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 | |
|---|---|---|---|---|---|---|
|
INVX
126
Innovex International
INVX
$1.85B
| $84M | 0.09% |
1,749,589
-37,866
| -2% | -$1.65M |
|
127
Helen of Troy
HELE
$649M
| $82.5M | 0.09% |
631,843
+3,420
| +0.5% | +$448K |
|
128
iShares MSCI Japan ETF
EWJ
$22.1B
| $81.8M | 0.09% |
1,499,428
+531,450
| +55% | +$28.9M |
|
129
Lincoln Electric
LECO
$13.7B
| $81.2M | 0.09% |
986,765
-17,333
| -2% | -$1.44M |
|
130
Morgan Stanley
MS
$330B
| $81M | 0.09% |
1,847,954
-52,018
| -3% | -$2.32M |
|
|
CLGX
131
DELISTED
Corelogic, Inc.
CLGX
| $80.8M | 0.09% |
1,931,576
-49,874
| -3% | -$2.03M |
|
132
Vanguard FTSE Europe ETF
VGK
$30.8B
| $78.8M | 0.09% |
1,436,118
+104,809
| +8% | +$5.71M |
|
133
KB Home
KBH
$3.45B
| $78.4M | 0.09% |
3,046,606
-50,479
| -2% | -$1.3M |
|
134
Meritage Homes
MTH
$4.61B
| $77.7M | 0.09% |
3,027,154
-58,920
| -2% | -$1.49M |
|
135
Meta Platforms (Facebook)
META
$1.37T
| $77.5M | 0.09% |
401,303
-5,259
| -1% | -$961K |
|
136
Align Technology
ALGN
$12.4B
| $77M | 0.09% |
281,174
+27,888
| +11% | +$8.42M |
|
137
Integer Holdings
ITGR
$3.42B
| $76.9M | 0.09% |
916,802
-34,111
| -4% | -$2.55M |
|
|
GTLS
138
DELISTED
Chart Industries
GTLS
| $76.8M | 0.08% |
998,458
-10,439
| -1% | -$857K |
|
139
Qorvo
QRVO
$8.01B
| $75.8M | 0.08% |
1,137,530
+39,136
| +4% | +$2.72M |
|
140
Stratasys
SSYS
$697M
| $75.5M | 0.08% |
2,569,282
-59,696
| -2% | -$1.42M |
|
141
Bio-Rad Laboratories Class A
BIO
$8.74B
| $74.9M | 0.08% |
239,742
-5,773
| -2% | -$1.73M |
|
142
Lennar Class A
LEN
$20.2B
| $73.9M | 0.08% |
1,574,667
-34,924
| -2% | -$1.74M |
|
143
Helmerich & Payne
HP
$3.37B
| $73.4M | 0.08% |
1,449,468
+1,829
| +0.1% | +$101K |
|
144
Oceaneering
OII
$4.74B
| $73.3M | 0.08% |
3,594,899
+38,087
| +1% | +$674K |
|
145
Semtech
SMTC
$10.7B
| $73.1M | 0.08% |
1,522,303
+6,389
| +0.4% | +$310K |
|
146
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.59B
| $73.1M | 0.08% |
+670,719
| New | +$77.4M |
|
147
Devon Energy
DVN
$50.9B
| $71.1M | 0.08% |
2,492,550
+81,985
| +3% | +$2.44M |
|
148
PayPal
PYPL
$49.3B
| $71.1M | 0.08% |
620,769
+17,507
| +3% | +$1.94M |
|
149
First American
FAF
$7.71B
| $70.6M | 0.08% |
1,315,072
-24,368
| -2% | -$1.33M |
|
150
Halliburton
HAL
$26.4B
| $69.9M | 0.08% |
3,075,207
+112,382
| +4% | +$2.92M |
|
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.