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 MSCI Europe Financials ETF
EUFN
|
+$427M |
| 2 |
iShares Global Energy ETF
IXC
|
+$357M |
| 3 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$322M |
| 4 |
iShares MSCI Spain ETF
EWP
|
+$194M |
| 5 |
FRLG
Large Cap Growth Index-Linked Exchange Traded Notes due 2028
FRLG
|
+$193M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TotalEnergies
TTE
|
+$208M |
| 2 |
ING
ING
|
+$123M |
| 3 |
Banco Bilbao Vizcaya Argentaria
BBVA
|
+$90.3M |
| 4 |
Banco Santander
SAN
|
+$82.1M |
| 5 |
Freeport-McMoran
FCX
|
+$57.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.57% |
| 2 | Financials | 12.78% |
| 3 | Healthcare | 11.18% |
| 4 | Consumer Discretionary | 8.38% |
| 5 | Energy | 6.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Raymond James Financial
RJF
$33.6B
| $115M | 0.13% |
2,038,997
+8,417
| +0.4% | +$480K |
|
102
West Pharmaceutical
WST
$23.9B
| $113M | 0.13% |
905,218
-1,523
| -0.2% | -$180K |
|
|
HRC
103
DELISTED
HILL-ROM HOLDINGS, INC.
HRC
| $110M | 0.12% |
1,051,180
-17,609
| -2% | -$1.78M |
|
|
SF
104
Stifel
SF
$12.5B
| $107M | 0.12% |
4,088,824
-74,862
| -2% | -$1.91M |
|
105
NVIDIA
NVDA
$4.72T
| $107M | 0.12% |
26,127,080
+5,151,680
| +25% | +$21.4M |
|
106
Yelp
YELP
$1.44B
| $105M | 0.12% |
3,075,596
+68,669
| +2% | +$2.38M |
|
|
VRNT
107
DELISTED
Verint Systems
VRNT
| $103M | 0.11% |
3,742,558
-71,767
| -2% | -$2.16M |
|
108
Boston Beer
SAM
$1.93B
| $100M | 0.11% |
264,801
-802
| -0.3% | -$254K |
|
109
Boeing
BA
$175B
| $98.4M | 0.11% |
270,316
-7,327
| -3% | -$2.67M |
|
110
Pool Corp
POOL
$6.95B
| $97.3M | 0.11% |
509,347
+9,857
| +2% | +$1.78M |
|
111
Vanguard Mortgage-Backed Securities ETF
VMBS
$15.5B
| $96M | 0.11% |
1,817,328
-13,571
| -0.7% | -$710K |
|
112
Teledyne Technologies
TDY
$30.1B
| $95.8M | 0.11% |
349,708
-10,059
| -3% | -$2.51M |
|
113
Pegasystems
PEGA
$4.94B
| $94.2M | 0.1% |
2,645,474
+36,746
| +1% | +$1.31M |
|
114
Toro Company
TTC
$8.72B
| $94.1M | 0.1% |
1,407,281
-27,900
| -2% | -$1.96M |
|
115
Littelfuse
LFUS
$11.2B
| $93M | 0.1% |
525,696
-2,363
| -0.4% | -$429K |
|
116
State Street SPDR S&P Metals & Mining ETF
XME
$3.92B
| $92.9M | 0.1% |
+3,272,430
| New | +$91.1M |
|
117
East-West Bancorp
EWBC
$17.9B
| $91.3M | 0.1% |
1,951,569
-63,115
| -3% | -$3.02M |
|
118
Capital One
COF
$129B
| $88.7M | 0.1% |
977,985
-6,186
| -0.6% | -$553K |
|
|
HIT
119
DELISTED
HITACHI LTD ADR (10COM)NEW
HIT
| $88.5M | 0.1% |
1,206,796
+79,400
| +7% | +$5.82M |
|
120
Vanguard FTSE Developed Markets ETF
VEA
$230B
| $87.6M | 0.1% |
2,101,195
+237,555
| +13% | +$9.79M |
|
|
WMGI
121
DELISTED
Wright Medical Group Inc
WMGI
| $86.2M | 0.1% |
2,889,564
+67,590
| +2% | +$2.06M |
|
122
Vishay Intertechnology
VSH
$5.18B
| $85.6M | 0.09% |
5,180,079
-141,061
| -3% | -$2.49M |
|
123
iShares Global Tech ETF
IXN
$8.34B
| $84.9M | 0.09% |
2,835,978
+259,410
| +10% | +$7.58M |
|
124
Alcon
ALC
$33.9B
| $84.4M | 0.09% |
+1,359,964
| New | +$79.8M |
|
125
NXP Semiconductors
NXPI
$61.8B
| $84.1M | 0.09% |
861,937
+38,705
| +5% | +$3.75M |
|
Similar funds
Ken Fisher's Q2 2019 Portfolio in Review
As of Q2 2019, Ken Fisher held 967 positions worth $90.5B, up 6% from $85.3B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Ken Fisher's Q2 2019 filing shows 105 new, 388 increased, 294 reduced and 65 closed positions. Its largest new stake was State Street SPDR S&P Metals & Mining ETF: 3,272,430 shares worth $92.9M. The largest sale was TotalEnergies, an estimated $208M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 18% a quarter earlier, followed by Financials and Healthcare.
- Ken Fisher's largest Q2 2019 buy was State Street SPDR S&P Metals & Mining ETF: 3,272,430 shares worth $92.9M.
- Ken Fisher added most to iShares MSCI Europe Financials ETF in Q2 2019, an estimated $427M increase.
- Ken Fisher's biggest Q2 2019 reduction was TotalEnergies, cutting an estimated $208M.
- Ken Fisher fully exited Rowan Companies Plc in Q2 2019, selling an estimated $10.6M.
- Ken Fisher's ten largest holdings make up 27% of its $90.5B portfolio in Q2 2019.
- Ken Fisher opened 105 new positions and closed 65 in Q2 2019.
- Ken Fisher's portfolio value rose 6% quarter-over-quarter to $90.5B.
Based on Fisher Asset Management's 13F filing for Q2 2019, filed 30 Jul 2019.