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 |
Mastercard
MA
|
+$915M |
| 2 |
Meta Platforms (Facebook)
META
|
+$693M |
| 3 |
Salesforce
CRM
|
+$618M |
| 4 |
Walt Disney
DIS
|
+$559M |
| 5 |
Nike
NKE
|
+$545M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Johnson & Johnson
JNJ
|
+$1.51B |
| 2 |
Pfizer
PFE
|
+$1.43B |
| 3 |
UBS Group
UBS
|
+$588M |
| 4 |
HSBC
HSBC
|
+$537M |
| 5 |
Procter & Gamble
PG
|
+$439M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 24.07% |
| 2 | Consumer Discretionary | 10.99% |
| 3 | Financials | 10.93% |
| 4 | Healthcare | 10.39% |
| 5 | Communication Services | 6.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
501
iShares MSCI Switzerland ETF
EWL
$2.23B
| $824K | ﹤0.01% |
23,308
+1,352
| +6% | +$52.5K |
|
|
CSFL
502
DELISTED
CenterState Bank Corporation Common Stock
CSFL
| $822K | ﹤0.01% |
47,704
-8,349
| -15% | -$181K |
|
|
CEO
503
DELISTED
CNOOC Limited
CEO
| $817K | ﹤0.01% |
7,895
+2,856
| +57% | +$406K |
|
504
Lantheus
LNTH
$6.59B
| $816K | ﹤0.01% |
63,950
-10,979
| -15% | -$175K |
|
|
FIEE
505
DELISTED
FI Enhanced Europe 50 ETN
FIEE
| $804K | ﹤0.01% |
8,349
-5,320
| -39% | -$817K |
|
506
Casella Waste Systems
CWST
$5.69B
| $774K | ﹤0.01% |
+19,808
| New | +$961K |
|
507
Labcorp
LH
$25.9B
| $772K | ﹤0.01% |
7,113
-509
| -7% | -$73.3K |
|
508
Heron Therapeutics
HRTX
$92.9M
| $771K | ﹤0.01% |
65,699
-9,637
| -13% | -$181K |
|
509
Globe Life
GL
$14.3B
| $769K | ﹤0.01% |
10,687
-210
| -2% | -$19.8K |
|
510
Lennar Class B
LEN.B
$20.8B
| $757K | ﹤0.01% |
27,546
-520
| -2% | -$22.7K |
|
511
State Street SPDR S&P Metals & Mining ETF
XME
$4.42B
| $755K | ﹤0.01% |
46,799
-46,297
| -50% | -$1.07M |
|
512
iShares TIPS Bond ETF
TIP
$14.5B
| $754K | ﹤0.01% |
6,398
-103
| -2% | -$12.1K |
|
513
iShares MSCI EAFE ETF
EFA
$80.2B
| $753K | ﹤0.01% |
14,093
-1,015
| -7% | -$64.4K |
|
|
K
514
DELISTED
Kellanova
K
| $751K | ﹤0.01% |
13,341
-934
| -7% | -$57.3K |
|
515
Factset
FDS
$10.2B
| $750K | ﹤0.01% |
2,879
+868
| +43% | +$236K |
|
516
iShares California Muni Bond ETF
CMF
$4.62B
| $734K | ﹤0.01% |
12,124
+129
| +1% | +$7.9K |
|
517
Cincinnati Financial
CINF
$27.1B
| $732K | ﹤0.01% |
9,704
-387
| -4% | -$38.6K |
|
518
Citigroup
C
$226B
| $729K | ﹤0.01% |
17,302
-2,116
| -11% | -$142K |
|
519
iShares US Aerospace & Defense ETF
ITA
$14.7B
| $725K | ﹤0.01% |
10,080
+7,802
| +342% | +$798K |
|
520
Colgate-Palmolive
CL
$74.4B
| $723K | ﹤0.01% |
10,891
-145,794
| -93% | -$10.3M |
|
521
Weyerhaeuser
WY
$18.4B
| $716K | ﹤0.01% |
42,218
-1,887
| -4% | -$49.6K |
|
522
Bruker
BRKR
$8.14B
| $700K | ﹤0.01% |
19,527
-2,347
| -11% | -$109K |
|
523
Intuit
INTU
$89B
| $685K | ﹤0.01% |
2,978
+166
| +6% | +$44.9K |
|
524
Travere Therapeutics
TVTX
$5.78B
| $678K | ﹤0.01% |
46,490
-13,700
| -23% | -$206K |
|
525
State Street SPDR Portfolio Mortgage Backed Bond ETF
SPMB
$7B
| $663K | ﹤0.01% |
24,833
+2,191
| +10% | +$57.6K |
|
Similar funds
Ken Fisher's Q1 2020 Portfolio in Review
As of Q1 2020, Ken Fisher held 982 positions worth $80.6B, down 19% from $99B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Ken Fisher's Q1 2020 filing shows 84 new, 262 increased, 421 reduced and 116 closed positions. Its largest new stake was Advanced Micro Devices: 7,132,669 shares worth $324M. The largest sale was Johnson & Johnson, an estimated $1.51B.
By sector, the portfolio is most concentrated in Technology at 24% of assets, up from 21% a quarter earlier, followed by Consumer Discretionary and Financials.
- Ken Fisher's largest Q1 2020 buy was Advanced Micro Devices: 7,132,669 shares worth $324M.
- Ken Fisher added most to Mastercard in Q1 2020, an estimated $915M increase.
- Ken Fisher's biggest Q1 2020 reduction was Johnson & Johnson, cutting an estimated $1.51B.
- Ken Fisher fully exited Ambev in Q1 2020, selling an estimated $89.9M.
- Ken Fisher's ten largest holdings make up 31% of its $80.6B portfolio in Q1 2020.
- Ken Fisher opened 84 new positions and closed 116 in Q1 2020.
- Ken Fisher's portfolio value fell 19% quarter-over-quarter to $80.6B.
Based on Fisher Asset Management's 13F filing for Q1 2020, filed 28 Apr 2020.