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 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$274M |
| 2 |
FRLG
Large Cap Growth Index-Linked Exchange Traded Notes due 2028
FRLG
|
+$138M |
| 3 |
FIHD
UBS AG FI Enhanced Global High Yield ETN
FIHD
|
+$69.1M |
| 4 |
Lumentum
LITE
|
+$41.9M |
| 5 |
Invesco QQQ Trust
QQQ
|
+$41.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TSMC
TSM
|
+$171M |
| 2 |
Petrobras
PBR
|
+$64.7M |
| 3 |
Vale
VALE
|
+$62.7M |
| 4 |
WMGI
Wright Medical Group Inc
WMGI
|
+$61.9M |
| 5 |
HDFC Bank
HDB
|
+$57.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.83% |
| 2 | Financials | 13.08% |
| 3 | Healthcare | 10.74% |
| 4 | Consumer Discretionary | 8.75% |
| 5 | Energy | 5.83% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
551
L3Harris
LHX
$51.6B
| $774K | ﹤0.01% |
3,913
-82
| -2% | -$16.4K |
|
552
Smith & Nephew
SNN
$13.3B
| $773K | ﹤0.01% |
16,082
-990
| -6% | -$44.7K |
|
553
Qiagen
QGEN
$8.54B
| $764K | ﹤0.01% |
21,322
-265,667
| -93% | -$9.88M |
|
554
iShares TIPS Bond ETF
TIP
$14.5B
| $758K | ﹤0.01% |
6,501
+270
| +4% | +$31.4K |
|
555
Danaher
DHR
$137B
| $748K | ﹤0.01% |
5,494
+99
| +2% | +$12.5K |
|
556
Enanta Pharmaceuticals
ENTA
$366M
| $747K | ﹤0.01% |
12,092
| – | – |
|
557
Intuit
INTU
$86.5B
| $737K | ﹤0.01% |
2,812
-212
| -7% | -$55.4K |
|
558
Collegium Pharmaceutical
COLL
$1.15B
| $736K | ﹤0.01% |
35,744
| – | – |
|
|
INN
559
Summit Hotel Properties
INN
$746M
| $735K | ﹤0.01% |
59,541
| – | – |
|
560
iShares California Muni Bond ETF
CMF
$4.55B
| $734K | ﹤0.01% |
11,995
+45
| +0.4% | +$2.75K |
|
561
PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund
HYS
$1.75B
| $728K | ﹤0.01% |
7,296
-192
| -3% | -$19K |
|
562
Oneok
OKE
$57.2B
| $725K | ﹤0.01% |
+9,584
| New | +$685K |
|
563
Vanguard Information Technology ETF
VGT
$139B
| $721K | ﹤0.01% |
23,560
+1,528
| +7% | +$43.7K |
|
564
Vanguard Morningstar Value ETF
VTV
$188B
| $687K | ﹤0.01% |
5,729
-158
| -3% | -$18.2K |
|
565
Wabtec
WAB
$49.1B
| $686K | ﹤0.01% |
8,818
-89
| -1% | -$6.59K |
|
566
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.2B
| $684K | ﹤0.01% |
10,866
+1,961
| +22% | +$121K |
|
567
Ford
F
$58.5B
| $669K | ﹤0.01% |
71,962
-11,879
| -14% | -$107K |
|
568
British American Tobacco
BTI
$131B
| $650K | ﹤0.01% |
15,306
+3,199
| +26% | +$121K |
|
569
iShares Biotechnology ETF
IBB
$9.34B
| $643K | ﹤0.01% |
5,337
+2,946
| +123% | +$329K |
|
570
Public Service Enterprise Group
PEG
$38.2B
| $630K | ﹤0.01% |
10,671
+6,209
| +139% | +$376K |
|
571
Mondelez International
MDLZ
$79.5B
| $622K | ﹤0.01% |
11,286
+264
| +2% | +$14.1K |
|
572
Broadcom
AVGO
$1.85T
| $615K | ﹤0.01% |
19,470
-1,860
| -9% | -$56.5K |
|
573
Camden Property Trust
CPT
$11B
| $603K | ﹤0.01% |
5,687
-51,879
| -90% | -$5.74M |
|
|
SNP
574
DELISTED
CHINA PETROLEUM & CHEMICAL CORPORATION ADS (REP 100 ORDINARY H SHARES)
SNP
| $600K | ﹤0.01% |
9,968
-18,473
| -65% | -$1.07M |
|
575
Automatic Data Processing
ADP
$106B
| $596K | ﹤0.01% |
3,497
+798
| +30% | +$132K |
|
Similar funds
Ken Fisher's Q4 2019 Portfolio in Review
As of Q4 2019, Ken Fisher held 981 positions worth $99B, up 8.6% from $91.1B the previous quarter. Its ten largest holdings account for 28% of the portfolio.
Ken Fisher's Q4 2019 filing shows 78 new, 256 increased, 457 reduced and 83 closed positions. Its largest new stake was Enterprise Products Partners: 584,777 shares worth $16.5M. The largest sale was TSMC, an estimated $171M.
By sector, the portfolio is most concentrated in Technology at 21% of assets, up from 20% a quarter earlier, followed by Financials and Healthcare.
- Ken Fisher's largest Q4 2019 buy was Enterprise Products Partners: 584,777 shares worth $16.5M.
- Ken Fisher added most to Vanguard Intermediate-Term Corporate Bond ETF in Q4 2019, an estimated $274M increase.
- Ken Fisher's biggest Q4 2019 reduction was TSMC, cutting an estimated $171M.
- Ken Fisher fully exited Wright Medical Group Inc in Q4 2019, selling an estimated $61.9M.
- Ken Fisher's ten largest holdings make up 28% of its $99B portfolio in Q4 2019.
- Ken Fisher opened 78 new positions and closed 83 in Q4 2019.
- Ken Fisher's portfolio value rose 8.6% quarter-over-quarter to $99B.
Based on Fisher Asset Management's 13F filing for Q4 2019, filed 12 Feb 2020.