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 |
Apple
AAPL
|
+$92.2M |
| 2 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$83.3M |
| 3 |
HPY
HEARTLAND PAYMENT SYSTEMS, INC. COM STK
HPY
|
+$76M |
| 4 |
FIEG
FI Enhanced Global High Yield Exchange Traded Notes
FIEG
|
+$45.3M |
| 5 |
AAWW
Atlas Air Worldwide Holdings, Inc.
AAWW
|
+$44.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI EAFE ETF
EFA
|
+$208M |
| 2 |
Vanguard S&P 500 ETF
VOO
|
+$150M |
| 3 |
FCS
FAIRCHILD SEMICONDUCTOR INTL INC COMMON
FCS
|
+$66.6M |
| 4 |
OVTI
OMNIVISION TECHNOLOGIES INC
OVTI
|
+$48.3M |
| 5 |
CEO
CNOOC Limited
CEO
|
+$44M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.85% |
| 2 | Technology | 12.89% |
| 3 | Healthcare | 12.55% |
| 4 | Industrials | 7.74% |
| 5 | Consumer Discretionary | 7.22% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
Prologis
PLD
$135B
| $10.7M | 0.02% |
261,252
-7,937
| -3% | -$313K |
|
227
Synopsys
SNPS
$74.4B
| $10.7M | 0.02% |
277,285
-19,115
| -6% | -$767K |
|
228
Ross Stores
ROST
$80.5B
| $10.4M | 0.02% |
290,878
-14,890
| -5% | -$528K |
|
|
CBD
229
DELISTED
Companhia Brasileira de Distribuicao
CBD
| $10.2M | 0.02% |
233,685
+38,385
| +20% | +$1.57M |
|
|
TSS
230
DELISTED
Total System Services, Inc.
TSS
| $10.1M | 0.02% |
+333,060
| New | +$10.2M |
|
231
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$22.6B
| $10.1M | 0.02% |
311,914
+16,982
| +6% | +$554K |
|
232
Emergent Biosolutions
EBS
$373M
| $10.1M | 0.02% |
398,670
-925
| -0.2% | -$23.4K |
|
233
State Street Health Care Select Sector SPDR ETF
XLV
$41.9B
| $9.86M | 0.02% |
168,513
+9,949
| +6% | +$573K |
|
234
Northern Trust
NTRS
$33.3B
| $9.77M | 0.02% |
148,985
-5,500
| -4% | -$341K |
|
235
WPP
WPP
$4.36B
| $9.68M | 0.02% |
93,903
-2,144
| -2% | -$230K |
|
236
Cincinnati Financial
CINF
$27.3B
| $9.6M | 0.02% |
197,262
-7,008
| -3% | -$338K |
|
237
M&T Bank
MTB
$35.7B
| $9.53M | 0.02% |
78,548
-3,466
| -4% | -$400K |
|
238
Unum
UNM
$13.6B
| $9.46M | 0.02% |
267,985
-10,190
| -4% | -$348K |
|
|
AZPN
239
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $9.24M | 0.02% |
+218,244
| New | +$9.24M |
|
240
CF Industries
CF
$19.2B
| $9.19M | 0.02% |
176,285
-7,750
| -4% | -$377K |
|
241
Progressive
PGR
$123B
| $8.89M | 0.02% |
366,954
-12,497
| -3% | -$304K |
|
242
Harley-Davidson
HOG
$2.58B
| $8.84M | 0.02% |
132,766
-6,547
| -5% | -$433K |
|
243
Genpact
G
$5.96B
| $8.49M | 0.02% |
487,265
-22,750
| -4% | -$384K |
|
|
CA
244
DELISTED
CA, Inc.
CA
| $8.37M | 0.02% |
270,071
-10,833
| -4% | -$353K |
|
245
Hain Celestial
HAIN
$45M
| $8.36M | 0.02% |
182,850
-30,726
| -14% | -$1.4M |
|
246
Ultrapar
UGP
$6.95B
| $8.22M | 0.02% |
682,746
+305,406
| +81% | +$3.4M |
|
|
RDS.A
247
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $7.92M | 0.02% |
108,446
-3,100
| -3% | -$222K |
|
|
CHL
248
DELISTED
China Mobile Limited
CHL
| $7.29M | 0.02% |
159,900
+141,879
| +787% | +$6.74M |
|
249
iShares Global Tech ETF
IXN
$8.32B
| $7.26M | 0.02% |
515,580
+25,836
| +5% | +$357K |
|
250
Vanguard FTSE Developed Markets ETF
VEA
$229B
| $7.08M | 0.02% |
171,529
-191,933
| -53% | -$7.86M |
|
Similar funds
Ken Fisher's Q1 2014 Portfolio in Review
As of Q1 2014, Ken Fisher held 629 positions worth $44.3B, up 0.5% from $44.1B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Fisher's Q1 2014 filing shows 68 new, 131 increased, 316 reduced and 43 closed positions. Its largest new stake was HEARTLAND PAYMENT SYSTEMS, INC. COM STK: 1,748,920 shares worth $72.5M. The largest sale was iShares MSCI EAFE ETF, an estimated $208M.
By sector, the portfolio is most concentrated in Financials at 20% of assets, up from 20% a quarter earlier, followed by Technology and Healthcare.
- Ken Fisher's largest Q1 2014 buy was HEARTLAND PAYMENT SYSTEMS, INC. COM STK: 1,748,920 shares worth $72.5M.
- Ken Fisher added most to Apple in Q1 2014, an estimated $92.2M increase.
- Ken Fisher's biggest Q1 2014 reduction was iShares MSCI EAFE ETF, cutting an estimated $208M.
- Ken Fisher fully exited TECHNIP ADS (EA REPTG ONE ORD SHS) in Q1 2014, selling an estimated $38.8M.
- Ken Fisher's ten largest holdings make up 23% of its $44.3B portfolio in Q1 2014.
- Ken Fisher opened 68 new positions and closed 43 in Q1 2014.
- Ken Fisher's portfolio value rose 0.5% quarter-over-quarter to $44.3B.
Based on Fisher Asset Management's 13F filing for Q1 2014, filed 22 Apr 2014.