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 | |
|---|---|---|---|---|---|---|
|
BNY
401
Bank of New York Mellon
BNY
$106B
| $432K | ﹤0.01% |
10,637
| – | – |
|
402
PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund
HYS
$1.75B
| $426K | ﹤0.01% |
4,229
+999
| +31% | +$103K |
|
403
Pacira BioSciences
PCRX
$1.04B
| $426K | ﹤0.01% |
+4,800
| New | +$454K |
|
404
Sumitomo Mitsui Financial
SMFG
$164B
| $423K | ﹤0.01% |
58,114
+33,687
| +138% | +$256K |
|
405
Elevance Health
ELV
$81.5B
| $416K | ﹤0.01% |
+3,314
| New | +$410K |
|
406
British American Tobacco
BTI
$131B
| $415K | ﹤0.01% |
7,698
+570
| +8% | +$32K |
|
|
CAM
407
DELISTED
CAMERON INTERNATIONAL CORPORATION
CAM
| $415K | ﹤0.01% |
8,314
| – | – |
|
408
Emerson Electric
EMR
$83.9B
| $411K | ﹤0.01% |
6,660
-1,657
| -20% | -$104K |
|
|
FNFV
409
DELISTED
Fidelity Natl Financial, Inc.
FNFV
| $411K | ﹤0.01% |
34,260
| – | – |
|
410
Kimberly-Clark
KMB
$36.3B
| $406K | ﹤0.01% |
3,514
+318
| +10% | +$35.3K |
|
411
Kinder Morgan
KMI
$71.7B
| $405K | ﹤0.01% |
+9,569
| New | +$377K |
|
412
Williams Companies
WMB
$87.5B
| $404K | ﹤0.01% |
8,981
+4,774
| +113% | +$244K |
|
413
Costco
COST
$422B
| $401K | ﹤0.01% |
2,828
+1,226
| +77% | +$167K |
|
414
General Mills
GIS
$19.1B
| $401K | ﹤0.01% |
7,527
+135
| +2% | +$6.98K |
|
415
Southern Company
SO
$109B
| $401K | ﹤0.01% |
+8,170
| New | +$386K |
|
|
PCYC
416
DELISTED
PHARMACYCLICS INC
PCYC
| $399K | ﹤0.01% |
3,264
+20
| +0.6% | +$2.56K |
|
417
Vodafone
VOD
$36.3B
| $388K | ﹤0.01% |
11,369
-1,137
| -9% | -$38.3K |
|
418
Eastman Chemical
EMN
$8B
| $372K | ﹤0.01% |
4,909
-160
| -3% | -$12.7K |
|
419
State Street SPDR S&P Pharmaceuticals ETF
XPH
$476M
| $370K | ﹤0.01% |
+6,850
| New | +$374K |
|
420
Capital Southwest
CSWC
$1.47B
| $364K | ﹤0.01% |
26,150
| – | – |
|
421
General Motors
GM
$80.4B
| $361K | ﹤0.01% |
+10,341
| New | +$330K |
|
422
Clorox
CLX
$11.6B
| $360K | ﹤0.01% |
3,452
+981
| +40% | +$98.1K |
|
423
PLDT
PHI
$4.25B
| $360K | ﹤0.01% |
5,696
| – | – |
|
424
Invesco Dorsey Wright Financial Momentum ETF
PFI
$59.5M
| $357K | ﹤0.01% |
11,602
| – | – |
|
|
DTV
425
DELISTED
DIRECTV COM STK (DE)
DTV
| $351K | ﹤0.01% |
4,051
+140
| +4% | +$12K |
|
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.