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 |
Costco
COST
|
+$384M |
| 2 |
BF
BASF AKTIENGESELLT ADS(RP1 ORD
BF
|
+$293M |
| 3 |
Walmart Inc
WMT
|
+$242M |
| 4 |
UN
Unilever NV New York Registry Shares
UN
|
+$220M |
| 5 |
FIHD
UBS AG FI Enhanced Global High Yield ETN
FIHD
|
+$122M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Bank of America
BAC
|
+$436M |
| 2 |
Home Depot
HD
|
+$261M |
| 3 |
Walt Disney
DIS
|
+$236M |
| 4 |
JPMorgan Chase
JPM
|
+$230M |
| 5 |
Comcast
CMCSA
|
+$219M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.23% |
| 2 | Technology | 13.84% |
| 3 | Healthcare | 11.95% |
| 4 | Consumer Discretionary | 8.3% |
| 5 | Consumer Staples | 5.74% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
176
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
$10.4B
| $45.3M | 0.06% |
1,488,777
-6,483
| -0.4% | -$198K |
|
177
Colgate-Palmolive
CL
$73.3B
| $44.1M | 0.06% |
585,116
+339,520
| +138% | +$24.8M |
|
|
WDR
178
DELISTED
Waddell & Reed Financial, Inc.
WDR
| $43.1M | 0.06% |
1,929,598
+5,515
| +0.3% | +$112K |
|
|
LNCE
179
DELISTED
Snyders-Lance, Inc.
LNCE
| $42.8M | 0.06% |
854,797
+6,512
| +0.8% | +$258K |
|
180
Plexus
PLXS
$6.47B
| $42.5M | 0.06% |
699,730
-5,327
| -0.8% | -$323K |
|
181
Darling Ingredients
DAR
$9.69B
| $41.9M | 0.05% |
2,311,492
+68,046
| +3% | +$1.18M |
|
182
Mueller Industries
MLI
$14.8B
| $41.8M | 0.05% |
4,720,276
-37,100
| -0.8% | -$324K |
|
183
Salesforce
CRM
$148B
| $41.5M | 0.05% |
405,762
-42,093
| -9% | -$4.29M |
|
184
State Street Health Care Select Sector SPDR ETF
XLV
$42.2B
| $41.1M | 0.05% |
496,936
+33,346
| +7% | +$2.75M |
|
185
AAR Corp
AIR
$5.56B
| $41M | 0.05% |
1,044,252
-12,375
| -1% | -$498K |
|
186
iShares Global Healthcare ETF
IXJ
$4.11B
| $41M | 0.05% |
727,862
+682,762
| +1,514% | +$38.4M |
|
187
Canadian National Railway
CNI
$76.9B
| $40.8M | 0.05% |
494,913
+2,993
| +0.6% | +$241K |
|
188
Vanguard S&P 500 ETF
VOO
$972B
| $40.8M | 0.05% |
166,434
+40,839
| +33% | +$9.76M |
|
189
Texas Capital Bancshares
TCBI
$4.29B
| $40.5M | 0.05% |
455,997
-1,442
| -0.3% | -$125K |
|
190
Revvity
RVTY
$12.7B
| $40.4M | 0.05% |
553,055
-18,728
| -3% | -$1.34M |
|
191
Progress Software
PRGS
$1.65B
| $38.4M | 0.05% |
901,927
-2,225
| -0.2% | -$92.6K |
|
192
Perrigo
PRGO
$1.43B
| $38.3M | 0.05% |
439,981
-7,289
| -2% | -$626K |
|
|
INFN
193
DELISTED
Infinera Corporation Common Stock
INFN
| $38.2M | 0.05% |
6,039,414
-50,500
| -0.8% | -$385K |
|
194
Qualcomm
QCOM
$160B
| $38.1M | 0.05% |
595,392
-108,521
| -15% | -$6.58M |
|
|
THS
195
DELISTED
Treehouse Foods
THS
| $35.9M | 0.05% |
725,902
-8,125
| -1% | -$435K |
|
196
Bristol-Myers Squibb
BMY
$132B
| $35.7M | 0.05% |
582,213
+77,720
| +15% | +$4.86M |
|
197
Owens Corning
OC
$11.2B
| $35.1M | 0.05% |
381,463
-14,283
| -4% | -$1.2M |
|
|
CONE
198
DELISTED
CyrusOne Inc Common Stock
CONE
| $34.8M | 0.05% |
584,522
+4,306
| +0.7% | +$261K |
|
|
MDRX
199
DELISTED
Veradigm Inc. Common Stock
MDRX
| $34.7M | 0.05% |
2,386,237
+42,504
| +2% | +$590K |
|
200
United Natural Foods
UNFI
$3.01B
| $34.5M | 0.05% |
699,216
-4,943
| -0.7% | -$216K |
|
Similar funds
Ken Fisher's Q4 2017 Portfolio in Review
As of Q4 2017, Ken Fisher held 984 positions worth $76.6B, up 7.4% from $71.3B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Ken Fisher's Q4 2017 filing shows 141 new, 329 increased, 331 reduced and 62 closed positions. Its largest new stake was HITACHI LTD ADR (10COM)NEW: 925,930 shares worth $72.2M. The largest sale was Bank of America, an estimated $436M.
By sector, the portfolio is most concentrated in Financials at 17% of assets, down from 18% a quarter earlier, followed by Technology and Healthcare.
- Ken Fisher's largest Q4 2017 buy was HITACHI LTD ADR (10COM)NEW: 925,930 shares worth $72.2M.
- Ken Fisher added most to Costco in Q4 2017, an estimated $384M increase.
- Ken Fisher's biggest Q4 2017 reduction was Bank of America, cutting an estimated $436M.
- Ken Fisher fully exited Harley-Davidson in Q4 2017, selling an estimated $4.17M.
- Ken Fisher's ten largest holdings make up 24% of its $76.6B portfolio in Q4 2017.
- Ken Fisher opened 141 new positions and closed 62 in Q4 2017.
- Ken Fisher's portfolio value rose 7.4% quarter-over-quarter to $76.6B.
Based on Fisher Asset Management's 13F filing for Q4 2017, filed 24 Jan 2018.