed Building Products
IBP
$6.39B
| $1.85M | ﹤0.01% |
47,349
-19,132
| -29% | -$964K |
|
479
CVB Financial
CVBF
$4.03B
| $1.82M | ﹤0.01% |
81,685
-19,626
| -19% | -$463K |
|
480
M/I Homes
MHO
$3.73B
| $1.82M | ﹤0.01% |
76,055
-32,525
| -30% | -$844K |
|
|
CLVS
481
DELISTED
Clovis Oncology, Inc.
CLVS
| $1.75M | ﹤0.01% |
59,431
+1,125
| +2% | +$43.6K |
|
482
Central Pacific Financial
CPF
$1.02B
| $1.73M | ﹤0.01% |
65,432
-19,915
| -23% | -$564K |
|
|
MNTA
483
DELISTED
Momenta Pharmaceuticals, Inc.
MNTA
| $1.72M | ﹤0.01% |
65,525
-28,407
| -30% | -$768K |
|
|
LABL
484
DELISTED
Multi-Color Corp
LABL
| $1.72M | ﹤0.01% |
27,609
-7,125
| -21% | -$455K |
|
485
Petrobras Class A
PBR.A
$106B
| $1.72M | ﹤0.01% |
164,202
| – | – |
|
486
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23B
| $1.62M | ﹤0.01% |
31,323
+3,439
| +12% | +$178K |
|
|
CSFL
487
DELISTED
CenterState Bank Corporation Common Stock
CSFL
| $1.6M | ﹤0.01% |
57,173
-15,174
| -21% | -$453K |
|
|
488
Berkshire Hathaway Class A
BRK.A
$1.12T
| $1.6M | ﹤0.01% |
5
-4
| -44% | -$1.24M |
|
489
Builders FirstSource
BLDR
$7.89B
| $1.58M | ﹤0.01% |
107,483
-51,576
| -32% | -$874K |
|
490
Quanex
NX
$957M
| $1.53M | ﹤0.01% |
84,017
-33,353
| -28% | -$587K |
|
491
Expeditors International
EXPD
$23.2B
| $1.52M | ﹤0.01% |
20,700
+414
| +2% | +$30.6K |
|
492
McDonald's
MCD
$195B
| $1.52M | ﹤0.01% |
9,080
+1,503
| +20% | +$241K |
|
493
Oil States International
OIS
$519M
| $1.51M | ﹤0.01% |
45,501
+8,401
| +23% | +$274K |
|
494
UnitedHealth
UNH
$368B
| $1.49M | ﹤0.01% |
5,594
+1,028
| +23% | +$267K |
|
495
Vanguard Total World Stock ETF
VT
$79.4B
| $1.48M | ﹤0.01% |
19,475
+2,863
| +17% | +$215K |
|
496
Shinhan Financial Group
SHG
$34.9B
| $1.46M | ﹤0.01% |
36,300
-20,313
| -36% | -$784K |
|
497
MakeMyTrip
MMYT
$5.63B
| $1.44M | ﹤0.01% |
52,573
| – | – |
|
498
Travere Therapeutics
TVTX
$5.99B
| $1.43M | ﹤0.01% |
49,930
-16,402
| -25% | -$469K |
|
499
Caterpillar
CAT
$401B
| $1.43M | ﹤0.01% |
9,355
+1,854
| +25% | +$262K |
|
500
Lockheed Martin
LMT
$134B
| $1.39M | ﹤0.01% |
4,016
+358
| +10% | +$116K |
|
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.