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 |
FIYY
Barclays ETN+ FI Enhanced Global High Yield ETN Series B
FIYY
|
+$1.49B |
| 2 |
FFEU
Barclays ETN+ FI Enhanced Europe 50 ETN Series C
FFEU
|
+$423M |
| 3 |
SLB Ltd
SLB
|
+$408M |
| 4 |
RDS.A
Royal Dutch Shell PLC ADS Class A
RDS.A
|
+$340M |
| 5 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$180M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FIGY
Barclays ETN+ FI Enhanced Global High Yield ETN
FIGY
|
+$1.59B |
| 2 |
FEEU
Barclays ETN+ FI Enhanced Europe 50 ETN
FEEU
|
+$464M |
| 3 |
Citigroup
C
|
+$340M |
| 4 |
American Express
AXP
|
+$206M |
| 5 |
CAA
CalAtlantic Group, Inc.
CAA
|
+$123M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16.58% |
| 2 | Technology | 14.9% |
| 3 | Healthcare | 12.05% |
| 4 | Consumer Discretionary | 9.38% |
| 5 | Consumer Staples | 5.59% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
551
Duke Energy
DUK
$96.9B
| $554K | ﹤0.01% |
7,154
-2,657
| -27% | -$205K |
|
552
Accenture
ACN
$101B
| $552K | ﹤0.01% |
3,593
-568
| -14% | -$90K |
|
553
Hartford Financial Services
HIG
$39.2B
| $543K | ﹤0.01% |
10,532
-224
| -2% | -$12.3K |
|
554
iShares California Muni Bond ETF
CMF
$4.58B
| $537K | ﹤0.01% |
9,201
+133
| +1% | +$7.78K |
|
|
ACC
555
DELISTED
American Campus Communities, Inc.
ACC
| $535K | ﹤0.01% |
13,850
-2,400
| -15% | -$90.5K |
|
556
Starbucks
SBUX
$118B
| $527K | ﹤0.01% |
9,099
-1,414
| -13% | -$81.7K |
|
|
PFNX
557
DELISTED
Pfenex Inc.
PFNX
| $514K | ﹤0.01% |
85,644
| – | – |
|
558
iShares Russell 2000 ETF
IWM
$81.5B
| $513K | ﹤0.01% |
3,376
-3,584
| -51% | -$554K |
|
559
BBVA Argentina
BBAR
$3.86B
| $511K | ﹤0.01% |
22,387
| – | – |
|
560
Incyte
INCY
$24B
| $509K | ﹤0.01% |
6,104
-7,567
| -55% | -$682K |
|
561
Illinois Tool Works
ITW
$83B
| $508K | ﹤0.01% |
3,240
-264
| -8% | -$43.8K |
|
562
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.46B
| $502K | ﹤0.01% |
12,471
+6,566
| +111% | +$272K |
|
563
Becton Dickinson
BDX
$46.9B
| $492K | ﹤0.01% |
2,329
-92
| -4% | -$20.1K |
|
564
VF Corp
VFC
$5.87B
| $491K | ﹤0.01% |
7,035
+3,067
| +77% | +$222K |
|
565
Regeneron Pharmaceuticals
REGN
$78.2B
| $458K | ﹤0.01% |
1,330
-135
| -9% | -$47K |
|
566
Telecom Argentina
TEO
$5.98B
| $456K | ﹤0.01% |
14,568
+7,491
| +106% | +$263K |
|
567
DHI Group
DHX
$175M
| $454K | ﹤0.01% |
283,669
| – | – |
|
|
ATVI
568
DELISTED
Activision Blizzard
ATVI
| $454K | ﹤0.01% |
6,734
-264
| -4% | -$18.6K |
|
|
WBA
569
DELISTED
Walgreens Boots Alliance
WBA
| $452K | ﹤0.01% |
6,904
-2,411
| -26% | -$172K |
|
570
Mondelez International
MDLZ
$78.8B
| $451K | ﹤0.01% |
10,815
-393
| -4% | -$17.1K |
|
571
FedEx
FDX
$73.2B
| $440K | ﹤0.01% |
1,833
+24
| +1% | +$6.07K |
|
572
iShares Russell 2000 Value ETF
IWN
$14.5B
| $429K | ﹤0.01% |
3,518
-1,108
| -24% | -$139K |
|
573
YPF
YPF
$200B
| $428K | ﹤0.01% |
19,814
+7,642
| +63% | +$177K |
|
574
SPDR Gold Trust
GLD
$131B
| $424K | ﹤0.01% |
3,367
+871
| +35% | +$110K |
|
575
Magnite
MGNI
$2.8B
| $419K | ﹤0.01% |
232,948
| – | – |
|
Similar funds
Ken Fisher's Q1 2018 Portfolio in Review
As of Q1 2018, Ken Fisher held 991 positions worth $75.4B, down 1.5% from $76.6B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Ken Fisher's Q1 2018 filing shows 69 new, 261 increased, 401 reduced and 162 closed positions. Its largest new stake was Barclays ETN+ FI Enhanced Global High Yield ETN Series B: 15,406,823 shares worth $1.49B. The largest sale was Barclays ETN+ FI Enhanced Global High Yield ETN, an estimated $1.59B.
By sector, the portfolio is most concentrated in Financials at 17% of assets, down from 17% a quarter earlier, followed by Technology and Healthcare.
- Ken Fisher's largest Q1 2018 buy was Barclays ETN+ FI Enhanced Global High Yield ETN Series B: 15,406,823 shares worth $1.49B.
- Ken Fisher added most to SLB Ltd in Q1 2018, an estimated $408M increase.
- Ken Fisher's biggest Q1 2018 reduction was Barclays ETN+ FI Enhanced Global High Yield ETN, cutting an estimated $1.59B.
- Ken Fisher fully exited CalAtlantic Group, Inc. in Q1 2018, selling an estimated $123M.
- Ken Fisher's ten largest holdings make up 26% of its $75.4B portfolio in Q1 2018.
- Ken Fisher opened 69 new positions and closed 162 in Q1 2018.
- Ken Fisher's portfolio value fell 1.5% quarter-over-quarter to $75.4B.
Based on Fisher Asset Management's 13F filing for Q1 2018, filed 19 Apr 2018.