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 |
Walmart Inc
WMT
|
+$323M |
| 2 |
JD.com
JD
|
+$141M |
| 3 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$90.2M |
| 4 |
America Movil
AMX
|
+$62.6M |
| 5 |
FIHD
UBS AG FI Enhanced Global High Yield ETN
FIHD
|
+$60.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$351M |
| 2 |
EMBJ
Embraer S.A. ADS
EMBJ
|
+$104M |
| 3 |
FEIC
FEI COMPANY
FEIC
|
+$39.1M |
| 4 |
FIGY
Barclays ETN+ FI Enhanced Global High Yield ETN
FIGY
|
+$36.1M |
| 5 |
FBGX
UBS AG FI Enhanced Large Cap Growth ETN
FBGX
|
+$28.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.08% |
| 2 | Healthcare | 14.41% |
| 3 | Technology | 13.36% |
| 4 | Consumer Discretionary | 8.06% |
| 5 | Industrials | 6.42% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
501
iShares Core US Aggregate Bond ETF
AGG
$138B
| $490K | ﹤0.01% |
+4,338
| New | +$482K |
|
|
PFNX
502
DELISTED
Pfenex Inc.
PFNX
| $478K | ﹤0.01% |
53,968
| – | – |
|
503
General Motors
GM
$80B
| $472K | ﹤0.01% |
15,677
-3,434
| -18% | -$104K |
|
504
Mercado Libre
MELI
$95.6B
| $472K | ﹤0.01% |
3,167
-129
| -4% | -$16.8K |
|
505
Mondelez International
MDLZ
$80.5B
| $461K | ﹤0.01% |
10,050
-82
| -0.8% | -$3.57K |
|
506
Vertex Pharmaceuticals
VRTX
$122B
| $461K | ﹤0.01% |
5,112
-43
| -0.8% | -$3.71K |
|
507
Hartford Financial Services
HIG
$39.2B
| $457K | ﹤0.01% |
10,435
-341
| -3% | -$15.2K |
|
508
Danaher
DHR
$138B
| $456K | ﹤0.01% |
8,476
+285
| +3% | +$18.6K |
|
|
ILG
509
DELISTED
ILG, Inc Common Stock
ILG
| $452K | ﹤0.01% |
+26,996
| New | +$385K |
|
|
FNFV
510
DELISTED
Fidelity Natl Financial, Inc.
FNFV
| $447K | ﹤0.01% |
38,364
+12,300
| +47% | +$139K |
|
511
Old Dominion Freight Line
ODFL
$44.2B
| $444K | ﹤0.01% |
21,159
+99
| +0.5% | +$2.12K |
|
512
Southern Company
SO
$106B
| $441K | ﹤0.01% |
8,197
-1,453
| -15% | -$73.1K |
|
|
AGEN
513
Agenus
AGEN
$329M
| $439K | ﹤0.01% |
4,745
+76
| +2% | +$5.92K |
|
514
Vanguard Information Technology ETF
VGT
$139B
| $433K | ﹤0.01% |
+31,520
| New | +$424K |
|
515
Duke Energy
DUK
$98.4B
| $429K | ﹤0.01% |
4,989
+746
| +18% | +$59.6K |
|
516
Royal Bank of Canada
RY
$292B
| $420K | ﹤0.01% |
7,059
-8,628
| -55% | -$518K |
|
517
UnitedHealth
UNH
$383B
| $419K | ﹤0.01% |
2,986
+151
| +5% | +$20.1K |
|
518
Medtronic
MDT
$110B
| $417K | ﹤0.01% |
4,716
-302
| -6% | -$24.4K |
|
519
Clorox
CLX
$11.7B
| $411K | ﹤0.01% |
2,982
+192
| +7% | +$24.9K |
|
|
MDVN
520
DELISTED
MEDIVATION, INC.
MDVN
| $410K | ﹤0.01% |
6,591
-40
| -0.6% | -$2.27K |
|
521
Vanguard S&P 500 ETF
VOO
$972B
| $396K | ﹤0.01% |
2,020
+629
| +45% | +$120K |
|
522
Norfolk Southern
NSC
$75B
| $385K | ﹤0.01% |
4,428
-393
| -8% | -$33.4K |
|
|
APC
523
DELISTED
Anadarko Petroleum
APC
| $380K | ﹤0.01% |
6,804
-2,082
| -23% | -$106K |
|
524
Opko Health
OPK
$993M
| $371K | ﹤0.01% |
37,826
-41
| -0.1% | -$416 |
|
|
WBK
525
DELISTED
Westpac Banking Corporation
WBK
| $369K | ﹤0.01% |
16,719
-1,354
| -7% | -$30.3K |
|
Similar funds
Ken Fisher's Q2 2016 Portfolio in Review
As of Q2 2016, Ken Fisher held 787 positions worth $53.9B, up 2.4% from $52.6B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Fisher's Q2 2016 filing shows 43 new, 284 increased, 281 reduced and 42 closed positions. Its largest new stake was DST Systems Inc.: 280,332 shares worth $16.9M. The largest sale was Amazon, an estimated $351M.
By sector, the portfolio is most concentrated in Financials at 17% of assets, down from 18% a quarter earlier, followed by Healthcare and Technology.
- Ken Fisher's largest Q2 2016 buy was DST Systems Inc.: 280,332 shares worth $16.9M.
- Ken Fisher added most to Walmart Inc in Q2 2016, an estimated $323M increase.
- Ken Fisher's biggest Q2 2016 reduction was Amazon, cutting an estimated $351M.
- Ken Fisher fully exited Embraer S.A. ADS in Q2 2016, selling an estimated $104M.
- Ken Fisher's ten largest holdings make up 23% of its $53.9B portfolio in Q2 2016.
- Ken Fisher opened 43 new positions and closed 42 in Q2 2016.
- Ken Fisher's portfolio value rose 2.4% quarter-over-quarter to $53.9B.
Based on Fisher Asset Management's 13F filing for Q2 2016, filed 12 Jul 2016.