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 |
Alphabet (Google) Class A
GOOGL
|
+$702M |
| 2 |
CAA
CalAtlantic Group, Inc.
CAA
|
+$90.3M |
| 3 |
America Movil
AMX
|
+$71.3M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$62.1M |
| 5 |
Stratasys
SSYS
|
+$53.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class C
GOOG
|
+$671M |
| 2 |
RYL
RYLAND GROUP INC
RYL
|
+$90.9M |
| 3 |
PMCS
P M C SIERRA INC
PMCS
|
+$76.3M |
| 4 |
BMR
BIOMED REALTY TRUST INC
BMR
|
+$40.1M |
| 5 |
HPY
HEARTLAND PAYMENT SYSTEMS, INC. COM STK
HPY
|
+$38.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.64% |
| 2 | Healthcare | 14.19% |
| 3 | Technology | 13.13% |
| 4 | Consumer Discretionary | 7.98% |
| 5 | Industrials | 6.61% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
326
Columbia Banking Systems
COLB
$8.84B
| $4.19M | 0.01% |
128,768
+22,058
| +21% | +$737K |
|
|
PTLA
327
DELISTED
Portola Pharmaceuticals, Inc.
PTLA
| $4.13M | 0.01% |
80,300
| – | – |
|
328
Ericsson
ERIC
$32.2B
| $4.12M | 0.01% |
428,370
+6,514
| +2% | +$63.4K |
|
329
Walker & Dunlop
WD
$1.71B
| $4.09M | 0.01% |
142,086
+21,799
| +18% | +$629K |
|
330
CVB Financial
CVBF
$3.94B
| $4.05M | 0.01% |
239,587
+42,167
| +21% | +$739K |
|
|
AMRI
331
DELISTED
Albany Molecular Research Inc
AMRI
| $4.04M | 0.01% |
203,450
+32,574
| +19% | +$619K |
|
332
Hyster-Yale Materials Handling
HY
$599M
| $4.04M | 0.01% |
76,939
| – | – |
|
333
Comfort Systems
FIX
$60.9B
| $4.03M | 0.01% |
141,882
+23,673
| +20% | +$720K |
|
334
Amphastar Pharmaceuticals
AMPH
$879M
| $3.93M | 0.01% |
276,472
+44,610
| +19% | +$589K |
|
|
ANSS
335
DELISTED
Ansys
ANSS
| $3.92M | 0.01% |
+42,386
| New | +$3.91M |
|
336
M/I Homes
MHO
$3.74B
| $3.88M | 0.01% |
176,799
+31,676
| +22% | +$727K |
|
337
Myriad Genetics
MYGN
$270M
| $3.88M | 0.01% |
89,775
| – | – |
|
338
Altria Group
MO
$114B
| $3.87M | 0.01% |
66,507
+14,975
| +29% | +$868K |
|
339
Eagle Bancorp
EGBN
$846M
| $3.84M | 0.01% |
76,006
+12,460
| +20% | +$625K |
|
|
AFFX
340
DELISTED
Affymetrix Inc
AFFX
| $3.83M | 0.01% |
379,737
+27,343
| +8% | +$253K |
|
|
MDC
341
DELISTED
M.D.C. Holdings, Inc.
MDC
| $3.8M | 0.01% |
206,650
+39,042
| +23% | +$740K |
|
342
Vanguard Industrials ETF
VIS
$8.1B
| $3.75M | 0.01% |
37,146
+1,626
| +5% | +$166K |
|
343
IQVIA
IQV
$38.7B
| $3.72M | 0.01% |
54,173
+5,896
| +12% | +$403K |
|
|
EPAY
344
DELISTED
Bottomline Technologies Inc
EPAY
| $3.72M | 0.01% |
+125,013
| New | +$3.53M |
|
345
Resources Connection
RGP
$151M
| $3.71M | 0.01% |
226,997
+35,904
| +19% | +$628K |
|
346
Renasant Corp
RNST
$3.98B
| $3.7M | 0.01% |
107,492
+17,784
| +20% | +$627K |
|
|
AFAM
347
DELISTED
Almost Family Inc
AFAM
| $3.68M | 0.01% |
96,216
+14,805
| +18% | +$599K |
|
348
iShares Global Consumer Staples ETF
KXI
$1.07B
| $3.67M | 0.01% |
78,950
+4,840
| +7% | +$226K |
|
349
Entravision Communication
EVC
$1.03B
| $3.66M | 0.01% |
474,498
+78,303
| +20% | +$636K |
|
|
LPT
350
DELISTED
Liberty Property Trust
LPT
| $3.65M | 0.01% |
117,490
-1,894
| -2% | -$62.8K |
|
Similar funds
Ken Fisher's Q4 2015 Portfolio in Review
As of Q4 2015, Ken Fisher held 832 positions worth $51.9B, up 8.1% from $48B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Fisher's Q4 2015 filing shows 117 new, 382 increased, 189 reduced and 39 closed positions. Its largest new stake was Alphabet (Google) Class A: 18,980,280 shares worth $738M. The largest sale was Alphabet (Google) Class C, an estimated $671M.
By sector, the portfolio is most concentrated in Financials at 20% of assets, down from 20% a quarter earlier, followed by Healthcare and Technology.
- Ken Fisher's largest Q4 2015 buy was Alphabet (Google) Class A: 18,980,280 shares worth $738M.
- Ken Fisher added most to CalAtlantic Group, Inc. in Q4 2015, an estimated $90.3M increase.
- Ken Fisher's biggest Q4 2015 reduction was Alphabet (Google) Class C, cutting an estimated $671M.
- Ken Fisher fully exited RYLAND GROUP INC in Q4 2015, selling an estimated $90.9M.
- Ken Fisher's ten largest holdings make up 23% of its $51.9B portfolio in Q4 2015.
- Ken Fisher opened 117 new positions and closed 39 in Q4 2015.
- Ken Fisher's portfolio value rose 8.1% quarter-over-quarter to $51.9B.
Based on Fisher Asset Management's 13F filing for Q4 2015, filed 14 Jan 2016.