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 |
AB InBev
BUD
|
+$543M |
| 2 |
ExxonMobil
XOM
|
+$75.8M |
| 3 |
Trip.com Group
TCOM
|
+$57M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$56.8M |
| 5 |
Alibaba
BABA
|
+$52.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Toyota
TM
|
+$571M |
| 2 |
Chevron
CVX
|
+$76.5M |
| 3 |
SFG
STANCORP FINL GRP
SFG
|
+$39.1M |
| 4 |
NVO
Novo Nordisk
NVO
|
+$36.4M |
| 5 |
Gilead Sciences
GILD
|
+$25.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 20.2% |
| 2 | Healthcare | 14.84% |
| 3 | Technology | 13.02% |
| 4 | Consumer Discretionary | 7.11% |
| 5 | Industrials | 6.4% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
MINI
276
DELISTED
Mobile Mini Inc
MINI
| $7.97M | 0.02% |
258,990
-11,175
| -4% | -$395K |
|
277
Terex
TEX
$7.18B
| $7.57M | 0.02% |
422,147
+27,485
| +7% | +$599K |
|
278
M&T Bank
MTB
$35.7B
| $7.52M | 0.02% |
61,645
+46
| +0.1% | +$5.75K |
|
279
Essex Property Trust
ESS
$18.3B
| $7.52M | 0.02% |
33,645
-2,078
| -6% | -$458K |
|
280
Progressive
PGR
$123B
| $7.34M | 0.02% |
239,649
-31,500
| -12% | -$952K |
|
281
Harley-Davidson
HOG
$2.58B
| $7.2M | 0.02% |
131,061
+780
| +0.6% | +$44K |
|
282
Walmart Inc
WMT
$885B
| $7.15M | 0.01% |
330,912
-43,290
| -12% | -$993K |
|
283
Alkermes
ALKS
$8.22B
| $7.04M | 0.01% |
119,920
+12,756
| +12% | +$842K |
|
|
DASTY
284
DELISTED
DASSAULT SYSTEMES SA ADR
DASTY
| $6.93M | 0.01% |
94,089
+237
| +0.3% | +$17.5K |
|
285
Northern Trust
NTRS
$33.3B
| $6.91M | 0.01% |
101,440
-959
| -0.9% | -$70.4K |
|
286
Haemonetics
HAE
$3.89B
| $6.75M | 0.01% |
208,920
+19,400
| +10% | +$730K |
|
287
Omnicom Group
OMC
$21.6B
| $6.64M | 0.01% |
100,813
-2,316
| -2% | -$162K |
|
288
J&J Snack Foods
JJSF
$1.43B
| $6.64M | 0.01% |
58,425
-3,900
| -6% | -$448K |
|
|
VRE
289
DELISTED
Veris Residential
VRE
| $6.47M | 0.01% |
342,605
-4,150
| -1% | -$81.6K |
|
|
SHPG
290
DELISTED
Shire pic
SHPG
| $6.38M | 0.01% |
31,064
+10,903
| +54% | +$2.59M |
|
291
Ligand Pharmaceuticals
LGND
$5.76B
| $6.05M | 0.01% |
113,305
-15,910
| -12% | -$965K |
|
292
Teradyne
TER
$57.6B
| $5.96M | 0.01% |
331,000
-507
| -0.2% | -$9.34K |
|
293
KLA
KLAC
$239B
| $5.93M | 0.01% |
1,186,940
+2,400
| +0.2% | +$12.3K |
|
|
BEAV
294
DELISTED
B/E Aerospace Inc
BEAV
| $5.78M | 0.01% |
131,675
-31,835
| -19% | -$1.59M |
|
|
RDS.A
295
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $5.71M | 0.01% |
120,554
+2,301
| +2% | +$123K |
|
296
CF Industries
CF
$19.2B
| $5.25M | 0.01% |
117,015
-1,520
| -1% | -$88.4K |
|
297
Nucor
NUE
$58.6B
| $4.82M | 0.01% |
128,224
-1,587
| -1% | -$68K |
|
|
PCH
298
DELISTED
PotlatchDeltic
PCH
| $4.68M | 0.01% |
162,690
-30,386
| -16% | -$1.02M |
|
299
Hyster-Yale Materials Handling
HY
$599M
| $4.45M | 0.01% |
76,939
+725
| +1% | +$46.3K |
|
300
Warner Bros
WBD
$65.9B
| $4.41M | 0.01% |
169,441
+2,539
| +2% | +$75.1K |
|
Similar funds
Ken Fisher's Q3 2015 Portfolio in Review
As of Q3 2015, Ken Fisher held 777 positions worth $48B, down 6.7% from $51.4B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Fisher's Q3 2015 filing shows 146 new, 253 increased, 242 reduced and 62 closed positions. Its largest new stake was First American: 571,175 shares worth $22.3M. The largest sale was Toyota, an estimated $571M.
By sector, the portfolio is most concentrated in Financials at 20% of assets, down from 21% a quarter earlier, followed by Healthcare and Technology.
- Ken Fisher's largest Q3 2015 buy was First American: 571,175 shares worth $22.3M.
- Ken Fisher added most to AB InBev in Q3 2015, an estimated $543M increase.
- Ken Fisher's biggest Q3 2015 reduction was Toyota, cutting an estimated $571M.
- Ken Fisher fully exited STANCORP FINL GRP in Q3 2015, selling an estimated $39.1M.
- Ken Fisher's ten largest holdings make up 23% of its $48B portfolio in Q3 2015.
- Ken Fisher opened 146 new positions and closed 62 in Q3 2015.
- Ken Fisher's portfolio value fell 6.7% quarter-over-quarter to $48B.
Based on Fisher Asset Management's 13F filing for Q3 2015, filed 20 Oct 2015.