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 |
Alibaba
BABA
|
+$594M |
| 2 |
ING
ING
|
+$545M |
| 3 |
Banco Santander
SAN
|
+$503M |
| 4 |
Sumitomo Mitsui Financial
SMFG
|
+$364M |
| 5 |
Vodafone
VOD
|
+$314M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Wells Fargo
WFC
|
+$939M |
| 2 |
JPMorgan Chase
JPM
|
+$598M |
| 3 |
RTX Corp
RTX
|
+$579M |
| 4 |
Home Depot
HD
|
+$510M |
| 5 |
Qualcomm
QCOM
|
+$500M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.55% |
| 2 | Technology | 13.55% |
| 3 | Healthcare | 13.21% |
| 4 | Consumer Discretionary | 8.47% |
| 5 | Communication Services | 6.27% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
151
Integra LifeSciences
IART
$1.33B
| $55.1M | 0.08% |
1,010,060
-21,250
| -2% | -$1.01M |
|
152
iShares MSCI Europe Financials ETF
EUFN
$4.14B
| $54.9M | 0.08% |
2,500,340
+2,011,889
| +412% | +$43.1M |
|
153
Integer Holdings
ITGR
$3.42B
| $54.4M | 0.08% |
1,258,644
-30,075
| -2% | -$1.2M |
|
154
MSC Industrial Direct
MSM
$6.78B
| $53.8M | 0.08% |
625,694
-20,728
| -3% | -$1.82M |
|
|
INFN
155
DELISTED
Infinera Corporation Common Stock
INFN
| $53M | 0.08% |
4,963,151
-161,380
| -3% | -$1.65M |
|
|
MGLN
156
DELISTED
Magellan Health Services, Inc.
MGLN
| $52.8M | 0.08% |
724,646
-17,155
| -2% | -$1.21M |
|
157
Regal Rexnord
RRX
$13.5B
| $51.2M | 0.08% |
628,384
+49,461
| +9% | +$3.91M |
|
158
UMB Financial
UMBF
$11.1B
| $50.9M | 0.08% |
679,523
-16,840
| -2% | -$1.23M |
|
159
Mitsubishi UFJ Financial
MUFG
$254B
| $50.8M | 0.08% |
7,522,105
+333,750
| +5% | +$2.13M |
|
|
AXE
160
DELISTED
Anixter International Inc
AXE
| $50.6M | 0.08% |
647,581
-16,110
| -2% | -$1.26M |
|
161
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$7.07B
| $50.4M | 0.08% |
451,356
+119,585
| +36% | +$13.3M |
|
162
AbbVie
ABBV
$455B
| $49.8M | 0.08% |
686,519
+3,604
| +0.5% | +$242K |
|
163
MKS Inc
MKSI
$19.8B
| $49.5M | 0.07% |
736,109
-1,555
| -0.2% | -$118K |
|
|
MZTI
164
The Marzetti Company
MZTI
$2.95B
| $49.4M | 0.07% |
402,883
-592
| -0.1% | -$74.2K |
|
165
Invesco QQQ Trust
QQQ
$450B
| $49.2M | 0.07% |
357,385
+22,663
| +7% | +$3.12M |
|
|
LUX
166
DELISTED
Luxottica Group
LUX
| $47.3M | 0.07% |
818,491
-27,352
| -3% | -$1.59M |
|
167
WPP
WPP
$4.41B
| $46.8M | 0.07% |
443,884
+215
| +0% | +$23.4K |
|
168
Charles River Laboratories
CRL
$11.3B
| $46.3M | 0.07% |
457,572
-6,140
| -1% | -$565K |
|
169
Blackrock
BLK
$170B
| $46.2M | 0.07% |
109,403
+629
| +0.6% | +$251K |
|
|
CAVM
170
DELISTED
Cavium, Inc.
CAVM
| $46.1M | 0.07% |
741,988
-12,645
| -2% | -$883K |
|
171
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
$10.4B
| $45.6M | 0.07% |
1,486,880
-42,540
| -3% | -$1.3M |
|
172
Prosperity Bancshares
PB
$8.97B
| $44.3M | 0.07% |
689,710
-18,820
| -3% | -$1.24M |
|
173
Meta Platforms (Facebook)
META
$1.37T
| $43.7M | 0.07% |
289,572
+1,543
| +0.5% | +$229K |
|
174
Teledyne Technologies
TDY
$30.1B
| $42.7M | 0.06% |
334,151
+25,995
| +8% | +$3.37M |
|
175
Boston Beer
SAM
$1.93B
| $42M | 0.06% |
317,551
-14,920
| -4% | -$2.09M |
|
Similar funds
Ken Fisher's Q2 2017 Portfolio in Review
As of Q2 2017, Ken Fisher held 877 positions worth $66.3B, up 6.2% from $62.4B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Fisher's Q2 2017 filing shows 104 new, 361 increased, 246 reduced and 75 closed positions. Its largest new stake was Sumitomo Mitsui Financial: 48,974,918 shares worth $385M. The largest sale was Wells Fargo, an estimated $939M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, down from 19% a quarter earlier, followed by Technology and Healthcare.
- Ken Fisher's largest Q2 2017 buy was Sumitomo Mitsui Financial: 48,974,918 shares worth $385M.
- Ken Fisher added most to Alibaba in Q2 2017, an estimated $594M increase.
- Ken Fisher's biggest Q2 2017 reduction was Wells Fargo, cutting an estimated $939M.
- Ken Fisher fully exited Janus Capital Group Inc in Q2 2017, selling an estimated $54.1M.
- Ken Fisher's ten largest holdings make up 23% of its $66.3B portfolio in Q2 2017.
- Ken Fisher opened 104 new positions and closed 75 in Q2 2017.
- Ken Fisher's portfolio value rose 6.2% quarter-over-quarter to $66.3B.
Based on Fisher Asset Management's 13F filing for Q2 2017, filed 13 Jul 2017.