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 |
FIEE
FI Enhanced Europe 50 ETN
FIEE
|
+$334M |
| 2 |
Goldman Sachs
GS
|
+$280M |
| 3 |
Capital One
COF
|
+$81.6M |
| 4 |
NXP Semiconductors
NXPI
|
+$78.2M |
| 5 |
Lloyds Banking Group
LYG
|
+$70.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FEEU
Barclays ETN+ FI Enhanced Europe 50 ETN
FEEU
|
+$267M |
| 2 |
Citigroup
C
|
+$175M |
| 3 |
Bank of America
BAC
|
+$112M |
| 4 |
CS
Credit Suisse Group
CS
|
+$109M |
| 5 |
American Express
AXP
|
+$77.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.39% |
| 2 | Technology | 14.47% |
| 3 | Healthcare | 13.22% |
| 4 | Consumer Discretionary | 8.36% |
| 5 | Industrials | 6.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
351
Ameris Bancorp
ABCB
$5.85B
| $3.07M | 0.01% |
87,724
-27,009
| -24% | -$900K |
|
|
FCB
352
DELISTED
FCB Financial Holdings, Inc.
FCB
| $3.04M | 0.01% |
79,229
-24,252
| -23% | -$895K |
|
353
Ericsson
ERIC
$32.2B
| $3.04M | 0.01% |
421,833
-10,948
| -3% | -$79.4K |
|
354
Marriott International
MAR
$98.3B
| $3.02M | 0.01% |
44,926
+41,149
| +1,089% | +$2.9M |
|
|
CWEI
355
DELISTED
Clayton Williams Energy, Inc.
CWEI
| $3.02M | 0.01% |
35,364
-13,617
| -28% | -$745K |
|
356
B&G Foods
BGS
$287M
| $3M | 0.01% |
61,077
-18,824
| -24% | -$905K |
|
357
Huazhu Hotels Group
HTHT
$13.1B
| $2.97M | 0.01% |
+263,748
| New | +$2.76M |
|
|
STMP
358
DELISTED
Stamps.com, Inc.
STMP
| $2.96M | 0.01% |
31,288
-9,888
| -24% | -$857K |
|
359
Banc of California
BANC
$3.03B
| $2.94M | 0.01% |
168,168
-56,632
| -25% | -$1.18M |
|
360
CVB Financial
CVBF
$3.94B
| $2.9M | 0.01% |
164,524
-52,065
| -24% | -$886K |
|
361
Diageo
DEO
$49B
| $2.88M | 0.01% |
24,800
-1,530
| -6% | -$175K |
|
362
M/I Homes
MHO
$3.74B
| $2.85M | 0.01% |
121,026
-38,515
| -24% | -$852K |
|
363
Columbia Banking Systems
COLB
$8.84B
| $2.85M | 0.01% |
87,094
-27,833
| -24% | -$870K |
|
364
Banco Santander
SAN
$201B
| $2.84M | 0.01% |
672,939
-49,016
| -7% | -$200K |
|
365
FormFactor
FORM
$8.28B
| $2.84M | 0.01% |
261,647
-85,422
| -25% | -$860K |
|
366
Lumentum
LITE
$55.5B
| $2.82M | 0.01% |
67,437
-16,200
| -19% | -$533K |
|
367
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23B
| $2.81M | 0.01% |
53,112
-610
| -1% | -$32.3K |
|
368
Semtech
SMTC
$11B
| $2.75M | ﹤0.01% |
98,987
-33,068
| -25% | -$852K |
|
369
AMERISAFE
AMSF
$543M
| $2.74M | ﹤0.01% |
46,677
-11,383
| -20% | -$676K |
|
370
Vanguard FTSE Developed Markets ETF
VEA
$229B
| $2.73M | ﹤0.01% |
72,983
+3,937
| +6% | +$145K |
|
371
Installed Building Products
IBP
$6.01B
| $2.72M | ﹤0.01% |
75,775
-25,188
| -25% | -$876K |
|
372
MYR Group
MYRG
$5.19B
| $2.71M | ﹤0.01% |
90,210
-30,007
| -25% | -$821K |
|
|
BFX
373
DELISTED
BowFlex Inc.
BFX
| $2.69M | ﹤0.01% |
118,385
-26,613
| -18% | -$567K |
|
374
Comfort Systems
FIX
$60.9B
| $2.66M | ﹤0.01% |
90,622
-28,128
| -24% | -$836K |
|
375
Ethan Allen Interiors
ETD
$570M
| $2.63M | ﹤0.01% |
83,940
-25,252
| -23% | -$856K |
|
Similar funds
Ken Fisher's Q3 2016 Portfolio in Review
As of Q3 2016, Ken Fisher held 812 positions worth $56.3B, up 4.5% from $53.9B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Fisher's Q3 2016 filing shows 67 new, 303 increased, 278 reduced and 36 closed positions. Its largest new stake was iShares Europe ETF: 130,527 shares worth $5.14M. The largest sale was Barclays ETN+ FI Enhanced Europe 50 ETN, an estimated $267M.
By sector, the portfolio is most concentrated in Financials at 17% of assets, up from 17% a quarter earlier, followed by Technology and Healthcare.
- Ken Fisher's largest Q3 2016 buy was iShares Europe ETF: 130,527 shares worth $5.14M.
- Ken Fisher added most to FI Enhanced Europe 50 ETN in Q3 2016, an estimated $334M increase.
- Ken Fisher's biggest Q3 2016 reduction was Barclays ETN+ FI Enhanced Europe 50 ETN, cutting an estimated $267M.
- Ken Fisher fully exited PrivateBancorp Inc in Q3 2016, selling an estimated $61.3M.
- Ken Fisher's ten largest holdings make up 23% of its $56.3B portfolio in Q3 2016.
- Ken Fisher opened 67 new positions and closed 36 in Q3 2016.
- Ken Fisher's portfolio value rose 4.5% quarter-over-quarter to $56.3B.
Based on Fisher Asset Management's 13F filing for Q3 2016, filed 11 Oct 2016.