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 |
UBS Group
UBS
|
+$423M |
| 2 |
CS
Credit Suisse Group
CS
|
+$261M |
| 3 |
Barclays
BCS
|
+$240M |
| 4 |
ABB
ABB Ltd
ABB
|
+$161M |
| 5 |
Trip.com Group
TCOM
|
+$113M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Lloyds Banking Group
LYG
|
+$230M |
| 2 |
SI
SIEMENS AKTIENGESELLSCHAFT ADS
SI
|
+$162M |
| 3 |
BF
BASF AKTIENGESELLT ADS(RP1 ORD
BF
|
+$84M |
| 4 |
BHP
BHP
|
+$60.3M |
| 5 |
SUSQ
SUSQUEHANNA BANCSHARES INC
SUSQ
|
+$42.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 21.7% |
| 2 | Healthcare | 13.73% |
| 3 | Technology | 13.21% |
| 4 | Industrials | 7.16% |
| 5 | Consumer Discretionary | 6.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
GHL
226
DELISTED
Greenhill & Co., Inc.
GHL
| $14.6M | 0.03% |
334,480
-4,900
| -1% | -$218K |
|
|
HOT
227
DELISTED
STARWOOD HOTELS & RESORTS WORLDWIDE, INC.
HOT
| $14.4M | 0.03% |
177,909
-3,482
| -2% | -$272K |
|
228
Toll Brothers
TOL
$13.6B
| $13.9M | 0.03% |
405,446
+6,019
| +2% | +$196K |
|
|
ETFC
229
DELISTED
E*Trade Financial Corporation
ETFC
| $13.8M | 0.03% |
569,241
+48,143
| +9% | +$1.08M |
|
230
CVS Health
CVS
$133B
| $13.7M | 0.03% |
142,036
+1,282
| +0.9% | +$113K |
|
231
Emergent Biosolutions
EBS
$373M
| $13.7M | 0.03% |
501,428
+18,100
| +4% | +$431K |
|
232
Morgan Stanley
MS
$331B
| $13.5M | 0.03% |
346,923
+339,566
| +4,616% | +$12.1M |
|
233
NETSCOUT
NTCT
$2.96B
| $13.4M | 0.03% |
+367,984
| New | +$13.9M |
|
234
Hancock Whitney
HWC
$6.2B
| $13.3M | 0.03% |
434,556
-4,366
| -1% | -$142K |
|
|
NSANY
235
DELISTED
NISSAN MOTOR CO LTD SPONS ADR
NSANY
| $13.2M | 0.03% |
748,243
+644,864
| +624% | +$11.4M |
|
236
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$22.6B
| $13.1M | 0.03% |
363,264
+15,758
| +5% | +$540K |
|
237
Weyerhaeuser
WY
$18B
| $13M | 0.03% |
361,224
-6,701
| -2% | -$230K |
|
238
Blackrock
BLK
$169B
| $13M | 0.03% |
+36,241
| New | +$12.4M |
|
239
Rockwell Automation
ROK
$53.4B
| $12.8M | 0.03% |
114,778
-8,506
| -7% | -$933K |
|
240
Synopsys
SNPS
$74.4B
| $12.7M | 0.03% |
292,616
+18,894
| +7% | +$785K |
|
241
Dana Inc
DAN
$2.9B
| $12.7M | 0.03% |
584,456
+19,275
| +3% | +$390K |
|
242
T. Rowe Price
TROW
$23.9B
| $12.5M | 0.03% |
146,137
-13,702
| -9% | -$1.12M |
|
243
Northwest Natural Holdings
NWN
$2.06B
| $12.5M | 0.03% |
250,787
-5,290
| -2% | -$246K |
|
244
Autodesk
ADSK
$49.5B
| $12.5M | 0.03% |
207,390
+90,495
| +77% | +$5.24M |
|
245
Cencora
COR
$60.6B
| $12.2M | 0.03% |
135,278
-34,414
| -20% | -$2.95M |
|
246
Hain Celestial
HAIN
$45M
| $12.1M | 0.03% |
208,410
+200
| +0.1% | +$10.8K |
|
247
BorgWarner
BWA
$13.1B
| $11.9M | 0.02% |
246,855
-11,641
| -5% | -$567K |
|
248
Globe Life
GL
$14.2B
| $11.6M | 0.02% |
214,616
-2,727
| -1% | -$145K |
|
249
Walmart Inc
WMT
$885B
| $11.2M | 0.02% |
389,535
-813
| -0.2% | -$22K |
|
250
Ross Stores
ROST
$80.5B
| $11.1M | 0.02% |
236,258
-26,100
| -10% | -$1.1M |
|
Similar funds
Ken Fisher's Q4 2014 Portfolio in Review
As of Q4 2014, Ken Fisher held 664 positions worth $48.4B, up 3.1% from $46.9B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Ken Fisher's Q4 2014 filing shows 80 new, 228 increased, 245 reduced and 44 closed positions. Its largest new stake was UBS Group: 24,721,456 shares worth $422M. The largest sale was Lloyds Banking Group, an estimated $230M.
By sector, the portfolio is most concentrated in Financials at 22% of assets, up from 20% a quarter earlier, followed by Healthcare and Technology.
- Ken Fisher's largest Q4 2014 buy was UBS Group: 24,721,456 shares worth $422M.
- Ken Fisher added most to Credit Suisse Group in Q4 2014, an estimated $261M increase.
- Ken Fisher's biggest Q4 2014 reduction was Lloyds Banking Group, cutting an estimated $230M.
- Ken Fisher fully exited SUSQUEHANNA BANCSHARES INC in Q4 2014, selling an estimated $42.8M.
- Ken Fisher's ten largest holdings make up 22% of its $48.4B portfolio in Q4 2014.
- Ken Fisher opened 80 new positions and closed 44 in Q4 2014.
- Ken Fisher's portfolio value rose 3.1% quarter-over-quarter to $48.4B.
Based on Fisher Asset Management's 13F filing for Q4 2014, filed 29 Jan 2015.