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 |
Apple
AAPL
|
+$92.2M |
| 2 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$83.3M |
| 3 |
HPY
HEARTLAND PAYMENT SYSTEMS, INC. COM STK
HPY
|
+$76M |
| 4 |
FIEG
FI Enhanced Global High Yield Exchange Traded Notes
FIEG
|
+$45.3M |
| 5 |
AAWW
Atlas Air Worldwide Holdings, Inc.
AAWW
|
+$44.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI EAFE ETF
EFA
|
+$208M |
| 2 |
Vanguard S&P 500 ETF
VOO
|
+$150M |
| 3 |
FCS
FAIRCHILD SEMICONDUCTOR INTL INC COMMON
FCS
|
+$66.6M |
| 4 |
OVTI
OMNIVISION TECHNOLOGIES INC
OVTI
|
+$48.3M |
| 5 |
CEO
CNOOC Limited
CEO
|
+$44M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.85% |
| 2 | Technology | 12.89% |
| 3 | Healthcare | 12.55% |
| 4 | Industrials | 7.74% |
| 5 | Consumer Discretionary | 7.22% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
DD
376
DELISTED
Du Pont De Nemours E I
DD
| $338K | ﹤0.01% |
5,309
+533
| +11% | +$32.6K |
|
377
Abbott
ABT
$183B
| $337K | ﹤0.01% |
8,746
+1,101
| +14% | +$42.4K |
|
378
CSX Corp
CSX
$93.4B
| $337K | ﹤0.01% |
34,857
+1,635
| +5% | +$15.2K |
|
379
HP
HPQ
$24.9B
| $337K | ﹤0.01% |
22,960
+194
| +0.9% | +$2.61K |
|
380
Capital Southwest
CSWC
$1.47B
| $333K | ﹤0.01% |
26,150
| – | – |
|
|
TWX
381
DELISTED
Time Warner Inc
TWX
| $318K | ﹤0.01% |
5,069
-868
| -15% | -$54.5K |
|
382
US Bancorp
USB
$98.2B
| $315K | ﹤0.01% |
7,342
+1,204
| +20% | +$49.5K |
|
383
iShares 7-10 Year Treasury Bond ETF
IEF
$47.1B
| $309K | ﹤0.01% |
3,036
-2,055
| -40% | -$209K |
|
384
SPDR Gold Trust
GLD
$131B
| $304K | ﹤0.01% |
2,463
-1,429
| -37% | -$178K |
|
385
Invesco Dorsey Wright Financial Momentum ETF
PFI
$59.5M
| $302K | ﹤0.01% |
10,470
| – | – |
|
386
Vanguard Morningstar Total Stock Market ETF
VTI
$660B
| $298K | ﹤0.01% |
+3,052
| New | +$292K |
|
387
Morgan Stanley
MS
$331B
| $296K | ﹤0.01% |
9,495
+1,771
| +23% | +$54.7K |
|
388
Southern Company
SO
$109B
| $291K | ﹤0.01% |
6,622
+725
| +12% | +$30.4K |
|
389
America Movil
AMX
$76.1B
| $286K | ﹤0.01% |
14,402
-2,980
| -17% | -$61.7K |
|
|
WBA
390
DELISTED
Walgreens Boots Alliance
WBA
| $282K | ﹤0.01% |
4,263
-1,474
| -26% | -$92.6K |
|
391
Stryker
SYK
$125B
| $278K | ﹤0.01% |
3,410
-16,479
| -83% | -$1.31M |
|
|
KMP
392
DELISTED
KINDER MORGAN ENER PNTRS L.P.
KMP
| $274K | ﹤0.01% |
3,705
+845
| +30% | +$65.6K |
|
393
PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund
HYS
$1.75B
| $267K | ﹤0.01% |
+2,501
| New | +$266K |
|
|
CBI
394
DELISTED
Chicago Bridge & Iron Nv
CBI
| $259K | ﹤0.01% |
+2,970
| New | +$241K |
|
395
General Mills
GIS
$19.1B
| $254K | ﹤0.01% |
4,904
-700
| -12% | -$34.7K |
|
396
Meta Platforms (Facebook)
META
$1.42T
| $254K | ﹤0.01% |
+4,222
| New | +$268K |
|
397
Devon Energy
DVN
$52.1B
| $247K | ﹤0.01% |
3,696
+277
| +8% | +$17.2K |
|
398
Honeywell
HON
$77B
| $245K | ﹤0.01% |
2,936
-2,346
| -44% | -$194K |
|
399
EOG Resources
EOG
$79.2B
| $244K | ﹤0.01% |
+2,488
| New | +$221K |
|
400
Eli Lilly
LLY
$1.02T
| $244K | ﹤0.01% |
4,148
-281
| -6% | -$15.7K |
|
Similar funds
Ken Fisher's Q1 2014 Portfolio in Review
As of Q1 2014, Ken Fisher held 629 positions worth $44.3B, up 0.5% from $44.1B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Fisher's Q1 2014 filing shows 68 new, 131 increased, 316 reduced and 43 closed positions. Its largest new stake was HEARTLAND PAYMENT SYSTEMS, INC. COM STK: 1,748,920 shares worth $72.5M. The largest sale was iShares MSCI EAFE ETF, an estimated $208M.
By sector, the portfolio is most concentrated in Financials at 20% of assets, up from 20% a quarter earlier, followed by Technology and Healthcare.
- Ken Fisher's largest Q1 2014 buy was HEARTLAND PAYMENT SYSTEMS, INC. COM STK: 1,748,920 shares worth $72.5M.
- Ken Fisher added most to Apple in Q1 2014, an estimated $92.2M increase.
- Ken Fisher's biggest Q1 2014 reduction was iShares MSCI EAFE ETF, cutting an estimated $208M.
- Ken Fisher fully exited TECHNIP ADS (EA REPTG ONE ORD SHS) in Q1 2014, selling an estimated $38.8M.
- Ken Fisher's ten largest holdings make up 23% of its $44.3B portfolio in Q1 2014.
- Ken Fisher opened 68 new positions and closed 43 in Q1 2014.
- Ken Fisher's portfolio value rose 0.5% quarter-over-quarter to $44.3B.
Based on Fisher Asset Management's 13F filing for Q1 2014, filed 22 Apr 2014.