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 |
FIEE
FI Enhanced Europe 50 ETN
FIEE
|
+$334M |
| 2 |
Goldman Sachs
GS
|
+$280M |
| 3 |
Capital One
COF
|
+$81.6M |
| 4 |
NXP Semiconductors
NXPI
|
+$78.2M |
| 5 |
Lloyds Banking Group
LYG
|
+$70.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FEEU
Barclays ETN+ FI Enhanced Europe 50 ETN
FEEU
|
+$267M |
| 2 |
Citigroup
C
|
+$175M |
| 3 |
Bank of America
BAC
|
+$112M |
| 4 |
CS
Credit Suisse Group
CS
|
+$109M |
| 5 |
American Express
AXP
|
+$77.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.39% |
| 2 | Technology | 14.47% |
| 3 | Healthcare | 13.22% |
| 4 | Consumer Discretionary | 8.36% |
| 5 | Industrials | 6.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
376
Shinhan Financial Group
SHG
$32.8B
| $2.6M | ﹤0.01% |
71,491
-809
| -1% | -$28.8K |
|
|
AMRI
377
DELISTED
Albany Molecular Research Inc
AMRI
| $2.6M | ﹤0.01% |
157,794
-45,656
| -22% | -$676K |
|
378
Southside Bancshares
SBSI
$967M
| $2.6M | ﹤0.01% |
82,872
-26,571
| -24% | -$826K |
|
|
MDC
379
DELISTED
M.D.C. Holdings, Inc.
MDC
| $2.6M | ﹤0.01% |
139,840
-46,865
| -25% | -$871K |
|
380
Walker & Dunlop
WD
$1.71B
| $2.59M | ﹤0.01% |
102,448
-23,674
| -19% | -$602K |
|
|
DTSI
381
DELISTED
DTS, Inc.
DTSI
| $2.58M | ﹤0.01% |
60,569
-24,166
| -29% | -$783K |
|
382
Camden Property Trust
CPT
$11B
| $2.56M | ﹤0.01% |
30,537
+3,990
| +15% | +$349K |
|
383
Central Pacific Financial
CPF
$1.02B
| $2.54M | ﹤0.01% |
100,967
-32,934
| -25% | -$817K |
|
384
Resources Connection
RGP
$151M
| $2.52M | ﹤0.01% |
168,397
-58,600
| -26% | -$874K |
|
|
PMC
385
DELISTED
PharMerica Corporation
PMC
| $2.52M | ﹤0.01% |
89,621
-24,531
| -21% | -$629K |
|
386
Eagle Bancorp
EGBN
$846M
| $2.49M | ﹤0.01% |
50,469
-17,318
| -26% | -$869K |
|
387
Independent Bank
INDB
$3.99B
| $2.48M | ﹤0.01% |
45,919
-15,780
| -26% | -$804K |
|
|
COWN
388
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $2.47M | ﹤0.01% |
169,807
-48,608
| -22% | -$644K |
|
|
LABL
389
DELISTED
Multi-Color Corp
LABL
| $2.42M | ﹤0.01% |
36,710
-12,269
| -25% | -$808K |
|
390
Renasant Corp
RNST
$3.98B
| $2.4M | ﹤0.01% |
71,451
-24,131
| -25% | -$810K |
|
|
AFAM
391
DELISTED
Almost Family Inc
AFAM
| $2.4M | ﹤0.01% |
65,132
-16,137
| -20% | -$629K |
|
392
Entravision Communication
EVC
$1.03B
| $2.39M | ﹤0.01% |
312,935
-104,091
| -25% | -$774K |
|
393
Hope Bancorp
HOPE
$1.79B
| $2.38M | ﹤0.01% |
+136,811
| New | +$2.22M |
|
|
JOBS
394
DELISTED
51job Inc
JOBS
| $2.36M | ﹤0.01% |
+70,637
| New | +$2.31M |
|
395
First Merchants
FRME
$2.68B
| $2.35M | ﹤0.01% |
88,039
-22,612
| -20% | -$597K |
|
396
PetMed Express
PETS
$41.7M
| $2.34M | ﹤0.01% |
115,453
-32,596
| -22% | -$657K |
|
|
ACET
397
DELISTED
Aceto Corp
ACET
| $2.32M | ﹤0.01% |
122,091
-45,762
| -27% | -$1.04M |
|
398
Covenant Logistics
CVLG
$894M
| $2.31M | ﹤0.01% |
239,482
-59,334
| -20% | -$597K |
|
399
8x8 Inc
EGHT
$269M
| $2.31M | ﹤0.01% |
149,502
-42,859
| -22% | -$610K |
|
|
NSA
400
DELISTED
National Storage Affiliates Trust
NSA
| $2.31M | ﹤0.01% |
110,185
-31,938
| -22% | -$668K |
|
Similar funds
Ken Fisher's Q3 2016 Portfolio in Review
As of Q3 2016, Ken Fisher held 812 positions worth $56.3B, up 4.5% from $53.9B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Fisher's Q3 2016 filing shows 67 new, 303 increased, 278 reduced and 36 closed positions. Its largest new stake was iShares Europe ETF: 130,527 shares worth $5.14M. The largest sale was Barclays ETN+ FI Enhanced Europe 50 ETN, an estimated $267M.
By sector, the portfolio is most concentrated in Financials at 17% of assets, up from 17% a quarter earlier, followed by Technology and Healthcare.
- Ken Fisher's largest Q3 2016 buy was iShares Europe ETF: 130,527 shares worth $5.14M.
- Ken Fisher added most to FI Enhanced Europe 50 ETN in Q3 2016, an estimated $334M increase.
- Ken Fisher's biggest Q3 2016 reduction was Barclays ETN+ FI Enhanced Europe 50 ETN, cutting an estimated $267M.
- Ken Fisher fully exited PrivateBancorp Inc in Q3 2016, selling an estimated $61.3M.
- Ken Fisher's ten largest holdings make up 23% of its $56.3B portfolio in Q3 2016.
- Ken Fisher opened 67 new positions and closed 36 in Q3 2016.
- Ken Fisher's portfolio value rose 4.5% quarter-over-quarter to $56.3B.
Based on Fisher Asset Management's 13F filing for Q3 2016, filed 11 Oct 2016.