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 | |
|---|---|---|---|---|---|---|
|
IFX
451
DELISTED
INFINEON TECH AG ADS(REP1 ORD)
IFX
| $1.11M | ﹤0.01% |
75,428
| – | – |
|
452
Berkshire Hathaway Class A
BRK.A
$1.1T
| $1.08M | ﹤0.01% |
5
-3
| -38% | -$643K |
|
453
Fortinet
FTNT
$113B
| $1.05M | ﹤0.01% |
155,875
| – | – |
|
|
ALJ
454
DELISTED
Alon USA Energy Inc
ALJ
| $1.02M | ﹤0.01% |
165,400
+64,700
| +64% | +$558K |
|
455
Petrobras Class A
PBR.A
$109B
| $1.02M | ﹤0.01% |
164,202
| – | – |
|
|
GLUU
456
DELISTED
Glu Mobile Inc.
GLUU
| $1M | ﹤0.01% |
413,527
| – | – |
|
|
HT
457
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $981K | ﹤0.01% |
52,945
-14,238
| -21% | -$269K |
|
458
VanEck Vietnam ETF
VNM
$502M
| $978K | ﹤0.01% |
66,000
-148
| -0.2% | -$2.13K |
|
|
NAB
459
DELISTED
NATL AUSTRALIA BK LTD ADS5
NAB
| $968K | ﹤0.01% |
102,719
-11,824
| -10% | -$111K |
|
460
Salesforce
CRM
$148B
| $959K | ﹤0.01% |
11,749
+3,143
| +37% | +$247K |
|
461
State Street SPDR S&P 500 ETF Trust
SPY
$784B
| $957K | ﹤0.01% |
4,486
-718
| -14% | -$149K |
|
462
Westamerica Bancorp
WABC
$1.38B
| $902K | ﹤0.01% |
18,517
| – | – |
|
463
F5
FFIV
$22.1B
| $898K | ﹤0.01% |
7,685
-108
| -1% | -$11.6K |
|
|
N
464
DELISTED
Netsuite Inc
N
| $897K | ﹤0.01% |
11,826
| – | – |
|
|
EMC
465
DELISTED
EMC CORPORATION
EMC
| $884K | ﹤0.01% |
32,145
-5,647
| -15% | -$153K |
|
466
McDonald's
MCD
$191B
| $881K | ﹤0.01% |
7,220
-2,450
| -25% | -$307K |
|
467
DHT Holdings
DHT
$2.99B
| $877K | ﹤0.01% |
183,185
| – | – |
|
468
ON Semiconductor
ON
$32.6B
| $875K | ﹤0.01% |
95,400
-162
| -0.2% | -$1.54K |
|
469
Booking.com
BKNG
$150B
| $871K | ﹤0.01% |
16,125
-2,225
| -12% | -$116K |
|
|
AGN
470
DELISTED
Allergan plc
AGN
| $856K | ﹤0.01% |
3,594
+369
| +11% | +$85.1K |
|
471
iShares TIPS Bond ETF
TIP
$14.5B
| $855K | ﹤0.01% |
7,306
+66
| +0.9% | +$7.58K |
|
472
Prothena Corp
PRTA
$440M
| $845K | ﹤0.01% |
19,040
-36
| -0.2% | -$1.57K |
|
473
Fluor
FLR
$6.99B
| $835K | ﹤0.01% |
16,050
+305
| +2% | +$15.9K |
|
474
Lockheed Martin
LMT
$132B
| $826K | ﹤0.01% |
3,245
-355
| -10% | -$83.7K |
|
475
iShares MSCI Europe Financials ETF
EUFN
$4.14B
| $804K | ﹤0.01% |
+52,561
| New | +$943K |
|
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.