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 |
Alibaba
BABA
|
+$594M |
| 2 |
ING
ING
|
+$545M |
| 3 |
Banco Santander
SAN
|
+$503M |
| 4 |
Sumitomo Mitsui Financial
SMFG
|
+$364M |
| 5 |
Vodafone
VOD
|
+$314M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Wells Fargo
WFC
|
+$939M |
| 2 |
JPMorgan Chase
JPM
|
+$598M |
| 3 |
RTX Corp
RTX
|
+$579M |
| 4 |
Home Depot
HD
|
+$510M |
| 5 |
Qualcomm
QCOM
|
+$500M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.55% |
| 2 | Technology | 13.55% |
| 3 | Healthcare | 13.21% |
| 4 | Consumer Discretionary | 8.47% |
| 5 | Communication Services | 6.27% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
EDR
201
DELISTED
Education Realty Trust Inc
EDR
| $30.2M | 0.05% |
779,555
-18,201
| -2% | -$712K |
|
202
NNN REIT
NNN
$9.16B
| $29.8M | 0.04% |
762,293
-16,044
| -2% | -$648K |
|
203
Capitol Federal Financial
CFFN
$1.1B
| $29.7M | 0.04% |
2,090,134
+17,858
| +0.9% | +$255K |
|
204
Biogen
BIIB
$30.7B
| $29.6M | 0.04% |
109,129
-285
| -0.3% | -$75.4K |
|
205
Cooper Companies
COO
$14.2B
| $29.2M | 0.04% |
487,980
+76,940
| +19% | +$4.18M |
|
206
3M
MMM
$90.8B
| $28.3M | 0.04% |
162,636
+92,348
| +131% | +$15.4M |
|
207
Bristol-Myers Squibb
BMY
$132B
| $28.3M | 0.04% |
507,027
-159,237
| -24% | -$8.67M |
|
208
Progress Software
PRGS
$1.65B
| $28.2M | 0.04% |
911,342
-1,187
| -0.1% | -$35.1K |
|
209
PayPal
PYPL
$49.3B
| $28.1M | 0.04% |
523,106
+53,784
| +11% | +$2.64M |
|
210
Acadia Realty Trust
AKR
$3.08B
| $27.7M | 0.04% |
997,473
-25,865
| -3% | -$742K |
|
211
Coca-Cola
KO
$381B
| $27.7M | 0.04% |
616,787
-10,181,790
| -94% | -$450M |
|
212
Texas Instruments
TXN
$255B
| $27.6M | 0.04% |
+358,949
| New | +$28.8M |
|
213
Synopsys
SNPS
$71.3B
| $27.6M | 0.04% |
378,214
-537
| -0.1% | -$39.5K |
|
|
LNCE
214
DELISTED
Snyders-Lance, Inc.
LNCE
| $27.2M | 0.04% |
784,446
+411,307
| +110% | +$15M |
|
215
Autodesk
ADSK
$49.6B
| $25.9M | 0.04% |
257,068
-4,978
| -2% | -$493K |
|
216
United Natural Foods
UNFI
$3.01B
| $25.8M | 0.04% |
702,741
+28,185
| +4% | +$1.13M |
|
217
Extra Space Storage
EXR
$31.3B
| $25.6M | 0.04% |
327,885
-15,782
| -5% | -$1.21M |
|
218
BP
BP
$114B
| $25.5M | 0.04% |
830,196
-12,909
| -2% | -$402K |
|
|
CBD
219
DELISTED
Companhia Brasileira de Distribuicao
CBD
| $25.1M | 0.04% |
1,285,083
| – | – |
|
220
iShare MSCI Eurozone ETF
EZU
$9.65B
| $24.7M | 0.04% |
612,018
+190,352
| +45% | +$7.61M |
|
|
TSS
221
DELISTED
Total System Services, Inc.
TSS
| $24.3M | 0.04% |
417,087
-3,203
| -0.8% | -$183K |
|
222
Owens Corning
OC
$11.2B
| $23.4M | 0.04% |
349,290
-1,668
| -0.5% | -$105K |
|
223
Equifax
EFX
$20.7B
| $23.2M | 0.04% |
168,722
-726
| -0.4% | -$99.6K |
|
224
iShares Global Tech ETF
IXN
$8.34B
| $23.1M | 0.03% |
1,059,138
+63,726
| +6% | +$1.38M |
|
225
COPT Defense Properties
CDP
$4.35B
| $22M | 0.03% |
628,050
-14,685
| -2% | -$500K |
|
Similar funds
Ken Fisher's Q2 2017 Portfolio in Review
As of Q2 2017, Ken Fisher held 877 positions worth $66.3B, up 6.2% from $62.4B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Fisher's Q2 2017 filing shows 104 new, 361 increased, 246 reduced and 75 closed positions. Its largest new stake was Sumitomo Mitsui Financial: 48,974,918 shares worth $385M. The largest sale was Wells Fargo, an estimated $939M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, down from 19% a quarter earlier, followed by Technology and Healthcare.
- Ken Fisher's largest Q2 2017 buy was Sumitomo Mitsui Financial: 48,974,918 shares worth $385M.
- Ken Fisher added most to Alibaba in Q2 2017, an estimated $594M increase.
- Ken Fisher's biggest Q2 2017 reduction was Wells Fargo, cutting an estimated $939M.
- Ken Fisher fully exited Janus Capital Group Inc in Q2 2017, selling an estimated $54.1M.
- Ken Fisher's ten largest holdings make up 23% of its $66.3B portfolio in Q2 2017.
- Ken Fisher opened 104 new positions and closed 75 in Q2 2017.
- Ken Fisher's portfolio value rose 6.2% quarter-over-quarter to $66.3B.
Based on Fisher Asset Management's 13F filing for Q2 2017, filed 13 Jul 2017.