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7 Stocks Ken Fisher Continues to Buy

- By Tiziano Frateschi

Ken Fisher (Trades, Portfolio), t he founder of Fisher Investments, bought shares of the following stocks in both the fourth quarter of 2018 and first quarter of 2019.


ACI Worldwide Inc. (ACIW)

In the fourth quarter, the guru boosted his position by 239.24% and added 17.74% in the first quarter.

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With a market cap of $3.97 billion, the company develops software products. Its revenue of $1 billion has grown 2.30% over the last five years.

Fisher is the largest guru shareholder of the company with 0.9% of outstanding shares, followed by Chuck Royce (Trades, Portfolio) with 0.33% and Wallace Weitz (Trades, Portfolio) with 0.28%

Adobe Inc.(ADBE)

The investor added 298.24% to his holding in the fourth quarter and 76.12% in the first quarter.

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The software company has a market cap of $132.83 billion. Its revenue of $9.55 billion has grown 19.10% over the last five years.

The company's largest guru shareholder is PRIMECAP Management (Trades, Portfolio) with 4.06% of outstanding shares, followed by Steve Mandel (Trades, Portfolio) with 1.05%, Frank Sands (Trades, Portfolio) with 0.79% and Spiros Segalas (Trades, Portfolio) with 0.71%.

Align Technology Inc. (ALGN)

Fisher boosted his holding by 65.04% in the fourth quarter and by 139.68% in the first quarter.

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The orthodontics company has a market cap of $23.25 billion. Its revenue of $1.96 billion has climbed 24.90% over the last five years.

Sands is the largest guru shareholder of the company with 4.11% of outstanding shares, followed by Jim Simons (Trades, Portfolio)' Renaissance Technologies with 3.15% and Andreas Halvorsen (Trades, Portfolio) with 0.70%.

Anglo American PLC (NGLOY)

In the fourth quarter, the guru boosted the holding by 163.99% and added 2.33% in the first quarter.

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The mining company has a market cap of $39.60 billion. Its revenue of $27.60 billion has grown 4.40% over the last five years.

The company's largest guru shareholder is Fisher with 0.03% of outstanding shares.

Autodesk Inc. (ADSK)

The investor added 4.08% to his position in the fourth quarter and increased it 54.89% in the first quarter.

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The company, which provides computer-aided design software, has a market cap of $37.79 billion. Its revenue of $2.56 billion has increased 0.70% over the last five years.

With 1.75% of outstanding shares, Mandel is the company's largest guru shareholder, followed by Chase Coleman (Trades, Portfolio) with 0.40% and Jana Partners (Trades, Portfolio) with 0.17%.

Baozun Inc. (BZUN)

The guru added 0.05 to his stake in the fourth quarter and 71.07% in the first quarter.

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With a market cap of $2.61 billion, the company provides digital and e-commerce services. Its revenue of $807.02 million has grown 54.90% over the last five years.

Another notable guru shareholder is the Matthews Asia Small Companies Fund (Trades, Portfolio) with 0.07% of outstanding shares.

CNOOC Ltd. (CEO)

In the fourth quarter, Fisher increased the holding 28.85% and then boosted it 279.47% in the first quarter.

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The Chinese offshore oil and gas producer has a market cap of $83.90 billion. Its revenue of $34.75 billion has declined 9% over the last five years.

Simons' firm is the company's largest guru shareholder with 0.15% of outstanding shares, followed by Howard Marks (Trades, Portfolio) with 0.07%, Jeremy Grantham (Trades, Portfolio) with 0.01% and Lee Ainslie (Trades, Portfolio) with 0.01%.

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

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This article first appeared on GuruFocus.