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 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$56.4M |
| 2 |
Chemed
CHE
|
+$53.8M |
| 3 |
FBGX
UBS AG FI Enhanced Large Cap Growth ETN
FBGX
|
+$53.1M |
| 4 |
Petrobras
PBR
|
+$52.7M |
| 5 |
FIEG
FI Enhanced Global High Yield Exchange Traded Notes
FIEG
|
+$34.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FMER
FIRSTMERIT CORP
FMER
|
+$58.7M |
| 2 |
FBG
UBS AG LONDON BRH FISHER ENHANCED BIG CAP GROWTH ETN
FBG
|
+$38.2M |
| 3 |
PL
PROTECTIVE LIFE CORP
PL
|
+$37.8M |
| 4 |
Sally Beauty Holdings
SBH
|
+$36.2M |
| 5 |
TSMC
TSM
|
+$35.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 20.26% |
| 2 | Healthcare | 14.53% |
| 3 | Technology | 12.41% |
| 4 | Industrials | 7.4% |
| 5 | Consumer Discretionary | 6.07% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
276
Autodesk
ADSK
$49.5B
| $6.44M | 0.01% |
116,895
+11,209
| +11% | +$614K |
|
277
Teradyne
TER
$57.6B
| $6.44M | 0.01% |
332,055
+1,055
| +0.3% | +$20.7K |
|
278
Haemonetics
HAE
$3.89B
| $6.2M | 0.01% |
177,645
| – | – |
|
279
Essex Property Trust
ESS
$18.3B
| $6.08M | 0.01% |
34,038
-620
| -2% | -$117K |
|
280
Littelfuse
LFUS
$11.2B
| $5.86M | 0.01% |
68,745
| – | – |
|
281
Banco Santander
SAN
$201B
| $5.85M | 0.01% |
677,565
-69,528
| -9% | -$627K |
|
|
DASTY
282
DELISTED
DASSAULT SYSTEMES SA ADR
DASTY
| $5.84M | 0.01% |
90,844
+44,825
| +97% | +$2.88M |
|
283
J&J Snack Foods
JJSF
$1.43B
| $5.83M | 0.01% |
62,325
| – | – |
|
284
Hyster-Yale Materials Handling
HY
$599M
| $5.73M | 0.01% |
80,039
-350
| -0.4% | -$27.9K |
|
285
Toronto Dominion Bank
TD
$198B
| $5.62M | 0.01% |
113,873
-5,505
| -5% | -$286K |
|
|
DATA
286
DELISTED
Tableau Software, Inc.
DATA
| $5.6M | 0.01% |
77,080
| – | – |
|
287
Movado Group
MOV
$849M
| $5.54M | 0.01% |
167,498
| – | – |
|
|
TIBX
288
DELISTED
TIBCO SOFTWARE INC
TIBX
| $5.5M | 0.01% |
232,698
-34,230
| -13% | -$700K |
|
|
LNCE
289
DELISTED
Snyders-Lance, Inc.
LNCE
| $5.23M | 0.01% |
197,400
| – | – |
|
290
Warner Bros
WBD
$65.9B
| $5.2M | 0.01% |
137,637
-115,307
| -46% | -$4.8M |
|
291
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23B
| $5.1M | 0.01% |
96,940
-19,330
| -17% | -$1.02M |
|
292
Ericsson
ERIC
$32.2B
| $5.08M | 0.01% |
403,609
-25,027
| -6% | -$311K |
|
293
AB InBev
BUD
$170B
| $5.03M | 0.01% |
45,344
-1,784
| -4% | -$199K |
|
294
Edgewell Personal Care
EPC
$1.25B
| $4.82M | 0.01% |
52,719
+16,161
| +44% | +$1.45M |
|
|
LL
295
DELISTED
LL Flooring Holdings, Inc.
LL
| $4.7M | 0.01% |
81,864
-10,150
| -11% | -$591K |
|
|
DISCK
296
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $4.27M | 0.01% |
+114,602
| New | +$4.64M |
|
297
Alkermes
ALKS
$8.22B
| $4.17M | 0.01% |
97,264
+41,955
| +76% | +$1.88M |
|
|
LPT
298
DELISTED
Liberty Property Trust
LPT
| $3.87M | 0.01% |
116,240
+10,725
| +10% | +$385K |
|
299
McDonald's
MCD
$192B
| $3.78M | 0.01% |
39,856
-107,482
| -73% | -$10.3M |
|
300
D.R. Horton
DHI
$40B
| $3.77M | 0.01% |
183,700
+43,050
| +31% | +$948K |
|
Similar funds
Ken Fisher's Q3 2014 Portfolio in Review
As of Q3 2014, Ken Fisher held 645 positions worth $46.9B, down 1.4% from $47.6B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Ken Fisher's Q3 2014 filing shows 47 new, 202 increased, 264 reduced and 61 closed positions. Its largest new stake was Chemed: 530,910 shares worth $54.6M. The largest sale was FIRSTMERIT CORP, an estimated $58.7M.
By sector, the portfolio is most concentrated in Financials at 20% of assets, up from 20% a quarter earlier, followed by Healthcare and Technology.
- Ken Fisher's largest Q3 2014 buy was Chemed: 530,910 shares worth $54.6M.
- Ken Fisher added most to iShares iBoxx $ Investment Grade Corporate Bond ETF in Q3 2014, an estimated $56.4M increase.
- Ken Fisher's biggest Q3 2014 reduction was FIRSTMERIT CORP, cutting an estimated $58.7M.
- Ken Fisher fully exited PROTECTIVE LIFE CORP in Q3 2014, selling an estimated $37.8M.
- Ken Fisher's ten largest holdings make up 22% of its $46.9B portfolio in Q3 2014.
- Ken Fisher opened 47 new positions and closed 61 in Q3 2014.
- Ken Fisher's portfolio value fell 1.4% quarter-over-quarter to $46.9B.
Based on Fisher Asset Management's 13F filing for Q3 2014, filed 20 Oct 2014.