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 |
Alibaba
BABA
|
+$594M |
| 2 |
ING
ING
|
+$545M |
| 3 |
Banco Santander
SAN
|
+$503M |
| 4 |
Sumitomo Mitsui Financial
SMFG
|
+$364M |
| 5 |
Vodafone
VOD
|
+$314M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Wells Fargo
WFC
|
+$939M |
| 2 |
JPMorgan Chase
JPM
|
+$598M |
| 3 |
RTX Corp
RTX
|
+$579M |
| 4 |
Home Depot
HD
|
+$510M |
| 5 |
Qualcomm
QCOM
|
+$500M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.55% |
| 2 | Technology | 13.55% |
| 3 | Healthcare | 13.21% |
| 4 | Consumer Discretionary | 8.47% |
| 5 | Communication Services | 6.27% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
ASE Group
ASX
$76.3B
| $197M | 0.3% |
31,232,469
-137,028
| -0.4% | -$858K |
|
|
TTM
77
DELISTED
Tata Motors Limited
TTM
| $194M | 0.29% |
5,879,288
-3,180,633
| -35% | -$111M |
|
78
iShares MSCI Taiwan ETF
EWT
$9.6B
| $186M | 0.28% |
5,198,501
-331,723
| -6% | -$11.4M |
|
|
PRXL
79
DELISTED
Parexel International Corp
PRXL
| $184M | 0.28% |
2,114,547
-45,761
| -2% | -$3.41M |
|
80
East-West Bancorp
EWBC
$17.9B
| $150M | 0.23% |
2,561,885
-167,010
| -6% | -$9.19M |
|
|
IRY
81
DELISTED
SPDR S&P International Health Care Sector
IRY
| $143M | 0.22% |
2,843,824
+2,812,352
| +8,936% | +$139M |
|
82
Itaú Unibanco
ITUB
$93B
| $131M | 0.2% |
24,508,686
+1,406,027
| +6% | +$7.88M |
|
83
Ambev
ABEV
$48.2B
| $129M | 0.19% |
23,462,620
+23,284
| +0.1% | +$133K |
|
84
ScottsMiracle-Gro
SMG
$3.97B
| $126M | 0.19% |
1,405,234
-40,979
| -3% | -$3.69M |
|
85
Steris
STE
$22.5B
| $122M | 0.18% |
1,493,966
-53,850
| -3% | -$4.09M |
|
|
HRC
86
DELISTED
HILL-ROM HOLDINGS, INC.
HRC
| $121M | 0.18% |
1,524,876
-44,785
| -3% | -$3.38M |
|
87
Toro Company
TTC
$8.72B
| $117M | 0.18% |
1,694,209
-45,335
| -3% | -$3.03M |
|
88
ICICI Bank
IBN
$109B
| $117M | 0.18% |
13,032,554
+288,718
| +2% | +$2.44M |
|
|
FLEU
89
DELISTED
Barclays ETN+ FI Enhanced Europe 50 ETN Series B
FLEU
| $115M | 0.17% |
811,474
+335,904
| +71% | +$45.8M |
|
90
Raymond James Financial
RJF
$33.6B
| $115M | 0.17% |
2,147,916
-56,315
| -3% | -$2.83M |
|
91
Banco Bradesco
BBD
$37.9B
| $114M | 0.17% |
+23,573,720
| New | +$120M |
|
|
AZPN
92
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $113M | 0.17% |
2,044,636
-56,364
| -3% | -$3.11M |
|
93
Capital One
COF
$129B
| $109M | 0.16% |
1,313,934
+1,957
| +0.1% | +$159K |
|
94
NETSCOUT
NTCT
$2.91B
| $107M | 0.16% |
3,101,060
-65,383
| -2% | -$2.37M |
|
95
West Pharmaceutical
WST
$23.9B
| $104M | 0.16% |
1,099,159
-25,050
| -2% | -$2.3M |
|
96
Chemed
CHE
$7.1B
| $102M | 0.15% |
500,692
-11,932
| -2% | -$2.38M |
|
|
FNSR
97
DELISTED
Finisar Corp
FNSR
| $102M | 0.15% |
3,932,232
-76,090
| -2% | -$1.89M |
|
|
NUVA
98
DELISTED
NuVasive, Inc.
NUVA
| $102M | 0.15% |
1,321,423
-33,225
| -2% | -$2.48M |
|
99
Lincoln Electric
LECO
$13.7B
| $98.7M | 0.15% |
1,072,063
+45,265
| +4% | +$4.07M |
|
100
Morgan Stanley
MS
$330B
| $97.6M | 0.15% |
2,190,409
-14,748
| -0.7% | -$636K |
|
Similar funds
Ken Fisher's Q2 2017 Portfolio in Review
As of Q2 2017, Ken Fisher held 877 positions worth $66.3B, up 6.2% from $62.4B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Fisher's Q2 2017 filing shows 104 new, 361 increased, 246 reduced and 75 closed positions. Its largest new stake was Sumitomo Mitsui Financial: 48,974,918 shares worth $385M. The largest sale was Wells Fargo, an estimated $939M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, down from 19% a quarter earlier, followed by Technology and Healthcare.
- Ken Fisher's largest Q2 2017 buy was Sumitomo Mitsui Financial: 48,974,918 shares worth $385M.
- Ken Fisher added most to Alibaba in Q2 2017, an estimated $594M increase.
- Ken Fisher's biggest Q2 2017 reduction was Wells Fargo, cutting an estimated $939M.
- Ken Fisher fully exited Janus Capital Group Inc in Q2 2017, selling an estimated $54.1M.
- Ken Fisher's ten largest holdings make up 23% of its $66.3B portfolio in Q2 2017.
- Ken Fisher opened 104 new positions and closed 75 in Q2 2017.
- Ken Fisher's portfolio value rose 6.2% quarter-over-quarter to $66.3B.
Based on Fisher Asset Management's 13F filing for Q2 2017, filed 13 Jul 2017.