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 |
BAY
BAYER AG SPONS ADR
BAY
|
+$294M |
| 2 |
Alibaba
BABA
|
+$112M |
| 3 |
Infosys
INFY
|
+$57.7M |
| 4 |
HDFC Bank
HDB
|
+$57.1M |
| 5 |
TTM
Tata Motors Limited
TTM
|
+$49.1M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Royal Bank of Canada
RY
|
+$428M |
| 2 |
BHP
BHP
|
+$107M |
| 3 |
Rio Tinto
RIO
|
+$55.7M |
| 4 |
Qorvo
QRVO
|
+$52.2M |
| 5 |
OUTR
OUTERWALL INC
OUTR
|
+$43.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 20.5% |
| 2 | Healthcare | 14.68% |
| 3 | Technology | 13.07% |
| 4 | Consumer Discretionary | 7.61% |
| 5 | Industrials | 6.7% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
LOCK
301
DELISTED
LifeLock, Inc.
LOCK
| $5.51M | 0.01% |
335,998
| – | – |
|
302
Hyster-Yale Materials Handling
HY
$600M
| $5.28M | 0.01% |
76,214
-3,825
| -5% | -$278K |
|
303
Columbia Sportswear
COLM
$3.21B
| $5.2M | 0.01% |
86,000
| – | – |
|
304
Toronto Dominion Bank
TD
$198B
| $5.08M | 0.01% |
119,510
+6,476
| +6% | +$290K |
|
305
Movado Group
MOV
$849M
| $4.89M | 0.01% |
179,898
| – | – |
|
|
HOLX
306
DELISTED
Hologic
HOLX
| $4.88M | 0.01% |
128,300
| – | – |
|
|
SHPG
307
DELISTED
Shire pic
SHPG
| $4.87M | 0.01% |
20,161
+5,370
| +36% | +$1.33M |
|
308
IBM
IBM
$209B
| $4.87M | 0.01% |
31,295
-671
| -2% | -$108K |
|
|
DYAX
309
DELISTED
DYAX CORPORATION
DYAX
| $4.83M | 0.01% |
182,450
| – | – |
|
310
Ultrapar
UGP
$6.9B
| $4.77M | 0.01% |
454,104
+48,652
| +12% | +$543K |
|
311
Yelp
YELP
$1.44B
| $4.6M | 0.01% |
+106,900
| New | +$4.96M |
|
312
Banco Santander
SAN
$202B
| $4.58M | 0.01% |
688,658
+83,134
| +14% | +$579K |
|
313
Ericsson
ERIC
$32.1B
| $4.29M | 0.01% |
410,893
+9,497
| +2% | +$110K |
|
314
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23B
| $4.05M | 0.01% |
76,882
-7,228
| -9% | -$381K |
|
|
LPT
315
DELISTED
Liberty Property Trust
LPT
| $3.85M | 0.01% |
119,384
+8,035
| +7% | +$280K |
|
|
PTLA
316
DELISTED
Portola Pharmaceuticals, Inc.
PTLA
| $3.66M | 0.01% |
80,300
| – | – |
|
317
Vanguard Industrials ETF
VIS
$8.04B
| $3.6M | 0.01% |
34,356
+1,363
| +4% | +$147K |
|
318
TechnipFMC
FTI
$27.5B
| $3.52M | 0.01% |
113,857
-7,889
| -6% | -$243K |
|
|
LM
319
DELISTED
Legg Mason, Inc.
LM
| $3.5M | 0.01% |
67,999
| – | – |
|
320
Check Point Software Technologies
CHKP
$13.1B
| $3.47M | 0.01% |
43,675
+2,575
| +6% | +$218K |
|
321
Shinhan Financial Group
SHG
$34B
| $3.11M | 0.01% |
83,810
+5,919
| +8% | +$229K |
|
|
BRCD
322
DELISTED
Brocade Communications Systems, Inc. NEW
BRCD
| $3.07M | 0.01% |
258,325
+29,700
| +13% | +$360K |
|
323
Diageo
DEO
$49.5B
| $2.99M | 0.01% |
25,804
-872
| -3% | -$99.2K |
|
324
Myriad Genetics
MYGN
$507M
| $2.99M | 0.01% |
88,050
| – | – |
|
325
Fidelity National Financial
FNF
$14B
| $2.88M | 0.01% |
112,063
-216
| -0.2% | -$5.58K |
|
Similar funds
Ken Fisher's Q2 2015 Portfolio in Review
As of Q2 2015, Ken Fisher held 665 positions worth $51.4B, up 2.8% from $50B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Ken Fisher's Q2 2015 filing shows 61 new, 277 increased, 210 reduced and 34 closed positions. Its largest new stake was Alibaba: 1,306,608 shares worth $107M. The largest sale was Royal Bank of Canada, an estimated $428M.
By sector, the portfolio is most concentrated in Financials at 21% of assets, up from 20% a quarter earlier, followed by Healthcare and Technology.
- Ken Fisher's largest Q2 2015 buy was Alibaba: 1,306,608 shares worth $107M.
- Ken Fisher added most to BAYER AG SPONS ADR in Q2 2015, an estimated $294M increase.
- Ken Fisher's biggest Q2 2015 reduction was Royal Bank of Canada, cutting an estimated $428M.
- Ken Fisher fully exited OUTERWALL INC in Q2 2015, selling an estimated $43.9M.
- Ken Fisher's ten largest holdings make up 22% of its $51.4B portfolio in Q2 2015.
- Ken Fisher opened 61 new positions and closed 34 in Q2 2015.
- Ken Fisher's portfolio value rose 2.8% quarter-over-quarter to $51.4B.
Based on Fisher Asset Management's 13F filing for Q2 2015, filed 17 Jul 2015.