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 |
FIEE
FI Enhanced Europe 50 ETN
FIEE
|
+$334M |
| 2 |
Goldman Sachs
GS
|
+$280M |
| 3 |
Capital One
COF
|
+$81.6M |
| 4 |
NXP Semiconductors
NXPI
|
+$78.2M |
| 5 |
Lloyds Banking Group
LYG
|
+$70.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FEEU
Barclays ETN+ FI Enhanced Europe 50 ETN
FEEU
|
+$267M |
| 2 |
Citigroup
C
|
+$175M |
| 3 |
Bank of America
BAC
|
+$112M |
| 4 |
CS
Credit Suisse Group
CS
|
+$109M |
| 5 |
American Express
AXP
|
+$77.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.39% |
| 2 | Technology | 14.47% |
| 3 | Healthcare | 13.22% |
| 4 | Consumer Discretionary | 8.36% |
| 5 | Industrials | 6.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
PCH
301
DELISTED
PotlatchDeltic
PCH
| $6.32M | 0.01% |
162,529
| – | – |
|
302
Essex Property Trust
ESS
$18.3B
| $6.25M | 0.01% |
28,058
-4,969
| -15% | -$1.13M |
|
303
Northern Trust
NTRS
$33.3B
| $6.1M | 0.01% |
89,690
-13,558
| -13% | -$921K |
|
304
Alkermes
ALKS
$8.22B
| $6.09M | 0.01% |
129,607
+6,513
| +5% | +$310K |
|
|
JNPR
305
DELISTED
Juniper Networks
JNPR
| $5.95M | 0.01% |
247,310
-31,215
| -11% | -$723K |
|
306
Advanced Energy
AEIS
$11.6B
| $5.83M | 0.01% |
123,109
+32,590
| +36% | +$1.39M |
|
|
BEAV
307
DELISTED
B/E Aerospace Inc
BEAV
| $5.82M | 0.01% |
112,617
-5,618
| -5% | -$272K |
|
308
Viavi Solutions
VIAV
$9.12B
| $5.72M | 0.01% |
773,413
+116,100
| +18% | +$851K |
|
309
Harley-Davidson
HOG
$2.58B
| $5.7M | 0.01% |
108,314
-5,606
| -5% | -$290K |
|
310
Nice
NICE
$5.79B
| $5.61M | 0.01% |
83,837
| – | – |
|
|
LOCK
311
DELISTED
LifeLock, Inc.
LOCK
| $5.52M | 0.01% |
326,207
| – | – |
|
|
RDS.A
312
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $5.42M | 0.01% |
108,232
-10,858
| -9% | -$554K |
|
313
Paycom
PAYC
$7.64B
| $5.24M | 0.01% |
104,458
+27,235
| +35% | +$1.33M |
|
314
M&T Bank
MTB
$35.7B
| $5.18M | 0.01% |
44,598
-5,828
| -12% | -$677K |
|
315
iShares Europe ETF
IEV
$1.67B
| $5.14M | 0.01% |
+130,527
| New | +$5.07M |
|
|
WRI
316
DELISTED
Weingarten Realty Investors
WRI
| $4.97M | 0.01% |
127,573
+30,400
| +31% | +$1.25M |
|
317
OraSure Technologies
OSUR
$279M
| $4.97M | 0.01% |
623,658
-200,934
| -24% | -$1.49M |
|
318
Nucor
NUE
$58.6B
| $4.93M | 0.01% |
99,775
-16,043
| -14% | -$816K |
|
319
Affiliated Managers Group
AMG
$9.69B
| $4.91M | 0.01% |
33,938
-5,244
| -13% | -$751K |
|
|
WNS
320
DELISTED
WNS Holdings
WNS
| $4.91M | 0.01% |
+163,868
| New | +$4.72M |
|
321
Altria Group
MO
$114B
| $4.82M | 0.01% |
76,162
-3,202
| -4% | -$213K |
|
322
iShares Global Consumer Staples ETF
KXI
$1.07B
| $4.79M | 0.01% |
96,508
+3,696
| +4% | +$184K |
|
323
Vanguard Industrials ETF
VIS
$8.1B
| $4.77M | 0.01% |
42,987
+1,495
| +4% | +$165K |
|
324
Progressive
PGR
$123B
| $4.73M | 0.01% |
150,075
-20,627
| -12% | -$672K |
|
|
LOGM
325
DELISTED
LogMein, Inc.
LOGM
| $4.7M | 0.01% |
52,033
| – | – |
|
Similar funds
Ken Fisher's Q3 2016 Portfolio in Review
As of Q3 2016, Ken Fisher held 812 positions worth $56.3B, up 4.5% from $53.9B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Fisher's Q3 2016 filing shows 67 new, 303 increased, 278 reduced and 36 closed positions. Its largest new stake was iShares Europe ETF: 130,527 shares worth $5.14M. The largest sale was Barclays ETN+ FI Enhanced Europe 50 ETN, an estimated $267M.
By sector, the portfolio is most concentrated in Financials at 17% of assets, up from 17% a quarter earlier, followed by Technology and Healthcare.
- Ken Fisher's largest Q3 2016 buy was iShares Europe ETF: 130,527 shares worth $5.14M.
- Ken Fisher added most to FI Enhanced Europe 50 ETN in Q3 2016, an estimated $334M increase.
- Ken Fisher's biggest Q3 2016 reduction was Barclays ETN+ FI Enhanced Europe 50 ETN, cutting an estimated $267M.
- Ken Fisher fully exited PrivateBancorp Inc in Q3 2016, selling an estimated $61.3M.
- Ken Fisher's ten largest holdings make up 23% of its $56.3B portfolio in Q3 2016.
- Ken Fisher opened 67 new positions and closed 36 in Q3 2016.
- Ken Fisher's portfolio value rose 4.5% quarter-over-quarter to $56.3B.
Based on Fisher Asset Management's 13F filing for Q3 2016, filed 11 Oct 2016.