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 |
Walmart Inc
WMT
|
+$323M |
| 2 |
JD.com
JD
|
+$141M |
| 3 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$90.2M |
| 4 |
America Movil
AMX
|
+$62.6M |
| 5 |
FIHD
UBS AG FI Enhanced Global High Yield ETN
FIHD
|
+$60.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$351M |
| 2 |
EMBJ
Embraer S.A. ADS
EMBJ
|
+$104M |
| 3 |
FEIC
FEI COMPANY
FEIC
|
+$39.1M |
| 4 |
FIGY
Barclays ETN+ FI Enhanced Global High Yield ETN
FIGY
|
+$36.1M |
| 5 |
FBGX
UBS AG FI Enhanced Large Cap Growth ETN
FBGX
|
+$28.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.08% |
| 2 | Healthcare | 14.41% |
| 3 | Technology | 13.36% |
| 4 | Consumer Discretionary | 8.06% |
| 5 | Industrials | 6.42% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
376
Diageo
DEO
$49.5B
| $2.99M | 0.01% |
26,330
-592
| -2% | -$64K |
|
|
PMC
377
DELISTED
PharMerica Corporation
PMC
| $2.96M | 0.01% |
114,152
-14,714
| -11% | -$365K |
|
378
Myriad Genetics
MYGN
$507M
| $2.96M | 0.01% |
92,236
+2,453
| +3% | +$85.2K |
|
379
Walker & Dunlop
WD
$1.68B
| $2.95M | 0.01% |
126,122
-16,067
| -11% | -$376K |
|
380
Entravision Communication
EVC
$1.07B
| $2.95M | 0.01% |
417,026
-57,472
| -12% | -$412K |
|
|
AMRI
381
DELISTED
Albany Molecular Research Inc
AMRI
| $2.93M | 0.01% |
203,450
| – | – |
|
382
Covenant Logistics
CVLG
$928M
| $2.92M | 0.01% |
298,816
| – | – |
|
|
COWN
383
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $2.87M | 0.01% |
218,415
| – | – |
|
384
8x8 Inc
EGHT
$262M
| $2.87M | 0.01% |
192,361
| – | – |
|
385
Independent Bank
INDB
$4.02B
| $2.86M | 0.01% |
61,699
-12,573
| -17% | -$587K |
|
386
PetMed Express
PETS
$42.3M
| $2.86M | 0.01% |
148,049
-39,067
| -21% | -$718K |
|
|
NPTN
387
DELISTED
NEOPHOTONICS CORP
NPTN
| $2.85M | 0.01% |
284,879
| – | – |
|
388
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23B
| $2.85M | 0.01% |
53,722
-6,236
| -10% | -$329K |
|
389
Werner Enterprises
WERN
$2.21B
| $2.83M | 0.01% |
118,689
| – | – |
|
390
First Merchants
FRME
$2.69B
| $2.75M | 0.01% |
110,651
-12,262
| -10% | -$305K |
|
|
BFX
391
DELISTED
BowFlex Inc.
BFX
| $2.75M | 0.01% |
144,998
-19,840
| -12% | -$375K |
|
392
Banco Santander
SAN
$202B
| $2.74M | 0.01% |
721,955
-32,422
| -4% | -$141K |
|
393
LivaNova
LIVN
$4.45B
| $2.68M | 0.01% |
52,000
| – | – |
|
394
Hanmi Financial
HAFC
$940M
| $2.67M | 0.01% |
112,826
-17,895
| -14% | -$410K |
|
|
WIBC
395
DELISTED
WILSHIRE BANCORP INC
WIBC
| $2.63M | ﹤0.01% |
240,478
-52,751
| -18% | -$568K |
|
396
Banner Corp
BANR
$2.37B
| $2.62M | ﹤0.01% |
60,875
-13,556
| -18% | -$577K |
|
397
Rexford Industrial Realty
REXR
$8.56B
| $2.55M | ﹤0.01% |
117,680
-21,566
| -15% | -$422K |
|
|
WLH
398
DELISTED
WILLIAM LYON HOMES
WLH
| $2.54M | ﹤0.01% |
146,677
-17,896
| -11% | -$274K |
|
399
Vanguard FTSE Developed Markets ETF
VEA
$230B
| $2.46M | ﹤0.01% |
69,046
-1,063
| -2% | -$38.4K |
|
400
Camden Property Trust
CPT
$11.2B
| $2.4M | ﹤0.01% |
26,547
+6,975
| +36% | +$582K |
|
Similar funds
Ken Fisher's Q2 2016 Portfolio in Review
As of Q2 2016, Ken Fisher held 787 positions worth $53.9B, up 2.4% from $52.6B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Fisher's Q2 2016 filing shows 43 new, 284 increased, 281 reduced and 42 closed positions. Its largest new stake was DST Systems Inc.: 280,332 shares worth $16.9M. The largest sale was Amazon, an estimated $351M.
By sector, the portfolio is most concentrated in Financials at 17% of assets, down from 18% a quarter earlier, followed by Healthcare and Technology.
- Ken Fisher's largest Q2 2016 buy was DST Systems Inc.: 280,332 shares worth $16.9M.
- Ken Fisher added most to Walmart Inc in Q2 2016, an estimated $323M increase.
- Ken Fisher's biggest Q2 2016 reduction was Amazon, cutting an estimated $351M.
- Ken Fisher fully exited Embraer S.A. ADS in Q2 2016, selling an estimated $104M.
- Ken Fisher's ten largest holdings make up 23% of its $53.9B portfolio in Q2 2016.
- Ken Fisher opened 43 new positions and closed 42 in Q2 2016.
- Ken Fisher's portfolio value rose 2.4% quarter-over-quarter to $53.9B.
Based on Fisher Asset Management's 13F filing for Q2 2016, filed 12 Jul 2016.