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 |
Alibaba
BABA
|
+$594M |
| 2 |
ING
ING
|
+$545M |
| 3 |
Banco Santander
SAN
|
+$503M |
| 4 |
Sumitomo Mitsui Financial
SMFG
|
+$364M |
| 5 |
Vodafone
VOD
|
+$314M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Wells Fargo
WFC
|
+$939M |
| 2 |
JPMorgan Chase
JPM
|
+$598M |
| 3 |
RTX Corp
RTX
|
+$579M |
| 4 |
Home Depot
HD
|
+$510M |
| 5 |
Qualcomm
QCOM
|
+$500M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.55% |
| 2 | Technology | 13.55% |
| 3 | Healthcare | 13.21% |
| 4 | Consumer Discretionary | 8.47% |
| 5 | Communication Services | 6.27% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CLGX
101
DELISTED
Corelogic, Inc.
CLGX
| $95.7M | 0.14% |
2,207,100
-51,552
| -2% | -$2.18M |
|
102
Webster Financial
WBS
$12.5B
| $95.1M | 0.14% |
1,821,435
-579,648
| -24% | -$29.3M |
|
103
Littelfuse
LFUS
$11.2B
| $95M | 0.14% |
575,531
-11,930
| -2% | -$1.92M |
|
104
Wintrust Financial
WTFC
$10.8B
| $94.2M | 0.14% |
1,232,677
-32,560
| -3% | -$2.33M |
|
|
SF
105
Stifel
SF
$12.5B
| $94.2M | 0.14% |
4,609,523
-103,651
| -2% | -$2.13M |
|
106
Pegasystems
PEGA
$4.94B
| $93.7M | 0.14% |
3,210,092
-63,280
| -2% | -$1.67M |
|
|
VRNT
107
DELISTED
Verint Systems
VRNT
| $86.6M | 0.13% |
4,175,381
+118,319
| +3% | +$2.44M |
|
108
Petrobras
PBR
$123B
| $86.1M | 0.13% |
10,779,106
-17,746
| -0.2% | -$158K |
|
109
Ingredion
INGR
$6.33B
| $84.8M | 0.13% |
711,717
-18,926
| -3% | -$2.25M |
|
110
HEICO Corp
HEI
$49.5B
| $84.1M | 0.13% |
2,286,059
-81,790
| -3% | -$3.01M |
|
111
KB Home
KBH
$3.45B
| $83.6M | 0.13% |
3,487,246
-76,625
| -2% | -$1.62M |
|
|
DST
112
DELISTED
DST Systems Inc.
DST
| $83.2M | 0.13% |
1,347,820
-26,938
| -2% | -$1.64M |
|
|
BECN
113
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $82M | 0.12% |
1,673,450
-34,415
| -2% | -$1.69M |
|
114
Pool Corp
POOL
$6.95B
| $80.2M | 0.12% |
682,073
-22,408
| -3% | -$2.69M |
|
115
Vishay Intertechnology
VSH
$5.18B
| $80M | 0.12% |
4,820,957
-97,450
| -2% | -$1.6M |
|
116
Cemex
CX
$17.2B
| $79M | 0.12% |
8,385,379
-1,485
| -0% | -$13.1K |
|
|
KSU
117
DELISTED
Kansas City Southern
KSU
| $79M | 0.12% |
754,495
+56,317
| +8% | +$5.28M |
|
|
CAA
118
DELISTED
CalAtlantic Group, Inc.
CAA
| $78.2M | 0.12% |
2,213,126
+5,010
| +0.2% | +$182K |
|
119
Prestige Consumer Healthcare
PBH
$2.37B
| $78M | 0.12% |
1,477,535
-22,423
| -1% | -$1.2M |
|
120
Smith & Nephew
SNN
$13.6B
| $77.8M | 0.12% |
2,232,591
-22,707
| -1% | -$769K |
|
121
Henry Schein
HSIC
$9.7B
| $77.5M | 0.12% |
1,079,846
-32,691
| -3% | -$2.28M |
|
122
Helen of Troy
HELE
$649M
| $75.3M | 0.11% |
800,459
-19,190
| -2% | -$1.79M |
|
123
Yelp
YELP
$1.44B
| $73.8M | 0.11% |
2,459,293
+2,134,942
| +658% | +$66.6M |
|
124
Meritage Homes
MTH
$4.72B
| $72.6M | 0.11% |
3,439,894
+24,750
| +0.7% | +$491K |
|
|
DFT
125
DELISTED
DuPont Fabros Technology Inc.
DFT
| $72.5M | 0.11% |
1,184,808
-43,065
| -4% | -$2.37M |
|
Similar funds
Ken Fisher's Q2 2017 Portfolio in Review
As of Q2 2017, Ken Fisher held 877 positions worth $66.3B, up 6.2% from $62.4B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Fisher's Q2 2017 filing shows 104 new, 361 increased, 246 reduced and 75 closed positions. Its largest new stake was Sumitomo Mitsui Financial: 48,974,918 shares worth $385M. The largest sale was Wells Fargo, an estimated $939M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, down from 19% a quarter earlier, followed by Technology and Healthcare.
- Ken Fisher's largest Q2 2017 buy was Sumitomo Mitsui Financial: 48,974,918 shares worth $385M.
- Ken Fisher added most to Alibaba in Q2 2017, an estimated $594M increase.
- Ken Fisher's biggest Q2 2017 reduction was Wells Fargo, cutting an estimated $939M.
- Ken Fisher fully exited Janus Capital Group Inc in Q2 2017, selling an estimated $54.1M.
- Ken Fisher's ten largest holdings make up 23% of its $66.3B portfolio in Q2 2017.
- Ken Fisher opened 104 new positions and closed 75 in Q2 2017.
- Ken Fisher's portfolio value rose 6.2% quarter-over-quarter to $66.3B.
Based on Fisher Asset Management's 13F filing for Q2 2017, filed 13 Jul 2017.