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
|
+$56.4M |
| 2 |
Chemed
CHE
|
+$53.8M |
| 3 |
FBGX
UBS AG FI Enhanced Large Cap Growth ETN
FBGX
|
+$53.1M |
| 4 |
Petrobras
PBR
|
+$52.7M |
| 5 |
FIEG
FI Enhanced Global High Yield Exchange Traded Notes
FIEG
|
+$34.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FMER
FIRSTMERIT CORP
FMER
|
+$58.7M |
| 2 |
FBG
UBS AG LONDON BRH FISHER ENHANCED BIG CAP GROWTH ETN
FBG
|
+$38.2M |
| 3 |
PL
PROTECTIVE LIFE CORP
PL
|
+$37.8M |
| 4 |
Sally Beauty Holdings
SBH
|
+$36.2M |
| 5 |
TSMC
TSM
|
+$35.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 20.26% |
| 2 | Healthcare | 14.53% |
| 3 | Technology | 12.41% |
| 4 | Industrials | 7.4% |
| 5 | Consumer Discretionary | 6.07% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CHL
251
DELISTED
China Mobile Limited
CHL
| $9.16M | 0.02% |
155,925
-5,194
| -3% | -$299K |
|
252
CF Industries
CF
$19.2B
| $9.12M | 0.02% |
163,260
-9,900
| -6% | -$502K |
|
253
Progressive
PGR
$123B
| $9.1M | 0.02% |
359,840
-43,045
| -11% | -$1.06M |
|
254
Regions Financial
RF
$26.4B
| $9.05M | 0.02% |
901,793
-1,988
| -0.2% | -$20.3K |
|
255
IBM
IBM
$211B
| $8.88M | 0.02% |
48,949
-58,852
| -55% | -$10.7M |
|
256
Cincinnati Financial
CINF
$27.3B
| $8.81M | 0.02% |
187,199
+18,939
| +11% | +$905K |
|
257
Cooper Companies
COO
$14.1B
| $8.77M | 0.02% |
225,176
+26,740
| +13% | +$1.05M |
|
258
Unum
UNM
$13.6B
| $8.73M | 0.02% |
253,836
+17,785
| +8% | +$625K |
|
259
Owens Corning
OC
$11.2B
| $8.7M | 0.02% |
274,102
-4,047
| -1% | -$143K |
|
260
iShares Global Tech ETF
IXN
$8.32B
| $8.67M | 0.02% |
568,728
+19,500
| +4% | +$297K |
|
261
IPG Photonics
IPGP
$3.61B
| $8.62M | 0.02% |
125,314
-9,785
| -7% | -$659K |
|
|
RDS.A
262
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $8.41M | 0.02% |
110,419
-775
| -0.7% | -$62.2K |
|
263
Harley-Davidson
HOG
$2.58B
| $7.97M | 0.02% |
137,006
-8,580
| -6% | -$549K |
|
264
Eli Lilly
LLY
$1.02T
| $7.77M | 0.02% |
119,810
+115,595
| +2,742% | +$7.32M |
|
265
Genpact
G
$5.96B
| $7.52M | 0.02% |
460,510
+32,295
| +8% | +$566K |
|
|
MINI
266
DELISTED
Mobile Mini Inc
MINI
| $7.5M | 0.02% |
214,365
-6,842
| -3% | -$281K |
|
267
Fair Isaac
FICO
$24.3B
| $7.33M | 0.02% |
133,065
+1,625
| +1% | +$95.9K |
|
268
Ziff Davis
ZD
$1.96B
| $7.32M | 0.02% |
170,516
| – | – |
|
269
Ultrapar
UGP
$6.95B
| $7.17M | 0.02% |
679,012
+4,316
| +0.6% | +$51.2K |
|
|
CA
270
DELISTED
CA, Inc.
CA
| $7.06M | 0.02% |
252,626
+12,955
| +5% | +$370K |
|
271
Halozyme
HALO
$9.79B
| $6.94M | 0.01% |
762,780
-28,980
| -4% | -$276K |
|
|
VRE
272
DELISTED
Veris Residential
VRE
| $6.74M | 0.01% |
352,780
-736,580
| -68% | -$15.4M |
|
273
Nucor
NUE
$58.6B
| $6.66M | 0.01% |
122,722
-6,326
| -5% | -$334K |
|
274
TechnipFMC
FTI
$28.1B
| $6.62M | 0.01% |
163,813
-9,173
| -5% | -$405K |
|
275
Viavi Solutions
VIAV
$9.12B
| $6.61M | 0.01% |
907,914
+222
| +0% | +$1.53K |
|
Similar funds
Ken Fisher's Q3 2014 Portfolio in Review
As of Q3 2014, Ken Fisher held 645 positions worth $46.9B, down 1.4% from $47.6B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Ken Fisher's Q3 2014 filing shows 47 new, 202 increased, 264 reduced and 61 closed positions. Its largest new stake was Chemed: 530,910 shares worth $54.6M. The largest sale was FIRSTMERIT CORP, an estimated $58.7M.
By sector, the portfolio is most concentrated in Financials at 20% of assets, up from 20% a quarter earlier, followed by Healthcare and Technology.
- Ken Fisher's largest Q3 2014 buy was Chemed: 530,910 shares worth $54.6M.
- Ken Fisher added most to iShares iBoxx $ Investment Grade Corporate Bond ETF in Q3 2014, an estimated $56.4M increase.
- Ken Fisher's biggest Q3 2014 reduction was FIRSTMERIT CORP, cutting an estimated $58.7M.
- Ken Fisher fully exited PROTECTIVE LIFE CORP in Q3 2014, selling an estimated $37.8M.
- Ken Fisher's ten largest holdings make up 22% of its $46.9B portfolio in Q3 2014.
- Ken Fisher opened 47 new positions and closed 61 in Q3 2014.
- Ken Fisher's portfolio value fell 1.4% quarter-over-quarter to $46.9B.
Based on Fisher Asset Management's 13F filing for Q3 2014, filed 20 Oct 2014.