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 |
FIHD
UBS AG FI Enhanced Global High Yield ETN
FIHD
|
+$353M |
| 2 |
Televisa
TV
|
+$92.4M |
| 3 |
FLGE
Credit Suisse FI Large Cap Growth Enhanced Exchange Traded Notes
FLGE
|
+$38.2M |
| 4 |
DST
DST Systems Inc.
DST
|
+$36.8M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$27M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FIEG
FI Enhanced Global High Yield Exchange Traded Notes
FIEG
|
+$315M |
| 2 |
CAB
Cabela's Inc
CAB
|
+$56.7M |
| 3 |
NXP Semiconductors
NXPI
|
+$48.7M |
| 4 |
TSMC
TSM
|
+$24.7M |
| 5 |
FIGY
Barclays ETN+ FI Enhanced Global High Yield ETN
FIGY
|
+$23.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.9% |
| 2 | Technology | 14.05% |
| 3 | Healthcare | 12.4% |
| 4 | Consumer Discretionary | 7.69% |
| 5 | Industrials | 6.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
351
Vipshop
VIPS
$7.37B
| $2.66M | ﹤0.01% |
241,642
+900
| +0.4% | +$11.6K |
|
352
Lumentum
LITE
$55.5B
| $2.61M | ﹤0.01% |
67,437
| – | – |
|
|
DHC
353
Diversified Healthcare Trust
DHC
$2.15B
| $2.6M | ﹤0.01% |
137,400
| – | – |
|
354
State Street SPDR Portfolio Mortgage Backed Bond ETF
SPMB
$6.95B
| $2.59M | ﹤0.01% |
98,504
+59,096
| +150% | +$1.57M |
|
355
Banco Santander
SAN
$201B
| $2.55M | ﹤0.01% |
513,832
-159,107
| -24% | -$724K |
|
|
CWEI
356
DELISTED
Clayton Williams Energy, Inc.
CWEI
| $2.54M | ﹤0.01% |
21,299
-14,065
| -40% | -$1.41M |
|
357
CF Industries
CF
$19.2B
| $2.54M | ﹤0.01% |
80,619
-1,663
| -2% | -$44.7K |
|
|
ALJ
358
DELISTED
Alon USA Energy Inc
ALJ
| $2.42M | ﹤0.01% |
212,800
| – | – |
|
359
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23B
| $2.41M | ﹤0.01% |
45,908
-7,204
| -14% | -$379K |
|
360
State Street SPDR S&P Capital Markets ETF
KCE
$456M
| $2.4M | ﹤0.01% |
53,439
-43,981
| -45% | -$1.88M |
|
|
JOBS
361
DELISTED
51job Inc
JOBS
| $2.39M | ﹤0.01% |
70,637
| – | – |
|
362
LivaNova
LIVN
$4.4B
| $2.34M | ﹤0.01% |
52,000
| – | – |
|
363
General Dynamics
GD
$104B
| $2.3M | ﹤0.01% |
13,328
-312
| -2% | -$51K |
|
364
AT&T
T
$159B
| $2.25M | ﹤0.01% |
70,196
-2,403
| -3% | -$70.9K |
|
365
TechnipFMC
FTI
$28.1B
| $2.13M | ﹤0.01% |
80,700
-3,476
| -4% | -$87K |
|
366
FormFactor
FORM
$8.28B
| $2.13M | ﹤0.01% |
190,196
-71,451
| -27% | -$762K |
|
367
iShares MSCI ACWI ETF
ACWI
$32.9B
| $2.13M | ﹤0.01% |
35,954
+6,629
| +23% | +$389K |
|
368
Merit Medical Systems
MMSI
$5.08B
| $2.12M | ﹤0.01% |
80,121
-65,259
| -45% | -$1.58M |
|
369
Nike
NKE
$61.9B
| $2.11M | ﹤0.01% |
41,528
-772
| -2% | -$39.6K |
|
370
Columbia Banking Systems
COLB
$8.84B
| $2.11M | ﹤0.01% |
47,135
-39,959
| -46% | -$1.51M |
|
371
Ameris Bancorp
ABCB
$5.85B
| $2.1M | ﹤0.01% |
48,091
-39,633
| -45% | -$1.61M |
|
|
NSANY
372
DELISTED
NISSAN MOTOR CO LTD SPONS ADR
NSANY
| $2.08M | ﹤0.01% |
103,342
-2,472
| -2% | -$49.8K |
|
373
Lowe's Companies
LOW
$117B
| $2.06M | ﹤0.01% |
28,923
+2,755
| +11% | +$195K |
|
374
Republic Services
RSG
$64.8B
| $2M | ﹤0.01% |
35,075
+75
| +0.2% | +$4.02K |
|
375
CVB Financial
CVBF
$3.94B
| $1.98M | ﹤0.01% |
86,201
-78,323
| -48% | -$1.55M |
|
Similar funds
Ken Fisher's Q4 2016 Portfolio in Review
As of Q4 2016, Ken Fisher held 837 positions worth $57.4B, up 2% from $56.3B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Ken Fisher's Q4 2016 filing shows 61 new, 208 increased, 401 reduced and 54 closed positions. Its largest new stake was Barclays ETN+ FI Enhanced Europe 50 ETN Series B: 174,286 shares worth $18.7M. The largest sale was FI Enhanced Global High Yield Exchange Traded Notes, an estimated $315M.
By sector, the portfolio is most concentrated in Financials at 20% of assets, up from 17% a quarter earlier, followed by Technology and Healthcare.
- Ken Fisher's largest Q4 2016 buy was Barclays ETN+ FI Enhanced Europe 50 ETN Series B: 174,286 shares worth $18.7M.
- Ken Fisher added most to UBS AG FI Enhanced Global High Yield ETN in Q4 2016, an estimated $353M increase.
- Ken Fisher's biggest Q4 2016 reduction was FI Enhanced Global High Yield Exchange Traded Notes, cutting an estimated $315M.
- Ken Fisher fully exited Cabela's Inc in Q4 2016, selling an estimated $56.7M.
- Ken Fisher's ten largest holdings make up 22% of its $57.4B portfolio in Q4 2016.
- Ken Fisher opened 61 new positions and closed 54 in Q4 2016.
- Ken Fisher's portfolio value rose 2% quarter-over-quarter to $57.4B.
Based on Fisher Asset Management's 13F filing for Q4 2016, filed 10 Jan 2017.