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 |
iShares MSCI Europe Financials ETF
EUFN
|
+$427M |
| 2 |
iShares Global Energy ETF
IXC
|
+$357M |
| 3 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$322M |
| 4 |
iShares MSCI Spain ETF
EWP
|
+$194M |
| 5 |
FRLG
Large Cap Growth Index-Linked Exchange Traded Notes due 2028
FRLG
|
+$193M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TotalEnergies
TTE
|
+$208M |
| 2 |
ING
ING
|
+$123M |
| 3 |
Banco Bilbao Vizcaya Argentaria
BBVA
|
+$90.3M |
| 4 |
Banco Santander
SAN
|
+$82.1M |
| 5 |
Freeport-McMoran
FCX
|
+$57.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.57% |
| 2 | Financials | 12.78% |
| 3 | Healthcare | 11.18% |
| 4 | Consumer Discretionary | 8.38% |
| 5 | Energy | 6.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
SIVB
76
DELISTED
SVB Financial Group
SIVB
| $228M | 0.25% |
1,017,094
+7,245
| +0.7% | +$1.68M |
|
77
iShares National Muni Bond ETF
MUB
$45.2B
| $227M | 0.25% |
2,005,083
+265,132
| +15% | +$29.7M |
|
78
Domino's
DPZ
$11.7B
| $226M | 0.25% |
811,558
+23,385
| +3% | +$6.4M |
|
79
State Street SPDR Nuveen ICE Municipal Bond ETF
TFI
$3.06B
| $224M | 0.25% |
4,473,744
-68,260
| -2% | -$3.39M |
|
80
NetEase
NTES
$84.4B
| $222M | 0.25% |
4,340,205
-192,790
| -4% | -$10.2M |
|
|
AZPN
81
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $214M | 0.24% |
1,718,015
-12,964
| -0.7% | -$1.61M |
|
82
HEICO Corp
HEI
$49.5B
| $211M | 0.23% |
1,576,263
-8,841
| -0.6% | -$983K |
|
83
ConocoPhillips
COP
$145B
| $204M | 0.23% |
3,339,044
-636,714
| -16% | -$39.6M |
|
84
Baidu
BIDU
$36.5B
| $202M | 0.22% |
1,720,873
-68,162
| -4% | -$9.71M |
|
|
85
iShares MSCI Spain ETF
EWP
$2.11B
| $193M | 0.21% |
6,685,160
+6,662,387
| +29,256% | +$194M |
|
86
Weibo
WB
$1.99B
| $183M | 0.2% |
4,198,833
-167,181
| -4% | -$9.37M |
|
87
Xtrackers USD High Yield Corporate Bond ETF
HYLB
$3.52B
| $178M | 0.2% |
4,426,929
+865,685
| +24% | +$34.4M |
|
|
88
Banco Bilbao Vizcaya Argentaria
BBVA
$152B
| $176M | 0.2% |
31,736,025
-15,536,251
| -33% | -$90.3M |
|
89
Southern Copper
SCCO
$145B
| $165M | 0.18% |
4,592,489
-128,227
| -3% | -$4.46M |
|
90
Steris
STE
$22.5B
| $162M | 0.18% |
1,087,052
-23,382
| -2% | -$3.12M |
|
91
ASE Group
ASX
$76.3B
| $145M | 0.16% |
36,824,820
-430,137
| -1% | -$1.8M |
|
92
ScottsMiracle-Gro
SMG
$3.97B
| $144M | 0.16% |
1,458,204
-2,143
| -0.1% | -$191K |
|
|
HES
93
DELISTED
Hess
HES
| $142M | 0.16% |
2,240,208
+195,299
| +10% | +$12.1M |
|
94
Invesco QQQ Trust
QQQ
$450B
| $138M | 0.15% |
741,292
+95,966
| +15% | +$17.7M |
|
95
Cleveland-Cliffs
CLF
$6.64B
| $137M | 0.15% |
12,872,970
+565,102
| +5% | +$5.57M |
|
96
Vanguard S&P 500 ETF
VOO
$972B
| $128M | 0.14% |
476,513
+57,968
| +14% | +$15.3M |
|
97
America Movil
AMX
$76B
| $127M | 0.14% |
8,712,703
-384,277
| -4% | -$5.68M |
|
98
Chemed
CHE
$7.1B
| $126M | 0.14% |
348,960
-5,256
| -1% | -$1.76M |
|
99
Mastercard
MA
$510B
| $121M | 0.13% |
458,243
+41,299
| +10% | +$10.3M |
|
100
Ambev
ABEV
$48.2B
| $118M | 0.13% |
25,320,327
-1,514,532
| -6% | -$6.79M |
|
Similar funds
Ken Fisher's Q2 2019 Portfolio in Review
As of Q2 2019, Ken Fisher held 967 positions worth $90.5B, up 6% from $85.3B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Ken Fisher's Q2 2019 filing shows 105 new, 388 increased, 294 reduced and 65 closed positions. Its largest new stake was State Street SPDR S&P Metals & Mining ETF: 3,272,430 shares worth $92.9M. The largest sale was TotalEnergies, an estimated $208M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 18% a quarter earlier, followed by Financials and Healthcare.
- Ken Fisher's largest Q2 2019 buy was State Street SPDR S&P Metals & Mining ETF: 3,272,430 shares worth $92.9M.
- Ken Fisher added most to iShares MSCI Europe Financials ETF in Q2 2019, an estimated $427M increase.
- Ken Fisher's biggest Q2 2019 reduction was TotalEnergies, cutting an estimated $208M.
- Ken Fisher fully exited Rowan Companies Plc in Q2 2019, selling an estimated $10.6M.
- Ken Fisher's ten largest holdings make up 27% of its $90.5B portfolio in Q2 2019.
- Ken Fisher opened 105 new positions and closed 65 in Q2 2019.
- Ken Fisher's portfolio value rose 6% quarter-over-quarter to $90.5B.
Based on Fisher Asset Management's 13F filing for Q2 2019, filed 30 Jul 2019.