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 |
BAY
BAYER AG SPONS ADR
BAY
|
+$294M |
| 2 |
Alibaba
BABA
|
+$112M |
| 3 |
Infosys
INFY
|
+$57.7M |
| 4 |
HDFC Bank
HDB
|
+$57.1M |
| 5 |
TTM
Tata Motors Limited
TTM
|
+$49.1M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Royal Bank of Canada
RY
|
+$428M |
| 2 |
BHP
BHP
|
+$107M |
| 3 |
Rio Tinto
RIO
|
+$55.7M |
| 4 |
Qorvo
QRVO
|
+$52.2M |
| 5 |
OUTR
OUTERWALL INC
OUTR
|
+$43.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 20.5% |
| 2 | Healthcare | 14.68% |
| 3 | Technology | 13.07% |
| 4 | Consumer Discretionary | 7.61% |
| 5 | Industrials | 6.7% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
426
Insulet
PODD
$11.5B
| $297K | ﹤0.01% |
9,588
| – | – |
|
427
Apple Hospitality REIT
APLE
$3.92B
| $292K | ﹤0.01% |
+15,485
| New | +$290K |
|
428
State Street SPDR Bloomberg Short Term High Yield Bond ETF
SJNK
$4.89B
| $292K | ﹤0.01% |
10,108
+1,358
| +16% | +$39.6K |
|
429
Clorox
CLX
$11.7B
| $290K | ﹤0.01% |
2,788
+53
| +2% | +$5.72K |
|
430
General Motors
GM
$80B
| $290K | ﹤0.01% |
8,688
-1,042
| -11% | -$37.2K |
|
431
Regeneron Pharmaceuticals
REGN
$76B
| $288K | ﹤0.01% |
565
+31
| +6% | +$15.1K |
|
432
SPDR Gold Trust
GLD
$133B
| $286K | ﹤0.01% |
+2,545
| New | +$291K |
|
|
TWX
433
DELISTED
Time Warner Inc
TWX
| $279K | ﹤0.01% |
3,194
-143
| -4% | -$12.2K |
|
|
MDVN
434
DELISTED
MEDIVATION, INC.
MDVN
| $274K | ﹤0.01% |
4,800
| – | – |
|
|
DD
435
DELISTED
Du Pont De Nemours E I
DD
| $272K | ﹤0.01% |
4,481
+1,300
| +41% | +$87.5K |
|
|
WBK
436
DELISTED
Westpac Banking Corporation
WBK
| $269K | ﹤0.01% |
10,881
| – | – |
|
437
Northrop Grumman
NOC
$76B
| $268K | ﹤0.01% |
1,688
+38
| +2% | +$6.08K |
|
|
MON
438
DELISTED
Monsanto Co
MON
| $266K | ﹤0.01% |
2,490
+151
| +6% | +$17.5K |
|
439
Texas Instruments
TXN
$255B
| $260K | ﹤0.01% |
5,055
-388
| -7% | -$21.4K |
|
440
iShares Russell 1000 Growth ETF
IWF
$120B
| $258K | ﹤0.01% |
+10,420
| New | +$262K |
|
441
Baxter International
BAX
$13.8B
| $255K | ﹤0.01% |
+6,723
| New | +$251K |
|
442
Target
TGT
$65.6B
| $255K | ﹤0.01% |
3,128
+178
| +6% | +$14.4K |
|
|
OUBS
443
DELISTED
USB AG (NEW)
OUBS
| $254K | ﹤0.01% |
11,955
-10,878
| -48% | -$231K |
|
444
Marathon Petroleum
MPC
$91.7B
| $244K | ﹤0.01% |
4,666
+650
| +16% | +$33.1K |
|
|
WNS
445
DELISTED
WNS Holdings
WNS
| $244K | ﹤0.01% |
9,138
| – | – |
|
|
KRFT
446
DELISTED
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
| $244K | ﹤0.01% |
2,871
-756
| -21% | -$65.1K |
|
|
UN
447
DELISTED
Unilever NV New York Registry Shares
UN
| $244K | ﹤0.01% |
5,822
+2
| +0% | +$86 |
|
448
Yum! Brands
YUM
$43.3B
| $241K | ﹤0.01% |
+3,726
| New | +$236K |
|
449
Vodafone
VOD
$37.2B
| $238K | ﹤0.01% |
6,518
-5,317
| -45% | -$192K |
|
450
Becton Dickinson
BDX
$45.6B
| $235K | ﹤0.01% |
1,697
+263
| +18% | +$36.3K |
|
Similar funds
Ken Fisher's Q2 2015 Portfolio in Review
As of Q2 2015, Ken Fisher held 665 positions worth $51.4B, up 2.8% from $50B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Ken Fisher's Q2 2015 filing shows 61 new, 277 increased, 210 reduced and 34 closed positions. Its largest new stake was Alibaba: 1,306,608 shares worth $107M. The largest sale was Royal Bank of Canada, an estimated $428M.
By sector, the portfolio is most concentrated in Financials at 21% of assets, up from 20% a quarter earlier, followed by Healthcare and Technology.
- Ken Fisher's largest Q2 2015 buy was Alibaba: 1,306,608 shares worth $107M.
- Ken Fisher added most to BAYER AG SPONS ADR in Q2 2015, an estimated $294M increase.
- Ken Fisher's biggest Q2 2015 reduction was Royal Bank of Canada, cutting an estimated $428M.
- Ken Fisher fully exited OUTERWALL INC in Q2 2015, selling an estimated $43.9M.
- Ken Fisher's ten largest holdings make up 22% of its $51.4B portfolio in Q2 2015.
- Ken Fisher opened 61 new positions and closed 34 in Q2 2015.
- Ken Fisher's portfolio value rose 2.8% quarter-over-quarter to $51.4B.
Based on Fisher Asset Management's 13F filing for Q2 2015, filed 17 Jul 2015.