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 |
Alibaba
BABA
|
+$594M |
| 2 |
ING
ING
|
+$545M |
| 3 |
Banco Santander
SAN
|
+$503M |
| 4 |
Sumitomo Mitsui Financial
SMFG
|
+$364M |
| 5 |
Vodafone
VOD
|
+$314M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Wells Fargo
WFC
|
+$939M |
| 2 |
JPMorgan Chase
JPM
|
+$598M |
| 3 |
RTX Corp
RTX
|
+$579M |
| 4 |
Home Depot
HD
|
+$510M |
| 5 |
Qualcomm
QCOM
|
+$500M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.55% |
| 2 | Technology | 13.55% |
| 3 | Healthcare | 13.21% |
| 4 | Consumer Discretionary | 8.47% |
| 5 | Communication Services | 6.27% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
526
Norfolk Southern
NSC
$75B
| $544K | ﹤0.01% |
4,471
-122
| -3% | -$14.3K |
|
|
AGEN
527
Agenus
AGEN
$329M
| $529K | ﹤0.01% |
6,889
| – | – |
|
528
iShares California Muni Bond ETF
CMF
$4.55B
| $527K | ﹤0.01% |
8,954
| – | – |
|
529
Tesla
TSLA
$1.22T
| $482K | ﹤0.01% |
20,010
-3,795
| -16% | -$83.5K |
|
530
Kimberly-Clark
KMB
$36.6B
| $466K | ﹤0.01% |
3,611
+977
| +37% | +$127K |
|
531
Danaher
DHR
$138B
| $458K | ﹤0.01% |
6,117
+224
| +4% | +$16.8K |
|
532
W.P. Carey
WPC
$16.9B
| $454K | ﹤0.01% |
7,017
+1,940
| +38% | +$123K |
|
533
Vanguard Short-Term Corporate Bond ETF
VCSH
$44.8B
| $445K | ﹤0.01% |
5,560
+941
| +20% | +$75.2K |
|
534
Illinois Tool Works
ITW
$81.6B
| $444K | ﹤0.01% |
3,096
+626
| +25% | +$87.3K |
|
535
iShares MSCI ACWI ex US ETF
ACWX
$11.5B
| $433K | ﹤0.01% |
+9,495
| New | +$429K |
|
536
Northrop Grumman
NOC
$76B
| $431K | ﹤0.01% |
1,678
-288
| -15% | -$72K |
|
537
Starbucks
SBUX
$121B
| $429K | ﹤0.01% |
7,362
-6,855
| -48% | -$414K |
|
|
BNY
538
Bank of New York Mellon
BNY
$106B
| $421K | ﹤0.01% |
8,246
+213
| +3% | +$10.2K |
|
539
Marathon Petroleum
MPC
$91.7B
| $417K | ﹤0.01% |
7,975
+339
| +4% | +$17.5K |
|
540
State Street SPDR Bloomberg Short Term High Yield Bond ETF
SJNK
$4.89B
| $414K | ﹤0.01% |
14,793
+860
| +6% | +$24.1K |
|
541
United Therapeutics
UTHR
$26.2B
| $411K | ﹤0.01% |
3,169
+45
| +1% | +$5.61K |
|
|
DD
542
DELISTED
Du Pont De Nemours E I
DD
| $400K | ﹤0.01% |
4,961
+1,473
| +42% | +$118K |
|
543
BBVA Argentina
BBAR
$4.04B
| $387K | ﹤0.01% |
20,441
+8,141
| +66% | +$152K |
|
544
Becton Dickinson
BDX
$45.6B
| $387K | ﹤0.01% |
2,034
+334
| +20% | +$61K |
|
545
Occidental Petroleum
OXY
$55.6B
| $387K | ﹤0.01% |
6,463
+222
| +4% | +$13.6K |
|
546
General Mills
GIS
$19.4B
| $375K | ﹤0.01% |
6,767
-181
| -3% | -$10.3K |
|
|
ATVI
547
DELISTED
Activision Blizzard
ATVI
| $357K | ﹤0.01% |
6,199
+424
| +7% | +$23.4K |
|
548
iShares Russell 1000 Value ETF
IWD
$81.8B
| $346K | ﹤0.01% |
2,973
+7
| +0.2% | +$806 |
|
|
PFNX
549
DELISTED
Pfenex Inc.
PFNX
| $343K | ﹤0.01% |
85,644
| – | – |
|
550
iShares 7-10 Year Treasury Bond ETF
IEF
$47.2B
| $342K | ﹤0.01% |
3,211
+177
| +6% | +$18.9K |
|
Similar funds
Ken Fisher's Q2 2017 Portfolio in Review
As of Q2 2017, Ken Fisher held 877 positions worth $66.3B, up 6.2% from $62.4B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Fisher's Q2 2017 filing shows 104 new, 361 increased, 246 reduced and 75 closed positions. Its largest new stake was Sumitomo Mitsui Financial: 48,974,918 shares worth $385M. The largest sale was Wells Fargo, an estimated $939M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, down from 19% a quarter earlier, followed by Technology and Healthcare.
- Ken Fisher's largest Q2 2017 buy was Sumitomo Mitsui Financial: 48,974,918 shares worth $385M.
- Ken Fisher added most to Alibaba in Q2 2017, an estimated $594M increase.
- Ken Fisher's biggest Q2 2017 reduction was Wells Fargo, cutting an estimated $939M.
- Ken Fisher fully exited Janus Capital Group Inc in Q2 2017, selling an estimated $54.1M.
- Ken Fisher's ten largest holdings make up 23% of its $66.3B portfolio in Q2 2017.
- Ken Fisher opened 104 new positions and closed 75 in Q2 2017.
- Ken Fisher's portfolio value rose 6.2% quarter-over-quarter to $66.3B.
Based on Fisher Asset Management's 13F filing for Q2 2017, filed 13 Jul 2017.