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 |
Alphabet (Google) Class A
GOOGL
|
+$702M |
| 2 |
CAA
CalAtlantic Group, Inc.
CAA
|
+$90.3M |
| 3 |
America Movil
AMX
|
+$71.3M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$62.1M |
| 5 |
Stratasys
SSYS
|
+$53.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class C
GOOG
|
+$671M |
| 2 |
RYL
RYLAND GROUP INC
RYL
|
+$90.9M |
| 3 |
PMCS
P M C SIERRA INC
PMCS
|
+$76.3M |
| 4 |
BMR
BIOMED REALTY TRUST INC
BMR
|
+$40.1M |
| 5 |
HPY
HEARTLAND PAYMENT SYSTEMS, INC. COM STK
HPY
|
+$38.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.64% |
| 2 | Healthcare | 14.19% |
| 3 | Technology | 13.13% |
| 4 | Consumer Discretionary | 7.98% |
| 5 | Industrials | 6.61% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
276
Warner Bros
WBD
$65.9B
| $9.36M | 0.02% |
350,717
+181,276
| +107% | +$5.23M |
|
277
Dana Inc
DAN
$2.9B
| $9.32M | 0.02% |
675,226
-9,854
| -1% | -$155K |
|
278
Bristol-Myers Squibb
BMY
$133B
| $9.27M | 0.02% |
134,800
+73,620
| +120% | +$4.87M |
|
279
KB Financial Group
KB
$41.4B
| $9.26M | 0.02% |
332,085
+2,630
| +0.8% | +$79.5K |
|
|
GHL
280
DELISTED
Greenhill & Co., Inc.
GHL
| $9.24M | 0.02% |
322,894
+1,962
| +0.6% | +$53K |
|
281
Unum
UNM
$13.6B
| $9.11M | 0.02% |
273,784
-4,541
| -2% | -$157K |
|
|
JNPR
282
DELISTED
Juniper Networks
JNPR
| $8.59M | 0.02% |
311,305
-9,002
| -3% | -$266K |
|
|
CA
283
DELISTED
CA, Inc.
CA
| $8.44M | 0.02% |
295,525
-4,766
| -2% | -$134K |
|
|
NUAN
284
DELISTED
Nuance Communications, Inc.
NUAN
| $8.3M | 0.02% |
+481,895
| New | +$7.83M |
|
|
MINI
285
DELISTED
Mobile Mini Inc
MINI
| $8.06M | 0.02% |
258,990
| – | – |
|
286
Hain Celestial
HAIN
$45M
| $8.03M | 0.02% |
198,688
+578
| +0.3% | +$26.2K |
|
|
VRE
287
DELISTED
Veris Residential
VRE
| $7.97M | 0.02% |
341,484
-1,121
| -0.3% | -$25K |
|
288
Essex Property Trust
ESS
$18.3B
| $7.88M | 0.02% |
32,905
-740
| -2% | -$170K |
|
289
Terex
TEX
$7.18B
| $7.69M | 0.01% |
416,125
-6,022
| -1% | -$119K |
|
290
Ligand Pharmaceuticals
LGND
$5.76B
| $7.65M | 0.01% |
113,145
-160
| -0.1% | -$9.88K |
|
|
DASTY
291
DELISTED
DASSAULT SYSTEMES SA ADR
DASTY
| $7.65M | 0.01% |
95,408
+1,319
| +1% | +$106K |
|
292
AstraZeneca
AZN
$263B
| $7.52M | 0.01% |
110,803
+96,829
| +693% | +$6.35M |
|
293
Progressive
PGR
$123B
| $7.48M | 0.01% |
235,148
-4,501
| -2% | -$143K |
|
294
Align Technology
ALGN
$12.1B
| $7.36M | 0.01% |
111,781
+95,203
| +574% | +$6.11M |
|
295
M&T Bank
MTB
$35.7B
| $7.15M | 0.01% |
59,014
-2,631
| -4% | -$321K |
|
296
Northern Trust
NTRS
$33.3B
| $7.11M | 0.01% |
98,632
-2,808
| -3% | -$202K |
|
297
Haemonetics
HAE
$3.89B
| $7.06M | 0.01% |
219,110
+10,190
| +5% | +$331K |
|
|
DYAX
298
DELISTED
DYAX CORPORATION
DYAX
| $6.97M | 0.01% |
185,375
| – | – |
|
|
SHPG
299
DELISTED
Shire pic
SHPG
| $6.96M | 0.01% |
33,954
+2,890
| +9% | +$601K |
|
300
Teradyne
TER
$57.6B
| $6.84M | 0.01% |
331,162
+162
| +0% | +$3.22K |
|
Similar funds
Ken Fisher's Q4 2015 Portfolio in Review
As of Q4 2015, Ken Fisher held 832 positions worth $51.9B, up 8.1% from $48B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Fisher's Q4 2015 filing shows 117 new, 382 increased, 189 reduced and 39 closed positions. Its largest new stake was Alphabet (Google) Class A: 18,980,280 shares worth $738M. The largest sale was Alphabet (Google) Class C, an estimated $671M.
By sector, the portfolio is most concentrated in Financials at 20% of assets, down from 20% a quarter earlier, followed by Healthcare and Technology.
- Ken Fisher's largest Q4 2015 buy was Alphabet (Google) Class A: 18,980,280 shares worth $738M.
- Ken Fisher added most to CalAtlantic Group, Inc. in Q4 2015, an estimated $90.3M increase.
- Ken Fisher's biggest Q4 2015 reduction was Alphabet (Google) Class C, cutting an estimated $671M.
- Ken Fisher fully exited RYLAND GROUP INC in Q4 2015, selling an estimated $90.9M.
- Ken Fisher's ten largest holdings make up 23% of its $51.9B portfolio in Q4 2015.
- Ken Fisher opened 117 new positions and closed 39 in Q4 2015.
- Ken Fisher's portfolio value rose 8.1% quarter-over-quarter to $51.9B.
Based on Fisher Asset Management's 13F filing for Q4 2015, filed 14 Jan 2016.