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 | |
|---|---|---|---|---|---|---|
401
B&G Foods
BGS
$287M
| $1.49M | ﹤0.01% |
34,115
-26,962
| -44% | -$1.2M |
|
402
Ethan Allen Interiors
ETD
$570M
| $1.49M | ﹤0.01% |
40,517
-43,423
| -52% | -$1.45M |
|
403
Installed Building Products
IBP
$6.01B
| $1.49M | ﹤0.01% |
35,982
-39,793
| -53% | -$1.52M |
|
|
MDC
404
DELISTED
M.D.C. Holdings, Inc.
MDC
| $1.48M | ﹤0.01% |
72,874
-66,966
| -48% | -$1.25M |
|
405
M/I Homes
MHO
$3.74B
| $1.47M | ﹤0.01% |
58,427
-62,599
| -52% | -$1.47M |
|
406
Semtech
SMTC
$11B
| $1.47M | ﹤0.01% |
46,493
-52,494
| -53% | -$1.47M |
|
407
Comfort Systems
FIX
$60.9B
| $1.46M | ﹤0.01% |
43,964
-46,658
| -51% | -$1.45M |
|
408
ServiceNow
NOW
$115B
| $1.46M | ﹤0.01% |
98,440
| – | – |
|
409
Petrobras Class A
PBR.A
$111B
| $1.45M | ﹤0.01% |
164,202
| – | – |
|
410
Renasant Corp
RNST
$3.98B
| $1.44M | ﹤0.01% |
34,165
-37,286
| -52% | -$1.41M |
|
|
IL
411
DELISTED
IntraLinks Holdings Inc.
IL
| $1.44M | ﹤0.01% |
106,548
-79,316
| -43% | -$884K |
|
412
Banc of California
BANC
$3.03B
| $1.44M | ﹤0.01% |
82,758
-85,410
| -51% | -$1.31M |
|
|
AFAM
413
DELISTED
Almost Family Inc
AFAM
| $1.43M | ﹤0.01% |
32,451
-32,681
| -50% | -$1.33M |
|
|
TWX
414
DELISTED
Time Warner Inc
TWX
| $1.43M | ﹤0.01% |
14,803
+132
| +0.9% | +$11.8K |
|
415
AMERISAFE
AMSF
$543M
| $1.41M | ﹤0.01% |
22,546
-24,131
| -52% | -$1.46M |
|
|
DISCK
416
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $1.39M | ﹤0.01% |
52,022
-3,470
| -6% | -$91.5K |
|
|
COWN
417
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $1.39M | ﹤0.01% |
89,876
-79,931
| -47% | -$1.15M |
|
418
PetMed Express
PETS
$41.7M
| $1.39M | ﹤0.01% |
60,164
-55,289
| -48% | -$1.18M |
|
|
CSFL
419
DELISTED
CenterState Bank Corporation Common Stock
CSFL
| $1.36M | ﹤0.01% |
54,136
-32,323
| -37% | -$687K |
|
|
MCHB
420
Mechanics Bancorp
MCHB
$3.72B
| $1.35M | ﹤0.01% |
42,841
-45,099
| -51% | -$1.29M |
|
|
PMC
421
DELISTED
PharMerica Corporation
PMC
| $1.34M | ﹤0.01% |
53,312
-36,309
| -41% | -$917K |
|
|
FARO
422
DELISTED
Faro Technologies
FARO
| $1.32M | ﹤0.01% |
36,738
-12,431
| -25% | -$443K |
|
|
IFX
423
DELISTED
INFINEON TECH AG ADS(REP1 ORD)
IFX
| $1.31M | ﹤0.01% |
75,428
| – | – |
|
424
Quanex
NX
$819M
| $1.31M | ﹤0.01% |
64,464
-61,729
| -49% | -$1.14M |
|
425
Banner Corp
BANR
$2.39B
| $1.31M | ﹤0.01% |
23,444
-22,620
| -49% | -$1.11M |
|
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.