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 | |
|---|---|---|---|---|---|---|
501
Costco
COST
$422B
| $500K | ﹤0.01% |
3,276
-130
| -4% | -$21K |
|
502
Southern Company
SO
$109B
| $494K | ﹤0.01% |
9,632
+1,435
| +18% | +$75.6K |
|
|
PFNX
503
DELISTED
Pfenex Inc.
PFNX
| $483K | ﹤0.01% |
53,968
| – | – |
|
504
Old Dominion Freight Line
ODFL
$44.1B
| $482K | ﹤0.01% |
21,060
-99
| -0.5% | -$2.24K |
|
|
FNFV
505
DELISTED
Fidelity Natl Financial, Inc.
FNFV
| $479K | ﹤0.01% |
38,364
| – | – |
|
506
Mercado Libre
MELI
$95.2B
| $466K | ﹤0.01% |
2,517
-650
| -21% | -$108K |
|
507
Occidental Petroleum
OXY
$56.8B
| $466K | ﹤0.01% |
6,389
-103
| -2% | -$7.71K |
|
508
Kimberly-Clark
KMB
$36.3B
| $464K | ﹤0.01% |
3,676
-124
| -3% | -$16K |
|
|
FNBC
509
DELISTED
First NBC Bank Holding Company
FNBC
| $460K | ﹤0.01% |
48,692
-18,226
| -27% | -$265K |
|
|
RAI
510
DELISTED
Reynolds American Inc
RAI
| $454K | ﹤0.01% |
9,621
-162
| -2% | -$8.13K |
|
511
Danaher
DHR
$137B
| $452K | ﹤0.01% |
6,497
-1,979
| -23% | -$140K |
|
512
Vertex Pharmaceuticals
VRTX
$121B
| $451K | ﹤0.01% |
5,168
+56
| +1% | +$5.29K |
|
|
AGEN
513
Agenus
AGEN
$312M
| $449K | ﹤0.01% |
3,187
-1,558
| -33% | -$179K |
|
514
Hartford Financial Services
HIG
$38.9B
| $448K | ﹤0.01% |
10,466
+31
| +0.3% | +$1.3K |
|
515
Mondelez International
MDLZ
$79.5B
| $445K | ﹤0.01% |
10,126
+76
| +0.8% | +$3.33K |
|
516
General Mills
GIS
$19.1B
| $444K | ﹤0.01% |
6,947
+66
| +1% | +$4.59K |
|
517
Norfolk Southern
NSC
$75.4B
| $436K | ﹤0.01% |
4,490
+62
| +1% | +$5.64K |
|
|
WBK
518
DELISTED
Westpac Banking Corporation
WBK
| $430K | ﹤0.01% |
18,929
+2,210
| +13% | +$50.2K |
|
519
Medtronic
MDT
$109B
| $428K | ﹤0.01% |
4,949
+233
| +5% | +$20.3K |
|
520
Caterpillar
CAT
$375B
| $427K | ﹤0.01% |
4,808
+176
| +4% | +$14.4K |
|
521
iShares Russell 1000 Growth ETF
IWF
$121B
| $415K | ﹤0.01% |
+15,932
| New | +$414K |
|
522
iShares Biotechnology ETF
IBB
$9.34B
| $410K | ﹤0.01% |
+4,251
| New | +$404K |
|
523
State Street SPDR Bloomberg Short Term High Yield Bond ETF
SJNK
$4.89B
| $406K | ﹤0.01% |
14,666
+1,384
| +10% | +$37.8K |
|
524
Opko Health
OPK
$985M
| $405K | ﹤0.01% |
38,229
+403
| +1% | +$4.01K |
|
|
XEC
525
DELISTED
CIMAREX ENERGY CO
XEC
| $403K | ﹤0.01% |
3,000
| – | – |
|
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.