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 |
NextEra Energy
NEE
|
+$703M |
| 2 |
UnitedHealth
UNH
|
+$671M |
| 3 |
3M
MMM
|
+$660M |
| 4 |
Walt Disney
DIS
|
+$506M |
| 5 |
Toyota
TM
|
+$476M |
Top Sells
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.39% |
| 2 | Consumer Discretionary | 12.64% |
| 3 | Financials | 11.77% |
| 4 | Healthcare | 10.94% |
| 5 | Communication Services | 6.4% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
51
Toyota
TM
$221B
| $483M | 0.47% |
3,841,687
+3,839,965
| +222,994% | +$476M |
|
52
Chevron
CVX
$383B
| $471M | 0.46% |
5,274,972
+178,172
| +3% | +$16M |
|
53
JD.com
JD
$44.5B
| $466M | 0.45% |
7,743,858
-434,479
| -5% | -$22M |
|
54
Freeport-McMoran
FCX
$91.3B
| $458M | 0.45% |
39,587,723
+1,315,287
| +3% | +$12.1M |
|
55
American Tower
AMT
$80.2B
| $455M | 0.44% |
+1,761,637
| New | +$436M |
|
56
Advanced Micro Devices
AMD
$790B
| $447M | 0.44% |
8,498,210
+1,365,541
| +19% | +$72.4M |
|
57
Goldman Sachs
GS
$300B
| $432M | 0.42% |
2,187,696
+1,950,030
| +820% | +$366M |
|
58
Stryker
SYK
$130B
| $429M | 0.42% |
2,379,024
+1,077,457
| +83% | +$199M |
|
59
Vale
VALE
$61.9B
| $428M | 0.42% |
41,487,299
+14,201,438
| +52% | +$130M |
|
60
Morgan Stanley
MS
$329B
| $409M | 0.4% |
8,462,204
+7,907,255
| +1,425% | +$332M |
|
61
NVIDIA
NVDA
$5.04T
| $403M | 0.39% |
42,392,960
-550,480
| -1% | -$4.45M |
|
62
AB InBev
BUD
$166B
| $382M | 0.37% |
7,743,465
+693,844
| +10% | +$32.4M |
|
63
BHP
BHP
$212B
| $375M | 0.37% |
8,452,914
+228,004
| +3% | +$8.92M |
|
64
Pinduoduo
PDD
$128B
| $355M | 0.35% |
4,134,195
+12,360
| +0.3% | +$744K |
|
65
Invesco QQQ Trust
QQQ
$469B
| $347M | 0.34% |
1,400,050
+278,695
| +25% | +$62.5M |
|
66
Edwards Lifesciences
EW
$51B
| $345M | 0.34% |
4,987,418
+923,309
| +23% | +$65.6M |
|
67
ING
ING
$101B
| $343M | 0.33% |
49,705,214
-889,141
| -2% | -$5.4M |
|
68
Petrobras
PBR
$123B
| $338M | 0.33% |
40,867,255
+2,974,684
| +8% | +$21.6M |
|
69
iShares National Muni Bond ETF
MUB
$45.2B
| $323M | 0.31% |
2,795,247
+243,903
| +10% | +$27.7M |
|
70
RTX Corp
RTX
$292B
| $321M | 0.31% |
5,211,652
-2,433,745
| -32% | -$152M |
|
71
ExxonMobil
XOM
$639B
| $321M | 0.31% |
7,167,970
+396,533
| +6% | +$17.8M |
|
|
ABB
72
DELISTED
ABB Ltd
ABB
| $318M | 0.31% |
14,094,504
+716,182
| +5% | +$13.8M |
|
73
CSX Corp
CSX
$92.3B
| $308M | 0.3% |
13,240,731
+843,924
| +7% | +$18.7M |
|
74
Crown Castle
CCI
$33.9B
| $306M | 0.3% |
+1,826,862
| New | +$294M |
|
|
NBIS
75
Nebius Group N.V.
NBIS
$54.9B
| $294M | 0.29% |
5,885,935
+4,009,816
| +214% | +$161M |
|
Similar funds
Ken Fisher's Q2 2020 Portfolio in Review
As of Q2 2020, Ken Fisher held 986 positions worth $102B, up 27% from $80.6B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Ken Fisher's Q2 2020 filing shows 120 new, 322 increased, 361 reduced and 84 closed positions. Its largest new stake was American Tower: 1,761,637 shares worth $455M. The largest sale was Credit Suisse FI Large Cap Growth Enhanced Exchange Traded Notes, an estimated $1.55B.
By sector, the portfolio is most concentrated in Technology at 25% of assets, up from 24% a quarter earlier, followed by Consumer Discretionary and Financials.
- Ken Fisher's largest Q2 2020 buy was American Tower: 1,761,637 shares worth $455M.
- Ken Fisher added most to NextEra Energy in Q2 2020, an estimated $703M increase.
- Ken Fisher's biggest Q2 2020 reduction was Credit Suisse FI Large Cap Growth Enhanced Exchange Traded Notes, cutting an estimated $1.55B.
- Ken Fisher fully exited Weibo in Q2 2020, selling an estimated $116M.
- Ken Fisher's ten largest holdings make up 32% of its $102B portfolio in Q2 2020.
- Ken Fisher opened 120 new positions and closed 84 in Q2 2020.
- Ken Fisher's portfolio value rose 27% quarter-over-quarter to $102B.
Based on Fisher Asset Management's 13F filing for Q2 2020, filed 7 Aug 2020.