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 |
Walmart Inc
WMT
|
+$323M |
| 2 |
JD.com
JD
|
+$141M |
| 3 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$90.2M |
| 4 |
America Movil
AMX
|
+$62.6M |
| 5 |
FIHD
UBS AG FI Enhanced Global High Yield ETN
FIHD
|
+$60.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$351M |
| 2 |
EMBJ
Embraer S.A. ADS
EMBJ
|
+$104M |
| 3 |
FEIC
FEI COMPANY
FEIC
|
+$39.1M |
| 4 |
FIGY
Barclays ETN+ FI Enhanced Global High Yield ETN
FIGY
|
+$36.1M |
| 5 |
FBGX
UBS AG FI Enhanced Large Cap Growth ETN
FBGX
|
+$28.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 22.33% |
| 2 | Financials | 17.64% |
| 3 | Healthcare | 14.58% |
| 4 | Technology | 13.49% |
| 5 | Consumer Discretionary | 8.31% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CBD
226
DELISTED
Companhia Brasileira de Distribuicao
CBD
| $19.2M | 0.04% |
1,285,083
| – | – |
|
|
STJ
227
DELISTED
St Jude Medical
STJ
| $19.1M | 0.04% |
237,317
-20,994
| -8% | -$1.5M |
|
228
Autodesk
ADSK
$44.4B
| $19.1M | 0.04% |
344,833
-12,360
| -3% | -$715K |
|
229
Polaris
PII
$3.33B
| $18.9M | 0.04% |
219,431
-6,494
| -3% | -$576K |
|
230
Genpact
G
$5.9B
| $18.2M | 0.03% |
674,942
-27,826
| -4% | -$765K |
|
231
D.R. Horton
DHI
$38.6B
| $18.1M | 0.03% |
533,127
-176,837
| -25% | -$5.4M |
|
232
Fair Isaac
FICO
$21.3B
| $17.6M | 0.03% |
152,742
+3,131
| +2% | +$340K |
|
233
Amdocs
DOX
$6.41B
| $17.4M | 0.03% |
298,498
-15,273
| -5% | -$876K |
|
|
DST
234
DELISTED
DST Systems Inc.
DST
| $16.9M | 0.03% |
+280,332
| New | +$16.4M |
|
235
Cincinnati Financial
CINF
$26.1B
| $16.5M | 0.03% |
216,358
-12,908
| -6% | -$876K |
|
236
Amgen
AMGN
$204B
| $16.3M | 0.03% |
101,573
-11,120
| -10% | -$1.73M |
|
237
Cullen/Frost Bankers
CFR
$10.1B
| $16.3M | 0.03% |
252,202
+11,192
| +5% | +$690K |
|
238
Toll Brothers
TOL
$12.4B
| $16.3M | 0.03% |
581,604
+73,597
| +14% | +$2.07M |
|
239
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$6.8B
| $15.6M | 0.03% |
143,428
-1,059
| -0.7% | -$111K |
|
240
T. Rowe Price
TROW
$22.7B
| $15.3M | 0.03% |
208,897
-10,844
| -5% | -$808K |
|
241
Northwest Natural Holdings
NWN
$2.04B
| $15M | 0.03% |
231,582
| – | – |
|
242
Globe Life
GL
$13.2B
| $14.7M | 0.03% |
239,851
+1,339
| +0.6% | +$78.2K |
|
243
Emergent Biosolutions
EBS
$319M
| $14.3M | 0.03% |
467,770
+10,028
| +2% | +$393K |
|
244
Hancock Whitney
HWC
$6.04B
| $13.9M | 0.03% |
522,612
+23,028
| +5% | +$586K |
|
245
Kroger
KR
$34.9B
| $13.9M | 0.03% |
370,764
-58,858
| -14% | -$2.12M |
|
246
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$21.9B
| $13.4M | 0.02% |
330,712
+23,518
| +8% | +$925K |
|
247
iShares Global Tech ETF
IXN
$9.67B
| $13.4M | 0.02% |
803,268
+78,234
| +11% | +$1.27M |
|
248
Rockwell Automation
ROK
$47.6B
| $13.3M | 0.02% |
113,266
-8,449
| -7% | -$968K |
|
|
NUAN
249
DELISTED
Nuance Communications, Inc.
NUAN
| $13.3M | 0.02% |
967,181
+87,405
| +10% | +$1.3M |
|
|
LNCE
250
DELISTED
Snyders-Lance, Inc.
LNCE
| $13.3M | 0.02% |
378,439
+30,184
| +9% | +$955K |
|
Similar funds
Ken Fisher's Q2 2016 Portfolio in Review
As of Q2 2016, Ken Fisher held 787 positions worth $53.9B, up 2.4% from $52.6B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Fisher's Q2 2016 filing shows 43 new, 284 increased, 281 reduced and 42 closed positions. Its largest new stake was DST Systems Inc.: 280,332 shares worth $16.9M. The largest sale was Amazon, an estimated $351M.
By sector, the portfolio is most concentrated in Miscellaneous at 22% of assets, up from 22% a quarter earlier, followed by Financials and Healthcare.
- Ken Fisher's largest Q2 2016 buy was DST Systems Inc.: 280,332 shares worth $16.9M.
- Ken Fisher added most to Walmart Inc in Q2 2016, an estimated $323M increase.
- Ken Fisher's biggest Q2 2016 reduction was Amazon, cutting an estimated $351M.
- Ken Fisher fully exited Embraer S.A. ADS in Q2 2016, selling an estimated $104M.
- Ken Fisher's ten largest holdings make up 23% of its $53.9B portfolio in Q2 2016.
- Ken Fisher opened 43 new positions and closed 42 in Q2 2016.
- Ken Fisher's portfolio value rose 2.4% quarter-over-quarter to $53.9B.
Based on Fisher Asset Management's 13F filing for Q2 2016, filed 12 Jul 2016.