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 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$607M |
| 2 |
Vodafone
VOD
|
+$318M |
| 3 |
SI
SIEMENS AKTIENGESELLSCHAFT ADS
SI
|
+$267M |
| 4 |
Alibaba
BABA
|
+$228M |
| 5 |
Itaú Unibanco
ITUB
|
+$137M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
|
+$545M |
| 2 |
GE Aerospace
GE
|
+$284M |
| 3 |
NXP Semiconductors
NXPI
|
+$121M |
| 4 |
MENT
Mentor Graphics Corp
MENT
|
+$63.3M |
| 5 |
Heartland Express
HTLD
|
+$45.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.45% |
| 2 | Technology | 14.38% |
| 3 | Healthcare | 12.14% |
| 4 | Consumer Discretionary | 8.49% |
| 5 | Communication Services | 7.31% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
276
Ross Stores
ROST
$81B
| $9.53M | 0.02% |
144,693
-19,956
| -12% | -$1.33M |
|
277
Teradyne
TER
$57.2B
| $9.42M | 0.02% |
303,000
-67,187
| -18% | -$1.92M |
|
278
IQVIA
IQV
$39.1B
| $9.24M | 0.01% |
114,787
-19,500
| -15% | -$1.52M |
|
|
VRE
279
DELISTED
Veris Residential
VRE
| $9.21M | 0.01% |
341,830
-7,175
| -2% | -$201K |
|
|
DATA
280
DELISTED
Tableau Software, Inc.
DATA
| $9.19M | 0.01% |
185,480
+9,620
| +5% | +$476K |
|
281
KB Financial Group
KB
$42.5B
| $8.98M | 0.01% |
204,347
-7,458
| -4% | -$307K |
|
282
Strategy Inc
MSTR
$35.7B
| $8.64M | 0.01% |
460,000
| – | – |
|
283
Omnicom Group
OMC
$21.8B
| $8.63M | 0.01% |
100,157
-12,297
| -11% | -$1.05M |
|
|
SGI
284
Somnigroup International
SGI
$14.1B
| $8.5M | 0.01% |
731,876
-96,500
| -12% | -$1.24M |
|
285
Unum
UNM
$13.7B
| $8.22M | 0.01% |
175,402
-17,226
| -9% | -$807K |
|
|
ANSS
286
DELISTED
Ansys
ANSS
| $8.17M | 0.01% |
76,415
+6,653
| +10% | +$666K |
|
287
Marriott International
MAR
$99B
| $8.07M | 0.01% |
85,742
-6,970
| -8% | -$605K |
|
288
Halozyme
HALO
$9.88B
| $7.99M | 0.01% |
616,511
-46,300
| -7% | -$585K |
|
|
CATM
289
DELISTED
Cardtronics plc Class A Ordinary Shares (UK)
CATM
| $7.95M | 0.01% |
170,000
| – | – |
|
290
Prologis
PLD
$136B
| $7.86M | 0.01% |
151,521
-17,172
| -10% | -$874K |
|
291
Valero Energy
VLO
$92.6B
| $7.76M | 0.01% |
117,135
-14,864
| -11% | -$995K |
|
292
Old Republic International
ORI
$10.6B
| $7.57M | 0.01% |
369,604
-71,040
| -16% | -$1.43M |
|
|
LM
293
DELISTED
Legg Mason, Inc.
LM
| $7.36M | 0.01% |
203,700
-39,999
| -16% | -$1.39M |
|
294
Lumentum
LITE
$53.9B
| $7.27M | 0.01% |
136,268
+68,831
| +102% | +$3.04M |
|
295
Vanguard FTSE Developed Markets ETF
VEA
$230B
| $7.22M | 0.01% |
183,633
+78,338
| +74% | +$3M |
|
296
BorgWarner
BWA
$13.2B
| $7.2M | 0.01% |
195,801
-16,196
| -8% | -$590K |
|
|
IMPV
297
DELISTED
Imperva, Inc.
IMPV
| $7.12M | 0.01% |
173,457
+37,028
| +27% | +$1.55M |
|
298
J&J Snack Foods
JJSF
$1.44B
| $6.71M | 0.01% |
49,459
| – | – |
|
|
PCH
299
DELISTED
PotlatchDeltic
PCH
| $6.53M | 0.01% |
142,854
-3,375
| -2% | -$146K |
|
300
OraSure Technologies
OSUR
$273M
| $6.51M | 0.01% |
503,594
+164,630
| +49% | +$1.7M |
|
Similar funds
Ken Fisher's Q1 2017 Portfolio in Review
As of Q1 2017, Ken Fisher held 865 positions worth $62.4B, up 8.7% from $57.4B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Ken Fisher's Q1 2017 filing shows 82 new, 252 increased, 334 reduced and 92 closed positions. Its largest new stake was Vodafone: 12,420,913 shares worth $328M. The largest sale was State Street SPDR Portfolio Short Term Corporate Bond ETF, an estimated $545M.
By sector, the portfolio is most concentrated in Financials at 19% of assets, down from 20% a quarter earlier, followed by Technology and Healthcare.
- Ken Fisher's largest Q1 2017 buy was Vodafone: 12,420,913 shares worth $328M.
- Ken Fisher added most to iShares iBoxx $ Investment Grade Corporate Bond ETF in Q1 2017, an estimated $607M increase.
- Ken Fisher's biggest Q1 2017 reduction was State Street SPDR Portfolio Short Term Corporate Bond ETF, cutting an estimated $545M.
- Ken Fisher fully exited NXP Semiconductors in Q1 2017, selling an estimated $121M.
- Ken Fisher's ten largest holdings make up 24% of its $62.4B portfolio in Q1 2017.
- Ken Fisher opened 82 new positions and closed 92 in Q1 2017.
- Ken Fisher's portfolio value rose 8.7% quarter-over-quarter to $62.4B.
Based on Fisher Asset Management's 13F filing for Q1 2017, filed 25 Apr 2017.