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 |
Apple
AAPL
|
+$92.2M |
| 2 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$83.3M |
| 3 |
HPY
HEARTLAND PAYMENT SYSTEMS, INC. COM STK
HPY
|
+$76M |
| 4 |
FIEG
FI Enhanced Global High Yield Exchange Traded Notes
FIEG
|
+$45.3M |
| 5 |
AAWW
Atlas Air Worldwide Holdings, Inc.
AAWW
|
+$44.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI EAFE ETF
EFA
|
+$208M |
| 2 |
Vanguard S&P 500 ETF
VOO
|
+$150M |
| 3 |
FCS
FAIRCHILD SEMICONDUCTOR INTL INC COMMON
FCS
|
+$66.6M |
| 4 |
OVTI
OMNIVISION TECHNOLOGIES INC
OVTI
|
+$48.3M |
| 5 |
CEO
CNOOC Limited
CEO
|
+$44M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.85% |
| 2 | Technology | 12.89% |
| 3 | Healthcare | 12.55% |
| 4 | Industrials | 7.74% |
| 5 | Consumer Discretionary | 7.22% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
326
Franklin Resources
BEN
$17.6B
| $1.2M | ﹤0.01% |
22,065
-2
| -0% | -$108 |
|
327
iShares Russell 2000 Value ETF
IWN
$14.3B
| $1.16M | ﹤0.01% |
11,470
-1,485
| -11% | -$146K |
|
328
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$7.07B
| $1.15M | ﹤0.01% |
9,260
+792
| +9% | +$97.3K |
|
329
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$66.2B
| $1.09M | ﹤0.01% |
12,890
+3,864
| +43% | +$326K |
|
330
iShares TIPS Bond ETF
TIP
$14.5B
| $1.03M | ﹤0.01% |
9,161
-460
| -5% | -$51.5K |
|
|
APC
331
DELISTED
Anadarko Petroleum
APC
| $1.01M | ﹤0.01% |
11,980
-139
| -1% | -$11.4K |
|
332
Williams-Sonoma
WSM
$26.9B
| $964K | ﹤0.01% |
28,930
-520
| -2% | -$15.1K |
|
|
WFM
333
DELISTED
Whole Foods Market Inc
WFM
| $953K | ﹤0.01% |
18,794
+76
| +0.4% | +$4.05K |
|
|
CMCSK
334
DELISTED
COMCAST CORP SPL A (NEW)
CMCSK
| $909K | ﹤0.01% |
18,645
+925
| +5% | +$45.1K |
|
335
British American Tobacco
BTI
$131B
| $846K | ﹤0.01% |
15,180
-20,884
| -58% | -$1.09M |
|
336
ConocoPhillips
COP
$147B
| $840K | ﹤0.01% |
11,945
-6,665
| -36% | -$446K |
|
|
AGN
337
DELISTED
Allergan Inc
AGN
| $830K | ﹤0.01% |
6,685
-197
| -3% | -$24K |
|
338
Rio Tinto
RIO
$158B
| $829K | ﹤0.01% |
14,855
-2,575
| -15% | -$140K |
|
339
Occidental Petroleum
OXY
$56.8B
| $820K | ﹤0.01% |
8,980
-719
| -7% | -$64.2K |
|
340
Bristol-Myers Squibb
BMY
$133B
| $817K | ﹤0.01% |
15,733
-2,405
| -13% | -$128K |
|
|
FCS
341
DELISTED
FAIRCHILD SEMICONDUCTOR INTL INC COMMON
FCS
| $721K | ﹤0.01% |
52,249
-4,986,698
| -99% | -$66.6M |
|
342
Shinhan Financial Group
SHG
$32.8B
| $716K | ﹤0.01% |
16,289
+11,864
| +268% | +$492K |
|
343
Starbucks
SBUX
$120B
| $689K | ﹤0.01% |
18,778
-2,198
| -10% | -$81.3K |
|
344
Vanguard Short-Term Corporate Bond ETF
VCSH
$44.7B
| $677K | ﹤0.01% |
8,464
+1,438
| +20% | +$115K |
|
345
Phillips 66
PSX
$84.9B
| $669K | ﹤0.01% |
8,681
-175
| -2% | -$13.3K |
|
346
PPG Industries
PPG
$24.6B
| $663K | ﹤0.01% |
6,848
-6,428
| -48% | -$610K |
|
347
Vodafone
VOD
$36.3B
| $625K | ﹤0.01% |
16,970
-56,673
| -77% | -$2.18M |
|
348
Rogers Communications
RCI
$18.3B
| $622K | ﹤0.01% |
15,005
-15
| -0.1% | -$612 |
|
349
Dover
DOV
$27.6B
| $594K | ﹤0.01% |
8,994
-2,552
| -22% | -$159K |
|
|
EMC
350
DELISTED
EMC CORPORATION
EMC
| $593K | ﹤0.01% |
21,648
-218
| -1% | -$5.67K |
|
Similar funds
Ken Fisher's Q1 2014 Portfolio in Review
As of Q1 2014, Ken Fisher held 629 positions worth $44.3B, up 0.5% from $44.1B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Fisher's Q1 2014 filing shows 68 new, 131 increased, 316 reduced and 43 closed positions. Its largest new stake was HEARTLAND PAYMENT SYSTEMS, INC. COM STK: 1,748,920 shares worth $72.5M. The largest sale was iShares MSCI EAFE ETF, an estimated $208M.
By sector, the portfolio is most concentrated in Financials at 20% of assets, up from 20% a quarter earlier, followed by Technology and Healthcare.
- Ken Fisher's largest Q1 2014 buy was HEARTLAND PAYMENT SYSTEMS, INC. COM STK: 1,748,920 shares worth $72.5M.
- Ken Fisher added most to Apple in Q1 2014, an estimated $92.2M increase.
- Ken Fisher's biggest Q1 2014 reduction was iShares MSCI EAFE ETF, cutting an estimated $208M.
- Ken Fisher fully exited TECHNIP ADS (EA REPTG ONE ORD SHS) in Q1 2014, selling an estimated $38.8M.
- Ken Fisher's ten largest holdings make up 23% of its $44.3B portfolio in Q1 2014.
- Ken Fisher opened 68 new positions and closed 43 in Q1 2014.
- Ken Fisher's portfolio value rose 0.5% quarter-over-quarter to $44.3B.
Based on Fisher Asset Management's 13F filing for Q1 2014, filed 22 Apr 2014.