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 |
SI
SIEMENS AKTIENGESELLSCHAFT ADS
SI
|
+$125M |
| 2 |
Chevron
CVX
|
+$74.5M |
| 3 |
BF
BASF AKTIENGESELLT ADS(RP1 ORD
BF
|
+$69.7M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$69.2M |
| 5 |
Alibaba
BABA
|
+$60.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
HPY
HEARTLAND PAYMENT SYSTEMS, INC. COM STK
HPY
|
+$116M |
| 2 |
ABB
ABB Ltd
ABB
|
+$109M |
| 3 |
Prudential
PUK
|
+$107M |
| 4 |
JAH
JARDEN CORPORATION
JAH
|
+$78.2M |
| 5 |
ExxonMobil
XOM
|
+$68M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.96% |
| 2 | Healthcare | 14.07% |
| 3 | Technology | 13.49% |
| 4 | Consumer Discretionary | 8.15% |
| 5 | Industrials | 6.72% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Intel
INTC
$460B
| $617M | 1.17% |
19,626,487
+24,565
| +0.1% | +$754K |
|
27
Bank of America
BAC
$433B
| $603M | 1.15% |
43,096,188
+3,925
| +0% | +$53K |
|
28
Sanofi
SNY
$103B
| $593M | 1.13% |
13,546,950
+130,730
| +1% | +$5.25M |
|
|
BAY
29
DELISTED
BAYER AG SPONS ADR
BAY
| $577M | 1.1% |
4,833,445
+123,871
| +3% | +$14.8M |
|
30
PepsiCo
PEP
$191B
| $557M | 1.06% |
5,362,933
+21,568
| +0.4% | +$2.13M |
|
31
Citigroup
C
$222B
| $540M | 1.03% |
12,019,747
-10,396
| -0.1% | -$434K |
|
32
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
$10.4B
| $528M | 1% |
17,230,897
+780,935
| +5% | +$23.8M |
|
33
HDFC Bank
HDB
$124B
| $500M | 0.95% |
31,774,336
+1,043,312
| +3% | +$14.9M |
|
34
GSK
GSK
$104B
| $500M | 0.95% |
9,326,284
+100,946
| +1% | +$5.03M |
|
35
Qualcomm
QCOM
$160B
| $488M | 0.93% |
9,556,732
+183,750
| +2% | +$8.96M |
|
36
UBS Group
UBS
$175B
| $484M | 0.92% |
30,279,797
+1,179,237
| +4% | +$19.2M |
|
37
SAP
SAP
$209B
| $478M | 0.91% |
6,090,612
+19,258
| +0.3% | +$1.5M |
|
38
Coca-Cola
KO
$381B
| $478M | 0.91% |
10,365,441
-18,323
| -0.2% | -$797K |
|
39
Novartis
NVS
$301B
| $476M | 0.9% |
7,016,402
+109,597
| +2% | +$7.46M |
|
40
Oracle
ORCL
$367B
| $466M | 0.89% |
11,370,611
-44,499
| -0.4% | -$1.65M |
|
41
Infosys
INFY
$48.4B
| $452M | 0.86% |
45,202,262
+1,389,854
| +3% | +$12.1M |
|
42
Trip.com Group
TCOM
$29.3B
| $448M | 0.85% |
9,322,291
+482,966
| +5% | +$20.2M |
|
43
Cisco
CSCO
$448B
| $430M | 0.82% |
15,398,072
-87,817
| -0.6% | -$2.26M |
|
44
HSBC
HSBC
$367B
| $415M | 0.79% |
14,591,786
+1,782,294
| +14% | +$52.7M |
|
|
SI
45
DELISTED
SIEMENS AKTIENGESELLSCHAFT ADS
SI
| $403M | 0.77% |
3,849,632
+1,190,069
| +45% | +$125M |
|
|
46
ExxonMobil
XOM
$651B
| $385M | 0.73% |
4,536,482
-849,650
| -16% | -$68M |
|
47
Merck
MRK
$321B
| $376M | 0.71% |
7,019,750
-129,779
| -2% | -$6.36M |
|
48
Alphabet (Google) Class C
GOOG
$4.08T
| $361M | 0.69% |
9,525,300
-541,880
| -5% | -$19.4M |
|
49
iShares MBS ETF
MBB
$39.1B
| $355M | 0.67% |
3,244,398
+142,677
| +5% | +$15.5M |
|
|
50
Chevron
CVX
$383B
| $354M | 0.67% |
3,637,927
+851,977
| +31% | +$74.5M |
|
Similar funds
Ken Fisher's Q1 2016 Portfolio in Review
As of Q1 2016, Ken Fisher held 845 positions worth $52.6B, up 1.4% from $51.9B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Fisher's Q1 2016 filing shows 52 new, 265 increased, 294 reduced and 101 closed positions. Its largest new stake was JD.com: 2,269,246 shares worth $67.8M. The largest sale was HEARTLAND PAYMENT SYSTEMS, INC. COM STK, an estimated $116M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, down from 20% a quarter earlier, followed by Healthcare and Technology.
- Ken Fisher's largest Q1 2016 buy was JD.com: 2,269,246 shares worth $67.8M.
- Ken Fisher added most to SIEMENS AKTIENGESELLSCHAFT ADS in Q1 2016, an estimated $125M increase.
- Ken Fisher's biggest Q1 2016 reduction was ABB Ltd, cutting an estimated $109M.
- Ken Fisher fully exited HEARTLAND PAYMENT SYSTEMS, INC. COM STK in Q1 2016, selling an estimated $116M.
- Ken Fisher's ten largest holdings make up 23% of its $52.6B portfolio in Q1 2016.
- Ken Fisher opened 52 new positions and closed 101 in Q1 2016.
- Ken Fisher's portfolio value rose 1.4% quarter-over-quarter to $52.6B.
Based on Fisher Asset Management's 13F filing for Q1 2016, filed 18 Apr 2016.