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 | |
|---|---|---|---|---|---|---|
|
FIBG
476
DELISTED
CS FI Enhanced Big Cap Growth ETN
FIBG
| $720K | ﹤0.01% |
11,468
-421,466
| -97% | -$26.2M |
|
477
Fluor
FLR
$7.2B
| $714K | ﹤0.01% |
13,905
-2,145
| -13% | -$111K |
|
478
Movado Group
MOV
$879M
| $708K | ﹤0.01% |
32,980
| – | – |
|
479
Insulet
PODD
$11.6B
| $694K | ﹤0.01% |
16,963
| – | – |
|
480
Palo Alto Networks
PANW
$299B
| $690K | ﹤0.01% |
+25,986
| New | +$592K |
|
481
Salesforce
CRM
$156B
| $684K | ﹤0.01% |
9,592
-2,157
| -18% | -$168K |
|
|
PGNX
482
DELISTED
Progenics Pharmaceuticals Inc
PGNX
| $682K | ﹤0.01% |
107,663
-32,698
| -23% | -$198K |
|
|
IMGN
483
DELISTED
Immunogen Inc
IMGN
| $680K | ﹤0.01% |
253,701
| – | – |
|
|
GLUU
484
DELISTED
Glu Mobile Inc.
GLUU
| $670K | ﹤0.01% |
299,317
-114,210
| -28% | -$264K |
|
|
EGRX
485
DELISTED
Eagle Pharmaceuticals, Inc.
EGRX
| $669K | ﹤0.01% |
9,550
-2,911
| -23% | -$161K |
|
486
iShares MSCI Germany ETF
EWG
$1.62B
| $663K | ﹤0.01% |
25,220
+1,026
| +4% | +$26.3K |
|
|
HT
487
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $646K | ﹤0.01% |
35,864
-17,081
| -32% | -$322K |
|
488
State Street SPDR S&P 500 ETF Trust
SPY
$821B
| $632K | ﹤0.01% |
2,921
-1,565
| -35% | -$338K |
|
489
Telkom Indonesia
TLK
$15.1B
| $604K | ﹤0.01% |
18,270
-36,400
| -67% | -$1.16M |
|
490
iShares MSCI South Korea ETF
EWY
$24.8B
| $603K | ﹤0.01% |
10,371
| – | – |
|
491
DHT Holdings
DHT
$2.92B
| $587K | ﹤0.01% |
140,032
-43,153
| -24% | -$201K |
|
492
General Motors
GM
$77.5B
| $581K | ﹤0.01% |
18,290
+2,613
| +17% | +$81.6K |
|
493
PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund
HYS
$1.75B
| $580K | ﹤0.01% |
5,832
-356
| -6% | -$34.9K |
|
494
Phillips 66
PSX
$82.5B
| $564K | ﹤0.01% |
7,003
-458
| -6% | -$35.6K |
|
495
ENI
E
$77.5B
| $562K | ﹤0.01% |
+19,476
| New | +$593K |
|
496
Starbucks
SBUX
$120B
| $553K | ﹤0.01% |
10,217
+352
| +4% | +$19.7K |
|
|
WBA
497
DELISTED
Walgreens Boots Alliance
WBA
| $542K | ﹤0.01% |
6,726
+277
| +4% | +$22.6K |
|
498
iShares California Muni Bond ETF
CMF
$4.6B
| $540K | ﹤0.01% |
8,954
| – | – |
|
499
UnitedHealth
UNH
$370B
| $529K | ﹤0.01% |
3,782
+796
| +27% | +$111K |
|
500
Abbott
ABT
$182B
| $526K | ﹤0.01% |
12,435
+48
| +0.4% | +$2.06K |
|
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.