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 | |
|---|---|---|---|---|---|---|
126
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$7.07B
| $71M | 0.09% |
659,719
+22,670
| +4% | +$2.47M |
|
127
MKS Inc
MKSI
$20.1B
| $70.5M | 0.09% |
609,281
-33,510
| -5% | -$3.68M |
|
128
Webster Financial
WBS
$12.5B
| $70.4M | 0.09% |
1,271,207
-507,066
| -29% | -$28.7M |
|
|
PACW
129
DELISTED
PacWest Bancorp
PACW
| $70.4M | 0.09% |
1,421,022
-32,606
| -2% | -$1.7M |
|
130
Invesco QQQ Trust
QQQ
$453B
| $69.9M | 0.09% |
436,212
+32,998
| +8% | +$5.45M |
|
|
HIT
131
DELISTED
HITACHI LTD ADR (10COM)NEW
HIT
| $69.8M | 0.09% |
973,005
+47,075
| +5% | +$3.38M |
|
|
CAVM
132
DELISTED
Cavium, Inc.
CAVM
| $69.7M | 0.09% |
877,769
-25,987
| -3% | -$2.27M |
|
133
Qorvo
QRVO
$7.99B
| $68.3M | 0.09% |
968,992
-48,615
| -5% | -$3.66M |
|
134
Integer Holdings
ITGR
$4.12B
| $68.1M | 0.09% |
1,204,422
-14,642
| -1% | -$737K |
|
135
Blackrock
BLK
$169B
| $67.5M | 0.09% |
124,674
+20,678
| +20% | +$11.4M |
|
136
Helen of Troy
HELE
$644M
| $67M | 0.09% |
769,982
-12,802
| -2% | -$1.16M |
|
|
NUVA
137
DELISTED
NuVasive, Inc.
NUVA
| $66.7M | 0.09% |
1,276,828
-15,081
| -1% | -$765K |
|
138
Bio-Rad Laboratories Class A
BIO
$8.71B
| $66.3M | 0.09% |
265,072
-10,105
| -4% | -$2.57M |
|
|
LSI
139
DELISTED
Life Storage, Inc.
LSI
| $66M | 0.09% |
1,185,539
-29,665
| -2% | -$1.62M |
|
|
INFN
140
DELISTED
Infinera Corporation Common Stock
INFN
| $64.4M | 0.09% |
5,929,276
-110,138
| -2% | -$976K |
|
|
MDRX
141
DELISTED
Veradigm Inc. Common Stock
MDRX
| $64.1M | 0.09% |
5,192,457
+2,806,220
| +118% | +$39.9M |
|
|
AAWW
142
DELISTED
Atlas Air Worldwide Holdings, Inc.
AAWW
| $64M | 0.08% |
1,059,559
-26,724
| -2% | -$1.58M |
|
143
Teledyne Technologies
TDY
$30.4B
| $63.2M | 0.08% |
337,592
-11,257
| -3% | -$2.13M |
|
|
PAY
144
DELISTED
Verifone Systems Inc
PAY
| $62.5M | 0.08% |
4,061,818
-113,797
| -3% | -$1.99M |
|
145
iShares MSCI Europe Financials ETF
EUFN
$4.14B
| $60.6M | 0.08% |
2,621,697
-225,501
| -8% | -$5.46M |
|
146
HUB Group
HUBG
$2.85B
| $60.3M | 0.08% |
2,883,280
-92,244
| -3% | -$2.15M |
|
147
Stratasys
SSYS
$679M
| $60.2M | 0.08% |
2,984,721
-80,527
| -3% | -$1.72M |
|
148
Salesforce
CRM
$151B
| $60.2M | 0.08% |
517,668
+111,906
| +28% | +$12.9M |
|
|
FNSR
149
DELISTED
Finisar Corp
FNSR
| $59.4M | 0.08% |
3,756,500
-84,682
| -2% | -$1.6M |
|
150
Boston Beer
SAM
$1.91B
| $59.4M | 0.08% |
313,997
-17,661
| -5% | -$3.25M |
|
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.