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 |
iShares MSCI Europe Financials ETF
EUFN
|
+$427M |
| 2 |
iShares Global Energy ETF
IXC
|
+$357M |
| 3 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$322M |
| 4 |
iShares MSCI Spain ETF
EWP
|
+$194M |
| 5 |
FRLG
Large Cap Growth Index-Linked Exchange Traded Notes due 2028
FRLG
|
+$193M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TotalEnergies
TTE
|
+$208M |
| 2 |
ING
ING
|
+$123M |
| 3 |
Banco Bilbao Vizcaya Argentaria
BBVA
|
+$90.3M |
| 4 |
Banco Santander
SAN
|
+$82.1M |
| 5 |
Freeport-McMoran
FCX
|
+$57.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.57% |
| 2 | Financials | 12.78% |
| 3 | Healthcare | 11.18% |
| 4 | Consumer Discretionary | 8.38% |
| 5 | Energy | 6.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
176
iShares Global Healthcare ETF
IXJ
$4.11B
| $50.3M | 0.06% |
815,892
+757,130
| +1,288% | +$45.4M |
|
177
ProPetro Holding
PUMP
$1.33B
| $50.2M | 0.06% |
2,427,455
+96,526
| +4% | +$2.05M |
|
178
ENI
E
$80.5B
| $49.2M | 0.05% |
1,490,039
+423,522
| +40% | +$14M |
|
179
Mid-America Apartment Communities
MAA
$15.5B
| $48.6M | 0.05% |
413,124
-21,694
| -5% | -$2.44M |
|
180
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
$10.4B
| $47.1M | 0.05% |
1,529,410
+144,617
| +10% | +$4.42M |
|
181
iShares Global Industrials ETF
EXI
$1.41B
| $46.9M | 0.05% |
+512,420
| New | +$46.3M |
|
182
Diageo
DEO
$49.5B
| $46M | 0.05% |
266,816
-18,067
| -6% | -$3.04M |
|
183
Synaptics
SYNA
$4.25B
| $45.5M | 0.05% |
1,560,660
-34,917
| -2% | -$1.14M |
|
184
MSCI
MSCI
$41.9B
| $45.5M | 0.05% |
190,381
+51,438
| +37% | +$11.5M |
|
185
RLJ Lodging Trust
RLJ
$1.87B
| $45M | 0.05% |
2,535,561
-92,637
| -4% | -$1.68M |
|
186
Artisan Partners
APAM
$2.82B
| $44.4M | 0.05% |
1,614,233
+229
| +0% | +$6.1K |
|
187
Intuitive Surgical
ISRG
$126B
| $44M | 0.05% |
251,604
+74,670
| +42% | +$12.8M |
|
188
Invesco S&P 500 Top 50 ETF
XLG
$10.5B
| $43.9M | 0.05% |
2,093,500
+197,970
| +10% | +$4.1M |
|
189
Integra LifeSciences
IART
$1.33B
| $43.6M | 0.05% |
781,166
+5,698
| +0.7% | +$293K |
|
190
CONMED
CNMD
$1.41B
| $43.5M | 0.05% |
507,822
-8,151
| -2% | -$670K |
|
191
iShare MSCI Eurozone ETF
EZU
$9.65B
| $43.4M | 0.05% |
1,098,212
+66,843
| +6% | +$2.63M |
|
192
Occidental Petroleum
OXY
$55.6B
| $43.4M | 0.05% |
863,227
-67,088
| -7% | -$3.78M |
|
193
Equinor
EQNR
$96.8B
| $43M | 0.05% |
2,175,636
+336,136
| +18% | +$7.1M |
|
194
Ecopetrol
EC
$35B
| $42.9M | 0.05% |
2,345,309
-56,755
| -2% | -$1.06M |
|
195
Delek US
DK
$4.15B
| $42.8M | 0.05% |
1,055,903
+53,036
| +5% | +$1.94M |
|
|
MNDT
196
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $42.4M | 0.05% |
2,865,834
-74,188
| -3% | -$1.14M |
|
197
Revvity
RVTY
$12.7B
| $42.2M | 0.05% |
437,796
+3,723
| +0.9% | +$347K |
|
198
Gilead Sciences
GILD
$163B
| $42.1M | 0.05% |
623,051
+7,250
| +1% | +$477K |
|
|
AXE
199
DELISTED
Anixter International Inc
AXE
| $41.2M | 0.05% |
690,532
-29,739
| -4% | -$1.75M |
|
200
Honeywell
HON
$76.7B
| $41.2M | 0.05% |
250,181
+108,666
| +77% | +$17.3M |
|
Similar funds
Ken Fisher's Q2 2019 Portfolio in Review
As of Q2 2019, Ken Fisher held 967 positions worth $90.5B, up 6% from $85.3B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Ken Fisher's Q2 2019 filing shows 105 new, 388 increased, 294 reduced and 65 closed positions. Its largest new stake was State Street SPDR S&P Metals & Mining ETF: 3,272,430 shares worth $92.9M. The largest sale was TotalEnergies, an estimated $208M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 18% a quarter earlier, followed by Financials and Healthcare.
- Ken Fisher's largest Q2 2019 buy was State Street SPDR S&P Metals & Mining ETF: 3,272,430 shares worth $92.9M.
- Ken Fisher added most to iShares MSCI Europe Financials ETF in Q2 2019, an estimated $427M increase.
- Ken Fisher's biggest Q2 2019 reduction was TotalEnergies, cutting an estimated $208M.
- Ken Fisher fully exited Rowan Companies Plc in Q2 2019, selling an estimated $10.6M.
- Ken Fisher's ten largest holdings make up 27% of its $90.5B portfolio in Q2 2019.
- Ken Fisher opened 105 new positions and closed 65 in Q2 2019.
- Ken Fisher's portfolio value rose 6% quarter-over-quarter to $90.5B.
Based on Fisher Asset Management's 13F filing for Q2 2019, filed 30 Jul 2019.