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 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$274M |
| 2 |
FRLG
Large Cap Growth Index-Linked Exchange Traded Notes due 2028
FRLG
|
+$138M |
| 3 |
FIHD
UBS AG FI Enhanced Global High Yield ETN
FIHD
|
+$69.1M |
| 4 |
Lumentum
LITE
|
+$41.9M |
| 5 |
Invesco QQQ Trust
QQQ
|
+$41.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TSMC
TSM
|
+$171M |
| 2 |
Petrobras
PBR
|
+$64.7M |
| 3 |
Vale
VALE
|
+$62.7M |
| 4 |
WMGI
Wright Medical Group Inc
WMGI
|
+$61.9M |
| 5 |
HDFC Bank
HDB
|
+$57.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.83% |
| 2 | Financials | 13.08% |
| 3 | Healthcare | 10.74% |
| 4 | Consumer Discretionary | 8.75% |
| 5 | Energy | 5.83% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
626
Vanguard Real Estate ETF
VNQ
$39.2B
| $363K | ﹤0.01% |
3,914
+1,585
| +68% | +$147K |
|
627
Waste Management
WM
$90.6B
| $363K | ﹤0.01% |
3,184
+626
| +24% | +$70.7K |
|
628
Consolidated Edison
ED
$40.1B
| $360K | ﹤0.01% |
3,982
-2,478
| -38% | -$222K |
|
|
WBK
629
DELISTED
Westpac Banking Corporation
WBK
| $350K | ﹤0.01% |
20,605
-1,690
| -8% | -$30.6K |
|
630
Brookfield
BN
$104B
| $346K | ﹤0.01% |
16,777
-34
| -0.2% | -$678 |
|
|
THS
631
DELISTED
Treehouse Foods
THS
| $345K | ﹤0.01% |
7,122
-64,969
| -90% | -$3.33M |
|
632
Genuine Parts
GPC
$17.1B
| $342K | ﹤0.01% |
3,217
-11
| -0.3% | -$1.13K |
|
633
Texas Pacific Land
TPL
$27.8B
| $342K | ﹤0.01% |
3,942
-630
| -14% | -$46.1K |
|
634
iShares S&P 100 ETF
OEF
$20.1B
| $336K | ﹤0.01% |
2,331
-30
| -1% | -$4.12K |
|
|
SGEN
635
DELISTED
Seagen Inc. Common Stock
SGEN
| $333K | ﹤0.01% |
2,911
-389
| -12% | -$41.3K |
|
|
HT
636
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $331K | ﹤0.01% |
22,766
| – | – |
|
637
Emerson Electric
EMR
$83.9B
| $330K | ﹤0.01% |
4,321
+413
| +11% | +$29.8K |
|
638
Toronto Dominion Bank
TD
$198B
| $328K | ﹤0.01% |
+5,848
| New | +$332K |
|
|
WBA
639
DELISTED
Walgreens Boots Alliance
WBA
| $328K | ﹤0.01% |
+5,570
| New | +$321K |
|
640
iShares Intermediate Government/Credit Bond ETF
GVI
$3.78B
| $327K | ﹤0.01% |
+2,902
| New | +$328K |
|
641
SEI Investments
SEIC
$12.4B
| $320K | ﹤0.01% |
4,884
-97,456
| -95% | -$6.06M |
|
642
Sherwin-Williams
SHW
$82.7B
| $320K | ﹤0.01% |
1,644
-117
| -7% | -$22.3K |
|
643
Dow Inc
DOW
$21.9B
| $315K | ﹤0.01% |
5,762
-935
| -14% | -$48.3K |
|
644
TJX Companies
TJX
$174B
| $314K | ﹤0.01% |
5,138
+868
| +20% | +$51.3K |
|
645
Hancock Whitney
HWC
$6.2B
| $312K | ﹤0.01% |
7,106
-177,206
| -96% | -$7.19M |
|
|
MRSH
646
Marsh
MRSH
$90.5B
| $311K | ﹤0.01% |
2,789
+81
| +3% | +$8.46K |
|
647
ONE Gas
OGS
$4.87B
| $309K | ﹤0.01% |
+3,300
| New | +$302K |
|
|
NSA
648
DELISTED
National Storage Affiliates Trust
NSA
| $306K | ﹤0.01% |
9,089
+211
| +2% | +$7.08K |
|
649
Dominion Energy
D
$60.8B
| $304K | ﹤0.01% |
+3,671
| New | +$300K |
|
|
DVAX
650
DELISTED
Dynavax Technologies
DVAX
| $303K | ﹤0.01% |
52,955
| – | – |
|
Similar funds
Ken Fisher's Q4 2019 Portfolio in Review
As of Q4 2019, Ken Fisher held 981 positions worth $99B, up 8.6% from $91.1B the previous quarter. Its ten largest holdings account for 28% of the portfolio.
Ken Fisher's Q4 2019 filing shows 78 new, 256 increased, 457 reduced and 83 closed positions. Its largest new stake was Enterprise Products Partners: 584,777 shares worth $16.5M. The largest sale was TSMC, an estimated $171M.
By sector, the portfolio is most concentrated in Technology at 21% of assets, up from 20% a quarter earlier, followed by Financials and Healthcare.
- Ken Fisher's largest Q4 2019 buy was Enterprise Products Partners: 584,777 shares worth $16.5M.
- Ken Fisher added most to Vanguard Intermediate-Term Corporate Bond ETF in Q4 2019, an estimated $274M increase.
- Ken Fisher's biggest Q4 2019 reduction was TSMC, cutting an estimated $171M.
- Ken Fisher fully exited Wright Medical Group Inc in Q4 2019, selling an estimated $61.9M.
- Ken Fisher's ten largest holdings make up 28% of its $99B portfolio in Q4 2019.
- Ken Fisher opened 78 new positions and closed 83 in Q4 2019.
- Ken Fisher's portfolio value rose 8.6% quarter-over-quarter to $99B.
Based on Fisher Asset Management's 13F filing for Q4 2019, filed 12 Feb 2020.