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 |
Costco
COST
|
+$384M |
| 2 |
BF
BASF AKTIENGESELLT ADS(RP1 ORD
BF
|
+$293M |
| 3 |
Walmart Inc
WMT
|
+$242M |
| 4 |
UN
Unilever NV New York Registry Shares
UN
|
+$220M |
| 5 |
FIHD
UBS AG FI Enhanced Global High Yield ETN
FIHD
|
+$122M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Bank of America
BAC
|
+$436M |
| 2 |
Home Depot
HD
|
+$261M |
| 3 |
Walt Disney
DIS
|
+$236M |
| 4 |
JPMorgan Chase
JPM
|
+$230M |
| 5 |
Comcast
CMCSA
|
+$219M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.23% |
| 2 | Technology | 13.84% |
| 3 | Healthcare | 11.95% |
| 4 | Consumer Discretionary | 8.3% |
| 5 | Consumer Staples | 5.74% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
576
iShares Global Consumer Staples ETF
KXI
$1.07B
| $453K | ﹤0.01% |
+8,548
| New | +$443K |
|
577
FedEx
FDX
$73B
| $451K | ﹤0.01% |
1,809
+758
| +72% | +$173K |
|
|
ATVI
578
DELISTED
Activision Blizzard
ATVI
| $443K | ﹤0.01% |
6,998
+983
| +16% | +$62.2K |
|
579
Amphenol
APH
$197B
| $437K | ﹤0.01% |
19,904
-84
| -0.4% | -$1.85K |
|
580
Magnite
MGNI
$2.78B
| $436K | ﹤0.01% |
232,948
+69,081
| +42% | +$173K |
|
581
General Mills
GIS
$19.4B
| $430K | ﹤0.01% |
7,257
-751
| -9% | -$40.6K |
|
582
Vanguard Morningstar Total Stock Market ETF
VTI
$657B
| $429K | ﹤0.01% |
+3,128
| New | +$419K |
|
583
iShares 7-10 Year Treasury Bond ETF
IEF
$47.2B
| $426K | ﹤0.01% |
4,035
+907
| +29% | +$96.2K |
|
584
Carnival Corporation Ltd
CCL
$38B
| $423K | ﹤0.01% |
6,368
+2,166
| +52% | +$144K |
|
585
First Busey Corp
BUSE
$2.6B
| $398K | ﹤0.01% |
+13,279
| New | +$413K |
|
586
Fidelity Nasdaq Composite Index ETF
ONEQ
$10.2B
| $397K | ﹤0.01% |
14,640
-70
| -0.5% | -$1.86K |
|
587
Thermo Fisher Scientific
TMO
$214B
| $393K | ﹤0.01% |
2,070
+805
| +64% | +$154K |
|
588
United Therapeutics
UTHR
$26.2B
| $392K | ﹤0.01% |
2,649
| – | – |
|
589
Mohawk Industries
MHK
$7.29B
| $390K | ﹤0.01% |
1,413
-133
| -9% | -$35.7K |
|
590
Neurocrine Biosciences
NBIX
$18.7B
| $390K | ﹤0.01% |
5,025
-28
| -0.6% | -$1.91K |
|
591
Travelers Companies
TRV
$78.4B
| $388K | ﹤0.01% |
2,857
+577
| +25% | +$76.1K |
|
592
State Street SPDR Bloomberg Short Term High Yield Bond ETF
SJNK
$4.89B
| $386K | ﹤0.01% |
13,994
-551
| -4% | -$15.3K |
|
593
ConocoPhillips
COP
$145B
| $380K | ﹤0.01% |
6,918
+851
| +14% | +$43.8K |
|
594
W.P. Carey
WPC
$16.9B
| $378K | ﹤0.01% |
5,599
-502
| -8% | -$34.4K |
|
595
Dominion Energy
D
$61.3B
| $369K | ﹤0.01% |
4,554
+1,579
| +53% | +$128K |
|
596
Vanguard Morningstar Growth ETF
VUG
$218B
| $367K | ﹤0.01% |
15,660
+5,730
| +58% | +$132K |
|
|
XEC
597
DELISTED
CIMAREX ENERGY CO
XEC
| $367K | ﹤0.01% |
3,011
-1,214
| -29% | -$142K |
|
|
WBK
598
DELISTED
Westpac Banking Corporation
WBK
| $366K | ﹤0.01% |
15,016
+1,133
| +8% | +$28K |
|
599
Micron Technology
MU
$988B
| $362K | ﹤0.01% |
+8,793
| New | +$379K |
|
600
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.6B
| $361K | ﹤0.01% |
+1,046
| New | +$352K |
|
Similar funds
Ken Fisher's Q4 2017 Portfolio in Review
As of Q4 2017, Ken Fisher held 984 positions worth $76.6B, up 7.4% from $71.3B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Ken Fisher's Q4 2017 filing shows 141 new, 329 increased, 331 reduced and 62 closed positions. Its largest new stake was HITACHI LTD ADR (10COM)NEW: 925,930 shares worth $72.2M. The largest sale was Bank of America, an estimated $436M.
By sector, the portfolio is most concentrated in Financials at 17% of assets, down from 18% a quarter earlier, followed by Technology and Healthcare.
- Ken Fisher's largest Q4 2017 buy was HITACHI LTD ADR (10COM)NEW: 925,930 shares worth $72.2M.
- Ken Fisher added most to Costco in Q4 2017, an estimated $384M increase.
- Ken Fisher's biggest Q4 2017 reduction was Bank of America, cutting an estimated $436M.
- Ken Fisher fully exited Harley-Davidson in Q4 2017, selling an estimated $4.17M.
- Ken Fisher's ten largest holdings make up 24% of its $76.6B portfolio in Q4 2017.
- Ken Fisher opened 141 new positions and closed 62 in Q4 2017.
- Ken Fisher's portfolio value rose 7.4% quarter-over-quarter to $76.6B.
Based on Fisher Asset Management's 13F filing for Q4 2017, filed 24 Jan 2018.