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 |
BAY
BAYER AG SPONS ADR
BAY
|
+$294M |
| 2 |
Alibaba
BABA
|
+$112M |
| 3 |
Infosys
INFY
|
+$57.7M |
| 4 |
HDFC Bank
HDB
|
+$57.1M |
| 5 |
TTM
Tata Motors Limited
TTM
|
+$49.1M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Royal Bank of Canada
RY
|
+$428M |
| 2 |
BHP
BHP
|
+$107M |
| 3 |
Rio Tinto
RIO
|
+$55.7M |
| 4 |
Qorvo
QRVO
|
+$52.2M |
| 5 |
OUTR
OUTERWALL INC
OUTR
|
+$43.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 20.5% |
| 2 | Healthcare | 14.68% |
| 3 | Technology | 13.07% |
| 4 | Consumer Discretionary | 7.61% |
| 5 | Industrials | 6.7% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
351
State Street SPDR S&P 500 ETF Trust
SPY
$790B
| $1.2M | ﹤0.01% |
5,846
-1,028
| -15% | -$216K |
|
352
McDonald's
MCD
$192B
| $1.16M | ﹤0.01% |
12,220
-3,199
| -21% | -$309K |
|
353
VanEck Vietnam ETF
VNM
$491M
| $1.16M | ﹤0.01% |
+62,000
| New | +$1.1M |
|
|
354
Rio Tinto
RIO
$158B
| $1.15M | ﹤0.01% |
27,984
-1,268,914
| -98% | -$55.7M |
|
355
iShares Russell 2000 Value ETF
IWN
$14.3B
| $1.15M | ﹤0.01% |
11,260
-22
| -0.2% | -$2.27K |
|
|
SPLK
356
DELISTED
Splunk Inc
SPLK
| $1.14M | ﹤0.01% |
16,422
| – | – |
|
357
ServiceNow
NOW
$115B
| $1.14M | ﹤0.01% |
76,500
| – | – |
|
358
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$7.07B
| $1.13M | ﹤0.01% |
9,786
-1,004
| -9% | -$118K |
|
|
AGN
359
DELISTED
Allergan plc
AGN
| $1.09M | ﹤0.01% |
3,580
+347
| +11% | +$103K |
|
360
Franklin Resources
BEN
$17.6B
| $1.06M | ﹤0.01% |
21,580
+265
| +1% | +$13.6K |
|
361
Vanguard S&P 500 ETF
VOO
$979B
| $1.05M | ﹤0.01% |
5,565
+1,142
| +26% | +$220K |
|
362
Telkom Indonesia
TLK
$14.5B
| $1M | ﹤0.01% |
46,136
+1,396
| +3% | +$30.1K |
|
|
DHC
363
Diversified Healthcare Trust
DHC
$2.15B
| $995K | ﹤0.01% |
57,210
-202
| -0.4% | -$4K |
|
|
ACC
364
DELISTED
American Campus Communities, Inc.
ACC
| $971K | ﹤0.01% |
25,755
-8,295
| -24% | -$332K |
|
365
Fluor
FLR
$7.01B
| $930K | ﹤0.01% |
17,550
-5,850
| -25% | -$338K |
|
366
Booking.com
BKNG
$149B
| $893K | ﹤0.01% |
19,400
-75
| -0.4% | -$3.58K |
|
|
N
367
DELISTED
Netsuite Inc
N
| $866K | ﹤0.01% |
9,441
| – | – |
|
368
iShares Global Financials ETF
IXG
$678M
| $828K | ﹤0.01% |
+14,452
| New | +$852K |
|
|
APC
369
DELISTED
Anadarko Petroleum
APC
| $821K | ﹤0.01% |
10,512
-75
| -0.7% | -$6.49K |
|
370
ConocoPhillips
COP
$147B
| $782K | ﹤0.01% |
12,726
+2,170
| +21% | +$141K |
|
371
Starbucks
SBUX
$120B
| $769K | ﹤0.01% |
14,334
-990
| -6% | -$50.2K |
|
372
Vanguard Short-Term Corporate Bond ETF
VCSH
$44.7B
| $757K | ﹤0.01% |
9,512
-415
| -4% | -$33.2K |
|
373
Caterpillar
CAT
$375B
| $743K | ﹤0.01% |
8,755
+1,316
| +18% | +$113K |
|
374
Abbott
ABT
$183B
| $736K | ﹤0.01% |
14,994
+1,899
| +15% | +$91.2K |
|
375
iShares Global Healthcare ETF
IXJ
$4.07B
| $726K | ﹤0.01% |
13,356
+1,118
| +9% | +$61.5K |
|
Similar funds
Ken Fisher's Q2 2015 Portfolio in Review
As of Q2 2015, Ken Fisher held 665 positions worth $51.4B, up 2.8% from $50B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Ken Fisher's Q2 2015 filing shows 61 new, 277 increased, 210 reduced and 34 closed positions. Its largest new stake was Alibaba: 1,306,608 shares worth $107M. The largest sale was Royal Bank of Canada, an estimated $428M.
By sector, the portfolio is most concentrated in Financials at 21% of assets, up from 20% a quarter earlier, followed by Healthcare and Technology.
- Ken Fisher's largest Q2 2015 buy was Alibaba: 1,306,608 shares worth $107M.
- Ken Fisher added most to BAYER AG SPONS ADR in Q2 2015, an estimated $294M increase.
- Ken Fisher's biggest Q2 2015 reduction was Royal Bank of Canada, cutting an estimated $428M.
- Ken Fisher fully exited OUTERWALL INC in Q2 2015, selling an estimated $43.9M.
- Ken Fisher's ten largest holdings make up 22% of its $51.4B portfolio in Q2 2015.
- Ken Fisher opened 61 new positions and closed 34 in Q2 2015.
- Ken Fisher's portfolio value rose 2.8% quarter-over-quarter to $51.4B.
Based on Fisher Asset Management's 13F filing for Q2 2015, filed 17 Jul 2015.