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 |
SI
SIEMENS AKTIENGESELLSCHAFT ADS
SI
|
+$437M |
| 2 |
Lloyds Banking Group
LYG
|
+$371M |
| 3 |
iShares MSCI EAFE ETF
EFA
|
+$207M |
| 4 |
Vanguard S&P 500 ETF
VOO
|
+$146M |
| 5 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$51.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Oracle
ORCL
|
+$290M |
| 2 |
Cisco
CSCO
|
+$272M |
| 3 |
PepsiCo
PEP
|
+$268M |
| 4 |
Apple
AAPL
|
+$139M |
| 5 |
ABV
COMPANHIA BEBIDA ADS EACH REPSTG 1 PFD SH
ABV
|
+$80.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.72% |
| 2 | Technology | 12.76% |
| 3 | Healthcare | 12.06% |
| 4 | Consumer Discretionary | 7.83% |
| 5 | Industrials | 7.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
SHPG
376
DELISTED
Shire pic
SHPG
| $331K | ﹤0.01% |
2,340
-65
| -3% | -$8.54K |
|
|
WBA
377
DELISTED
Walgreens Boots Alliance
WBA
| $330K | ﹤0.01% |
5,737
-18
| -0.3% | -$1.05K |
|
378
DuPont de Nemours
DD
$18.5B
| $328K | ﹤0.01% |
+2,920
| New | +$299K |
|
379
CSX Corp
CSX
$93.4B
| $319K | ﹤0.01% |
33,222
-2,742
| -8% | -$24.6K |
|
|
XEC
380
DELISTED
CIMAREX ENERGY CO
XEC
| $315K | ﹤0.01% |
3,000
| – | – |
|
381
Tapestry
TPR
$30.8B
| $307K | ﹤0.01% |
5,465
-485
| -8% | -$26.2K |
|
382
Invesco Dorsey Wright Financial Momentum ETF
PFI
$59.5M
| $306K | ﹤0.01% |
10,470
+899
| +9% | +$24.9K |
|
383
Vanguard Health Care ETF
VHT
$18.1B
| $306K | ﹤0.01% |
+3,028
| New | +$297K |
|
384
Sumitomo Mitsui Financial
SMFG
$164B
| $301K | ﹤0.01% |
28,727
-3,860
| -12% | -$38.4K |
|
|
ABB
385
DELISTED
ABB Ltd
ABB
| $301K | ﹤0.01% |
11,342
-2,750
| -20% | -$68.5K |
|
|
DD
386
DELISTED
Du Pont De Nemours E I
DD
| $295K | ﹤0.01% |
4,776
+358
| +8% | +$20.7K |
|
387
Abbott
ABT
$183B
| $293K | ﹤0.01% |
7,645
-794
| -9% | -$29.3K |
|
388
HP
HPQ
$24.9B
| $289K | ﹤0.01% |
22,766
-9,606
| -30% | -$110K |
|
389
iShares Core S&P 500 ETF
IVV
$878B
| $288K | ﹤0.01% |
+1,552
| New | +$276K |
|
390
General Mills
GIS
$19.1B
| $280K | ﹤0.01% |
5,604
+360
| +7% | +$17.9K |
|
|
MON
391
DELISTED
Monsanto Co
MON
| $279K | ﹤0.01% |
2,390
+89
| +4% | +$9.72K |
|
392
iShares MSCI ACWI ETF
ACWI
$32.9B
| $264K | ﹤0.01% |
+4,585
| New | +$257K |
|
393
3D Systems Corp
DDD
$431M
| $261K | ﹤0.01% |
+2,808
| New | +$197K |
|
394
Mondelez International
MDLZ
$79.5B
| $259K | ﹤0.01% |
7,326
+276
| +4% | +$9.17K |
|
395
Petrobras
PBR
$125B
| $250K | ﹤0.01% |
18,140
-9,142
| -34% | -$142K |
|
396
US Bancorp
USB
$98.2B
| $248K | ﹤0.01% |
6,138
-1,795
| -23% | -$68.9K |
|
397
Morgan Stanley
MS
$331B
| $242K | ﹤0.01% |
7,724
-17
| -0.2% | -$505 |
|
398
Nu Skin
NUS
$252M
| $242K | ﹤0.01% |
+1,751
| New | +$206K |
|
399
Southern Company
SO
$109B
| $242K | ﹤0.01% |
5,897
-3,257
| -36% | -$134K |
|
|
MMP
400
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $241K | ﹤0.01% |
+3,807
| New | +$227K |
|
Similar funds
Ken Fisher's Q4 2013 Portfolio in Review
As of Q4 2013, Ken Fisher held 595 positions worth $44.1B, up 8.7% from $40.6B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Fisher's Q4 2013 filing shows 61 new, 130 increased, 291 reduced and 34 closed positions. Its largest new stake was Lloyds Banking Group: 73,965,265 shares worth $393M. The largest sale was Oracle, an estimated $290M.
By sector, the portfolio is most concentrated in Financials at 20% of assets, up from 18% a quarter earlier, followed by Technology and Healthcare.
- Ken Fisher's largest Q4 2013 buy was Lloyds Banking Group: 73,965,265 shares worth $393M.
- Ken Fisher added most to SIEMENS AKTIENGESELLSCHAFT ADS in Q4 2013, an estimated $437M increase.
- Ken Fisher's biggest Q4 2013 reduction was Oracle, cutting an estimated $290M.
- Ken Fisher fully exited COMPANHIA BEBIDA ADS EACH REPSTG 1 PFD SH in Q4 2013, selling an estimated $80.2M.
- Ken Fisher's ten largest holdings make up 23% of its $44.1B portfolio in Q4 2013.
- Ken Fisher opened 61 new positions and closed 34 in Q4 2013.
- Ken Fisher's portfolio value rose 8.7% quarter-over-quarter to $44.1B.
Based on Fisher Asset Management's 13F filing for Q4 2013, filed 14 Jan 2014.