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 |
FIEE
FI Enhanced Europe 50 ETN
FIEE
|
+$334M |
| 2 |
Goldman Sachs
GS
|
+$280M |
| 3 |
Capital One
COF
|
+$81.6M |
| 4 |
NXP Semiconductors
NXPI
|
+$78.2M |
| 5 |
Lloyds Banking Group
LYG
|
+$70.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FEEU
Barclays ETN+ FI Enhanced Europe 50 ETN
FEEU
|
+$267M |
| 2 |
Citigroup
C
|
+$175M |
| 3 |
Bank of America
BAC
|
+$112M |
| 4 |
CS
Credit Suisse Group
CS
|
+$109M |
| 5 |
American Express
AXP
|
+$77.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.39% |
| 2 | Technology | 14.47% |
| 3 | Healthcare | 13.22% |
| 4 | Consumer Discretionary | 8.36% |
| 5 | Industrials | 6.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
276
iShares MSCI Europe Financials ETF
EUFN
$4.14B
| $8.49M | 0.02% |
494,903
+442,342
| +842% | +$7.33M |
|
|
IMPV
277
DELISTED
Imperva, Inc.
IMPV
| $8.23M | 0.01% |
153,236
+29,807
| +24% | +$1.38M |
|
278
Omnicom Group
OMC
$21.6B
| $8.21M | 0.01% |
96,562
-20,361
| -17% | -$1.71M |
|
279
Teradyne
TER
$57.6B
| $7.99M | 0.01% |
370,197
+10
| +0% | +$206 |
|
|
NSR
280
DELISTED
Neustar Inc
NSR
| $7.84M | 0.01% |
294,822
+37,294
| +14% | +$932K |
|
|
CAVM
281
DELISTED
Cavium, Inc.
CAVM
| $7.84M | 0.01% |
134,650
+35,722
| +36% | +$1.79M |
|
|
DATA
282
DELISTED
Tableau Software, Inc.
DATA
| $7.75M | 0.01% |
140,310
-12,295
| -8% | -$677K |
|
|
DASTY
283
DELISTED
DASSAULT SYSTEMES SA ADR
DASTY
| $7.72M | 0.01% |
88,914
-1,931
| -2% | -$168K |
|
284
Strategy Inc
MSTR
$34.1B
| $7.7M | 0.01% |
460,000
| – | – |
|
|
LM
285
DELISTED
Legg Mason, Inc.
LM
| $7.68M | 0.01% |
229,399
+82,200
| +56% | +$2.74M |
|
286
Kroger
KR
$35.4B
| $7.56M | 0.01% |
254,772
-115,992
| -31% | -$3.86M |
|
|
CA
287
DELISTED
CA, Inc.
CA
| $7.55M | 0.01% |
228,223
-48,451
| -18% | -$1.63M |
|
288
ING
ING
$99.8B
| $7.52M | 0.01% |
609,497
+205,288
| +51% | +$2.38M |
|
289
Valero Energy
VLO
$90.1B
| $7.51M | 0.01% |
141,750
-24,636
| -15% | -$1.31M |
|
290
Ligand Pharmaceuticals
LGND
$5.76B
| $7.39M | 0.01% |
116,041
| – | – |
|
291
Unum
UNM
$13.6B
| $7.3M | 0.01% |
206,740
-40,809
| -16% | -$1.38M |
|
292
Old Republic International
ORI
$10.5B
| $7.29M | 0.01% |
414,044
+118,900
| +40% | +$2.26M |
|
293
Hain Celestial
HAIN
$45M
| $7.28M | 0.01% |
204,716
+421
| +0.2% | +$18.5K |
|
294
KB Financial Group
KB
$41.4B
| $7.25M | 0.01% |
212,027
-73,054
| -26% | -$2.39M |
|
295
BorgWarner
BWA
$13.1B
| $7.12M | 0.01% |
229,759
-9,764
| -4% | -$288K |
|
296
Cencora
COR
$60.6B
| $6.83M | 0.01% |
84,606
-13,708
| -14% | -$1.18M |
|
297
Edgewell Personal Care
EPC
$1.25B
| $6.65M | 0.01% |
83,597
+5,817
| +7% | +$469K |
|
298
J&J Snack Foods
JJSF
$1.43B
| $6.5M | 0.01% |
54,559
-5,800
| -10% | -$701K |
|
|
ANSS
299
DELISTED
Ansys
ANSS
| $6.45M | 0.01% |
69,595
+13,414
| +24% | +$1.25M |
|
300
Toyota
TM
$224B
| $6.35M | 0.01% |
54,683
-6,090
| -10% | -$697K |
|
Similar funds
Ken Fisher's Q3 2016 Portfolio in Review
As of Q3 2016, Ken Fisher held 812 positions worth $56.3B, up 4.5% from $53.9B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Fisher's Q3 2016 filing shows 67 new, 303 increased, 278 reduced and 36 closed positions. Its largest new stake was iShares Europe ETF: 130,527 shares worth $5.14M. The largest sale was Barclays ETN+ FI Enhanced Europe 50 ETN, an estimated $267M.
By sector, the portfolio is most concentrated in Financials at 17% of assets, up from 17% a quarter earlier, followed by Technology and Healthcare.
- Ken Fisher's largest Q3 2016 buy was iShares Europe ETF: 130,527 shares worth $5.14M.
- Ken Fisher added most to FI Enhanced Europe 50 ETN in Q3 2016, an estimated $334M increase.
- Ken Fisher's biggest Q3 2016 reduction was Barclays ETN+ FI Enhanced Europe 50 ETN, cutting an estimated $267M.
- Ken Fisher fully exited PrivateBancorp Inc in Q3 2016, selling an estimated $61.3M.
- Ken Fisher's ten largest holdings make up 23% of its $56.3B portfolio in Q3 2016.
- Ken Fisher opened 67 new positions and closed 36 in Q3 2016.
- Ken Fisher's portfolio value rose 4.5% quarter-over-quarter to $56.3B.
Based on Fisher Asset Management's 13F filing for Q3 2016, filed 11 Oct 2016.