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 | |
|---|---|---|---|---|---|---|
576
Fidelity Nasdaq Composite Index ETF
ONEQ
$10.7B
| $375K | ﹤0.01% |
14,710
+6,160
| +72% | +$154K |
|
577
iShares Russell 2000 ETF
IWM
$78.5B
| $363K | ﹤0.01% |
2,450
+67
| +3% | +$9.43K |
|
578
Starbucks
SBUX
$113B
| $363K | ﹤0.01% |
6,752
-610
| -8% | -$33.8K |
|
579
iShares Preferred and Income Securities ETF
PFF
$12.8B
| $354K | ﹤0.01% |
9,120
+3,376
| +59% | +$132K |
|
580
Telkom Indonesia
TLK
$14.7B
| $353K | ﹤0.01% |
10,286
+1,242
| +14% | +$43.6K |
|
|
WBK
581
DELISTED
Westpac Banking Corporation
WBK
| $350K | ﹤0.01% |
13,883
+20
| +0.1% | +$502 |
|
582
Southern Company
SO
$100B
| $343K | ﹤0.01% |
6,988
+1,895
| +37% | +$91.9K |
|
583
iShares Core S&P 500 ETF
IVV
$868B
| $337K | ﹤0.01% |
1,332
-1,316
| -50% | -$327K |
|
584
Duke Energy
DUK
$93.1B
| $336K | ﹤0.01% |
+4,004
| New | +$343K |
|
585
iShares 7-10 Year Treasury Bond ETF
IEF
$41.5B
| $333K | ﹤0.01% |
3,128
-83
| -3% | -$8.89K |
|
586
Applied Materials
AMAT
$362B
| $326K | ﹤0.01% |
6,253
+460
| +8% | +$20.8K |
|
587
American Tower
AMT
$82.9B
| $318K | ﹤0.01% |
+2,326
| New | +$324K |
|
588
Phillips 66
PSX
$104B
| $311K | ﹤0.01% |
3,394
-57
| -2% | -$4.83K |
|
589
Neurocrine Biosciences
NBIX
$15.9B
| $310K | ﹤0.01% |
+5,053
| New | +$267K |
|
590
United Therapeutics
UTHR
$21.3B
| $310K | ﹤0.01% |
2,649
-520
| -16% | -$66.4K |
|
591
State Street SPDR S&P Capital Markets ETF
KCE
$461M
| $306K | ﹤0.01% |
5,844
-33,800
| -85% | -$1.69M |
|
592
ConocoPhillips
COP
$165B
| $304K | ﹤0.01% |
6,067
+146
| +2% | +$6.56K |
|
593
Eastman Chemical
EMN
$7.79B
| $301K | ﹤0.01% |
3,321
+244
| +8% | +$20.8K |
|
|
EXAS
594
DELISTED
Exact Sciences
EXAS
| $299K | ﹤0.01% |
+6,350
| New | +$256K |
|
595
Emerson Electric
EMR
$84.9B
| $292K | ﹤0.01% |
+4,646
| New | +$280K |
|
596
HP
HPQ
$32B
| $286K | ﹤0.01% |
14,353
+3,779
| +36% | +$71.9K |
|
597
YPF Sociedad Anonima ADS
YPF
$21.8B
| $284K | ﹤0.01% |
12,741
+1,508
| +13% | +$31.1K |
|
598
Hewlett Packard
HPE
$82.4B
| $280K | ﹤0.01% |
+19,046
| New | +$260K |
|
599
Cummins
CMI
$76.6B
| $279K | ﹤0.01% |
1,662
+27
| +2% | +$4.37K |
|
600
Travelers Companies
TRV
$78.3B
| $279K | ﹤0.01% |
2,280
+18
| +0.8% | +$2.25K |
|
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.