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 |
Mastercard
MA
|
+$915M |
| 2 |
Meta Platforms (Facebook)
META
|
+$693M |
| 3 |
Salesforce
CRM
|
+$618M |
| 4 |
Walt Disney
DIS
|
+$559M |
| 5 |
Nike
NKE
|
+$545M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Johnson & Johnson
JNJ
|
+$1.51B |
| 2 |
Pfizer
PFE
|
+$1.43B |
| 3 |
UBS Group
UBS
|
+$588M |
| 4 |
HSBC
HSBC
|
+$537M |
| 5 |
Procter & Gamble
PG
|
+$439M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 24.07% |
| 2 | Consumer Discretionary | 10.99% |
| 3 | Financials | 10.93% |
| 4 | Healthcare | 10.39% |
| 5 | Communication Services | 6.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
151
Lennar Class A
LEN
$20.4B
| $50.8M | 0.06% |
1,372,721
-113,521
| -8% | -$6.43M |
|
152
HUB Group
HUBG
$2.83B
| $50.3M | 0.06% |
2,212,978
-151,732
| -6% | -$3.81M |
|
153
Littelfuse
LFUS
$11.7B
| $49.8M | 0.06% |
373,481
-52,303
| -12% | -$8.75M |
|
|
SF
154
Stifel
SF
$12.6B
| $49.6M | 0.06% |
2,704,050
-320,198
| -11% | -$8.02M |
|
155
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$6.91B
| $48.6M | 0.06% |
512,640
-3,590
| -0.7% | -$377K |
|
156
iShares MSCI Japan ETF
EWJ
$22.5B
| $48.5M | 0.06% |
982,315
-664,414
| -40% | -$36.6M |
|
157
Yelp
YELP
$1.38B
| $47.7M | 0.06% |
2,647,531
-185,583
| -7% | -$5.64M |
|
158
Lincoln Electric
LECO
$15.2B
| $47.7M | 0.06% |
691,122
-75,292
| -10% | -$6.45M |
|
159
Integer Holdings
ITGR
$4.29B
| $47.7M | 0.06% |
758,118
-13,521
| -2% | -$1.1M |
|
160
Fair Isaac
FICO
$22.3B
| $47.4M | 0.06% |
154,092
-16,200
| -10% | -$5.97M |
|
|
CLGX
161
DELISTED
Corelogic, Inc.
CLGX
| $46.7M | 0.06% |
1,528,982
+31,574
| +2% | +$1.4M |
|
|
PC
162
DELISTED
PANASONIC CORP ADR (REP 1 SHR COM STK) (JP)
PC
| $45.6M | 0.06% |
5,971,275
+591,321
| +11% | +$4.52M |
|
163
First American
FAF
$7.67B
| $45.5M | 0.06% |
1,072,225
-23,514
| -2% | -$1.34M |
|
164
Insulet
PODD
$9.65B
| $45M | 0.06% |
+271,798
| New | +$49.7M |
|
165
KB Home
KBH
$3.49B
| $45M | 0.06% |
2,486,526
-34,696
| -1% | -$1.11M |
|
|
INVX
166
Innovex International
INVX
$2.15B
| $44.8M | 0.06% |
1,467,283
-66,720
| -4% | -$2.6M |
|
167
Globant
GLOB
$1.61B
| $44.2M | 0.05% |
503,286
+494,902
| +5,903% | +$55.3M |
|
168
iShare MSCI Eurozone ETF
EZU
$9.84B
| $43.7M | 0.05% |
1,433,461
+122,870
| +9% | +$4.65M |
|
169
Meritage Homes
MTH
$4.71B
| $43.4M | 0.05% |
2,377,026
-205,616
| -8% | -$6.24M |
|
170
NETSCOUT
NTCT
$2.92B
| $43.3M | 0.05% |
1,830,697
-82,202
| -4% | -$2.08M |
|
|
COHR
171
DELISTED
Coherent Inc
COHR
| $42.5M | 0.05% |
399,049
+4,208
| +1% | +$589K |
|
172
Alcon
ALC
$33.9B
| $41.4M | 0.05% |
814,533
-158,213
| -16% | -$9.1M |
|
|
UN
173
DELISTED
Unilever NV New York Registry Shares
UN
| $41.2M | 0.05% |
844,005
-17,829
| -2% | -$975K |
|
|
MZTI
174
The Marzetti Company
MZTI
$3.02B
| $41M | 0.05% |
283,700
+29,907
| +12% | +$4.53M |
|
175
Texas Instruments
TXN
$254B
| $40M | 0.05% |
400,783
+68,098
| +20% | +$8.17M |
|
Similar funds
Ken Fisher's Q1 2020 Portfolio in Review
As of Q1 2020, Ken Fisher held 982 positions worth $80.6B, down 19% from $99B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Ken Fisher's Q1 2020 filing shows 84 new, 262 increased, 421 reduced and 116 closed positions. Its largest new stake was Advanced Micro Devices: 7,132,669 shares worth $324M. The largest sale was Johnson & Johnson, an estimated $1.51B.
By sector, the portfolio is most concentrated in Technology at 24% of assets, up from 21% a quarter earlier, followed by Consumer Discretionary and Financials.
- Ken Fisher's largest Q1 2020 buy was Advanced Micro Devices: 7,132,669 shares worth $324M.
- Ken Fisher added most to Mastercard in Q1 2020, an estimated $915M increase.
- Ken Fisher's biggest Q1 2020 reduction was Johnson & Johnson, cutting an estimated $1.51B.
- Ken Fisher fully exited Ambev in Q1 2020, selling an estimated $89.9M.
- Ken Fisher's ten largest holdings make up 31% of its $80.6B portfolio in Q1 2020.
- Ken Fisher opened 84 new positions and closed 116 in Q1 2020.
- Ken Fisher's portfolio value fell 19% quarter-over-quarter to $80.6B.
Based on Fisher Asset Management's 13F filing for Q1 2020, filed 28 Apr 2020.