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 |
TotalEnergies
TTE
|
+$988M |
| 2 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$354M |
| 3 |
BP
BP
|
+$285M |
| 4 |
Freeport-McMoran
FCX
|
+$269M |
| 5 |
Rio Tinto
RIO
|
+$263M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Berkshire Hathaway Class B
BRK.B
|
+$612M |
| 2 |
BAY
BAYER AG SPONS ADR
BAY
|
+$441M |
| 3 |
Johnson & Johnson
JNJ
|
+$247M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$189M |
| 5 |
Vodafone
VOD
|
+$164M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.26% |
| 2 | Financials | 13.72% |
| 3 | Healthcare | 11.39% |
| 4 | Consumer Discretionary | 8.65% |
| 5 | Energy | 5.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
651
YPF
YPF
$200B
| $276K | ﹤0.01% |
17,869
+4,302
| +32% | +$67K |
|
652
Allstate
ALL
$67.6B
| $275K | ﹤0.01% |
2,790
-152
| -5% | -$14.8K |
|
653
Banco Macro
BMA
$5.93B
| $274K | ﹤0.01% |
6,632
| – | – |
|
654
Intuit
INTU
$87.1B
| $272K | ﹤0.01% |
1,197
+85
| +8% | +$18.3K |
|
655
Novavax
NVAX
$1.22B
| $271K | ﹤0.01% |
7,198
| – | – |
|
656
Kraft Heinz
KHC
$31.3B
| $270K | ﹤0.01% |
4,904
-606
| -11% | -$36.2K |
|
657
AptarGroup
ATR
$8.73B
| $266K | ﹤0.01% |
+2,471
| New | +$254K |
|
658
Vanguard Health Care ETF
VHT
$18.1B
| $266K | ﹤0.01% |
1,475
-150
| -9% | -$25.8K |
|
|
NCOM
659
DELISTED
National Commerce Corporation
NCOM
| $266K | ﹤0.01% |
+6,439
| New | +$290K |
|
660
iShares S&P 500 Growth ETF
IVW
$75.5B
| $256K | ﹤0.01% |
5,780
-1,176
| -17% | -$50.5K |
|
661
W.P. Carey
WPC
$16.6B
| $256K | ﹤0.01% |
4,057
-542
| -12% | -$34.9K |
|
662
Cummins
CMI
$89.5B
| $246K | ﹤0.01% |
1,683
-40
| -2% | -$5.63K |
|
663
Applied Materials
AMAT
$411B
| $244K | ﹤0.01% |
6,320
-1,013
| -14% | -$44.8K |
|
664
Vanguard High Dividend Yield ETF
VYM
$81.4B
| $244K | ﹤0.01% |
2,804
-3,179
| -53% | -$275K |
|
665
M&T Bank
MTB
$36.2B
| $241K | ﹤0.01% |
1,465
+87
| +6% | +$15.1K |
|
666
NextEra Energy
NEE
$181B
| $238K | ﹤0.01% |
5,676
-3,240
| -36% | -$138K |
|
667
Public Service Enterprise Group
PEG
$38.2B
| $238K | ﹤0.01% |
4,513
-750
| -14% | -$39.2K |
|
668
iShares MSCI Emerging Markets Asia ETF
EEMA
$840M
| $236K | ﹤0.01% |
3,486
-103
| -3% | -$7.05K |
|
|
IPG
669
DELISTED
Interpublic Group of Companies
IPG
| $236K | ﹤0.01% |
10,298
-153,929
| -94% | -$3.48M |
|
670
Mohawk Industries
MHK
$8.11B
| $236K | ﹤0.01% |
1,347
+2
| +0.1% | +$392 |
|
671
Unilever
UL
$137B
| $235K | ﹤0.01% |
+3,807
| New | +$240K |
|
672
Southwest Airlines
LUV
$23B
| $234K | ﹤0.01% |
+3,753
| New | +$220K |
|
673
Sysco
SYY
$40.7B
| $233K | ﹤0.01% |
+3,175
| New | +$229K |
|
674
Air Products & Chemicals
APD
$65.2B
| $232K | ﹤0.01% |
1,389
+81
| +6% | +$13.2K |
|
|
BSMX
675
DELISTED
Banco Santander México, S, A., Institución de Banca Múltiple, Grupo Financiero Santander México
BSMX
| $232K | ﹤0.01% |
29,850
+1,061
| +4% | +$8.32K |
|
Similar funds
Ken Fisher's Q3 2018 Portfolio in Review
As of Q3 2018, Ken Fisher held 943 positions worth $82.4B, up 6.9% from $77B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Ken Fisher's Q3 2018 filing shows 81 new, 327 increased, 378 reduced and 73 closed positions. Its largest new stake was Adobe: 408,693 shares worth $110M. The largest sale was Berkshire Hathaway Class B, an estimated $612M.
By sector, the portfolio is most concentrated in Technology at 16% of assets, up from 15% a quarter earlier, followed by Financials and Healthcare.
- Ken Fisher's largest Q3 2018 buy was Adobe: 408,693 shares worth $110M.
- Ken Fisher added most to TotalEnergies in Q3 2018, an estimated $988M increase.
- Ken Fisher's biggest Q3 2018 reduction was Berkshire Hathaway Class B, cutting an estimated $612M.
- Ken Fisher fully exited Cavium, Inc. in Q3 2018, selling an estimated $56.9M.
- Ken Fisher's ten largest holdings make up 27% of its $82.4B portfolio in Q3 2018.
- Ken Fisher opened 81 new positions and closed 73 in Q3 2018.
- Ken Fisher's portfolio value rose 6.9% quarter-over-quarter to $82.4B.
Based on Fisher Asset Management's 13F filing for Q3 2018, filed 24 Oct 2018.