Ken Fisher Keeps Buying These 9 Stocks

Guru increased these holdings in the last 2 quarters

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May 08, 2017
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Ken Fisher (Trades, Portfolio) is the CEO and chief investment officer of Fisher Investments. He has been writing Forbes' prestigious "Portfolio Strategy" column for more than two decades. In both first-quarter 2017 and fourth-quarter 2016 the guru bought shares in the following stocks.

Palo Alto Networks Inc. (PANW)

During the fourth quarter, the guru increased the position by 72.45%. In the first quarter, he increased the holding by 2.21%. The guru holds 0.01% of the company’s outstanding shares.

Palo Alto Networks offers enterprise network security through its platform that allows enterprises, service providers and government entities to secure their organizations by safely enabling applications running on their networks.

Frank Sands (Trades, Portfolio) is the largest shareholder among the gurus with 4.14% of outstanding shares followed by Jim Simons (Trades, Portfolio) with 2%, Spiros Segalas (Trades, Portfolio) with 1.95%, Pioneer Investments (Trades, Portfolio) with 0.08% and Steven Cohen (Trades, Portfolio) with 0.03%.

Allergan PLCĂ‚ (AGN)

The investor increased his position by 0.60% during the fourth quarter and by 25.96% in the first quarter.

Allergan is a specialty pharmaceutical company. The company is engaged in developing, manufacturing and distributing generic, brand and biosimilar products.

The largest shareholder among the gurus is Vanguard Health Care Fund (Trades, Portfolio) with 3.77% of outstanding shares followed by David Tepper (Trades, Portfolio) with 1.27%, John Paulson (Trades, Portfolio) with 1.06%, Seth Klarman (Trades, Portfolio) with 1.02%, Paul Singer (Trades, Portfolio) with 0.82% and John Griffin (Trades, Portfolio) with 0.46%.

Unilever NV ADRĂ‚ (UN)

During the fourth quarter, the guru increased his holding by 8.05% and again by 14.84% in the first quarter.

Unilever is a supplier of fast-moving consumer goods. Its areas of operations are Personal Care, Home Care, Foods and Refreshment.

Tom Russo (Trades, Portfolio) is the largest shareholder among the gurus with 0.5% of outstanding shares followed by Yacktman Fund (Trades, Portfolio) with 0.07%, Tweedy Browne (Trades, Portfolio) with 0.03%, Yacktman Focused Fund (Trades, Portfolio) with 0.01% and Simons with 0.01%.

Grupo Financiero Galicia SA ADRĂ‚ (GGAL)

During the fourth quarter, the guru increased his position by 10.81% and in the first quarter increased it by 9.76%. The guru holds 0.01% of the company’s outstanding shares.

Grupo Financiero Galicia, through its subsidiaries, provides banking, insurance and investment services. It offers financial products and services to large corporations, small and medium-sized companies and individuals.

The largest shareholder among the gurus is RS Investment Management (Trades, Portfolio) with 0.11% of outstanding shares followed by Caxton Associates (Trades, Portfolio) with 0.05%.

Lowe's Companies Inc. (LOW)

During the fourth quarter, the guru increased his position by 10.53% and in the first quarter increased it again by 1.27%.

Lowe's Companies is a home improvement retailer. It serves home owners, renters and commercial business customers.

Barrow, Hanley, Mewhinney & Strauss is the largest shareholder among the gurus with 0.86% of outstanding shares followed by Larry Robbins (Trades, Portfolio) with 0.48%, Cohen with 0.18%, Simons with 0.13%, First Eagle Investment (Trades, Portfolio) with 0.12%, David Carlson (Trades, Portfolio) with 0.11%, PRIMECAP Management (Trades, Portfolio) with 0.11% and Tom Gayner (Trades, Portfolio) with 0.07%.

Starbucks Corp. (SBUX)

The guru increased the position by 19.07% during the fourth quarter and by 16.87% in the first quarter.

Starbucks is the roaster, marketer and retailer of specialty coffee, operating globally. It sells a variety of coffee and tea products. It sells goods and services under brands includingTeavana, Tazo and Seattle's Best Coffee.

The largest shareholder among the gurus is Segalas with 0.55% of outstanding shares followed by Pioneer Investments with 0.45%, Simons with 0.14%, Caxton Associates with 0.01%, Mario Gabelli (Trades, Portfolio) with 0.01% and RS Investment Management with 0.01%.

Lockheed Martin Corp. (LMT)

During the fourth quarter, the investor increased the position by 11.04% and in the first quarter increased it by 13.38%.

Lockheed Martin is a security and aerospace company. It is engaged in the research, design, development, manufacture, integration and sustainment of technology systems, products and services.

Simons is the largest shareholder among the gurus with 0.24% of outstanding shares followed by Joel Greenblatt (Trades, Portfolio) with 0.04%, Manning & Napier Advisors Inc. with 0.02%, John Rogers (Trades, Portfolio) with 0.01% and John Burbank (Trades, Portfolio) with 0.01%.

Abbott Laboratories (ABT)

During the fourth quarter the investor increased his position by 18.97% and in the first quarter of 2017 increased it by 12.59%.

Abbott Laboratories discovers, develops, manufactures and sells health care products. Its products include branded generic pharmaceuticals manufactured internationally, marketed and sold outside the U.S.

The largest shareholder among the gurus is PRIMECAP Management with 0.86% of outstanding shares followed by Diamond Hill Capital (Trades, Portfolio) with 0.71%, Vanguard Health Care Fund with 0.62%, Richard Pzena (Trades, Portfolio) with 0.29%, Jeremy Grantham (Trades, Portfolio) with 0.26%, Simons with 0.17%, Mairs and Power (Trades, Portfolio) with 0.08%, Greenblatt with 0.06% and Carlson with 0.02%.

Thermo Fisher Scientific Inc. (TMO)

The investor increased his holding by 15.18% during the fourth quarter and in the first quarter added to the position by 52.43%.

Thermo Fisher Scientific offers analytical instruments, laboratory equipment, software, services, consumables, reagents, chemicals and supplies to pharmaceutical and biotech companies, hospitals and clinical diagnostic labs.

PRIMECAP Management is the largest shareholder among the gurus with 1.36% of outstanding shares followed by Vanguard Health Care Fund with 0.99%, Robbins with 0.94%, Pioneer Investments with 0.56%, First Pacific Advisors (Trades, Portfolio) with 0.37%, Steven Romick (Trades, Portfolio) with 0.29%, Simons with 0.21% and Diamond Hill Capital with 0.17%.

Disclosure: I do not own any shares of any stocks mentioned in this article.

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