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 iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$607M |
| 2 |
Vodafone
VOD
|
+$318M |
| 3 |
SI
SIEMENS AKTIENGESELLSCHAFT ADS
SI
|
+$267M |
| 4 |
Alibaba
BABA
|
+$228M |
| 5 |
Itaú Unibanco
ITUB
|
+$137M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
|
+$545M |
| 2 |
GE Aerospace
GE
|
+$284M |
| 3 |
NXP Semiconductors
NXPI
|
+$121M |
| 4 |
MENT
Mentor Graphics Corp
MENT
|
+$63.3M |
| 5 |
Heartland Express
HTLD
|
+$45.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.45% |
| 2 | Technology | 14.38% |
| 3 | Healthcare | 12.14% |
| 4 | Consumer Discretionary | 8.49% |
| 5 | Communication Services | 7.31% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
326
iShares Europe ETF
IEV
$1.68B
| $4.93M | 0.01% |
117,802
-8,998
| -7% | -$363K |
|
327
ICU Medical
ICUI
$4.21B
| $4.73M | 0.01% |
31,000
| – | – |
|
328
Piper Sandler
PIPR
$5.15B
| $4.48M | 0.01% |
280,384
+92,392
| +49% | +$1.64M |
|
329
Affiliated Managers Group
AMG
$9.65B
| $4.47M | 0.01% |
27,298
-3,100
| -10% | -$491K |
|
330
Check Point Software Technologies
CHKP
$13.1B
| $4.34M | 0.01% |
42,300
| – | – |
|
331
Energizer
ENR
$1.44B
| $4.28M | 0.01% |
76,808
-10,000
| -12% | -$527K |
|
332
Huazhu Hotels Group
HTHT
$13B
| $4.09M | 0.01% |
263,748
| – | – |
|
|
GWB
333
DELISTED
Great Western Bancorp, Inc.
GWB
| $3.98M | 0.01% |
93,855
+31,457
| +50% | +$1.35M |
|
334
Ameris Bancorp
ABCB
$5.88B
| $3.81M | 0.01% |
82,669
+34,578
| +72% | +$1.58M |
|
|
SFBS
335
ServisFirst Bancshares
SFBS
$4.88B
| $3.75M | 0.01% |
103,117
+29,601
| +40% | +$1.16M |
|
336
Eagle Bancorp
EGBN
$838M
| $3.71M | 0.01% |
62,098
+16,259
| +35% | +$986K |
|
|
WRI
337
DELISTED
Weingarten Realty Investors
WRI
| $3.56M | 0.01% |
106,723
-19,600
| -16% | -$684K |
|
338
Hyster-Yale Materials Handling
HY
$600M
| $3.52M | 0.01% |
62,369
-8,000
| -11% | -$485K |
|
339
IBM
IBM
$209B
| $3.51M | 0.01% |
21,103
-656
| -3% | -$110K |
|
340
Merit Medical Systems
MMSI
$4.97B
| $3.5M | 0.01% |
121,240
+41,119
| +51% | +$1.15M |
|
341
Independent Bank
INDB
$4.02B
| $3.47M | 0.01% |
53,340
+10,948
| +26% | +$706K |
|
342
Ironwood Pharmaceuticals
IRWD
$614M
| $3.46M | 0.01% |
242,203
| – | – |
|
343
Toyota
TM
$227B
| $3.43M | 0.01% |
31,571
-10,239
| -24% | -$1.18M |
|
|
RDS.A
344
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $3.43M | 0.01% |
65,004
-12,425
| -16% | -$665K |
|
345
FormFactor
FORM
$8.21B
| $3.4M | 0.01% |
286,532
+96,336
| +51% | +$1.12M |
|
|
CHL
346
DELISTED
China Mobile Limited
CHL
| $3.34M | 0.01% |
60,468
-1,408
| -2% | -$78.6K |
|
347
Vipshop
VIPS
$7.3B
| $3.21M | 0.01% |
240,742
-900
| -0.4% | -$11.1K |
|
|
CCMP
348
DELISTED
CMC Materials, Inc. Common Stock
CCMP
| $3.12M | 0.01% |
+40,755
| New | +$2.8M |
|
|
LPT
349
DELISTED
Liberty Property Trust
LPT
| $3.05M | ﹤0.01% |
79,180
-18,281
| -19% | -$714K |
|
350
Anika Therapeutics
ANIK
$242M
| $3.05M | ﹤0.01% |
70,153
+10,919
| +18% | +$521K |
|
Similar funds
Ken Fisher's Q1 2017 Portfolio in Review
As of Q1 2017, Ken Fisher held 865 positions worth $62.4B, up 8.7% from $57.4B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Ken Fisher's Q1 2017 filing shows 82 new, 252 increased, 334 reduced and 92 closed positions. Its largest new stake was Vodafone: 12,420,913 shares worth $328M. The largest sale was State Street SPDR Portfolio Short Term Corporate Bond ETF, an estimated $545M.
By sector, the portfolio is most concentrated in Financials at 19% of assets, down from 20% a quarter earlier, followed by Technology and Healthcare.
- Ken Fisher's largest Q1 2017 buy was Vodafone: 12,420,913 shares worth $328M.
- Ken Fisher added most to iShares iBoxx $ Investment Grade Corporate Bond ETF in Q1 2017, an estimated $607M increase.
- Ken Fisher's biggest Q1 2017 reduction was State Street SPDR Portfolio Short Term Corporate Bond ETF, cutting an estimated $545M.
- Ken Fisher fully exited NXP Semiconductors in Q1 2017, selling an estimated $121M.
- Ken Fisher's ten largest holdings make up 24% of its $62.4B portfolio in Q1 2017.
- Ken Fisher opened 82 new positions and closed 92 in Q1 2017.
- Ken Fisher's portfolio value rose 8.7% quarter-over-quarter to $62.4B.
Based on Fisher Asset Management's 13F filing for Q1 2017, filed 25 Apr 2017.