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 |
UBS Group
UBS
|
+$423M |
| 2 |
CS
Credit Suisse Group
CS
|
+$261M |
| 3 |
Barclays
BCS
|
+$240M |
| 4 |
ABB
ABB Ltd
ABB
|
+$161M |
| 5 |
Trip.com Group
TCOM
|
+$113M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Lloyds Banking Group
LYG
|
+$230M |
| 2 |
SI
SIEMENS AKTIENGESELLSCHAFT ADS
SI
|
+$162M |
| 3 |
BF
BASF AKTIENGESELLT ADS(RP1 ORD
BF
|
+$84M |
| 4 |
BHP
BHP
|
+$60.3M |
| 5 |
SUSQ
SUSQUEHANNA BANCSHARES INC
SUSQ
|
+$42.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 21.7% |
| 2 | Healthcare | 13.73% |
| 3 | Technology | 13.21% |
| 4 | Industrials | 7.16% |
| 5 | Consumer Discretionary | 6.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CA
276
DELISTED
CA, Inc.
CA
| $7.61M | 0.02% |
249,895
-2,731
| -1% | -$79.8K |
|
277
Viavi Solutions
VIAV
$9.12B
| $7.57M | 0.02% |
970,026
+62,112
| +7% | +$463K |
|
|
RDS.A
278
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $7.53M | 0.02% |
112,401
+1,982
| +2% | +$137K |
|
279
CF Industries
CF
$19.2B
| $7.45M | 0.02% |
136,660
-26,600
| -16% | -$1.4M |
|
280
Halozyme
HALO
$9.79B
| $7.36M | 0.02% |
762,780
| – | – |
|
281
Haemonetics
HAE
$3.89B
| $7.27M | 0.02% |
194,245
+16,600
| +9% | +$608K |
|
|
LL
282
DELISTED
LL Flooring Holdings, Inc.
LL
| $7.25M | 0.02% |
109,364
+27,500
| +34% | +$1.59M |
|
283
Essex Property Trust
ESS
$18.3B
| $6.79M | 0.01% |
32,878
-1,160
| -3% | -$230K |
|
284
J&J Snack Foods
JJSF
$1.43B
| $6.78M | 0.01% |
62,325
| – | – |
|
285
Littelfuse
LFUS
$11.2B
| $6.76M | 0.01% |
69,895
+1,150
| +2% | +$107K |
|
|
VRE
286
DELISTED
Veris Residential
VRE
| $6.61M | 0.01% |
346,755
-6,025
| -2% | -$115K |
|
287
Teradyne
TER
$57.6B
| $6.55M | 0.01% |
331,000
-1,055
| -0.3% | -$19.9K |
|
288
Alkermes
ALKS
$8.22B
| $6.28M | 0.01% |
107,164
+9,900
| +10% | +$504K |
|
|
LOCK
289
DELISTED
LifeLock, Inc.
LOCK
| $6.22M | 0.01% |
335,998
+282,875
| +532% | +$4.66M |
|
290
Edgewell Personal Care
EPC
$1.25B
| $6.19M | 0.01% |
64,919
+12,200
| +23% | +$1.12M |
|
|
LNCE
291
DELISTED
Snyders-Lance, Inc.
LNCE
| $5.91M | 0.01% |
193,500
-3,900
| -2% | -$113K |
|
292
Hyster-Yale Materials Handling
HY
$599M
| $5.86M | 0.01% |
80,039
| – | – |
|
293
Ultrapar
UGP
$6.95B
| $5.84M | 0.01% |
612,864
-66,148
| -10% | -$667K |
|
294
IBM
IBM
$211B
| $5.78M | 0.01% |
37,662
-11,287
| -23% | -$1.8M |
|
295
D.R. Horton
DHI
$40B
| $5.77M | 0.01% |
228,280
+44,580
| +24% | +$1.04M |
|
296
Nucor
NUE
$58.6B
| $5.75M | 0.01% |
117,289
-5,433
| -4% | -$283K |
|
|
DASTY
297
DELISTED
DASSAULT SYSTEMES SA ADR
DASTY
| $5.55M | 0.01% |
90,680
-164
| -0.2% | -$10K |
|
298
Toronto Dominion Bank
TD
$198B
| $5.41M | 0.01% |
113,284
-589
| -0.5% | -$28.4K |
|
299
Warner Bros
WBD
$65.9B
| $5.17M | 0.01% |
150,131
+12,494
| +9% | +$433K |
|
300
Movado Group
MOV
$849M
| $5.1M | 0.01% |
179,898
+12,400
| +7% | +$386K |
|
Similar funds
Ken Fisher's Q4 2014 Portfolio in Review
As of Q4 2014, Ken Fisher held 664 positions worth $48.4B, up 3.1% from $46.9B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Ken Fisher's Q4 2014 filing shows 80 new, 228 increased, 245 reduced and 44 closed positions. Its largest new stake was UBS Group: 24,721,456 shares worth $422M. The largest sale was Lloyds Banking Group, an estimated $230M.
By sector, the portfolio is most concentrated in Financials at 22% of assets, up from 20% a quarter earlier, followed by Healthcare and Technology.
- Ken Fisher's largest Q4 2014 buy was UBS Group: 24,721,456 shares worth $422M.
- Ken Fisher added most to Credit Suisse Group in Q4 2014, an estimated $261M increase.
- Ken Fisher's biggest Q4 2014 reduction was Lloyds Banking Group, cutting an estimated $230M.
- Ken Fisher fully exited SUSQUEHANNA BANCSHARES INC in Q4 2014, selling an estimated $42.8M.
- Ken Fisher's ten largest holdings make up 22% of its $48.4B portfolio in Q4 2014.
- Ken Fisher opened 80 new positions and closed 44 in Q4 2014.
- Ken Fisher's portfolio value rose 3.1% quarter-over-quarter to $48.4B.
Based on Fisher Asset Management's 13F filing for Q4 2014, filed 29 Jan 2015.