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 |
Alphabet (Google) Class A
GOOGL
|
+$702M |
| 2 |
CAA
CalAtlantic Group, Inc.
CAA
|
+$90.3M |
| 3 |
America Movil
AMX
|
+$71.3M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$62.1M |
| 5 |
Stratasys
SSYS
|
+$53.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class C
GOOG
|
+$671M |
| 2 |
RYL
RYLAND GROUP INC
RYL
|
+$90.9M |
| 3 |
PMCS
P M C SIERRA INC
PMCS
|
+$76.3M |
| 4 |
BMR
BIOMED REALTY TRUST INC
BMR
|
+$40.1M |
| 5 |
HPY
HEARTLAND PAYMENT SYSTEMS, INC. COM STK
HPY
|
+$38.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.64% |
| 2 | Healthcare | 14.19% |
| 3 | Technology | 13.13% |
| 4 | Consumer Discretionary | 7.98% |
| 5 | Industrials | 6.61% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
426
Energizer
ENR
$1.44B
| $1.84M | ﹤0.01% |
53,995
+5
| +0% | +$191 |
|
427
AT&T
T
$159B
| $1.79M | ﹤0.01% |
68,720
-11,966
| -15% | -$304K |
|
|
DISCK
428
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $1.78M | ﹤0.01% |
70,576
-352
| -0.5% | -$9.62K |
|
|
BNCN
429
DELISTED
BNC Bancorp
BNCN
| $1.63M | ﹤0.01% |
+64,206
| New | +$1.55M |
|
430
Camden Property Trust
CPT
$11B
| $1.61M | ﹤0.01% |
20,952
+548
| +3% | +$41.8K |
|
431
Incyte
INCY
$24.2B
| $1.61M | ﹤0.01% |
14,818
+323
| +2% | +$36K |
|
432
Philip Morris
PM
$297B
| $1.6M | ﹤0.01% |
18,222
+2,692
| +17% | +$234K |
|
433
Berkshire Hathaway Class A
BRK.A
$1.1T
| $1.58M | ﹤0.01% |
8
-2
| -20% | -$403K |
|
|
SNDK
434
DELISTED
SANDISK CORP
SNDK
| $1.55M | ﹤0.01% |
20,340
-211,336
| -91% | -$15.5M |
|
435
ServiceNow
NOW
$115B
| $1.53M | ﹤0.01% |
88,470
+3,935
| +5% | +$65K |
|
|
INN
436
Summit Hotel Properties
INN
$746M
| $1.5M | ﹤0.01% |
125,707
| – | – |
|
|
ALJ
437
DELISTED
Alon USA Energy Inc
ALJ
| $1.49M | ﹤0.01% |
100,700
| – | – |
|
438
DHT Holdings
DHT
$2.99B
| $1.48M | ﹤0.01% |
183,185
+29,363
| +19% | +$230K |
|
439
Toronto Dominion Bank
TD
$198B
| $1.48M | ﹤0.01% |
37,843
+33
| +0.1% | +$1.34K |
|
|
HT
440
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $1.46M | ﹤0.01% |
67,183
+9,615
| +17% | +$228K |
|
|
CWEI
441
DELISTED
Clayton Williams Energy, Inc.
CWEI
| $1.45M | ﹤0.01% |
48,981
+10,421
| +27% | +$546K |
|
442
Royal Bank of Canada
RY
$291B
| $1.45M | ﹤0.01% |
27,002
-18,500
| -41% | -$1.04M |
|
443
Colgate-Palmolive
CL
$73.1B
| $1.39M | ﹤0.01% |
20,890
+1,929
| +10% | +$128K |
|
444
State Street SPDR Portfolio Mortgage Backed Bond ETF
SPMB
$6.95B
| $1.35M | ﹤0.01% |
+50,507
| New | +$1.36M |
|
|
CLDT
445
Chatham Lodging
CLDT
$622M
| $1.34M | ﹤0.01% |
65,654
+116
| +0.2% | +$2.6K |
|
446
Vanguard S&P 500 ETF
VOO
$979B
| $1.34M | ﹤0.01% |
7,170
+1,440
| +25% | +$271K |
|
447
Lowe's Companies
LOW
$117B
| $1.31M | ﹤0.01% |
17,266
+7,366
| +74% | +$547K |
|
448
Prothena Corp
PRTA
$425M
| $1.3M | ﹤0.01% |
19,040
| – | – |
|
449
McDonald's
MCD
$192B
| $1.27M | ﹤0.01% |
10,785
+1,941
| +22% | +$217K |
|
|
NAB
450
DELISTED
NATL AUSTRALIA BK LTD ADS5
NAB
| $1.26M | ﹤0.01% |
114,669
+3,435
| +3% | +$37.7K |
|
Similar funds
Ken Fisher's Q4 2015 Portfolio in Review
As of Q4 2015, Ken Fisher held 832 positions worth $51.9B, up 8.1% from $48B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Fisher's Q4 2015 filing shows 117 new, 382 increased, 189 reduced and 39 closed positions. Its largest new stake was Alphabet (Google) Class A: 18,980,280 shares worth $738M. The largest sale was Alphabet (Google) Class C, an estimated $671M.
By sector, the portfolio is most concentrated in Financials at 20% of assets, down from 20% a quarter earlier, followed by Healthcare and Technology.
- Ken Fisher's largest Q4 2015 buy was Alphabet (Google) Class A: 18,980,280 shares worth $738M.
- Ken Fisher added most to CalAtlantic Group, Inc. in Q4 2015, an estimated $90.3M increase.
- Ken Fisher's biggest Q4 2015 reduction was Alphabet (Google) Class C, cutting an estimated $671M.
- Ken Fisher fully exited RYLAND GROUP INC in Q4 2015, selling an estimated $90.9M.
- Ken Fisher's ten largest holdings make up 23% of its $51.9B portfolio in Q4 2015.
- Ken Fisher opened 117 new positions and closed 39 in Q4 2015.
- Ken Fisher's portfolio value rose 8.1% quarter-over-quarter to $51.9B.
Based on Fisher Asset Management's 13F filing for Q4 2015, filed 14 Jan 2016.