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 |
FIHD
UBS AG FI Enhanced Global High Yield ETN
FIHD
|
+$353M |
| 2 |
Televisa
TV
|
+$92.4M |
| 3 |
FLGE
Credit Suisse FI Large Cap Growth Enhanced Exchange Traded Notes
FLGE
|
+$38.2M |
| 4 |
DST
DST Systems Inc.
DST
|
+$36.8M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$27M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FIEG
FI Enhanced Global High Yield Exchange Traded Notes
FIEG
|
+$315M |
| 2 |
CAB
Cabela's Inc
CAB
|
+$56.7M |
| 3 |
NXP Semiconductors
NXPI
|
+$48.7M |
| 4 |
TSMC
TSM
|
+$24.7M |
| 5 |
FIGY
Barclays ETN+ FI Enhanced Global High Yield ETN
FIGY
|
+$23.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.9% |
| 2 | Technology | 14.05% |
| 3 | Healthcare | 12.4% |
| 4 | Consumer Discretionary | 7.69% |
| 5 | Industrials | 6.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
FCB
376
DELISTED
FCB Financial Holdings, Inc.
FCB
| $1.94M | ﹤0.01% |
40,642
-38,587
| -49% | -$1.6M |
|
|
CS
377
DELISTED
Credit Suisse Group
CS
| $1.88M | ﹤0.01% |
131,658
-1,200,597
| -90% | -$16.8M |
|
|
STMP
378
DELISTED
Stamps.com, Inc.
STMP
| $1.88M | ﹤0.01% |
16,414
-14,874
| -48% | -$1.55M |
|
|
NPTN
379
DELISTED
NEOPHOTONICS CORP
NPTN
| $1.84M | ﹤0.01% |
169,856
-41,034
| -19% | -$547K |
|
380
Williams-Sonoma
WSM
$26.9B
| $1.83M | ﹤0.01% |
75,790
+338
| +0.4% | +$8.61K |
|
381
Amphastar Pharmaceuticals
AMPH
$879M
| $1.83M | ﹤0.01% |
99,324
-98,334
| -50% | -$1.91M |
|
382
Resources Connection
RGP
$151M
| $1.81M | ﹤0.01% |
94,005
-74,392
| -44% | -$1.19M |
|
383
MYR Group
MYRG
$5.19B
| $1.81M | ﹤0.01% |
48,006
-42,204
| -47% | -$1.45M |
|
|
CYNO
384
DELISTED
Cynosure, Inc. Class A
CYNO
| $1.76M | ﹤0.01% |
38,635
-34,618
| -47% | -$1.59M |
|
385
Colgate-Palmolive
CL
$73.1B
| $1.76M | ﹤0.01% |
26,889
+2,250
| +9% | +$154K |
|
386
Ericsson
ERIC
$32.2B
| $1.74M | ﹤0.01% |
298,920
-122,913
| -29% | -$679K |
|
387
Diageo
DEO
$49B
| $1.7M | ﹤0.01% |
16,383
-8,417
| -34% | -$886K |
|
388
ON Semiconductor
ON
$31.8B
| $1.61M | ﹤0.01% |
126,052
+150
| +0.1% | +$1.79K |
|
389
Hope Bancorp
HOPE
$1.79B
| $1.6M | ﹤0.01% |
73,312
-63,499
| -46% | -$1.2M |
|
390
First Merchants
FRME
$2.68B
| $1.57M | ﹤0.01% |
41,590
-46,449
| -53% | -$1.48M |
|
391
Central Pacific Financial
CPF
$1.02B
| $1.56M | ﹤0.01% |
49,747
-51,220
| -51% | -$1.45M |
|
|
LABL
392
DELISTED
Multi-Color Corp
LABL
| $1.56M | ﹤0.01% |
20,104
-16,606
| -45% | -$1.18M |
|
393
8x8 Inc
EGHT
$269M
| $1.54M | ﹤0.01% |
107,736
-41,766
| -28% | -$605K |
|
|
ACET
394
DELISTED
Aceto Corp
ACET
| $1.54M | ﹤0.01% |
70,105
-51,986
| -43% | -$1.02M |
|
395
Hanmi Financial
HAFC
$945M
| $1.54M | ﹤0.01% |
44,052
-43,246
| -50% | -$1.26M |
|
|
JOYY
396
JOYY Inc
JOYY
$3.71B
| $1.52M | ﹤0.01% |
38,582
| – | – |
|
397
Southside Bancshares
SBSI
$967M
| $1.51M | ﹤0.01% |
41,201
-41,671
| -50% | -$1.44M |
|
|
AMRI
398
DELISTED
Albany Molecular Research Inc
AMRI
| $1.51M | ﹤0.01% |
80,589
-77,205
| -49% | -$1.31M |
|
399
Walker & Dunlop
WD
$1.71B
| $1.51M | ﹤0.01% |
48,421
-54,027
| -53% | -$1.51M |
|
400
Incyte
INCY
$24.2B
| $1.5M | ﹤0.01% |
14,917
| – | – |
|
Similar funds
Ken Fisher's Q4 2016 Portfolio in Review
As of Q4 2016, Ken Fisher held 837 positions worth $57.4B, up 2% from $56.3B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Ken Fisher's Q4 2016 filing shows 61 new, 208 increased, 401 reduced and 54 closed positions. Its largest new stake was Barclays ETN+ FI Enhanced Europe 50 ETN Series B: 174,286 shares worth $18.7M. The largest sale was FI Enhanced Global High Yield Exchange Traded Notes, an estimated $315M.
By sector, the portfolio is most concentrated in Financials at 20% of assets, up from 17% a quarter earlier, followed by Technology and Healthcare.
- Ken Fisher's largest Q4 2016 buy was Barclays ETN+ FI Enhanced Europe 50 ETN Series B: 174,286 shares worth $18.7M.
- Ken Fisher added most to UBS AG FI Enhanced Global High Yield ETN in Q4 2016, an estimated $353M increase.
- Ken Fisher's biggest Q4 2016 reduction was FI Enhanced Global High Yield Exchange Traded Notes, cutting an estimated $315M.
- Ken Fisher fully exited Cabela's Inc in Q4 2016, selling an estimated $56.7M.
- Ken Fisher's ten largest holdings make up 22% of its $57.4B portfolio in Q4 2016.
- Ken Fisher opened 61 new positions and closed 54 in Q4 2016.
- Ken Fisher's portfolio value rose 2% quarter-over-quarter to $57.4B.
Based on Fisher Asset Management's 13F filing for Q4 2016, filed 10 Jan 2017.