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 |
Alphabet (Google) Class A
GOOGL
|
+$702M |
| 2 |
CAA
CalAtlantic Group, Inc.
CAA
|
+$90.3M |
| 3 |
America Movil
AMX
|
+$71.3M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$62.1M |
| 5 |
Stratasys
SSYS
|
+$53.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class C
GOOG
|
+$671M |
| 2 |
RYL
RYLAND GROUP INC
RYL
|
+$90.9M |
| 3 |
PMCS
P M C SIERRA INC
PMCS
|
+$76.3M |
| 4 |
BMR
BIOMED REALTY TRUST INC
BMR
|
+$40.1M |
| 5 |
HPY
HEARTLAND PAYMENT SYSTEMS, INC. COM STK
HPY
|
+$38.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.64% |
| 2 | Healthcare | 14.19% |
| 3 | Technology | 13.13% |
| 4 | Consumer Discretionary | 7.98% |
| 5 | Industrials | 6.61% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
526
Sumitomo Mitsui Financial
SMFG
$164B
| $425K | ﹤0.01% |
56,007
+358
| +0.6% | +$2.82K |
|
527
Marathon Petroleum
MPC
$92.4B
| $423K | ﹤0.01% |
8,158
+2,092
| +34% | +$109K |
|
|
RAI
528
DELISTED
Reynolds American Inc
RAI
| $422K | ﹤0.01% |
+9,154
| New | +$424K |
|
529
Caterpillar
CAT
$375B
| $419K | ﹤0.01% |
6,165
-7,177
| -54% | -$502K |
|
|
AGEN
530
Agenus
AGEN
$312M
| $416K | ﹤0.01% |
4,669
| – | – |
|
531
Old Dominion Freight Line
ODFL
$44.1B
| $415K | ﹤0.01% |
+21,060
| New | +$437K |
|
532
Mercado Libre
MELI
$95.2B
| $405K | ﹤0.01% |
3,546
+442
| +14% | +$48.6K |
|
533
Opko Health
OPK
$985M
| $380K | ﹤0.01% |
37,826
+2,326
| +7% | +$23.3K |
|
534
Duke Energy
DUK
$97.8B
| $372K | ﹤0.01% |
+5,214
| New | +$367K |
|
535
Clorox
CLX
$11.6B
| $367K | ﹤0.01% |
2,894
+45
| +2% | +$5.59K |
|
|
OSIR
536
DELISTED
Osiris Therapeutics, Inc. Common Stock
OSIR
| $366K | ﹤0.01% |
35,270
| – | – |
|
537
PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund
HYS
$1.75B
| $364K | ﹤0.01% |
3,970
+716
| +22% | +$67.7K |
|
|
CB
538
DELISTED
CHUBB CORPORATION
CB
| $357K | ﹤0.01% |
+2,692
| New | +$349K |
|
539
Northrop Grumman
NOC
$77.1B
| $349K | ﹤0.01% |
1,848
+242
| +15% | +$44.4K |
|
540
CSX Corp
CSX
$93.4B
| $347K | ﹤0.01% |
40,143
+2,532
| +7% | +$23K |
|
541
Travelers Companies
TRV
$78.1B
| $345K | ﹤0.01% |
3,059
+882
| +41% | +$98K |
|
542
Enterprise Products Partners
EPD
$82.3B
| $338K | ﹤0.01% |
13,194
+4,222
| +47% | +$110K |
|
543
Regeneron Pharmaceuticals
REGN
$78.5B
| $334K | ﹤0.01% |
615
+111
| +22% | +$60.1K |
|
|
ESI
544
DELISTED
ITT EDUCATIONAL SERVICES INC
ESI
| $334K | ﹤0.01% |
+89,648
| New | +$308K |
|
545
iShares 7-10 Year Treasury Bond ETF
IEF
$47.1B
| $327K | ﹤0.01% |
3,095
| – | – |
|
|
MDVN
546
DELISTED
MEDIVATION, INC.
MDVN
| $320K | ﹤0.01% |
6,615
+315
| +5% | +$13.6K |
|
547
iShares Russell 1000 Growth ETF
IWF
$121B
| $312K | ﹤0.01% |
+12,544
| New | +$313K |
|
548
Automatic Data Processing
ADP
$106B
| $305K | ﹤0.01% |
+3,605
| New | +$310K |
|
549
PPG Industries
PPG
$24.6B
| $302K | ﹤0.01% |
3,051
+238
| +8% | +$24K |
|
550
Rio Tinto
RIO
$158B
| $300K | ﹤0.01% |
10,310
-7,002
| -40% | -$237K |
|
Similar funds
Ken Fisher's Q4 2015 Portfolio in Review
As of Q4 2015, Ken Fisher held 832 positions worth $51.9B, up 8.1% from $48B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Fisher's Q4 2015 filing shows 117 new, 382 increased, 189 reduced and 39 closed positions. Its largest new stake was Alphabet (Google) Class A: 18,980,280 shares worth $738M. The largest sale was Alphabet (Google) Class C, an estimated $671M.
By sector, the portfolio is most concentrated in Financials at 20% of assets, down from 20% a quarter earlier, followed by Healthcare and Technology.
- Ken Fisher's largest Q4 2015 buy was Alphabet (Google) Class A: 18,980,280 shares worth $738M.
- Ken Fisher added most to CalAtlantic Group, Inc. in Q4 2015, an estimated $90.3M increase.
- Ken Fisher's biggest Q4 2015 reduction was Alphabet (Google) Class C, cutting an estimated $671M.
- Ken Fisher fully exited RYLAND GROUP INC in Q4 2015, selling an estimated $90.9M.
- Ken Fisher's ten largest holdings make up 23% of its $51.9B portfolio in Q4 2015.
- Ken Fisher opened 117 new positions and closed 39 in Q4 2015.
- Ken Fisher's portfolio value rose 8.1% quarter-over-quarter to $51.9B.
Based on Fisher Asset Management's 13F filing for Q4 2015, filed 14 Jan 2016.