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 |
Walmart Inc
WMT
|
+$323M |
| 2 |
JD.com
JD
|
+$141M |
| 3 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$90.2M |
| 4 |
America Movil
AMX
|
+$62.6M |
| 5 |
FIHD
UBS AG FI Enhanced Global High Yield ETN
FIHD
|
+$60.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$351M |
| 2 |
EMBJ
Embraer S.A. ADS
EMBJ
|
+$104M |
| 3 |
FEIC
FEI COMPANY
FEIC
|
+$39.1M |
| 4 |
FIGY
Barclays ETN+ FI Enhanced Global High Yield ETN
FIGY
|
+$36.1M |
| 5 |
FBGX
UBS AG FI Enhanced Large Cap Growth ETN
FBGX
|
+$28.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.08% |
| 2 | Healthcare | 14.41% |
| 3 | Technology | 13.36% |
| 4 | Consumer Discretionary | 8.06% |
| 5 | Industrials | 6.42% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
351
Paycom
PAYC
$7.53B
| $3.56M | 0.01% |
77,223
-16,686
| -18% | -$652K |
|
|
MDC
352
DELISTED
M.D.C. Holdings, Inc.
MDC
| $3.53M | 0.01% |
186,705
-19,945
| -10% | -$345K |
|
353
Advanced Energy
AEIS
$11B
| $3.51M | 0.01% |
90,519
-19,841
| -18% | -$710K |
|
354
Resources Connection
RGP
$147M
| $3.46M | 0.01% |
226,997
| – | – |
|
355
Ameris Bancorp
ABCB
$5.88B
| $3.45M | 0.01% |
114,733
-20,977
| -15% | -$641K |
|
356
Energizer
ENR
$1.44B
| $3.44M | 0.01% |
67,170
+12,200
| +22% | +$558K |
|
357
Southside Bancshares
SBSI
$960M
| $3.4M | 0.01% |
109,443
-14,700
| -12% | -$401K |
|
|
CONE
358
DELISTED
CyrusOne Inc Common Stock
CONE
| $3.39M | 0.01% |
61,700
-7,643
| -11% | -$368K |
|
359
FormFactor
FORM
$8.21B
| $3.37M | 0.01% |
347,069
| – | – |
|
360
Ericsson
ERIC
$32.1B
| $3.33M | 0.01% |
432,781
-2,285
| -0.5% | -$18.7K |
|
361
Eagle Bancorp
EGBN
$838M
| $3.32M | 0.01% |
67,787
-8,182
| -11% | -$402K |
|
362
Columbia Banking Systems
COLB
$8.84B
| $3.27M | 0.01% |
114,927
-13,841
| -11% | -$406K |
|
|
LOGM
363
DELISTED
LogMein, Inc.
LOGM
| $3.27M | 0.01% |
52,033
+1,633
| +3% | +$94.3K |
|
|
STMP
364
DELISTED
Stamps.com, Inc.
STMP
| $3.26M | 0.01% |
41,176
| – | – |
|
365
Central Pacific Financial
CPF
$1.02B
| $3.22M | 0.01% |
133,901
-17,686
| -12% | -$403K |
|
366
IBM
IBM
$209B
| $3.22M | 0.01% |
21,667
-1,698
| -7% | -$243K |
|
367
Semtech
SMTC
$10.7B
| $3.22M | 0.01% |
132,055
-15,226
| -10% | -$346K |
|
368
Ironwood Pharmaceuticals
IRWD
$614M
| $3.21M | 0.01% |
289,485
+8,089
| +3% | +$79K |
|
369
M/I Homes
MHO
$3.87B
| $3.21M | 0.01% |
159,541
-17,258
| -10% | -$325K |
|
370
Quanex
NX
$818M
| $3.2M | 0.01% |
157,421
-19,168
| -11% | -$358K |
|
371
Renasant Corp
RNST
$3.96B
| $3.19M | 0.01% |
95,582
-11,910
| -11% | -$396K |
|
|
NSA
372
DELISTED
National Storage Affiliates Trust
NSA
| $3.17M | 0.01% |
142,123
-28,678
| -17% | -$596K |
|
|
LABL
373
DELISTED
Multi-Color Corp
LABL
| $3.17M | 0.01% |
48,979
-6,285
| -11% | -$372K |
|
374
MYR Group
MYRG
$5.15B
| $3.05M | 0.01% |
120,217
| – | – |
|
375
Anika Therapeutics
ANIK
$240M
| $3.05M | 0.01% |
57,719
| – | – |
|
Similar funds
Ken Fisher's Q2 2016 Portfolio in Review
As of Q2 2016, Ken Fisher held 787 positions worth $53.9B, up 2.4% from $52.6B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Fisher's Q2 2016 filing shows 43 new, 284 increased, 281 reduced and 42 closed positions. Its largest new stake was DST Systems Inc.: 280,332 shares worth $16.9M. The largest sale was Amazon, an estimated $351M.
By sector, the portfolio is most concentrated in Financials at 17% of assets, down from 18% a quarter earlier, followed by Healthcare and Technology.
- Ken Fisher's largest Q2 2016 buy was DST Systems Inc.: 280,332 shares worth $16.9M.
- Ken Fisher added most to Walmart Inc in Q2 2016, an estimated $323M increase.
- Ken Fisher's biggest Q2 2016 reduction was Amazon, cutting an estimated $351M.
- Ken Fisher fully exited Embraer S.A. ADS in Q2 2016, selling an estimated $104M.
- Ken Fisher's ten largest holdings make up 23% of its $53.9B portfolio in Q2 2016.
- Ken Fisher opened 43 new positions and closed 42 in Q2 2016.
- Ken Fisher's portfolio value rose 2.4% quarter-over-quarter to $53.9B.
Based on Fisher Asset Management's 13F filing for Q2 2016, filed 12 Jul 2016.