Ken Fisher recently filed their 13F report for the fourth quarter of 2022, which ended on 2022-12-31.
The 13F report details which stocks were in a guru’s equity portfolio at the end of the quarter, though investors should note that these filings are limited in scope, containing only a snapshot of long positions in U.S.-listed stocks and American depository receipts as of the quarter’s end. They are not required to include international holdings, short positions or other types of investments. Still, even this limited filing can provide valuable information.
Ken Fisher (Trades, Portfolio) is the Chief Executive Officer and Chief Investment Officer of Fisher Investments. He has been writing Forbes' prestigious "Portfolio Strategy" column for over two decades, making him one of the longest running columnists in the magazine's 85+ year history. During his many years of money management and market commentary, Ken has distinguished himself by making numerous, accurate market calls, often in direct opposition to Wall Street's consensus forecast. He is the son of legendary investor Philip A. Fisher, and Ken is the only industry professional his father ever trained. Ken has also written three major finance books, including the 1984 Dow Jones best-seller, Super Stocks, and has been published and/or interviewed in many major global finance and business periodicals.
As of the latest 13F report, the guru’s equity portfolio contained 1010 stocks valued at a total of $147.90Bil. The top holdings were AAPL(5.26%), MSFT(4.57%), and VCIT(2.94%).
According to GuruFocus data, these were Ken Fisher (Trades, Portfolio)’s top five trades of the quarter.
Vanguard Intermediate-Term Corporate Bond ETF
During the quarter, Ken Fisher (Trades, Portfolio) bought 10,681,374 shares of NAS:VCIT for a total holding of 56,111,982. The trade had a 0.5600000000000001% impact on the equity portfolio. During the quarter, the stock traded for an average price of $76.47.
On 02/06/2023, Vanguard Intermediate-Term Corporate Bond ETF traded for a price of $79.98999999999999 per share and a market cap of $41.02Bil. The stock has returned -7.72% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
iShares iBoxx USD Investment Grade Corporate Bond ETF
Ken Fisher (Trades, Portfolio) reduced their investment in ARCA:LQD by 6,527,047 shares. The trade had a 0.5% impact on the equity portfolio. During the quarter, the stock traded for an average price of $104.09.
On 02/06/2023, iShares iBoxx USD Investment Grade Corporate Bond ETF traded for a price of $109.69 per share and a market cap of $39.50Bil. The stock has returned -9.68% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
SPDR Portfolio Long Term Treasury ETF
During the quarter, Ken Fisher (Trades, Portfolio) bought 19,411,205 shares of ARCA:SPTL for a total holding of 51,587,308. The trade had a 0.38% impact on the equity portfolio. During the quarter, the stock traded for an average price of $29.15.
On 02/06/2023, SPDR Portfolio Long Term Treasury ETF traded for a price of $30.7 per share and a market cap of $6.42Bil. The stock has returned -20.65% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
iShares 20 Year Treasury Bond ETF
Ken Fisher (Trades, Portfolio) reduced their investment in NAS:TLT by 4,839,509 shares. The trade had a 0.37% impact on the equity portfolio. During the quarter, the stock traded for an average price of $100.32.
On 02/06/2023, iShares 20+ Year Treasury Bond ETF traded for a price of $105.91 per share and a market cap of $30.77Bil. The stock has returned -21.95% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
Marvell Technology Inc
Ken Fisher (Trades, Portfolio) reduced their investment in NAS:MRVL by 10,290,635 shares. The trade had a 0.33% impact on the equity portfolio. During the quarter, the stock traded for an average price of $40.82.
On 02/06/2023, Marvell Technology Inc traded for a price of $45.03 per share and a market cap of $38.42Bil. The stock has returned -36.32% over the past year.
GuruFocus gives the company a financial strength rating of 6 out of 10 and a profitability rating of 6 out of 10.
In terms of valuation, Marvell Technology Inc has a price-book ratio of 2.47, a EV-to-Ebitda ratio of 26.06 and a price-sales ratio of 6.55.
The price-to-GF Value ratio is 0.63, earning the stock a GF Value rank of 8.
Please note, the numbers and facts quoted are as of the writing of this article and may not factor in the latest trading data or company announcements.
When GuruFocus covers insider information, we only track open market or the private purchase and sale of common stock with the transaction code of P or S. Therefore, all the transactions mentioned in this article are only the ones with transaction code of P or S.
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