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 | Financials | 17.92% |
| 2 | Technology | 13.57% |
| 3 | Healthcare | 12.73% |
| 4 | Consumer Discretionary | 8.41% |
| 5 | Communication Services | 6.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
601
VeriSign
VRSN
$25.9B
| $274K | ﹤0.01% |
2,580
| – | – |
|
|
MMP
602
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $273K | ﹤0.01% |
3,841
+10
| +0.3% | +$690 |
|
603
American Electric Power
AEP
$69.5B
| $272K | ﹤0.01% |
+3,879
| New | +$276K |
|
604
iShares Core S&P Mid-Cap ETF
IJH
$122B
| $272K | ﹤0.01% |
7,605
+485
| +7% | +$16.9K |
|
605
Carnival Corporation Ltd
CCL
$38B
| $271K | ﹤0.01% |
4,202
-6,013
| -59% | -$402K |
|
606
iShares S&P 100 ETF
OEF
$19.9B
| $270K | ﹤0.01% |
2,427
-558
| -19% | -$61K |
|
607
iShares Russell 1000 Value ETF
IWD
$81.8B
| $267K | ﹤0.01% |
2,255
-718
| -24% | -$83.7K |
|
608
Brookfield
BN
$103B
| $262K | ﹤0.01% |
17,800
+527
| +3% | +$7.39K |
|
609
NatWest
NWG
$73.7B
| $262K | ﹤0.01% |
33,434
-4,565
| -12% | -$33.1K |
|
610
Tesla
TSLA
$1.22T
| $259K | ﹤0.01% |
11,400
-8,610
| -43% | -$199K |
|
|
PFNX
611
DELISTED
Pfenex Inc.
PFNX
| $259K | ﹤0.01% |
85,644
| – | – |
|
612
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.3B
| $257K | ﹤0.01% |
+4,765
| New | +$262K |
|
613
Allstate
ALL
$68.3B
| $255K | ﹤0.01% |
2,772
+188
| +7% | +$17.1K |
|
614
Analog Devices
ADI
$179B
| $254K | ﹤0.01% |
+2,946
| New | +$238K |
|
615
Corning
GLW
$116B
| $252K | ﹤0.01% |
+8,427
| New | +$250K |
|
616
iShares Core MSCI Emerging Markets ETF
IEMG
$149B
| $252K | ﹤0.01% |
4,658
-1,101
| -19% | -$58.4K |
|
617
Sempra
SRE
$58.6B
| $247K | ﹤0.01% |
+4,330
| New | +$250K |
|
618
Nordson
NDSN
$16.4B
| $245K | ﹤0.01% |
+2,070
| New | +$247K |
|
619
iShares MSCI Emerging Markets Asia ETF
EEMA
$826M
| $244K | ﹤0.01% |
3,510
| – | – |
|
620
Telecom Argentina
TEO
$5.99B
| $244K | ﹤0.01% |
+7,901
| New | +$232K |
|
621
Thermo Fisher Scientific
TMO
$214B
| $239K | ﹤0.01% |
1,265
-19
| -1% | -$3.44K |
|
622
FedEx
FDX
$73B
| $237K | ﹤0.01% |
1,051
-19
| -2% | -$4.04K |
|
623
Jazz Pharmaceuticals
JAZZ
$16.2B
| $235K | ﹤0.01% |
1,606
-290
| -15% | -$43.9K |
|
|
BSMX
624
DELISTED
Banco Santander México, S, A., Institución de Banca Múltiple, Grupo Financiero Santander México
BSMX
| $235K | ﹤0.01% |
23,330
+2,816
| +14% | +$28.9K |
|
625
Shopify
SHOP
$159B
| $233K | ﹤0.01% |
+20,000
| New | +$204K |
|
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 Financials at 18% of assets, up from 18% a quarter earlier, followed by Technology and Healthcare.
- 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.