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 |
FIEE
FI Enhanced Europe 50 ETN
FIEE
|
+$334M |
| 2 |
Goldman Sachs
GS
|
+$280M |
| 3 |
Capital One
COF
|
+$81.6M |
| 4 |
NXP Semiconductors
NXPI
|
+$78.2M |
| 5 |
Lloyds Banking Group
LYG
|
+$70.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FEEU
Barclays ETN+ FI Enhanced Europe 50 ETN
FEEU
|
+$267M |
| 2 |
Citigroup
C
|
+$175M |
| 3 |
Bank of America
BAC
|
+$112M |
| 4 |
CS
Credit Suisse Group
CS
|
+$109M |
| 5 |
American Express
AXP
|
+$77.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.39% |
| 2 | Technology | 14.47% |
| 3 | Healthcare | 13.22% |
| 4 | Consumer Discretionary | 8.36% |
| 5 | Industrials | 6.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
426
Toronto Dominion Bank
TD
$198B
| $1.8M | ﹤0.01% |
40,635
-1,265
| -3% | -$55.4K |
|
|
FARO
427
DELISTED
Faro Technologies
FARO
| $1.77M | ﹤0.01% |
49,169
-16,715
| -25% | -$567K |
|
428
Republic Services
RSG
$64.8B
| $1.77M | ﹤0.01% |
35,000
-5,335
| -13% | -$273K |
|
429
iShares MSCI ACWI ETF
ACWI
$32.9B
| $1.73M | ﹤0.01% |
29,325
+6,299
| +27% | +$367K |
|
|
ALJ
430
DELISTED
Alon USA Energy Inc
ALJ
| $1.72M | ﹤0.01% |
212,800
+47,400
| +29% | +$352K |
|
431
Knowles
KN
$3.13B
| $1.69M | ﹤0.01% |
120,275
-35,453
| -23% | -$502K |
|
|
SOHU
432
Sohu.com
SOHU
$362M
| $1.58M | ﹤0.01% |
+35,690
| New | +$1.44M |
|
433
ServiceNow
NOW
$115B
| $1.56M | ﹤0.01% |
98,440
+580
| +0.6% | +$8.55K |
|
434
ON Semiconductor
ON
$31.8B
| $1.55M | ﹤0.01% |
125,902
+30,502
| +32% | +$316K |
|
|
CSFL
435
DELISTED
CenterState Bank Corporation Common Stock
CSFL
| $1.53M | ﹤0.01% |
86,459
-31,130
| -26% | -$533K |
|
436
Verizon
VZ
$195B
| $1.48M | ﹤0.01% |
28,380
-3,390
| -11% | -$182K |
|
|
IXYS
437
DELISTED
IXYS Corp
IXYS
| $1.47M | ﹤0.01% |
121,651
-47,076
| -28% | -$537K |
|
|
DISCK
438
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $1.46M | ﹤0.01% |
55,492
-7,370
| -12% | -$183K |
|
439
Stewart Information Services
STC
$2.06B
| $1.44M | ﹤0.01% |
32,286
-11,902
| -27% | -$534K |
|
440
Incyte
INCY
$24.2B
| $1.41M | ﹤0.01% |
14,917
+99
| +0.7% | +$8.34K |
|
441
Petrobras Class A
PBR.A
$111B
| $1.36M | ﹤0.01% |
164,202
| – | – |
|
442
ResMed
RMD
$30.6B
| $1.36M | ﹤0.01% |
20,950
| – | – |
|
443
Comscore
SCOR
$106M
| $1.35M | ﹤0.01% |
2,196
-611
| -22% | -$347K |
|
|
IFX
444
DELISTED
INFINEON TECH AG ADS(REP1 ORD)
IFX
| $1.35M | ﹤0.01% |
75,428
| – | – |
|
|
SPLK
445
DELISTED
Splunk Inc
SPLK
| $1.34M | ﹤0.01% |
22,871
+223
| +1% | +$13.4K |
|
|
ADPT
446
DELISTED
Adeptus Health Inc
ADPT
| $1.29M | ﹤0.01% |
29,957
-8,104
| -21% | -$366K |
|
447
Vanguard S&P 500 ETF
VOO
$979B
| $1.29M | ﹤0.01% |
6,474
+4,454
| +220% | +$883K |
|
448
Philip Morris
PM
$297B
| $1.27M | ﹤0.01% |
13,043
-16
| -0.1% | -$1.6K |
|
449
PTC Therapeutics
PTCT
$5.68B
| $1.26M | ﹤0.01% |
89,642
| – | – |
|
|
TWX
450
DELISTED
Time Warner Inc
TWX
| $1.17M | ﹤0.01% |
14,671
-2,152
| -13% | -$168K |
|
Similar funds
Ken Fisher's Q3 2016 Portfolio in Review
As of Q3 2016, Ken Fisher held 812 positions worth $56.3B, up 4.5% from $53.9B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Fisher's Q3 2016 filing shows 67 new, 303 increased, 278 reduced and 36 closed positions. Its largest new stake was iShares Europe ETF: 130,527 shares worth $5.14M. The largest sale was Barclays ETN+ FI Enhanced Europe 50 ETN, an estimated $267M.
By sector, the portfolio is most concentrated in Financials at 17% of assets, up from 17% a quarter earlier, followed by Technology and Healthcare.
- Ken Fisher's largest Q3 2016 buy was iShares Europe ETF: 130,527 shares worth $5.14M.
- Ken Fisher added most to FI Enhanced Europe 50 ETN in Q3 2016, an estimated $334M increase.
- Ken Fisher's biggest Q3 2016 reduction was Barclays ETN+ FI Enhanced Europe 50 ETN, cutting an estimated $267M.
- Ken Fisher fully exited PrivateBancorp Inc in Q3 2016, selling an estimated $61.3M.
- Ken Fisher's ten largest holdings make up 23% of its $56.3B portfolio in Q3 2016.
- Ken Fisher opened 67 new positions and closed 36 in Q3 2016.
- Ken Fisher's portfolio value rose 4.5% quarter-over-quarter to $56.3B.
Based on Fisher Asset Management's 13F filing for Q3 2016, filed 11 Oct 2016.