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 |
Adobe
ADBE
|
+$312M |
| 2 |
Salesforce
CRM
|
+$299M |
| 3 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$263M |
| 4 |
Netflix
NFLX
|
+$250M |
| 5 |
ConocoPhillips
COP
|
+$246M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PepsiCo
PEP
|
+$755M |
| 2 |
Procter & Gamble
PG
|
+$520M |
| 3 |
UN
Unilever NV New York Registry Shares
UN
|
+$179M |
| 4 |
Televisa
TV
|
+$119M |
| 5 |
Vanguard Industrials ETF
VIS
|
+$81M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.39% |
| 2 | Financials | 12.97% |
| 3 | Healthcare | 11.55% |
| 4 | Consumer Discretionary | 8.66% |
| 5 | Energy | 7.16% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
151
MKS Inc
MKSI
$20.1B
| $62.3M | 0.07% |
669,440
+17,489
| +3% | +$1.41M |
|
152
Lazard
LAZ
$4.13B
| $61.8M | 0.07% |
1,709,052
-13,046
| -0.8% | -$491K |
|
153
Occidental Petroleum
OXY
$56.8B
| $61.6M | 0.07% |
930,315
+279,996
| +43% | +$18.4M |
|
154
Blackrock
BLK
$169B
| $60.9M | 0.07% |
142,540
+9,317
| +7% | +$3.91M |
|
|
STMP
155
DELISTED
Stamps.com, Inc.
STMP
| $59.1M | 0.07% |
725,580
+674,430
| +1,319% | +$94.9M |
|
156
Goldman Sachs
GS
$300B
| $58.1M | 0.07% |
302,637
+8,119
| +3% | +$1.57M |
|
157
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$7.07B
| $57.5M | 0.07% |
532,821
-5,650
| -1% | -$598K |
|
158
Marvell Technology
MRVL
$168B
| $57.2M | 0.07% |
2,875,105
+996,208
| +53% | +$18.6M |
|
159
Oceaneering
OII
$4.86B
| $56.1M | 0.07% |
3,556,812
+468,877
| +15% | +$7.26M |
|
160
AbbVie
ABBV
$443B
| $55.8M | 0.07% |
692,460
-120,616
| -15% | -$9.87M |
|
|
UMPQ
161
DELISTED
Umpqua Holdings Corp
UMPQ
| $54.9M | 0.06% |
3,326,569
-228,319
| -6% | -$4.02M |
|
|
UN
162
DELISTED
Unilever NV New York Registry Shares
UN
| $53.9M | 0.06% |
925,254
-3,253,469
| -78% | -$179M |
|
163
HUB Group
HUBG
$2.85B
| $53.7M | 0.06% |
2,630,768
-223,922
| -8% | -$4.78M |
|
164
iShares MSCI Japan ETF
EWJ
$21.9B
| $53M | 0.06% |
967,978
-265,023
| -21% | -$14.3M |
|
165
ProPetro Holding
PUMP
$1.36B
| $52.5M | 0.06% |
2,330,929
+405,481
| +21% | +$7.26M |
|
166
Ecopetrol
EC
$34.5B
| $51.5M | 0.06% |
2,402,064
+72,378
| +3% | +$1.42M |
|
167
Regal Rexnord
RRX
$13.7B
| $50.4M | 0.06% |
615,739
-70,297
| -10% | -$5.55M |
|
168
State Street Health Care Select Sector SPDR ETF
XLV
$41.9B
| $50.3M | 0.06% |
548,083
+4,346
| +0.8% | +$392K |
|
|
BECN
169
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $50.2M | 0.06% |
1,560,989
-125,737
| -7% | -$4.4M |
|
|
MNDT
170
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $49.4M | 0.06% |
2,940,022
-286,306
| -9% | -$4.82M |
|
171
Texas Instruments
TXN
$252B
| $48.7M | 0.06% |
459,441
+20,740
| +5% | +$2.15M |
|
172
Mid-America Apartment Communities
MAA
$15.4B
| $47.5M | 0.06% |
434,818
-32,379
| -7% | -$3.33M |
|
|
CPE
173
DELISTED
Callon Petroleum Company
CPE
| $47M | 0.06% |
623,170
+331,544
| +114% | +$25.7M |
|
174
Diageo
DEO
$49B
| $46.6M | 0.05% |
284,883
-57,136
| -17% | -$8.72M |
|
175
RLJ Lodging Trust
RLJ
$1.86B
| $46.2M | 0.05% |
2,628,198
-152,489
| -5% | -$2.78M |
|
Similar funds
Ken Fisher's Q1 2019 Portfolio in Review
As of Q1 2019, Ken Fisher held 944 positions worth $85.3B, up 17% from $73.2B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Ken Fisher's Q1 2019 filing shows 78 new, 319 increased, 366 reduced and 82 closed positions. Its largest new stake was Hess: 2,044,909 shares worth $123M. The largest sale was PepsiCo, an estimated $755M.
By sector, the portfolio is most concentrated in Technology at 18% of assets, up from 17% a quarter earlier, followed by Financials and Healthcare.
- Ken Fisher's largest Q1 2019 buy was Hess: 2,044,909 shares worth $123M.
- Ken Fisher added most to Adobe in Q1 2019, an estimated $312M increase.
- Ken Fisher's biggest Q1 2019 reduction was PepsiCo, cutting an estimated $755M.
- Ken Fisher fully exited Televisa in Q1 2019, selling an estimated $119M.
- Ken Fisher's ten largest holdings make up 26% of its $85.3B portfolio in Q1 2019.
- Ken Fisher opened 78 new positions and closed 82 in Q1 2019.
- Ken Fisher's portfolio value rose 17% quarter-over-quarter to $85.3B.
Based on Fisher Asset Management's 13F filing for Q1 2019, filed 22 Apr 2019.