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 |
UBS Group
UBS
|
+$423M |
| 2 |
CS
Credit Suisse Group
CS
|
+$261M |
| 3 |
Barclays
BCS
|
+$240M |
| 4 |
ABB
ABB Ltd
ABB
|
+$161M |
| 5 |
Trip.com Group
TCOM
|
+$113M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Lloyds Banking Group
LYG
|
+$230M |
| 2 |
SI
SIEMENS AKTIENGESELLSCHAFT ADS
SI
|
+$162M |
| 3 |
BF
BASF AKTIENGESELLT ADS(RP1 ORD
BF
|
+$84M |
| 4 |
BHP
BHP
|
+$60.3M |
| 5 |
SUSQ
SUSQUEHANNA BANCSHARES INC
SUSQ
|
+$42.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 21.7% |
| 2 | Healthcare | 13.73% |
| 3 | Technology | 13.21% |
| 4 | Industrials | 7.16% |
| 5 | Consumer Discretionary | 6.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
WRI
326
DELISTED
Weingarten Realty Investors
WRI
| $2.46M | 0.01% |
70,423
-2,711
| -4% | -$94.4K |
|
327
McDonald's
MCD
$192B
| $2.25M | ﹤0.01% |
24,036
-15,820
| -40% | -$1.48M |
|
328
iShares Russell 2000 Value ETF
IWN
$14.3B
| $2.08M | ﹤0.01% |
20,435
+9,154
| +81% | +$897K |
|
329
Camden Property Trust
CPT
$11B
| $2.07M | ﹤0.01% |
27,987
-2,490
| -8% | -$184K |
|
330
Berkshire Hathaway Class A
BRK.A
$1.1T
| $2.03M | ﹤0.01% |
9
| – | – |
|
|
NAB
331
DELISTED
NATL AUSTRALIA BK LTD ADS5
NAB
| $2.02M | ﹤0.01% |
147,203
+105
| +0.1% | +$1.44K |
|
|
BRCD
332
DELISTED
Brocade Communications Systems, Inc. NEW
BRCD
| $2M | ﹤0.01% |
168,725
+87,725
| +108% | +$952K |
|
333
Fomento Económico Mexicano
FMX
$43.6B
| $1.98M | ﹤0.01% |
22,472
-286
| -1% | -$26.2K |
|
334
General Dynamics
GD
$104B
| $1.95M | ﹤0.01% |
14,147
+327
| +2% | +$44.5K |
|
335
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$45.8B
| $1.85M | ﹤0.01% |
+10,414
| New | +$1.8M |
|
|
ACC
336
DELISTED
American Campus Communities, Inc.
ACC
| $1.83M | ﹤0.01% |
44,350
+1,525
| +4% | +$60K |
|
337
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$66.2B
| $1.82M | ﹤0.01% |
21,198
+851
| +4% | +$73.5K |
|
338
Bristol-Myers Squibb
BMY
$133B
| $1.81M | ﹤0.01% |
30,739
-20,462
| -40% | -$1.15M |
|
339
Fluor
FLR
$7.01B
| $1.78M | ﹤0.01% |
29,435
+745
| +3% | +$47.1K |
|
340
AT&T
T
$159B
| $1.7M | ﹤0.01% |
67,022
+3,506
| +6% | +$91K |
|
|
PETM
341
DELISTED
PETSMART INC
PETM
| $1.6M | ﹤0.01% |
19,733
+7,950
| +67% | +$589K |
|
342
Telkom Indonesia
TLK
$14.5B
| $1.57M | ﹤0.01% |
69,290
+384
| +0.6% | +$8.71K |
|
343
Philip Morris
PM
$297B
| $1.56M | ﹤0.01% |
19,151
+1,003
| +6% | +$86.1K |
|
|
SYT
344
DELISTED
Syngenta Ag
SYT
| $1.48M | ﹤0.01% |
23,067
| – | – |
|
345
State Street SPDR MSCI ACWI ex-US ETF
CWI
$2.78B
| $1.47M | ﹤0.01% |
+65,879
| New | +$1.5M |
|
|
CMCSK
346
DELISTED
COMCAST CORP SPL A (NEW)
CMCSK
| $1.45M | ﹤0.01% |
25,147
+1,834
| +8% | +$106K |
|
|
OUBS
347
DELISTED
USB AG (NEW)
OUBS
| $1.4M | ﹤0.01% |
+84,780
| New | +$1.48M |
|
348
Williams-Sonoma
WSM
$26.9B
| $1.39M | ﹤0.01% |
36,806
+18,400
| +100% | +$638K |
|
349
Nike
NKE
$61.9B
| $1.32M | ﹤0.01% |
27,560
-5,140
| -16% | -$241K |
|
350
Verizon
VZ
$195B
| $1.28M | ﹤0.01% |
27,444
+4,877
| +22% | +$239K |
|
Similar funds
Ken Fisher's Q4 2014 Portfolio in Review
As of Q4 2014, Ken Fisher held 664 positions worth $48.4B, up 3.1% from $46.9B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Ken Fisher's Q4 2014 filing shows 80 new, 228 increased, 245 reduced and 44 closed positions. Its largest new stake was UBS Group: 24,721,456 shares worth $422M. The largest sale was Lloyds Banking Group, an estimated $230M.
By sector, the portfolio is most concentrated in Financials at 22% of assets, up from 20% a quarter earlier, followed by Healthcare and Technology.
- Ken Fisher's largest Q4 2014 buy was UBS Group: 24,721,456 shares worth $422M.
- Ken Fisher added most to Credit Suisse Group in Q4 2014, an estimated $261M increase.
- Ken Fisher's biggest Q4 2014 reduction was Lloyds Banking Group, cutting an estimated $230M.
- Ken Fisher fully exited SUSQUEHANNA BANCSHARES INC in Q4 2014, selling an estimated $42.8M.
- Ken Fisher's ten largest holdings make up 22% of its $48.4B portfolio in Q4 2014.
- Ken Fisher opened 80 new positions and closed 44 in Q4 2014.
- Ken Fisher's portfolio value rose 3.1% quarter-over-quarter to $48.4B.
Based on Fisher Asset Management's 13F filing for Q4 2014, filed 29 Jan 2015.