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 |
FIYY
Barclays ETN+ FI Enhanced Global High Yield ETN Series B
FIYY
|
+$1.49B |
| 2 |
FFEU
Barclays ETN+ FI Enhanced Europe 50 ETN Series C
FFEU
|
+$423M |
| 3 |
SLB Ltd
SLB
|
+$408M |
| 4 |
RDS.A
Royal Dutch Shell PLC ADS Class A
RDS.A
|
+$340M |
| 5 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$180M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FIGY
Barclays ETN+ FI Enhanced Global High Yield ETN
FIGY
|
+$1.59B |
| 2 |
FEEU
Barclays ETN+ FI Enhanced Europe 50 ETN
FEEU
|
+$464M |
| 3 |
Citigroup
C
|
+$340M |
| 4 |
American Express
AXP
|
+$206M |
| 5 |
CAA
CalAtlantic Group, Inc.
CAA
|
+$123M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16.58% |
| 2 | Technology | 14.9% |
| 3 | Healthcare | 12.05% |
| 4 | Consumer Discretionary | 9.38% |
| 5 | Consumer Staples | 5.59% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
501
McDonald's
MCD
$188B
| $1.22M | ﹤0.01% |
7,807
-308
| -4% | -$50.7K |
|
502
Wynn Resorts
WYNN
$10.2B
| $1.19M | ﹤0.01% |
+6,499
| New | +$1.12M |
|
|
ACET
503
DELISTED
Aceto Corp
ACET
| $1.18M | ﹤0.01% |
154,574
-31,135
| -17% | -$272K |
|
|
AGN
504
DELISTED
Allergan plc
AGN
| $1.1M | ﹤0.01% |
6,516
+22
| +0.3% | +$3.69K |
|
505
Renasant Corp
RNST
$4.02B
| $1.09M | ﹤0.01% |
25,640
| – | – |
|
506
Hanmi Financial
HAFC
$949M
| $1.07M | ﹤0.01% |
34,966
-22,542
| -39% | -$704K |
|
507
Puma Biotechnology
PBYI
$391M
| $1.07M | ﹤0.01% |
15,786
-600
| -4% | -$44.9K |
|
|
QTS
508
DELISTED
QTS REALTY TRUST, INC.
QTS
| $1.07M | ﹤0.01% |
29,536
-180
| -0.6% | -$7.72K |
|
509
Hope Bancorp
HOPE
$1.81B
| $1.04M | ﹤0.01% |
57,069
-37,526
| -40% | -$695K |
|
510
Banco Macro
BMA
$5.93B
| $1.02M | ﹤0.01% |
9,427
| – | – |
|
511
Prothena Corp
PRTA
$436M
| $1.01M | ﹤0.01% |
27,485
| – | – |
|
512
Caterpillar
CAT
$382B
| $995K | ﹤0.01% |
6,749
+1,428
| +27% | +$225K |
|
513
Trane Technologies
TT
$101B
| $995K | ﹤0.01% |
11,640
-1,065
| -8% | -$95.6K |
|
514
Toronto Dominion Bank
TD
$200B
| $993K | ﹤0.01% |
17,475
-1,761
| -9% | -$103K |
|
515
UnitedHealth
UNH
$377B
| $985K | ﹤0.01% |
4,601
-2,802
| -38% | -$640K |
|
516
iShares TIPS Bond ETF
TIP
$14.5B
| $973K | ﹤0.01% |
8,607
+1,108
| +15% | +$125K |
|
517
Globant
GLOB
$1.6B
| $955K | ﹤0.01% |
18,535
| – | – |
|
518
Vanguard Total World Stock ETF
VT
$78B
| $927K | ﹤0.01% |
12,592
+182
| +1% | +$13.8K |
|
|
HT
519
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $879K | ﹤0.01% |
49,087
| – | – |
|
|
ADMS
520
DELISTED
Adamas Pharmaceuticals
ADMS
| $871K | ﹤0.01% |
36,431
| – | – |
|
521
Old Dominion Freight Line
ODFL
$44B
| $847K | ﹤0.01% |
17,295
+54
| +0.3% | +$2.56K |
|
|
CLDT
522
Chatham Lodging
CLDT
$614M
| $843K | ﹤0.01% |
44,008
-67
| -0.2% | -$1.39K |
|
523
Fidelity Nasdaq Composite Index ETF
ONEQ
$10.6B
| $823K | ﹤0.01% |
29,740
+15,100
| +103% | +$430K |
|
|
NAB
524
DELISTED
NATL AUSTRALIA BK LTD ADS5
NAB
| $814K | ﹤0.01% |
74,489
-7,887
| -10% | -$86.2K |
|
525
Deere & Co
DE
$163B
| $813K | ﹤0.01% |
5,236
+960
| +22% | +$156K |
|
Similar funds
Ken Fisher's Q1 2018 Portfolio in Review
As of Q1 2018, Ken Fisher held 991 positions worth $75.4B, down 1.5% from $76.6B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Ken Fisher's Q1 2018 filing shows 69 new, 261 increased, 401 reduced and 162 closed positions. Its largest new stake was Barclays ETN+ FI Enhanced Global High Yield ETN Series B: 15,406,823 shares worth $1.49B. The largest sale was Barclays ETN+ FI Enhanced Global High Yield ETN, an estimated $1.59B.
By sector, the portfolio is most concentrated in Financials at 17% of assets, down from 17% a quarter earlier, followed by Technology and Healthcare.
- Ken Fisher's largest Q1 2018 buy was Barclays ETN+ FI Enhanced Global High Yield ETN Series B: 15,406,823 shares worth $1.49B.
- Ken Fisher added most to SLB Ltd in Q1 2018, an estimated $408M increase.
- Ken Fisher's biggest Q1 2018 reduction was Barclays ETN+ FI Enhanced Global High Yield ETN, cutting an estimated $1.59B.
- Ken Fisher fully exited CalAtlantic Group, Inc. in Q1 2018, selling an estimated $123M.
- Ken Fisher's ten largest holdings make up 26% of its $75.4B portfolio in Q1 2018.
- Ken Fisher opened 69 new positions and closed 162 in Q1 2018.
- Ken Fisher's portfolio value fell 1.5% quarter-over-quarter to $75.4B.
Based on Fisher Asset Management's 13F filing for Q1 2018, filed 19 Apr 2018.