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 |
Walmart Inc
WMT
|
+$323M |
| 2 |
JD.com
JD
|
+$141M |
| 3 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$90.2M |
| 4 |
America Movil
AMX
|
+$62.6M |
| 5 |
FIHD
UBS AG FI Enhanced Global High Yield ETN
FIHD
|
+$60.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$351M |
| 2 |
EMBJ
Embraer S.A. ADS
EMBJ
|
+$104M |
| 3 |
FEIC
FEI COMPANY
FEIC
|
+$39.1M |
| 4 |
FIGY
Barclays ETN+ FI Enhanced Global High Yield ETN
FIGY
|
+$36.1M |
| 5 |
FBGX
UBS AG FI Enhanced Large Cap Growth ETN
FBGX
|
+$28.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 22.33% |
| 2 | Financials | 17.64% |
| 3 | Healthcare | 14.58% |
| 4 | Technology | 13.49% |
| 5 | Consumer Discretionary | 8.31% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
LPT
326
DELISTED
Liberty Property Trust
LPT
| $4.35M | 0.01% |
107,828
-7,131
| -6% | -$259K |
|
327
Hyster-Yale Materials Handling
HY
$603M
| $4.33M | 0.01% |
70,169
+1,780
| +3% | +$112K |
|
328
Amphastar Pharmaceuticals
AMPH
$1.01B
| $4.24M | 0.01% |
250,331
-26,141
| -9% | -$369K |
|
329
Banc of California
BANC
$2.94B
| $4.21M | 0.01% |
224,800
-21,710
| -9% | -$417K |
|
330
ING
ING
$106B
| $4.16M | 0.01% |
+404,209
| New | +$4.79M |
|
|
ACET
331
DELISTED
Aceto Corp
ACET
| $4.13M | 0.01% |
167,853
-17,618
| -9% | -$395K |
|
|
WRI
332
DELISTED
Weingarten Realty Investors
WRI
| $4.1M | 0.01% |
97,173
+31,000
| +47% | +$1.18M |
|
|
CAVM
333
DELISTED
Cavium, Inc.
CAVM
| $4.02M | 0.01% |
+98,928
| New | +$4.89M |
|
|
CATM
334
DELISTED
Cardtronics plc Class A Ordinary Shares (UK)
CATM
| $4M | 0.01% |
99,000
| – | – |
|
|
SCLN
335
DELISTED
Sciclone Pharmaceuticals Inc
SCLN
| $3.99M | 0.01% |
298,014
-161,593
| -35% | -$2.12M |
|
336
Comfort Systems
FIX
$59.5B
| $3.98M | 0.01% |
118,750
-23,215
| -16% | -$740K |
|
|
HOT
337
DELISTED
STARWOOD HOTELS & RESORTS WORLDWIDE, INC.
HOT
| $3.94M | 0.01% |
51,277
-13,845
| -21% | -$1.06M |
|
|
SFBS
338
ServisFirst Bancshares
SFBS
$4.61B
| $3.9M | 0.01% |
314,036
-51,208
| -14% | -$629K |
|
339
Merit Medical Systems
MMSI
$5.16B
| $3.84M | 0.01% |
185,797
| – | – |
|
340
B&G Foods
BGS
$256M
| $3.82M | 0.01% |
79,901
-14,310
| -15% | -$583K |
|
341
Installed Building Products
IBP
$5.43B
| $3.78M | 0.01% |
100,963
-21,554
| -18% | -$670K |
|
342
Ethan Allen Interiors
ETD
$553M
| $3.73M | 0.01% |
109,192
-19,436
| -15% | -$628K |
|
343
Vanguard Short-Term Corporate Bond ETF
VCSH
$44.4B
| $3.63M | 0.01% |
44,856
+5,264
| +13% | +$422K |
|
|
FCB
344
DELISTED
FCB Financial Holdings, Inc.
FCB
| $3.6M | 0.01% |
103,481
-18,452
| -15% | -$635K |
|
345
Check Point Software Technologies
CHKP
$13.4B
| $3.6M | 0.01% |
43,600
-298
| -0.7% | -$24.9K |
|
346
CVB Financial
CVBF
$3.95B
| $3.6M | 0.01% |
216,589
-22,998
| -10% | -$390K |
|
347
AMERISAFE
AMSF
$459M
| $3.59M | 0.01% |
58,060
-16,664
| -22% | -$953K |
|
348
ICU Medical
ICUI
$3.91B
| $3.59M | 0.01% |
31,000
| – | – |
|
|
CHL
349
DELISTED
China Mobile Limited
CHL
| $3.58M | 0.01% |
62,343
-1,444
| -2% | -$81.2K |
|
|
AFAM
350
DELISTED
Almost Family Inc
AFAM
| $3.58M | 0.01% |
81,269
-8,488
| -9% | -$350K |
|
Similar funds
Ken Fisher's Q2 2016 Portfolio in Review
As of Q2 2016, Ken Fisher held 787 positions worth $53.9B, up 2.4% from $52.6B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Fisher's Q2 2016 filing shows 43 new, 284 increased, 281 reduced and 42 closed positions. Its largest new stake was DST Systems Inc.: 280,332 shares worth $16.9M. The largest sale was Amazon, an estimated $351M.
By sector, the portfolio is most concentrated in Miscellaneous at 22% of assets, up from 22% a quarter earlier, followed by Financials and Healthcare.
- Ken Fisher's largest Q2 2016 buy was DST Systems Inc.: 280,332 shares worth $16.9M.
- Ken Fisher added most to Walmart Inc in Q2 2016, an estimated $323M increase.
- Ken Fisher's biggest Q2 2016 reduction was Amazon, cutting an estimated $351M.
- Ken Fisher fully exited Embraer S.A. ADS in Q2 2016, selling an estimated $104M.
- Ken Fisher's ten largest holdings make up 23% of its $53.9B portfolio in Q2 2016.
- Ken Fisher opened 43 new positions and closed 42 in Q2 2016.
- Ken Fisher's portfolio value rose 2.4% quarter-over-quarter to $53.9B.
Based on Fisher Asset Management's 13F filing for Q2 2016, filed 12 Jul 2016.