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 |
AB InBev
BUD
|
+$543M |
| 2 |
ExxonMobil
XOM
|
+$75.8M |
| 3 |
Trip.com Group
TCOM
|
+$57M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$56.8M |
| 5 |
Alibaba
BABA
|
+$52.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Toyota
TM
|
+$571M |
| 2 |
Chevron
CVX
|
+$76.5M |
| 3 |
SFG
STANCORP FINL GRP
SFG
|
+$39.1M |
| 4 |
NVO
Novo Nordisk
NVO
|
+$36.4M |
| 5 |
Gilead Sciences
GILD
|
+$25.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 20.2% |
| 2 | Healthcare | 14.84% |
| 3 | Technology | 13.02% |
| 4 | Consumer Discretionary | 7.11% |
| 5 | Industrials | 6.4% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
501
Insulet
PODD
$11.5B
| $440K | ﹤0.01% |
16,963
+7,375
| +77% | +$224K |
|
502
Prudential Financial
PRU
$42.4B
| $425K | ﹤0.01% |
5,579
+48
| +0.9% | +$4.03K |
|
503
Sumitomo Mitsui Financial
SMFG
$164B
| $425K | ﹤0.01% |
55,649
-2,375
| -4% | -$20K |
|
|
AGEN
504
Agenus
AGEN
$312M
| $422K | ﹤0.01% |
+4,669
| New | +$691K |
|
505
State Street Technology Select Sector SPDR ETF
XLK
$115B
| $420K | ﹤0.01% |
+21,270
| New | +$438K |
|
|
WBA
506
DELISTED
Walgreens Boots Alliance
WBA
| $401K | ﹤0.01% |
4,828
-381
| -7% | -$34.4K |
|
507
Medtronic
MDT
$109B
| $398K | ﹤0.01% |
5,939
-506
| -8% | -$37.3K |
|
508
Norfolk Southern
NSC
$75.4B
| $393K | ﹤0.01% |
5,138
+594
| +13% | +$48.3K |
|
|
BNY
509
Bank of New York Mellon
BNY
$106B
| $388K | ﹤0.01% |
9,913
-511
| -5% | -$21.2K |
|
510
Mondelez International
MDLZ
$79.5B
| $387K | ﹤0.01% |
9,253
+344
| +4% | +$14.8K |
|
511
United Therapeutics
UTHR
$25.8B
| $383K | ﹤0.01% |
2,918
+468
| +19% | +$75.1K |
|
512
PNC Financial Services
PNC
$99.7B
| $367K | ﹤0.01% |
4,117
+178
| +5% | +$16.7K |
|
|
WFM
513
DELISTED
Whole Foods Market Inc
WFM
| $362K | ﹤0.01% |
11,435
-290
| -2% | -$10.3K |
|
514
General Mills
GIS
$19.1B
| $339K | ﹤0.01% |
6,046
-162
| -3% | -$9.28K |
|
515
CSX Corp
CSX
$93.4B
| $337K | ﹤0.01% |
37,611
+273
| +0.7% | +$2.68K |
|
516
iShares 7-10 Year Treasury Bond ETF
IEF
$47.1B
| $334K | ﹤0.01% |
3,095
-473
| -13% | -$50.2K |
|
517
Clorox
CLX
$11.6B
| $329K | ﹤0.01% |
2,849
+61
| +2% | +$6.85K |
|
518
Bausch Health
BHC
$2.58B
| $327K | ﹤0.01% |
1,833
+5
| +0.3% | +$1.17K |
|
519
Salesforce
CRM
$151B
| $320K | ﹤0.01% |
+4,606
| New | +$327K |
|
520
Arrow Electronics
ARW
$11.1B
| $318K | ﹤0.01% |
+5,752
| New | +$319K |
|
521
Vanguard Information Technology ETF
VGT
$139B
| $318K | ﹤0.01% |
+25,464
| New | +$334K |
|
522
PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund
HYS
$1.75B
| $308K | ﹤0.01% |
3,254
-785
| -19% | -$77.1K |
|
|
XEC
523
DELISTED
CIMAREX ENERGY CO
XEC
| $307K | ﹤0.01% |
3,000
| – | – |
|
|
FNFV
524
DELISTED
Fidelity Natl Financial, Inc.
FNFV
| $305K | ﹤0.01% |
26,064
| – | – |
|
525
Opko Health
OPK
$985M
| $299K | ﹤0.01% |
35,500
+6,300
| +22% | +$83.4K |
|
Similar funds
Ken Fisher's Q3 2015 Portfolio in Review
As of Q3 2015, Ken Fisher held 777 positions worth $48B, down 6.7% from $51.4B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Fisher's Q3 2015 filing shows 146 new, 253 increased, 242 reduced and 62 closed positions. Its largest new stake was First American: 571,175 shares worth $22.3M. The largest sale was Toyota, an estimated $571M.
By sector, the portfolio is most concentrated in Financials at 20% of assets, down from 21% a quarter earlier, followed by Healthcare and Technology.
- Ken Fisher's largest Q3 2015 buy was First American: 571,175 shares worth $22.3M.
- Ken Fisher added most to AB InBev in Q3 2015, an estimated $543M increase.
- Ken Fisher's biggest Q3 2015 reduction was Toyota, cutting an estimated $571M.
- Ken Fisher fully exited STANCORP FINL GRP in Q3 2015, selling an estimated $39.1M.
- Ken Fisher's ten largest holdings make up 23% of its $48B portfolio in Q3 2015.
- Ken Fisher opened 146 new positions and closed 62 in Q3 2015.
- Ken Fisher's portfolio value fell 6.7% quarter-over-quarter to $48B.
Based on Fisher Asset Management's 13F filing for Q3 2015, filed 20 Oct 2015.