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Ken Fisher Buys Q2 Update: SBUX, MCD, V, CSCO, CRM, LVS
Posted by: GuruFocus (IP Logged)
Date: July 24, 2012 07:19AM

This is the Q2 portfolio update for Ken Fisher. As of 06/30/2012, Fisher Asset Management, LLC owns 465 stocks with a total value of $34.7 billion. These are the details of the buys and sells.

For the details of Ken Fisher's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Ken+Fisher

This is the sector weightings of his portfolio:

Technology 19.5%
Financials 14.7%
Health Care 11.5%
Consumer Services 11.1%
Industrials 10.8%
Consumer Goods 8.6%
Oil & Gas 7.1%
Basic Materials 5.3%
Not Assigned 3.9%
Telecom 0.9%
Utilities 0.3%


These are the top 5 holdings of Ken Fisher

  1. IShares IBoxx $ Invest Grade Corp Bd Fd (LQD) - 7,057,737 shares, 2.4% of the total portfolio. Shares added by 4.62%
  2. Johnson & Johnson (JNJ) - 10,705,335 shares, 2.1% of the total portfolio. Shares reduced by 0.52%
  3. General Electric Company (GE) - 31,368,465 shares, 1.9% of the total portfolio. Shares added by 2.6%
  4. Oracle Corporation (ORCL) - 20,386,490 shares, 1.7% of the total portfolio. Shares added by 0.06%
  5. Amazon.com, Inc. (AMZN) - 2,585,806 shares, 1.7% of the total portfolio. Shares added by 1.73%


New Purchase: American Express Company (AXP)

Ken Fisher initiated holdings in American Express Company. His purchase prices were between $53.49 and $61.23, with an estimated average price of $57.23. The impact to his portfolio due to this purchase was 1.1%. His holdings were 6,620,346 shares as of 06/30/2012.

New Purchase: Las Vegas Sands Corp. (LVS)

Ken Fisher initiated holdings in Las Vegas Sands Corp.. His purchase prices were between $42.51 and $61.57, with an estimated average price of $51.09. The impact to his portfolio due to this purchase was 1.1%. His holdings were 8,970,744 shares as of 06/30/2012.

New Purchase: Salesforce.com, Inc. (CRM)

Ken Fisher initiated holdings in Salesforce.com, Inc.. His purchase prices were between $125.61 and $162.16, with an estimated average price of $145.37. The impact to his portfolio due to this purchase was 1.1%. His holdings were 2,682,185 shares as of 06/30/2012.

New Purchase: Priceline.com Inc (PCLN)

Ken Fisher initiated holdings in Priceline.com Inc. His purchase prices were between $610.93 and $772.35, with an estimated average price of $688.58. The impact to his portfolio due to this purchase was 1.1%. His holdings were 598,135 shares as of 06/30/2012.

New Purchase: Hsbc Holdings Plc (adr) (HBC)

Ken Fisher initiated holdings in Hsbc Holdings Plc (adr). His purchase prices were between $38.93 and $45.8, with an estimated average price of $42.98. The impact to his portfolio due to this purchase was 1%. His holdings were 8,191,704 shares as of 06/30/2012.

New Purchase: Sumitomo Mitsui Financial Grp, Inc.(adr) (SMFG)

Ken Fisher initiated holdings in Sumitomo Mitsui Financial Grp, Inc.(adr). His purchase prices were between $5.71 and $6.72, with an estimated average price of $6.23. The impact to his portfolio due to this purchase was 1%. His holdings were 53,677,594 shares as of 06/30/2012.

New Purchase: Blackrock, Inc. (BLK)

Ken Fisher initiated holdings in Blackrock, Inc.. His purchase prices were between $161.17 and $205.98, with an estimated average price of $181.45. The impact to his portfolio due to this purchase was 0.84%. His holdings were 1,707,100 shares as of 06/30/2012.

New Purchase: Spdr Barclays Cptl Shrt Term Corp Bd Etf (SCPB)

Ken Fisher initiated holdings in Spdr Barclays Cptl Shrt Term Corp Bd Etf. His purchase prices were between $30.37 and $30.56, with an estimated average price of $30.47. The impact to his portfolio due to this purchase was 0.76%. His holdings were 8,623,100 shares as of 06/30/2012.

New Purchase: Domino's Pizza, Inc. (DPZ)

Ken Fisher initiated holdings in Domino's Pizza, Inc.. His purchase prices were between $28.72 and $37.11, with an estimated average price of $32.36. The impact to his portfolio due to this purchase was 0.21%. His holdings were 2,349,490 shares as of 06/30/2012.

New Purchase: Veeco Instruments Inc. (VECO)

Ken Fisher initiated holdings in Veeco Instruments Inc.. His purchase prices were between $26.4 and $37.34, with an estimated average price of $32.19. The impact to his portfolio due to this purchase was 0.2%. His holdings were 1,987,185 shares as of 06/30/2012.

Added: Starbucks Corporation (SBUX)

Ken Fisher added to his holdings in Starbucks Corporation by 1705.96%. His purchase prices were between $51.42 and $61.28, with an estimated average price of $55.52. The impact to his portfolio due to this purchase was 1.42%. His holdings were 9,967,073 shares as of 06/30/2012.

Added: Mcdonald's Corporation (MCD)

Ken Fisher added to his holdings in Mcdonald's Corporation by 238729%. His purchase prices were between $86.33 and $98.81, with an estimated average price of $92.71. The impact to his portfolio due to this purchase was 1.4%. His holdings were 5,411,858 shares as of 06/30/2012.

Added: Visa Inc (V)

Ken Fisher added to his holdings in Visa Inc by 174717%. His purchase prices were between $112.3 and $124.08, with an estimated average price of $118.95. The impact to his portfolio due to this purchase was 1.2%. His holdings were 3,269,071 shares as of 06/30/2012.

Added: Cisco Systems, Inc. (CSCO)

Ken Fisher added to his holdings in Cisco Systems, Inc. by 34630.6%. His purchase prices were between $15.99 and $21.18, with an estimated average price of $18.06. The impact to his portfolio due to this purchase was 1.1%. His holdings were 21,345,441 shares as of 06/30/2012.

Added: Novo Nordisk A/s (adr) (NVO)

Ken Fisher added to his holdings in Novo Nordisk A/s (adr) by 519.97%. His purchase prices were between $129.91 and $151.9, with an estimated average price of $142.22. The impact to his portfolio due to this purchase was 1.01%. His holdings were 2,786,828 shares as of 06/30/2012.

Added: Sap Ag (adr) (SAP)

Ken Fisher added to his holdings in Sap Ag (adr) by 498.4%. His purchase prices were between $55.08 and $70.35, with an estimated average price of $61.46. The impact to his portfolio due to this purchase was 1%. His holdings were 6,734,773 shares as of 06/30/2012.

Added: The Coca-cola Company (KO)

Ken Fisher added to his holdings in The Coca-cola Company by 64097.5%. His purchase prices were between $71.96 and $77.46, with an estimated average price of $74.95. The impact to his portfolio due to this purchase was 1%. His holdings were 4,580,490 shares as of 06/30/2012.

Added: Fanuc Corp Unsp/adr (FANUY)

Ken Fisher added to his holdings in Fanuc Corp Unsp/adr by 458.51%. His purchase prices were between $26.13 and $30.66, with an estimated average price of $28.39. The impact to his portfolio due to this purchase was 0.99%. His holdings were 15,268,676 shares as of 06/30/2012.

Added: Nike, Inc. (NKE)

Ken Fisher added to his holdings in Nike, Inc. by 7169.78%. His purchase prices were between $86.11 and $114.3, with an estimated average price of $106.93. The impact to his portfolio due to this purchase was 0.93%. His holdings were 3,699,011 shares as of 06/30/2012.

Added: Celgene Corporation (CELG)

Ken Fisher added to his holdings in Celgene Corporation by 1469.11%. His purchase prices were between $59.35 and $80.02, with an estimated average price of $70.74. The impact to his portfolio due to this purchase was 0.91%. His holdings were 5,231,453 shares as of 06/30/2012.

Added: Lvmh Moet Hennessy Louis Vuitton Sa(adr) (LVMUY)

Ken Fisher added to his holdings in Lvmh Moet Hennessy Louis Vuitton Sa(adr) by 448.89%. His purchase prices were between $27.97 and $35.15, with an estimated average price of $31.34. The impact to his portfolio due to this purchase was 0.9%. His holdings were 12,856,859 shares as of 06/30/2012.

Added: Asml Holding N.v. (adr) (ASML)

Ken Fisher added to his holdings in Asml Holding N.v. (adr) by 278.02%. His purchase prices were between $44.18 and $51.79, with an estimated average price of $48.32. The impact to his portfolio due to this purchase was 0.71%. His holdings were 6,466,545 shares as of 06/30/2012.

Added: Philip Morris International Inc. (PM)

Ken Fisher added to his holdings in Philip Morris International Inc. by 19463.9%. His purchase prices were between $81.29 and $90.44, with an estimated average price of $86.48. The impact to his portfolio due to this purchase was 0.68%. His holdings were 2,686,714 shares as of 06/30/2012.

Added: Companhia De Bebidas Das Americas (adr) (ABV)

Ken Fisher added to his holdings in Companhia De Bebidas Das Americas (adr) by 226.73%. His purchase prices were between $36 and $44, with an estimated average price of $39.56. The impact to his portfolio due to this purchase was 0.64%. His holdings were 8,335,598 shares as of 06/30/2012.

Added: Qualcomm, Inc. (QCOM)

Ken Fisher added to his holdings in Qualcomm, Inc. by 63.32%. His purchase prices were between $54.12 and $68.49, with an estimated average price of $60.73. The impact to his portfolio due to this purchase was 0.58%. His holdings were 9,285,866 shares as of 06/30/2012.

Added: The Procter & Gamble Company (PG)

Ken Fisher added to his holdings in The Procter & Gamble Company by 57.49%. His purchase prices were between $59.21 and $67.73, with an estimated average price of $63.84. The impact to his portfolio due to this purchase was 0.44%. His holdings were 6,544,937 shares as of 06/30/2012.

Added: Franklin Resources, Inc. (BEN)

Ken Fisher added to his holdings in Franklin Resources, Inc. by 18133.7%. His purchase prices were between $102 and $126.69, with an estimated average price of $114.08. The impact to his portfolio due to this purchase was 0.43%. His holdings were 1,338,538 shares as of 06/30/2012.

Added: Tata Motors Limited (adr) (TTM)

Ken Fisher added to his holdings in Tata Motors Limited (adr) by 475.23%. His purchase prices were between $20.05 and $30.43, with an estimated average price of $25.18. The impact to his portfolio due to this purchase was 0.23%. His holdings were 4,553,102 shares as of 06/30/2012.

Added: Ecopetrol S.a. (adr) (EC)

Ken Fisher added to his holdings in Ecopetrol S.a. (adr) by 198.17%. His purchase prices were between $53.59 and $67, with an estimated average price of $60.57. The impact to his portfolio due to this purchase was 0.21%. His holdings were 1,977,183 shares as of 06/30/2012.

Reduced: Royal Dutch Shell Plc (adr) (RDS.A)

Ken Fisher reduced to his holdings in Royal Dutch Shell Plc (adr) by 99.61%. His sale prices were between $61.14 and $71.33, with an estimated average price of $66.27. The impact to his portfolio due to this sale was -1.69%. Ken Fisher still held 35,198 shares as of 06/30/2012.

Reduced: Ishares Ftse/xinhua China 25 Index (etf) (FXI)

Ken Fisher reduced to his holdings in Ishares Ftse/xinhua China 25 Index (etf) by 99.35%. His sale prices were between $31.82 and $38.04, with an estimated average price of $35.06. The impact to his portfolio due to this sale was -1.69%. Ken Fisher still held 109,587 shares as of 06/30/2012.

Reduced: National-oilwell Varco, Inc. (NOV)

Ken Fisher reduced to his holdings in National-oilwell Varco, Inc. by 99.48%. His sale prices were between $60.35 and $80.58, with an estimated average price of $70.56. The impact to his portfolio due to this sale was -1.49%. Ken Fisher still held 36,744 shares as of 06/30/2012.

Reduced: Ppg Industries, Inc. (PPG)

Ken Fisher reduced to his holdings in Ppg Industries, Inc. by 99.41%. His sale prices were between $93.75 and $107.79, with an estimated average price of $101.65. The impact to his portfolio due to this sale was -1.49%. Ken Fisher still held 33,487 shares as of 06/30/2012.

Reduced: Exxon Mobil Corporation (XOM)

Ken Fisher reduced to his holdings in Exxon Mobil Corporation by 96.29%. His sale prices were between $77.87 and $86.86, with an estimated average price of $83.11. The impact to his portfolio due to this sale was -1.44%. Ken Fisher still held 247,497 shares as of 06/30/2012.

Reduced: Unilever N.v. (adr) (UN)

Ken Fisher reduced to his holdings in Unilever N.v. (adr) by 99.47%. His sale prices were between $30.73 and $34.86, with an estimated average price of $32.73. The impact to his portfolio due to this sale was -1.39%. Ken Fisher still held 79,741 shares as of 06/30/2012.

Reduced: Ishares Msci Cntry Asa Jpn Idx Fnd(etf) (AAXJ)

Ken Fisher reduced to his holdings in Ishares Msci Cntry Asa Jpn Idx Fnd(etf) by 99.32%. His sale prices were between $49.4 and $57.26, with an estimated average price of $53.28. The impact to his portfolio due to this sale was -1.29%. Ken Fisher still held 60,220 shares as of 06/30/2012.

Reduced: Vale Sa (adr) (VALE)

Ken Fisher reduced to his holdings in Vale Sa (adr) by 98.73%. His sale prices were between $17.96 and $23.8, with an estimated average price of $20.48. The impact to his portfolio due to this sale was -1.28%. Ken Fisher still held 269,442 shares as of 06/30/2012.

Reduced: Occidental Petroleum Corporation (OXY)

Ken Fisher reduced to his holdings in Occidental Petroleum Corporation by 97.31%. His sale prices were between $76.98 and $96.53, with an estimated average price of $85.41. The impact to his portfolio due to this sale was -1.27%. Ken Fisher still held 132,705 shares as of 06/30/2012.

Reduced: Bhp Billiton Limited (adr) (BHP)

Ken Fisher reduced to his holdings in Bhp Billiton Limited (adr) by 99.39%. His sale prices were between $60.53 and $74.94, with an estimated average price of $67.23. The impact to his portfolio due to this sale was -1.19%. Ken Fisher still held 37,241 shares as of 06/30/2012.

Reduced: Coach, Inc. (COH)

Ken Fisher reduced to his holdings in Coach, Inc. by 99.31%. His sale prices were between $57.1 and $78.05, with an estimated average price of $68.45. The impact to his portfolio due to this sale was -1.19%. Ken Fisher still held 40,379 shares as of 06/30/2012.

Reduced: Dover Corporation (DOV)

Ken Fisher reduced to his holdings in Dover Corporation by 99.37%. His sale prices were between $51.75 and $64.03, with an estimated average price of $58.21. The impact to his portfolio due to this sale was -1.19%. Ken Fisher still held 44,128 shares as of 06/30/2012.

Reduced: Deere & Company (DE)

Ken Fisher reduced to his holdings in Deere & Company by 99.56%. His sale prices were between $70.8 and $83.58, with an estimated average price of $77.55. The impact to his portfolio due to this sale was -1.1%. Ken Fisher still held 23,438 shares as of 06/30/2012.

Reduced: Honda Motor Co Ltd (adr) (HMC)

Ken Fisher reduced to his holdings in Honda Motor Co Ltd (adr) by 99.33%. His sale prices were between $30.58 and $38.87, with an estimated average price of $33.88. The impact to his portfolio due to this sale was -1.09%. Ken Fisher still held 69,025 shares as of 06/30/2012.

Reduced: Wal-mart Stores, Inc. (WMT)

Ken Fisher reduced to his holdings in Wal-mart Stores, Inc. by 99.45%. His sale prices were between $57.77 and $68.86, with an estimated average price of $62.97. The impact to his portfolio due to this sale was -0.93%. Ken Fisher still held 31,698 shares as of 06/30/2012.

Reduced: Medtronic, Inc. (MDT)

Ken Fisher reduced to his holdings in Medtronic, Inc. by 99.31%. His sale prices were between $35.89 and $39.39, with an estimated average price of $37.69. The impact to his portfolio due to this sale was -0.91%. Ken Fisher still held 60,541 shares as of 06/30/2012.

Reduced: Honeywell International Inc. (HON)

Ken Fisher reduced to his holdings in Honeywell International Inc. by 96.52%. His sale prices were between $53.1 and $61.32, with an estimated average price of $57.41. The impact to his portfolio due to this sale was -0.87%. Ken Fisher still held 192,267 shares as of 06/30/2012.

Reduced: Eog Resources, Inc. (EOG)

Ken Fisher reduced to his holdings in Eog Resources, Inc. by 99.79%. His sale prices were between $84.45 and $113.05, with an estimated average price of $100.37. The impact to his portfolio due to this sale was -0.85%. Ken Fisher still held 6,008 shares as of 06/30/2012.

Reduced: Hitachi, Ltd. (adr) (HIT)

Ken Fisher reduced to his holdings in Hitachi, Ltd. (adr) by 99.52%. His sale prices were between $62.57 and $66.74, with an estimated average price of $64.27. The impact to his portfolio due to this sale was -0.74%. Ken Fisher still held 20,747 shares as of 06/30/2012.

Reduced: Ishares Barclays Tips Bond Fund (etf) (TIP)

Ken Fisher reduced to his holdings in Ishares Barclays Tips Bond Fund (etf) by 99.14%. His sale prices were between $117.29 and $121, with an estimated average price of $119.61. The impact to his portfolio due to this sale was -0.69%. Ken Fisher still held 19,130 shares as of 06/30/2012.

Reduced: Anglo American Plc (adr) (AAUKY)

Ken Fisher reduced to his holdings in Anglo American Plc (adr) by 98.69%. His sale prices were between $14.75 and $19.34, with an estimated average price of $17.12. The impact to his portfolio due to this sale was -0.66%. Ken Fisher still held 176,883 shares as of 06/30/2012.

Reduced: Union Pacific Corporation (UNP)

Ken Fisher reduced to his holdings in Union Pacific Corporation by 99.13%. His sale prices were between $104.95 and $118.53, with an estimated average price of $111.29. The impact to his portfolio due to this sale was -0.55%. Ken Fisher still held 16,809 shares as of 06/30/2012.

Reduced: Banco Santander, S.a. (adr) (SAN)

Ken Fisher reduced to his holdings in Banco Santander, S.a. (adr) by 97.94%. His sale prices were between $5.22 and $87.56, with an estimated average price of $16.93. The impact to his portfolio due to this sale was -0.55%. Ken Fisher still held 560,287 shares as of 06/30/2012.

Reduced: Mosaic Co (MOS)

Ken Fisher reduced to his holdings in Mosaic Co by 99.61%. His sale prices were between $45.47 and $55.41, with an estimated average price of $50.2. The impact to his portfolio due to this sale was -0.54%. Ken Fisher still held 14,506 shares as of 06/30/2012.

Reduced: Tiffany & Co. (TIF)

Ken Fisher reduced to his holdings in Tiffany & Co. by 99.63%. His sale prices were between $50.66 and $69.6, with an estimated average price of $61.06. The impact to his portfolio due to this sale was -0.51%. Ken Fisher still held 10,260 shares as of 06/30/2012.

Reduced: Netapp Inc. (NTAP)

Ken Fisher reduced to his holdings in Netapp Inc. by 99.63%. His sale prices were between $28.61 and $46.3, with an estimated average price of $35.33. The impact to his portfolio due to this sale was -0.48%. Ken Fisher still held 14,943 shares as of 06/30/2012.

Reduced: Cheung Kong (holdings) Limited (adr) (CHEUY)

Ken Fisher reduced to his holdings in Cheung Kong (holdings) Limited (adr) by 99.53%. His sale prices were between $11.17 and $13.4, with an estimated average price of $12.28. The impact to his portfolio due to this sale was -0.41%. Ken Fisher still held 55,418 shares as of 06/30/2012.

Reduced: Vale Sa (adr) (VALE.P)

Ken Fisher reduced to his holdings in Vale Sa (adr) by 83.62%. His sale prices were between $17.42 and $24.25, with an estimated average price of $19.97. The impact to his portfolio due to this sale was -0.24%. Ken Fisher still held 780,236 shares as of 06/30/2012.

Here is the complete portfolio of Ken Fisher. Also check out the Undervalued Stocks, Top Growth Companies, and High Yield stocks of Ken Fisher.




Guru Discussed: Ken Fisher: Current Portfolio, Stock Picks
Stocks Discussed: SBUX, MCD, V, CSCO, CRM, LVS,
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Rating: 2.3/5 (10 votes)



Re Ken Fisher Buys Q2 Update SBUX MCD V CSCO CRM LVS
Posted by: SapientInvestor (IP Logged)
Date: July 24, 2012 05:36PM

He also bought salesforce.com

I don't think I will be following him anymore.



Guru Discussed: Ken Fisher: Current Portfolio, Stock Picks
Stocks Discussed: SBUX, MCD, V, CSCO, CRM, LVS,
Rate this post:

Rating: 3.0/5 (2 votes)



Re Ken Fisher Buys Q2 Update SBUX MCD V CSCO CRM LVS
Posted by: sww (IP Logged)
Date: July 24, 2012 11:35PM

Wow what a laundry list... Wonder what type of return this guy is having for the last 40 years?

With so much money pouring into his fund, the helpers fee is sure great.

But where is his customer's yachts?



Guru Discussed: Ken Fisher: Current Portfolio, Stock Picks
Stocks Discussed: SBUX, MCD, V, CSCO, CRM, LVS,
Rate this post:

Rating: 3.0/5 (1 vote)



Re Ken Fisher Buys Q2 Update SBUX MCD V CSCO CRM LVS
Posted by: sww (IP Logged)
Date: July 24, 2012 11:45PM

According to gurufocus.com

http://www.gurufocus.com/profile/Ken+Fisher

10-Year Cumulative38.2

That's less than 3.3% compound for 10 years and my 94 years old mom can be a guru too, she park her money in T-bills and I think she beat this guy hands down for the last 10 years.

5-Year Cumulative - 2.9%

What a great return.



Guru Discussed: Ken Fisher: Current Portfolio, Stock Picks
Stocks Discussed: SBUX, MCD, V, CSCO, CRM, LVS,
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Rating: 0.0/5 (0 votes)





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