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
|
+$56.4M |
| 2 |
Chemed
CHE
|
+$53.8M |
| 3 |
FBGX
UBS AG FI Enhanced Large Cap Growth ETN
FBGX
|
+$53.1M |
| 4 |
Petrobras
PBR
|
+$52.7M |
| 5 |
FIEG
FI Enhanced Global High Yield Exchange Traded Notes
FIEG
|
+$34.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FMER
FIRSTMERIT CORP
FMER
|
+$58.7M |
| 2 |
FBG
UBS AG LONDON BRH FISHER ENHANCED BIG CAP GROWTH ETN
FBG
|
+$38.2M |
| 3 |
PL
PROTECTIVE LIFE CORP
PL
|
+$37.8M |
| 4 |
Sally Beauty Holdings
SBH
|
+$36.2M |
| 5 |
TSMC
TSM
|
+$35.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 20.26% |
| 2 | Healthcare | 14.53% |
| 3 | Technology | 12.41% |
| 4 | Industrials | 7.4% |
| 5 | Consumer Discretionary | 6.07% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
301
Trip.com Group
TCOM
$29.6B
| $3.56M | 0.01% |
+125,482
| New | +$3.98M |
|
|
LM
302
DELISTED
Legg Mason, Inc.
LM
| $3.54M | 0.01% |
69,150
+350
| +0.5% | +$17.4K |
|
303
KB Financial Group
KB
$41.4B
| $3.2M | 0.01% |
88,267
-6,606
| -7% | -$252K |
|
304
Vanguard Industrials ETF
VIS
$8.1B
| $3.18M | 0.01% |
31,380
-253
| -0.8% | -$26.1K |
|
|
HOLX
305
DELISTED
Hologic
HOLX
| $3.15M | 0.01% |
129,690
+590
| +0.5% | +$14.9K |
|
306
Columbia Sportswear
COLM
$3.04B
| $3.13M | 0.01% |
87,400
| – | – |
|
|
CVC
307
DELISTED
CABLEVISION SYS CP NY GRP CL-A
CVC
| $3.08M | 0.01% |
175,898
+18,310
| +12% | +$339K |
|
|
CVD
308
DELISTED
COVANCE INC.
CVD
| $3.07M | 0.01% |
39,027
+13,406
| +52% | +$1.14M |
|
309
UFP Industries
UFPI
$4.9B
| $2.96M | 0.01% |
+207,795
| New | +$3.2M |
|
310
Diageo
DEO
$49B
| $2.86M | 0.01% |
24,795
-539
| -2% | -$65.3K |
|
311
Check Point Software Technologies
CHKP
$13B
| $2.85M | 0.01% |
41,100
| – | – |
|
312
Bristol-Myers Squibb
BMY
$133B
| $2.62M | 0.01% |
51,201
+1,469
| +3% | +$73.4K |
|
313
Affiliated Managers Group
AMG
$9.69B
| $2.58M | 0.01% |
12,880
+5,710
| +80% | +$1.17M |
|
314
Altria Group
MO
$114B
| $2.57M | 0.01% |
56,019
+286
| +0.5% | +$12.3K |
|
|
CBST
315
DELISTED
CUBIST PHARMACEUTICALS INC
CBST
| $2.31M | ﹤0.01% |
34,775
-1,675
| -5% | -$110K |
|
|
WRI
316
DELISTED
Weingarten Realty Investors
WRI
| $2.3M | ﹤0.01% |
73,134
+2,971
| +4% | +$98.8K |
|
317
Fidelity National Financial
FNF
$13.9B
| $2.17M | ﹤0.01% |
112,855
-24,377
| -18% | -$471K |
|
318
Republic Services
RSG
$64.8B
| $2.15M | ﹤0.01% |
54,975
-1,475
| -3% | -$56.7K |
|
319
Fomento Económico Mexicano
FMX
$43.6B
| $2.1M | ﹤0.01% |
22,758
-4,072
| -15% | -$388K |
|
|
NAB
320
DELISTED
NATL AUSTRALIA BK LTD ADS5
NAB
| $2.09M | ﹤0.01% |
147,098
-14,352
| -9% | -$204K |
|
321
Camden Property Trust
CPT
$11B
| $2.09M | ﹤0.01% |
30,477
| – | – |
|
|
NSANY
322
DELISTED
NISSAN MOTOR CO LTD SPONS ADR
NSANY
| $2.02M | ﹤0.01% |
103,379
-77,103
| -43% | -$1.5M |
|
323
Fluor
FLR
$7.01B
| $1.92M | ﹤0.01% |
28,690
+250
| +0.9% | +$18.4K |
|
324
Berkshire Hathaway Class A
BRK.A
$1.1T
| $1.86M | ﹤0.01% |
9
| – | – |
|
325
American International
AIG
$41.7B
| $1.8M | ﹤0.01% |
33,394
-7,636
| -19% | -$417K |
|
Similar funds
Ken Fisher's Q3 2014 Portfolio in Review
As of Q3 2014, Ken Fisher held 645 positions worth $46.9B, down 1.4% from $47.6B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Ken Fisher's Q3 2014 filing shows 47 new, 202 increased, 264 reduced and 61 closed positions. Its largest new stake was Chemed: 530,910 shares worth $54.6M. The largest sale was FIRSTMERIT CORP, an estimated $58.7M.
By sector, the portfolio is most concentrated in Financials at 20% of assets, up from 20% a quarter earlier, followed by Healthcare and Technology.
- Ken Fisher's largest Q3 2014 buy was Chemed: 530,910 shares worth $54.6M.
- Ken Fisher added most to iShares iBoxx $ Investment Grade Corporate Bond ETF in Q3 2014, an estimated $56.4M increase.
- Ken Fisher's biggest Q3 2014 reduction was FIRSTMERIT CORP, cutting an estimated $58.7M.
- Ken Fisher fully exited PROTECTIVE LIFE CORP in Q3 2014, selling an estimated $37.8M.
- Ken Fisher's ten largest holdings make up 22% of its $46.9B portfolio in Q3 2014.
- Ken Fisher opened 47 new positions and closed 61 in Q3 2014.
- Ken Fisher's portfolio value fell 1.4% quarter-over-quarter to $46.9B.
Based on Fisher Asset Management's 13F filing for Q3 2014, filed 20 Oct 2014.