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 |
AB InBev
BUD
|
+$543M |
| 2 |
ExxonMobil
XOM
|
+$75.8M |
| 3 |
Trip.com Group
TCOM
|
+$57M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$56.8M |
| 5 |
Alibaba
BABA
|
+$52.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Toyota
TM
|
+$571M |
| 2 |
Chevron
CVX
|
+$76.5M |
| 3 |
SFG
STANCORP FINL GRP
SFG
|
+$39.1M |
| 4 |
NVO
Novo Nordisk
NVO
|
+$36.4M |
| 5 |
Gilead Sciences
GILD
|
+$25.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 20.2% |
| 2 | Healthcare | 14.84% |
| 3 | Technology | 13.02% |
| 4 | Consumer Discretionary | 7.11% |
| 5 | Industrials | 6.4% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CMCSK
426
DELISTED
COMCAST CORP SPL A (NEW)
CMCSK
| $1.44M | ﹤0.01% |
25,063
-458
| -2% | -$26.2K |
|
|
CLDT
427
Chatham Lodging
CLDT
$622M
| $1.41M | ﹤0.01% |
+65,538
| New | +$1.63M |
|
428
HP
HPQ
$24.9B
| $1.37M | ﹤0.01% |
117,728
+85,090
| +261% | +$1.11M |
|
|
HT
429
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $1.3M | ﹤0.01% |
+57,568
| New | +$1.47M |
|
430
Verizon
VZ
$195B
| $1.28M | ﹤0.01% |
29,351
-625
| -2% | -$28.8K |
|
431
Philip Morris
PM
$297B
| $1.23M | ﹤0.01% |
15,530
-2,496
| -14% | -$205K |
|
432
Colgate-Palmolive
CL
$73.1B
| $1.2M | ﹤0.01% |
18,961
+8,069
| +74% | +$527K |
|
433
McKesson
MCK
$100B
| $1.19M | ﹤0.01% |
+6,433
| New | +$1.36M |
|
434
ServiceNow
NOW
$115B
| $1.17M | ﹤0.01% |
84,535
+8,035
| +11% | +$120K |
|
|
NAB
435
DELISTED
NATL AUSTRALIA BK LTD ADS5
NAB
| $1.17M | ﹤0.01% |
111,234
-48,717
| -30% | -$513K |
|
436
DHT Holdings
DHT
$2.99B
| $1.14M | ﹤0.01% |
+153,822
| New | +$1.19M |
|
437
iShares National Muni Bond ETF
MUB
$45.1B
| $1.11M | ﹤0.01% |
+10,145
| New | +$1.1M |
|
|
SPLK
438
DELISTED
Splunk Inc
SPLK
| $1.08M | ﹤0.01% |
19,466
+3,044
| +19% | +$199K |
|
|
CNCE
439
DELISTED
Concert Pharmaceuticals, Inc.
CNCE
| $1.05M | ﹤0.01% |
+55,934
| New | +$951K |
|
440
iShares Russell 2000 Value ETF
IWN
$14.3B
| $1.02M | ﹤0.01% |
11,330
+70
| +0.6% | +$6.72K |
|
441
Vanguard S&P 500 ETF
VOO
$979B
| $1.01M | ﹤0.01% |
5,730
+165
| +3% | +$30.7K |
|
442
Booking.com
BKNG
$149B
| $981K | ﹤0.01% |
19,825
+425
| +2% | +$21.1K |
|
443
VanEck Vietnam ETF
VNM
$491M
| $974K | ﹤0.01% |
62,900
+900
| +1% | +$15.5K |
|
444
ResMed
RMD
$30.6B
| $970K | ﹤0.01% |
+19,025
| New | +$1.02M |
|
|
Y
445
DELISTED
Alleghany Corp
Y
| $960K | ﹤0.01% |
+2,050
| New | +$986K |
|
|
APC
446
DELISTED
Anadarko Petroleum
APC
| $951K | ﹤0.01% |
15,747
+5,235
| +50% | +$372K |
|
447
Principal Financial Group
PFG
$24.3B
| $948K | ﹤0.01% |
+20,025
| New | +$1.04M |
|
448
Align Technology
ALGN
$12.1B
| $941K | ﹤0.01% |
16,578
+6,050
| +57% | +$361K |
|
449
State Street SPDR S&P 500 ETF Trust
SPY
$795B
| $930K | ﹤0.01% |
4,855
-991
| -17% | -$201K |
|
|
EGRX
450
DELISTED
Eagle Pharmaceuticals, Inc.
EGRX
| $922K | ﹤0.01% |
+12,461
| New | +$1.04M |
|
Similar funds
Ken Fisher's Q3 2015 Portfolio in Review
As of Q3 2015, Ken Fisher held 777 positions worth $48B, down 6.7% from $51.4B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Fisher's Q3 2015 filing shows 146 new, 253 increased, 242 reduced and 62 closed positions. Its largest new stake was First American: 571,175 shares worth $22.3M. The largest sale was Toyota, an estimated $571M.
By sector, the portfolio is most concentrated in Financials at 20% of assets, down from 21% a quarter earlier, followed by Healthcare and Technology.
- Ken Fisher's largest Q3 2015 buy was First American: 571,175 shares worth $22.3M.
- Ken Fisher added most to AB InBev in Q3 2015, an estimated $543M increase.
- Ken Fisher's biggest Q3 2015 reduction was Toyota, cutting an estimated $571M.
- Ken Fisher fully exited STANCORP FINL GRP in Q3 2015, selling an estimated $39.1M.
- Ken Fisher's ten largest holdings make up 23% of its $48B portfolio in Q3 2015.
- Ken Fisher opened 146 new positions and closed 62 in Q3 2015.
- Ken Fisher's portfolio value fell 6.7% quarter-over-quarter to $48B.
Based on Fisher Asset Management's 13F filing for Q3 2015, filed 20 Oct 2015.