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 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$607M |
| 2 |
Vodafone
VOD
|
+$318M |
| 3 |
SI
SIEMENS AKTIENGESELLSCHAFT ADS
SI
|
+$267M |
| 4 |
Alibaba
BABA
|
+$228M |
| 5 |
Itaú Unibanco
ITUB
|
+$137M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
|
+$545M |
| 2 |
GE Aerospace
GE
|
+$284M |
| 3 |
NXP Semiconductors
NXPI
|
+$121M |
| 4 |
MENT
Mentor Graphics Corp
MENT
|
+$63.3M |
| 5 |
Heartland Express
HTLD
|
+$45.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.45% |
| 2 | Technology | 14.38% |
| 3 | Healthcare | 12.14% |
| 4 | Consumer Discretionary | 8.49% |
| 5 | Communication Services | 7.31% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
Amgen
AMGN
$209B
| $20.2M | 0.03% |
123,020
-119
| -0.1% | -$19.8K |
|
|
GHL
227
DELISTED
Greenhill & Co., Inc.
GHL
| $20.1M | 0.03% |
685,475
+30,553
| +5% | +$890K |
|
228
Omnicell
OMCL
$1.69B
| $20M | 0.03% |
492,314
-14,800
| -3% | -$545K |
|
229
UFP Industries
UFPI
$4.87B
| $19.8M | 0.03% |
604,212
-13,911
| -2% | -$465K |
|
230
Avista
AVA
$3.39B
| $19.8M | 0.03% |
507,193
-10,748
| -2% | -$421K |
|
231
Nomura Holdings
NMR
$27.9B
| $19.4M | 0.03% |
+3,101,323
| New | +$19.9M |
|
232
Wipro
WIT
$19.3B
| $19.4M | 0.03% |
10,091,179
| – | – |
|
233
Cullen/Frost Bankers
CFR
$10.3B
| $19.2M | 0.03% |
216,269
-23,511
| -10% | -$2.12M |
|
234
Polaris
PII
$3.88B
| $19.2M | 0.03% |
229,316
-19,342
| -8% | -$1.66M |
|
235
Toll Brothers
TOL
$14B
| $19.1M | 0.03% |
527,847
-80,030
| -13% | -$2.67M |
|
236
iShares 1-3 Year Treasury Bond ETF
SHY
$25.5B
| $18.5M | 0.03% |
218,940
-40,646
| -16% | -$3.43M |
|
237
Oceaneering
OII
$4.74B
| $18.2M | 0.03% |
672,567
-12,831
| -2% | -$351K |
|
238
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$21.9B
| $17.9M | 0.03% |
407,722
+22,606
| +6% | +$968K |
|
|
NUAN
239
DELISTED
Nuance Communications, Inc.
NUAN
| $17.8M | 0.03% |
1,188,623
+207,377
| +21% | +$2.95M |
|
240
Fair Isaac
FICO
$26.4B
| $17M | 0.03% |
132,183
-8,675
| -6% | -$1.1M |
|
241
Warner Bros
WBD
$63.9B
| $16.5M | 0.03% |
568,152
-21,140
| -4% | -$593K |
|
|
ABB
242
DELISTED
ABB Ltd
ABB
| $16.4M | 0.03% |
699,498
-3,652
| -0.5% | -$83.4K |
|
243
US Bancorp
USB
$98B
| $16.3M | 0.03% |
316,551
-501,019
| -61% | -$26.7M |
|
244
Fidelity National Information Services
FIS
$23.8B
| $16.3M | 0.03% |
204,356
-24,046
| -11% | -$1.93M |
|
245
Zimmer Biomet
ZBH
$18.4B
| $16.2M | 0.03% |
136,775
-14,901
| -10% | -$1.69M |
|
246
Union Pacific
UNP
$172B
| $16.1M | 0.03% |
151,944
-2,318
| -2% | -$247K |
|
247
iShare MSCI Eurozone ETF
EZU
$9.65B
| $15.9M | 0.03% |
421,666
+30,614
| +8% | +$1.1M |
|
|
LNCE
248
DELISTED
Snyders-Lance, Inc.
LNCE
| $15M | 0.02% |
373,139
-16,100
| -4% | -$630K |
|
249
Halliburton
HAL
$26.4B
| $14.9M | 0.02% |
303,329
-22,247
| -7% | -$1.2M |
|
250
Globe Life
GL
$14.2B
| $14.9M | 0.02% |
193,665
-18,508
| -9% | -$1.41M |
|
Similar funds
Ken Fisher's Q1 2017 Portfolio in Review
As of Q1 2017, Ken Fisher held 865 positions worth $62.4B, up 8.7% from $57.4B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Ken Fisher's Q1 2017 filing shows 82 new, 252 increased, 334 reduced and 92 closed positions. Its largest new stake was Vodafone: 12,420,913 shares worth $328M. The largest sale was State Street SPDR Portfolio Short Term Corporate Bond ETF, an estimated $545M.
By sector, the portfolio is most concentrated in Financials at 19% of assets, down from 20% a quarter earlier, followed by Technology and Healthcare.
- Ken Fisher's largest Q1 2017 buy was Vodafone: 12,420,913 shares worth $328M.
- Ken Fisher added most to iShares iBoxx $ Investment Grade Corporate Bond ETF in Q1 2017, an estimated $607M increase.
- Ken Fisher's biggest Q1 2017 reduction was State Street SPDR Portfolio Short Term Corporate Bond ETF, cutting an estimated $545M.
- Ken Fisher fully exited NXP Semiconductors in Q1 2017, selling an estimated $121M.
- Ken Fisher's ten largest holdings make up 24% of its $62.4B portfolio in Q1 2017.
- Ken Fisher opened 82 new positions and closed 92 in Q1 2017.
- Ken Fisher's portfolio value rose 8.7% quarter-over-quarter to $62.4B.
Based on Fisher Asset Management's 13F filing for Q1 2017, filed 25 Apr 2017.