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 | |
|---|---|---|---|---|---|---|
451
Stewart Information Services
STC
$2.06B
| $1M | ﹤0.01% |
21,783
-10,503
| -33% | -$471K |
|
452
Westamerica Bancorp
WABC
$1.38B
| $1M | ﹤0.01% |
15,917
| – | – |
|
453
Myriad Genetics
MYGN
$270M
| $996K | ﹤0.01% |
59,731
-32,650
| -35% | -$591K |
|
|
ACC
454
DELISTED
American Campus Communities, Inc.
ACC
| $982K | ﹤0.01% |
19,725
| – | – |
|
455
DHI Group
DHX
$182M
| $978K | ﹤0.01% |
156,517
-73,972
| -32% | -$475K |
|
|
UN
456
DELISTED
Unilever NV New York Registry Shares
UN
| $970K | ﹤0.01% |
23,627
+1,761
| +8% | +$72.9K |
|
457
PTC Therapeutics
PTCT
$5.68B
| $958K | ﹤0.01% |
87,842
-1,800
| -2% | -$18.9K |
|
458
Fortinet
FTNT
$119B
| $939K | ﹤0.01% |
155,875
-110
| -0.1% | -$687 |
|
459
VanEck Vietnam ETF
VNM
$491M
| $939K | ﹤0.01% |
72,000
+3,100
| +4% | +$42.9K |
|
460
Palo Alto Networks
PANW
$270B
| $934K | ﹤0.01% |
44,814
+18,828
| +72% | +$451K |
|
461
McDonald's
MCD
$192B
| $929K | ﹤0.01% |
7,633
-71
| -0.9% | -$8.32K |
|
462
Lockheed Martin
LMT
$134B
| $908K | ﹤0.01% |
3,631
+361
| +11% | +$90.2K |
|
463
iShares Global Financials ETF
IXG
$678M
| $878K | ﹤0.01% |
15,201
| – | – |
|
464
Toronto Dominion Bank
TD
$198B
| $871K | ﹤0.01% |
17,653
-22,982
| -57% | -$1.07M |
|
|
SIGM
465
DELISTED
Sigma Designs Inc
SIGM
| $851K | ﹤0.01% |
141,865
-107,402
| -43% | -$773K |
|
|
AGN
466
DELISTED
Allergan plc
AGN
| $850K | ﹤0.01% |
4,048
+24
| +0.6% | +$4.97K |
|
467
Salesforce
CRM
$151B
| $817K | ﹤0.01% |
11,927
+2,335
| +24% | +$169K |
|
468
iShares TIPS Bond ETF
TIP
$14.5B
| $810K | ﹤0.01% |
7,160
-222
| -3% | -$25.3K |
|
469
Phillips 66
PSX
$84.9B
| $762K | ﹤0.01% |
8,818
+1,815
| +26% | +$151K |
|
|
BNCN
470
DELISTED
BNC Bancorp
BNCN
| $759K | ﹤0.01% |
23,780
-11,334
| -32% | -$318K |
|
471
Costco
COST
$422B
| $757K | ﹤0.01% |
4,727
+1,451
| +44% | +$222K |
|
472
Comscore
SCOR
$106M
| $745K | ﹤0.01% |
1,179
-1,017
| -46% | -$613K |
|
473
iShares Core US Aggregate Bond ETF
AGG
$137B
| $739K | ﹤0.01% |
+6,838
| New | +$749K |
|
474
Fluor
FLR
$7.01B
| $738K | ﹤0.01% |
14,055
+150
| +1% | +$7.79K |
|
|
INN
475
Summit Hotel Properties
INN
$746M
| $710K | ﹤0.01% |
44,277
-35,125
| -44% | -$492K |
|
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.