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 |
Alphabet (Google) Class A
GOOGL
|
+$702M |
| 2 |
CAA
CalAtlantic Group, Inc.
CAA
|
+$90.3M |
| 3 |
America Movil
AMX
|
+$71.3M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$62.1M |
| 5 |
Stratasys
SSYS
|
+$53.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class C
GOOG
|
+$671M |
| 2 |
RYL
RYLAND GROUP INC
RYL
|
+$90.9M |
| 3 |
PMCS
P M C SIERRA INC
PMCS
|
+$76.3M |
| 4 |
BMR
BIOMED REALTY TRUST INC
BMR
|
+$40.1M |
| 5 |
HPY
HEARTLAND PAYMENT SYSTEMS, INC. COM STK
HPY
|
+$38.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.64% |
| 2 | Healthcare | 14.19% |
| 3 | Technology | 13.13% |
| 4 | Consumer Discretionary | 7.98% |
| 5 | Industrials | 6.61% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
376
First Merchants
FRME
$2.68B
| $3.12M | 0.01% |
122,913
+13,267
| +12% | +$349K |
|
377
Advanced Energy
AEIS
$11.6B
| $3.12M | 0.01% |
110,360
+13,674
| +14% | +$390K |
|
378
Hanmi Financial
HAFC
$945M
| $3.1M | 0.01% |
130,721
+14,076
| +12% | +$360K |
|
|
MKTO
379
DELISTED
MARKETO INC COM STK (DE)
MKTO
| $3.1M | 0.01% |
+107,900
| New | +$3.2M |
|
|
NPTN
380
DELISTED
NEOPHOTONICS CORP
NPTN
| $3.09M | 0.01% |
284,879
+44,917
| +19% | +$406K |
|
381
Central Pacific Financial
CPF
$1.02B
| $3.06M | 0.01% |
139,084
+10,907
| +9% | +$241K |
|
382
Installed Building Products
IBP
$6.01B
| $3.04M | 0.01% |
122,517
+10,601
| +9% | +$257K |
|
|
MCHB
383
Mechanics Bancorp
MCHB
$3.72B
| $2.94M | 0.01% |
135,345
+12,177
| +10% | +$266K |
|
384
Diageo
DEO
$49B
| $2.94M | 0.01% |
26,929
+99
| +0.4% | +$11.2K |
|
|
NSA
385
DELISTED
National Storage Affiliates Trust
NSA
| $2.93M | 0.01% |
170,801
+40,526
| +31% | +$633K |
|
|
SPNE
386
DELISTED
SeaSpine Holdings Corporation Common Stock
SPNE
| $2.9M | 0.01% |
168,654
-1,126
| -0.7% | -$17.8K |
|
|
RSTI
387
DELISTED
Rofin-Sinar Technologies Inc
RSTI
| $2.89M | 0.01% |
107,817
+14,995
| +16% | +$417K |
|
388
Covenant Logistics
CVLG
$894M
| $2.82M | 0.01% |
298,816
+63,788
| +27% | +$630K |
|
389
Magnite
MGNI
$2.76B
| $2.79M | 0.01% |
169,441
+25,762
| +18% | +$398K |
|
390
Semtech
SMTC
$11B
| $2.79M | 0.01% |
147,275
+35,152
| +31% | +$643K |
|
391
Werner Enterprises
WERN
$2.24B
| $2.78M | 0.01% |
118,689
+13,627
| +13% | +$354K |
|
392
DHI Group
DHX
$182M
| $2.77M | 0.01% |
302,312
+43,592
| +17% | +$389K |
|
393
Southside Bancshares
SBSI
$967M
| $2.77M | 0.01% |
124,143
+9,627
| +8% | +$240K |
|
394
Columbia Sportswear
COLM
$3.04B
| $2.77M | 0.01% |
56,700
| – | – |
|
|
BFX
395
DELISTED
BowFlex Inc.
BFX
| $2.76M | 0.01% |
164,838
+21,075
| +15% | +$370K |
|
|
WLH
396
DELISTED
WILLIAM LYON HOMES
WLH
| $2.71M | 0.01% |
164,573
+15,882
| +11% | +$299K |
|
397
Vanguard FTSE Developed Markets ETF
VEA
$229B
| $2.68M | 0.01% |
72,885
-15,454
| -17% | -$580K |
|
|
LM
398
DELISTED
Legg Mason, Inc.
LM
| $2.67M | 0.01% |
67,999
| – | – |
|
|
CONE
399
DELISTED
CyrusOne Inc Common Stock
CONE
| $2.6M | 0.01% |
69,343
+17,867
| +35% | +$632K |
|
|
NSANY
400
DELISTED
NISSAN MOTOR CO LTD SPONS ADR
NSANY
| $2.5M | ﹤0.01% |
117,715
-15,553
| -12% | -$331K |
|
Similar funds
Ken Fisher's Q4 2015 Portfolio in Review
As of Q4 2015, Ken Fisher held 832 positions worth $51.9B, up 8.1% from $48B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Fisher's Q4 2015 filing shows 117 new, 382 increased, 189 reduced and 39 closed positions. Its largest new stake was Alphabet (Google) Class A: 18,980,280 shares worth $738M. The largest sale was Alphabet (Google) Class C, an estimated $671M.
By sector, the portfolio is most concentrated in Financials at 20% of assets, down from 20% a quarter earlier, followed by Healthcare and Technology.
- Ken Fisher's largest Q4 2015 buy was Alphabet (Google) Class A: 18,980,280 shares worth $738M.
- Ken Fisher added most to CalAtlantic Group, Inc. in Q4 2015, an estimated $90.3M increase.
- Ken Fisher's biggest Q4 2015 reduction was Alphabet (Google) Class C, cutting an estimated $671M.
- Ken Fisher fully exited RYLAND GROUP INC in Q4 2015, selling an estimated $90.9M.
- Ken Fisher's ten largest holdings make up 23% of its $51.9B portfolio in Q4 2015.
- Ken Fisher opened 117 new positions and closed 39 in Q4 2015.
- Ken Fisher's portfolio value rose 8.1% quarter-over-quarter to $51.9B.
Based on Fisher Asset Management's 13F filing for Q4 2015, filed 14 Jan 2016.