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 |
FEEU
Barclays ETN+ FI Enhanced Europe 50 ETN
FEEU
|
+$518M |
| 2 |
Citigroup
C
|
+$271M |
| 3 |
Bank of America
BAC
|
+$254M |
| 4 |
RTX Corp
RTX
|
+$233M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
+$211M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Philip Morris
PM
|
+$507M |
| 2 |
British American Tobacco
BTI
|
+$298M |
| 3 |
Vodafone
VOD
|
+$272M |
| 4 |
ABV
COMPANHIA BEBIDA ADS EACH REPSTG 1 PFD SH
ABV
|
+$267M |
| 5 |
BHP
BHP
|
+$226M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.1% |
| 2 | Technology | 14.63% |
| 3 | Healthcare | 12.33% |
| 4 | Consumer Discretionary | 7.86% |
| 5 | Industrials | 6.1% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Glacier Bancorp
GBCI
$6.38B
| $57.9M | 0.14% |
2,346,485
+11,500
| +0.5% | +$276K |
|
|
JNS
102
DELISTED
Janus Capital Group Inc
JNS
| $56.9M | 0.14% |
6,681,426
+34,335
| +0.5% | +$308K |
|
|
SUSQ
103
DELISTED
SUSQUEHANNA BANCSHARES INC
SUSQ
| $56.8M | 0.14% |
4,535,861
+12,445
| +0.3% | +$164K |
|
104
Lazard
LAZ
$4.09B
| $56.2M | 0.14% |
1,559,518
+54,830
| +4% | +$1.95M |
|
105
MSC Industrial Direct
MSM
$6.78B
| $55.9M | 0.14% |
687,375
+2,995
| +0.4% | +$239K |
|
106
Mitsubishi UFJ Financial
MUFG
$254B
| $55.7M | 0.14% |
8,685,899
+26,507
| +0.3% | +$169K |
|
|
MDP
107
DELISTED
Meredith Corporation
MDP
| $55.2M | 0.14% |
1,160,005
+179,730
| +18% | +$8.34M |
|
108
Toro Company
TTC
$8.72B
| $54.7M | 0.13% |
2,014,604
-1,430
| -0.1% | -$36.3K |
|
109
Vishay Intertechnology
VSH
$5.18B
| $54.1M | 0.13% |
4,198,017
+4,270
| +0.1% | +$58.3K |
|
110
Prudential
PUK
$38.5B
| $53.8M | 0.13% |
1,486,409
+72,850
| +5% | +$2.54M |
|
|
CADE
111
DELISTED
Cadence Bank
CADE
| $53.2M | 0.13% |
+2,667,685
| New | +$52.4M |
|
|
ASNA
112
DELISTED
Ascena Retail Group, Inc.
ASNA
| $53M | 0.13% |
133,015
-496
| -0.4% | -$176K |
|
113
West Pharmaceutical
WST
$23.9B
| $52.5M | 0.13% |
1,275,398
-43,580
| -3% | -$1.66M |
|
114
Merck
MRK
$321B
| $52.4M | 0.13% |
1,152,538
-53,389
| -4% | -$2.44M |
|
|
TQNT
115
DELISTED
TRIQUINT SEMICONDUCTOR INC
TQNT
| $52.2M | 0.13% |
6,434,517
-5,195
| -0.1% | -$39.7K |
|
116
Dr. Reddy's Laboratories
RDY
$9.85B
| $50.3M | 0.12% |
6,659,900
+241,875
| +4% | +$1.76M |
|
|
CEO
117
DELISTED
CNOOC Limited
CEO
| $50.3M | 0.12% |
249,296
-59,948
| -19% | -$11.4M |
|
|
AEL
118
DELISTED
American Equity Investment Life Holding Company
AEL
| $49.1M | 0.12% |
+2,313,750
| New | +$44.2M |
|
119
AbbVie
ABBV
$455B
| $47.7M | 0.12% |
1,065,932
-81,185
| -7% | -$3.6M |
|
|
TKP
120
DELISTED
TECHNIP ADS (EA REPTG ONE ORD SHS)
TKP
| $47.4M | 0.12% |
1,615,503
+2,366
| +0.1% | +$69.5K |
|
121
Meritage Homes
MTH
$4.72B
| $46.9M | 0.12% |
+2,183,440
| New | +$46.9M |
|
122
Westamerica Bancorp
WABC
$1.38B
| $46.7M | 0.12% |
939,658
-9,490
| -1% | -$459K |
|
123
Prosperity Bancshares
PB
$8.97B
| $46.6M | 0.11% |
753,638
+163,670
| +28% | +$9.72M |
|
|
OVTI
124
DELISTED
OMNIVISION TECHNOLOGIES INC
OVTI
| $46.6M | 0.11% |
3,042,631
+15,565
| +0.5% | +$258K |
|
125
RLJ Lodging Trust
RLJ
$1.87B
| $45.8M | 0.11% |
+1,948,325
| New | +$46.1M |
|
Similar funds
Ken Fisher's Q3 2013 Portfolio in Review
As of Q3 2013, Ken Fisher held 585 positions worth $40.6B, up 5.4% from $38.5B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Ken Fisher's Q3 2013 filing shows 60 new, 219 increased, 193 reduced and 51 closed positions. Its largest new stake was Cadence Bank: 2,667,685 shares worth $53.2M. The largest sale was Philip Morris, an estimated $507M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, up from 16% a quarter earlier, followed by Technology and Healthcare.
- Ken Fisher's largest Q3 2013 buy was Cadence Bank: 2,667,685 shares worth $53.2M.
- Ken Fisher added most to Barclays ETN+ FI Enhanced Europe 50 ETN in Q3 2013, an estimated $518M increase.
- Ken Fisher's biggest Q3 2013 reduction was Philip Morris, cutting an estimated $507M.
- Ken Fisher fully exited SAKS INCORPORATED in Q3 2013, selling an estimated $75M.
- Ken Fisher's ten largest holdings make up 22% of its $40.6B portfolio in Q3 2013.
- Ken Fisher opened 60 new positions and closed 51 in Q3 2013.
- Ken Fisher's portfolio value rose 5.4% quarter-over-quarter to $40.6B.
Based on Fisher Asset Management's 13F filing for Q3 2013, filed 18 Oct 2013.