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 |
FIHD
UBS AG FI Enhanced Global High Yield ETN
FIHD
|
+$353M |
| 2 |
Televisa
TV
|
+$92.4M |
| 3 |
FLGE
Credit Suisse FI Large Cap Growth Enhanced Exchange Traded Notes
FLGE
|
+$38.2M |
| 4 |
DST
DST Systems Inc.
DST
|
+$36.8M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$27M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FIEG
FI Enhanced Global High Yield Exchange Traded Notes
FIEG
|
+$315M |
| 2 |
CAB
Cabela's Inc
CAB
|
+$56.7M |
| 3 |
NXP Semiconductors
NXPI
|
+$48.7M |
| 4 |
TSMC
TSM
|
+$24.7M |
| 5 |
FIGY
Barclays ETN+ FI Enhanced Global High Yield ETN
FIGY
|
+$23.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.9% |
| 2 | Technology | 14.05% |
| 3 | Healthcare | 12.4% |
| 4 | Consumer Discretionary | 7.69% |
| 5 | Industrials | 6.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
Toll Brothers
TOL
$13.6B
| $18.8M | 0.03% |
607,877
-5,037
| -0.8% | -$149K |
|
|
FLEU
227
DELISTED
Barclays ETN+ FI Enhanced Europe 50 ETN Series B
FLEU
| $18.7M | 0.03% |
+174,286
| New | +$17.7M |
|
228
Wipro
WIT
$19.6B
| $18.3M | 0.03% |
10,091,179
+201,467
| +2% | +$361K |
|
|
GHL
229
DELISTED
Greenhill & Co., Inc.
GHL
| $18.1M | 0.03% |
654,922
-477
| -0.1% | -$12.3K |
|
230
Amgen
AMGN
$208B
| $18M | 0.03% |
123,139
+20,345
| +20% | +$3.06M |
|
231
Halliburton
HAL
$26.9B
| $17.6M | 0.03% |
325,576
-10,823
| -3% | -$540K |
|
232
3M
MMM
$90.9B
| $17.4M | 0.03% |
116,855
-3,504
| -3% | -$506K |
|
233
Fidelity National Information Services
FIS
$23.1B
| $17.3M | 0.03% |
228,402
-9,080
| -4% | -$692K |
|
234
Omnicell
OMCL
$1.61B
| $17.2M | 0.03% |
507,114
-10,350
| -2% | -$356K |
|
235
Fair Isaac
FICO
$24.3B
| $16.8M | 0.03% |
140,858
-6,750
| -5% | -$802K |
|
236
iShares Global Tech ETF
IXN
$8.32B
| $16.8M | 0.03% |
916,956
+81,720
| +10% | +$1.49M |
|
237
Warner Bros
WBD
$65.9B
| $16.2M | 0.03% |
589,292
-17,638
| -3% | -$479K |
|
238
Union Pacific
UNP
$174B
| $16M | 0.03% |
154,262
+26,245
| +21% | +$2.58M |
|
239
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$22.6B
| $15.7M | 0.03% |
385,116
+42,620
| +12% | +$1.72M |
|
240
Globe Life
GL
$14.2B
| $15.7M | 0.03% |
212,173
-9,433
| -4% | -$647K |
|
241
Zimmer Biomet
ZBH
$18.2B
| $15.2M | 0.03% |
151,676
-6,866
| -4% | -$736K |
|
|
LNCE
242
DELISTED
Snyders-Lance, Inc.
LNCE
| $14.9M | 0.03% |
389,239
-17,410
| -4% | -$637K |
|
|
ABB
243
DELISTED
ABB Ltd
ABB
| $14.8M | 0.03% |
703,150
-1,003
| -0.1% | -$21.4K |
|
244
Amdocs
DOX
$5.92B
| $14.8M | 0.03% |
254,323
-11,133
| -4% | -$657K |
|
245
Dana Inc
DAN
$2.9B
| $14.4M | 0.03% |
756,898
-33,086
| -4% | -$554K |
|
|
SGI
246
Somnigroup International
SGI
$13.7B
| $14.1M | 0.02% |
828,376
-42,400
| -5% | -$633K |
|
247
Northwest Natural Holdings
NWN
$2.06B
| $14M | 0.02% |
234,458
-2,925
| -1% | -$170K |
|
248
T. Rowe Price
TROW
$23.9B
| $14M | 0.02% |
185,897
-8,726
| -4% | -$618K |
|
249
Emergent Biosolutions
EBS
$373M
| $13.7M | 0.02% |
418,270
-35,600
| -8% | -$1.07M |
|
250
Genpact
G
$5.96B
| $13.7M | 0.02% |
563,622
-24,300
| -4% | -$579K |
|
Similar funds
Ken Fisher's Q4 2016 Portfolio in Review
As of Q4 2016, Ken Fisher held 837 positions worth $57.4B, up 2% from $56.3B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Ken Fisher's Q4 2016 filing shows 61 new, 208 increased, 401 reduced and 54 closed positions. Its largest new stake was Barclays ETN+ FI Enhanced Europe 50 ETN Series B: 174,286 shares worth $18.7M. The largest sale was FI Enhanced Global High Yield Exchange Traded Notes, an estimated $315M.
By sector, the portfolio is most concentrated in Financials at 20% of assets, up from 17% a quarter earlier, followed by Technology and Healthcare.
- Ken Fisher's largest Q4 2016 buy was Barclays ETN+ FI Enhanced Europe 50 ETN Series B: 174,286 shares worth $18.7M.
- Ken Fisher added most to UBS AG FI Enhanced Global High Yield ETN in Q4 2016, an estimated $353M increase.
- Ken Fisher's biggest Q4 2016 reduction was FI Enhanced Global High Yield Exchange Traded Notes, cutting an estimated $315M.
- Ken Fisher fully exited Cabela's Inc in Q4 2016, selling an estimated $56.7M.
- Ken Fisher's ten largest holdings make up 22% of its $57.4B portfolio in Q4 2016.
- Ken Fisher opened 61 new positions and closed 54 in Q4 2016.
- Ken Fisher's portfolio value rose 2% quarter-over-quarter to $57.4B.
Based on Fisher Asset Management's 13F filing for Q4 2016, filed 10 Jan 2017.