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 | |
|---|---|---|---|---|---|---|
51
SLB Ltd
SLB
$73.6B
| $484M | 0.57% |
11,106,954
+4,341,834
| +64% | +$188M |
|
52
Trip.com Group
TCOM
$29.6B
| $476M | 0.56% |
10,903,783
+674,610
| +7% | +$23.7M |
|
53
Banco Santander
SAN
$201B
| $475M | 0.56% |
107,107,762
+4,641,247
| +5% | +$21.2M |
|
|
FIEE
54
DELISTED
FI Enhanced Europe 50 ETN
FIEE
| $467M | 0.55% |
3,059,742
-59,489
| -2% | -$8.4M |
|
55
ASML
ASML
$626B
| $466M | 0.55% |
2,479,408
+90,271
| +4% | +$16M |
|
56
Vale
VALE
$64.1B
| $464M | 0.54% |
35,538,079
-1,993,779
| -5% | -$25.8M |
|
57
Freeport-McMoran
FCX
$90B
| $443M | 0.52% |
34,365,298
+1,986,846
| +6% | +$24M |
|
58
Infosys
INFY
$48.7B
| $438M | 0.51% |
40,076,035
-1,803,840
| -4% | -$19.1M |
|
59
Sumitomo Mitsui Financial
SMFG
$164B
| $437M | 0.51% |
62,194,523
+2,303,929
| +4% | +$16.5M |
|
60
Itaú Unibanco
ITUB
$93.2B
| $395M | 0.46% |
61,554,672
+614,705
| +1% | +$4.35M |
|
61
Banco Bradesco
BBD
$39.3B
| $380M | 0.45% |
55,696,381
+110,619
| +0.2% | +$795K |
|
62
BHP
BHP
$215B
| $377M | 0.44% |
7,736,914
+475,333
| +7% | +$21.7M |
|
63
JD.com
JD
$44.6B
| $371M | 0.44% |
12,307,577
+1,255,018
| +11% | +$31.9M |
|
64
BP
BP
$116B
| $360M | 0.42% |
8,364,842
+341,853
| +4% | +$14M |
|
|
FEUL
65
DELISTED
Credit Suisse FI Enhanced Europe 50 Exchange Traded Notes due May 11, 2028 Linked to the STOXX Europ
FEUL
| $305M | 0.36% |
3,510,623
+105,415
| +3% | +$8.47M |
|
66
Baidu
BIDU
$37.7B
| $295M | 0.35% |
1,789,035
+96,829
| +6% | +$16.2M |
|
67
Credicorp
BAP
$31.8B
| $292M | 0.34% |
1,217,911
-26,442
| -2% | -$6.3M |
|
68
GE Aerospace
GE
$374B
| $292M | 0.34% |
5,861,146
+1,823,900
| +45% | +$85.9M |
|
69
Banco Bilbao Vizcaya Argentaria
BBVA
$154B
| $271M | 0.32% |
47,272,276
+3,214,225
| +7% | +$18.9M |
|
70
Weibo
WB
$2B
| $271M | 0.32% |
4,366,014
+1,601,669
| +58% | +$99.4M |
|
|
BF
71
DELISTED
BASF AKTIENGESELLT ADS(RP1 ORD
BF
| $268M | 0.31% |
14,558,400
+657,357
| +5% | +$12.1M |
|
|
72
ConocoPhillips
COP
$147B
| $265M | 0.31% |
3,975,758
+3,658,108
| +1,152% | +$246M |
|
|
73
Netflix
NFLX
$299B
| $259M | 0.3% |
7,252,240
+7,223,320
| +24,977% | +$250M |
|
74
Alphabet (Google) Class C
GOOG
$4.36T
| $258M | 0.3% |
4,389,800
+49,680
| +1% | +$2.79M |
|
75
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$15.9B
| $251M | 0.29% |
2,900,490
-35,093
| -1% | -$2.98M |
|
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.