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 |
TotalEnergies
TTE
|
+$988M |
| 2 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$354M |
| 3 |
BP
BP
|
+$285M |
| 4 |
Freeport-McMoran
FCX
|
+$269M |
| 5 |
Rio Tinto
RIO
|
+$263M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Berkshire Hathaway Class B
BRK.B
|
+$612M |
| 2 |
BAY
BAYER AG SPONS ADR
BAY
|
+$441M |
| 3 |
Johnson & Johnson
JNJ
|
+$247M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$189M |
| 5 |
Vodafone
VOD
|
+$164M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.26% |
| 2 | Financials | 13.72% |
| 3 | Healthcare | 11.39% |
| 4 | Consumer Discretionary | 8.65% |
| 5 | Energy | 5.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
Webster Financial
WBS
$12.5B
| $39.5M | 0.05% |
669,423
-335,276
| -33% | -$21.8M |
|
202
ATI
ATI
$25.6B
| $38.7M | 0.05% |
1,309,622
+508,469
| +63% | +$13.7M |
|
|
WDR
203
DELISTED
Waddell & Reed Financial, Inc.
WDR
| $38.5M | 0.05% |
1,818,205
-51,641
| -3% | -$1.04M |
|
|
PXD
204
DELISTED
Pioneer Natural Resource Co.
PXD
| $38.4M | 0.05% |
220,229
+143,513
| +187% | +$25.7M |
|
205
NVIDIA
NVDA
$4.86T
| $38.3M | 0.05% |
5,456,160
+5,365,720
| +5,933% | +$34.9M |
|
|
AAWW
206
DELISTED
Atlas Air Worldwide Holdings, Inc.
AAWW
| $37.8M | 0.05% |
593,480
-456,557
| -43% | -$29.6M |
|
207
UMB Financial
UMBF
$11.1B
| $37.6M | 0.05% |
529,656
-78,540
| -13% | -$5.9M |
|
208
Progress Software
PRGS
$1.66B
| $37.5M | 0.05% |
1,061,586
-165,623
| -13% | -$6.58M |
|
|
CONE
209
DELISTED
CyrusOne Inc Common Stock
CONE
| $37.4M | 0.05% |
590,062
-35,236
| -6% | -$2.28M |
|
210
iShare MSCI Eurozone ETF
EZU
$9.64B
| $35.8M | 0.04% |
872,462
+52,917
| +6% | +$2.19M |
|
211
Idacorp
IDA
$8.27B
| $35.3M | 0.04% |
355,261
-4,520
| -1% | -$435K |
|
212
Marvell Technology
MRVL
$168B
| $35.2M | 0.04% |
1,824,401
+1,443,471
| +379% | +$29.7M |
|
213
Delek US
DK
$4.16B
| $35.1M | 0.04% |
826,273
+78,576
| +11% | +$3.88M |
|
|
CPE
214
DELISTED
Callon Petroleum Company
CPE
| $34.8M | 0.04% |
290,071
+14,588
| +5% | +$1.63M |
|
215
Nomura Holdings
NMR
$28.3B
| $34.1M | 0.04% |
7,141,499
-92,032
| -1% | -$436K |
|
216
Invesco S&P 500 Top 50 ETF
XLG
$10.6B
| $33.5M | 0.04% |
1,601,380
-386,460
| -19% | -$7.88M |
|
|
NEX
217
DELISTED
NexTier Oilfield Solutions Inc.
NEX
| $33.3M | 0.04% |
2,691,891
-53,158
| -2% | -$686K |
|
218
Mueller Industries
MLI
$14.7B
| $33.2M | 0.04% |
4,585,788
-40,288
| -0.9% | -$310K |
|
|
KSU
219
DELISTED
Kansas City Southern
KSU
| $33.2M | 0.04% |
292,671
-272,222
| -48% | -$31M |
|
|
THS
220
DELISTED
Treehouse Foods
THS
| $32.8M | 0.04% |
686,314
-12,474
| -2% | -$641K |
|
|
COR
221
DELISTED
Coresite Realty Corporation
COR
| $31.9M | 0.04% |
287,211
+4,734
| +2% | +$539K |
|
222
Bristol-Myers Squibb
BMY
$133B
| $31.6M | 0.04% |
509,243
-72,067
| -12% | -$4.28M |
|
223
Glacier Bancorp
GBCI
$6.42B
| $31.4M | 0.04% |
727,893
-4,015
| -0.5% | -$175K |
|
224
Abbott
ABT
$183B
| $31.4M | 0.04% |
427,462
+18,009
| +4% | +$1.18M |
|
225
Omnicell
OMCL
$1.61B
| $31.4M | 0.04% |
436,101
+3,183
| +0.7% | +$200K |
|
Similar funds
Ken Fisher's Q3 2018 Portfolio in Review
As of Q3 2018, Ken Fisher held 943 positions worth $82.4B, up 6.9% from $77B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Ken Fisher's Q3 2018 filing shows 81 new, 327 increased, 378 reduced and 73 closed positions. Its largest new stake was Adobe: 408,693 shares worth $110M. The largest sale was Berkshire Hathaway Class B, an estimated $612M.
By sector, the portfolio is most concentrated in Technology at 16% of assets, up from 15% a quarter earlier, followed by Financials and Healthcare.
- Ken Fisher's largest Q3 2018 buy was Adobe: 408,693 shares worth $110M.
- Ken Fisher added most to TotalEnergies in Q3 2018, an estimated $988M increase.
- Ken Fisher's biggest Q3 2018 reduction was Berkshire Hathaway Class B, cutting an estimated $612M.
- Ken Fisher fully exited Cavium, Inc. in Q3 2018, selling an estimated $56.9M.
- Ken Fisher's ten largest holdings make up 27% of its $82.4B portfolio in Q3 2018.
- Ken Fisher opened 81 new positions and closed 73 in Q3 2018.
- Ken Fisher's portfolio value rose 6.9% quarter-over-quarter to $82.4B.
Based on Fisher Asset Management's 13F filing for Q3 2018, filed 24 Oct 2018.