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 |
UBS Group
UBS
|
+$423M |
| 2 |
CS
Credit Suisse Group
CS
|
+$261M |
| 3 |
Barclays
BCS
|
+$240M |
| 4 |
ABB
ABB Ltd
ABB
|
+$161M |
| 5 |
Trip.com Group
TCOM
|
+$113M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Lloyds Banking Group
LYG
|
+$230M |
| 2 |
SI
SIEMENS AKTIENGESELLSCHAFT ADS
SI
|
+$162M |
| 3 |
BF
BASF AKTIENGESELLT ADS(RP1 ORD
BF
|
+$84M |
| 4 |
BHP
BHP
|
+$60.3M |
| 5 |
SUSQ
SUSQUEHANNA BANCSHARES INC
SUSQ
|
+$42.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 21.7% |
| 2 | Healthcare | 13.73% |
| 3 | Technology | 13.21% |
| 4 | Industrials | 7.16% |
| 5 | Consumer Discretionary | 6.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
301
AB InBev
BUD
$167B
| $5.09M | 0.01% |
45,331
-13
| -0% | -$1.44K |
|
|
CVC
302
DELISTED
CABLEVISION SYS CP NY GRP CL-A
CVC
| $4.96M | 0.01% |
240,278
+64,380
| +37% | +$1.23M |
|
303
Ericsson
ERIC
$32.2B
| $4.86M | 0.01% |
401,456
-2,153
| -0.5% | -$25.9K |
|
304
UFP Industries
UFPI
$4.9B
| $4.7M | 0.01% |
265,245
+57,450
| +28% | +$931K |
|
305
Banco Santander
SAN
$202B
| $4.69M | 0.01% |
607,261
-70,304
| -10% | -$565K |
|
306
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23B
| $4.69M | 0.01% |
89,106
-7,834
| -8% | -$412K |
|
307
TechnipFMC
FTI
$28.6B
| $4.54M | 0.01% |
130,314
-33,499
| -20% | -$1.27M |
|
308
Ligand Pharmaceuticals
LGND
$5.76B
| $4.36M | 0.01% |
131,299
+74,780
| +132% | +$2.43M |
|
|
LPT
309
DELISTED
Liberty Property Trust
LPT
| $4.13M | 0.01% |
109,624
-6,616
| -6% | -$233K |
|
310
Columbia Sportswear
COLM
$3.04B
| $3.83M | 0.01% |
86,000
-1,400
| -2% | -$57K |
|
|
LM
311
DELISTED
Legg Mason, Inc.
LM
| $3.61M | 0.01% |
67,600
-1,550
| -2% | -$81.8K |
|
|
HOLX
312
DELISTED
Hologic
HOLX
| $3.43M | 0.01% |
128,300
-1,390
| -1% | -$35.9K |
|
313
Vanguard Industrials ETF
VIS
$8.1B
| $3.41M | 0.01% |
31,926
+546
| +2% | +$57K |
|
314
Check Point Software Technologies
CHKP
$13B
| $3.23M | 0.01% |
41,160
+60
| +0.1% | +$4.46K |
|
|
SHPG
315
DELISTED
Shire pic
SHPG
| $3.1M | 0.01% |
14,594
+11,767
| +416% | +$2.5M |
|
|
DISCK
316
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $3.09M | 0.01% |
91,652
-22,950
| -20% | -$782K |
|
|
KLXI
317
DELISTED
KLX Inc.
KLXI
| $3.09M | 0.01% |
+88,774
| New | +$3.12M |
|
318
Myriad Genetics
MYGN
$270M
| $3.01M | 0.01% |
+88,333
| New | +$3.13M |
|
319
Republic Services
RSG
$64.8B
| $2.97M | 0.01% |
73,760
+18,785
| +34% | +$736K |
|
320
Diageo
DEO
$49B
| $2.95M | 0.01% |
25,819
+1,024
| +4% | +$119K |
|
321
KB Financial Group
KB
$41.4B
| $2.9M | 0.01% |
89,028
+761
| +0.9% | +$27.3K |
|
322
Altria Group
MO
$114B
| $2.86M | 0.01% |
57,964
+1,945
| +3% | +$94.8K |
|
323
Fidelity National Financial
FNF
$13.9B
| $2.69M | 0.01% |
112,279
-576
| -0.5% | -$12.2K |
|
324
State Street SPDR S&P 500 ETF Trust
SPY
$790B
| $2.68M | 0.01% |
13,017
+7,536
| +137% | +$1.51M |
|
325
Affiliated Managers Group
AMG
$9.69B
| $2.58M | 0.01% |
12,180
-700
| -5% | -$139K |
|
Similar funds
Ken Fisher's Q4 2014 Portfolio in Review
As of Q4 2014, Ken Fisher held 664 positions worth $48.4B, up 3.1% from $46.9B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Ken Fisher's Q4 2014 filing shows 80 new, 228 increased, 245 reduced and 44 closed positions. Its largest new stake was UBS Group: 24,721,456 shares worth $422M. The largest sale was Lloyds Banking Group, an estimated $230M.
By sector, the portfolio is most concentrated in Financials at 22% of assets, up from 20% a quarter earlier, followed by Healthcare and Technology.
- Ken Fisher's largest Q4 2014 buy was UBS Group: 24,721,456 shares worth $422M.
- Ken Fisher added most to Credit Suisse Group in Q4 2014, an estimated $261M increase.
- Ken Fisher's biggest Q4 2014 reduction was Lloyds Banking Group, cutting an estimated $230M.
- Ken Fisher fully exited SUSQUEHANNA BANCSHARES INC in Q4 2014, selling an estimated $42.8M.
- Ken Fisher's ten largest holdings make up 22% of its $48.4B portfolio in Q4 2014.
- Ken Fisher opened 80 new positions and closed 44 in Q4 2014.
- Ken Fisher's portfolio value rose 3.1% quarter-over-quarter to $48.4B.
Based on Fisher Asset Management's 13F filing for Q4 2014, filed 29 Jan 2015.