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 |
FEEU
Barclays ETN+ FI Enhanced Europe 50 ETN
FEEU
|
+$518M |
| 2 |
Citigroup
C
|
+$271M |
| 3 |
Bank of America
BAC
|
+$254M |
| 4 |
RTX Corp
RTX
|
+$233M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
+$211M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Philip Morris
PM
|
+$507M |
| 2 |
British American Tobacco
BTI
|
+$298M |
| 3 |
Vodafone
VOD
|
+$272M |
| 4 |
ABV
COMPANHIA BEBIDA ADS EACH REPSTG 1 PFD SH
ABV
|
+$267M |
| 5 |
BHP
BHP
|
+$226M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.1% |
| 2 | Technology | 14.63% |
| 3 | Healthcare | 12.33% |
| 4 | Consumer Discretionary | 7.86% |
| 5 | Industrials | 6.1% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
151
Televisa
TV
$1.52B
| $35.9M | 0.09% |
1,284,250
+72,750
| +6% | +$1.95M |
|
152
Ecopetrol
EC
$35B
| $35.8M | 0.09% |
778,729
+38,200
| +5% | +$1.73M |
|
|
ESRX
153
DELISTED
Express Scripts Holding Company
ESRX
| $35.4M | 0.09% |
572,193
-42,568
| -7% | -$2.75M |
|
154
Plexus
PLXS
$6.47B
| $33.8M | 0.08% |
908,481
-4,270
| -0.5% | -$145K |
|
155
Canadian National Railway
CNI
$76.9B
| $33.6M | 0.08% |
663,160
+190,038
| +40% | +$9.38M |
|
156
Idacorp
IDA
$7.86B
| $32.8M | 0.08% |
677,887
-4,500
| -0.7% | -$224K |
|
157
ASE Group
ASX
$76.3B
| $32M | 0.08% |
6,690,726
+216,250
| +3% | +$922K |
|
158
United Parcel Service
UPS
$89.5B
| $30.1M | 0.07% |
329,102
+320,943
| +3,934% | +$28.2M |
|
159
Pegasystems
PEGA
$4.94B
| $30M | 0.07% |
3,018,720
+100
| +0% | +$915 |
|
160
Acadia Realty Trust
AKR
$3.08B
| $29.9M | 0.07% |
1,213,201
-14,360
| -1% | -$358K |
|
161
Capitol Federal Financial
CFFN
$1.1B
| $29.8M | 0.07% |
2,393,476
-39,170
| -2% | -$491K |
|
162
United Natural Foods
UNFI
$3.01B
| $29.7M | 0.07% |
441,545
+2,950
| +0.7% | +$179K |
|
163
Polaris
PII
$3.88B
| $28.9M | 0.07% |
223,350
-2,525
| -1% | -$284K |
|
164
eBay
EBAY
$50.4B
| $27.2M | 0.07% |
1,159,013
-88,211
| -7% | -$1.98M |
|
165
Avista
AVA
$3.39B
| $26.1M | 0.06% |
989,830
-10,175
| -1% | -$279K |
|
|
TGI
166
DELISTED
Triumph Group
TGI
| $25.8M | 0.06% |
367,806
+7,925
| +2% | +$611K |
|
|
EDR
167
DELISTED
Education Realty Trust Inc
EDR
| $25.7M | 0.06% |
943,035
-168,832
| -15% | -$4.79M |
|
168
Boeing
BA
$175B
| $25.6M | 0.06% |
218,134
+196,171
| +893% | +$21.1M |
|
169
Ford
F
$59.3B
| $25.6M | 0.06% |
1,515,831
+1,495,992
| +7,541% | +$25.3M |
|
|
VRE
170
DELISTED
Veris Residential
VRE
| $24.9M | 0.06% |
1,133,760
-139,715
| -11% | -$3.18M |
|
171
Revvity
RVTY
$12.7B
| $24.8M | 0.06% |
656,810
+18,125
| +3% | +$651K |
|
172
Integra LifeSciences
IART
$1.33B
| $24.5M | 0.06% |
1,486,268
+2,691
| +0.2% | +$43.2K |
|
173
Extra Space Storage
EXR
$31.3B
| $23.2M | 0.06% |
506,622
-10,650
| -2% | -$461K |
|
174
MKS Inc
MKSI
$19.8B
| $20.6M | 0.05% |
775,999
+145,000
| +23% | +$3.87M |
|
175
Teradyne
TER
$57.2B
| $19.7M | 0.05% |
1,189,580
+222,309
| +23% | +$3.69M |
|
Similar funds
Ken Fisher's Q3 2013 Portfolio in Review
As of Q3 2013, Ken Fisher held 585 positions worth $40.6B, up 5.4% from $38.5B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Ken Fisher's Q3 2013 filing shows 60 new, 219 increased, 193 reduced and 51 closed positions. Its largest new stake was Cadence Bank: 2,667,685 shares worth $53.2M. The largest sale was Philip Morris, an estimated $507M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, up from 16% a quarter earlier, followed by Technology and Healthcare.
- Ken Fisher's largest Q3 2013 buy was Cadence Bank: 2,667,685 shares worth $53.2M.
- Ken Fisher added most to Barclays ETN+ FI Enhanced Europe 50 ETN in Q3 2013, an estimated $518M increase.
- Ken Fisher's biggest Q3 2013 reduction was Philip Morris, cutting an estimated $507M.
- Ken Fisher fully exited SAKS INCORPORATED in Q3 2013, selling an estimated $75M.
- Ken Fisher's ten largest holdings make up 22% of its $40.6B portfolio in Q3 2013.
- Ken Fisher opened 60 new positions and closed 51 in Q3 2013.
- Ken Fisher's portfolio value rose 5.4% quarter-over-quarter to $40.6B.
Based on Fisher Asset Management's 13F filing for Q3 2013, filed 18 Oct 2013.