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 |
NextEra Energy
NEE
|
+$703M |
| 2 |
UnitedHealth
UNH
|
+$671M |
| 3 |
3M
MMM
|
+$660M |
| 4 |
Walt Disney
DIS
|
+$506M |
| 5 |
Toyota
TM
|
+$476M |
Top Sells
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.39% |
| 2 | Consumer Discretionary | 12.64% |
| 3 | Financials | 11.77% |
| 4 | Healthcare | 10.94% |
| 5 | Communication Services | 6.4% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
176
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$6.9B
| $51.4M | 0.05% |
508,493
-4,147
| -0.8% | -$413K |
|
177
iShares MSCI Europe Financials ETF
EUFN
$4.25B
| $51.2M | 0.05% |
3,600,896
-1,201,689
| -25% | -$15.9M |
|
178
HUB Group
HUBG
$2.83B
| $50.6M | 0.05% |
2,114,378
-98,600
| -4% | -$2.28M |
|
|
COHR
179
DELISTED
Coherent Inc
COHR
| $50.3M | 0.05% |
383,871
-15,178
| -4% | -$1.99M |
|
180
East-West Bancorp
EWBC
$18.1B
| $50M | 0.05% |
1,380,856
-53,194
| -4% | -$1.78M |
|
181
Terex
TEX
$7.36B
| $49.9M | 0.05% |
2,657,139
+686,025
| +35% | +$10.9M |
|
182
First American
FAF
$7.7B
| $49.1M | 0.05% |
1,022,720
-49,505
| -5% | -$2.34M |
|
183
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$22.9B
| $47.9M | 0.05% |
750,428
+412,878
| +122% | +$24.3M |
|
184
Artisan Partners
APAM
$2.99B
| $47.5M | 0.05% |
1,462,445
+60,131
| +4% | +$1.67M |
|
185
Azenta
AZTA
$1.38B
| $47.5M | 0.05% |
1,074,247
-63,651
| -6% | -$2.44M |
|
186
Charles River Laboratories
CRL
$11.1B
| $47.4M | 0.05% |
271,604
-22,107
| -8% | -$3.53M |
|
|
MZTI
187
The Marzetti Company
MZTI
$3.04B
| $47M | 0.05% |
303,047
+19,347
| +7% | +$2.82M |
|
188
Halliburton
HAL
$26.6B
| $46.8M | 0.05% |
3,606,154
+185,067
| +5% | +$1.99M |
|
189
Knowles
KN
$3.2B
| $45.5M | 0.04% |
2,982,832
+850,466
| +40% | +$12.7M |
|
190
Darling Ingredients
DAR
$9.5B
| $44.3M | 0.04% |
1,798,930
-25,567
| -1% | -$557K |
|
191
Emergent Biosolutions
EBS
$382M
| $44.3M | 0.04% |
560,023
-25,935
| -4% | -$1.93M |
|
192
iShares MSCI Japan ETF
EWJ
$22B
| $43.8M | 0.04% |
796,722
-185,593
| -19% | -$9.85M |
|
|
MDRX
193
DELISTED
Veradigm Inc. Common Stock
MDRX
| $43.6M | 0.04% |
6,438,309
+1,108,618
| +21% | +$7.19M |
|
194
Lazard
LAZ
$4.21B
| $42.3M | 0.04% |
1,478,555
+286,611
| +24% | +$7.77M |
|
195
Alcon
ALC
$34.2B
| $42.3M | 0.04% |
737,255
-77,278
| -9% | -$4.38M |
|
|
INVX
196
Innovex International
INVX
$1.98B
| $41.8M | 0.04% |
1,403,438
-63,845
| -4% | -$1.96M |
|
|
MRO
197
DELISTED
Marathon Oil Corporation
MRO
| $41.4M | 0.04% |
6,762,563
+454,309
| +7% | +$2.51M |
|
|
CALY
198
Callaway Golf Company
CALY
$3.43B
| $41M | 0.04% |
+2,343,691
| New | +$32.6M |
|
199
Onto Innovation
ONTO
$13.4B
| $40.9M | 0.04% |
1,202,764
+319,211
| +36% | +$10.4M |
|
200
State Street Health Care Select Sector SPDR ETF
XLV
$41.8B
| $40.9M | 0.04% |
408,224
-347,078
| -46% | -$34.3M |
|
Similar funds
Ken Fisher's Q2 2020 Portfolio in Review
As of Q2 2020, Ken Fisher held 986 positions worth $102B, up 27% from $80.6B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Ken Fisher's Q2 2020 filing shows 120 new, 322 increased, 361 reduced and 84 closed positions. Its largest new stake was American Tower: 1,761,637 shares worth $455M. The largest sale was Credit Suisse FI Large Cap Growth Enhanced Exchange Traded Notes, an estimated $1.55B.
By sector, the portfolio is most concentrated in Technology at 25% of assets, up from 24% a quarter earlier, followed by Consumer Discretionary and Financials.
- Ken Fisher's largest Q2 2020 buy was American Tower: 1,761,637 shares worth $455M.
- Ken Fisher added most to NextEra Energy in Q2 2020, an estimated $703M increase.
- Ken Fisher's biggest Q2 2020 reduction was Credit Suisse FI Large Cap Growth Enhanced Exchange Traded Notes, cutting an estimated $1.55B.
- Ken Fisher fully exited Weibo in Q2 2020, selling an estimated $116M.
- Ken Fisher's ten largest holdings make up 32% of its $102B portfolio in Q2 2020.
- Ken Fisher opened 120 new positions and closed 84 in Q2 2020.
- Ken Fisher's portfolio value rose 27% quarter-over-quarter to $102B.
Based on Fisher Asset Management's 13F filing for Q2 2020, filed 7 Aug 2020.