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 |
Costco
COST
|
+$384M |
| 2 |
BF
BASF AKTIENGESELLT ADS(RP1 ORD
BF
|
+$293M |
| 3 |
Walmart Inc
WMT
|
+$242M |
| 4 |
UN
Unilever NV New York Registry Shares
UN
|
+$220M |
| 5 |
FIHD
UBS AG FI Enhanced Global High Yield ETN
FIHD
|
+$122M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Bank of America
BAC
|
+$436M |
| 2 |
Home Depot
HD
|
+$261M |
| 3 |
Walt Disney
DIS
|
+$236M |
| 4 |
JPMorgan Chase
JPM
|
+$230M |
| 5 |
Comcast
CMCSA
|
+$219M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.23% |
| 2 | Technology | 13.84% |
| 3 | Healthcare | 11.95% |
| 4 | Consumer Discretionary | 8.3% |
| 5 | Consumer Staples | 5.74% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
501
Fortinet
FTNT
$113B
| $1.14M | ﹤0.01% |
130,900
+1,025
| +0.8% | +$8.35K |
|
502
Trane Technologies
TT
$97.3B
| $1.13M | ﹤0.01% |
12,705
-1,403
| -10% | -$124K |
|
503
Toronto Dominion Bank
TD
$198B
| $1.13M | ﹤0.01% |
19,236
+301
| +2% | +$17.2K |
|
504
EOG Resources
EOG
$77.5B
| $1.11M | ﹤0.01% |
+10,283
| New | +$1.04M |
|
505
Banco Macro
BMA
$6.02B
| $1.09M | ﹤0.01% |
9,427
-252
| -3% | -$29.5K |
|
506
iShares Russell 1000 Value ETF
IWD
$81.8B
| $1.07M | ﹤0.01% |
8,607
+6,352
| +282% | +$770K |
|
|
AGN
507
DELISTED
Allergan plc
AGN
| $1.06M | ﹤0.01% |
6,494
-521
| -7% | -$93.5K |
|
508
iShares Russell 2000 ETF
IWM
$80.2B
| $1.06M | ﹤0.01% |
6,960
+4,510
| +184% | +$677K |
|
509
Renasant Corp
RNST
$3.96B
| $1.05M | ﹤0.01% |
25,640
-19,681
| -43% | -$822K |
|
510
Prothena Corp
PRTA
$440M
| $1.03M | ﹤0.01% |
27,485
+5,672
| +26% | +$289K |
|
|
IMGN
511
DELISTED
Immunogen Inc
IMGN
| $1.02M | ﹤0.01% |
158,476
-90,100
| -36% | -$556K |
|
|
SN
512
DELISTED
Sanchez Energy Corporation
SN
| $1.01M | ﹤0.01% |
191,108
| – | – |
|
|
CLDT
513
Chatham Lodging
CLDT
$622M
| $1M | ﹤0.01% |
44,075
+308
| +0.7% | +$6.9K |
|
514
Insulet
PODD
$11.5B
| $976K | ﹤0.01% |
14,140
| – | – |
|
515
Palo Alto Networks
PANW
$265B
| $966K | ﹤0.01% |
39,972
+864
| +2% | +$21K |
|
|
NAB
516
DELISTED
NATL AUSTRALIA BK LTD ADS5
NAB
| $953K | ﹤0.01% |
82,376
+1,504
| +2% | +$17.4K |
|
517
Westamerica Bancorp
WABC
$1.38B
| $949K | ﹤0.01% |
15,940
+23
| +0.1% | +$1.35K |
|
518
Vanguard Total World Stock ETF
VT
$76.9B
| $922K | ﹤0.01% |
12,410
+3,463
| +39% | +$252K |
|
519
State Street Technology Select Sector SPDR ETF
XLK
$115B
| $919K | ﹤0.01% |
28,754
+3,010
| +12% | +$94.4K |
|
520
F5
FFIV
$22.1B
| $884K | ﹤0.01% |
6,733
+125
| +2% | +$15.5K |
|
521
Globant
GLOB
$1.57B
| $861K | ﹤0.01% |
18,535
-481
| -3% | -$19.3K |
|
522
iShares TIPS Bond ETF
TIP
$14.5B
| $855K | ﹤0.01% |
7,499
+193
| +3% | +$21.9K |
|
|
HT
523
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $854K | ﹤0.01% |
49,087
| – | – |
|
|
AGEN
524
Agenus
AGEN
$329M
| $842K | ﹤0.01% |
13,154
+3,326
| +34% | +$254K |
|
525
Caterpillar
CAT
$373B
| $838K | ﹤0.01% |
5,321
-677
| -11% | -$93.9K |
|
Similar funds
Ken Fisher's Q4 2017 Portfolio in Review
As of Q4 2017, Ken Fisher held 984 positions worth $76.6B, up 7.4% from $71.3B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Ken Fisher's Q4 2017 filing shows 141 new, 329 increased, 331 reduced and 62 closed positions. Its largest new stake was HITACHI LTD ADR (10COM)NEW: 925,930 shares worth $72.2M. The largest sale was Bank of America, an estimated $436M.
By sector, the portfolio is most concentrated in Financials at 17% of assets, down from 18% a quarter earlier, followed by Technology and Healthcare.
- Ken Fisher's largest Q4 2017 buy was HITACHI LTD ADR (10COM)NEW: 925,930 shares worth $72.2M.
- Ken Fisher added most to Costco in Q4 2017, an estimated $384M increase.
- Ken Fisher's biggest Q4 2017 reduction was Bank of America, cutting an estimated $436M.
- Ken Fisher fully exited Harley-Davidson in Q4 2017, selling an estimated $4.17M.
- Ken Fisher's ten largest holdings make up 24% of its $76.6B portfolio in Q4 2017.
- Ken Fisher opened 141 new positions and closed 62 in Q4 2017.
- Ken Fisher's portfolio value rose 7.4% quarter-over-quarter to $76.6B.
Based on Fisher Asset Management's 13F filing for Q4 2017, filed 24 Jan 2018.