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 | |
|---|---|---|---|---|---|---|
126
Lincoln Electric
LECO
$14.2B
| $85.8M | 0.09% |
988,422
+1,657
| +0.2% | +$139K |
|
127
Pegasystems
PEGA
$5.02B
| $85.1M | 0.09% |
2,502,420
-143,054
| -5% | -$5.17M |
|
128
Lennar Class A
LEN
$19.8B
| $84.7M | 0.09% |
1,567,284
-7,383
| -0.5% | -$360K |
|
129
East-West Bancorp
EWBC
$17.9B
| $84.7M | 0.09% |
1,911,379
-40,190
| -2% | -$1.77M |
|
130
Vanguard FTSE Europe ETF
VGK
$30.7B
| $84.5M | 0.09% |
1,576,026
+139,908
| +10% | +$7.48M |
|
131
Bio-Rad Laboratories Class A
BIO
$8.71B
| $83.6M | 0.09% |
251,204
+11,462
| +5% | +$3.74M |
|
132
Qorvo
QRVO
$7.99B
| $82.8M | 0.09% |
1,117,195
-20,335
| -2% | -$1.48M |
|
|
VRNT
133
DELISTED
Verint Systems
VRNT
| $80.6M | 0.09% |
3,697,428
-45,130
| -1% | -$1.2M |
|
134
Semtech
SMTC
$11B
| $78.4M | 0.09% |
1,613,017
+90,714
| +6% | +$4.31M |
|
135
First American
FAF
$7.66B
| $76.3M | 0.08% |
1,292,180
-22,892
| -2% | -$1.31M |
|
136
Morgan Stanley
MS
$331B
| $76.2M | 0.08% |
1,786,733
-61,221
| -3% | -$2.62M |
|
|
KSU
137
DELISTED
Kansas City Southern
KSU
| $75.8M | 0.08% |
569,893
+289,643
| +103% | +$36.1M |
|
138
MKS Inc
MKSI
$20.1B
| $74.7M | 0.08% |
809,451
+29,259
| +4% | +$2.42M |
|
139
Meta Platforms (Facebook)
META
$1.42T
| $73.7M | 0.08% |
413,915
+12,612
| +3% | +$2.4M |
|
|
NUVA
140
DELISTED
NuVasive, Inc.
NUVA
| $71.5M | 0.08% |
1,128,463
-10,661
| -0.9% | -$666K |
|
141
Synaptics
SYNA
$4.19B
| $71M | 0.08% |
1,776,512
+215,852
| +14% | +$7.29M |
|
142
Alcon
ALC
$33.6B
| $69.6M | 0.08% |
1,194,198
-165,766
| -12% | -$9.95M |
|
143
Integer Holdings
ITGR
$4.12B
| $69.3M | 0.08% |
917,743
+941
| +0.1% | +$74.5K |
|
|
MRO
144
DELISTED
Marathon Oil Corporation
MRO
| $67.6M | 0.07% |
5,512,360
+1,548,045
| +39% | +$20M |
|
145
Blackrock
BLK
$169B
| $66.7M | 0.07% |
149,772
+3,226
| +2% | +$1.44M |
|
146
Goldman Sachs
GS
$300B
| $65.1M | 0.07% |
314,373
+6,525
| +2% | +$1.36M |
|
147
Terex
TEX
$7.18B
| $65.1M | 0.07% |
2,506,796
+481,032
| +24% | +$13.2M |
|
148
Norfolk Southern
NSC
$75.4B
| $62.7M | 0.07% |
348,863
+342,418
| +5,313% | +$63M |
|
|
GTLS
149
DELISTED
Chart Industries
GTLS
| $62.4M | 0.07% |
999,976
+1,518
| +0.2% | +$103K |
|
|
WMGI
150
DELISTED
Wright Medical Group Inc
WMGI
| $61.9M | 0.07% |
2,999,776
+110,212
| +4% | +$2.62M |
|
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.