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 | |
|---|---|---|---|---|---|---|
626
Telkom Indonesia
TLK
$15B
| $331K | ﹤0.01% |
12,041
-31
| -0.3% | -$844 |
|
627
Banco Macro
BMA
$5.95B
| $328K | ﹤0.01% |
7,177
+520
| +8% | +$26.7K |
|
628
Schwab US Large-Cap Growth ETF
SCHG
$61.2B
| $322K | ﹤0.01% |
+32,416
| New | +$307K |
|
629
iShares Russell 1000 Value ETF
IWD
$82.5B
| $321K | ﹤0.01% |
2,600
+158
| +6% | +$19K |
|
630
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$22.9B
| $316K | ﹤0.01% |
5,544
-84,938
| -94% | -$4.61M |
|
631
SPDR Gold Trust
GLD
$131B
| $313K | ﹤0.01% |
2,568
+804
| +46% | +$99K |
|
632
Intuit
INTU
$88.2B
| $312K | ﹤0.01% |
1,194
+30
| +3% | +$6.93K |
|
633
Automatic Data Processing
ADP
$108B
| $311K | ﹤0.01% |
1,948
-151
| -7% | -$21.9K |
|
634
Vanguard Morningstar Value ETF
VTV
$188B
| $311K | ﹤0.01% |
2,889
-1,451
| -33% | -$153K |
|
635
Palo Alto Networks
PANW
$281B
| $310K | ﹤0.01% |
7,668
+792
| +12% | +$29.4K |
|
636
Vanguard Tax-Exempt Bond Index Fund
VTEB
$45.1B
| $310K | ﹤0.01% |
5,941
-2,223
| -27% | -$114K |
|
637
Invesco DB Commodity Index Tracking Fund
DBC
$1.66B
| $304K | ﹤0.01% |
+19,096
| New | +$299K |
|
638
KB Financial Group
KB
$42.1B
| $295K | ﹤0.01% |
7,955
-22,306
| -74% | -$892K |
|
|
AMJ
639
DELISTED
JP Morgan Alerian MLP Index ETN 5/24/24
AMJ
| $295K | ﹤0.01% |
+11,581
| New | +$289K |
|
640
Fortinet
FTNT
$120B
| $290K | ﹤0.01% |
17,260
+2,135
| +14% | +$34K |
|
641
Target
TGT
$68.1B
| $290K | ﹤0.01% |
+3,609
| New | +$264K |
|
642
Emerson Electric
EMR
$86B
| $289K | ﹤0.01% |
4,225
-1,653
| -28% | -$109K |
|
|
ATVI
643
DELISTED
Activision Blizzard
ATVI
| $288K | ﹤0.01% |
6,334
-1,228
| -16% | -$55.5K |
|
644
Fidelity MSCI Information Technology Index ETF
FTEC
$20.2B
| $286K | ﹤0.01% |
4,828
+464
| +11% | +$25.5K |
|
645
Waste Management
WM
$90.3B
| $285K | ﹤0.01% |
2,740
-208
| -7% | -$20.3K |
|
646
YPF
YPF
$202B
| $285K | ﹤0.01% |
20,310
+2,421
| +14% | +$35.5K |
|
647
Southern Company
SO
$108B
| $282K | ﹤0.01% |
5,457
-1,955
| -26% | -$95.8K |
|
648
Vanguard Short-Term Bond ETF
BSV
$44.6B
| $276K | ﹤0.01% |
+3,471
| New | +$274K |
|
649
Brookfield
BN
$106B
| $275K | ﹤0.01% |
16,500
-925
| -5% | -$14.4K |
|
|
RTN
650
DELISTED
Raytheon Company
RTN
| $275K | ﹤0.01% |
1,509
-314
| -17% | -$54.7K |
|
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.