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 |
Alphabet (Google) Class A
GOOGL
|
+$702M |
| 2 |
CAA
CalAtlantic Group, Inc.
CAA
|
+$90.3M |
| 3 |
America Movil
AMX
|
+$71.3M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$62.1M |
| 5 |
Stratasys
SSYS
|
+$53.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class C
GOOG
|
+$671M |
| 2 |
RYL
RYLAND GROUP INC
RYL
|
+$90.9M |
| 3 |
PMCS
P M C SIERRA INC
PMCS
|
+$76.3M |
| 4 |
BMR
BIOMED REALTY TRUST INC
BMR
|
+$40.1M |
| 5 |
HPY
HEARTLAND PAYMENT SYSTEMS, INC. COM STK
HPY
|
+$38.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.64% |
| 2 | Healthcare | 14.19% |
| 3 | Technology | 13.13% |
| 4 | Consumer Discretionary | 7.98% |
| 5 | Industrials | 6.61% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
DHC
476
Diversified Healthcare Trust
DHC
$2.13B
| $851K | ﹤0.01% |
57,338
+128
| +0.2% | +$1.91K |
|
|
TWX
477
DELISTED
Time Warner Inc
TWX
| $845K | ﹤0.01% |
13,069
+5,706
| +77% | +$399K |
|
478
Vanguard Financials ETF
VFH
$13.7B
| $835K | ﹤0.01% |
17,237
+7,259
| +73% | +$355K |
|
479
Fluor
FLR
$7.01B
| $830K | ﹤0.01% |
17,569
-253
| -1% | -$11.9K |
|
480
iShares Global Financials ETF
IXG
$686M
| $817K | ﹤0.01% |
15,426
+1,424
| +10% | +$77K |
|
481
iShares TIPS Bond ETF
TIP
$14.5B
| $808K | ﹤0.01% |
7,369
+91
| +1% | +$10.1K |
|
|
CVC
482
DELISTED
CABLEVISION SYS CP NY GRP CL-A
CVC
| $787K | ﹤0.01% |
24,682
-356,621
| -94% | -$11.3M |
|
483
Abbott
ABT
$185B
| $776K | ﹤0.01% |
17,286
+2,032
| +13% | +$89.7K |
|
484
F5
FFIV
$23.1B
| $745K | ﹤0.01% |
+7,683
| New | +$831K |
|
485
Lockheed Martin
LMT
$135B
| $739K | ﹤0.01% |
3,404
+31
| +0.9% | +$6.73K |
|
|
IRBT
486
DELISTED
iRobot
IRBT
| $734K | ﹤0.01% |
20,747
+14
| +0.1% | +$453 |
|
487
Phillips 66
PSX
$82.7B
| $721K | ﹤0.01% |
8,809
-501
| -5% | -$43.2K |
|
488
Affiliated Managers Group
AMG
$10.1B
| $711K | ﹤0.01% |
4,449
+151
| +4% | +$26K |
|
489
ConocoPhillips
COP
$145B
| $702K | ﹤0.01% |
15,025
-4,168
| -22% | -$218K |
|
490
Vertex Pharmaceuticals
VRTX
$119B
| $697K | ﹤0.01% |
5,543
+615
| +12% | +$74.2K |
|
491
Southern Company
SO
$107B
| $695K | ﹤0.01% |
14,852
+4,866
| +49% | +$221K |
|
|
PFNX
492
DELISTED
Pfenex Inc.
PFNX
| $668K | ﹤0.01% |
53,968
+21,268
| +65% | +$314K |
|
493
Insulet
PODD
$11.6B
| $641K | ﹤0.01% |
16,963
| – | – |
|
494
iShares MSCI Europe Financials ETF
EUFN
$4.27B
| $631K | ﹤0.01% |
+31,055
| New | +$657K |
|
495
Costco
COST
$423B
| $616K | ﹤0.01% |
3,814
-1,305
| -25% | -$206K |
|
|
WFM
496
DELISTED
Whole Foods Market Inc
WFM
| $602K | ﹤0.01% |
17,978
+6,543
| +57% | +$208K |
|
497
General Motors
GM
$76.9B
| $580K | ﹤0.01% |
17,058
-822
| -5% | -$28.6K |
|
498
PNC Financial Services
PNC
$100B
| $578K | ﹤0.01% |
6,063
+1,946
| +47% | +$181K |
|
|
ARRY
499
DELISTED
Array Biopharma Inc
ARRY
| $573K | ﹤0.01% |
135,695
| – | – |
|
500
Kimberly-Clark
KMB
$35.7B
| $565K | ﹤0.01% |
4,438
-2,663
| -38% | -$320K |
|
Similar funds
Ken Fisher's Q4 2015 Portfolio in Review
As of Q4 2015, Ken Fisher held 832 positions worth $51.9B, up 8.1% from $48B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Fisher's Q4 2015 filing shows 117 new, 382 increased, 189 reduced and 39 closed positions. Its largest new stake was Alphabet (Google) Class A: 18,980,280 shares worth $738M. The largest sale was Alphabet (Google) Class C, an estimated $671M.
By sector, the portfolio is most concentrated in Financials at 20% of assets, down from 20% a quarter earlier, followed by Healthcare and Technology.
- Ken Fisher's largest Q4 2015 buy was Alphabet (Google) Class A: 18,980,280 shares worth $738M.
- Ken Fisher added most to CalAtlantic Group, Inc. in Q4 2015, an estimated $90.3M increase.
- Ken Fisher's biggest Q4 2015 reduction was Alphabet (Google) Class C, cutting an estimated $671M.
- Ken Fisher fully exited RYLAND GROUP INC in Q4 2015, selling an estimated $90.9M.
- Ken Fisher's ten largest holdings make up 23% of its $51.9B portfolio in Q4 2015.
- Ken Fisher opened 117 new positions and closed 39 in Q4 2015.
- Ken Fisher's portfolio value rose 8.1% quarter-over-quarter to $51.9B.
Based on Fisher Asset Management's 13F filing for Q4 2015, filed 14 Jan 2016.