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 |
Caterpillar
CAT
|
+$675M |
| 2 |
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
|
+$559M |
| 3 |
PayPal
PYPL
|
+$417M |
| 4 |
Netflix
NFLX
|
+$408M |
| 5 |
Alibaba
BABA
|
+$328M |
Top Sells
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.01% |
| 2 | Financials | 13.51% |
| 3 | Healthcare | 10.94% |
| 4 | Consumer Discretionary | 8.78% |
| 5 | Energy | 6.2% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Capital One
COF
$128B
| $114M | 0.12% |
1,250,743
+272,758
| +28% | +$24.5M |
|
102
Teledyne Technologies
TDY
$30.4B
| $109M | 0.12% |
339,035
-10,673
| -3% | -$3.19M |
|
103
Ambev
ABEV
$48.1B
| $108M | 0.12% |
23,360,796
-1,959,531
| -8% | -$9.38M |
|
104
Yelp
YELP
$1.45B
| $107M | 0.12% |
3,072,946
-2,650
| -0.1% | -$91.6K |
|
105
Raymond James Financial
RJF
$33.8B
| $105M | 0.12% |
1,916,795
-122,202
| -6% | -$6.64M |
|
|
HRC
106
DELISTED
HILL-ROM HOLDINGS, INC.
HRC
| $105M | 0.12% |
1,001,330
-49,850
| -5% | -$5.26M |
|
107
Boeing
BA
$171B
| $105M | 0.12% |
276,622
+6,306
| +2% | +$2.25M |
|
108
Meritage Homes
MTH
$4.58B
| $105M | 0.11% |
2,976,934
-50,220
| -2% | -$1.57M |
|
|
SF
109
Stifel
SF
$12.6B
| $103M | 0.11% |
4,035,285
-53,539
| -1% | -$1.35M |
|
110
KB Home
KBH
$3.37B
| $103M | 0.11% |
3,018,320
-28,286
| -0.9% | -$792K |
|
111
Toro Company
TTC
$8.75B
| $102M | 0.11% |
1,391,195
-16,086
| -1% | -$1.15M |
|
112
Helen of Troy
HELE
$644M
| $98.4M | 0.11% |
624,195
-7,648
| -1% | -$1.14M |
|
113
Cleveland-Cliffs
CLF
$6.57B
| $98.3M | 0.11% |
13,612,245
+739,275
| +6% | +$6.66M |
|
114
NXP Semiconductors
NXPI
$57.8B
| $96.8M | 0.11% |
887,076
+25,139
| +3% | +$2.57M |
|
115
Vanguard Mortgage-Backed Securities ETF
VMBS
$15.4B
| $96.4M | 0.11% |
1,810,206
-7,122
| -0.4% | -$378K |
|
116
Pool Corp
POOL
$6.75B
| $96.1M | 0.11% |
476,440
-32,907
| -6% | -$6.34M |
|
117
iShares Global Tech ETF
IXN
$8.32B
| $95.2M | 0.1% |
3,086,958
+250,980
| +9% | +$7.63M |
|
118
Vanguard FTSE Developed Markets ETF
VEA
$229B
| $95M | 0.1% |
2,312,128
+210,933
| +10% | +$8.61M |
|
119
Boston Beer
SAM
$1.91B
| $94.2M | 0.1% |
258,633
-6,168
| -2% | -$2.42M |
|
|
HIT
120
DELISTED
HITACHI LTD ADR (10COM)NEW
HIT
| $92.5M | 0.1% |
1,242,653
+35,857
| +3% | +$2.67M |
|
121
iShares MSCI Japan ETF
EWJ
$21.9B
| $92.4M | 0.1% |
1,628,937
+129,509
| +9% | +$7.1M |
|
122
Littelfuse
LFUS
$11.2B
| $91.9M | 0.1% |
518,479
-7,217
| -1% | -$1.22M |
|
|
CLGX
123
DELISTED
Corelogic, Inc.
CLGX
| $87.8M | 0.1% |
1,897,174
-34,402
| -2% | -$1.58M |
|
|
INVX
124
Innovex International
INVX
$1.96B
| $87.4M | 0.1% |
1,740,885
-8,704
| -0.5% | -$425K |
|
125
Vishay Intertechnology
VSH
$5.25B
| $86.7M | 0.1% |
5,122,321
-57,758
| -1% | -$948K |
|
Similar funds
Ken Fisher's Q3 2019 Portfolio in Review
As of Q3 2019, Ken Fisher held 980 positions worth $91.1B, up 0.75% from $90.5B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Ken Fisher's Q3 2019 filing shows 78 new, 345 increased, 343 reduced and 77 closed positions. Its largest new stake was Global Payments: 199,149 shares worth $31.7M. The largest sale was Barclays ETN+ FI Enhanced Europe 50 ETN Series C, an estimated $881M.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 19% a quarter earlier, followed by Financials and Healthcare.
- Ken Fisher's largest Q3 2019 buy was Global Payments: 199,149 shares worth $31.7M.
- Ken Fisher added most to Caterpillar in Q3 2019, an estimated $675M increase.
- Ken Fisher's biggest Q3 2019 reduction was Barclays ETN+ FI Enhanced Europe 50 ETN Series C, cutting an estimated $881M.
- Ken Fisher fully exited Tableau Software, Inc. in Q3 2019, selling an estimated $53.8M.
- Ken Fisher's ten largest holdings make up 26% of its $91.1B portfolio in Q3 2019.
- Ken Fisher opened 78 new positions and closed 77 in Q3 2019.
- Ken Fisher's portfolio value rose 0.75% quarter-over-quarter to $91.1B.
Based on Fisher Asset Management's 13F filing for Q3 2019, filed 29 Oct 2019.