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 |
Walmart Inc
WMT
|
+$323M |
| 2 |
JD.com
JD
|
+$141M |
| 3 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$90.2M |
| 4 |
America Movil
AMX
|
+$62.6M |
| 5 |
FIHD
UBS AG FI Enhanced Global High Yield ETN
FIHD
|
+$60.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$351M |
| 2 |
EMBJ
Embraer S.A. ADS
EMBJ
|
+$104M |
| 3 |
FEIC
FEI COMPANY
FEIC
|
+$39.1M |
| 4 |
FIGY
Barclays ETN+ FI Enhanced Global High Yield ETN
FIGY
|
+$36.1M |
| 5 |
FBGX
UBS AG FI Enhanced Large Cap Growth ETN
FBGX
|
+$28.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.08% |
| 2 | Healthcare | 14.41% |
| 3 | Technology | 13.36% |
| 4 | Consumer Discretionary | 8.06% |
| 5 | Industrials | 6.42% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
NSR
301
DELISTED
Neustar Inc
NSR
| $6.18M | 0.01% |
257,528
+41,590
| +19% | +$989K |
|
302
PNC Financial Services
PNC
$99.2B
| $6.07M | 0.01% |
74,868
+68,877
| +1,150% | +$5.92M |
|
303
Alkermes
ALKS
$8.39B
| $6.05M | 0.01% |
123,094
+2,797
| +2% | +$115K |
|
|
IMPV
304
DELISTED
Imperva, Inc.
IMPV
| $5.94M | 0.01% |
+123,429
| New | +$5.18M |
|
|
PCH
305
DELISTED
PotlatchDeltic
PCH
| $5.89M | 0.01% |
162,529
+4,339
| +3% | +$147K |
|
306
M&T Bank
MTB
$35.8B
| $5.88M | 0.01% |
50,426
-6,344
| -11% | -$736K |
|
307
Old Republic International
ORI
$10.6B
| $5.75M | 0.01% |
295,144
+107,329
| +57% | +$2M |
|
308
Progressive
PGR
$124B
| $5.72M | 0.01% |
170,702
-23,320
| -12% | -$771K |
|
309
Altria Group
MO
$113B
| $5.54M | 0.01% |
79,364
-1,121
| -1% | -$71.8K |
|
310
Harley-Davidson
HOG
$2.59B
| $5.54M | 0.01% |
113,920
-10,472
| -8% | -$482K |
|
311
Affiliated Managers Group
AMG
$9.65B
| $5.48M | 0.01% |
39,182
+341
| +0.9% | +$55.8K |
|
312
Nice
NICE
$5.79B
| $5.45M | 0.01% |
83,837
-37
| -0% | -$2.35K |
|
|
BEAV
313
DELISTED
B/E Aerospace Inc
BEAV
| $5.41M | 0.01% |
118,235
-7,398
| -6% | -$354K |
|
314
OraSure Technologies
OSUR
$273M
| $5.41M | 0.01% |
824,592
| – | – |
|
|
BRCD
315
DELISTED
Brocade Communications Systems, Inc. NEW
BRCD
| $5.39M | 0.01% |
567,721
+671
| +0.1% | +$6.01K |
|
|
LOCK
316
DELISTED
LifeLock, Inc.
LOCK
| $5.22M | 0.01% |
326,207
+9,034
| +3% | +$118K |
|
|
ANSS
317
DELISTED
Ansys
ANSS
| $5.13M | 0.01% |
56,181
+9,675
| +21% | +$855K |
|
318
Ultrapar
UGP
$6.9B
| $5.12M | 0.01% |
477,324
+23,134
| +5% | +$234K |
|
|
CYNO
319
DELISTED
Cynosure, Inc. Class A
CYNO
| $4.97M | 0.01% |
96,170
-18,043
| -16% | -$858K |
|
320
iShares Global Consumer Staples ETF
KXI
$1.07B
| $4.69M | 0.01% |
92,812
+9,346
| +11% | +$457K |
|
|
GWB
321
DELISTED
Great Western Bancorp, Inc.
GWB
| $4.59M | 0.01% |
139,616
-32,116
| -19% | -$999K |
|
322
Vanguard Industrials ETF
VIS
$8.04B
| $4.54M | 0.01% |
41,492
+3,308
| +9% | +$350K |
|
323
Viavi Solutions
VIAV
$8.65B
| $4.52M | 0.01% |
657,313
+105,583
| +19% | +$703K |
|
|
LM
324
DELISTED
Legg Mason, Inc.
LM
| $4.45M | 0.01% |
147,199
+53,100
| +56% | +$1.72M |
|
325
Piper Sandler
PIPR
$5.15B
| $4.42M | 0.01% |
439,404
-37,476
| -8% | -$398K |
|
Similar funds
Ken Fisher's Q2 2016 Portfolio in Review
As of Q2 2016, Ken Fisher held 787 positions worth $53.9B, up 2.4% from $52.6B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Fisher's Q2 2016 filing shows 43 new, 284 increased, 281 reduced and 42 closed positions. Its largest new stake was DST Systems Inc.: 280,332 shares worth $16.9M. The largest sale was Amazon, an estimated $351M.
By sector, the portfolio is most concentrated in Financials at 17% of assets, down from 18% a quarter earlier, followed by Healthcare and Technology.
- Ken Fisher's largest Q2 2016 buy was DST Systems Inc.: 280,332 shares worth $16.9M.
- Ken Fisher added most to Walmart Inc in Q2 2016, an estimated $323M increase.
- Ken Fisher's biggest Q2 2016 reduction was Amazon, cutting an estimated $351M.
- Ken Fisher fully exited Embraer S.A. ADS in Q2 2016, selling an estimated $104M.
- Ken Fisher's ten largest holdings make up 23% of its $53.9B portfolio in Q2 2016.
- Ken Fisher opened 43 new positions and closed 42 in Q2 2016.
- Ken Fisher's portfolio value rose 2.4% quarter-over-quarter to $53.9B.
Based on Fisher Asset Management's 13F filing for Q2 2016, filed 12 Jul 2016.