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 |
FIYY
Barclays ETN+ FI Enhanced Global High Yield ETN Series B
FIYY
|
+$1.49B |
| 2 |
FFEU
Barclays ETN+ FI Enhanced Europe 50 ETN Series C
FFEU
|
+$423M |
| 3 |
SLB Ltd
SLB
|
+$408M |
| 4 |
RDS.A
Royal Dutch Shell PLC ADS Class A
RDS.A
|
+$340M |
| 5 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$180M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FIGY
Barclays ETN+ FI Enhanced Global High Yield ETN
FIGY
|
+$1.59B |
| 2 |
FEEU
Barclays ETN+ FI Enhanced Europe 50 ETN
FEEU
|
+$464M |
| 3 |
Citigroup
C
|
+$340M |
| 4 |
American Express
AXP
|
+$206M |
| 5 |
CAA
CalAtlantic Group, Inc.
CAA
|
+$123M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16.58% |
| 2 | Technology | 14.9% |
| 3 | Healthcare | 12.05% |
| 4 | Consumer Discretionary | 9.38% |
| 5 | Consumer Staples | 5.59% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Capital One
COF
$128B
| $98.8M | 0.13% |
1,030,956
-319,509
| -24% | -$31.8M |
|
|
CLGX
102
DELISTED
Corelogic, Inc.
CLGX
| $97.3M | 0.13% |
2,151,308
-31,995
| -1% | -$1.47M |
|
103
Lincoln Electric
LECO
$14.2B
| $96.8M | 0.13% |
1,076,086
+2,191
| +0.2% | +$204K |
|
104
KB Home
KBH
$3.37B
| $95.6M | 0.13% |
3,359,280
-23,081
| -0.7% | -$718K |
|
|
BECN
105
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $94.6M | 0.13% |
1,782,297
+79,554
| +5% | +$4.57M |
|
106
Pegasystems
PEGA
$5.02B
| $91.6M | 0.12% |
3,021,992
-137,114
| -4% | -$3.7M |
|
|
TTM
107
DELISTED
Tata Motors Limited
TTM
| $90.9M | 0.12% |
3,536,614
-2,084,622
| -37% | -$61.3M |
|
|
VRNT
108
DELISTED
Verint Systems
VRNT
| $90.4M | 0.12% |
4,163,949
-43,639
| -1% | -$898K |
|
109
Pool Corp
POOL
$6.75B
| $90.2M | 0.12% |
616,991
-42,900
| -7% | -$5.91M |
|
110
Vishay Intertechnology
VSH
$5.25B
| $90.1M | 0.12% |
4,846,411
-113,510
| -2% | -$2.27M |
|
111
Ingredion
INGR
$6.27B
| $89.9M | 0.12% |
697,295
-3,212
| -0.5% | -$430K |
|
112
First American
FAF
$7.66B
| $88.4M | 0.12% |
1,506,774
-47,703
| -3% | -$2.8M |
|
113
West Pharmaceutical
WST
$24B
| $86.9M | 0.12% |
984,251
-63,384
| -6% | -$5.93M |
|
114
Smith & Nephew
SNN
$13.3B
| $79.7M | 0.11% |
2,088,062
-40,205
| -2% | -$1.45M |
|
|
UMPQ
115
DELISTED
Umpqua Holdings Corp
UMPQ
| $79.6M | 0.11% |
3,718,037
-123,827
| -3% | -$2.7M |
|
116
Boeing
BA
$171B
| $78.1M | 0.1% |
238,149
-9,173
| -4% | -$3.1M |
|
117
NETSCOUT
NTCT
$2.96B
| $77.7M | 0.1% |
2,948,361
-99,832
| -3% | -$2.71M |
|
118
Lazard
LAZ
$4.13B
| $77.6M | 0.1% |
1,477,049
-25,580
| -2% | -$1.42M |
|
119
Wintrust Financial
WTFC
$10.8B
| $77.6M | 0.1% |
901,479
-301,859
| -25% | -$26M |
|
120
Goldman Sachs
GS
$300B
| $75.8M | 0.1% |
301,005
-358,022
| -54% | -$93.2M |
|
121
Meritage Homes
MTH
$4.58B
| $75M | 0.1% |
3,316,092
-73,868
| -2% | -$1.76M |
|
|
SEM
122
DELISTED
Select Medical
SEM
| $73.8M | 0.1% |
7,941,200
-376,442
| -5% | -$3.58M |
|
123
AbbVie
ABBV
$443B
| $73.4M | 0.1% |
775,792
+163,142
| +27% | +$17.9M |
|
|
KSU
124
DELISTED
Kansas City Southern
KSU
| $72.3M | 0.1% |
657,991
-36,792
| -5% | -$3.99M |
|
|
MGLN
125
DELISTED
Magellan Health Services, Inc.
MGLN
| $72M | 0.1% |
672,202
-40,429
| -6% | -$4.06M |
|
Similar funds
Ken Fisher's Q1 2018 Portfolio in Review
As of Q1 2018, Ken Fisher held 991 positions worth $75.4B, down 1.5% from $76.6B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Ken Fisher's Q1 2018 filing shows 69 new, 261 increased, 401 reduced and 162 closed positions. Its largest new stake was Barclays ETN+ FI Enhanced Global High Yield ETN Series B: 15,406,823 shares worth $1.49B. The largest sale was Barclays ETN+ FI Enhanced Global High Yield ETN, an estimated $1.59B.
By sector, the portfolio is most concentrated in Financials at 17% of assets, down from 17% a quarter earlier, followed by Technology and Healthcare.
- Ken Fisher's largest Q1 2018 buy was Barclays ETN+ FI Enhanced Global High Yield ETN Series B: 15,406,823 shares worth $1.49B.
- Ken Fisher added most to SLB Ltd in Q1 2018, an estimated $408M increase.
- Ken Fisher's biggest Q1 2018 reduction was Barclays ETN+ FI Enhanced Global High Yield ETN, cutting an estimated $1.59B.
- Ken Fisher fully exited CalAtlantic Group, Inc. in Q1 2018, selling an estimated $123M.
- Ken Fisher's ten largest holdings make up 26% of its $75.4B portfolio in Q1 2018.
- Ken Fisher opened 69 new positions and closed 162 in Q1 2018.
- Ken Fisher's portfolio value fell 1.5% quarter-over-quarter to $75.4B.
Based on Fisher Asset Management's 13F filing for Q1 2018, filed 19 Apr 2018.