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 |
AB InBev
BUD
|
+$543M |
| 2 |
ExxonMobil
XOM
|
+$75.8M |
| 3 |
Trip.com Group
TCOM
|
+$57M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$56.8M |
| 5 |
Alibaba
BABA
|
+$52.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Toyota
TM
|
+$571M |
| 2 |
Chevron
CVX
|
+$76.5M |
| 3 |
SFG
STANCORP FINL GRP
SFG
|
+$39.1M |
| 4 |
NVO
Novo Nordisk
NVO
|
+$36.4M |
| 5 |
Gilead Sciences
GILD
|
+$25.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 20.2% |
| 2 | Healthcare | 14.84% |
| 3 | Technology | 13.02% |
| 4 | Consumer Discretionary | 7.11% |
| 5 | Industrials | 6.4% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
251
Morgan Stanley
MS
$331B
| $11.1M | 0.02% |
352,327
+2,462
| +0.7% | +$89.6K |
|
252
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$22.6B
| $10.9M | 0.02% |
293,886
-102,434
| -26% | -$3.94M |
|
253
Dana Inc
DAN
$2.9B
| $10.9M | 0.02% |
685,080
+61,814
| +10% | +$1.12M |
|
254
iShares 1-3 Year Treasury Bond ETF
SHY
$25.5B
| $10.8M | 0.02% |
127,027
+2,864
| +2% | +$243K |
|
255
Ross Stores
ROST
$80.5B
| $10.7M | 0.02% |
220,098
-2,800
| -1% | -$143K |
|
256
Valero Energy
VLO
$90.1B
| $10.7M | 0.02% |
177,469
-2,100
| -1% | -$133K |
|
257
Northwest Natural Holdings
NWN
$2.06B
| $10.6M | 0.02% |
231,937
-9,800
| -4% | -$431K |
|
258
BorgWarner
BWA
$13.1B
| $10.4M | 0.02% |
283,253
+20,903
| +8% | +$869K |
|
259
Hain Celestial
HAIN
$45M
| $10.2M | 0.02% |
198,110
-10,500
| -5% | -$665K |
|
260
iShares Global Tech ETF
IXN
$8.32B
| $10.2M | 0.02% |
678,726
+27,222
| +4% | +$426K |
|
261
UFP Industries
UFPI
$4.9B
| $9.78M | 0.02% |
508,425
+140,535
| +38% | +$2.8M |
|
262
Ziff Davis
ZD
$1.96B
| $9.71M | 0.02% |
157,579
-18,860
| -11% | -$1.14M |
|
263
KB Financial Group
KB
$41.4B
| $9.68M | 0.02% |
329,455
+7,055
| +2% | +$214K |
|
264
iShare MSCI Eurozone ETF
EZU
$9.64B
| $9.66M | 0.02% |
+281,286
| New | +$10.4M |
|
265
Halozyme
HALO
$9.79B
| $9.51M | 0.02% |
707,780
-33,175
| -4% | -$666K |
|
|
LNCE
266
DELISTED
Snyders-Lance, Inc.
LNCE
| $9.43M | 0.02% |
279,500
| – | – |
|
267
IPG Photonics
IPGP
$3.61B
| $9.27M | 0.02% |
122,039
-7,200
| -6% | -$610K |
|
268
eBay
EBAY
$50.6B
| $9.21M | 0.02% |
376,617
-669,626
| -64% | -$18M |
|
|
GHL
269
DELISTED
Greenhill & Co., Inc.
GHL
| $9.14M | 0.02% |
320,932
-5,273
| -2% | -$194K |
|
270
Unum
UNM
$13.6B
| $8.93M | 0.02% |
278,325
+24,700
| +10% | +$851K |
|
|
DATA
271
DELISTED
Tableau Software, Inc.
DATA
| $8.78M | 0.02% |
110,006
-6,424
| -6% | -$666K |
|
272
Prologis
PLD
$135B
| $8.73M | 0.02% |
224,537
+6,623
| +3% | +$259K |
|
273
Yelp
YELP
$1.45B
| $8.25M | 0.02% |
380,865
+273,965
| +256% | +$7.6M |
|
|
JNPR
274
DELISTED
Juniper Networks
JNPR
| $8.23M | 0.02% |
320,307
+108
| +0% | +$2.85K |
|
|
CA
275
DELISTED
CA, Inc.
CA
| $8.2M | 0.02% |
300,291
+43,959
| +17% | +$1.26M |
|
Similar funds
Ken Fisher's Q3 2015 Portfolio in Review
As of Q3 2015, Ken Fisher held 777 positions worth $48B, down 6.7% from $51.4B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Fisher's Q3 2015 filing shows 146 new, 253 increased, 242 reduced and 62 closed positions. Its largest new stake was First American: 571,175 shares worth $22.3M. The largest sale was Toyota, an estimated $571M.
By sector, the portfolio is most concentrated in Financials at 20% of assets, down from 21% a quarter earlier, followed by Healthcare and Technology.
- Ken Fisher's largest Q3 2015 buy was First American: 571,175 shares worth $22.3M.
- Ken Fisher added most to AB InBev in Q3 2015, an estimated $543M increase.
- Ken Fisher's biggest Q3 2015 reduction was Toyota, cutting an estimated $571M.
- Ken Fisher fully exited STANCORP FINL GRP in Q3 2015, selling an estimated $39.1M.
- Ken Fisher's ten largest holdings make up 23% of its $48B portfolio in Q3 2015.
- Ken Fisher opened 146 new positions and closed 62 in Q3 2015.
- Ken Fisher's portfolio value fell 6.7% quarter-over-quarter to $48B.
Based on Fisher Asset Management's 13F filing for Q3 2015, filed 20 Oct 2015.