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 Global Energy ETF
IXC
|
+$385M |
| 2 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$360M |
| 3 |
iShares MSCI Europe Financials ETF
EUFN
|
+$250M |
| 4 |
Apple
AAPL
|
+$158M |
| 5 |
Amazon
AMZN
|
+$137M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TotalEnergies
TTE
|
+$170M |
| 2 |
TSMC
TSM
|
+$151M |
| 3 |
RDS.A
Royal Dutch Shell PLC ADS Class A
RDS.A
|
+$129M |
| 4 |
CLGX
Corelogic, Inc.
CLGX
|
+$99.1M |
| 5 |
ING
ING
|
+$95.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.41% |
| 2 | Consumer Discretionary | 13.75% |
| 3 | Financials | 11.06% |
| 4 | Healthcare | 10.73% |
| 5 | Communication Services | 6.43% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Meritage Homes
MTH
$4.71B
| $152M | 0.13% |
2,748,210
-68,526
| -2% | -$3.28M |
|
|
STMP
102
DELISTED
Stamps.com, Inc.
STMP
| $147M | 0.13% |
609,292
-76,094
| -11% | -$18.2M |
|
103
NXP Semiconductors
NXPI
$59B
| $141M | 0.12% |
1,130,836
-88,809
| -7% | -$10.8M |
|
104
BP
BP
$108B
| $135M | 0.12% |
7,749,678
-2,225,371
| -22% | -$48.2M |
|
105
ScottsMiracle-Gro
SMG
$3.66B
| $129M | 0.11% |
843,800
-37,223
| -4% | -$5.75M |
|
106
ServiceNow
NOW
$120B
| $125M | 0.11% |
1,290,005
+27,755
| +2% | +$2.48M |
|
107
Autodesk
ADSK
$50.6B
| $125M | 0.11% |
539,080
+4,651
| +0.9% | +$1.11M |
|
108
Capital One
COF
$135B
| $124M | 0.11% |
1,731,572
+620,416
| +56% | +$41.5M |
|
|
AZPN
109
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $123M | 0.11% |
970,998
-27,736
| -3% | -$3.51M |
|
110
Invesco S&P 500 Top 50 ETF
XLG
$11B
| $123M | 0.11% |
4,683,900
+158,140
| +3% | +$4.09M |
|
111
Align Technology
ALGN
$12.3B
| $122M | 0.11% |
372,122
-3,748
| -1% | -$1.14M |
|
112
Global Payments
GPN
$23.5B
| $122M | 0.11% |
684,780
+650,183
| +1,879% | +$113M |
|
113
Norfolk Southern
NSC
$77B
| $120M | 0.11% |
561,771
+10,972
| +2% | +$2.2M |
|
|
HES
114
DELISTED
Hess
HES
| $120M | 0.1% |
2,929,458
+178,621
| +6% | +$8.49M |
|
115
McDonald's
MCD
$195B
| $120M | 0.1% |
545,509
+536,880
| +6,222% | +$110M |
|
116
Applied Materials
AMAT
$420B
| $118M | 0.1% |
1,991,830
+59,810
| +3% | +$3.69M |
|
117
iShares Broad USD High Yield Corporate Bond ETF
USHY
$28.6B
| $116M | 0.1% |
2,931,284
+2,104,048
| +254% | +$83.1M |
|
118
Vanguard FTSE Developed Markets ETF
VEA
$234B
| $114M | 0.1% |
2,788,702
+104,343
| +4% | +$4.28M |
|
119
Cleveland-Cliffs
CLF
$7.09B
| $112M | 0.1% |
17,378,287
+4,561,536
| +36% | +$27.4M |
|
120
ASE Group
ASX
$82.2B
| $110M | 0.1% |
26,944,518
-1,526,427
| -5% | -$6.81M |
|
121
Vanguard FTSE Europe ETF
VGK
$31.1B
| $110M | 0.1% |
2,089,560
+15,595
| +0.8% | +$833K |
|
122
Boston Beer
SAM
$1.89B
| $109M | 0.1% |
123,343
-24,841
| -17% | -$19.6M |
|
123
Carrier Global
CARR
$53.5B
| $108M | 0.09% |
3,540,372
-704,065
| -17% | -$19.9M |
|
124
Boston Scientific
BSX
$71.8B
| $107M | 0.09% |
2,795,980
+84,556
| +3% | +$3.26M |
|
125
KB Home
KBH
$3.5B
| $104M | 0.09% |
2,720,324
-44,790
| -2% | -$1.57M |
|
Similar funds
Ken Fisher's Q3 2020 Portfolio in Review
As of Q3 2020, Ken Fisher held 1,002 positions worth $114B, up 12% from $102B the previous quarter. Its ten largest holdings account for 34% of the portfolio.
Ken Fisher's Q3 2020 filing shows 100 new, 334 increased, 405 reduced and 62 closed positions. Its largest new stake was Sally Beauty Holdings: 2,219,976 shares worth $19.3M. The largest sale was TotalEnergies, an estimated $170M.
By sector, the portfolio is most concentrated in Technology at 26% of assets, up from 25% a quarter earlier, followed by Consumer Discretionary and Financials.
- Ken Fisher's largest Q3 2020 buy was Sally Beauty Holdings: 2,219,976 shares worth $19.3M.
- Ken Fisher added most to iShares Global Energy ETF in Q3 2020, an estimated $385M increase.
- Ken Fisher's biggest Q3 2020 reduction was TotalEnergies, cutting an estimated $170M.
- Ken Fisher fully exited Corelogic, Inc. in Q3 2020, selling an estimated $99.1M.
- Ken Fisher's ten largest holdings make up 34% of its $114B portfolio in Q3 2020.
- Ken Fisher opened 100 new positions and closed 62 in Q3 2020.
- Ken Fisher's portfolio value rose 12% quarter-over-quarter to $114B.
Based on Fisher Asset Management's 13F filing for Q3 2020, filed 10 Nov 2020.