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 |
Adobe
ADBE
|
+$312M |
| 2 |
Salesforce
CRM
|
+$299M |
| 3 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$263M |
| 4 |
Netflix
NFLX
|
+$250M |
| 5 |
ConocoPhillips
COP
|
+$246M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PepsiCo
PEP
|
+$755M |
| 2 |
Procter & Gamble
PG
|
+$520M |
| 3 |
UN
Unilever NV New York Registry Shares
UN
|
+$179M |
| 4 |
Televisa
TV
|
+$119M |
| 5 |
Vanguard Industrials ETF
VIS
|
+$81M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.39% |
| 2 | Financials | 12.97% |
| 3 | Healthcare | 11.55% |
| 4 | Consumer Discretionary | 8.66% |
| 5 | Energy | 7.16% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
601
Becton Dickinson
BDX
$46.9B
| $414K | ﹤0.01% |
1,698
-426
| -20% | -$101K |
|
602
Schwab US Large- Cap ETF
SCHX
$72.9B
| $413K | ﹤0.01% |
+36,672
| New | +$397K |
|
603
iShares Core MSCI EAFE ETF
IEFA
$191B
| $411K | ﹤0.01% |
6,768
-11,282
| -63% | -$666K |
|
604
Vanguard Morningstar Growth ETF
VUG
$225B
| $405K | ﹤0.01% |
15,528
+3,966
| +34% | +$97.9K |
|
605
Boston Scientific
BSX
$70.2B
| $387K | ﹤0.01% |
10,087
-276
| -3% | -$10.5K |
|
|
DVAX
606
DELISTED
Dynavax Technologies
DVAX
| $387K | ﹤0.01% |
52,955
| – | – |
|
607
iShares Core S&P Small-Cap ETF
IJR
$111B
| $387K | ﹤0.01% |
5,017
-3
| -0.1% | -$230 |
|
608
Jack Henry & Associates
JKHY
$11.1B
| $387K | ﹤0.01% |
+2,787
| New | +$369K |
|
|
BAY
609
DELISTED
BAYER AG SPONS ADR
BAY
| $386K | ﹤0.01% |
23,863
-31,614
| -57% | -$511K |
|
610
Hope Bancorp
HOPE
$1.81B
| $384K | ﹤0.01% |
29,345
-1,791
| -6% | -$25K |
|
611
iShares Core MSCI Emerging Markets ETF
IEMG
$152B
| $379K | ﹤0.01% |
7,322
+71
| +1% | +$3.6K |
|
612
Broadcom
AVGO
$1.87T
| $374K | ﹤0.01% |
12,430
+110
| +0.9% | +$2.98K |
|
613
Galicia Financial Group
GGAL
$8.11B
| $372K | ﹤0.01% |
14,577
-608
| -4% | -$19K |
|
614
Genuine Parts
GPC
$17.7B
| $372K | ﹤0.01% |
3,322
-123
| -4% | -$12.7K |
|
|
IMGN
615
DELISTED
Immunogen Inc
IMGN
| $371K | ﹤0.01% |
137,071
-1,146
| -0.8% | -$4.96K |
|
616
Hanmi Financial
HAFC
$949M
| $369K | ﹤0.01% |
17,361
+19
| +0.1% | +$413 |
|
617
Fluor
FLR
$7.01B
| $363K | ﹤0.01% |
9,865
-1,117
| -10% | -$40.8K |
|
618
Resideo Technologies
REZI
$5.49B
| $362K | ﹤0.01% |
18,757
+31
| +0.2% | +$687 |
|
619
PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund
CORP
$1.57B
| $360K | ﹤0.01% |
3,468
| – | – |
|
|
WBK
620
DELISTED
Westpac Banking Corporation
WBK
| $360K | ﹤0.01% |
19,465
+2,023
| +12% | +$37.7K |
|
621
Accenture
ACN
$101B
| $357K | ﹤0.01% |
2,030
-1,447
| -42% | -$227K |
|
622
iShares Russell 2000 ETF
IWM
$81.5B
| $357K | ﹤0.01% |
2,335
-908
| -28% | -$136K |
|
623
State Street SPDR Bloomberg Short Term High Yield Bond ETF
SJNK
$4.74B
| $356K | ﹤0.01% |
13,053
-1,034
| -7% | -$27.9K |
|
|
DNKN
624
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $347K | ﹤0.01% |
4,616
-699
| -13% | -$48.9K |
|
|
WBA
625
DELISTED
Walgreens Boots Alliance
WBA
| $334K | ﹤0.01% |
5,280
+1,800
| +52% | +$123K |
|
Similar funds
Ken Fisher's Q1 2019 Portfolio in Review
As of Q1 2019, Ken Fisher held 944 positions worth $85.3B, up 17% from $73.2B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Ken Fisher's Q1 2019 filing shows 78 new, 319 increased, 366 reduced and 82 closed positions. Its largest new stake was Hess: 2,044,909 shares worth $123M. The largest sale was PepsiCo, an estimated $755M.
By sector, the portfolio is most concentrated in Technology at 18% of assets, up from 17% a quarter earlier, followed by Financials and Healthcare.
- Ken Fisher's largest Q1 2019 buy was Hess: 2,044,909 shares worth $123M.
- Ken Fisher added most to Adobe in Q1 2019, an estimated $312M increase.
- Ken Fisher's biggest Q1 2019 reduction was PepsiCo, cutting an estimated $755M.
- Ken Fisher fully exited Televisa in Q1 2019, selling an estimated $119M.
- Ken Fisher's ten largest holdings make up 26% of its $85.3B portfolio in Q1 2019.
- Ken Fisher opened 78 new positions and closed 82 in Q1 2019.
- Ken Fisher's portfolio value rose 17% quarter-over-quarter to $85.3B.
Based on Fisher Asset Management's 13F filing for Q1 2019, filed 22 Apr 2019.