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
|
+$56.4M |
| 2 |
Chemed
CHE
|
+$53.8M |
| 3 |
FBGX
UBS AG FI Enhanced Large Cap Growth ETN
FBGX
|
+$53.1M |
| 4 |
Petrobras
PBR
|
+$52.7M |
| 5 |
FIEG
FI Enhanced Global High Yield Exchange Traded Notes
FIEG
|
+$34.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FMER
FIRSTMERIT CORP
FMER
|
+$58.7M |
| 2 |
FBG
UBS AG LONDON BRH FISHER ENHANCED BIG CAP GROWTH ETN
FBG
|
+$38.2M |
| 3 |
PL
PROTECTIVE LIFE CORP
PL
|
+$37.8M |
| 4 |
Sally Beauty Holdings
SBH
|
+$36.2M |
| 5 |
TSMC
TSM
|
+$35.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 20.26% |
| 2 | Healthcare | 14.53% |
| 3 | Technology | 12.41% |
| 4 | Industrials | 7.4% |
| 5 | Consumer Discretionary | 6.07% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
BRCD
351
DELISTED
Brocade Communications Systems, Inc. NEW
BRCD
| $880K | ﹤0.01% |
+81,000
| New | +$789K |
|
|
N
352
DELISTED
Netsuite Inc
N
| $859K | ﹤0.01% |
9,593
-10,588
| -52% | -$898K |
|
|
PETM
353
DELISTED
PETSMART INC
PETM
| $826K | ﹤0.01% |
+11,783
| New | +$820K |
|
354
Vanguard Short-Term Corporate Bond ETF
VCSH
$44.7B
| $793K | ﹤0.01% |
9,933
-345
| -3% | -$27.6K |
|
355
Shinhan Financial Group
SHG
$32.8B
| $779K | ﹤0.01% |
17,127
-5,192
| -23% | -$253K |
|
|
LOCK
356
DELISTED
LifeLock, Inc.
LOCK
| $759K | ﹤0.01% |
53,123
-51,400
| -49% | -$723K |
|
357
Caterpillar
CAT
$375B
| $742K | ﹤0.01% |
7,493
-693
| -8% | -$73.5K |
|
|
SHPG
358
DELISTED
Shire pic
SHPG
| $732K | ﹤0.01% |
2,827
-1,850
| -40% | -$459K |
|
359
Phillips 66
PSX
$84.9B
| $715K | ﹤0.01% |
8,796
+578
| +7% | +$48.1K |
|
360
Meta Platforms (Facebook)
META
$1.42T
| $699K | ﹤0.01% |
8,842
+4,706
| +114% | +$345K |
|
361
Lockheed Martin
LMT
$134B
| $693K | ﹤0.01% |
3,792
+102
| +3% | +$17.4K |
|
|
SPLK
362
DELISTED
Splunk Inc
SPLK
| $677K | ﹤0.01% |
12,235
-15,250
| -55% | -$759K |
|
|
WFM
363
DELISTED
Whole Foods Market Inc
WFM
| $670K | ﹤0.01% |
17,589
-12,011
| -41% | -$459K |
|
364
PPG Industries
PPG
$24.6B
| $644K | ﹤0.01% |
6,546
+214
| +3% | +$21.8K |
|
365
iShares TIPS Bond ETF
TIP
$14.5B
| $640K | ﹤0.01% |
5,713
-1,842
| -24% | -$211K |
|
366
Colgate-Palmolive
CL
$73.1B
| $631K | ﹤0.01% |
9,680
-38
| -0.4% | -$2.51K |
|
367
iShares Global Healthcare ETF
IXJ
$4.07B
| $627K | ﹤0.01% |
12,826
+926
| +8% | +$44.3K |
|
368
Moody's
MCO
$82.8B
| $622K | ﹤0.01% |
+6,580
| New | +$603K |
|
369
Williams-Sonoma
WSM
$26.9B
| $613K | ﹤0.01% |
18,406
+12,502
| +212% | +$433K |
|
|
IRBT
370
DELISTED
iRobot
IRBT
| $572K | ﹤0.01% |
18,790
-17,975
| -49% | -$616K |
|
371
Rio Tinto
RIO
$158B
| $560K | ﹤0.01% |
11,385
+860
| +8% | +$47.5K |
|
372
Rogers Communications
RCI
$18.3B
| $556K | ﹤0.01% |
14,855
-150
| -1% | -$5.95K |
|
|
CAM
373
DELISTED
CAMERON INTERNATIONAL CORPORATION
CAM
| $552K | ﹤0.01% |
8,314
+800
| +11% | +$56.7K |
|
374
Starbucks
SBUX
$120B
| $536K | ﹤0.01% |
14,210
-1,694
| -11% | -$65.5K |
|
375
Dover
DOV
$27.6B
| $528K | ﹤0.01% |
8,134
+328
| +4% | +$23.1K |
|
Similar funds
Ken Fisher's Q3 2014 Portfolio in Review
As of Q3 2014, Ken Fisher held 645 positions worth $46.9B, down 1.4% from $47.6B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Ken Fisher's Q3 2014 filing shows 47 new, 202 increased, 264 reduced and 61 closed positions. Its largest new stake was Chemed: 530,910 shares worth $54.6M. The largest sale was FIRSTMERIT CORP, an estimated $58.7M.
By sector, the portfolio is most concentrated in Financials at 20% of assets, up from 20% a quarter earlier, followed by Healthcare and Technology.
- Ken Fisher's largest Q3 2014 buy was Chemed: 530,910 shares worth $54.6M.
- Ken Fisher added most to iShares iBoxx $ Investment Grade Corporate Bond ETF in Q3 2014, an estimated $56.4M increase.
- Ken Fisher's biggest Q3 2014 reduction was FIRSTMERIT CORP, cutting an estimated $58.7M.
- Ken Fisher fully exited PROTECTIVE LIFE CORP in Q3 2014, selling an estimated $37.8M.
- Ken Fisher's ten largest holdings make up 22% of its $46.9B portfolio in Q3 2014.
- Ken Fisher opened 47 new positions and closed 61 in Q3 2014.
- Ken Fisher's portfolio value fell 1.4% quarter-over-quarter to $46.9B.
Based on Fisher Asset Management's 13F filing for Q3 2014, filed 20 Oct 2014.