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 |
Adobe
ADBE
|
+$312M |
| 2 |
Salesforce
CRM
|
+$299M |
| 3 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$263M |
| 4 |
Netflix
NFLX
|
+$250M |
| 5 |
ConocoPhillips
COP
|
+$246M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PepsiCo
PEP
|
+$755M |
| 2 |
Procter & Gamble
PG
|
+$520M |
| 3 |
UN
Unilever NV New York Registry Shares
UN
|
+$179M |
| 4 |
Televisa
TV
|
+$119M |
| 5 |
Vanguard Industrials ETF
VIS
|
+$81M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.39% |
| 2 | Financials | 12.97% |
| 3 | Healthcare | 11.55% |
| 4 | Consumer Discretionary | 8.66% |
| 5 | Energy | 7.16% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
JHG
201
DELISTED
Janus Henderson
JHG
| $36.5M | 0.04% |
1,462,216
-81,743
| -5% | -$1.9M |
|
202
Delek US
DK
$4.16B
| $36.5M | 0.04% |
1,002,867
+57,165
| +6% | +$1.95M |
|
203
ATI
ATI
$25.6B
| $34.2M | 0.04% |
1,338,333
+15,808
| +1% | +$416K |
|
|
KSU
204
DELISTED
Kansas City Southern
KSU
| $34M | 0.04% |
293,281
-7,235
| -2% | -$781K |
|
205
Verizon
VZ
$195B
| $33.7M | 0.04% |
569,724
+23,220
| +4% | +$1.31M |
|
206
Intuitive Surgical
ISRG
$127B
| $33.7M | 0.04% |
176,934
+172,614
| +3,996% | +$30.7M |
|
|
DATA
207
DELISTED
Tableau Software, Inc.
DATA
| $33.3M | 0.04% |
261,663
+24,612
| +10% | +$3.11M |
|
208
Idacorp
IDA
$8.27B
| $33.1M | 0.04% |
332,268
-26,338
| -7% | -$2.56M |
|
209
AAR Corp
AIR
$5.59B
| $32.8M | 0.04% |
1,008,851
-21,910
| -2% | -$793K |
|
210
Wintrust Financial
WTFC
$10.8B
| $32.8M | 0.04% |
486,500
-44,711
| -8% | -$3.19M |
|
211
Omnicell
OMCL
$1.61B
| $32.7M | 0.04% |
404,267
-23,963
| -6% | -$1.79M |
|
212
Abbott
ABT
$183B
| $32.7M | 0.04% |
408,702
-23,344
| -5% | -$1.74M |
|
213
Azenta
AZTA
$1.3B
| $32.7M | 0.04% |
+1,113,679
| New | +$33.5M |
|
214
Berkshire Hathaway Class B
BRK.B
$1.1T
| $32.6M | 0.04% |
162,341
-85,535
| -35% | -$17.3M |
|
215
Prestige Consumer Healthcare
PBH
$2.38B
| $32.3M | 0.04% |
1,080,619
-165,099
| -13% | -$4.73M |
|
216
Biogen
BIIB
$30B
| $32.1M | 0.04% |
135,871
-2,081
| -2% | -$655K |
|
|
LSI
217
DELISTED
Life Storage, Inc.
LSI
| $31.5M | 0.04% |
486,338
-270,762
| -36% | -$17.3M |
|
218
Colgate-Palmolive
CL
$73.1B
| $31.3M | 0.04% |
456,763
-80,208
| -15% | -$5.18M |
|
219
Webster Financial
WBS
$12.5B
| $31.2M | 0.04% |
615,178
-54,365
| -8% | -$2.95M |
|
220
Onto Innovation
ONTO
$12.9B
| $30.6M | 0.04% |
992,239
-36,060
| -4% | -$1.06M |
|
221
Amgen
AMGN
$208B
| $30.3M | 0.04% |
159,465
+7,033
| +5% | +$1.34M |
|
|
WDR
222
DELISTED
Waddell & Reed Financial, Inc.
WDR
| $29.8M | 0.04% |
1,724,761
-69,669
| -4% | -$1.23M |
|
|
PACW
223
DELISTED
PacWest Bancorp
PACW
| $29.7M | 0.03% |
790,348
-57,349
| -7% | -$2.22M |
|
|
NEX
224
DELISTED
NexTier Oilfield Solutions Inc.
NEX
| $29.5M | 0.03% |
2,709,087
-3,415
| -0.1% | -$34.4K |
|
|
CADE
225
DELISTED
Cadence Bank
CADE
| $29.2M | 0.03% |
1,036,078
-106,286
| -9% | -$3.15M |
|
Similar funds
Ken Fisher's Q1 2019 Portfolio in Review
As of Q1 2019, Ken Fisher held 944 positions worth $85.3B, up 17% from $73.2B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Ken Fisher's Q1 2019 filing shows 78 new, 319 increased, 366 reduced and 82 closed positions. Its largest new stake was Hess: 2,044,909 shares worth $123M. The largest sale was PepsiCo, an estimated $755M.
By sector, the portfolio is most concentrated in Technology at 18% of assets, up from 17% a quarter earlier, followed by Financials and Healthcare.
- Ken Fisher's largest Q1 2019 buy was Hess: 2,044,909 shares worth $123M.
- Ken Fisher added most to Adobe in Q1 2019, an estimated $312M increase.
- Ken Fisher's biggest Q1 2019 reduction was PepsiCo, cutting an estimated $755M.
- Ken Fisher fully exited Televisa in Q1 2019, selling an estimated $119M.
- Ken Fisher's ten largest holdings make up 26% of its $85.3B portfolio in Q1 2019.
- Ken Fisher opened 78 new positions and closed 82 in Q1 2019.
- Ken Fisher's portfolio value rose 17% quarter-over-quarter to $85.3B.
Based on Fisher Asset Management's 13F filing for Q1 2019, filed 22 Apr 2019.