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 |
Walmart Inc
WMT
|
+$323M |
| 2 |
JD.com
JD
|
+$141M |
| 3 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$90.2M |
| 4 |
America Movil
AMX
|
+$62.6M |
| 5 |
FIHD
UBS AG FI Enhanced Global High Yield ETN
FIHD
|
+$60.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$351M |
| 2 |
EMBJ
Embraer S.A. ADS
EMBJ
|
+$104M |
| 3 |
FEIC
FEI COMPANY
FEIC
|
+$39.1M |
| 4 |
FIGY
Barclays ETN+ FI Enhanced Global High Yield ETN
FIGY
|
+$36.1M |
| 5 |
FBGX
UBS AG FI Enhanced Large Cap Growth ETN
FBGX
|
+$28.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.08% |
| 2 | Healthcare | 14.41% |
| 3 | Technology | 13.36% |
| 4 | Consumer Discretionary | 8.06% |
| 5 | Industrials | 6.42% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
251
Capital One
COF
$129B
| $12.9M | 0.02% |
+195,440
| New | +$13.6M |
|
252
CVS Health
CVS
$134B
| $12.6M | 0.02% |
129,783
-12,541
| -9% | -$1.25M |
|
|
SGI
253
Somnigroup International
SGI
$14.1B
| $12.4M | 0.02% |
870,776
+11,416
| +1% | +$168K |
|
254
Weyerhaeuser
WY
$16.9B
| $12.2M | 0.02% |
391,894
-24,470
| -6% | -$753K |
|
255
Yelp
YELP
$1.44B
| $11.7M | 0.02% |
391,351
+10,486
| +3% | +$255K |
|
256
Union Pacific
UNP
$172B
| $11.6M | 0.02% |
126,604
-4,849
| -4% | -$410K |
|
257
Warner Bros
WBD
$63.9B
| $11.4M | 0.02% |
451,867
-2,651
| -0.6% | -$72.5K |
|
258
Ford
F
$59.3B
| $11.4M | 0.02% |
857,222
-92,130
| -10% | -$1.21M |
|
259
Ross Stores
ROST
$81B
| $11.3M | 0.02% |
194,859
-17,619
| -8% | -$978K |
|
|
GHL
260
DELISTED
Greenhill & Co., Inc.
GHL
| $11.1M | 0.02% |
632,644
+2,425
| +0.4% | +$48.1K |
|
261
PayPal
PYPL
$49.3B
| $11.1M | 0.02% |
290,498
-29,924
| -9% | -$1.14M |
|
262
iShare MSCI Eurozone ETF
EZU
$9.65B
| $11M | 0.02% |
341,750
+34,526
| +11% | +$1.18M |
|
263
Hain Celestial
HAIN
$44.4M
| $10.7M | 0.02% |
204,295
+5,666
| +3% | +$262K |
|
264
Regions Financial
RF
$26.3B
| $10.5M | 0.02% |
1,221,157
-73,396
| -6% | -$665K |
|
265
AstraZeneca
AZN
$266B
| $10.2M | 0.02% |
169,490
+52,785
| +45% | +$3.07M |
|
266
IPG Photonics
IPGP
$3.6B
| $10.1M | 0.02% |
126,482
+3,063
| +2% | +$269K |
|
267
Omnicom Group
OMC
$21.8B
| $9.82M | 0.02% |
116,923
-11,108
| -9% | -$923K |
|
268
Prologis
PLD
$136B
| $9.74M | 0.02% |
195,212
-14,429
| -7% | -$678K |
|
269
Align Technology
ALGN
$12.4B
| $9.69M | 0.02% |
116,266
+2,685
| +2% | +$205K |
|
|
VRE
270
DELISTED
Veris Residential
VRE
| $9.44M | 0.02% |
336,955
| – | – |
|
|
CA
271
DELISTED
CA, Inc.
CA
| $9.41M | 0.02% |
276,674
-13,506
| -5% | -$423K |
|
272
Ligand Pharmaceuticals
LGND
$5.94B
| $9.18M | 0.02% |
116,041
+2,896
| +3% | +$215K |
|
273
Ziff Davis
ZD
$1.94B
| $9.17M | 0.02% |
162,063
+4,484
| +3% | +$249K |
|
274
Terex
TEX
$7.11B
| $8.83M | 0.02% |
426,562
+19,476
| +5% | +$445K |
|
275
Dana Inc
DAN
$2.91B
| $8.32M | 0.02% |
763,069
+107,091
| +16% | +$1.32M |
|
Similar funds
Ken Fisher's Q2 2016 Portfolio in Review
As of Q2 2016, Ken Fisher held 787 positions worth $53.9B, up 2.4% from $52.6B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Fisher's Q2 2016 filing shows 43 new, 284 increased, 281 reduced and 42 closed positions. Its largest new stake was DST Systems Inc.: 280,332 shares worth $16.9M. The largest sale was Amazon, an estimated $351M.
By sector, the portfolio is most concentrated in Financials at 17% of assets, down from 18% a quarter earlier, followed by Healthcare and Technology.
- Ken Fisher's largest Q2 2016 buy was DST Systems Inc.: 280,332 shares worth $16.9M.
- Ken Fisher added most to Walmart Inc in Q2 2016, an estimated $323M increase.
- Ken Fisher's biggest Q2 2016 reduction was Amazon, cutting an estimated $351M.
- Ken Fisher fully exited Embraer S.A. ADS in Q2 2016, selling an estimated $104M.
- Ken Fisher's ten largest holdings make up 23% of its $53.9B portfolio in Q2 2016.
- Ken Fisher opened 43 new positions and closed 42 in Q2 2016.
- Ken Fisher's portfolio value rose 2.4% quarter-over-quarter to $53.9B.
Based on Fisher Asset Management's 13F filing for Q2 2016, filed 12 Jul 2016.