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 |
AB InBev
BUD
|
+$543M |
| 2 |
ExxonMobil
XOM
|
+$75.8M |
| 3 |
Trip.com Group
TCOM
|
+$57M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$56.8M |
| 5 |
Alibaba
BABA
|
+$52.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Toyota
TM
|
+$571M |
| 2 |
Chevron
CVX
|
+$76.5M |
| 3 |
SFG
STANCORP FINL GRP
SFG
|
+$39.1M |
| 4 |
NVO
Novo Nordisk
NVO
|
+$36.4M |
| 5 |
Gilead Sciences
GILD
|
+$25.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 20.2% |
| 2 | Healthcare | 14.84% |
| 3 | Technology | 13.02% |
| 4 | Consumer Discretionary | 7.11% |
| 5 | Industrials | 6.4% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
351
Old Republic International
ORI
$10.6B
| $2.92M | 0.01% |
+187,000
| New | +$3M |
|
352
B&G Foods
BGS
$290M
| $2.91M | 0.01% |
+79,737
| New | +$2.51M |
|
353
Diageo
DEO
$49.2B
| $2.89M | 0.01% |
26,830
+1,026
| +4% | +$114K |
|
354
Eagle Bancorp
EGBN
$849M
| $2.89M | 0.01% |
+63,546
| New | +$2.79M |
|
355
Resources Connection
RGP
$153M
| $2.88M | 0.01% |
+191,093
| New | +$3.03M |
|
356
First Merchants
FRME
$2.71B
| $2.88M | 0.01% |
+109,646
| New | +$2.83M |
|
|
MCHB
357
Mechanics Bancorp
MCHB
$3.77B
| $2.85M | 0.01% |
+123,168
| New | +$2.78M |
|
|
CYNO
358
DELISTED
Cynosure, Inc. Class A
CYNO
| $2.84M | 0.01% |
+94,601
| New | +$3.4M |
|
359
Williams-Sonoma
WSM
$28.2B
| $2.84M | 0.01% |
74,406
+14,600
| +24% | +$594K |
|
360
Installed Building Products
IBP
$6.15B
| $2.83M | 0.01% |
+111,916
| New | +$3.02M |
|
|
LM
361
DELISTED
Legg Mason, Inc.
LM
| $2.83M | 0.01% |
67,999
| – | – |
|
362
Ethan Allen Interiors
ETD
$598M
| $2.82M | 0.01% |
+106,870
| New | +$3.13M |
|
363
Altria Group
MO
$114B
| $2.8M | 0.01% |
51,532
+701
| +1% | +$37.6K |
|
364
Independent Bank
INDB
$4.05B
| $2.79M | 0.01% |
+60,561
| New | +$2.83M |
|
|
SCLN
365
DELISTED
Sciclone Pharmaceuticals Inc
SCLN
| $2.77M | 0.01% |
+398,426
| New | +$3.41M |
|
366
PetMed Express
PETS
$42.3M
| $2.76M | 0.01% |
+171,445
| New | +$2.87M |
|
|
SPNE
367
DELISTED
SeaSpine Holdings Corporation Common Stock
SPNE
| $2.75M | 0.01% |
+169,780
| New | +$2.77M |
|
368
Quanex
NX
$883M
| $2.72M | 0.01% |
+149,473
| New | +$2.93M |
|
369
Amphastar Pharmaceuticals
AMPH
$892M
| $2.71M | 0.01% |
+231,862
| New | +$3.48M |
|
370
Banc of California
BANC
$3.05B
| $2.69M | 0.01% |
+219,398
| New | +$2.8M |
|
371
Central Pacific Financial
CPF
$1.02B
| $2.69M | 0.01% |
+128,177
| New | +$2.82M |
|
372
MYR Group
MYRG
$5.26B
| $2.65M | 0.01% |
+100,952
| New | +$2.91M |
|
|
ADPT
373
DELISTED
Adeptus Health Inc
ADPT
| $2.64M | 0.01% |
+32,687
| New | +$3.37M |
|
374
Werner Enterprises
WERN
$2.23B
| $2.64M | 0.01% |
+105,062
| New | +$2.87M |
|
375
Entravision Communication
EVC
$1.02B
| $2.63M | 0.01% |
+396,195
| New | +$3.02M |
|
Similar funds
Ken Fisher's Q3 2015 Portfolio in Review
As of Q3 2015, Ken Fisher held 777 positions worth $48B, down 6.7% from $51.4B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Fisher's Q3 2015 filing shows 146 new, 253 increased, 242 reduced and 62 closed positions. Its largest new stake was First American: 571,175 shares worth $22.3M. The largest sale was Toyota, an estimated $571M.
By sector, the portfolio is most concentrated in Financials at 20% of assets, down from 21% a quarter earlier, followed by Healthcare and Technology.
- Ken Fisher's largest Q3 2015 buy was First American: 571,175 shares worth $22.3M.
- Ken Fisher added most to AB InBev in Q3 2015, an estimated $543M increase.
- Ken Fisher's biggest Q3 2015 reduction was Toyota, cutting an estimated $571M.
- Ken Fisher fully exited STANCORP FINL GRP in Q3 2015, selling an estimated $39.1M.
- Ken Fisher's ten largest holdings make up 23% of its $48B portfolio in Q3 2015.
- Ken Fisher opened 146 new positions and closed 62 in Q3 2015.
- Ken Fisher's portfolio value fell 6.7% quarter-over-quarter to $48B.
Based on Fisher Asset Management's 13F filing for Q3 2015, filed 20 Oct 2015.