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 |
TotalEnergies
TTE
|
+$988M |
| 2 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$354M |
| 3 |
BP
BP
|
+$285M |
| 4 |
Freeport-McMoran
FCX
|
+$269M |
| 5 |
Rio Tinto
RIO
|
+$263M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Berkshire Hathaway Class B
BRK.B
|
+$612M |
| 2 |
BAY
BAYER AG SPONS ADR
BAY
|
+$441M |
| 3 |
Johnson & Johnson
JNJ
|
+$247M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$189M |
| 5 |
Vodafone
VOD
|
+$164M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.26% |
| 2 | Financials | 13.72% |
| 3 | Healthcare | 11.39% |
| 4 | Consumer Discretionary | 8.65% |
| 5 | Energy | 5.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
UN
76
DELISTED
Unilever NV New York Registry Shares
UN
| $234M | 0.28% |
4,219,277
+129,367
| +3% | +$7.32M |
|
77
State Street SPDR Nuveen ICE Municipal Bond ETF
TFI
$3.05B
| $225M | 0.27% |
4,746,152
+2,744
| +0.1% | +$131K |
|
78
America Movil
AMX
$76.1B
| $221M | 0.27% |
13,752,632
-577,911
| -4% | -$9.75M |
|
|
AZPN
79
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $210M | 0.25% |
1,839,863
-43
| -0% | -$4.9K |
|
|
BBL
80
DELISTED
BHP Group Plc American Depositary Shares (Each representing two Ordinary Shares)
BBL
| $199M | 0.24% |
4,518,469
+375,570
| +9% | +$16.2M |
|
81
Southern Copper
SCCO
$143B
| $198M | 0.24% |
4,957,430
+3,775,993
| +320% | +$155M |
|
82
NetEase
NTES
$85.3B
| $196M | 0.24% |
4,300,630
-146,670
| -3% | -$6.75M |
|
83
Salesforce
CRM
$151B
| $195M | 0.24% |
1,228,018
+680,261
| +124% | +$101M |
|
84
ASE Group
ASX
$77.3B
| $190M | 0.23% |
39,375,103
-1,002,632
| -2% | -$4.74M |
|
85
GE Aerospace
GE
$374B
| $190M | 0.23% |
3,514,515
-1,406,288
| -29% | -$86.7M |
|
86
Televisa
TV
$1.48B
| $175M | 0.21% |
9,851,563
-446,926
| -4% | -$8.49M |
|
87
Steris
STE
$22.3B
| $161M | 0.2% |
1,404,900
-34,317
| -2% | -$3.88M |
|
88
Chemed
CHE
$7.07B
| $152M | 0.18% |
475,300
-4,376
| -0.9% | -$1.39M |
|
89
HEICO Corp
HEI
$49.8B
| $147M | 0.18% |
1,589,879
-76,656
| -5% | -$6.3M |
|
90
Yelp
YELP
$1.45B
| $145M | 0.18% |
2,951,200
-61,191
| -2% | -$2.67M |
|
91
Barclays
BCS
$92.7B
| $145M | 0.18% |
16,917,562
-11,137,878
| -40% | -$103M |
|
92
iShares National Muni Bond ETF
MUB
$45.1B
| $143M | 0.17% |
1,324,266
+123,126
| +10% | +$13.4M |
|
93
Ambev
ABEV
$48.1B
| $139M | 0.17% |
30,509,882
+22,752
| +0.1% | +$108K |
|
94
East-West Bancorp
EWBC
$17.9B
| $129M | 0.16% |
2,128,605
-58,979
| -3% | -$3.79M |
|
|
HRC
95
DELISTED
HILL-ROM HOLDINGS, INC.
HRC
| $123M | 0.15% |
1,305,704
-105,568
| -7% | -$9.91M |
|
96
Raymond James Financial
RJF
$33.8B
| $116M | 0.14% |
1,896,254
-111,394
| -6% | -$6.86M |
|
97
ScottsMiracle-Gro
SMG
$3.82B
| $115M | 0.14% |
1,466,414
-40,013
| -3% | -$3.14M |
|
98
West Pharmaceutical
WST
$24B
| $114M | 0.14% |
922,501
-52,703
| -5% | -$5.91M |
|
99
Adobe
ADBE
$99.5B
| $110M | 0.13% |
+408,693
| New | +$105M |
|
100
Cleveland-Cliffs
CLF
$6.57B
| $108M | 0.13% |
+8,568,756
| New | +$88.2M |
|
Similar funds
Ken Fisher's Q3 2018 Portfolio in Review
As of Q3 2018, Ken Fisher held 943 positions worth $82.4B, up 6.9% from $77B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Ken Fisher's Q3 2018 filing shows 81 new, 327 increased, 378 reduced and 73 closed positions. Its largest new stake was Adobe: 408,693 shares worth $110M. The largest sale was Berkshire Hathaway Class B, an estimated $612M.
By sector, the portfolio is most concentrated in Technology at 16% of assets, up from 15% a quarter earlier, followed by Financials and Healthcare.
- Ken Fisher's largest Q3 2018 buy was Adobe: 408,693 shares worth $110M.
- Ken Fisher added most to TotalEnergies in Q3 2018, an estimated $988M increase.
- Ken Fisher's biggest Q3 2018 reduction was Berkshire Hathaway Class B, cutting an estimated $612M.
- Ken Fisher fully exited Cavium, Inc. in Q3 2018, selling an estimated $56.9M.
- Ken Fisher's ten largest holdings make up 27% of its $82.4B portfolio in Q3 2018.
- Ken Fisher opened 81 new positions and closed 73 in Q3 2018.
- Ken Fisher's portfolio value rose 6.9% quarter-over-quarter to $82.4B.
Based on Fisher Asset Management's 13F filing for Q3 2018, filed 24 Oct 2018.