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 |
FIEE
FI Enhanced Europe 50 ETN
FIEE
|
+$334M |
| 2 |
Goldman Sachs
GS
|
+$280M |
| 3 |
Capital One
COF
|
+$81.6M |
| 4 |
NXP Semiconductors
NXPI
|
+$78.2M |
| 5 |
Lloyds Banking Group
LYG
|
+$70.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FEEU
Barclays ETN+ FI Enhanced Europe 50 ETN
FEEU
|
+$267M |
| 2 |
Citigroup
C
|
+$175M |
| 3 |
Bank of America
BAC
|
+$112M |
| 4 |
CS
Credit Suisse Group
CS
|
+$109M |
| 5 |
American Express
AXP
|
+$77.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.39% |
| 2 | Technology | 14.47% |
| 3 | Healthcare | 13.22% |
| 4 | Consumer Discretionary | 8.36% |
| 5 | Industrials | 6.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
LNCE
251
DELISTED
Snyders-Lance, Inc.
LNCE
| $13.7M | 0.02% |
406,649
+28,210
| +7% | +$977K |
|
252
T. Rowe Price
TROW
$23.9B
| $12.9M | 0.02% |
194,623
-14,274
| -7% | -$995K |
|
|
NUAN
253
DELISTED
Nuance Communications, Inc.
NUAN
| $12.8M | 0.02% |
1,018,463
+51,282
| +5% | +$672K |
|
254
Union Pacific
UNP
$174B
| $12.5M | 0.02% |
128,017
+1,413
| +1% | +$132K |
|
|
SGI
255
Somnigroup International
SGI
$13.7B
| $12.4M | 0.02% |
870,776
| – | – |
|
256
Dana Inc
DAN
$2.9B
| $12.3M | 0.02% |
789,984
+26,915
| +4% | +$367K |
|
257
iShare MSCI Eurozone ETF
EZU
$9.64B
| $12.2M | 0.02% |
354,735
+12,985
| +4% | +$438K |
|
258
PayPal
PYPL
$48.9B
| $12M | 0.02% |
292,143
+1,645
| +0.6% | +$63.2K |
|
259
Rockwell Automation
ROK
$53.4B
| $11.8M | 0.02% |
96,807
-16,459
| -15% | -$1.92M |
|
260
CVS Health
CVS
$133B
| $11.8M | 0.02% |
132,741
+2,958
| +2% | +$279K |
|
|
EPAY
261
DELISTED
Bottomline Technologies Inc
EPAY
| $11.4M | 0.02% |
490,159
+166,800
| +52% | +$3.66M |
|
262
Terex
TEX
$7.18B
| $11.2M | 0.02% |
441,605
+15,043
| +4% | +$351K |
|
263
IPG Photonics
IPGP
$3.61B
| $10.9M | 0.02% |
132,067
+5,585
| +4% | +$467K |
|
264
Ross Stores
ROST
$80.5B
| $10.8M | 0.02% |
168,533
-26,326
| -14% | -$1.62M |
|
265
Weyerhaeuser
WY
$18B
| $10.8M | 0.02% |
337,654
-54,240
| -14% | -$1.71M |
|
|
WFM
266
DELISTED
Whole Foods Market Inc
WFM
| $10.6M | 0.02% |
374,606
+357,296
| +2,064% | +$11M |
|
267
Ford
F
$58.5B
| $10.4M | 0.02% |
863,225
+6,003
| +0.7% | +$75.8K |
|
268
Align Technology
ALGN
$12.1B
| $10.3M | 0.02% |
109,455
-6,811
| -6% | -$616K |
|
269
IQVIA
IQV
$38.7B
| $10.3M | 0.02% |
126,587
+38,423
| +44% | +$2.91M |
|
270
Ziff Davis
ZD
$1.96B
| $9.93M | 0.02% |
171,378
+9,315
| +6% | +$542K |
|
271
Haemonetics
HAE
$3.89B
| $9.69M | 0.02% |
267,712
+10,245
| +4% | +$352K |
|
272
Regions Financial
RF
$26.4B
| $9.62M | 0.02% |
974,512
-246,645
| -20% | -$2.31M |
|
|
VRE
273
DELISTED
Veris Residential
VRE
| $9.5M | 0.02% |
349,005
+12,050
| +4% | +$333K |
|
274
Prologis
PLD
$135B
| $9.22M | 0.02% |
172,193
-23,019
| -12% | -$1.21M |
|
275
Halozyme
HALO
$9.79B
| $8.76M | 0.02% |
725,011
| – | – |
|
Similar funds
Ken Fisher's Q3 2016 Portfolio in Review
As of Q3 2016, Ken Fisher held 812 positions worth $56.3B, up 4.5% from $53.9B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Fisher's Q3 2016 filing shows 67 new, 303 increased, 278 reduced and 36 closed positions. Its largest new stake was iShares Europe ETF: 130,527 shares worth $5.14M. The largest sale was Barclays ETN+ FI Enhanced Europe 50 ETN, an estimated $267M.
By sector, the portfolio is most concentrated in Financials at 17% of assets, up from 17% a quarter earlier, followed by Technology and Healthcare.
- Ken Fisher's largest Q3 2016 buy was iShares Europe ETF: 130,527 shares worth $5.14M.
- Ken Fisher added most to FI Enhanced Europe 50 ETN in Q3 2016, an estimated $334M increase.
- Ken Fisher's biggest Q3 2016 reduction was Barclays ETN+ FI Enhanced Europe 50 ETN, cutting an estimated $267M.
- Ken Fisher fully exited PrivateBancorp Inc in Q3 2016, selling an estimated $61.3M.
- Ken Fisher's ten largest holdings make up 23% of its $56.3B portfolio in Q3 2016.
- Ken Fisher opened 67 new positions and closed 36 in Q3 2016.
- Ken Fisher's portfolio value rose 4.5% quarter-over-quarter to $56.3B.
Based on Fisher Asset Management's 13F filing for Q3 2016, filed 11 Oct 2016.