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 |
SI
SIEMENS AKTIENGESELLSCHAFT ADS
SI
|
+$437M |
| 2 |
Lloyds Banking Group
LYG
|
+$371M |
| 3 |
iShares MSCI EAFE ETF
EFA
|
+$207M |
| 4 |
Vanguard S&P 500 ETF
VOO
|
+$146M |
| 5 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$51.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Oracle
ORCL
|
+$290M |
| 2 |
Cisco
CSCO
|
+$272M |
| 3 |
PepsiCo
PEP
|
+$268M |
| 4 |
Apple
AAPL
|
+$139M |
| 5 |
ABV
COMPANHIA BEBIDA ADS EACH REPSTG 1 PFD SH
ABV
|
+$80.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.72% |
| 2 | Technology | 12.76% |
| 3 | Healthcare | 12.06% |
| 4 | Consumer Discretionary | 7.83% |
| 5 | Industrials | 7.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
326
Fomento Económico Mexicano
FMX
$43.6B
| $1.13M | ﹤0.01% |
11,590
-1,205
| -9% | -$113K |
|
|
WFM
327
DELISTED
Whole Foods Market Inc
WFM
| $1.08M | ﹤0.01% |
18,718
-27,859
| -60% | -$1.65M |
|
328
iShares TIPS Bond ETF
TIP
$14.5B
| $1.06M | ﹤0.01% |
9,621
+2,159
| +29% | +$241K |
|
329
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$7.07B
| $1.03M | ﹤0.01% |
8,468
+34
| +0.4% | +$4.12K |
|
330
Rio Tinto
RIO
$158B
| $984K | ﹤0.01% |
17,430
-9,340
| -35% | -$486K |
|
331
Bristol-Myers Squibb
BMY
$133B
| $964K | ﹤0.01% |
18,138
+2,201
| +14% | +$112K |
|
|
APC
332
DELISTED
Anadarko Petroleum
APC
| $961K | ﹤0.01% |
12,119
-1,390
| -10% | -$125K |
|
333
Caterpillar
CAT
$375B
| $950K | ﹤0.01% |
10,461
-494
| -5% | -$42.2K |
|
|
CHL
334
DELISTED
China Mobile Limited
CHL
| $942K | ﹤0.01% |
18,021
-45,914
| -72% | -$2.44M |
|
335
Occidental Petroleum
OXY
$56.8B
| $884K | ﹤0.01% |
9,699
-978
| -9% | -$89.3K |
|
|
CMCSK
336
DELISTED
COMCAST CORP SPL A (NEW)
CMCSK
| $884K | ﹤0.01% |
17,720
+82
| +0.5% | +$4.09K |
|
337
Williams-Sonoma
WSM
$26.9B
| $858K | ﹤0.01% |
29,450
+520
| +2% | +$14.5K |
|
338
Starbucks
SBUX
$120B
| $822K | ﹤0.01% |
20,976
+1,906
| +10% | +$75.4K |
|
|
AGN
339
DELISTED
Allergan Inc
AGN
| $764K | ﹤0.01% |
6,882
-355
| -5% | -$33.9K |
|
340
Dover
DOV
$27.6B
| $747K | ﹤0.01% |
11,546
-684
| -6% | -$41.8K |
|
341
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$66.2B
| $746K | ﹤0.01% |
9,026
+1,600
| +22% | +$134K |
|
342
Phillips 66
PSX
$84.9B
| $683K | ﹤0.01% |
8,856
-2,852
| -24% | -$190K |
|
343
Rogers Communications
RCI
$18.3B
| $680K | ﹤0.01% |
15,020
-110
| -0.7% | -$4.9K |
|
344
Amgen
AMGN
$208B
| $666K | ﹤0.01% |
5,837
+205
| +4% | +$23.3K |
|
345
iShares MSCI Europe Financials ETF
EUFN
$4.14B
| $663K | ﹤0.01% |
+26,400
| New | +$633K |
|
346
Nike
NKE
$61.9B
| $631K | ﹤0.01% |
16,046
+2,246
| +16% | +$86K |
|
|
ETP
347
DELISTED
Energy Transfer Partners L.p.
ETP
| $621K | ﹤0.01% |
10,850
+2,148
| +25% | +$114K |
|
348
Lockheed Martin
LMT
$134B
| $601K | ﹤0.01% |
4,043
+15
| +0.4% | +$2.04K |
|
349
Colgate-Palmolive
CL
$73.1B
| $590K | ﹤0.01% |
9,050
-474
| -5% | -$30.3K |
|
350
Biogen
BIIB
$30B
| $570K | ﹤0.01% |
2,038
+264
| +15% | +$68.3K |
|
Similar funds
Ken Fisher's Q4 2013 Portfolio in Review
As of Q4 2013, Ken Fisher held 595 positions worth $44.1B, up 8.7% from $40.6B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Fisher's Q4 2013 filing shows 61 new, 130 increased, 291 reduced and 34 closed positions. Its largest new stake was Lloyds Banking Group: 73,965,265 shares worth $393M. The largest sale was Oracle, an estimated $290M.
By sector, the portfolio is most concentrated in Financials at 20% of assets, up from 18% a quarter earlier, followed by Technology and Healthcare.
- Ken Fisher's largest Q4 2013 buy was Lloyds Banking Group: 73,965,265 shares worth $393M.
- Ken Fisher added most to SIEMENS AKTIENGESELLSCHAFT ADS in Q4 2013, an estimated $437M increase.
- Ken Fisher's biggest Q4 2013 reduction was Oracle, cutting an estimated $290M.
- Ken Fisher fully exited COMPANHIA BEBIDA ADS EACH REPSTG 1 PFD SH in Q4 2013, selling an estimated $80.2M.
- Ken Fisher's ten largest holdings make up 23% of its $44.1B portfolio in Q4 2013.
- Ken Fisher opened 61 new positions and closed 34 in Q4 2013.
- Ken Fisher's portfolio value rose 8.7% quarter-over-quarter to $44.1B.
Based on Fisher Asset Management's 13F filing for Q4 2013, filed 14 Jan 2014.