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Ken Fisher is one of the most successful money managers around; for the year, his holdings increased in value from $44.3 billion to $47.6 billion. Ken Fisher’s portfolio currently has a total of 600 position, 81 of which are new and 252 have been increased. Notably, he increased his exposure to General Electric, Amazon and Apple and has initiated a position in search-giant Google. Here is a look at Fisher’s top four holdings.
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1. Johnson & Johnson: Fisher increased his stake in Johnson & Johnson by 4% this year. The household name comprises 2.3% of his portfolio with 10.4 million shares at a value of $1.09 billion.
2. American Express at one time took top position in Fisher’s portfolio, and now occupies second place after Fisher raised his stake in Johnson & Johnson. Fisher increased his holdings in American Express by 3%. Warren Buffett’s Berkshire Hathaway owns a substantial amount of the credit card company, with a more than $13.64 billion stake.
3. Apple replaced Pfizer in the #3 position, after Fisher bought half a million shares in the second quarter to total 10.47 million shares. Fisher’s Apple holding is worth nearly a billion and comprises 2.1% of his portfolio.
4. Wells Fargo is a holding Fisher increased 4% to 18.54 million shares worth $974.97 million.