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 | |
|---|---|---|---|---|---|---|
451
Vanguard Information Technology ETF
VGT
$140B
| $1.19M | ﹤0.01% |
87,928
+62,464
| +245% | +$852K |
|
|
SPLK
452
DELISTED
Splunk Inc
SPLK
| $1.19M | ﹤0.01% |
20,243
+777
| +4% | +$44.5K |
|
|
IFX
453
DELISTED
INFINEON TECH AG ADS(REP1 ORD)
IFX
| $1.11M | ﹤0.01% |
75,428
-39
| -0.1% | -$572 |
|
|
EGRX
454
DELISTED
Eagle Pharmaceuticals, Inc.
EGRX
| $1.1M | ﹤0.01% |
12,461
| – | – |
|
|
ACC
455
DELISTED
American Campus Communities, Inc.
ACC
| $1.07M | ﹤0.01% |
26,011
+1,028
| +4% | +$40.5K |
|
456
Salesforce
CRM
$154B
| $1.07M | ﹤0.01% |
13,593
+8,987
| +195% | +$702K |
|
|
CNCE
457
DELISTED
Concert Pharmaceuticals, Inc.
CNCE
| $1.06M | ﹤0.01% |
55,934
| – | – |
|
458
iShares Russell 2000 Value ETF
IWN
$14.5B
| $1.03M | ﹤0.01% |
11,260
-70
| -0.6% | -$6.65K |
|
|
AGN
459
DELISTED
Allergan plc
AGN
| $1.03M | ﹤0.01% |
3,306
+121
| +4% | +$36K |
|
460
Booking.com
BKNG
$149B
| $1.03M | ﹤0.01% |
20,125
+300
| +2% | +$15.8K |
|
461
Telkom Indonesia
TLK
$15B
| $1.02M | ﹤0.01% |
46,136
| – | – |
|
462
ResMed
RMD
$31.1B
| $1.02M | ﹤0.01% |
19,025
| – | – |
|
|
EMC
463
DELISTED
EMC CORPORATION
EMC
| $1.01M | ﹤0.01% |
39,473
+17,702
| +81% | +$460K |
|
|
Y
464
DELISTED
Alleghany Corp
Y
| $1.01M | ﹤0.01% |
2,113
+63
| +3% | +$31.1K |
|
|
GLUU
465
DELISTED
Glu Mobile Inc.
GLUU
| $1M | ﹤0.01% |
413,527
+49,457
| +14% | +$170K |
|
466
VanEck Vietnam ETF
VNM
$506M
| $976K | ﹤0.01% |
66,000
+3,100
| +5% | +$50.2K |
|
467
Lincoln National
LNC
$8.76B
| $961K | ﹤0.01% |
19,119
-26
| -0.1% | -$1.36K |
|
468
Principal Financial Group
PFG
$24.6B
| $933K | ﹤0.01% |
20,752
+727
| +4% | +$35.5K |
|
|
WW
469
DELISTED
WW International
WW
| $912K | ﹤0.01% |
+40,000
| New | +$754K |
|
|
N
470
DELISTED
Netsuite Inc
N
| $908K | ﹤0.01% |
10,726
+360
| +3% | +$30.8K |
|
471
State Street Energy Select Sector SPDR ETF
XLE
$38.8B
| $899K | ﹤0.01% |
29,822
+10,566
| +55% | +$348K |
|
472
Starbucks
SBUX
$120B
| $892K | ﹤0.01% |
14,855
+824
| +6% | +$50.2K |
|
473
Westamerica Bancorp
WABC
$1.39B
| $866K | ﹤0.01% |
18,517
| – | – |
|
474
State Street SPDR S&P 500 ETF Trust
SPY
$803B
| $862K | ﹤0.01% |
4,228
-627
| -13% | -$129K |
|
|
PGNX
475
DELISTED
Progenics Pharmaceuticals Inc
PGNX
| $859K | ﹤0.01% |
140,191
+56,941
| +68% | +$373K |
|
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.