Ken Fisher Fisher Asset Management
Ken Fisher is the founder and executive chairman of Fisher Investments, a global money management firm overseeing billions of dollars in assets. He gained early recognition for pioneering the use of the price-to-sales ratio in stock analysis and wrote the long-running “Portfolio Strategy” column in Forbes. Over the years, Fisher has authored numerous books on investing and wealth management, many of which have become bestsellers.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
SI
SIEMENS AKTIENGESELLSCHAFT ADS
SI
|
+$437M |
| 2 |
Lloyds Banking Group
LYG
|
+$371M |
| 3 |
iShares MSCI EAFE ETF
EFA
|
+$207M |
| 4 |
Vanguard S&P 500 ETF
VOO
|
+$146M |
| 5 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$51.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Oracle
ORCL
|
+$290M |
| 2 |
Cisco
CSCO
|
+$272M |
| 3 |
PepsiCo
PEP
|
+$268M |
| 4 |
Apple
AAPL
|
+$139M |
| 5 |
ABV
COMPANHIA BEBIDA ADS EACH REPSTG 1 PFD SH
ABV
|
+$80.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.72% |
| 2 | Technology | 12.76% |
| 3 | Healthcare | 12.06% |
| 4 | Consumer Discretionary | 7.83% |
| 5 | Industrials | 7.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
Ross Stores
ROST
$80.5B
| $11.5M | 0.03% |
305,768
+1,150
| +0.4% | +$43.2K |
|
227
Northwest Natural Holdings
NWN
$2.06B
| $11.3M | 0.03% |
263,732
-5,675
| -2% | -$241K |
|
228
iShares 1-3 Year Treasury Bond ETF
SHY
$25.5B
| $11.2M | 0.03% |
132,359
-2,019
| -2% | -$171K |
|
229
WPP
WPP
$4.36B
| $11M | 0.03% |
96,047
-3,434
| -3% | -$368K |
|
|
PVTB
230
DELISTED
PrivateBancorp Inc
PVTB
| $10.9M | 0.02% |
378,275
+206,475
| +120% | +$5.32M |
|
|
LSI
231
DELISTED
LSI CORPORATION
LSI
| $10.9M | 0.02% |
985,658
-14,933
| -1% | -$127K |
|
232
Owens Corning
OC
$11.2B
| $10.7M | 0.02% |
262,835
-2,350
| -0.9% | -$89.1K |
|
233
Cincinnati Financial
CINF
$27.3B
| $10.7M | 0.02% |
204,270
-4,175
| -2% | -$211K |
|
|
JNPR
234
DELISTED
Juniper Networks
JNPR
| $10.6M | 0.02% |
468,268
-6,675
| -1% | -$135K |
|
235
CVS Health
CVS
$133B
| $10.4M | 0.02% |
144,659
-2,580
| -2% | -$166K |
|
236
Progressive
PGR
$123B
| $10.3M | 0.02% |
379,451
-8,375
| -2% | -$226K |
|
237
Walmart Inc
WMT
$885B
| $9.96M | 0.02% |
379,896
-12,651
| -3% | -$327K |
|
238
Prologis
PLD
$135B
| $9.95M | 0.02% |
269,189
-6,106
| -2% | -$235K |
|
239
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$22.6B
| $9.86M | 0.02% |
294,932
+8,900
| +3% | +$283K |
|
240
Unum
UNM
$13.6B
| $9.76M | 0.02% |
278,175
-6,900
| -2% | -$226K |
|
241
Hain Celestial
HAIN
$45M
| $9.69M | 0.02% |
213,576
-18,104
| -8% | -$749K |
|
242
Harley-Davidson
HOG
$2.58B
| $9.65M | 0.02% |
139,313
-125
| -0.1% | -$8.28K |
|
243
Northern Trust
NTRS
$22.4B
| $9.56M | 0.02% |
154,485
-4,375
| -3% | -$251K |
|
244
M&T Bank
MTB
$35.7B
| $9.55M | 0.02% |
82,014
-1,450
| -2% | -$165K |
|
|
CA
245
DELISTED
CA, Inc.
CA
| $9.45M | 0.02% |
280,904
-667
| -0.2% | -$21.2K |
|
246
Genpact
G
$5.96B
| $9.37M | 0.02% |
510,015
-600
| -0.1% | -$11.2K |
|
247
Emergent Biosolutions
EBS
$373M
| $9.19M | 0.02% |
399,595
-34,600
| -8% | -$721K |
|
248
State Street Health Care Select Sector SPDR ETF
XLV
$41.9B
| $8.79M | 0.02% |
158,564
-38,715
| -20% | -$2.07M |
|
|
CBD
249
DELISTED
Companhia Brasileira de Distribuicao
CBD
| $8.72M | 0.02% |
195,300
-7,175
| -4% | -$339K |
|
250
CF Industries
CF
$19.2B
| $8.58M | 0.02% |
184,035
-4,125
| -2% | -$180K |
|
Similar funds
Ken Fisher's Q4 2013 Portfolio in Review
As of Q4 2013, Ken Fisher held 595 positions worth $44.1B, up 8.7% from $40.6B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Fisher's Q4 2013 filing shows 61 new, 130 increased, 291 reduced and 34 closed positions. Its largest new stake was Lloyds Banking Group: 73,965,265 shares worth $393M. The largest sale was Oracle, an estimated $290M.
By sector, the portfolio is most concentrated in Financials at 20% of assets, up from 18% a quarter earlier, followed by Technology and Healthcare.
- Ken Fisher's largest Q4 2013 buy was Lloyds Banking Group: 73,965,265 shares worth $393M.
- Ken Fisher added most to SIEMENS AKTIENGESELLSCHAFT ADS in Q4 2013, an estimated $437M increase.
- Ken Fisher's biggest Q4 2013 reduction was Oracle, cutting an estimated $290M.
- Ken Fisher fully exited COMPANHIA BEBIDA ADS EACH REPSTG 1 PFD SH in Q4 2013, selling an estimated $80.2M.
- Ken Fisher's ten largest holdings make up 23% of its $44.1B portfolio in Q4 2013.
- Ken Fisher opened 61 new positions and closed 34 in Q4 2013.
- Ken Fisher's portfolio value rose 8.7% quarter-over-quarter to $44.1B.
Based on Fisher Asset Management's 13F filing for Q4 2013, filed 14 Jan 2014.