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 |
iShares MSCI Taiwan ETF
EWT
|
+$145M |
| 2 |
Qorvo
QRVO
|
+$134M |
| 3 |
Infosys
INFY
|
+$71.4M |
| 4 |
TTM
Tata Motors Limited
TTM
|
+$56.4M |
| 5 |
Dr. Reddy's Laboratories
RDY
|
+$56.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TQNT
TRIQUINT SEMICONDUCTOR INC
TQNT
|
+$154M |
| 2 |
Vanguard S&P 500 ETF
VOO
|
+$51.1M |
| 3 |
NETGEAR
NTGR
|
+$39.5M |
| 4 |
FIGY
Barclays ETN+ FI Enhanced Global High Yield ETN
FIGY
|
+$37.1M |
| 5 |
FEEU
Barclays ETN+ FI Enhanced Europe 50 ETN
FEEU
|
+$26.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 20.41% |
| 2 | Healthcare | 14.51% |
| 3 | Technology | 13.39% |
| 4 | Consumer Discretionary | 7.23% |
| 5 | Industrials | 6.9% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
BRCD
326
DELISTED
Brocade Communications Systems, Inc. NEW
BRCD
| $2.71M | 0.01% |
228,625
+59,900
| +36% | +$715K |
|
327
Altria Group
MO
$113B
| $2.6M | 0.01% |
52,062
-5,902
| -10% | -$313K |
|
328
Affiliated Managers Group
AMG
$9.94B
| $2.6M | 0.01% |
12,090
-90
| -0.7% | -$19K |
|
|
DISCK
329
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $2.48M | 0.01% |
84,192
-7,460
| -8% | -$225K |
|
|
WRI
330
DELISTED
Weingarten Realty Investors
WRI
| $2.47M | ﹤0.01% |
68,698
-1,725
| -2% | -$62.8K |
|
331
Republic Services
RSG
$64.6B
| $2.37M | ﹤0.01% |
58,520
-15,240
| -21% | -$621K |
|
|
NAB
332
DELISTED
NATL AUSTRALIA BK LTD ADS5
NAB
| $2.19M | ﹤0.01% |
148,478
+1,275
| +0.9% | +$18.8K |
|
333
Bristol-Myers Squibb
BMY
$132B
| $2.09M | ﹤0.01% |
32,441
+1,702
| +6% | +$107K |
|
334
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$66.1B
| $2M | ﹤0.01% |
22,777
+1,579
| +7% | +$138K |
|
335
Berkshire Hathaway Class A
BRK.A
$1.1T
| $1.96M | ﹤0.01% |
9
| – | – |
|
336
General Dynamics
GD
$103B
| $1.88M | ﹤0.01% |
13,816
-331
| -2% | -$45.4K |
|
337
Williams-Sonoma
WSM
$27.8B
| $1.86M | ﹤0.01% |
46,806
+10,000
| +27% | +$397K |
|
338
Wipro
WIT
$20.3B
| $1.83M | ﹤0.01% |
+733,707
| New | +$1.8M |
|
339
Camden Property Trust
CPT
$10.9B
| $1.82M | ﹤0.01% |
23,297
-4,690
| -17% | -$360K |
|
|
ALJ
340
DELISTED
Alon USA Energy Inc
ALJ
| $1.67M | ﹤0.01% |
100,700
| – | – |
|
|
SYT
341
DELISTED
Syngenta Ag
SYT
| $1.56M | ﹤0.01% |
23,067
| – | – |
|
342
Verizon
VZ
$197B
| $1.56M | ﹤0.01% |
32,123
+4,679
| +17% | +$226K |
|
343
McDonald's
MCD
$190B
| $1.5M | ﹤0.01% |
15,419
-8,617
| -36% | -$818K |
|
344
AT&T
T
$161B
| $1.47M | ﹤0.01% |
59,478
-7,544
| -11% | -$192K |
|
|
ACC
345
DELISTED
American Campus Communities, Inc.
ACC
| $1.46M | ﹤0.01% |
34,050
-10,300
| -23% | -$441K |
|
346
Nike
NKE
$62.6B
| $1.45M | ﹤0.01% |
28,804
+1,244
| +5% | +$59.5K |
|
347
State Street SPDR S&P 500 ETF Trust
SPY
$806B
| $1.42M | ﹤0.01% |
6,874
-6,143
| -47% | -$1.27M |
|
|
CMCSK
348
DELISTED
COMCAST CORP SPL A (NEW)
CMCSK
| $1.37M | ﹤0.01% |
24,469
-678
| -3% | -$38K |
|
349
Incyte
INCY
$24B
| $1.36M | ﹤0.01% |
14,870
| – | – |
|
350
Fluor
FLR
$7.02B
| $1.34M | ﹤0.01% |
23,400
-6,035
| -21% | -$343K |
|
Similar funds
Ken Fisher's Q1 2015 Portfolio in Review
As of Q1 2015, Ken Fisher held 664 positions worth $50B, up 3.5% from $48.4B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Ken Fisher's Q1 2015 filing shows 44 new, 219 increased, 244 reduced and 60 closed positions. Its largest new stake was iShares MSCI Taiwan ETF: 4,657,473 shares worth $147M. The largest sale was TRIQUINT SEMICONDUCTOR INC, an estimated $154M.
By sector, the portfolio is most concentrated in Financials at 20% of assets, down from 22% a quarter earlier, followed by Healthcare and Technology.
- Ken Fisher's largest Q1 2015 buy was iShares MSCI Taiwan ETF: 4,657,473 shares worth $147M.
- Ken Fisher added most to Infosys in Q1 2015, an estimated $71.4M increase.
- Ken Fisher's biggest Q1 2015 reduction was Vanguard S&P 500 ETF, cutting an estimated $51.1M.
- Ken Fisher fully exited TRIQUINT SEMICONDUCTOR INC in Q1 2015, selling an estimated $154M.
- Ken Fisher's ten largest holdings make up 22% of its $50B portfolio in Q1 2015.
- Ken Fisher opened 44 new positions and closed 60 in Q1 2015.
- Ken Fisher's portfolio value rose 3.5% quarter-over-quarter to $50B.
Based on Fisher Asset Management's 13F filing for Q1 2015, filed 30 Apr 2015.