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 Global Energy ETF
IXC
|
+$385M |
| 2 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$360M |
| 3 |
iShares MSCI Europe Financials ETF
EUFN
|
+$250M |
| 4 |
Apple
AAPL
|
+$158M |
| 5 |
Amazon
AMZN
|
+$137M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TotalEnergies
TTE
|
+$170M |
| 2 |
TSMC
TSM
|
+$151M |
| 3 |
RDS.A
Royal Dutch Shell PLC ADS Class A
RDS.A
|
+$129M |
| 4 |
CLGX
Corelogic, Inc.
CLGX
|
+$99.1M |
| 5 |
ING
ING
|
+$95.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.41% |
| 2 | Consumer Discretionary | 13.75% |
| 3 | Financials | 11.06% |
| 4 | Healthcare | 10.73% |
| 5 | Communication Services | 6.43% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
HDFC Bank
HDB
$122B
| $286M | 0.25% |
11,457,592
-789,076
| -6% | -$19.1M |
|
|
BBL
77
DELISTED
BHP Group Plc American Depositary Shares (Each representing two Ordinary Shares)
BBL
| $284M | 0.25% |
6,659,099
+243,895
| +4% | +$10.9M |
|
|
78
iShares MSCI Europe Financials ETF
EUFN
$4.26B
| $282M | 0.25% |
20,487,934
+16,887,038
| +469% | +$250M |
|
79
Alphabet (Google) Class C
GOOG
$4.36T
| $281M | 0.25% |
3,824,740
-53,200
| -1% | -$4.06M |
|
|
RDS.A
80
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $277M | 0.24% |
10,985,798
-4,265,905
| -28% | -$129M |
|
81
Petrobras
PBR
$120B
| $274M | 0.24% |
38,485,896
-2,381,359
| -6% | -$20.2M |
|
|
82
ING
ING
$102B
| $263M | 0.23% |
37,182,977
-12,522,237
| -25% | -$95.7M |
|
83
ExxonMobil
XOM
$640B
| $252M | 0.22% |
7,345,360
+177,390
| +2% | +$7.25M |
|
84
Vanguard S&P 500 ETF
VOO
$1.01T
| $240M | 0.21% |
778,817
+44,838
| +6% | +$13.7M |
|
85
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$16.6B
| $229M | 0.2% |
2,735,317
-87,837
| -3% | -$7.39M |
|
86
Mercado Libre
MELI
$92B
| $229M | 0.2% |
211,694
-13,128
| -6% | -$14.2M |
|
|
XYZ
87
Block Inc
XYZ
$47B
| $223M | 0.2% |
1,374,747
+64,255
| +5% | +$9.07M |
|
88
State Street SPDR Nuveen ICE Municipal Bond ETF
TFI
$3.13B
| $215M | 0.19% |
4,142,502
-22,368
| -0.5% | -$1.17M |
|
89
Xtrackers USD High Yield Corporate Bond ETF
HYLB
$3.47B
| $212M | 0.19% |
5,517,184
-924,927
| -14% | -$35.7M |
|
90
SLB Ltd
SLB
$76.7B
| $207M | 0.18% |
13,317,960
+14,655
| +0.1% | +$273K |
|
91
Globant
GLOB
$1.59B
| $205M | 0.18% |
1,143,619
-39,872
| -3% | -$6.86M |
|
92
Southern Copper
SCCO
$161B
| $192M | 0.17% |
4,579,083
-248,260
| -5% | -$10.3M |
|
93
Medtronic
MDT
$110B
| $188M | 0.16% |
1,807,840
+231,537
| +15% | +$23.3M |
|
94
NetEase
NTES
$83.2B
| $187M | 0.16% |
2,055,320
-125,885
| -6% | -$11.8M |
|
95
Banco Santander
SAN
$209B
| $178M | 0.16% |
100,644,594
-23,206,598
| -19% | -$49.9M |
|
96
iShares Global Tech ETF
IXN
$8.75B
| $178M | 0.16% |
4,039,332
+127,890
| +3% | +$5.44M |
|
|
SIVB
97
DELISTED
SVB Financial Group
SIVB
| $173M | 0.15% |
717,269
-35,121
| -5% | -$8.26M |
|
98
Domino's
DPZ
$11.8B
| $171M | 0.15% |
402,941
-82,374
| -17% | -$32.8M |
|
99
ConocoPhillips
COP
$142B
| $162M | 0.14% |
4,919,062
+116,290
| +2% | +$4.41M |
|
100
Honda
HMC
$39.9B
| $156M | 0.14% |
6,581,741
+329,424
| +5% | +$8.33M |
|
Similar funds
Ken Fisher's Q3 2020 Portfolio in Review
As of Q3 2020, Ken Fisher held 1,002 positions worth $114B, up 12% from $102B the previous quarter. Its ten largest holdings account for 34% of the portfolio.
Ken Fisher's Q3 2020 filing shows 100 new, 334 increased, 405 reduced and 62 closed positions. Its largest new stake was Sally Beauty Holdings: 2,219,976 shares worth $19.3M. The largest sale was TotalEnergies, an estimated $170M.
By sector, the portfolio is most concentrated in Technology at 26% of assets, up from 25% a quarter earlier, followed by Consumer Discretionary and Financials.
- Ken Fisher's largest Q3 2020 buy was Sally Beauty Holdings: 2,219,976 shares worth $19.3M.
- Ken Fisher added most to iShares Global Energy ETF in Q3 2020, an estimated $385M increase.
- Ken Fisher's biggest Q3 2020 reduction was TotalEnergies, cutting an estimated $170M.
- Ken Fisher fully exited Corelogic, Inc. in Q3 2020, selling an estimated $99.1M.
- Ken Fisher's ten largest holdings make up 34% of its $114B portfolio in Q3 2020.
- Ken Fisher opened 100 new positions and closed 62 in Q3 2020.
- Ken Fisher's portfolio value rose 12% quarter-over-quarter to $114B.
Based on Fisher Asset Management's 13F filing for Q3 2020, filed 10 Nov 2020.