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 |
TotalEnergies
TTE
|
+$988M |
| 2 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$354M |
| 3 |
BP
BP
|
+$285M |
| 4 |
Freeport-McMoran
FCX
|
+$269M |
| 5 |
Rio Tinto
RIO
|
+$263M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Berkshire Hathaway Class B
BRK.B
|
+$612M |
| 2 |
BAY
BAYER AG SPONS ADR
BAY
|
+$441M |
| 3 |
Johnson & Johnson
JNJ
|
+$247M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$189M |
| 5 |
Vodafone
VOD
|
+$164M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.26% |
| 2 | Financials | 13.72% |
| 3 | Healthcare | 11.39% |
| 4 | Consumer Discretionary | 8.65% |
| 5 | Energy | 5.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
526
Global X Robotics & Artificial Intelligence ETF
BOTZ
$3.35B
| $941K | ﹤0.01% |
+41,109
| New | +$918K |
|
527
State Street SPDR Portfolio Europe ETF
SPEU
$732M
| $941K | ﹤0.01% |
28,008
+18,377
| +191% | +$622K |
|
528
Norfolk Southern
NSC
$75.6B
| $940K | ﹤0.01% |
5,210
+637
| +14% | +$109K |
|
|
RDS.B
529
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
| $938K | ﹤0.01% |
13,230
+5,015
| +61% | +$347K |
|
530
CSX Corp
CSX
$92.3B
| $935K | ﹤0.01% |
37,899
+4,362
| +13% | +$104K |
|
531
Old Dominion Freight Line
ODFL
$44B
| $927K | ﹤0.01% |
17,241
| – | – |
|
|
MCHB
532
Mechanics Bancorp
MCHB
$3.77B
| $920K | ﹤0.01% |
34,700
-9,244
| -21% | -$266K |
|
533
State Street SPDR Portfolio Mortgage Backed Bond ETF
SPMB
$6.96B
| $894K | ﹤0.01% |
35,460
-45,433
| -56% | -$1.15M |
|
534
Cannae Holdings
CNNE
$655M
| $846K | ﹤0.01% |
40,393
+1,986
| +5% | +$38.8K |
|
535
Ford
F
$57.5B
| $839K | ﹤0.01% |
90,663
+44,046
| +94% | +$440K |
|
536
iShares TIPS Bond ETF
TIP
$14.5B
| $825K | ﹤0.01% |
7,461
-86
| -1% | -$9.61K |
|
537
Marathon Petroleum
MPC
$89.6B
| $821K | ﹤0.01% |
10,270
-129
| -1% | -$10.2K |
|
|
INN
538
Summit Hotel Properties
INN
$749M
| $806K | ﹤0.01% |
59,541
-18,159
| -23% | -$250K |
|
539
Accenture
ACN
$101B
| $804K | ﹤0.01% |
4,726
-2,147
| -31% | -$357K |
|
540
Mercado Libre
MELI
$96.3B
| $798K | ﹤0.01% |
2,345
-106
| -4% | -$35.9K |
|
541
Wynn Resorts
WYNN
$10.2B
| $794K | ﹤0.01% |
6,250
| – | – |
|
542
iShares Russell 1000 Growth ETF
IWF
$124B
| $788K | ﹤0.01% |
20,216
-1,684
| -8% | -$63.8K |
|
543
Emerson Electric
EMR
$86.7B
| $775K | ﹤0.01% |
10,121
+4,405
| +77% | +$325K |
|
|
NAB
544
DELISTED
NATL AUSTRALIA BK LTD ADS5
NAB
| $772K | ﹤0.01% |
76,729
+3,591
| +5% | +$36.1K |
|
545
Dime Commercial Bancshares
DCOM
$1.82B
| $769K | ﹤0.01% |
+23,171
| New | +$822K |
|
546
Globant
GLOB
$1.6B
| $767K | ﹤0.01% |
13,008
+18
| +0.1% | +$1.05K |
|
|
ATVI
547
DELISTED
Activision Blizzard
ATVI
| $736K | ﹤0.01% |
8,849
+2,300
| +35% | +$174K |
|
548
Fidelity Nasdaq Composite Index ETF
ONEQ
$10.6B
| $734K | ﹤0.01% |
23,250
-1,460
| -6% | -$45.1K |
|
549
Puma Biotechnology
PBYI
$391M
| $724K | ﹤0.01% |
15,786
| – | – |
|
550
Intuitive Surgical
ISRG
$135B
| $701K | ﹤0.01% |
3,663
+942
| +35% | +$167K |
|
Similar funds
Ken Fisher's Q3 2018 Portfolio in Review
As of Q3 2018, Ken Fisher held 943 positions worth $82.4B, up 6.9% from $77B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Ken Fisher's Q3 2018 filing shows 81 new, 327 increased, 378 reduced and 73 closed positions. Its largest new stake was Adobe: 408,693 shares worth $110M. The largest sale was Berkshire Hathaway Class B, an estimated $612M.
By sector, the portfolio is most concentrated in Technology at 16% of assets, up from 15% a quarter earlier, followed by Financials and Healthcare.
- Ken Fisher's largest Q3 2018 buy was Adobe: 408,693 shares worth $110M.
- Ken Fisher added most to TotalEnergies in Q3 2018, an estimated $988M increase.
- Ken Fisher's biggest Q3 2018 reduction was Berkshire Hathaway Class B, cutting an estimated $612M.
- Ken Fisher fully exited Cavium, Inc. in Q3 2018, selling an estimated $56.9M.
- Ken Fisher's ten largest holdings make up 27% of its $82.4B portfolio in Q3 2018.
- Ken Fisher opened 81 new positions and closed 73 in Q3 2018.
- Ken Fisher's portfolio value rose 6.9% quarter-over-quarter to $82.4B.
Based on Fisher Asset Management's 13F filing for Q3 2018, filed 24 Oct 2018.