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 | |
|---|---|---|---|---|---|---|
501
Lennar Class B
LEN.B
$19.4B
| $1.19M | ﹤0.01% |
28,066
-1,730
| -6% | -$76.9K |
|
502
Northern Oil and Gas
NOG
$2.3B
| $1.19M | ﹤0.01% |
50,860
| – | – |
|
|
QTS
503
DELISTED
QTS REALTY TRUST, INC.
QTS
| $1.19M | ﹤0.01% |
21,902
-9,630
| -31% | -$505K |
|
504
Pacira BioSciences
PCRX
$1.04B
| $1.19M | ﹤0.01% |
26,196
-4,508
| -15% | -$191K |
|
|
MCHB
505
Mechanics Bancorp
MCHB
$3.72B
| $1.18M | ﹤0.01% |
34,700
| – | – |
|
506
Oil States International
OIS
$489M
| $1.17M | ﹤0.01% |
71,986
-11,919
| -14% | -$181K |
|
507
CF Industries
CF
$19.2B
| $1.16M | ﹤0.01% |
24,269
-14,334
| -37% | -$671K |
|
508
Globe Life
GL
$14.2B
| $1.15M | ﹤0.01% |
10,897
-108,332
| -91% | -$10.8M |
|
509
W&T Offshore
WTI
$534M
| $1.15M | ﹤0.01% |
206,353
| – | – |
|
510
Kroger
KR
$35.4B
| $1.12M | ﹤0.01% |
38,540
-23,373
| -38% | -$620K |
|
511
Bruker
BRKR
$9.57B
| $1.11M | ﹤0.01% |
21,874
-1,875
| -8% | -$89.3K |
|
512
Labcorp
LH
$25B
| $1.11M | ﹤0.01% |
7,622
-54,221
| -88% | -$7.83M |
|
|
PTLA
513
DELISTED
Portola Pharmaceuticals, Inc.
PTLA
| $1.11M | ﹤0.01% |
46,328
-42,739
| -48% | -$1.18M |
|
514
Schwab US Dividend Equity ETF
SCHD
$104B
| $1.1M | ﹤0.01% |
+57,162
| New | +$1.07M |
|
515
iShares Core MSCI Europe ETF
IEUR
$8.97B
| $1.09M | ﹤0.01% |
21,954
+9,330
| +74% | +$445K |
|
516
Cincinnati Financial
CINF
$27.3B
| $1.06M | ﹤0.01% |
10,091
-108,552
| -91% | -$11.9M |
|
517
iShares MSCI EAFE ETF
EFA
$78B
| $1.05M | ﹤0.01% |
15,108
-306
| -2% | -$20.7K |
|
518
iShares Russell 1000 Growth ETF
IWF
$121B
| $1.05M | ﹤0.01% |
23,812
-5,784
| -20% | -$241K |
|
519
Church & Dwight Co
CHD
$23.4B
| $1.04M | ﹤0.01% |
14,787
-71,630
| -83% | -$5.09M |
|
520
Astronics
ATRO
$3.43B
| $1.04M | ﹤0.01% |
44,591
| – | – |
|
521
Steel Dynamics
STLD
$36B
| $1.02M | ﹤0.01% |
29,839
-420,543
| -93% | -$13.4M |
|
522
Southern Company
SO
$109B
| $1M | ﹤0.01% |
15,753
+4,690
| +42% | +$291K |
|
523
Old Dominion Freight Line
ODFL
$44.1B
| $977K | ﹤0.01% |
15,450
+855
| +6% | +$52.5K |
|
524
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23B
| $959K | ﹤0.01% |
17,889
-9
| -0.1% | -$483 |
|
525
Mercado Libre
MELI
$95.2B
| $953K | ﹤0.01% |
1,667
+111
| +7% | +$61.4K |
|
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.