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 |
FIHD
UBS AG FI Enhanced Global High Yield ETN
FIHD
|
+$353M |
| 2 |
Televisa
TV
|
+$92.4M |
| 3 |
FLGE
Credit Suisse FI Large Cap Growth Enhanced Exchange Traded Notes
FLGE
|
+$38.2M |
| 4 |
DST
DST Systems Inc.
DST
|
+$36.8M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$27M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FIEG
FI Enhanced Global High Yield Exchange Traded Notes
FIEG
|
+$315M |
| 2 |
CAB
Cabela's Inc
CAB
|
+$56.7M |
| 3 |
NXP Semiconductors
NXPI
|
+$48.7M |
| 4 |
TSMC
TSM
|
+$24.7M |
| 5 |
FIGY
Barclays ETN+ FI Enhanced Global High Yield ETN
FIGY
|
+$23.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.9% |
| 2 | Technology | 14.05% |
| 3 | Healthcare | 12.4% |
| 4 | Consumer Discretionary | 7.69% |
| 5 | Industrials | 6.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
ANSS
301
DELISTED
Ansys
ANSS
| $6.45M | 0.01% |
69,762
+167
| +0.2% | +$15.4K |
|
302
Essex Property Trust
ESS
$18.3B
| $6.41M | 0.01% |
27,586
-472
| -2% | -$102K |
|
303
Cencora
COR
$60.6B
| $6.38M | 0.01% |
81,554
-3,052
| -4% | -$238K |
|
304
ING
ING
$99.8B
| $6.26M | 0.01% |
444,178
-165,319
| -27% | -$2.23M |
|
305
Harley-Davidson
HOG
$2.58B
| $6.21M | 0.01% |
106,380
-1,934
| -2% | -$110K |
|
306
Paycom
PAYC
$7.64B
| $6.12M | 0.01% |
134,631
+30,173
| +29% | +$1.4M |
|
|
PCH
307
DELISTED
PotlatchDeltic
PCH
| $6.09M | 0.01% |
146,229
-16,300
| -10% | -$658K |
|
308
Edgewell Personal Care
EPC
$1.25B
| $6.04M | 0.01% |
82,722
-875
| -1% | -$67.7K |
|
309
Nucor
NUE
$58.6B
| $5.88M | 0.01% |
98,851
-924
| -0.9% | -$51.7K |
|
310
Nice
NICE
$5.79B
| $5.76M | 0.01% |
83,837
| – | – |
|
311
Vanguard Industrials ETF
VIS
$8.1B
| $5.67M | 0.01% |
47,546
+4,559
| +11% | +$523K |
|
312
Vanguard S&P 500 ETF
VOO
$979B
| $5.24M | 0.01% |
25,539
+19,065
| +294% | +$3.83M |
|
|
IMPV
313
DELISTED
Imperva, Inc.
IMPV
| $5.24M | 0.01% |
136,429
-16,807
| -11% | -$682K |
|
314
Ultrapar
UGP
$6.95B
| $5.23M | 0.01% |
504,234
+130,254
| +35% | +$1.37M |
|
315
Advanced Energy
AEIS
$11.6B
| $5.21M | 0.01% |
95,188
-27,921
| -23% | -$1.43M |
|
316
iShares Global Healthcare ETF
IXJ
$4.07B
| $5.2M | 0.01% |
109,774
+73,930
| +206% | +$3.55M |
|
317
Progressive
PGR
$123B
| $5.18M | 0.01% |
145,885
-4,190
| -3% | -$139K |
|
|
DASTY
318
DELISTED
DASSAULT SYSTEMES SA ADR
DASTY
| $5.15M | 0.01% |
67,428
-21,486
| -24% | -$1.64M |
|
319
iShares Global Consumer Staples ETF
KXI
$1.07B
| $5.03M | 0.01% |
109,226
+12,718
| +13% | +$596K |
|
|
LOGM
320
DELISTED
LogMein, Inc.
LOGM
| $5.03M | 0.01% |
52,057
+24
| +0% | +$2.33K |
|
321
iShares Europe ETF
IEV
$1.67B
| $4.92M | 0.01% |
126,800
-3,727
| -3% | -$142K |
|
322
Toyota
TM
$224B
| $4.9M | 0.01% |
41,810
-12,873
| -24% | -$1.5M |
|
323
Altria Group
MO
$114B
| $4.76M | 0.01% |
70,464
-5,698
| -7% | -$367K |
|
324
Vanguard Short-Term Corporate Bond ETF
VCSH
$44.7B
| $4.68M | 0.01% |
58,996
+12,489
| +27% | +$996K |
|
325
ICU Medical
ICUI
$4.21B
| $4.57M | 0.01% |
31,000
| – | – |
|
Similar funds
Ken Fisher's Q4 2016 Portfolio in Review
As of Q4 2016, Ken Fisher held 837 positions worth $57.4B, up 2% from $56.3B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Ken Fisher's Q4 2016 filing shows 61 new, 208 increased, 401 reduced and 54 closed positions. Its largest new stake was Barclays ETN+ FI Enhanced Europe 50 ETN Series B: 174,286 shares worth $18.7M. The largest sale was FI Enhanced Global High Yield Exchange Traded Notes, an estimated $315M.
By sector, the portfolio is most concentrated in Financials at 20% of assets, up from 17% a quarter earlier, followed by Technology and Healthcare.
- Ken Fisher's largest Q4 2016 buy was Barclays ETN+ FI Enhanced Europe 50 ETN Series B: 174,286 shares worth $18.7M.
- Ken Fisher added most to UBS AG FI Enhanced Global High Yield ETN in Q4 2016, an estimated $353M increase.
- Ken Fisher's biggest Q4 2016 reduction was FI Enhanced Global High Yield Exchange Traded Notes, cutting an estimated $315M.
- Ken Fisher fully exited Cabela's Inc in Q4 2016, selling an estimated $56.7M.
- Ken Fisher's ten largest holdings make up 22% of its $57.4B portfolio in Q4 2016.
- Ken Fisher opened 61 new positions and closed 54 in Q4 2016.
- Ken Fisher's portfolio value rose 2% quarter-over-quarter to $57.4B.
Based on Fisher Asset Management's 13F filing for Q4 2016, filed 10 Jan 2017.