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 |
TotalEnergies
TTE
|
+$988M |
| 2 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$354M |
| 3 |
BP
BP
|
+$285M |
| 4 |
Freeport-McMoran
FCX
|
+$269M |
| 5 |
Rio Tinto
RIO
|
+$263M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Berkshire Hathaway Class B
BRK.B
|
+$612M |
| 2 |
BAY
BAYER AG SPONS ADR
BAY
|
+$441M |
| 3 |
Johnson & Johnson
JNJ
|
+$247M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$189M |
| 5 |
Vodafone
VOD
|
+$164M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.26% |
| 2 | Financials | 13.72% |
| 3 | Healthcare | 11.39% |
| 4 | Consumer Discretionary | 8.65% |
| 5 | Energy | 5.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Littelfuse
LFUS
$11.2B
| $106M | 0.13% |
535,731
+2,128
| +0.4% | +$468K |
|
|
VRNT
102
DELISTED
Verint Systems
VRNT
| $104M | 0.13% |
4,072,371
-39,417
| -1% | -$958K |
|
|
CLGX
103
DELISTED
Corelogic, Inc.
CLGX
| $104M | 0.13% |
2,103,329
-26,816
| -1% | -$1.37M |
|
|
SF
104
Stifel
SF
$12.6B
| $100M | 0.12% |
4,402,631
+21,337
| +0.5% | +$514K |
|
105
Helen of Troy
HELE
$644M
| $99.4M | 0.12% |
759,288
-9,084
| -1% | -$1.07M |
|
106
Pool Corp
POOL
$6.75B
| $99.2M | 0.12% |
594,197
-19,395
| -3% | -$3.14M |
|
107
Boeing
BA
$171B
| $99.1M | 0.12% |
266,346
+24,461
| +10% | +$8.59M |
|
108
Integer Holdings
ITGR
$4.12B
| $98.9M | 0.12% |
1,192,856
+538
| +0% | +$40.3K |
|
109
Lincoln Electric
LECO
$14.2B
| $98.9M | 0.12% |
1,058,011
-20,855
| -2% | -$1.93M |
|
110
Vishay Intertechnology
VSH
$5.25B
| $97.8M | 0.12% |
4,805,637
-51,265
| -1% | -$1.21M |
|
111
Vanguard Industrials ETF
VIS
$8.1B
| $97.6M | 0.12% |
660,555
+655,204
| +12,245% | +$94.4M |
|
112
Capital One
COF
$128B
| $94.9M | 0.12% |
999,212
-13,912
| -1% | -$1.35M |
|
113
Toro Company
TTC
$8.75B
| $94.5M | 0.11% |
1,576,628
-43,201
| -3% | -$2.63M |
|
114
Invesco QQQ Trust
QQQ
$453B
| $93.2M | 0.11% |
501,419
+33,771
| +7% | +$6.11M |
|
115
Pegasystems
PEGA
$5.02B
| $91.3M | 0.11% |
2,917,990
-38,772
| -1% | -$1.17M |
|
116
Xtrackers USD High Yield Corporate Bond ETF
HYLB
$3.52B
| $90.2M | 0.11% |
2,260,363
+1,073,153
| +90% | +$42.5M |
|
117
Morgan Stanley
MS
$331B
| $89.7M | 0.11% |
1,927,031
-86,366
| -4% | -$4.22M |
|
|
NUVA
118
DELISTED
NuVasive, Inc.
NUVA
| $89.2M | 0.11% |
1,257,279
-9,845
| -0.8% | -$626K |
|
119
Boston Beer
SAM
$1.91B
| $89.1M | 0.11% |
309,856
-2,433
| -0.8% | -$731K |
|
120
Teledyne Technologies
TDY
$30.4B
| $89M | 0.11% |
360,796
+20,948
| +6% | +$4.78M |
|
|
INVX
121
Innovex International
INVX
$1.96B
| $88M | 0.11% |
1,684,741
+599,214
| +55% | +$31.2M |
|
122
Terex
TEX
$7.18B
| $87.6M | 0.11% |
2,196,079
+1,863,038
| +559% | +$75.8M |
|
123
Vanguard Mortgage-Backed Securities ETF
VMBS
$15.4B
| $85.3M | 0.1% |
1,671,587
+1,601,407
| +2,282% | +$82.1M |
|
124
Oceaneering
OII
$4.86B
| $84.1M | 0.1% |
3,046,161
+1,484,094
| +95% | +$39.5M |
|
125
Core Laboratories
CLB
$488M
| $83.6M | 0.1% |
721,408
+270,723
| +60% | +$30.5M |
|
Similar funds
Ken Fisher's Q3 2018 Portfolio in Review
As of Q3 2018, Ken Fisher held 943 positions worth $82.4B, up 6.9% from $77B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Ken Fisher's Q3 2018 filing shows 81 new, 327 increased, 378 reduced and 73 closed positions. Its largest new stake was Adobe: 408,693 shares worth $110M. The largest sale was Berkshire Hathaway Class B, an estimated $612M.
By sector, the portfolio is most concentrated in Technology at 16% of assets, up from 15% a quarter earlier, followed by Financials and Healthcare.
- Ken Fisher's largest Q3 2018 buy was Adobe: 408,693 shares worth $110M.
- Ken Fisher added most to TotalEnergies in Q3 2018, an estimated $988M increase.
- Ken Fisher's biggest Q3 2018 reduction was Berkshire Hathaway Class B, cutting an estimated $612M.
- Ken Fisher fully exited Cavium, Inc. in Q3 2018, selling an estimated $56.9M.
- Ken Fisher's ten largest holdings make up 27% of its $82.4B portfolio in Q3 2018.
- Ken Fisher opened 81 new positions and closed 73 in Q3 2018.
- Ken Fisher's portfolio value rose 6.9% quarter-over-quarter to $82.4B.
Based on Fisher Asset Management's 13F filing for Q3 2018, filed 24 Oct 2018.