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 |
FIHD
UBS AG FI Enhanced Global High Yield ETN
FIHD
|
+$353M |
| 2 |
Televisa
TV
|
+$92.4M |
| 3 |
FLGE
Credit Suisse FI Large Cap Growth Enhanced Exchange Traded Notes
FLGE
|
+$38.2M |
| 4 |
DST
DST Systems Inc.
DST
|
+$36.8M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$27M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FIEG
FI Enhanced Global High Yield Exchange Traded Notes
FIEG
|
+$315M |
| 2 |
CAB
Cabela's Inc
CAB
|
+$56.7M |
| 3 |
NXP Semiconductors
NXPI
|
+$48.7M |
| 4 |
TSMC
TSM
|
+$24.7M |
| 5 |
FIGY
Barclays ETN+ FI Enhanced Global High Yield ETN
FIGY
|
+$23.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.9% |
| 2 | Technology | 14.05% |
| 3 | Healthcare | 12.4% |
| 4 | Consumer Discretionary | 7.69% |
| 5 | Industrials | 6.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CATM
276
DELISTED
Cardtronics plc Class A Ordinary Shares (UK)
CATM
| $9.28M | 0.02% |
170,000
+71,000
| +72% | +$3.61M |
|
277
Strategy Inc
MSTR
$34.1B
| $9.08M | 0.02% |
460,000
| – | – |
|
278
Valero Energy
VLO
$90.1B
| $9.02M | 0.02% |
131,999
-9,751
| -7% | -$600K |
|
279
Prologis
PLD
$135B
| $8.9M | 0.02% |
168,693
-3,500
| -2% | -$178K |
|
280
Kroger
KR
$35.4B
| $8.62M | 0.02% |
249,909
-4,863
| -2% | -$159K |
|
281
Unum
UNM
$13.6B
| $8.46M | 0.01% |
192,628
-14,112
| -7% | -$565K |
|
282
Old Republic International
ORI
$10.5B
| $8.37M | 0.01% |
440,644
+26,600
| +6% | +$479K |
|
|
LOCK
283
DELISTED
LifeLock, Inc.
LOCK
| $7.8M | 0.01% |
326,207
| – | – |
|
284
Northern Trust
NTRS
$33.3B
| $7.72M | 0.01% |
86,717
-2,973
| -3% | -$236K |
|
285
Marriott International
MAR
$98.3B
| $7.67M | 0.01% |
92,712
+47,786
| +106% | +$3.6M |
|
286
KB Financial Group
KB
$41.4B
| $7.47M | 0.01% |
211,805
-222
| -0.1% | -$7.99K |
|
|
DATA
287
DELISTED
Tableau Software, Inc.
DATA
| $7.41M | 0.01% |
175,860
+35,550
| +25% | +$1.66M |
|
288
BorgWarner
BWA
$13.1B
| $7.36M | 0.01% |
211,997
-17,762
| -8% | -$573K |
|
|
LM
289
DELISTED
Legg Mason, Inc.
LM
| $7.29M | 0.01% |
243,699
+14,300
| +6% | +$449K |
|
|
WNS
290
DELISTED
WNS Holdings
WNS
| $7.17M | 0.01% |
260,393
+96,525
| +59% | +$2.6M |
|
291
Hain Celestial
HAIN
$45M
| $7.15M | 0.01% |
183,166
-21,550
| -11% | -$807K |
|
|
CAVM
292
DELISTED
Cavium, Inc.
CAVM
| $6.9M | 0.01% |
110,523
-24,127
| -18% | -$1.39M |
|
|
JNPR
293
DELISTED
Juniper Networks
JNPR
| $6.83M | 0.01% |
241,730
-5,580
| -2% | -$145K |
|
294
M&T Bank
MTB
$35.7B
| $6.77M | 0.01% |
43,265
-1,333
| -3% | -$180K |
|
|
CA
295
DELISTED
CA, Inc.
CA
| $6.7M | 0.01% |
210,741
-17,482
| -8% | -$558K |
|
|
BEAV
296
DELISTED
B/E Aerospace Inc
BEAV
| $6.69M | 0.01% |
111,092
-1,525
| -1% | -$87.8K |
|
297
Ligand Pharmaceuticals
LGND
$5.76B
| $6.65M | 0.01% |
104,980
-11,061
| -10% | -$698K |
|
298
J&J Snack Foods
JJSF
$1.43B
| $6.6M | 0.01% |
49,459
-5,100
| -9% | -$629K |
|
299
Alkermes
ALKS
$8.22B
| $6.58M | 0.01% |
118,407
-11,200
| -9% | -$599K |
|
300
Halozyme
HALO
$9.79B
| $6.55M | 0.01% |
662,811
-62,200
| -9% | -$681K |
|
Similar funds
Ken Fisher's Q4 2016 Portfolio in Review
As of Q4 2016, Ken Fisher held 837 positions worth $57.4B, up 2% from $56.3B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Ken Fisher's Q4 2016 filing shows 61 new, 208 increased, 401 reduced and 54 closed positions. Its largest new stake was Barclays ETN+ FI Enhanced Europe 50 ETN Series B: 174,286 shares worth $18.7M. The largest sale was FI Enhanced Global High Yield Exchange Traded Notes, an estimated $315M.
By sector, the portfolio is most concentrated in Financials at 20% of assets, up from 17% a quarter earlier, followed by Technology and Healthcare.
- Ken Fisher's largest Q4 2016 buy was Barclays ETN+ FI Enhanced Europe 50 ETN Series B: 174,286 shares worth $18.7M.
- Ken Fisher added most to UBS AG FI Enhanced Global High Yield ETN in Q4 2016, an estimated $353M increase.
- Ken Fisher's biggest Q4 2016 reduction was FI Enhanced Global High Yield Exchange Traded Notes, cutting an estimated $315M.
- Ken Fisher fully exited Cabela's Inc in Q4 2016, selling an estimated $56.7M.
- Ken Fisher's ten largest holdings make up 22% of its $57.4B portfolio in Q4 2016.
- Ken Fisher opened 61 new positions and closed 54 in Q4 2016.
- Ken Fisher's portfolio value rose 2% quarter-over-quarter to $57.4B.
Based on Fisher Asset Management's 13F filing for Q4 2016, filed 10 Jan 2017.