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 |
Adobe
ADBE
|
+$312M |
| 2 |
Salesforce
CRM
|
+$299M |
| 3 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$263M |
| 4 |
Netflix
NFLX
|
+$250M |
| 5 |
ConocoPhillips
COP
|
+$246M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PepsiCo
PEP
|
+$755M |
| 2 |
Procter & Gamble
PG
|
+$520M |
| 3 |
UN
Unilever NV New York Registry Shares
UN
|
+$179M |
| 4 |
Televisa
TV
|
+$119M |
| 5 |
Vanguard Industrials ETF
VIS
|
+$81M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.39% |
| 2 | Financials | 12.97% |
| 3 | Healthcare | 11.55% |
| 4 | Consumer Discretionary | 8.66% |
| 5 | Energy | 7.16% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
501
Builders FirstSource
BLDR
$7.8B
| $1.46M | ﹤0.01% |
109,126
-13,351
| -11% | -$175K |
|
502
Citigroup
C
$224B
| $1.43M | ﹤0.01% |
22,987
-18,154
| -44% | -$1.13M |
|
503
W&T Offshore
WTI
$522M
| $1.41M | ﹤0.01% |
204,657
| – | – |
|
504
iShares Global Financials ETF
IXG
$683M
| $1.4M | ﹤0.01% |
22,710
+3,220
| +17% | +$198K |
|
|
NPTN
505
DELISTED
NEOPHOTONICS CORP
NPTN
| $1.36M | ﹤0.01% |
215,607
| – | – |
|
506
Quanex
NX
$883M
| $1.33M | ﹤0.01% |
84,017
| – | – |
|
|
CSFL
507
DELISTED
CenterState Bank Corporation Common Stock
CSFL
| $1.33M | ﹤0.01% |
55,990
-72
| -0.1% | -$1.78K |
|
|
DHC
508
Diversified Healthcare Trust
DHC
$2.13B
| $1.28M | ﹤0.01% |
108,350
| – | – |
|
|
QTS
509
DELISTED
QTS REALTY TRUST, INC.
QTS
| $1.25M | ﹤0.01% |
27,905
-3,052
| -10% | -$128K |
|
510
Oil States International
OIS
$497M
| $1.25M | ﹤0.01% |
73,657
+28,156
| +62% | +$476K |
|
511
Trane Technologies
TT
$101B
| $1.24M | ﹤0.01% |
11,469
+105
| +0.9% | +$10.6K |
|
512
Northern Oil and Gas
NOG
$2.25B
| $1.21M | ﹤0.01% |
44,211
-516
| -1% | -$12.9K |
|
513
Southside Bancshares
SBSI
$972M
| $1.21M | ﹤0.01% |
36,296
-5,045
| -12% | -$171K |
|
514
B&G Foods
BGS
$290M
| $1.19M | ﹤0.01% |
48,713
+1,622
| +3% | +$42.5K |
|
515
PNC Financial Services
PNC
$100B
| $1.18M | ﹤0.01% |
9,618
-2,954
| -23% | -$366K |
|
|
CVET
516
DELISTED
Covetrus, Inc. Common Stock
CVET
| $1.18M | ﹤0.01% |
+37,023
| New | +$1.31M |
|
517
Norfolk Southern
NSC
$75.6B
| $1.18M | ﹤0.01% |
6,304
+97
| +2% | +$16.8K |
|
518
Enanta Pharmaceuticals
ENTA
$377M
| $1.17M | ﹤0.01% |
12,289
+75
| +0.6% | +$6.73K |
|
519
Travere Therapeutics
TVTX
$5.11B
| $1.13M | ﹤0.01% |
49,930
-30
| -0.1% | -$663 |
|
520
Lockheed Martin
LMT
$135B
| $1.13M | ﹤0.01% |
3,760
+632
| +20% | +$185K |
|
521
Lennar Class B
LEN.B
$20.1B
| $1.11M | ﹤0.01% |
29,796
-5,690
| -16% | -$203K |
|
522
Suncor Energy
SU
$77.9B
| $1.09M | ﹤0.01% |
33,509
+11,342
| +51% | +$369K |
|
|
MNTA
523
DELISTED
Momenta Pharmaceuticals, Inc.
MNTA
| $1.07M | ﹤0.01% |
73,701
| – | – |
|
524
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$22.9B
| $1.03M | ﹤0.01% |
19,575
-1,043
| -5% | -$54.4K |
|
525
iShares MSCI EAFE ETF
EFA
$78.4B
| $1.03M | ﹤0.01% |
15,925
+3,147
| +25% | +$198K |
|
Similar funds
Ken Fisher's Q1 2019 Portfolio in Review
As of Q1 2019, Ken Fisher held 944 positions worth $85.3B, up 17% from $73.2B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Ken Fisher's Q1 2019 filing shows 78 new, 319 increased, 366 reduced and 82 closed positions. Its largest new stake was Hess: 2,044,909 shares worth $123M. The largest sale was PepsiCo, an estimated $755M.
By sector, the portfolio is most concentrated in Technology at 18% of assets, up from 17% a quarter earlier, followed by Financials and Healthcare.
- Ken Fisher's largest Q1 2019 buy was Hess: 2,044,909 shares worth $123M.
- Ken Fisher added most to Adobe in Q1 2019, an estimated $312M increase.
- Ken Fisher's biggest Q1 2019 reduction was PepsiCo, cutting an estimated $755M.
- Ken Fisher fully exited Televisa in Q1 2019, selling an estimated $119M.
- Ken Fisher's ten largest holdings make up 26% of its $85.3B portfolio in Q1 2019.
- Ken Fisher opened 78 new positions and closed 82 in Q1 2019.
- Ken Fisher's portfolio value rose 17% quarter-over-quarter to $85.3B.
Based on Fisher Asset Management's 13F filing for Q1 2019, filed 22 Apr 2019.