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 |
FIHD
UBS AG FI Enhanced Global High Yield ETN
FIHD
|
+$353M |
| 2 |
Televisa
TV
|
+$92.4M |
| 3 |
FLGE
Credit Suisse FI Large Cap Growth Enhanced Exchange Traded Notes
FLGE
|
+$38.2M |
| 4 |
DST
DST Systems Inc.
DST
|
+$36.8M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$27M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FIEG
FI Enhanced Global High Yield Exchange Traded Notes
FIEG
|
+$315M |
| 2 |
CAB
Cabela's Inc
CAB
|
+$56.7M |
| 3 |
NXP Semiconductors
NXPI
|
+$48.7M |
| 4 |
TSMC
TSM
|
+$24.7M |
| 5 |
FIGY
Barclays ETN+ FI Enhanced Global High Yield ETN
FIGY
|
+$23.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.9% |
| 2 | Technology | 14.05% |
| 3 | Healthcare | 12.4% |
| 4 | Consumer Discretionary | 7.69% |
| 5 | Industrials | 6.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
326
iShares MSCI Germany ETF
EWG
$1.59B
| $4.53M | 0.01% |
170,865
+145,645
| +577% | +$3.75M |
|
|
WRI
327
DELISTED
Weingarten Realty Investors
WRI
| $4.52M | 0.01% |
126,323
-1,250
| -1% | -$44.9K |
|
328
Hyster-Yale Materials Handling
HY
$599M
| $4.49M | 0.01% |
70,369
+200
| +0.3% | +$12.3K |
|
329
SS&C Technologies
SSNC
$18.1B
| $4.45M | 0.01% |
155,675
+16,725
| +12% | +$518K |
|
330
Affiliated Managers Group
AMG
$9.69B
| $4.42M | 0.01% |
30,398
-3,540
| -10% | -$514K |
|
|
RDS.A
331
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $4.21M | 0.01% |
77,429
-30,803
| -28% | -$1.59M |
|
|
IRY
332
DELISTED
SPDR S&P International Health Care Sector
IRY
| $4.09M | 0.01% |
+94,088
| New | +$4.14M |
|
333
Energizer
ENR
$1.44B
| $3.87M | 0.01% |
86,808
+11,770
| +16% | +$537K |
|
|
LPT
334
DELISTED
Liberty Property Trust
LPT
| $3.85M | 0.01% |
97,461
-1,702
| -2% | -$66.6K |
|
335
Vanguard FTSE Developed Markets ETF
VEA
$229B
| $3.85M | 0.01% |
105,295
+32,312
| +44% | +$1.18M |
|
336
Viavi Solutions
VIAV
$9.12B
| $3.72M | 0.01% |
454,225
-319,188
| -41% | -$2.48M |
|
337
Check Point Software Technologies
CHKP
$13B
| $3.57M | 0.01% |
42,300
| – | – |
|
338
IBM
IBM
$211B
| $3.45M | 0.01% |
21,759
-502
| -2% | -$76.5K |
|
339
Huazhu Hotels Group
HTHT
$13.1B
| $3.42M | 0.01% |
263,748
| – | – |
|
340
Piper Sandler
PIPR
$5.12B
| $3.41M | 0.01% |
187,992
-158,092
| -46% | -$2.5M |
|
|
CHL
341
DELISTED
China Mobile Limited
CHL
| $3.24M | 0.01% |
61,876
-102
| -0.2% | -$5.73K |
|
342
Camden Property Trust
CPT
$11B
| $3.16M | 0.01% |
37,637
+7,100
| +23% | +$564K |
|
343
Ironwood Pharmaceuticals
IRWD
$696M
| $3.1M | 0.01% |
242,203
-47,282
| -16% | -$597K |
|
344
Independent Bank
INDB
$3.99B
| $2.99M | 0.01% |
42,392
-3,527
| -8% | -$216K |
|
345
OraSure Technologies
OSUR
$279M
| $2.98M | 0.01% |
338,964
-284,694
| -46% | -$2.35M |
|
346
Anika Therapeutics
ANIK
$258M
| $2.9M | 0.01% |
59,234
-34,481
| -37% | -$1.59M |
|
347
Eagle Bancorp
EGBN
$846M
| $2.79M | ﹤0.01% |
45,839
-4,630
| -9% | -$254K |
|
|
SFBS
348
ServisFirst Bancshares
SFBS
$4.89B
| $2.75M | ﹤0.01% |
73,516
-49,966
| -40% | -$1.58M |
|
|
GWB
349
DELISTED
Great Western Bancorp, Inc.
GWB
| $2.72M | ﹤0.01% |
62,398
-47,696
| -43% | -$1.78M |
|
350
Shinhan Financial Group
SHG
$32.8B
| $2.68M | ﹤0.01% |
71,290
-201
| -0.3% | -$7.66K |
|
Similar funds
Ken Fisher's Q4 2016 Portfolio in Review
As of Q4 2016, Ken Fisher held 837 positions worth $57.4B, up 2% from $56.3B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Ken Fisher's Q4 2016 filing shows 61 new, 208 increased, 401 reduced and 54 closed positions. Its largest new stake was Barclays ETN+ FI Enhanced Europe 50 ETN Series B: 174,286 shares worth $18.7M. The largest sale was FI Enhanced Global High Yield Exchange Traded Notes, an estimated $315M.
By sector, the portfolio is most concentrated in Financials at 20% of assets, up from 17% a quarter earlier, followed by Technology and Healthcare.
- Ken Fisher's largest Q4 2016 buy was Barclays ETN+ FI Enhanced Europe 50 ETN Series B: 174,286 shares worth $18.7M.
- Ken Fisher added most to UBS AG FI Enhanced Global High Yield ETN in Q4 2016, an estimated $353M increase.
- Ken Fisher's biggest Q4 2016 reduction was FI Enhanced Global High Yield Exchange Traded Notes, cutting an estimated $315M.
- Ken Fisher fully exited Cabela's Inc in Q4 2016, selling an estimated $56.7M.
- Ken Fisher's ten largest holdings make up 22% of its $57.4B portfolio in Q4 2016.
- Ken Fisher opened 61 new positions and closed 54 in Q4 2016.
- Ken Fisher's portfolio value rose 2% quarter-over-quarter to $57.4B.
Based on Fisher Asset Management's 13F filing for Q4 2016, filed 10 Jan 2017.