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 |
SI
SIEMENS AKTIENGESELLSCHAFT ADS
SI
|
+$437M |
| 2 |
Lloyds Banking Group
LYG
|
+$371M |
| 3 |
iShares MSCI EAFE ETF
EFA
|
+$207M |
| 4 |
Vanguard S&P 500 ETF
VOO
|
+$146M |
| 5 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$51.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Oracle
ORCL
|
+$290M |
| 2 |
Cisco
CSCO
|
+$272M |
| 3 |
PepsiCo
PEP
|
+$268M |
| 4 |
Apple
AAPL
|
+$139M |
| 5 |
ABV
COMPANHIA BEBIDA ADS EACH REPSTG 1 PFD SH
ABV
|
+$80.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.72% |
| 2 | Technology | 12.76% |
| 3 | Healthcare | 12.06% |
| 4 | Consumer Discretionary | 7.83% |
| 5 | Industrials | 7.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
251
Mattel
MAT
$4.38B
| $8.57M | 0.02% |
180,212
+1,250
| +0.7% | +$55.7K |
|
|
RDS.A
252
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $7.95M | 0.02% |
111,546
-4,009
| -3% | -$269K |
|
253
Edgewell Personal Care
EPC
$1.25B
| $7.78M | 0.02% |
96,926
| – | – |
|
|
AVP
254
DELISTED
Avon Products, Inc.
AVP
| $7.71M | 0.02% |
447,764
-7,475
| -2% | -$140K |
|
255
IPG Photonics
IPGP
$3.61B
| $7.64M | 0.02% |
98,435
-12,550
| -11% | -$853K |
|
256
TechnipFMC
FTI
$28.6B
| $7.07M | 0.02% |
181,894
-1,475
| -0.8% | -$57.3K |
|
|
SIAL
257
DELISTED
SIGMA - ALDRICH CORP
SIAL
| $7.01M | 0.02% |
74,589
-1,650
| -2% | -$143K |
|
258
Movado Group
MOV
$849M
| $6.98M | 0.02% |
158,673
+1,475
| +0.9% | +$66.1K |
|
259
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23B
| $6.96M | 0.02% |
132,076
-20,370
| -13% | -$1.07M |
|
260
iShares Global Tech ETF
IXN
$8.32B
| $6.8M | 0.02% |
489,744
-155,214
| -24% | -$2.04M |
|
261
J&J Snack Foods
JJSF
$1.43B
| $6.67M | 0.02% |
75,325
| – | – |
|
262
Cooper Companies
COO
$14.1B
| $6.67M | 0.02% |
215,400
-35,200
| -14% | -$1.12M |
|
|
LNCE
263
DELISTED
Snyders-Lance, Inc.
LNCE
| $6.47M | 0.01% |
225,900
-21,350
| -9% | -$610K |
|
264
Fair Isaac
FICO
$24.3B
| $6.3M | 0.01% |
100,285
+775
| +0.8% | +$44.7K |
|
265
Haemonetics
HAE
$3.89B
| $6.24M | 0.01% |
147,995
-21,250
| -13% | -$874K |
|
|
LPT
266
DELISTED
Liberty Property Trust
LPT
| $5.98M | 0.01% |
176,490
| – | – |
|
267
Viavi Solutions
VIAV
$9.12B
| $5.9M | 0.01% |
798,763
-90,692
| -10% | -$689K |
|
268
Ziff Davis
ZD
$1.96B
| $5.81M | 0.01% |
133,573
| – | – |
|
|
DASTY
269
DELISTED
DASSAULT SYSTEMES SA ADR
DASTY
| $5.8M | 0.01% |
46,646
-1,651
| -3% | -$205K |
|
270
Nucor
NUE
$58.6B
| $5.69M | 0.01% |
106,565
-17,800
| -14% | -$919K |
|
271
Toronto Dominion Bank
TD
$198B
| $5.63M | 0.01% |
119,388
-4,758
| -4% | -$217K |
|
272
Banco Santander
SAN
$202B
| $5.62M | 0.01% |
681,969
-9,087
| -1% | -$72.2K |
|
273
Littelfuse
LFUS
$11.2B
| $5.6M | 0.01% |
60,245
+1,320
| +2% | +$111K |
|
274
Ericsson
ERIC
$32.2B
| $5.11M | 0.01% |
417,818
-16,604
| -4% | -$206K |
|
275
AB InBev
BUD
$167B
| $5.08M | 0.01% |
47,748
-19,825
| -29% | -$2.03M |
|
Similar funds
Ken Fisher's Q4 2013 Portfolio in Review
As of Q4 2013, Ken Fisher held 595 positions worth $44.1B, up 8.7% from $40.6B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Fisher's Q4 2013 filing shows 61 new, 130 increased, 291 reduced and 34 closed positions. Its largest new stake was Lloyds Banking Group: 73,965,265 shares worth $393M. The largest sale was Oracle, an estimated $290M.
By sector, the portfolio is most concentrated in Financials at 20% of assets, up from 18% a quarter earlier, followed by Technology and Healthcare.
- Ken Fisher's largest Q4 2013 buy was Lloyds Banking Group: 73,965,265 shares worth $393M.
- Ken Fisher added most to SIEMENS AKTIENGESELLSCHAFT ADS in Q4 2013, an estimated $437M increase.
- Ken Fisher's biggest Q4 2013 reduction was Oracle, cutting an estimated $290M.
- Ken Fisher fully exited COMPANHIA BEBIDA ADS EACH REPSTG 1 PFD SH in Q4 2013, selling an estimated $80.2M.
- Ken Fisher's ten largest holdings make up 23% of its $44.1B portfolio in Q4 2013.
- Ken Fisher opened 61 new positions and closed 34 in Q4 2013.
- Ken Fisher's portfolio value rose 8.7% quarter-over-quarter to $44.1B.
Based on Fisher Asset Management's 13F filing for Q4 2013, filed 14 Jan 2014.