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 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$607M |
| 2 |
Vodafone
VOD
|
+$318M |
| 3 |
SI
SIEMENS AKTIENGESELLSCHAFT ADS
SI
|
+$267M |
| 4 |
Alibaba
BABA
|
+$228M |
| 5 |
Itaú Unibanco
ITUB
|
+$137M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
|
+$545M |
| 2 |
GE Aerospace
GE
|
+$284M |
| 3 |
NXP Semiconductors
NXPI
|
+$121M |
| 4 |
MENT
Mentor Graphics Corp
MENT
|
+$63.3M |
| 5 |
Heartland Express
HTLD
|
+$45.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.45% |
| 2 | Technology | 14.38% |
| 3 | Healthcare | 12.14% |
| 4 | Consumer Discretionary | 8.49% |
| 5 | Communication Services | 7.31% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
FCB
351
DELISTED
FCB Financial Holdings, Inc.
FCB
| $3.04M | ﹤0.01% |
61,451
+20,809
| +51% | +$994K |
|
352
MYR Group
MYRG
$5.15B
| $3M | ﹤0.01% |
73,100
+25,094
| +52% | +$976K |
|
|
STMP
353
DELISTED
Stamps.com, Inc.
STMP
| $2.95M | ﹤0.01% |
24,936
+8,522
| +52% | +$1.05M |
|
354
Walker & Dunlop
WD
$1.68B
| $2.93M | ﹤0.01% |
70,386
+21,965
| +45% | +$810K |
|
355
CVB Financial
CVBF
$4B
| $2.9M | ﹤0.01% |
131,186
+44,985
| +52% | +$1.03M |
|
356
8x8 Inc
EGHT
$262M
| $2.88M | ﹤0.01% |
188,626
+80,890
| +75% | +$1.23M |
|
357
iShares MSCI ACWI ETF
ACWI
$32.7B
| $2.79M | ﹤0.01% |
44,057
+8,103
| +23% | +$502K |
|
358
Installed Building Products
IBP
$6.07B
| $2.74M | ﹤0.01% |
52,012
+16,030
| +45% | +$721K |
|
359
Shinhan Financial Group
SHG
$34B
| $2.72M | ﹤0.01% |
65,179
-6,111
| -9% | -$249K |
|
360
Semtech
SMTC
$10.7B
| $2.7M | ﹤0.01% |
79,972
+33,479
| +72% | +$1.12M |
|
361
Central Pacific Financial
CPF
$1.02B
| $2.64M | ﹤0.01% |
86,410
+36,663
| +74% | +$1.14M |
|
362
Columbia Banking Systems
COLB
$8.84B
| $2.61M | ﹤0.01% |
66,888
+19,753
| +42% | +$796K |
|
363
State Street SPDR Portfolio Mortgage Backed Bond ETF
SPMB
$6.98B
| $2.59M | ﹤0.01% |
98,563
+59
| +0.1% | +$1.55K |
|
|
ALJ
364
DELISTED
Alon USA Energy Inc
ALJ
| $2.59M | ﹤0.01% |
212,800
| – | – |
|
|
JOBS
365
DELISTED
51job Inc
JOBS
| $2.59M | ﹤0.01% |
70,637
| – | – |
|
366
LivaNova
LIVN
$4.45B
| $2.55M | ﹤0.01% |
52,000
| – | – |
|
367
General Dynamics
GD
$103B
| $2.55M | ﹤0.01% |
13,613
+285
| +2% | +$52.7K |
|
368
Camden Property Trust
CPT
$11.2B
| $2.5M | ﹤0.01% |
31,012
-6,625
| -18% | -$545K |
|
|
CSFL
369
DELISTED
CenterState Bank Corporation Common Stock
CSFL
| $2.48M | ﹤0.01% |
95,773
+41,637
| +77% | +$1.05M |
|
370
Comfort Systems
FIX
$59.8B
| $2.48M | ﹤0.01% |
67,630
+23,666
| +54% | +$822K |
|
371
Banc of California
BANC
$2.98B
| $2.47M | ﹤0.01% |
119,357
+36,599
| +44% | +$681K |
|
|
AFAM
372
DELISTED
Almost Family Inc
AFAM
| $2.45M | ﹤0.01% |
50,361
+17,910
| +55% | +$856K |
|
|
COWN
373
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $2.44M | ﹤0.01% |
163,094
+73,218
| +81% | +$1.08M |
|
374
Lowe's Companies
LOW
$118B
| $2.41M | ﹤0.01% |
29,291
+368
| +1% | +$28.2K |
|
375
First Merchants
FRME
$2.69B
| $2.38M | ﹤0.01% |
60,514
+18,924
| +46% | +$738K |
|
Similar funds
Ken Fisher's Q1 2017 Portfolio in Review
As of Q1 2017, Ken Fisher held 865 positions worth $62.4B, up 8.7% from $57.4B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Ken Fisher's Q1 2017 filing shows 82 new, 252 increased, 334 reduced and 92 closed positions. Its largest new stake was Vodafone: 12,420,913 shares worth $328M. The largest sale was State Street SPDR Portfolio Short Term Corporate Bond ETF, an estimated $545M.
By sector, the portfolio is most concentrated in Financials at 19% of assets, down from 20% a quarter earlier, followed by Technology and Healthcare.
- Ken Fisher's largest Q1 2017 buy was Vodafone: 12,420,913 shares worth $328M.
- Ken Fisher added most to iShares iBoxx $ Investment Grade Corporate Bond ETF in Q1 2017, an estimated $607M increase.
- Ken Fisher's biggest Q1 2017 reduction was State Street SPDR Portfolio Short Term Corporate Bond ETF, cutting an estimated $545M.
- Ken Fisher fully exited NXP Semiconductors in Q1 2017, selling an estimated $121M.
- Ken Fisher's ten largest holdings make up 24% of its $62.4B portfolio in Q1 2017.
- Ken Fisher opened 82 new positions and closed 92 in Q1 2017.
- Ken Fisher's portfolio value rose 8.7% quarter-over-quarter to $62.4B.
Based on Fisher Asset Management's 13F filing for Q1 2017, filed 25 Apr 2017.