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 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$607M |
| 2 |
Vodafone
VOD
|
+$318M |
| 3 |
SI
SIEMENS AKTIENGESELLSCHAFT ADS
SI
|
+$267M |
| 4 |
Alibaba
BABA
|
+$228M |
| 5 |
Itaú Unibanco
ITUB
|
+$137M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
|
+$545M |
| 2 |
GE Aerospace
GE
|
+$284M |
| 3 |
NXP Semiconductors
NXPI
|
+$121M |
| 4 |
MENT
Mentor Graphics Corp
MENT
|
+$63.3M |
| 5 |
Heartland Express
HTLD
|
+$45.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.45% |
| 2 | Technology | 14.38% |
| 3 | Healthcare | 12.14% |
| 4 | Consumer Discretionary | 8.49% |
| 5 | Communication Services | 7.31% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
501
Old Dominion Freight Line
ODFL
$44.2B
| $503K | ﹤0.01% |
17,631
+390
| +2% | +$11.5K |
|
502
Hartford Financial Services
HIG
$39.2B
| $501K | ﹤0.01% |
10,426
-500
| -5% | -$24.2K |
|
503
CSX Corp
CSX
$93B
| $499K | ﹤0.01% |
32,151
+1,812
| +6% | +$27.6K |
|
504
Mercado Libre
MELI
$95.6B
| $499K | ﹤0.01% |
2,362
-155
| -6% | -$30.4K |
|
|
PFNX
505
DELISTED
Pfenex Inc.
PFNX
| $498K | ﹤0.01% |
85,644
+45,448
| +113% | +$342K |
|
506
Northrop Grumman
NOC
$76B
| $468K | ﹤0.01% |
1,966
+48
| +3% | +$11.4K |
|
507
Danaher
DHR
$138B
| $447K | ﹤0.01% |
5,893
+110
| +2% | +$8.19K |
|
508
Tesla
TSLA
$1.22T
| $442K | ﹤0.01% |
+23,805
| New | +$403K |
|
509
Ametek
AME
$55B
| $434K | ﹤0.01% |
8,034
-43
| -0.5% | -$2.27K |
|
510
Phillips 66
PSX
$84.4B
| $429K | ﹤0.01% |
5,420
-3,398
| -39% | -$274K |
|
511
CubeSmart
CUBE
$9.34B
| $426K | ﹤0.01% |
16,400
| – | – |
|
512
United Therapeutics
UTHR
$26.2B
| $423K | ﹤0.01% |
3,124
| – | – |
|
513
Caterpillar
CAT
$373B
| $421K | ﹤0.01% |
4,534
+898
| +25% | +$85K |
|
514
General Mills
GIS
$19.4B
| $410K | ﹤0.01% |
6,948
-897
| -11% | -$54.8K |
|
515
Thermo Fisher Scientific
TMO
$214B
| $400K | ﹤0.01% |
2,602
+895
| +52% | +$137K |
|
516
Occidental Petroleum
OXY
$55.6B
| $395K | ﹤0.01% |
6,241
-296
| -5% | -$19.7K |
|
517
Globant
GLOB
$1.57B
| $393K | ﹤0.01% |
10,800
+900
| +9% | +$31.4K |
|
518
Banco Macro
BMA
$6.02B
| $390K | ﹤0.01% |
4,500
| – | – |
|
519
iShares Russell 2000 ETF
IWM
$80.2B
| $390K | ﹤0.01% |
+2,836
| New | +$387K |
|
520
State Street SPDR Bloomberg Short Term High Yield Bond ETF
SJNK
$4.89B
| $390K | ﹤0.01% |
13,933
-445
| -3% | -$12.4K |
|
521
Marathon Petroleum
MPC
$91.7B
| $386K | ﹤0.01% |
7,636
-864
| -10% | -$43K |
|
|
BNY
522
Bank of New York Mellon
BNY
$106B
| $379K | ﹤0.01% |
8,033
-643
| -7% | -$30.1K |
|
523
Southern Company
SO
$106B
| $378K | ﹤0.01% |
7,592
-383
| -5% | -$18.9K |
|
524
Applied Materials
AMAT
$398B
| $371K | ﹤0.01% |
+9,540
| New | +$343K |
|
525
ConocoPhillips
COP
$145B
| $371K | ﹤0.01% |
7,433
-13,981
| -65% | -$676K |
|
Similar funds
Ken Fisher's Q1 2017 Portfolio in Review
As of Q1 2017, Ken Fisher held 865 positions worth $62.4B, up 8.7% from $57.4B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Ken Fisher's Q1 2017 filing shows 82 new, 252 increased, 334 reduced and 92 closed positions. Its largest new stake was Vodafone: 12,420,913 shares worth $328M. The largest sale was State Street SPDR Portfolio Short Term Corporate Bond ETF, an estimated $545M.
By sector, the portfolio is most concentrated in Financials at 19% of assets, down from 20% a quarter earlier, followed by Technology and Healthcare.
- Ken Fisher's largest Q1 2017 buy was Vodafone: 12,420,913 shares worth $328M.
- Ken Fisher added most to iShares iBoxx $ Investment Grade Corporate Bond ETF in Q1 2017, an estimated $607M increase.
- Ken Fisher's biggest Q1 2017 reduction was State Street SPDR Portfolio Short Term Corporate Bond ETF, cutting an estimated $545M.
- Ken Fisher fully exited NXP Semiconductors in Q1 2017, selling an estimated $121M.
- Ken Fisher's ten largest holdings make up 24% of its $62.4B portfolio in Q1 2017.
- Ken Fisher opened 82 new positions and closed 92 in Q1 2017.
- Ken Fisher's portfolio value rose 8.7% quarter-over-quarter to $62.4B.
Based on Fisher Asset Management's 13F filing for Q1 2017, filed 25 Apr 2017.