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 |
Walmart Inc
WMT
|
+$323M |
| 2 |
JD.com
JD
|
+$141M |
| 3 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$90.2M |
| 4 |
America Movil
AMX
|
+$62.6M |
| 5 |
FIHD
UBS AG FI Enhanced Global High Yield ETN
FIHD
|
+$60.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$351M |
| 2 |
EMBJ
Embraer S.A. ADS
EMBJ
|
+$104M |
| 3 |
FEIC
FEI COMPANY
FEIC
|
+$39.1M |
| 4 |
FIGY
Barclays ETN+ FI Enhanced Global High Yield ETN
FIGY
|
+$36.1M |
| 5 |
FBGX
UBS AG FI Enhanced Large Cap Growth ETN
FBGX
|
+$28.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.08% |
| 2 | Healthcare | 14.41% |
| 3 | Technology | 13.36% |
| 4 | Consumer Discretionary | 8.06% |
| 5 | Industrials | 6.42% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
276
Strategy Inc
MSTR
$35.7B
| $8.3M | 0.02% |
460,000
+190,000
| +70% | +$3.5M |
|
277
Morgan Stanley
MS
$330B
| $8.21M | 0.02% |
310,475
-54,982
| -15% | -$1.44M |
|
|
SHPG
278
DELISTED
Shire pic
SHPG
| $8.21M | 0.02% |
44,092
+4,435
| +11% | +$801K |
|
279
Cencora
COR
$60.7B
| $8.08M | 0.02% |
98,314
-12,333
| -11% | -$989K |
|
280
Valero Energy
VLO
$92.6B
| $8.07M | 0.02% |
166,386
-14,560
| -8% | -$824K |
|
281
KB Financial Group
KB
$42.5B
| $8.01M | 0.01% |
285,081
-44,452
| -13% | -$1.29M |
|
282
Haemonetics
HAE
$3.85B
| $7.83M | 0.01% |
257,467
+38,340
| +17% | +$1.16M |
|
283
Unum
UNM
$13.7B
| $7.75M | 0.01% |
247,549
-16,316
| -6% | -$552K |
|
284
iShares National Muni Bond ETF
MUB
$45.2B
| $7.69M | 0.01% |
67,603
+52,254
| +340% | +$5.88M |
|
|
DATA
285
DELISTED
Tableau Software, Inc.
DATA
| $7.69M | 0.01% |
152,605
+3,548
| +2% | +$178K |
|
286
Essex Property Trust
ESS
$18.1B
| $7.64M | 0.01% |
33,027
-2,213
| -6% | -$494K |
|
287
Teradyne
TER
$57.2B
| $7.6M | 0.01% |
370,187
+70,000
| +23% | +$1.38M |
|
288
J&J Snack Foods
JJSF
$1.44B
| $7.28M | 0.01% |
60,359
+1,934
| +3% | +$205K |
|
|
EPAY
289
DELISTED
Bottomline Technologies Inc
EPAY
| $7.09M | 0.01% |
323,359
+142,074
| +78% | +$3.72M |
|
|
ABB
290
DELISTED
ABB Ltd
ABB
| $7.07M | 0.01% |
365,231
-25,237
| -6% | -$515K |
|
|
DASTY
291
DELISTED
DASSAULT SYSTEMES SA ADR
DASTY
| $7.01M | 0.01% |
90,845
-6,264
| -6% | -$483K |
|
292
Edgewell Personal Care
EPC
$1.26B
| $6.77M | 0.01% |
77,780
+12,000
| +18% | +$970K |
|
293
Northern Trust
NTRS
$22.4B
| $6.71M | 0.01% |
103,248
-9,972
| -9% | -$694K |
|
294
Halozyme
HALO
$9.88B
| $6.58M | 0.01% |
725,011
+17,231
| +2% | +$170K |
|
295
BorgWarner
BWA
$13.2B
| $6.54M | 0.01% |
239,523
-28,929
| -11% | -$875K |
|
|
RDS.A
296
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $6.54M | 0.01% |
119,090
-4,622
| -4% | -$235K |
|
297
Toyota
TM
$227B
| $6.42M | 0.01% |
60,773
-9,612
| -14% | -$987K |
|
|
JNPR
298
DELISTED
Juniper Networks
JNPR
| $6.37M | 0.01% |
278,525
-25,689
| -8% | -$598K |
|
299
Nucor
NUE
$58.5B
| $6.31M | 0.01% |
115,818
-9,421
| -8% | -$459K |
|
300
IQVIA
IQV
$39.1B
| $6.24M | 0.01% |
88,164
+34,100
| +63% | +$2.29M |
|
Similar funds
Ken Fisher's Q2 2016 Portfolio in Review
As of Q2 2016, Ken Fisher held 787 positions worth $53.9B, up 2.4% from $52.6B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Fisher's Q2 2016 filing shows 43 new, 284 increased, 281 reduced and 42 closed positions. Its largest new stake was DST Systems Inc.: 280,332 shares worth $16.9M. The largest sale was Amazon, an estimated $351M.
By sector, the portfolio is most concentrated in Financials at 17% of assets, down from 18% a quarter earlier, followed by Healthcare and Technology.
- Ken Fisher's largest Q2 2016 buy was DST Systems Inc.: 280,332 shares worth $16.9M.
- Ken Fisher added most to Walmart Inc in Q2 2016, an estimated $323M increase.
- Ken Fisher's biggest Q2 2016 reduction was Amazon, cutting an estimated $351M.
- Ken Fisher fully exited Embraer S.A. ADS in Q2 2016, selling an estimated $104M.
- Ken Fisher's ten largest holdings make up 23% of its $53.9B portfolio in Q2 2016.
- Ken Fisher opened 43 new positions and closed 42 in Q2 2016.
- Ken Fisher's portfolio value rose 2.4% quarter-over-quarter to $53.9B.
Based on Fisher Asset Management's 13F filing for Q2 2016, filed 12 Jul 2016.