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 | |
|---|---|---|---|---|---|---|
526
APA Corp
APA
$13.2B
| $293K | ﹤0.01% |
+7,472
| New | +$340K |
|
|
ETP
527
DELISTED
Energy Transfer Partners L.p.
ETP
| $287K | ﹤0.01% |
6,987
-1,122
| -14% | -$54.4K |
|
528
Mercado Libre
MELI
$95.2B
| $283K | ﹤0.01% |
3,104
+4
| +0.1% | +$471 |
|
529
Marathon Petroleum
MPC
$92.4B
| $281K | ﹤0.01% |
6,066
+1,400
| +30% | +$72K |
|
530
Eastman Chemical
EMN
$8B
| $270K | ﹤0.01% |
4,171
+12
| +0.3% | +$886 |
|
|
MDVN
531
DELISTED
MEDIVATION, INC.
MDVN
| $268K | ﹤0.01% |
6,300
+1,500
| +31% | +$74.3K |
|
532
Northrop Grumman
NOC
$77.1B
| $267K | ﹤0.01% |
1,606
-82
| -5% | -$13.7K |
|
533
PLDT
PHI
$4.25B
| $265K | ﹤0.01% |
5,735
+39
| +0.7% | +$2.21K |
|
534
Becton Dickinson
BDX
$45.6B
| $264K | ﹤0.01% |
2,039
+342
| +20% | +$47.8K |
|
535
Texas Instruments
TXN
$252B
| $262K | ﹤0.01% |
5,291
+236
| +5% | +$11.5K |
|
536
British American Tobacco
BTI
$131B
| $256K | ﹤0.01% |
4,650
-2,036
| -30% | -$113K |
|
537
PPG Industries
PPG
$24.6B
| $247K | ﹤0.01% |
2,813
-4
| -0.1% | -$407 |
|
538
FedEx
FDX
$72.7B
| $245K | ﹤0.01% |
1,704
+393
| +30% | +$62.7K |
|
539
Pacira BioSciences
PCRX
$1.04B
| $245K | ﹤0.01% |
5,950
+1,150
| +24% | +$70.4K |
|
540
Target
TGT
$65.6B
| $241K | ﹤0.01% |
3,068
-60
| -2% | -$4.79K |
|
541
The Mosaic Company
MOS
$7.03B
| $238K | ﹤0.01% |
+7,648
| New | +$316K |
|
542
Regeneron Pharmaceuticals
REGN
$78.5B
| $234K | ﹤0.01% |
504
-61
| -11% | -$32.8K |
|
|
UN
543
DELISTED
Unilever NV New York Registry Shares
UN
| $231K | ﹤0.01% |
5,744
-78
| -1% | -$3.29K |
|
544
Jazz Pharmaceuticals
JAZZ
$15.9B
| $229K | ﹤0.01% |
1,725
+425
| +33% | +$73.2K |
|
|
WBK
545
DELISTED
Westpac Banking Corporation
WBK
| $229K | ﹤0.01% |
10,858
-23
| -0.2% | -$537 |
|
546
Emerson Electric
EMR
$83.9B
| $225K | ﹤0.01% |
5,100
-1,231
| -19% | -$60.5K |
|
547
Enterprise Products Partners
EPD
$82.3B
| $223K | ﹤0.01% |
8,972
-4,351
| -33% | -$121K |
|
|
GLF
548
DELISTED
GulfMark Offshore, Inc. Common Stock
GLF
| $220K | ﹤0.01% |
36,000
| – | – |
|
549
Kraft Heinz
KHC
$30.7B
| $218K | ﹤0.01% |
+3,085
| New | +$233K |
|
550
Travelers Companies
TRV
$78.1B
| $217K | ﹤0.01% |
2,177
-219
| -9% | -$22.4K |
|
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.