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 | |
|---|---|---|---|---|---|---|
201
Fidelity National Information Services
FIS
$23.8B
| $13.3M | 0.03% |
286,430
-4,915
| -2% | -$223K |
|
202
Rockwell Automation
ROK
$52.4B
| $13M | 0.03% |
121,946
+3,200
| +3% | +$313K |
|
|
SNDK
203
DELISTED
SANDISK CORP
SNDK
| $13M | 0.03% |
218,143
+7,051
| +3% | +$414K |
|
204
Expedia Group
EXPE
$35.2B
| $13M | 0.03% |
250,430
-2,700
| -1% | -$144K |
|
205
Omnicom Group
OMC
$21.8B
| $12.9M | 0.03% |
204,007
-13,785
| -6% | -$878K |
|
|
PCH
206
DELISTED
PotlatchDeltic
PCH
| $12.7M | 0.03% |
319,490
-1,175
| -0.4% | -$48.2K |
|
|
HOT
207
DELISTED
STARWOOD HOTELS & RESORTS WORLDWIDE, INC.
HOT
| $12.7M | 0.03% |
190,715
+6,855
| +4% | +$454K |
|
208
Warner Bros
WBD
$63.9B
| $12.5M | 0.03% |
289,810
-18,756
| -6% | -$779K |
|
209
Invesco S&P 500 Top 50 ETF
XLG
$10.5B
| $12.3M | 0.03% |
1,051,750
+101,090
| +11% | +$1.19M |
|
210
iShares 1-3 Year Treasury Bond ETF
SHY
$25.5B
| $11.4M | 0.03% |
134,378
-1,931
| -1% | -$163K |
|
211
Northwest Natural Holdings
NWN
$2.11B
| $11.3M | 0.03% |
269,407
+510
| +0.2% | +$21.7K |
|
212
Synopsys
SNPS
$71.3B
| $11.3M | 0.03% |
299,225
+42,365
| +16% | +$1.57M |
|
213
KLA
KLAC
$236B
| $11.2M | 0.03% |
1,843,950
-45,860
| -2% | -$269K |
|
214
Ross Stores
ROST
$81B
| $11.1M | 0.03% |
304,618
+482
| +0.2% | +$16.5K |
|
215
BorgWarner
BWA
$13.2B
| $11.1M | 0.03% |
248,252
+4,837
| +2% | +$203K |
|
216
Globe Life
GL
$14.2B
| $11.1M | 0.03% |
229,682
+16,628
| +8% | +$782K |
|
217
Cullen/Frost Bankers
CFR
$10.3B
| $10.7M | 0.03% |
+151,870
| New | +$10.8M |
|
218
Progressive
PGR
$124B
| $10.6M | 0.03% |
387,826
-934
| -0.2% | -$24.2K |
|
219
Hancock Whitney
HWC
$6.14B
| $10.4M | 0.03% |
+330,810
| New | +$10.7M |
|
220
Prologis
PLD
$136B
| $10.4M | 0.03% |
275,295
-1,000
| -0.4% | -$37.7K |
|
|
SI
221
DELISTED
SIEMENS AKTIENGESELLSCHAFT ADS
SI
| $10.3M | 0.03% |
85,584
+16,771
| +24% | +$1.87M |
|
|
BAY
222
DELISTED
BAYER AG SPONS ADR
BAY
| $10.2M | 0.03% |
86,861
+2,405
| +3% | +$284K |
|
223
WPP
WPP
$4.41B
| $10.2M | 0.03% |
99,481
+14,446
| +17% | +$1.36M |
|
224
Owens Corning
OC
$11.2B
| $10.1M | 0.02% |
265,185
+51,200
| +24% | +$2M |
|
225
State Street Health Care Select Sector SPDR ETF
XLV
$42.2B
| $9.98M | 0.02% |
197,279
+21,263
| +12% | +$1.07M |
|
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.