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 |
BAY
BAYER AG SPONS ADR
BAY
|
+$535M |
| 2 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$124M |
| 3 |
Banco Bradesco
BBD
|
+$98.1M |
| 4 |
Itaú Unibanco
ITUB
|
+$94.1M |
| 5 |
FIHD
UBS AG FI Enhanced Global High Yield ETN
FIHD
|
+$80.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PRXL
Parexel International Corp
PRXL
|
+$184M |
| 2 |
IRY
SPDR S&P International Health Care Sector
IRY
|
+$143M |
| 3 |
DFT
DuPont Fabros Technology Inc.
DFT
|
+$72.5M |
| 4 |
PNC Financial Services
PNC
|
+$31M |
| 5 |
HDFC Bank
HDB
|
+$26.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.92% |
| 2 | Technology | 13.57% |
| 3 | Healthcare | 12.73% |
| 4 | Consumer Discretionary | 8.41% |
| 5 | Communication Services | 6.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
Barclays
BCS
$93.4B
| $214M | 0.3% |
21,604,700
+1,434,673
| +7% | +$14.2M |
|
77
Dr. Reddy's Laboratories
RDY
$9.85B
| $195M | 0.27% |
27,341,460
-655,710
| -2% | -$4.71M |
|
78
ASE Group
ASX
$76.3B
| $189M | 0.27% |
30,573,124
-659,345
| -2% | -$4.13M |
|
79
iShares MSCI Taiwan ETF
EWT
$9.6B
| $188M | 0.26% |
5,198,303
-198
| -0% | -$7.27K |
|
|
TTM
80
DELISTED
Tata Motors Limited
TTM
| $174M | 0.24% |
5,555,607
-323,681
| -6% | -$10.4M |
|
|
FLEU
81
DELISTED
Barclays ETN+ FI Enhanced Europe 50 ETN Series B
FLEU
| $172M | 0.24% |
1,113,557
+302,083
| +37% | +$44.3M |
|
82
Ambev
ABEV
$48.2B
| $169M | 0.24% |
25,636,847
+2,174,227
| +9% | +$13.5M |
|
83
East-West Bancorp
EWBC
$17.9B
| $151M | 0.21% |
2,533,422
-28,463
| -1% | -$1.62M |
|
84
Steris
STE
$22.5B
| $136M | 0.19% |
1,539,157
+45,191
| +3% | +$3.83M |
|
85
ScottsMiracle-Gro
SMG
$3.97B
| $135M | 0.19% |
1,387,982
-17,252
| -1% | -$1.64M |
|
86
Yelp
YELP
$1.44B
| $125M | 0.18% |
2,893,867
+434,574
| +18% | +$16.8M |
|
|
AZPN
87
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $125M | 0.18% |
1,991,402
-53,234
| -3% | -$3.34M |
|
88
Raymond James Financial
RJF
$33.6B
| $120M | 0.17% |
2,126,474
-21,442
| -1% | -$1.16M |
|
89
ICICI Bank
IBN
$109B
| $117M | 0.16% |
13,677,248
+644,694
| +5% | +$5.89M |
|
90
Petrobras
PBR
$123B
| $113M | 0.16% |
11,230,938
+451,832
| +4% | +$4.1M |
|
91
Capital One
COF
$129B
| $112M | 0.16% |
1,324,145
+10,211
| +0.8% | +$842K |
|
|
HRC
92
DELISTED
HILL-ROM HOLDINGS, INC.
HRC
| $112M | 0.16% |
1,513,963
-10,913
| -0.7% | -$841K |
|
|
SF
93
Stifel
SF
$12.5B
| $111M | 0.16% |
4,676,800
+67,277
| +1% | +$1.46M |
|
94
Littelfuse
LFUS
$11.2B
| $109M | 0.15% |
558,360
-17,171
| -3% | -$3.12M |
|
95
Toro Company
TTC
$8.72B
| $104M | 0.15% |
1,682,957
-11,252
| -0.7% | -$754K |
|
96
Morgan Stanley
MS
$330B
| $104M | 0.15% |
2,163,479
-26,930
| -1% | -$1.25M |
|
97
HEICO Corp
HEI
$49.5B
| $103M | 0.14% |
2,245,385
-40,674
| -2% | -$1.73M |
|
98
West Pharmaceutical
WST
$23.9B
| $102M | 0.14% |
1,062,304
-36,855
| -3% | -$3.33M |
|
|
CLGX
99
DELISTED
Corelogic, Inc.
CLGX
| $101M | 0.14% |
2,188,448
-18,652
| -0.8% | -$847K |
|
100
Lincoln Electric
LECO
$13.7B
| $101M | 0.14% |
1,099,558
+27,495
| +3% | +$2.45M |
|
Similar funds
Ken Fisher's Q3 2017 Portfolio in Review
As of Q3 2017, Ken Fisher held 922 positions worth $71.3B, up 7.5% from $66.3B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Fisher's Q3 2017 filing shows 120 new, 343 increased, 284 reduced and 79 closed positions. Its largest new stake was Coresite Realty Corporation: 286,849 shares worth $32.1M. The largest sale was Parexel International Corp, an estimated $184M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, up from 18% a quarter earlier, followed by Technology and Healthcare.
- Ken Fisher's largest Q3 2017 buy was Coresite Realty Corporation: 286,849 shares worth $32.1M.
- Ken Fisher added most to BAYER AG SPONS ADR in Q3 2017, an estimated $535M increase.
- Ken Fisher's biggest Q3 2017 reduction was PNC Financial Services, cutting an estimated $31M.
- Ken Fisher fully exited Parexel International Corp in Q3 2017, selling an estimated $184M.
- Ken Fisher's ten largest holdings make up 23% of its $71.3B portfolio in Q3 2017.
- Ken Fisher opened 120 new positions and closed 79 in Q3 2017.
- Ken Fisher's portfolio value rose 7.5% quarter-over-quarter to $71.3B.
Based on Fisher Asset Management's 13F filing for Q3 2017, filed 17 Oct 2017.