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 |
FIHD
UBS AG FI Enhanced Global High Yield ETN
FIHD
|
+$353M |
| 2 |
Televisa
TV
|
+$92.4M |
| 3 |
FLGE
Credit Suisse FI Large Cap Growth Enhanced Exchange Traded Notes
FLGE
|
+$38.2M |
| 4 |
DST
DST Systems Inc.
DST
|
+$36.8M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$27M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FIEG
FI Enhanced Global High Yield Exchange Traded Notes
FIEG
|
+$315M |
| 2 |
CAB
Cabela's Inc
CAB
|
+$56.7M |
| 3 |
NXP Semiconductors
NXPI
|
+$48.7M |
| 4 |
TSMC
TSM
|
+$24.7M |
| 5 |
FIGY
Barclays ETN+ FI Enhanced Global High Yield ETN
FIGY
|
+$23.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.9% |
| 2 | Technology | 14.05% |
| 3 | Healthcare | 12.4% |
| 4 | Consumer Discretionary | 7.69% |
| 5 | Industrials | 6.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
426
ResMed
RMD
$30.6B
| $1.3M | ﹤0.01% |
20,950
| – | – |
|
427
Entravision Communication
EVC
$1.03B
| $1.3M | ﹤0.01% |
185,572
-127,363
| -41% | -$865K |
|
428
Verizon
VZ
$195B
| $1.28M | ﹤0.01% |
23,977
-4,403
| -16% | -$220K |
|
|
NSA
429
DELISTED
National Storage Affiliates Trust
NSA
| $1.27M | ﹤0.01% |
57,426
-52,759
| -48% | -$1.07M |
|
430
Philip Morris
PM
$297B
| $1.26M | ﹤0.01% |
13,754
+711
| +5% | +$65.9K |
|
431
Werner Enterprises
WERN
$2.24B
| $1.26M | ﹤0.01% |
46,624
-44,652
| -49% | -$1.15M |
|
|
SCLN
432
DELISTED
Sciclone Pharmaceuticals Inc
SCLN
| $1.25M | ﹤0.01% |
116,217
-106,610
| -48% | -$1.07M |
|
433
Rexford Industrial Realty
REXR
$8.42B
| $1.22M | ﹤0.01% |
52,734
-35,889
| -40% | -$788K |
|
434
Berkshire Hathaway Class A
BRK.A
$1.1T
| $1.22M | ﹤0.01% |
5
| – | – |
|
435
UnitedHealth
UNH
$376B
| $1.21M | ﹤0.01% |
7,576
+3,794
| +100% | +$567K |
|
|
IRBT
436
DELISTED
iRobot
IRBT
| $1.21M | ﹤0.01% |
20,733
| – | – |
|
437
Covenant Logistics
CVLG
$894M
| $1.21M | ﹤0.01% |
125,024
-114,458
| -48% | -$1.07M |
|
438
State Street SPDR S&P 500 ETF Trust
SPY
$790B
| $1.2M | ﹤0.01% |
5,351
+2,430
| +83% | +$531K |
|
|
SPLK
439
DELISTED
Splunk Inc
SPLK
| $1.17M | ﹤0.01% |
22,871
| – | – |
|
440
Knowles
KN
$3.13B
| $1.16M | ﹤0.01% |
69,640
-50,635
| -42% | -$790K |
|
441
iShares Russell 2000 Value ETF
IWN
$14.3B
| $1.15M | ﹤0.01% |
9,654
-302
| -3% | -$33.4K |
|
|
WLH
442
DELISTED
WILLIAM LYON HOMES
WLH
| $1.13M | ﹤0.01% |
59,279
-53,214
| -47% | -$1.01M |
|
443
F5
FFIV
$22.9B
| $1.13M | ﹤0.01% |
7,783
-203
| -3% | -$27.5K |
|
|
NAB
444
DELISTED
NATL AUSTRALIA BK LTD ADS5
NAB
| $1.12M | ﹤0.01% |
100,845
| – | – |
|
|
BFX
445
DELISTED
BowFlex Inc.
BFX
| $1.11M | ﹤0.01% |
60,169
-58,216
| -49% | -$1.08M |
|
446
ConocoPhillips
COP
$147B
| $1.07M | ﹤0.01% |
21,414
+13,468
| +169% | +$621K |
|
|
IXYS
447
DELISTED
IXYS Corp
IXYS
| $1.07M | ﹤0.01% |
89,689
-31,962
| -26% | -$363K |
|
|
CONE
448
DELISTED
CyrusOne Inc Common Stock
CONE
| $1.06M | ﹤0.01% |
23,734
-21,799
| -48% | -$966K |
|
449
Booking.com
BKNG
$149B
| $1.05M | ﹤0.01% |
17,925
-400
| -2% | -$23.9K |
|
|
PTLA
450
DELISTED
Portola Pharmaceuticals, Inc.
PTLA
| $1.05M | ﹤0.01% |
46,637
-36,100
| -44% | -$705K |
|
Similar funds
Ken Fisher's Q4 2016 Portfolio in Review
As of Q4 2016, Ken Fisher held 837 positions worth $57.4B, up 2% from $56.3B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Ken Fisher's Q4 2016 filing shows 61 new, 208 increased, 401 reduced and 54 closed positions. Its largest new stake was Barclays ETN+ FI Enhanced Europe 50 ETN Series B: 174,286 shares worth $18.7M. The largest sale was FI Enhanced Global High Yield Exchange Traded Notes, an estimated $315M.
By sector, the portfolio is most concentrated in Financials at 20% of assets, up from 17% a quarter earlier, followed by Technology and Healthcare.
- Ken Fisher's largest Q4 2016 buy was Barclays ETN+ FI Enhanced Europe 50 ETN Series B: 174,286 shares worth $18.7M.
- Ken Fisher added most to UBS AG FI Enhanced Global High Yield ETN in Q4 2016, an estimated $353M increase.
- Ken Fisher's biggest Q4 2016 reduction was FI Enhanced Global High Yield Exchange Traded Notes, cutting an estimated $315M.
- Ken Fisher fully exited Cabela's Inc in Q4 2016, selling an estimated $56.7M.
- Ken Fisher's ten largest holdings make up 22% of its $57.4B portfolio in Q4 2016.
- Ken Fisher opened 61 new positions and closed 54 in Q4 2016.
- Ken Fisher's portfolio value rose 2% quarter-over-quarter to $57.4B.
Based on Fisher Asset Management's 13F filing for Q4 2016, filed 10 Jan 2017.