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 | |
|---|---|---|---|---|---|---|
451
Fortinet
FTNT
$119B
| $1.15M | ﹤0.01% |
155,985
+110
| +0.1% | +$769 |
|
|
PPS
452
DELISTED
Post Properties
PPS
| $1.13M | ﹤0.01% |
+17,100
| New | +$1.11M |
|
453
Magnite
MGNI
$2.76B
| $1.1M | ﹤0.01% |
132,532
-36,909
| -22% | -$392K |
|
454
Berkshire Hathaway Class A
BRK.A
$1.1T
| $1.08M | ﹤0.01% |
5
| – | – |
|
455
Booking.com
BKNG
$149B
| $1.08M | ﹤0.01% |
18,325
+2,200
| +14% | +$123K |
|
|
NAB
456
DELISTED
NATL AUSTRALIA BK LTD ADS5
NAB
| $1.07M | ﹤0.01% |
100,845
-1,874
| -2% | -$20K |
|
457
State Street SPDR Portfolio Mortgage Backed Bond ETF
SPMB
$6.95B
| $1.07M | ﹤0.01% |
39,408
-2,817
| -7% | -$76.5K |
|
|
INN
458
Summit Hotel Properties
INN
$746M
| $1.04M | ﹤0.01% |
79,402
-16,341
| -17% | -$226K |
|
459
iShares Russell 2000 Value ETF
IWN
$14.3B
| $1.04M | ﹤0.01% |
+9,956
| New | +$1.02M |
|
460
VanEck Vietnam ETF
VNM
$491M
| $1.04M | ﹤0.01% |
68,900
+2,900
| +4% | +$43.3K |
|
|
UN
461
DELISTED
Unilever NV New York Registry Shares
UN
| $1.01M | ﹤0.01% |
21,866
+16,469
| +305% | +$760K |
|
|
ACC
462
DELISTED
American Campus Communities, Inc.
ACC
| $1M | ﹤0.01% |
19,725
-3,000
| -13% | -$154K |
|
463
F5
FFIV
$22.9B
| $995K | ﹤0.01% |
7,986
+301
| +4% | +$36.5K |
|
|
AGN
464
DELISTED
Allergan plc
AGN
| $927K | ﹤0.01% |
4,024
+430
| +12% | +$105K |
|
|
ARRY
465
DELISTED
Array Biopharma Inc
ARRY
| $917K | ﹤0.01% |
135,895
+200
| +0.1% | +$774 |
|
|
IRBT
466
DELISTED
iRobot
IRBT
| $912K | ﹤0.01% |
20,733
| – | – |
|
467
O'Reilly Automotive
ORLY
$72.9B
| $898K | ﹤0.01% |
+48,105
| New | +$902K |
|
468
McDonald's
MCD
$192B
| $889K | ﹤0.01% |
7,704
+484
| +7% | +$57.4K |
|
469
iShares TIPS Bond ETF
TIP
$14.5B
| $860K | ﹤0.01% |
7,382
+76
| +1% | +$8.82K |
|
|
BNCN
470
DELISTED
BNC Bancorp
BNCN
| $854K | ﹤0.01% |
35,114
-13,715
| -28% | -$330K |
|
471
Prothena Corp
PRTA
$425M
| $831K | ﹤0.01% |
13,856
-5,184
| -27% | -$278K |
|
472
Westamerica Bancorp
WABC
$1.38B
| $810K | ﹤0.01% |
15,917
-2,600
| -14% | -$127K |
|
473
Lockheed Martin
LMT
$134B
| $784K | ﹤0.01% |
3,270
+25
| +0.8% | +$6.26K |
|
474
iShares Global Financials ETF
IXG
$678M
| $776K | ﹤0.01% |
15,201
| – | – |
|
|
CLDT
475
Chatham Lodging
CLDT
$622M
| $750K | ﹤0.01% |
38,974
-15,302
| -28% | -$329K |
|
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.