Ken Fisher's Top Third Quarter Increases

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KCEO and CIO of Fisher Investments, Ken Fisher , had a pretty busy third quarter. Fisher purchased a total of 57 new stocks and sold out of 48 others. His third quarter portfolio holds 499 stocks and is valued at over $40.5 billion. The following five stocks represent the five companies where Fisher made the largest increase in holdings.

Goldman Sachs Group ( GS )

Over the past quarter Fisher made his largest increase in Goldman Sachs. The guru upped his stake 10497.6% by purchasing a total of 244,910 shares of the company's stock. Fisher bought these shares in the third quarter price range of $150.43 to $169.75, with an estimated average quarterly price of $160.99. Since then the price per share has dropped a slight -1.3%.

Fisher now holds on to a total of 247,243 shares, representing 0.06% of the company's shares outstanding and 0.096% of Fisher's total portfolio.

Since 2008Q2, Ken Fisher has seen average gains on shares bought of around 14%.

Fisher's historical holding history:

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Goldman Sachs Group is a bank holding company and a financial holding company regulated by the Board of Governors of the Federal Reserve System. It is global investment banking, securities and investment management firm that provides a range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals.

Goldman Sachs' historical revenue and net income:



The analysis on Goldman Sachs reports that the dividend yield is at a 1-year low, the price is nearing a 3-year high, its revenue has been in decline for the past three years and its operating margin is expanding.

The Peter Lynch Chart suggests that the company is currently undervalued :



Goldman Sachs has a market cap of $71.59 billion. Its shares are currently trading at around $159.40 with a P/E ratio of 9.70, a P/S ratio of 2.20 and a P/B ratio of 1.00. The company had an annual average earnings growth of 5.10% over the past ten years.

Ford Motor Co. ( F )

Ken Fisher upped his stake in Ford Motors 7540.66% over the third quarter. The guru purchased a total of 1,495,992 shares in the third quarter price range of $15.74 to $17.66, with an estimated average quarterly price of $16.89. Since then the price is up about 4.2%.

Fisher now holds on to 1,515,831 shares, representing 0.04% of Ford's shares outstanding and 0.063% of his total portfolio.

Fisher's historical holding history:

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Ford is a producer of cars and trucks. It and its subsidiaries also engage in other businesses, including financing vehicles. The company operates in two sectors: Automotive and Financial Services.

Ford Motor's historical revenue and net income:



The analysis on Ford reports that the company's revenue has been in decline over the past five years, its price is nearing a 10-year high and its dividend yield is nearing a 5-year high.

The Peter Lynch Chart suggests that the company is currently undervalued :



Ford Motor has a market cap of $69.5 billion. Its shares are currently trading at around $17.64 with a P/E ratio of 11.50, a P/S ratio of 0.50 and a P/B ratio of 3.60. The company's dividend yield is currently at 2%.

United Parcel Service ( UPS )

Over the past quarter Fisher purchased a total of 320,943 shares of UPS, representing a 3933.61% increase in his holdings. The guru purchased these shares in the third quarter price range of $85.48 to $91.70, with an estimated average quarterly price of $87.89. Since then the price per share has increased approximately 7%.

Fisher now holds on to 329,102 shares, representing 0.04% of the company's shares outstanding and 0.074% of his total portfolio.

Fisher's historical holding history of UPS:

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United Parcel Service, or UPS, is a package delivery organization less-than-truckload industry and the premier provider of global supply chain management solutions.

UPS's historical revenue and net income:



The analysis on UPS reports that its dividend yield is nearing a 5-year low, over the past five years the company has issued $1.5 billion of debt, its price is at a 10-year high and its operating margin is expanding.

The Peter Lynch Chart suggests that the company is currently overvalued :



UPS has a market cap of $88.2 billion. Its shares are currently trading at around $94 with a P/E ratio of 109.60, a P/S ratio of 1.70 and a P/B ratio of 24.40. The dividend yield of UPS stocks is currently at 2.60%.

Union Pacific ( UNP )

Fisher upped his stake in Union Pacific by 1824.69%, making it his fourth largest position increase of the quarter. The guru bought 97,694 shares in the third quarter price range of $153.54 to $163.37, with an estimated average quarterly price of $158.05. Since then the price per share has decreased approximately -1.9%.

Fisher now holds on to 103,048 shares, representing 0.02% of the company's shares outstanding and 0.039% of his total portfolio.

Fisher's historical holding history:

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Union Pacific is one of the America's lead rail transporting companies and its main operating company is Union Pacific Railroad Company. The company links 23 states in the western two-thirds of the country by rail, providing a critical link in the global supply chain.

Union Pacific's historical revenue and net income:



The analysis on Union Pacific reports that the company's price is nearing a 10-year high, its revenue has shown predictable revenue and earnings growth and its operating margin is expanding.

The Peter Lynch Chart suggests that the company is currently overvalued :



Union Pacific has a market cap of $71.44 billion. Its shares are currently trading at around $155.11 with a P/E ratio of 17.50, a P/S ratio of 3.30 and a P/B ratio of 3.40. The company had an annual average earnings growth of 14.80% over the past ten years.

GuruFocus rated Union Pacific the business predictability rank of 4-star.

Boeing Co ( BA )

Fisher's fifth largest increase of the quarter came from Boeing Co. The guru increased his position 893.19% by purchasing a total of 196,134 shares. He bought these shares in the third quarter price range of $101.47 to $119.04, with an estimated average quarterly price of $107.71. The price per share has since then increased approximately 13.4%.

Fisher now owns a total of 218,134 shares of Boeing, representing 0.063% of his total portfolio and 0.03% of the company's shares outstanding.

Fisher's holding history as of the close of the third quarter:

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Boeing is engaged in the design, development, manufacture, sale and support of commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems and services.

Boeing's historical revenue and net income:



The analysis on Boeing reports that the company's dividend yield is at a 5-year low, its price is near a 10-year high, its operating margin is expanding and it has shown predictable revenue and earnings growth.

The Peter Lynch Chart suggests that the company is currently overvalued :



Boeing Co has a market cap of $92.25 billion. Its shares are currently trading at around $122.27 with a P/E ratio of 22.10, a P/S ratio of 1.10 and a P/B ratio of 12.10. The company had an annual average earnings growth of 14.20% over the past ten years.

GuruFocus rated Boeing the business predictability rank of 3-star.

Check out Ken Fisher's complete third quarter portfolio here.

Try a free 7-day GuruFocus Premium Membership. About GuruFocus: GuruFocus.com tracks the stocks picks and portfolio holdings of the world's best investors. This value investing site offers stock screeners and valuation tools. And publishes daily articles tracking the latest moves of the world's best investors. GuruFocus also provides promising stock ideas in 3 monthly newsletters sent to Premium Members .



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Stocks

Referenced Stocks: BA , F , GS , UNP , UPS

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