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 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$607M |
| 2 |
Vodafone
VOD
|
+$318M |
| 3 |
SI
SIEMENS AKTIENGESELLSCHAFT ADS
SI
|
+$267M |
| 4 |
Alibaba
BABA
|
+$228M |
| 5 |
Itaú Unibanco
ITUB
|
+$137M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
|
+$545M |
| 2 |
GE Aerospace
GE
|
+$284M |
| 3 |
NXP Semiconductors
NXPI
|
+$121M |
| 4 |
MENT
Mentor Graphics Corp
MENT
|
+$63.3M |
| 5 |
Heartland Express
HTLD
|
+$45.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.45% |
| 2 | Technology | 14.38% |
| 3 | Healthcare | 12.14% |
| 4 | Consumer Discretionary | 8.49% |
| 5 | Communication Services | 7.31% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
451
Lockheed Martin
LMT
$132B
| $1.1M | ﹤0.01% |
4,117
+486
| +13% | +$127K |
|
452
State Street SPDR S&P 500 ETF Trust
SPY
$784B
| $1.09M | ﹤0.01% |
4,640
-711
| -13% | -$165K |
|
453
Medpace
MEDP
$16.1B
| $1.06M | ﹤0.01% |
+35,564
| New | +$1.15M |
|
454
UnitedHealth
UNH
$383B
| $1.05M | ﹤0.01% |
6,414
-1,162
| -15% | -$190K |
|
455
VanEck Vietnam ETF
VNM
$502M
| $1.01M | ﹤0.01% |
72,000
| – | – |
|
|
NAB
456
DELISTED
NATL AUSTRALIA BK LTD ADS5
NAB
| $1M | ﹤0.01% |
78,742
-22,103
| -22% | -$281K |
|
|
INN
457
Summit Hotel Properties
INN
$748M
| $993K | ﹤0.01% |
62,148
+17,871
| +40% | +$282K |
|
458
iShares MSCI Germany ETF
EWG
$1.6B
| $986K | ﹤0.01% |
34,283
-136,582
| -80% | -$3.78M |
|
|
IMGN
459
DELISTED
Immunogen Inc
IMGN
| $982K | ﹤0.01% |
253,676
+5,100
| +2% | +$14.9K |
|
460
iShares Global Financials ETF
IXG
$679M
| $926K | ﹤0.01% |
15,201
| – | – |
|
|
PGNX
461
DELISTED
Progenics Pharmaceuticals Inc
PGNX
| $922K | ﹤0.01% |
97,632
+18,604
| +24% | +$186K |
|
462
Westamerica Bancorp
WABC
$1.38B
| $889K | ﹤0.01% |
15,917
| – | – |
|
|
ACC
463
DELISTED
American Campus Communities, Inc.
ACC
| $884K | ﹤0.01% |
18,575
-1,150
| -6% | -$56.2K |
|
464
PTC Therapeutics
PTCT
$6.26B
| $882K | ﹤0.01% |
89,642
+1,800
| +2% | +$21.8K |
|
465
Toronto Dominion Bank
TD
$198B
| $871K | ﹤0.01% |
17,381
-272
| -2% | -$13.9K |
|
|
DISCK
466
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $861K | ﹤0.01% |
30,422
-21,600
| -42% | -$592K |
|
467
Palo Alto Networks
PANW
$265B
| $860K | ﹤0.01% |
45,804
+990
| +2% | +$22.1K |
|
468
DHI Group
DHX
$176M
| $851K | ﹤0.01% |
215,325
+58,808
| +38% | +$304K |
|
469
Starbucks
SBUX
$121B
| $830K | ﹤0.01% |
14,217
+2,052
| +17% | +$116K |
|
|
LMNX
470
DELISTED
Luminex Corp
LMNX
| $823K | ﹤0.01% |
+44,779
| New | +$852K |
|
471
iShares Russell 1000 Growth ETF
IWF
$120B
| $821K | ﹤0.01% |
28,860
+6,868
| +31% | +$190K |
|
472
iShares TIPS Bond ETF
TIP
$14.5B
| $820K | ﹤0.01% |
7,148
-12
| -0.2% | -$1.37K |
|
|
CNCE
473
DELISTED
Concert Pharmaceuticals, Inc.
CNCE
| $757K | ﹤0.01% |
44,363
+8,200
| +23% | +$98.3K |
|
474
McDonald's
MCD
$191B
| $756K | ﹤0.01% |
5,833
-1,800
| -24% | -$226K |
|
475
Costco
COST
$423B
| $754K | ﹤0.01% |
4,493
-234
| -5% | -$39.2K |
|
Similar funds
Ken Fisher's Q1 2017 Portfolio in Review
As of Q1 2017, Ken Fisher held 865 positions worth $62.4B, up 8.7% from $57.4B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Ken Fisher's Q1 2017 filing shows 82 new, 252 increased, 334 reduced and 92 closed positions. Its largest new stake was Vodafone: 12,420,913 shares worth $328M. The largest sale was State Street SPDR Portfolio Short Term Corporate Bond ETF, an estimated $545M.
By sector, the portfolio is most concentrated in Financials at 19% of assets, down from 20% a quarter earlier, followed by Technology and Healthcare.
- Ken Fisher's largest Q1 2017 buy was Vodafone: 12,420,913 shares worth $328M.
- Ken Fisher added most to iShares iBoxx $ Investment Grade Corporate Bond ETF in Q1 2017, an estimated $607M increase.
- Ken Fisher's biggest Q1 2017 reduction was State Street SPDR Portfolio Short Term Corporate Bond ETF, cutting an estimated $545M.
- Ken Fisher fully exited NXP Semiconductors in Q1 2017, selling an estimated $121M.
- Ken Fisher's ten largest holdings make up 24% of its $62.4B portfolio in Q1 2017.
- Ken Fisher opened 82 new positions and closed 92 in Q1 2017.
- Ken Fisher's portfolio value rose 8.7% quarter-over-quarter to $62.4B.
Based on Fisher Asset Management's 13F filing for Q1 2017, filed 25 Apr 2017.