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 |
iShares Global Energy ETF
IXC
|
+$385M |
| 2 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$360M |
| 3 |
iShares MSCI Europe Financials ETF
EUFN
|
+$250M |
| 4 |
Apple
AAPL
|
+$158M |
| 5 |
Amazon
AMZN
|
+$137M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TotalEnergies
TTE
|
+$170M |
| 2 |
TSMC
TSM
|
+$151M |
| 3 |
RDS.A
Royal Dutch Shell PLC ADS Class A
RDS.A
|
+$129M |
| 4 |
CLGX
Corelogic, Inc.
CLGX
|
+$99.1M |
| 5 |
ING
ING
|
+$95.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.41% |
| 2 | Consumer Discretionary | 13.75% |
| 3 | Financials | 11.06% |
| 4 | Healthcare | 10.73% |
| 5 | Communication Services | 6.43% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
NVIDIA
NVDA
$5.41T
| $583M | 0.51% |
43,063,520
+670,560
| +2% | +$7.8M |
|
52
Starbucks
SBUX
$120B
| $580M | 0.51% |
6,753,701
-1,032,335
| -13% | -$82.3M |
|
|
53
TotalEnergies
TTE
$191B
| $554M | 0.49% |
16,163,000
-4,456,119
| -22% | -$170M |
|
54
Toyota
TM
$224B
| $537M | 0.47% |
4,055,086
+213,399
| +6% | +$27.8M |
|
55
Stryker
SYK
$130B
| $507M | 0.44% |
2,434,823
+55,799
| +2% | +$10.8M |
|
56
Goldman Sachs
GS
$309B
| $468M | 0.41% |
2,330,580
+142,884
| +7% | +$29.1M |
|
57
American Tower
AMT
$78.4B
| $451M | 0.39% |
1,865,124
+103,487
| +6% | +$26.2M |
|
58
Morgan Stanley
MS
$342B
| $429M | 0.38% |
8,878,118
+415,914
| +5% | +$21M |
|
59
Vale
VALE
$63.6B
| $425M | 0.37% |
40,144,939
-1,342,360
| -3% | -$15.1M |
|
60
Edwards Lifesciences
EW
$51B
| $414M | 0.36% |
5,192,400
+204,982
| +4% | +$16M |
|
61
Invesco QQQ Trust
QQQ
$478B
| $406M | 0.36% |
1,460,128
+60,078
| +4% | +$16.3M |
|
62
AB InBev
BUD
$168B
| $403M | 0.35% |
7,488,722
-254,743
| -3% | -$14.1M |
|
63
BHP
BHP
$225B
| $396M | 0.35% |
8,586,651
+133,737
| +2% | +$6.44M |
|
64
Chevron
CVX
$370B
| $391M | 0.34% |
5,428,944
+153,972
| +3% | +$12.9M |
|
|
65
iShares Global Energy ETF
IXC
$2.78B
| $384M | 0.34% |
23,393,186
+20,386,111
| +678% | +$385M |
|
66
Infosys
INFY
$49B
| $376M | 0.33% |
27,194,454
-1,380,298
| -5% | -$17.2M |
|
|
ABB
67
DELISTED
ABB Ltd
ABB
| $371M | 0.32% |
14,579,346
+484,842
| +3% | +$12.4M |
|
|
NBIS
68
Nebius Group N.V.
NBIS
$52.5B
| $362M | 0.32% |
5,541,270
-344,665
| -6% | -$20.5M |
|
69
CSX Corp
CSX
$94.5B
| $360M | 0.31% |
13,887,678
+646,947
| +5% | +$16M |
|
70
iShares National Muni Bond ETF
MUB
$45.4B
| $351M | 0.31% |
3,030,805
+235,558
| +8% | +$27.4M |
|
71
Crown Castle
CCI
$32.3B
| $324M | 0.28% |
1,947,540
+120,678
| +7% | +$19.9M |
|
72
RTX Corp
RTX
$303B
| $310M | 0.27% |
5,394,846
+183,194
| +4% | +$11.2M |
|
73
Trip.com Group
TCOM
$29B
| $309M | 0.27% |
9,913,152
-692,039
| -7% | -$19.7M |
|
74
Pinduoduo
PDD
$128B
| $301M | 0.26% |
4,054,980
-79,215
| -2% | -$6.79M |
|
75
Lam Research
LRCX
$375B
| $295M | 0.26% |
8,898,720
+561,260
| +7% | +$19.3M |
|
Similar funds
Ken Fisher's Q3 2020 Portfolio in Review
As of Q3 2020, Ken Fisher held 1,002 positions worth $114B, up 12% from $102B the previous quarter. Its ten largest holdings account for 34% of the portfolio.
Ken Fisher's Q3 2020 filing shows 100 new, 334 increased, 405 reduced and 62 closed positions. Its largest new stake was Sally Beauty Holdings: 2,219,976 shares worth $19.3M. The largest sale was TotalEnergies, an estimated $170M.
By sector, the portfolio is most concentrated in Technology at 26% of assets, up from 25% a quarter earlier, followed by Consumer Discretionary and Financials.
- Ken Fisher's largest Q3 2020 buy was Sally Beauty Holdings: 2,219,976 shares worth $19.3M.
- Ken Fisher added most to iShares Global Energy ETF in Q3 2020, an estimated $385M increase.
- Ken Fisher's biggest Q3 2020 reduction was TotalEnergies, cutting an estimated $170M.
- Ken Fisher fully exited Corelogic, Inc. in Q3 2020, selling an estimated $99.1M.
- Ken Fisher's ten largest holdings make up 34% of its $114B portfolio in Q3 2020.
- Ken Fisher opened 100 new positions and closed 62 in Q3 2020.
- Ken Fisher's portfolio value rose 12% quarter-over-quarter to $114B.
Based on Fisher Asset Management's 13F filing for Q3 2020, filed 10 Nov 2020.