Billionaire Ken Fisher Boosts His Stake in These Dividend Stocks

Billionaire Ken Fisher’s Fisher Asset Management has filed its quarterly 13F disclosure with the SEC, presenting its portfolio of equity holdings as of the end of the March quarter. The portfolio’s top positions continue to include large-cap, dividend-paying stocks such as Pfizer, Johnson & Johnson, Cisco Systems, General Electric, and Wells Fargo. During the quarter, Fisher also significantly boosted his stake in Apple and several other positions that pay attractive dividend yields.

Fisher boosted his position in McDonald's (NYSE: MCD) by 27% to more than 2.3 million shares, increased his ownership in Rio Tinto (RIO) by 29% to some 10 million shares, hiked his Syngenta (SYT) stake by 24% in the quarter to some 881,667 shares and hiked his share count in BP (BP) by 28,478% to nearly 1.47 million shares.

Source: Motley Fool

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