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 | |
|---|---|---|---|---|---|---|
176
Banco Santander Chile
BSAC
$16.5B
| $19.5M | 0.05% |
740,070
-19,300
| -3% | -$460K |
|
|
CNL
177
DELISTED
CLECO CRP (HOLDING CO)
CNL
| $19.1M | 0.05% |
426,585
-1,323
| -0.3% | -$61.7K |
|
|
SAPE
178
DELISTED
SAPIENT CORP
SAPE
| $18.8M | 0.05% |
1,205,745
| – | – |
|
|
SGI
179
Somnigroup International
SGI
$14.1B
| $18.1M | 0.04% |
1,650,540
| – | – |
|
|
GHL
180
DELISTED
Greenhill & Co., Inc.
GHL
| $18.1M | 0.04% |
362,010
+4,073
| +1% | +$201K |
|
181
Mastercard
MA
$510B
| $17.9M | 0.04% |
265,450
+5,200
| +2% | +$326K |
|
182
Ameriprise Financial
AMP
$48.1B
| $17.7M | 0.04% |
194,237
+9,749
| +5% | +$861K |
|
183
COPT Defense Properties
CDP
$4.35B
| $17.1M | 0.04% |
739,878
-95,130
| -11% | -$2.37M |
|
184
Gerdau
GGB
$9.74B
| $16.8M | 0.04% |
2,845,622
+12,002
| +0.4% | +$64.7K |
|
|
STJ
185
DELISTED
St Jude Medical
STJ
| $16.6M | 0.04% |
309,565
+5,552
| +2% | +$286K |
|
186
Cencora
COR
$60.7B
| $16.3M | 0.04% |
266,703
+8,614
| +3% | +$504K |
|
187
Vanguard FTSE Europe ETF
VGK
$30.8B
| $16.1M | 0.04% |
+294,513
| New | +$15.4M |
|
188
Union Pacific
UNP
$172B
| $16M | 0.04% |
206,096
+195,388
| +1,825% | +$15.4M |
|
189
Kroger
KR
$35.4B
| $16M | 0.04% |
791,570
-82,100
| -9% | -$1.58M |
|
190
Weyerhaeuser
WY
$16.9B
| $15.9M | 0.04% |
554,195
+21,358
| +4% | +$605K |
|
|
VALE.P
191
DELISTED
Vale S A
VALE.P
| $15.3M | 0.04% |
1,076,916
+156,375
| +17% | +$2.07M |
|
|
FRC
192
DELISTED
First Republic Bank
FRC
| $15M | 0.04% |
+322,370
| New | +$14.1M |
|
193
Zimmer Biomet
ZBH
$18.4B
| $14.9M | 0.04% |
186,981
+3,708
| +2% | +$292K |
|
194
Invesco QQQ Trust
QQQ
$450B
| $14.6M | 0.04% |
184,481
+17,805
| +11% | +$1.36M |
|
195
Toll Brothers
TOL
$14B
| $14.5M | 0.04% |
448,322
+21,050
| +5% | +$681K |
|
|
CYN
196
DELISTED
CITY NATIONAL CORPORATION
CYN
| $14.5M | 0.04% |
217,807
+118,180
| +119% | +$7.99M |
|
|
197
Vodafone
VOD
$37.2B
| $14.4M | 0.04% |
400,653
-8,616,031
| -96% | -$272M |
|
198
State Street Financial Select Sector SPDR ETF
XLF
$56.8B
| $14.3M | 0.04% |
818,177
+394,625
| +93% | +$7M |
|
199
T. Rowe Price
TROW
$25.6B
| $13.8M | 0.03% |
192,360
+9,466
| +5% | +$701K |
|
200
Equifax
EFX
$20.7B
| $13.6M | 0.03% |
227,218
-10,325
| -4% | -$635K |
|
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.