Three of Ken Fisher
)’s top four second-quarter transactions involved stocks he has bought and sold on a quarterly basis for several years. Fisher added to one, cut back on another and divested the third.
In his largest transaction of the quarter, Fisher added 4,652,393 shares to his stake in Walmart Stores Inc.
), a Bentonville, Arkansas-based retail chain, raising his position by more than 1,671%. Fisher paid an average price of $69.42 per share in a deal that had a 0.66% impact on his portfolio. Fisher’s stake in Walmart is now 4,930,805 shares. Continue Reading »