Sign in Subscribe
Petroleum industry

Kenneth Fisher's Q1 2010 Portfolio Holdings and Investments

Strategic Insights

— 1 min read

Kenneth Fisher, a prominent investor, is exhibiting optimism about the stock market, expecting a "bull market chapter 2." He remains heavily invested in international stocks, with his top holdings reflecting a mix of energy, technology, and transportation companies. Notably, Fisher reduced his stakes in Occidental Petroleum Corp., Anadarko Petroleum Corp., and Siemens Aktiengesellschaft, while adding new positions in Vanguard Emerging Markets Etf, Kansas City Southern, Cytec Industries Inc., and Gamestop Corp.

Key Takeaways:

  • Kenneth Fisher reduced his holdings in Occidental Petroleum Corp. (OXY) by 1.53%, totaling 8,239,975 shares or 2.11% of the IMCSI Emerging Markets Index Fund (EEM) portfolio.
  • He reduced his holdings in Anadarko Petroleum Corp. (APC) by 0.37%, amounting to 9,532,838 shares or 2.1% of the EEM portfolio.
  • Fisher added 575,960 shares of Vanguard Emerging Markets Etf (VWO) to his portfolio, increasing his holdings by 399.65%, with an estimated average purchase price of $40.39.
  • He increased his holdings in Kansas City Southern (KSU) by 22.36%, adding 2,300,364 shares with an estimated average purchase price of $33.60.
  • The market cap of Kansas City Southern is $3.65 billion, with shares traded at around $37.8 and a P/E ratio of 60.
  • Fisher also added 1,973,281 shares of Cytec Industries Inc. (CYT) to his portfolio, increasing his holdings by 20.39%, with an estimated average purchase price of $41.49.
  • He purchased 1,349,318 shares of Gamestop Corp. (GME), growing his holdings by 105.74%, with an estimated average purchase price of $20.01.

Statistics:

  • As of 03/31/2010, Fisher's holdings in Vanguard Emerging Markets Etf (VWO) comprised 575,960 shares, representing an estimated 0.06% impact on his portfolio.
  • The market cap of Vanguard Emerging Markets Etf is $23.21 billion, with a dividend yield of 1.3%.
  • Kenneth Fisher's purchase of Vanguard Emerging Markets Etf shares had an estimated average price of $40.39, with an estimated total value of $23.2 million.
  • As of 03/31/2010, Gamestop Corp. shares were traded at around $25.93.

Sources:

  • Euclid Infotech Pvt. Ltd.
  • Syndigate.info
  • Albawaba.com

Read more