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 | |
|---|---|---|---|---|---|---|
626
Trinity Industries
TRN
$2.73B
| $233K | ﹤0.01% |
10,140
| – | – |
|
627
Xcel Energy
XEL
$48.8B
| $230K | ﹤0.01% |
+4,860
| New | +$233K |
|
628
Dominion Energy
D
$61.3B
| $229K | ﹤0.01% |
2,975
+229
| +8% | +$17.8K |
|
629
PG&E
PCG
$39.2B
| $229K | ﹤0.01% |
3,370
-107
| -3% | -$7.33K |
|
630
Texas Pacific Land
TPL
$27.2B
| $229K | ﹤0.01% |
+5,094
| New | +$204K |
|
|
DAI
631
DELISTED
DAIMLER AG
DAI
| $229K | ﹤0.01% |
2,875
+21
| +0.7% | +$1.67K |
|
|
THER
632
DELISTED
THERATECHNOLOGIES INC COM
THER
| $228K | ﹤0.01% |
37,673
| – | – |
|
633
Vanguard Morningstar Mega Cap ETF
MGC
$9.9B
| $226K | ﹤0.01% |
+2,614
| New | +$221K |
|
634
Intuit
INTU
$86.3B
| $225K | ﹤0.01% |
+1,584
| New | +$219K |
|
635
First Trust Dow Jones Internet Index Fund ETF
FDN
$5B
| $224K | ﹤0.01% |
+2,187
| New | +$217K |
|
636
State Street
STT
$50.2B
| $224K | ﹤0.01% |
+2,348
| New | +$219K |
|
|
MON
637
DELISTED
Monsanto Co
MON
| $223K | ﹤0.01% |
1,862
-311
| -14% | -$36.6K |
|
638
DXC Technology
DXC
$1.82B
| $222K | ﹤0.01% |
+2,988
| New | +$212K |
|
639
Enterprise Products Partners
EPD
$82.5B
| $222K | ﹤0.01% |
8,507
-492
| -5% | -$13K |
|
640
Opko Health
OPK
$993M
| $222K | ﹤0.01% |
32,379
-5,850
| -15% | -$36.9K |
|
641
Vanguard Morningstar Growth ETF
VUG
$218B
| $220K | ﹤0.01% |
9,930
-5,976
| -38% | -$130K |
|
642
Vanguard Short-Term Corporate Bond ETF
VCSH
$44.8B
| $219K | ﹤0.01% |
2,731
-2,829
| -51% | -$227K |
|
643
EQT Corp
EQT
$33B
| $213K | ﹤0.01% |
+5,992
| New | +$204K |
|
644
Exelixis
EXEL
$14.1B
| $213K | ﹤0.01% |
+8,800
| New | +$234K |
|
645
Public Service Enterprise Group
PEG
$38.6B
| $211K | ﹤0.01% |
+4,557
| New | +$206K |
|
646
Vanguard Morningstar Value ETF
VTV
$188B
| $211K | ﹤0.01% |
+2,109
| New | +$206K |
|
647
Moody's
MCO
$83.5B
| $210K | ﹤0.01% |
1,511
-649
| -30% | -$85.3K |
|
648
Public Storage
PSA
$59.3B
| $209K | ﹤0.01% |
+979
| New | +$202K |
|
|
RTN
649
DELISTED
Raytheon Company
RTN
| $205K | ﹤0.01% |
+1,101
| New | +$194K |
|
650
iShares US Healthcare ETF
IYH
$3.39B
| $201K | ﹤0.01% |
5,860
-22,855
| -80% | -$770K |
|
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.