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 |
Caterpillar
CAT
|
+$675M |
| 2 |
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
|
+$559M |
| 3 |
PayPal
PYPL
|
+$417M |
| 4 |
Netflix
NFLX
|
+$408M |
| 5 |
Alibaba
BABA
|
+$328M |
Top Sells
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.01% |
| 2 | Financials | 13.51% |
| 3 | Healthcare | 10.94% |
| 4 | Consumer Discretionary | 8.78% |
| 5 | Energy | 6.2% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
ConocoPhillips
COP
$147B
| $245M | 0.27% |
4,307,846
+968,802
| +29% | +$55.1M |
|
|
BBL
77
DELISTED
BHP Group Plc American Depositary Shares (Each representing two Ordinary Shares)
BBL
| $243M | 0.27% |
5,678,451
+299,077
| +6% | +$13.6M |
|
78
Credicorp
BAP
$31.8B
| $238M | 0.26% |
1,140,384
-43,792
| -4% | -$9.49M |
|
79
NetEase
NTES
$85.3B
| $225M | 0.25% |
4,226,845
-113,360
| -3% | -$5.77M |
|
80
State Street SPDR Nuveen ICE Municipal Bond ETF
TFI
$3.05B
| $224M | 0.25% |
4,416,855
-56,889
| -1% | -$2.89M |
|
|
SIVB
81
DELISTED
SVB Financial Group
SIVB
| $210M | 0.23% |
1,006,883
-10,211
| -1% | -$2.14M |
|
|
AZPN
82
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $209M | 0.23% |
1,695,595
-22,420
| -1% | -$2.76M |
|
83
Xtrackers USD High Yield Corporate Bond ETF
HYLB
$3.52B
| $204M | 0.22% |
5,091,820
+664,891
| +15% | +$26.6M |
|
84
Domino's
DPZ
$11.5B
| $194M | 0.21% |
793,228
-18,330
| -2% | -$4.54M |
|
85
Weibo
WB
$2B
| $180M | 0.2% |
4,022,595
-176,238
| -4% | -$7.47M |
|
86
NVIDIA
NVDA
$4.86T
| $176M | 0.19% |
40,476,280
+14,349,200
| +55% | +$60.4M |
|
87
HEICO Corp
HEI
$49.8B
| $175M | 0.19% |
1,403,121
-173,142
| -11% | -$23.7M |
|
88
Invesco QQQ Trust
QQQ
$453B
| $173M | 0.19% |
915,687
+174,395
| +24% | +$33.1M |
|
89
Baidu
BIDU
$37.7B
| $171M | 0.19% |
1,661,524
-59,349
| -3% | -$6.38M |
|
90
Steris
STE
$22.3B
| $155M | 0.17% |
1,072,837
-14,215
| -1% | -$2.12M |
|
91
ASE Group
ASX
$77.3B
| $152M | 0.17% |
34,052,015
-2,772,805
| -8% | -$12.2M |
|
92
ScottsMiracle-Gro
SMG
$3.82B
| $146M | 0.16% |
1,433,422
-24,782
| -2% | -$2.6M |
|
|
HES
93
DELISTED
Hess
HES
| $143M | 0.16% |
2,365,347
+125,139
| +6% | +$7.8M |
|
94
Chemed
CHE
$7.07B
| $143M | 0.16% |
342,188
-6,772
| -2% | -$2.76M |
|
95
Vanguard S&P 500 ETF
VOO
$979B
| $143M | 0.16% |
523,023
+46,510
| +10% | +$12.6M |
|
96
Southern Copper
SCCO
$143B
| $138M | 0.15% |
4,355,158
-237,331
| -5% | -$7.53M |
|
97
Mastercard
MA
$502B
| $129M | 0.14% |
473,221
+14,978
| +3% | +$4.13M |
|
98
America Movil
AMX
$76.1B
| $127M | 0.14% |
8,554,509
-158,194
| -2% | -$2.27M |
|
99
West Pharmaceutical
WST
$24B
| $127M | 0.14% |
895,150
-10,068
| -1% | -$1.39M |
|
100
iShares MSCI Europe Financials ETF
EUFN
$4.14B
| $120M | 0.13% |
6,820,194
-20,812,802
| -75% | -$362M |
|
Similar funds
Ken Fisher's Q3 2019 Portfolio in Review
As of Q3 2019, Ken Fisher held 980 positions worth $91.1B, up 0.75% from $90.5B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Ken Fisher's Q3 2019 filing shows 78 new, 345 increased, 343 reduced and 77 closed positions. Its largest new stake was Global Payments: 199,149 shares worth $31.7M. The largest sale was Barclays ETN+ FI Enhanced Europe 50 ETN Series C, an estimated $881M.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 19% a quarter earlier, followed by Financials and Healthcare.
- Ken Fisher's largest Q3 2019 buy was Global Payments: 199,149 shares worth $31.7M.
- Ken Fisher added most to Caterpillar in Q3 2019, an estimated $675M increase.
- Ken Fisher's biggest Q3 2019 reduction was Barclays ETN+ FI Enhanced Europe 50 ETN Series C, cutting an estimated $881M.
- Ken Fisher fully exited Tableau Software, Inc. in Q3 2019, selling an estimated $53.8M.
- Ken Fisher's ten largest holdings make up 26% of its $91.1B portfolio in Q3 2019.
- Ken Fisher opened 78 new positions and closed 77 in Q3 2019.
- Ken Fisher's portfolio value rose 0.75% quarter-over-quarter to $91.1B.
Based on Fisher Asset Management's 13F filing for Q3 2019, filed 29 Oct 2019.