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 | |
|---|---|---|---|---|---|---|
501
Danaher
DHR
$137B
| $518K | ﹤0.01% |
8,191
+337
| +4% | +$20.1K |
|
502
PNC Financial Services
PNC
$99.7B
| $504K | ﹤0.01% |
5,991
-72
| -1% | -$6.13K |
|
503
Hartford Financial Services
HIG
$38.9B
| $495K | ﹤0.01% |
10,776
-447
| -4% | -$18.8K |
|
504
Caterpillar
CAT
$375B
| $491K | ﹤0.01% |
6,197
+32
| +0.5% | +$2.15K |
|
505
Southern Company
SO
$109B
| $489K | ﹤0.01% |
9,650
-5,202
| -35% | -$253K |
|
506
Old Dominion Freight Line
ODFL
$44.1B
| $486K | ﹤0.01% |
21,060
| – | – |
|
507
Kimberly-Clark
KMB
$36.3B
| $480K | ﹤0.01% |
3,520
-918
| -21% | -$119K |
|
|
508
Prudential
PUK
$37.6B
| $469K | ﹤0.01% |
12,236
-2,954,635
| -100% | -$107M |
|
|
EGRX
509
DELISTED
Eagle Pharmaceuticals, Inc.
EGRX
| $464K | ﹤0.01% |
12,461
| – | – |
|
510
PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund
HYS
$1.75B
| $463K | ﹤0.01% |
4,919
+949
| +24% | +$85.8K |
|
|
RAI
511
DELISTED
Reynolds American Inc
RAI
| $450K | ﹤0.01% |
9,237
+83
| +0.9% | +$4.08K |
|
512
Mondelez International
MDLZ
$79.5B
| $436K | ﹤0.01% |
10,132
-1,471
| -13% | -$59.9K |
|
|
APC
513
DELISTED
Anadarko Petroleum
APC
| $435K | ﹤0.01% |
8,886
-1,001
| -10% | -$40.6K |
|
|
ARRY
514
DELISTED
Array Biopharma Inc
ARRY
| $430K | ﹤0.01% |
135,695
| – | – |
|
515
Schwab US Aggregate Bond ETF
SCHZ
$10.5B
| $429K | ﹤0.01% |
+16,190
| New | +$423K |
|
|
WBK
516
DELISTED
Westpac Banking Corporation
WBK
| $429K | ﹤0.01% |
18,073
+6,429
| +55% | +$143K |
|
517
General Mills
GIS
$19.1B
| $421K | ﹤0.01% |
6,748
+2,081
| +45% | +$121K |
|
518
Vertex Pharmaceuticals
VRTX
$121B
| $421K | ﹤0.01% |
5,155
-388
| -7% | -$35.1K |
|
519
Mercado Libre
MELI
$95.2B
| $420K | ﹤0.01% |
3,296
-250
| -7% | -$25.9K |
|
520
Opko Health
OPK
$985M
| $409K | ﹤0.01% |
37,867
+41
| +0.1% | +$375 |
|
521
Pacira BioSciences
PCRX
$1.04B
| $400K | ﹤0.01% |
6,197
| – | – |
|
|
BNY
522
Bank of New York Mellon
BNY
$106B
| $399K | ﹤0.01% |
10,549
-1,172
| -10% | -$42.5K |
|
523
Norfolk Southern
NSC
$75.4B
| $394K | ﹤0.01% |
4,821
-577
| -11% | -$43.6K |
|
|
AGEN
524
Agenus
AGEN
$312M
| $393K | ﹤0.01% |
4,669
| – | – |
|
525
Medtronic
MDT
$109B
| $387K | ﹤0.01% |
5,018
-887
| -15% | -$66.8K |
|
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.