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 | |
|---|---|---|---|---|---|---|
626
Dime Commercial Bancshares
DCOM
$1.8B
| $282K | ﹤0.01% |
+8,050
| New | +$281K |
|
627
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$21.9B
| $282K | ﹤0.01% |
5,712
-9,108
| -61% | -$429K |
|
628
Brookfield
BN
$103B
| $281K | ﹤0.01% |
18,080
+280
| +2% | +$4.23K |
|
629
Halliburton
HAL
$26.4B
| $281K | ﹤0.01% |
+5,753
| New | +$254K |
|
630
MetLife
MET
$62.5B
| $281K | ﹤0.01% |
+5,549
| New | +$292K |
|
631
YPF
YPF
$20.4B
| $279K | ﹤0.01% |
12,172
-569
| -4% | -$13.1K |
|
632
Intuit
INTU
$86.3B
| $278K | ﹤0.01% |
1,765
+181
| +11% | +$27.6K |
|
633
NatWest
NWG
$73.7B
| $277K | ﹤0.01% |
33,719
+285
| +0.9% | +$2.28K |
|
634
VF Corp
VFC
$5.87B
| $276K | ﹤0.01% |
+3,968
| New | +$262K |
|
635
Vanguard Morningstar Mid-Cap ETF
VO
$106B
| $276K | ﹤0.01% |
+7,124
| New | +$269K |
|
|
BNY
636
Bank of New York Mellon
BNY
$106B
| $275K | ﹤0.01% |
5,110
-2,786
| -35% | -$148K |
|
637
Allstate
ALL
$68.3B
| $274K | ﹤0.01% |
2,615
-157
| -6% | -$15.5K |
|
638
General Motors
GM
$80B
| $274K | ﹤0.01% |
+6,687
| New | +$290K |
|
|
DAI
639
DELISTED
DAIMLER AG
DAI
| $271K | ﹤0.01% |
3,204
+329
| +11% | +$27.8K |
|
640
American Electric Power
AEP
$69.5B
| $269K | ﹤0.01% |
3,653
-226
| -6% | -$16.9K |
|
641
Exelixis
EXEL
$14.1B
| $268K | ﹤0.01% |
8,804
+4
| +0% | +$106 |
|
642
Xcel Energy
XEL
$48.8B
| $267K | ﹤0.01% |
5,548
+688
| +14% | +$34.1K |
|
643
iShares MSCI Emerging Markets Asia ETF
EEMA
$826M
| $265K | ﹤0.01% |
3,592
+82
| +2% | +$5.98K |
|
644
Vanguard Real Estate ETF
VNQ
$39.4B
| $264K | ﹤0.01% |
+3,185
| New | +$267K |
|
|
PX
645
DELISTED
Praxair Inc
PX
| $262K | ﹤0.01% |
+1,693
| New | +$251K |
|
646
HP
HPQ
$24.6B
| $259K | ﹤0.01% |
12,337
-2,016
| -14% | -$42.9K |
|
647
Telecom Argentina
TEO
$5.99B
| $259K | ﹤0.01% |
7,077
-824
| -10% | -$28.3K |
|
648
iShares Russell 1000 ETF
IWB
$47.9B
| $257K | ﹤0.01% |
+1,731
| New | +$251K |
|
649
Texas Pacific Land
TPL
$27.2B
| $253K | ﹤0.01% |
5,094
| – | – |
|
650
Yum! Brands
YUM
$43.3B
| $250K | ﹤0.01% |
+3,065
| New | +$242K |
|
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.