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 |
AB InBev
BUD
|
+$543M |
| 2 |
ExxonMobil
XOM
|
+$75.8M |
| 3 |
Trip.com Group
TCOM
|
+$57M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$56.8M |
| 5 |
Alibaba
BABA
|
+$52.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Toyota
TM
|
+$571M |
| 2 |
Chevron
CVX
|
+$76.5M |
| 3 |
SFG
STANCORP FINL GRP
SFG
|
+$39.1M |
| 4 |
NVO
Novo Nordisk
NVO
|
+$36.4M |
| 5 |
Gilead Sciences
GILD
|
+$25.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 20.2% |
| 2 | Healthcare | 14.84% |
| 3 | Technology | 13.02% |
| 4 | Consumer Discretionary | 7.11% |
| 5 | Industrials | 6.4% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
301
Nice
NICE
$5.79B
| $4.41M | 0.01% |
78,200
+49,600
| +173% | +$3.1M |
|
302
Edgewell Personal Care
EPC
$1.25B
| $4.4M | 0.01% |
53,875
-115
| -0.2% | -$10.4K |
|
303
Movado Group
MOV
$849M
| $4.24M | 0.01% |
164,198
-15,700
| -9% | -$408K |
|
|
ACET
304
DELISTED
Aceto Corp
ACET
| $4.17M | 0.01% |
+151,870
| New | +$3.79M |
|
305
Ericsson
ERIC
$32.2B
| $4.13M | 0.01% |
421,856
+10,963
| +3% | +$111K |
|
306
IBM
IBM
$211B
| $4.11M | 0.01% |
29,679
-1,616
| -5% | -$239K |
|
|
BRCD
307
DELISTED
Brocade Communications Systems, Inc. NEW
BRCD
| $4.09M | 0.01% |
394,525
+136,200
| +53% | +$1.43M |
|
308
Ultrapar
UGP
$6.95B
| $3.76M | 0.01% |
450,268
-3,836
| -0.8% | -$35.8K |
|
|
LPT
309
DELISTED
Liberty Property Trust
LPT
| $3.76M | 0.01% |
119,384
| – | – |
|
|
GWB
310
DELISTED
Great Western Bancorp, Inc.
GWB
| $3.7M | 0.01% |
+145,701
| New | +$3.67M |
|
311
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23B
| $3.66M | 0.01% |
69,552
-7,330
| -10% | -$385K |
|
312
Banco Santander
SAN
$201B
| $3.65M | 0.01% |
727,991
+39,333
| +6% | +$239K |
|
313
Bristol-Myers Squibb
BMY
$133B
| $3.62M | 0.01% |
61,180
+26,544
| +77% | +$1.68M |
|
314
Piper Sandler
PIPR
$5.12B
| $3.61M | 0.01% |
+399,080
| New | +$4.1M |
|
|
COWN
315
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $3.6M | 0.01% |
+197,188
| New | +$4.34M |
|
|
DYAX
316
DELISTED
DYAX CORPORATION
DYAX
| $3.54M | 0.01% |
185,375
+2,925
| +2% | +$69.8K |
|
317
Merit Medical Systems
MMSI
$5.08B
| $3.53M | 0.01% |
+147,755
| New | +$3.48M |
|
318
Check Point Software Technologies
CHKP
$13B
| $3.46M | 0.01% |
43,623
-52
| -0.1% | -$4.15K |
|
319
M/I Homes
MHO
$3.74B
| $3.42M | 0.01% |
+145,123
| New | +$3.6M |
|
|
PTLA
320
DELISTED
Portola Pharmaceuticals, Inc.
PTLA
| $3.42M | 0.01% |
80,300
| – | – |
|
|
VA
321
DELISTED
Virgin America Inc.
VA
| $3.42M | 0.01% |
+99,772
| New | +$3.26M |
|
|
LABL
322
DELISTED
Multi-Color Corp
LABL
| $3.39M | 0.01% |
+44,376
| New | +$2.91M |
|
323
Vanguard Industrials ETF
VIS
$8.1B
| $3.37M | 0.01% |
35,520
+1,164
| +3% | +$118K |
|
324
Myriad Genetics
MYGN
$270M
| $3.37M | 0.01% |
89,775
+1,725
| +2% | +$61.2K |
|
325
IQVIA
IQV
$38.7B
| $3.36M | 0.01% |
48,277
+40,577
| +527% | +$3.04M |
|
Similar funds
Ken Fisher's Q3 2015 Portfolio in Review
As of Q3 2015, Ken Fisher held 777 positions worth $48B, down 6.7% from $51.4B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Fisher's Q3 2015 filing shows 146 new, 253 increased, 242 reduced and 62 closed positions. Its largest new stake was First American: 571,175 shares worth $22.3M. The largest sale was Toyota, an estimated $571M.
By sector, the portfolio is most concentrated in Financials at 20% of assets, down from 21% a quarter earlier, followed by Healthcare and Technology.
- Ken Fisher's largest Q3 2015 buy was First American: 571,175 shares worth $22.3M.
- Ken Fisher added most to AB InBev in Q3 2015, an estimated $543M increase.
- Ken Fisher's biggest Q3 2015 reduction was Toyota, cutting an estimated $571M.
- Ken Fisher fully exited STANCORP FINL GRP in Q3 2015, selling an estimated $39.1M.
- Ken Fisher's ten largest holdings make up 23% of its $48B portfolio in Q3 2015.
- Ken Fisher opened 146 new positions and closed 62 in Q3 2015.
- Ken Fisher's portfolio value fell 6.7% quarter-over-quarter to $48B.
Based on Fisher Asset Management's 13F filing for Q3 2015, filed 20 Oct 2015.