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 |
Alphabet (Google) Class A
GOOGL
|
+$702M |
| 2 |
CAA
CalAtlantic Group, Inc.
CAA
|
+$90.3M |
| 3 |
America Movil
AMX
|
+$71.3M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$62.1M |
| 5 |
Stratasys
SSYS
|
+$53.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class C
GOOG
|
+$671M |
| 2 |
RYL
RYLAND GROUP INC
RYL
|
+$90.9M |
| 3 |
PMCS
P M C SIERRA INC
PMCS
|
+$76.3M |
| 4 |
BMR
BIOMED REALTY TRUST INC
BMR
|
+$40.1M |
| 5 |
HPY
HEARTLAND PAYMENT SYSTEMS, INC. COM STK
HPY
|
+$38.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.64% |
| 2 | Healthcare | 14.19% |
| 3 | Technology | 13.13% |
| 4 | Consumer Discretionary | 7.98% |
| 5 | Industrials | 6.61% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
351
Banc of California
BANC
$3.05B
| $3.6M | 0.01% |
246,510
+27,112
| +12% | +$374K |
|
352
Ethan Allen Interiors
ETD
$590M
| $3.58M | 0.01% |
128,628
+21,758
| +20% | +$607K |
|
353
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$22.9B
| $3.56M | 0.01% |
67,998
-1,554
| -2% | -$81.6K |
|
354
Check Point Software Technologies
CHKP
$12.6B
| $3.55M | 0.01% |
43,649
+26
| +0.1% | +$2.16K |
|
355
Paycom
PAYC
$7.82B
| $3.53M | 0.01% |
93,909
+9,125
| +11% | +$366K |
|
356
AMERISAFE
AMSF
$564M
| $3.53M | 0.01% |
69,315
+6,999
| +11% | +$367K |
|
357
Old Republic International
ORI
$10.5B
| $3.48M | 0.01% |
187,000
| – | – |
|
358
IBM
IBM
$215B
| $3.46M | 0.01% |
26,282
-3,397
| -11% | -$456K |
|
359
Ultrapar
UGP
$6.94B
| $3.44M | 0.01% |
451,690
+1,422
| +0.3% | +$12.2K |
|
360
Banco Santander
SAN
$205B
| $3.44M | 0.01% |
736,324
+8,333
| +1% | +$43.2K |
|
361
FormFactor
FORM
$8.54B
| $3.42M | 0.01% |
379,680
+84,018
| +28% | +$697K |
|
362
Banner Corp
BANR
$2.41B
| $3.41M | 0.01% |
74,431
+12,760
| +21% | +$631K |
|
363
Quanex
NX
$870M
| $3.41M | 0.01% |
163,384
+13,911
| +9% | +$269K |
|
|
WIBC
364
DELISTED
WILSHIRE BANCORP INC
WIBC
| $3.39M | 0.01% |
293,229
+69,013
| +31% | +$785K |
|
|
LOGM
365
DELISTED
LogMein, Inc.
LOGM
| $3.38M | 0.01% |
+50,300
| New | +$3.5M |
|
366
Viavi Solutions
VIAV
$9.32B
| $3.37M | 0.01% |
552,727
+999
| +0.2% | +$6.06K |
|
367
Vanguard Short-Term Corporate Bond ETF
VCSH
$44.6B
| $3.37M | 0.01% |
42,598
+32,584
| +325% | +$2.59M |
|
368
B&G Foods
BGS
$287M
| $3.35M | 0.01% |
95,711
+15,974
| +20% | +$577K |
|
|
COWN
369
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $3.35M | 0.01% |
218,440
+21,252
| +11% | +$368K |
|
|
LABL
370
DELISTED
Multi-Color Corp
LABL
| $3.31M | 0.01% |
55,264
+10,888
| +25% | +$749K |
|
|
FNBC
371
DELISTED
First NBC Bank Holding Company
FNBC
| $3.23M | 0.01% |
86,318
+16,840
| +24% | +$639K |
|
372
PetMed Express
PETS
$42.1M
| $3.21M | 0.01% |
187,116
+15,671
| +9% | +$263K |
|
373
Independent Bank
INDB
$4.06B
| $3.18M | 0.01% |
68,354
+7,793
| +13% | +$375K |
|
374
Merit Medical Systems
MMSI
$5.11B
| $3.18M | 0.01% |
170,987
+23,232
| +16% | +$467K |
|
375
American International
AIG
$41.6B
| $3.15M | 0.01% |
50,823
+19,817
| +64% | +$1.21M |
|
Similar funds
Ken Fisher's Q4 2015 Portfolio in Review
As of Q4 2015, Ken Fisher held 832 positions worth $51.9B, up 8.1% from $48B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Fisher's Q4 2015 filing shows 117 new, 382 increased, 189 reduced and 39 closed positions. Its largest new stake was Alphabet (Google) Class A: 18,980,280 shares worth $738M. The largest sale was Alphabet (Google) Class C, an estimated $671M.
By sector, the portfolio is most concentrated in Financials at 20% of assets, down from 20% a quarter earlier, followed by Healthcare and Technology.
- Ken Fisher's largest Q4 2015 buy was Alphabet (Google) Class A: 18,980,280 shares worth $738M.
- Ken Fisher added most to CalAtlantic Group, Inc. in Q4 2015, an estimated $90.3M increase.
- Ken Fisher's biggest Q4 2015 reduction was Alphabet (Google) Class C, cutting an estimated $671M.
- Ken Fisher fully exited RYLAND GROUP INC in Q4 2015, selling an estimated $90.9M.
- Ken Fisher's ten largest holdings make up 23% of its $51.9B portfolio in Q4 2015.
- Ken Fisher opened 117 new positions and closed 39 in Q4 2015.
- Ken Fisher's portfolio value rose 8.1% quarter-over-quarter to $51.9B.
Based on Fisher Asset Management's 13F filing for Q4 2015, filed 14 Jan 2016.