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 |
BAY
BAYER AG SPONS ADR
BAY
|
+$535M |
| 2 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$124M |
| 3 |
Banco Bradesco
BBD
|
+$98.1M |
| 4 |
Itaú Unibanco
ITUB
|
+$94.1M |
| 5 |
FIHD
UBS AG FI Enhanced Global High Yield ETN
FIHD
|
+$80.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PRXL
Parexel International Corp
PRXL
|
+$184M |
| 2 |
IRY
SPDR S&P International Health Care Sector
IRY
|
+$143M |
| 3 |
DFT
DuPont Fabros Technology Inc.
DFT
|
+$72.5M |
| 4 |
PNC Financial Services
PNC
|
+$31M |
| 5 |
HDFC Bank
HDB
|
+$26.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 28.23% |
| 2 | Financials | 18.2% |
| 3 | Technology | 13.75% |
| 4 | Healthcare | 12.94% |
| 5 | Consumer Discretionary | 8.59% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
551
Occidental Petroleum
OXY
$61.4B
| $560K | ﹤0.01% |
8,729
+2,266
| +35% | +$138K |
|
552
Kimberly-Clark
KMB
$32.6B
| $559K | ﹤0.01% |
4,753
+1,142
| +32% | +$139K |
|
553
British American Tobacco
BTI
$119B
| $552K | ﹤0.01% |
8,840
+5,057
| +134% | +$326K |
|
554
iShares California Muni Bond ETF
CMF
$4.55B
| $531K | ﹤0.01% |
8,954
| – | – |
|
|
XEC
555
DELISTED
CIMAREX ENERGY CO
XEC
| $480K | ﹤0.01% |
4,225
+1,212
| +40% | +$121K |
|
556
BBVA Argentina
BBAR
$3.04B
| $468K | ﹤0.01% |
22,947
+2,506
| +12% | +$43.4K |
|
557
Becton Dickinson
BDX
$48.4B
| $459K | ﹤0.01% |
2,399
+365
| +18% | +$70.8K |
|
|
HOLX
558
DELISTED
Hologic
HOLX
| $449K | ﹤0.01% |
+12,225
| New | +$493K |
|
559
Illinois Tool Works
ITW
$76.4B
| $445K | ﹤0.01% |
3,007
-89
| -3% | -$12.7K |
|
560
Danaher
DHR
$141B
| $441K | ﹤0.01% |
5,804
-313
| -5% | -$23.2K |
|
561
NextEra Energy
NEE
$172B
| $440K | ﹤0.01% |
12,020
+2,884
| +32% | +$106K |
|
562
Amphenol
APH
$207B
| $423K | ﹤0.01% |
39,976
+4,552
| +13% | +$44.7K |
|
|
BNY
563
Bank of New York Mellon
BNY
$110B
| $419K | ﹤0.01% |
7,896
-350
| -4% | -$18.4K |
|
564
General Mills
GIS
$19.2B
| $415K | ﹤0.01% |
8,008
+1,241
| +18% | +$68K |
|
565
Kraft Heinz
KHC
$29.2B
| $414K | ﹤0.01% |
5,335
+2,107
| +65% | +$176K |
|
566
iShares MSCI South Korea ETF
EWY
$28.8B
| $410K | ﹤0.01% |
+5,936
| New | +$408K |
|
567
State Street SPDR Bloomberg Short Term High Yield Bond ETF
SJNK
$4.71B
| $407K | ﹤0.01% |
14,545
-248
| -2% | -$6.91K |
|
568
W.P. Carey
WPC
$15.7B
| $403K | ﹤0.01% |
6,101
-916
| -13% | -$60.9K |
|
569
Deere & Co
DE
$182B
| $402K | ﹤0.01% |
+3,202
| New | +$395K |
|
570
Mondelez International
MDLZ
$79.7B
| $396K | ﹤0.01% |
9,735
+2,243
| +30% | +$95.2K |
|
571
iShares Core S&P Small-Cap ETF
IJR
$107B
| $389K | ﹤0.01% |
+5,238
| New | +$367K |
|
|
ATVI
572
DELISTED
Activision Blizzard
ATVI
| $388K | ﹤0.01% |
6,015
-184
| -3% | -$11.5K |
|
573
Mohawk Industries
MHK
$8.59B
| $383K | ﹤0.01% |
1,546
+201
| +15% | +$50K |
|
574
Netflix
NFLX
$322B
| $383K | ﹤0.01% |
21,110
+5,660
| +37% | +$98.7K |
|
575
iShares MSCI ACWI ex US ETF
ACWX
$12.5B
| $375K | ﹤0.01% |
7,759
-1,736
| -18% | -$81.9K |
|
Similar funds
Ken Fisher's Q3 2017 Portfolio in Review
As of Q3 2017, Ken Fisher held 922 positions worth $71.3B, up 7.5% from $66.3B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Fisher's Q3 2017 filing shows 120 new, 343 increased, 284 reduced and 79 closed positions. Its largest new stake was Coresite Realty Corporation: 286,849 shares worth $32.1M. The largest sale was Parexel International Corp, an estimated $184M.
By sector, the portfolio is most concentrated in Miscellaneous at 28% of assets, up from 28% a quarter earlier, followed by Financials and Technology.
- Ken Fisher's largest Q3 2017 buy was Coresite Realty Corporation: 286,849 shares worth $32.1M.
- Ken Fisher added most to BAYER AG SPONS ADR in Q3 2017, an estimated $535M increase.
- Ken Fisher's biggest Q3 2017 reduction was PNC Financial Services, cutting an estimated $31M.
- Ken Fisher fully exited Parexel International Corp in Q3 2017, selling an estimated $184M.
- Ken Fisher's ten largest holdings make up 23% of its $71.3B portfolio in Q3 2017.
- Ken Fisher opened 120 new positions and closed 79 in Q3 2017.
- Ken Fisher's portfolio value rose 7.5% quarter-over-quarter to $71.3B.
Based on Fisher Asset Management's 13F filing for Q3 2017, filed 17 Oct 2017.