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 |
UBS Group
UBS
|
+$423M |
| 2 |
CS
Credit Suisse Group
CS
|
+$261M |
| 3 |
Barclays
BCS
|
+$240M |
| 4 |
ABB
ABB Ltd
ABB
|
+$161M |
| 5 |
Trip.com Group
TCOM
|
+$113M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Lloyds Banking Group
LYG
|
+$230M |
| 2 |
SI
SIEMENS AKTIENGESELLSCHAFT ADS
SI
|
+$162M |
| 3 |
BF
BASF AKTIENGESELLT ADS(RP1 ORD
BF
|
+$84M |
| 4 |
BHP
BHP
|
+$60.3M |
| 5 |
SUSQ
SUSQUEHANNA BANCSHARES INC
SUSQ
|
+$42.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 21.7% |
| 2 | Healthcare | 13.73% |
| 3 | Technology | 13.21% |
| 4 | Industrials | 7.16% |
| 5 | Consumer Discretionary | 6.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
376
Starbucks
SBUX
$120B
| $663K | ﹤0.01% |
16,168
+1,958
| +14% | +$76.5K |
|
377
iShares TIPS Bond ETF
TIP
$14.5B
| $655K | ﹤0.01% |
5,848
+135
| +2% | +$15.2K |
|
|
IRBT
378
DELISTED
iRobot
IRBT
| $652K | ﹤0.01% |
18,790
| – | – |
|
379
iShares MSCI ACWI ETF
ACWI
$32.9B
| $650K | ﹤0.01% |
+11,115
| New | +$653K |
|
380
Abbott
ABT
$183B
| $623K | ﹤0.01% |
13,828
+2,567
| +23% | +$112K |
|
381
Phillips 66
PSX
$84.9B
| $607K | ﹤0.01% |
8,462
-334
| -4% | -$24.6K |
|
382
Lowe's Companies
LOW
$117B
| $602K | ﹤0.01% |
8,751
+8
| +0.1% | +$479 |
|
383
Align Technology
ALGN
$12.1B
| $589K | ﹤0.01% |
10,528
+1,300
| +14% | +$68.8K |
|
|
EMC
384
DELISTED
EMC CORPORATION
EMC
| $585K | ﹤0.01% |
19,674
+3,976
| +25% | +$116K |
|
|
WBA
385
DELISTED
Walgreens Boots Alliance
WBA
| $577K | ﹤0.01% |
7,573
-328
| -4% | -$21.9K |
|
386
Rogers Communications
RCI
$18.3B
| $572K | ﹤0.01% |
14,731
-124
| -0.8% | -$4.78K |
|
|
ETP
387
DELISTED
Energy Transfer Partners L.p.
ETP
| $560K | ﹤0.01% |
8,615
+1,409
| +20% | +$90.1K |
|
388
PPG Industries
PPG
$24.6B
| $550K | ﹤0.01% |
4,756
-1,790
| -27% | -$186K |
|
389
Prudential Financial
PRU
$42.4B
| $529K | ﹤0.01% |
+5,852
| New | +$503K |
|
390
PNC Financial Services
PNC
$99.7B
| $523K | ﹤0.01% |
5,728
+1,000
| +21% | +$86.7K |
|
391
iShares MSCI EAFE ETF
EFA
$78B
| $520K | ﹤0.01% |
8,549
-11,740
| -58% | -$733K |
|
392
Vertex Pharmaceuticals
VRTX
$121B
| $520K | ﹤0.01% |
4,378
-215
| -5% | -$24.2K |
|
393
Enterprise Products Partners
EPD
$82.3B
| $514K | ﹤0.01% |
14,216
+4,187
| +42% | +$155K |
|
394
Norfolk Southern
NSC
$75.4B
| $510K | ﹤0.01% |
4,652
+302
| +7% | +$33.1K |
|
395
Under Armour
UAA
$2.84B
| $476K | ﹤0.01% |
14,130
-326
| -2% | -$10.9K |
|
396
Mondelez International
MDLZ
$79.5B
| $454K | ﹤0.01% |
12,496
+1,503
| +14% | +$54.7K |
|
397
IQVIA
IQV
$38.7B
| $453K | ﹤0.01% |
+7,700
| New | +$439K |
|
398
Dover
DOV
$27.6B
| $452K | ﹤0.01% |
7,806
-328
| -4% | -$20.3K |
|
399
Medtronic
MDT
$109B
| $447K | ﹤0.01% |
6,193
+28
| +0.5% | +$1.95K |
|
400
Insulet
PODD
$11.5B
| $442K | ﹤0.01% |
9,588
| – | – |
|
Similar funds
Ken Fisher's Q4 2014 Portfolio in Review
As of Q4 2014, Ken Fisher held 664 positions worth $48.4B, up 3.1% from $46.9B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Ken Fisher's Q4 2014 filing shows 80 new, 228 increased, 245 reduced and 44 closed positions. Its largest new stake was UBS Group: 24,721,456 shares worth $422M. The largest sale was Lloyds Banking Group, an estimated $230M.
By sector, the portfolio is most concentrated in Financials at 22% of assets, up from 20% a quarter earlier, followed by Healthcare and Technology.
- Ken Fisher's largest Q4 2014 buy was UBS Group: 24,721,456 shares worth $422M.
- Ken Fisher added most to Credit Suisse Group in Q4 2014, an estimated $261M increase.
- Ken Fisher's biggest Q4 2014 reduction was Lloyds Banking Group, cutting an estimated $230M.
- Ken Fisher fully exited SUSQUEHANNA BANCSHARES INC in Q4 2014, selling an estimated $42.8M.
- Ken Fisher's ten largest holdings make up 22% of its $48.4B portfolio in Q4 2014.
- Ken Fisher opened 80 new positions and closed 44 in Q4 2014.
- Ken Fisher's portfolio value rose 3.1% quarter-over-quarter to $48.4B.
Based on Fisher Asset Management's 13F filing for Q4 2014, filed 29 Jan 2015.