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 |
FIHD
UBS AG FI Enhanced Global High Yield ETN
FIHD
|
+$353M |
| 2 |
Televisa
TV
|
+$92.4M |
| 3 |
FLGE
Credit Suisse FI Large Cap Growth Enhanced Exchange Traded Notes
FLGE
|
+$38.2M |
| 4 |
DST
DST Systems Inc.
DST
|
+$36.8M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$27M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FIEG
FI Enhanced Global High Yield Exchange Traded Notes
FIEG
|
+$315M |
| 2 |
CAB
Cabela's Inc
CAB
|
+$56.7M |
| 3 |
NXP Semiconductors
NXPI
|
+$48.7M |
| 4 |
TSMC
TSM
|
+$24.7M |
| 5 |
FIGY
Barclays ETN+ FI Enhanced Global High Yield ETN
FIGY
|
+$23.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.9% |
| 2 | Technology | 14.05% |
| 3 | Healthcare | 12.4% |
| 4 | Consumer Discretionary | 7.69% |
| 5 | Industrials | 6.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
251
iShare MSCI Eurozone ETF
EZU
$9.64B
| $13.5M | 0.02% |
391,052
+36,317
| +10% | +$1.23M |
|
252
Regions Financial
RF
$26.4B
| $13.4M | 0.02% |
930,185
-44,327
| -5% | -$548K |
|
253
Yelp
YELP
$1.45B
| $13.3M | 0.02% |
348,076
-22,475
| -6% | -$831K |
|
254
Terex
TEX
$7.18B
| $13.2M | 0.02% |
419,167
-22,438
| -5% | -$622K |
|
255
Cincinnati Financial
CINF
$27.3B
| $13.2M | 0.02% |
174,304
-7,808
| -4% | -$581K |
|
|
NUAN
256
DELISTED
Nuance Communications, Inc.
NUAN
| $12.7M | 0.02% |
981,246
-37,217
| -4% | -$479K |
|
257
Rockwell Automation
ROK
$53.4B
| $12.4M | 0.02% |
92,017
-4,790
| -5% | -$612K |
|
258
D.R. Horton
DHI
$40B
| $12.1M | 0.02% |
442,105
-24,223
| -5% | -$692K |
|
259
PayPal
PYPL
$48.9B
| $11.7M | 0.02% |
296,958
+4,815
| +2% | +$194K |
|
260
IPG Photonics
IPGP
$3.61B
| $11.4M | 0.02% |
115,053
-17,014
| -13% | -$1.59M |
|
|
NSR
261
DELISTED
Neustar Inc
NSR
| $11.2M | 0.02% |
336,780
+41,958
| +14% | +$1.11M |
|
|
WFM
262
DELISTED
Whole Foods Market Inc
WFM
| $10.9M | 0.02% |
355,826
-18,780
| -5% | -$565K |
|
263
Ford
F
$58.5B
| $10.8M | 0.02% |
891,065
+27,840
| +3% | +$338K |
|
264
Ross Stores
ROST
$80.5B
| $10.8M | 0.02% |
164,649
-3,884
| -2% | -$254K |
|
265
Haemonetics
HAE
$3.89B
| $10.8M | 0.02% |
267,667
-45
| -0% | -$1.7K |
|
266
CVS Health
CVS
$133B
| $10.6M | 0.02% |
134,917
+2,176
| +2% | +$176K |
|
267
Ziff Davis
ZD
$1.96B
| $10.4M | 0.02% |
145,951
-25,427
| -15% | -$1.62M |
|
268
IQVIA
IQV
$38.7B
| $10.2M | 0.02% |
134,287
+7,700
| +6% | +$590K |
|
|
VRE
269
DELISTED
Veris Residential
VRE
| $10.1M | 0.02% |
349,005
| – | – |
|
270
Align Technology
ALGN
$12.1B
| $9.83M | 0.02% |
102,242
-7,213
| -7% | -$670K |
|
|
EPAY
271
DELISTED
Bottomline Technologies Inc
EPAY
| $9.76M | 0.02% |
390,071
-100,088
| -20% | -$2.38M |
|
272
Omnicom Group
OMC
$21.6B
| $9.57M | 0.02% |
112,454
+15,892
| +16% | +$1.33M |
|
273
Weyerhaeuser
WY
$18B
| $9.54M | 0.02% |
317,076
-20,578
| -6% | -$634K |
|
274
iShares MSCI Europe Financials ETF
EUFN
$4.14B
| $9.41M | 0.02% |
496,441
+1,538
| +0.3% | +$27.8K |
|
275
Teradyne
TER
$57.6B
| $9.4M | 0.02% |
370,187
-10
| -0% | -$237 |
|
Similar funds
Ken Fisher's Q4 2016 Portfolio in Review
As of Q4 2016, Ken Fisher held 837 positions worth $57.4B, up 2% from $56.3B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Ken Fisher's Q4 2016 filing shows 61 new, 208 increased, 401 reduced and 54 closed positions. Its largest new stake was Barclays ETN+ FI Enhanced Europe 50 ETN Series B: 174,286 shares worth $18.7M. The largest sale was FI Enhanced Global High Yield Exchange Traded Notes, an estimated $315M.
By sector, the portfolio is most concentrated in Financials at 20% of assets, up from 17% a quarter earlier, followed by Technology and Healthcare.
- Ken Fisher's largest Q4 2016 buy was Barclays ETN+ FI Enhanced Europe 50 ETN Series B: 174,286 shares worth $18.7M.
- Ken Fisher added most to UBS AG FI Enhanced Global High Yield ETN in Q4 2016, an estimated $353M increase.
- Ken Fisher's biggest Q4 2016 reduction was FI Enhanced Global High Yield Exchange Traded Notes, cutting an estimated $315M.
- Ken Fisher fully exited Cabela's Inc in Q4 2016, selling an estimated $56.7M.
- Ken Fisher's ten largest holdings make up 22% of its $57.4B portfolio in Q4 2016.
- Ken Fisher opened 61 new positions and closed 54 in Q4 2016.
- Ken Fisher's portfolio value rose 2% quarter-over-quarter to $57.4B.
Based on Fisher Asset Management's 13F filing for Q4 2016, filed 10 Jan 2017.