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 |
UBS Group
UBS
|
+$423M |
| 2 |
CS
Credit Suisse Group
CS
|
+$261M |
| 3 |
Barclays
BCS
|
+$240M |
| 4 |
ABB
ABB Ltd
ABB
|
+$161M |
| 5 |
Trip.com Group
TCOM
|
+$113M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Lloyds Banking Group
LYG
|
+$230M |
| 2 |
SI
SIEMENS AKTIENGESELLSCHAFT ADS
SI
|
+$162M |
| 3 |
BF
BASF AKTIENGESELLT ADS(RP1 ORD
BF
|
+$84M |
| 4 |
BHP
BHP
|
+$60.3M |
| 5 |
SUSQ
SUSQUEHANNA BANCSHARES INC
SUSQ
|
+$42.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 21.7% |
| 2 | Healthcare | 13.73% |
| 3 | Technology | 13.21% |
| 4 | Industrials | 7.16% |
| 5 | Consumer Discretionary | 6.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
251
Cooper Companies
COO
$14.1B
| $11.1M | 0.02% |
274,096
+48,920
| +22% | +$1.96M |
|
252
iShares 1-3 Year Treasury Bond ETF
SHY
$25.5B
| $11M | 0.02% |
130,307
-887
| -0.7% | -$75.1K |
|
253
Terex
TEX
$7.18B
| $10.7M | 0.02% |
382,962
-6,679
| -2% | -$191K |
|
254
Owens Corning
OC
$11.2B
| $10.4M | 0.02% |
291,332
+17,230
| +6% | +$573K |
|
255
Fair Isaac
FICO
$24.3B
| $10.4M | 0.02% |
143,615
+10,550
| +8% | +$693K |
|
256
Prologis
PLD
$135B
| $10.1M | 0.02% |
235,019
-17,078
| -7% | -$701K |
|
257
Cincinnati Financial
CINF
$27.3B
| $10.1M | 0.02% |
194,593
+7,394
| +4% | +$370K |
|
258
IPG Photonics
IPGP
$3.61B
| $9.98M | 0.02% |
133,259
+7,945
| +6% | +$565K |
|
|
DATA
259
DELISTED
Tableau Software, Inc.
DATA
| $9.86M | 0.02% |
116,355
+39,275
| +51% | +$3.12M |
|
260
Ziff Davis
ZD
$1.96B
| $9.71M | 0.02% |
180,176
+9,660
| +6% | +$467K |
|
261
Genpact
G
$5.96B
| $9.61M | 0.02% |
507,815
+47,305
| +10% | +$833K |
|
262
KLA
KLAC
$239B
| $9.48M | 0.02% |
1,348,290
-242,460
| -15% | -$1.79M |
|
263
iShares Global Tech ETF
IXN
$8.32B
| $9.46M | 0.02% |
598,242
+29,514
| +5% | +$456K |
|
264
Regions Financial
RF
$26.4B
| $9.25M | 0.02% |
876,343
-25,450
| -3% | -$254K |
|
|
CHL
265
DELISTED
China Mobile Limited
CHL
| $9.17M | 0.02% |
155,834
-91
| -0.1% | -$5.45K |
|
266
Valero Energy
VLO
$92.9B
| $9.12M | 0.02% |
184,244
-18,751
| -9% | -$908K |
|
267
Unum
UNM
$13.6B
| $8.94M | 0.02% |
256,425
+2,589
| +1% | +$87.4K |
|
|
BEAV
268
DELISTED
B/E Aerospace Inc
BEAV
| $8.67M | 0.02% |
149,435
-73,660
| -33% | -$4.11M |
|
269
Omnicom Group
OMC
$21.6B
| $8.67M | 0.02% |
111,895
-27,632
| -20% | -$2.02M |
|
270
M&T Bank
MTB
$35.7B
| $8.66M | 0.02% |
68,904
-14,930
| -18% | -$1.83M |
|
|
MINI
271
DELISTED
Mobile Mini Inc
MINI
| $8.63M | 0.02% |
212,965
-1,400
| -0.7% | -$56.6K |
|
272
Progressive
PGR
$123B
| $8.53M | 0.02% |
316,201
-43,639
| -12% | -$1.15M |
|
273
Harley-Davidson
HOG
$2.58B
| $8.32M | 0.02% |
126,196
-10,810
| -8% | -$698K |
|
274
Northern Trust
NTRS
$22.4B
| $8.21M | 0.02% |
121,890
-15,875
| -12% | -$1.06M |
|
|
JNPR
275
DELISTED
Juniper Networks
JNPR
| $8.17M | 0.02% |
365,933
-71,881
| -16% | -$1.53M |
|
Similar funds
Ken Fisher's Q4 2014 Portfolio in Review
As of Q4 2014, Ken Fisher held 664 positions worth $48.4B, up 3.1% from $46.9B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Ken Fisher's Q4 2014 filing shows 80 new, 228 increased, 245 reduced and 44 closed positions. Its largest new stake was UBS Group: 24,721,456 shares worth $422M. The largest sale was Lloyds Banking Group, an estimated $230M.
By sector, the portfolio is most concentrated in Financials at 22% of assets, up from 20% a quarter earlier, followed by Healthcare and Technology.
- Ken Fisher's largest Q4 2014 buy was UBS Group: 24,721,456 shares worth $422M.
- Ken Fisher added most to Credit Suisse Group in Q4 2014, an estimated $261M increase.
- Ken Fisher's biggest Q4 2014 reduction was Lloyds Banking Group, cutting an estimated $230M.
- Ken Fisher fully exited SUSQUEHANNA BANCSHARES INC in Q4 2014, selling an estimated $42.8M.
- Ken Fisher's ten largest holdings make up 22% of its $48.4B portfolio in Q4 2014.
- Ken Fisher opened 80 new positions and closed 44 in Q4 2014.
- Ken Fisher's portfolio value rose 3.1% quarter-over-quarter to $48.4B.
Based on Fisher Asset Management's 13F filing for Q4 2014, filed 29 Jan 2015.