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 | |
|---|---|---|---|---|---|---|
476
General Motors
GM
$76.9B
| $707K | ﹤0.01% |
20,279
+1,989
| +11% | +$66.9K |
|
|
SOHU
477
Sohu.com
SOHU
$364M
| $706K | ﹤0.01% |
20,837
-14,853
| -42% | -$555K |
|
|
PGNX
478
DELISTED
Progenics Pharmaceuticals Inc
PGNX
| $683K | ﹤0.01% |
79,028
-28,635
| -27% | -$212K |
|
479
Starbucks
SBUX
$118B
| $675K | ﹤0.01% |
12,165
+1,948
| +19% | +$108K |
|
480
Magnite
MGNI
$2.8B
| $662K | ﹤0.01% |
89,213
-43,319
| -33% | -$338K |
|
|
WBA
481
DELISTED
Walgreens Boots Alliance
WBA
| $646K | ﹤0.01% |
7,811
+1,085
| +16% | +$89.7K |
|
482
Insulet
PODD
$11.8B
| $639K | ﹤0.01% |
16,963
| – | – |
|
483
PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund
HYS
$1.74B
| $606K | ﹤0.01% |
6,072
+240
| +4% | +$23.8K |
|
484
Kimberly-Clark
KMB
$35.7B
| $591K | ﹤0.01% |
5,179
+1,503
| +41% | +$174K |
|
|
MORE
485
DELISTED
Monogram Residential Trust, Inc.
MORE
| $586K | ﹤0.01% |
+54,125
| New | +$570K |
|
486
iShares Russell 1000 Growth ETF
IWF
$124B
| $577K | ﹤0.01% |
21,992
+6,060
| +38% | +$157K |
|
|
ARRY
487
DELISTED
Array Biopharma Inc
ARRY
| $577K | ﹤0.01% |
65,693
-70,202
| -52% | -$517K |
|
488
Abbott
ABT
$185B
| $568K | ﹤0.01% |
14,794
+2,359
| +19% | +$93.5K |
|
489
Workday
WDAY
$40.8B
| $567K | ﹤0.01% |
+8,575
| New | +$691K |
|
|
FIEG
490
DELISTED
FI Enhanced Global High Yield Exchange Traded Notes
FIEG
| $557K | ﹤0.01% |
4,285
-2,484,719
| -100% | -$315M |
|
491
Telkom Indonesia
TLK
$15B
| $531K | ﹤0.01% |
18,202
-68
| -0.4% | -$2.06K |
|
|
FNFV
492
DELISTED
Fidelity Natl Financial, Inc.
FNFV
| $529K | ﹤0.01% |
38,597
+233
| +0.6% | +$2.97K |
|
493
Prothena Corp
PRTA
$436M
| $527K | ﹤0.01% |
10,718
-3,138
| -23% | -$173K |
|
494
Hartford Financial Services
HIG
$39.2B
| $521K | ﹤0.01% |
10,926
+460
| +4% | +$21.1K |
|
495
Norfolk Southern
NSC
$75.6B
| $521K | ﹤0.01% |
4,824
+334
| +7% | +$33.7K |
|
496
iShares California Muni Bond ETF
CMF
$4.58B
| $517K | ﹤0.01% |
8,954
| – | – |
|
|
IMGN
497
DELISTED
Immunogen Inc
IMGN
| $507K | ﹤0.01% |
248,576
-5,125
| -2% | -$10.3K |
|
|
RAI
498
DELISTED
Reynolds American Inc
RAI
| $501K | ﹤0.01% |
8,947
-674
| -7% | -$35.8K |
|
499
Old Dominion Freight Line
ODFL
$44B
| $493K | ﹤0.01% |
17,241
-3,819
| -18% | -$102K |
|
500
General Mills
GIS
$19.2B
| $485K | ﹤0.01% |
7,845
+898
| +13% | +$55.6K |
|
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.