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 |
Adobe
ADBE
|
+$312M |
| 2 |
Salesforce
CRM
|
+$299M |
| 3 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$263M |
| 4 |
Netflix
NFLX
|
+$250M |
| 5 |
ConocoPhillips
COP
|
+$246M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PepsiCo
PEP
|
+$755M |
| 2 |
Procter & Gamble
PG
|
+$520M |
| 3 |
UN
Unilever NV New York Registry Shares
UN
|
+$179M |
| 4 |
Televisa
TV
|
+$119M |
| 5 |
Vanguard Industrials ETF
VIS
|
+$81M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.39% |
| 2 | Financials | 12.97% |
| 3 | Healthcare | 11.55% |
| 4 | Consumer Discretionary | 8.66% |
| 5 | Energy | 7.16% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
BBL
76
DELISTED
BHP Group Plc American Depositary Shares (Each representing two Ordinary Shares)
BBL
| $245M | 0.29% |
5,077,217
+261,414
| +5% | +$11.7M |
|
|
SIVB
77
DELISTED
SVB Financial Group
SIVB
| $225M | 0.26% |
1,009,849
-53,705
| -5% | -$12.5M |
|
78
State Street SPDR Nuveen ICE Municipal Bond ETF
TFI
$3.05B
| $224M | 0.26% |
4,542,004
-95,362
| -2% | -$4.63M |
|
|
ABB
79
DELISTED
ABB Ltd
ABB
| $222M | 0.26% |
11,760,552
+567,321
| +5% | +$11M |
|
80
NetEase
NTES
$85.3B
| $219M | 0.26% |
4,532,995
+147,830
| +3% | +$7.03M |
|
81
Domino's
DPZ
$11.5B
| $203M | 0.24% |
788,173
-277,188
| -26% | -$72.1M |
|
82
iShares National Muni Bond ETF
MUB
$45.1B
| $193M | 0.23% |
1,739,951
+234,452
| +16% | +$25.7M |
|
|
AZPN
83
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $180M | 0.21% |
1,730,979
-134,763
| -7% | -$14.1M |
|
84
Southern Copper
SCCO
$143B
| $174M | 0.2% |
4,720,716
-237,326
| -5% | -$7.58M |
|
85
ASE Group
ASX
$77.3B
| $161M | 0.19% |
37,254,957
-1,204,025
| -3% | -$4.72M |
|
86
HEICO Corp
HEI
$49.8B
| $150M | 0.18% |
1,585,104
-11,276
| -0.7% | -$984K |
|
87
Steris
STE
$22.3B
| $142M | 0.17% |
1,110,434
-296,686
| -21% | -$34.9M |
|
88
Xtrackers USD High Yield Corporate Bond ETF
HYLB
$3.52B
| $142M | 0.17% |
3,561,244
+719,515
| +25% | +$28.1M |
|
89
America Movil
AMX
$76.1B
| $130M | 0.15% |
9,096,980
-2,814,227
| -24% | -$42.5M |
|
|
HES
90
DELISTED
Hess
HES
| $123M | 0.14% |
+2,044,909
| New | +$113M |
|
91
Cleveland-Cliffs
CLF
$6.57B
| $123M | 0.14% |
12,307,868
+1,406,769
| +13% | +$14.1M |
|
|
VRNT
92
DELISTED
Verint Systems
VRNT
| $116M | 0.14% |
3,814,325
-272,468
| -7% | -$6.93M |
|
93
Invesco QQQ Trust
QQQ
$453B
| $116M | 0.14% |
645,326
+85,229
| +15% | +$14.5M |
|
94
Ambev
ABEV
$48.1B
| $115M | 0.14% |
26,834,859
-1,285,725
| -5% | -$5.91M |
|
95
ScottsMiracle-Gro
SMG
$3.82B
| $115M | 0.13% |
1,460,347
-62,534
| -4% | -$4.71M |
|
96
Chemed
CHE
$7.07B
| $113M | 0.13% |
354,216
-123,045
| -26% | -$37.8M |
|
|
HRC
97
DELISTED
HILL-ROM HOLDINGS, INC.
HRC
| $113M | 0.13% |
1,068,789
-244,723
| -19% | -$24.6M |
|
98
Raymond James Financial
RJF
$33.8B
| $109M | 0.13% |
2,030,580
-15,531
| -0.8% | -$832K |
|
99
Vanguard S&P 500 ETF
VOO
$979B
| $109M | 0.13% |
418,545
+45,014
| +12% | +$11.2M |
|
100
Boeing
BA
$171B
| $106M | 0.12% |
277,643
-12,197
| -4% | -$4.7M |
|
Similar funds
Ken Fisher's Q1 2019 Portfolio in Review
As of Q1 2019, Ken Fisher held 944 positions worth $85.3B, up 17% from $73.2B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Ken Fisher's Q1 2019 filing shows 78 new, 319 increased, 366 reduced and 82 closed positions. Its largest new stake was Hess: 2,044,909 shares worth $123M. The largest sale was PepsiCo, an estimated $755M.
By sector, the portfolio is most concentrated in Technology at 18% of assets, up from 17% a quarter earlier, followed by Financials and Healthcare.
- Ken Fisher's largest Q1 2019 buy was Hess: 2,044,909 shares worth $123M.
- Ken Fisher added most to Adobe in Q1 2019, an estimated $312M increase.
- Ken Fisher's biggest Q1 2019 reduction was PepsiCo, cutting an estimated $755M.
- Ken Fisher fully exited Televisa in Q1 2019, selling an estimated $119M.
- Ken Fisher's ten largest holdings make up 26% of its $85.3B portfolio in Q1 2019.
- Ken Fisher opened 78 new positions and closed 82 in Q1 2019.
- Ken Fisher's portfolio value rose 17% quarter-over-quarter to $85.3B.
Based on Fisher Asset Management's 13F filing for Q1 2019, filed 22 Apr 2019.