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 | Financials | 17.55% |
| 2 | Technology | 13.55% |
| 3 | Healthcare | 13.21% |
| 4 | Consumer Discretionary | 8.47% |
| 5 | Communication Services | 6.27% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
576
British American Tobacco
BTI
$133B
| $259K | ﹤0.01% |
3,783
-630
| -14% | -$43.8K |
|
577
Eastman Chemical
EMN
$8.01B
| $258K | ﹤0.01% |
3,077
-167
| -5% | -$13.5K |
|
|
MON
578
DELISTED
Monsanto Co
MON
| $257K | ﹤0.01% |
2,173
+291
| +15% | +$34K |
|
579
Opko Health
OPK
$996M
| $252K | ﹤0.01% |
38,229
-750
| -2% | -$5.26K |
|
580
Broadcom
AVGO
$1.85T
| $250K | ﹤0.01% |
+10,720
| New | +$249K |
|
581
iShares Core S&P Mid-Cap ETF
IJH
$122B
| $248K | ﹤0.01% |
+7,120
| New | +$246K |
|
|
THER
582
DELISTED
THERATECHNOLOGIES INC COM
THER
| $248K | ﹤0.01% |
37,673
| – | – |
|
|
IPG
583
DELISTED
Interpublic Group of Companies
IPG
| $247K | ﹤0.01% |
10,034
-482
| -5% | -$11.8K |
|
584
YPF
YPF
$20.4B
| $246K | ﹤0.01% |
+11,233
| New | +$272K |
|
585
Enterprise Products Partners
EPD
$82.5B
| $244K | ﹤0.01% |
+8,999
| New | +$244K |
|
586
Southern Company
SO
$109B
| $244K | ﹤0.01% |
5,093
-2,499
| -33% | -$125K |
|
587
Brookfield
BN
$103B
| $242K | ﹤0.01% |
17,273
+776
| +5% | +$10.4K |
|
588
VeriSign
VRSN
$25.9B
| $240K | ﹤0.01% |
2,580
-77
| -3% | -$6.95K |
|
589
Applied Materials
AMAT
$398B
| $239K | ﹤0.01% |
5,793
-3,747
| -39% | -$159K |
|
590
FedEx
FDX
$73B
| $233K | ﹤0.01% |
+1,070
| New | +$211K |
|
591
Netflix
NFLX
$305B
| $231K | ﹤0.01% |
15,450
-8,050
| -34% | -$124K |
|
592
PG&E
PCG
$39.2B
| $231K | ﹤0.01% |
3,477
+126
| +4% | +$8.48K |
|
593
Halliburton
HAL
$26.4B
| $230K | ﹤0.01% |
5,386
-297,943
| -98% | -$13.7M |
|
594
Allstate
ALL
$68.3B
| $229K | ﹤0.01% |
2,584
+61
| +2% | +$5.17K |
|
595
MetLife
MET
$62.5B
| $229K | ﹤0.01% |
+4,684
| New | +$217K |
|
596
iShares MSCI Emerging Markets Asia ETF
EEMA
$826M
| $228K | ﹤0.01% |
3,510
| – | – |
|
597
iShares Preferred and Income Securities ETF
PFF
$13.3B
| $225K | ﹤0.01% |
+5,744
| New | +$224K |
|
598
Thermo Fisher Scientific
TMO
$214B
| $224K | ﹤0.01% |
1,284
-1,318
| -51% | -$221K |
|
599
Invesco S&P 500 Low Volatility ETF
SPLV
$7.13B
| $220K | ﹤0.01% |
+4,917
| New | +$218K |
|
600
Lennar Class A
LEN
$20.2B
| $216K | ﹤0.01% |
4,257
+28
| +0.7% | +$1.38K |
|
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 Financials at 18% of assets, down from 19% a quarter earlier, followed by Technology and Healthcare.
- 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.