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 | Miscellaneous | 27.68% |
| 2 | Financials | 17.84% |
| 3 | Technology | 13.72% |
| 4 | Healthcare | 13.4% |
| 5 | Consumer Discretionary | 8.66% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
551
Clorox
CLX
$10.6B
| $337K | ﹤0.01% |
2,529
+188
| +8% | +$25.4K |
|
552
Vanguard Morningstar Growth ETF
VUG
$226B
| $337K | ﹤0.01% |
+15,906
| New | +$333K |
|
553
iShares Russell 2000 ETF
IWM
$78.5B
| $336K | ﹤0.01% |
2,383
-453
| -16% | -$62.7K |
|
554
Vanguard Dividend Appreciation ETF
VIG
$112B
| $334K | ﹤0.01% |
+3,601
| New | +$330K |
|
555
Amphenol
APH
$207B
| $327K | ﹤0.01% |
35,424
+1,344
| +4% | +$12.3K |
|
556
Mohawk Industries
MHK
$8.59B
| $325K | ﹤0.01% |
1,345
| – | – |
|
557
Mondelez International
MDLZ
$79.7B
| $324K | ﹤0.01% |
7,492
+562
| +8% | +$25.3K |
|
|
WBK
558
DELISTED
Westpac Banking Corporation
WBK
| $324K | ﹤0.01% |
13,863
+2,354
| +20% | +$57.1K |
|
559
NextEra Energy
NEE
$172B
| $320K | ﹤0.01% |
+9,136
| New | +$312K |
|
560
iShares S&P 100 ETF
OEF
$20.4B
| $319K | ﹤0.01% |
2,985
+43
| +1% | +$4.57K |
|
561
Telkom Indonesia
TLK
$14.7B
| $305K | ﹤0.01% |
9,044
-7,687
| -46% | -$251K |
|
562
iShares Russell Mid-Cap ETF
IWR
$55.9B
| $299K | ﹤0.01% |
6,232
+1,780
| +40% | +$84.4K |
|
563
Pacira BioSciences
PCRX
$1.01B
| $298K | ﹤0.01% |
6,257
| – | – |
|
564
Jazz Pharmaceuticals
JAZZ
$16B
| $295K | ﹤0.01% |
1,896
| – | – |
|
|
WOOF
565
DELISTED
VCA Inc.
WOOF
| $293K | ﹤0.01% |
3,171
+250
| +9% | +$23K |
|
566
iShares Core MSCI Emerging Markets ETF
IEMG
$163B
| $288K | ﹤0.01% |
+5,759
| New | +$284K |
|
567
Travelers Companies
TRV
$78.3B
| $286K | ﹤0.01% |
2,262
-199
| -8% | -$24.5K |
|
568
Phillips 66
PSX
$104B
| $285K | ﹤0.01% |
3,451
-1,969
| -36% | -$155K |
|
|
XEC
569
DELISTED
CIMAREX ENERGY CO
XEC
| $283K | ﹤0.01% |
3,013
+13
| +0.4% | +$1.43K |
|
570
Kraft Heinz
KHC
$29.2B
| $276K | ﹤0.01% |
3,228
+339
| +12% | +$30.7K |
|
|
MMP
571
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $273K | ﹤0.01% |
+3,831
| New | +$281K |
|
572
NatWest
NWG
$75B
| $267K | ﹤0.01% |
+37,999
| New | +$266K |
|
573
Cummins
CMI
$76.6B
| $265K | ﹤0.01% |
1,635
+44
| +3% | +$6.83K |
|
574
Moody's
MCO
$82.3B
| $263K | ﹤0.01% |
2,160
| – | – |
|
575
ConocoPhillips
COP
$165B
| $260K | ﹤0.01% |
5,921
-1,512
| -20% | -$70.5K |
|
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 Miscellaneous at 28% of assets, up from 22% a quarter earlier, followed by Financials and Technology.
- 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.