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 |
FIYY
Barclays ETN+ FI Enhanced Global High Yield ETN Series B
FIYY
|
+$1.49B |
| 2 |
FFEU
Barclays ETN+ FI Enhanced Europe 50 ETN Series C
FFEU
|
+$423M |
| 3 |
SLB Ltd
SLB
|
+$408M |
| 4 |
RDS.A
Royal Dutch Shell PLC ADS Class A
RDS.A
|
+$340M |
| 5 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$180M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FIGY
Barclays ETN+ FI Enhanced Global High Yield ETN
FIGY
|
+$1.59B |
| 2 |
FEEU
Barclays ETN+ FI Enhanced Europe 50 ETN
FEEU
|
+$464M |
| 3 |
Citigroup
C
|
+$340M |
| 4 |
American Express
AXP
|
+$206M |
| 5 |
CAA
CalAtlantic Group, Inc.
CAA
|
+$123M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16.58% |
| 2 | Technology | 14.9% |
| 3 | Healthcare | 12.05% |
| 4 | Consumer Discretionary | 9.38% |
| 5 | Consumer Staples | 5.59% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
ABB
76
DELISTED
ABB Ltd
ABB
| $229M | 0.3% |
9,664,406
+490,652
| +5% | +$12.6M |
|
77
Walt Disney
DIS
$167B
| $228M | 0.3% |
2,270,864
+93,174
| +4% | +$9.9M |
|
78
ASE Group
ASX
$77.3B
| $226M | 0.3% |
31,122,404
-314,937
| -1% | -$2.21M |
|
|
UN
79
DELISTED
Unilever NV New York Registry Shares
UN
| $222M | 0.29% |
3,933,301
+73,124
| +2% | +$4.02M |
|
80
Ambev
ABEV
$48.1B
| $220M | 0.29% |
30,326,191
+1,697,758
| +6% | +$11.7M |
|
81
iShares MSCI Taiwan ETF
EWT
$9.86B
| $189M | 0.25% |
4,931,362
+159
| +0% | +$6K |
|
82
Petrobras
PBR
$125B
| $170M | 0.23% |
12,016,204
+422,728
| +4% | +$5.56M |
|
83
Dr. Reddy's Laboratories
RDY
$9.87B
| $165M | 0.22% |
25,278,430
-1,796,655
| -7% | -$12.6M |
|
84
Televisa
TV
$1.48B
| $164M | 0.22% |
10,256,972
+52,089
| +0.5% | +$953K |
|
85
East-West Bancorp
EWBC
$17.9B
| $150M | 0.2% |
2,398,288
-94,505
| -4% | -$6.2M |
|
|
AZPN
86
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $148M | 0.2% |
1,875,294
-80,616
| -4% | -$6.36M |
|
87
Steris
STE
$22.3B
| $136M | 0.18% |
1,454,539
-60,973
| -4% | -$5.54M |
|
88
Chemed
CHE
$7.07B
| $131M | 0.17% |
481,379
-9,625
| -2% | -$2.55M |
|
|
HRC
89
DELISTED
HILL-ROM HOLDINGS, INC.
HRC
| $123M | 0.16% |
1,416,084
-76,807
| -5% | -$6.57M |
|
90
Raymond James Financial
RJF
$33.8B
| $122M | 0.16% |
2,041,712
-45,618
| -2% | -$2.84M |
|
91
Yelp
YELP
$1.45B
| $119M | 0.16% |
2,856,268
-21,995
| -0.8% | -$957K |
|
92
HEICO Corp
HEI
$49.8B
| $117M | 0.16% |
1,690,761
-522,655
| -24% | -$34.2M |
|
|
SF
93
Stifel
SF
$12.6B
| $117M | 0.16% |
4,458,748
-138,006
| -3% | -$3.91M |
|
94
ScottsMiracle-Gro
SMG
$3.82B
| $113M | 0.15% |
1,317,234
-53,209
| -4% | -$5.07M |
|
95
Littelfuse
LFUS
$11.2B
| $112M | 0.15% |
536,210
-13,187
| -2% | -$2.77M |
|
96
Morgan Stanley
MS
$331B
| $112M | 0.15% |
2,067,239
-51,997
| -2% | -$2.88M |
|
97
iShares National Muni Bond ETF
MUB
$45.1B
| $110M | 0.15% |
1,005,678
+210,692
| +27% | +$23M |
|
98
Lennar Class A
LEN
$19.8B
| $107M | 0.14% |
+1,868,176
| New | +$113M |
|
99
ICICI Bank
IBN
$108B
| $103M | 0.14% |
11,656,577
-2,069,004
| -15% | -$20.5M |
|
100
Toro Company
TTC
$8.75B
| $101M | 0.13% |
1,624,702
-40,827
| -2% | -$2.6M |
|
Similar funds
Ken Fisher's Q1 2018 Portfolio in Review
As of Q1 2018, Ken Fisher held 991 positions worth $75.4B, down 1.5% from $76.6B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Ken Fisher's Q1 2018 filing shows 69 new, 261 increased, 401 reduced and 162 closed positions. Its largest new stake was Barclays ETN+ FI Enhanced Global High Yield ETN Series B: 15,406,823 shares worth $1.49B. The largest sale was Barclays ETN+ FI Enhanced Global High Yield ETN, an estimated $1.59B.
By sector, the portfolio is most concentrated in Financials at 17% of assets, down from 17% a quarter earlier, followed by Technology and Healthcare.
- Ken Fisher's largest Q1 2018 buy was Barclays ETN+ FI Enhanced Global High Yield ETN Series B: 15,406,823 shares worth $1.49B.
- Ken Fisher added most to SLB Ltd in Q1 2018, an estimated $408M increase.
- Ken Fisher's biggest Q1 2018 reduction was Barclays ETN+ FI Enhanced Global High Yield ETN, cutting an estimated $1.59B.
- Ken Fisher fully exited CalAtlantic Group, Inc. in Q1 2018, selling an estimated $123M.
- Ken Fisher's ten largest holdings make up 26% of its $75.4B portfolio in Q1 2018.
- Ken Fisher opened 69 new positions and closed 162 in Q1 2018.
- Ken Fisher's portfolio value fell 1.5% quarter-over-quarter to $75.4B.
Based on Fisher Asset Management's 13F filing for Q1 2018, filed 19 Apr 2018.