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 |
Walmart Inc
WMT
|
+$323M |
| 2 |
JD.com
JD
|
+$141M |
| 3 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$90.2M |
| 4 |
America Movil
AMX
|
+$62.6M |
| 5 |
FIHD
UBS AG FI Enhanced Global High Yield ETN
FIHD
|
+$60.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$351M |
| 2 |
EMBJ
Embraer S.A. ADS
EMBJ
|
+$104M |
| 3 |
FEIC
FEI COMPANY
FEIC
|
+$39.1M |
| 4 |
FIGY
Barclays ETN+ FI Enhanced Global High Yield ETN
FIGY
|
+$36.1M |
| 5 |
FBGX
UBS AG FI Enhanced Large Cap Growth ETN
FBGX
|
+$28.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.08% |
| 2 | Healthcare | 14.41% |
| 3 | Technology | 13.36% |
| 4 | Consumer Discretionary | 8.06% |
| 5 | Industrials | 6.42% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
426
iShares Global Healthcare ETF
IXJ
$4.11B
| $1.82M | ﹤0.01% |
35,248
+11,004
| +45% | +$549K |
|
|
SPNE
427
DELISTED
SeaSpine Holdings Corporation Common Stock
SPNE
| $1.8M | ﹤0.01% |
166,421
| – | – |
|
428
Verizon
VZ
$193B
| $1.78M | ﹤0.01% |
31,770
-1,734
| -5% | -$89.9K |
|
429
Toronto Dominion Bank
TD
$198B
| $1.77M | ﹤0.01% |
41,900
+2,840
| +7% | +$124K |
|
430
Colgate-Palmolive
CL
$73.3B
| $1.77M | ﹤0.01% |
23,721
+2,595
| +12% | +$185K |
|
431
Telkom Indonesia
TLK
$14.4B
| $1.71M | ﹤0.01% |
54,670
+7,708
| +16% | +$214K |
|
432
Halliburton
HAL
$26.4B
| $1.69M | ﹤0.01% |
38,036
+13,236
| +53% | +$544K |
|
|
IL
433
DELISTED
IntraLinks Holdings Inc.
IL
| $1.64M | ﹤0.01% |
243,211
| – | – |
|
|
DISCK
434
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $1.52M | ﹤0.01% |
62,862
-2,906
| -4% | -$76.7K |
|
435
Comscore
SCOR
$112M
| $1.52M | ﹤0.01% |
2,807
| – | – |
|
436
Philip Morris
PM
$299B
| $1.35M | ﹤0.01% |
13,059
-725
| -5% | -$72.3K |
|
437
ServiceNow
NOW
$114B
| $1.35M | ﹤0.01% |
97,860
| – | – |
|
438
ResMed
RMD
$30.3B
| $1.35M | ﹤0.01% |
20,950
| – | – |
|
|
CWEI
439
DELISTED
Clayton Williams Energy, Inc.
CWEI
| $1.34M | ﹤0.01% |
48,981
| – | – |
|
|
HOLX
440
DELISTED
Hologic
HOLX
| $1.34M | ﹤0.01% |
37,600
-10,020
| -21% | -$347K |
|
|
INN
441
Summit Hotel Properties
INN
$748M
| $1.34M | ﹤0.01% |
95,743
-31,348
| -25% | -$374K |
|
|
TWX
442
DELISTED
Time Warner Inc
TWX
| $1.32M | ﹤0.01% |
16,823
+3,254
| +24% | +$241K |
|
443
iShares MSCI ACWI ETF
ACWI
$32.7B
| $1.31M | ﹤0.01% |
23,026
+3,468
| +18% | +$196K |
|
|
SPLK
444
DELISTED
Splunk Inc
SPLK
| $1.3M | ﹤0.01% |
22,648
| – | – |
|
445
Incyte
INCY
$24.9B
| $1.26M | ﹤0.01% |
14,818
-21
| -0.1% | -$1.63K |
|
|
CLDT
446
Chatham Lodging
CLDT
$622M
| $1.24M | ﹤0.01% |
54,276
-11,253
| -17% | -$240K |
|
|
FNBC
447
DELISTED
First NBC Bank Holding Company
FNBC
| $1.24M | ﹤0.01% |
66,918
-19,400
| -22% | -$366K |
|
|
ACC
448
DELISTED
American Campus Communities, Inc.
ACC
| $1.2M | ﹤0.01% |
22,725
| – | – |
|
449
State Street SPDR Portfolio Mortgage Backed Bond ETF
SPMB
$6.98B
| $1.15M | ﹤0.01% |
42,225
-1,348
| -3% | -$36.5K |
|
|
BNCN
450
DELISTED
BNC Bancorp
BNCN
| $1.13M | ﹤0.01% |
48,829
-15,377
| -24% | -$346K |
|
Similar funds
Ken Fisher's Q2 2016 Portfolio in Review
As of Q2 2016, Ken Fisher held 787 positions worth $53.9B, up 2.4% from $52.6B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Fisher's Q2 2016 filing shows 43 new, 284 increased, 281 reduced and 42 closed positions. Its largest new stake was DST Systems Inc.: 280,332 shares worth $16.9M. The largest sale was Amazon, an estimated $351M.
By sector, the portfolio is most concentrated in Financials at 17% of assets, down from 18% a quarter earlier, followed by Healthcare and Technology.
- Ken Fisher's largest Q2 2016 buy was DST Systems Inc.: 280,332 shares worth $16.9M.
- Ken Fisher added most to Walmart Inc in Q2 2016, an estimated $323M increase.
- Ken Fisher's biggest Q2 2016 reduction was Amazon, cutting an estimated $351M.
- Ken Fisher fully exited Embraer S.A. ADS in Q2 2016, selling an estimated $104M.
- Ken Fisher's ten largest holdings make up 23% of its $53.9B portfolio in Q2 2016.
- Ken Fisher opened 43 new positions and closed 42 in Q2 2016.
- Ken Fisher's portfolio value rose 2.4% quarter-over-quarter to $53.9B.
Based on Fisher Asset Management's 13F filing for Q2 2016, filed 12 Jul 2016.