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 |
UBS Group
UBS
|
+$423M |
| 2 |
CS
Credit Suisse Group
CS
|
+$261M |
| 3 |
Barclays
BCS
|
+$240M |
| 4 |
ABB
ABB Ltd
ABB
|
+$161M |
| 5 |
Trip.com Group
TCOM
|
+$113M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Lloyds Banking Group
LYG
|
+$230M |
| 2 |
SI
SIEMENS AKTIENGESELLSCHAFT ADS
SI
|
+$162M |
| 3 |
BF
BASF AKTIENGESELLT ADS(RP1 ORD
BF
|
+$84M |
| 4 |
BHP
BHP
|
+$60.3M |
| 5 |
SUSQ
SUSQUEHANNA BANCSHARES INC
SUSQ
|
+$42.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 21.7% |
| 2 | Healthcare | 13.73% |
| 3 | Technology | 13.21% |
| 4 | Industrials | 7.16% |
| 5 | Consumer Discretionary | 6.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
ALJ
351
DELISTED
Alon USA Energy Inc
ALJ
| $1.28M | ﹤0.01% |
100,700
| – | – |
|
|
AGN
352
DELISTED
Allergan Inc
AGN
| $1.27M | ﹤0.01% |
5,972
-43
| -0.7% | -$8.55K |
|
353
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$7.07B
| $1.26M | ﹤0.01% |
10,890
-31
| -0.3% | -$3.68K |
|
|
DHC
354
Diversified Healthcare Trust
DHC
$2.15B
| $1.25M | ﹤0.01% |
57,241
+8,103
| +16% | +$178K |
|
355
Booking.com
BKNG
$149B
| $1.18M | ﹤0.01% |
25,950
+1,375
| +6% | +$62.1K |
|
356
Franklin Resources
BEN
$17.6B
| $1.18M | ﹤0.01% |
21,315
-1,176
| -5% | -$65K |
|
357
Incyte
INCY
$24.2B
| $1.09M | ﹤0.01% |
14,870
+7,325
| +97% | +$479K |
|
358
American International
AIG
$41.7B
| $1.04M | ﹤0.01% |
18,495
-14,899
| -45% | -$799K |
|
359
ServiceNow
NOW
$115B
| $1.03M | ﹤0.01% |
+76,000
| New | +$967K |
|
|
N
360
DELISTED
Netsuite Inc
N
| $1.03M | ﹤0.01% |
9,441
-152
| -2% | -$15.5K |
|
|
WFM
361
DELISTED
Whole Foods Market Inc
WFM
| $1.03M | ﹤0.01% |
20,360
+2,771
| +16% | +$122K |
|
|
SPLK
362
DELISTED
Splunk Inc
SPLK
| $968K | ﹤0.01% |
16,422
+4,187
| +34% | +$257K |
|
|
GLF
363
DELISTED
GulfMark Offshore, Inc. Common Stock
GLF
| $879K | ﹤0.01% |
36,000
-2,200
| -6% | -$61.3K |
|
364
ConocoPhillips
COP
$147B
| $870K | ﹤0.01% |
12,603
-649
| -5% | -$45.3K |
|
|
APC
365
DELISTED
Anadarko Petroleum
APC
| $865K | ﹤0.01% |
10,487
+25
| +0.2% | +$2.18K |
|
366
Occidental Petroleum
OXY
$56.8B
| $796K | ﹤0.01% |
9,895
-1,940
| -16% | -$161K |
|
367
CSX Corp
CSX
$93.4B
| $779K | ﹤0.01% |
64,509
+29,682
| +85% | +$348K |
|
368
Meta Platforms (Facebook)
META
$1.42T
| $766K | ﹤0.01% |
9,812
+970
| +11% | +$74.2K |
|
369
Lockheed Martin
LMT
$134B
| $730K | ﹤0.01% |
3,790
-2
| -0.1% | -$371 |
|
370
Colgate-Palmolive
CL
$73.1B
| $716K | ﹤0.01% |
10,354
+674
| +7% | +$45.5K |
|
371
Vanguard Short-Term Corporate Bond ETF
VCSH
$44.7B
| $710K | ﹤0.01% |
8,909
-1,024
| -10% | -$81.9K |
|
372
iShares Global Healthcare ETF
IXJ
$4.07B
| $702K | ﹤0.01% |
14,110
+1,284
| +10% | +$63.8K |
|
373
Shinhan Financial Group
SHG
$32.8B
| $692K | ﹤0.01% |
17,127
| – | – |
|
374
Caterpillar
CAT
$375B
| $677K | ﹤0.01% |
7,395
-98
| -1% | -$9.54K |
|
375
HP
HPQ
$24.9B
| $671K | ﹤0.01% |
36,802
+7,903
| +27% | +$132K |
|
Similar funds
Ken Fisher's Q4 2014 Portfolio in Review
As of Q4 2014, Ken Fisher held 664 positions worth $48.4B, up 3.1% from $46.9B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Ken Fisher's Q4 2014 filing shows 80 new, 228 increased, 245 reduced and 44 closed positions. Its largest new stake was UBS Group: 24,721,456 shares worth $422M. The largest sale was Lloyds Banking Group, an estimated $230M.
By sector, the portfolio is most concentrated in Financials at 22% of assets, up from 20% a quarter earlier, followed by Healthcare and Technology.
- Ken Fisher's largest Q4 2014 buy was UBS Group: 24,721,456 shares worth $422M.
- Ken Fisher added most to Credit Suisse Group in Q4 2014, an estimated $261M increase.
- Ken Fisher's biggest Q4 2014 reduction was Lloyds Banking Group, cutting an estimated $230M.
- Ken Fisher fully exited SUSQUEHANNA BANCSHARES INC in Q4 2014, selling an estimated $42.8M.
- Ken Fisher's ten largest holdings make up 22% of its $48.4B portfolio in Q4 2014.
- Ken Fisher opened 80 new positions and closed 44 in Q4 2014.
- Ken Fisher's portfolio value rose 3.1% quarter-over-quarter to $48.4B.
Based on Fisher Asset Management's 13F filing for Q4 2014, filed 29 Jan 2015.