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 | |
|---|---|---|---|---|---|---|
526
Northrop Grumman
NOC
$76B
| $365K | ﹤0.01% |
1,646
+25
| +2% | +$5.26K |
|
527
State Street SPDR Bloomberg Short Term High Yield Bond ETF
SJNK
$4.89B
| $362K | ﹤0.01% |
13,282
+2,971
| +29% | +$78.7K |
|
|
BNY
528
Bank of New York Mellon
BNY
$106B
| $360K | ﹤0.01% |
9,335
-1,214
| -12% | -$48.3K |
|
529
Caterpillar
CAT
$373B
| $360K | ﹤0.01% |
4,632
-1,565
| -25% | -$117K |
|
|
XEC
530
DELISTED
CIMAREX ENERGY CO
XEC
| $353K | ﹤0.01% |
3,000
| – | – |
|
531
iShares 7-10 Year Treasury Bond ETF
IEF
$47.2B
| $350K | ﹤0.01% |
3,095
-346
| -10% | -$38.3K |
|
532
Illinois Tool Works
ITW
$81.6B
| $349K | ﹤0.01% |
3,197
-3,973
| -55% | -$416K |
|
533
W.P. Carey
WPC
$16.9B
| $347K | ﹤0.01% |
5,077
+1,633
| +47% | +$103K |
|
534
Banco Macro
BMA
$6.02B
| $341K | ﹤0.01% |
4,500
| – | – |
|
535
United Therapeutics
UTHR
$26.2B
| $341K | ﹤0.01% |
3,092
| – | – |
|
536
ConocoPhillips
COP
$145B
| $339K | ﹤0.01% |
7,982
-9,274
| -54% | -$409K |
|
|
DD
537
DELISTED
Du Pont De Nemours E I
DD
| $330K | ﹤0.01% |
+5,129
| New | +$337K |
|
538
Travelers Companies
TRV
$78.4B
| $316K | ﹤0.01% |
2,671
+104
| +4% | +$11.8K |
|
539
Marathon Petroleum
MPC
$91.7B
| $300K | ﹤0.01% |
8,236
+279
| +4% | +$10.2K |
|
540
Suncor Energy
SU
$78.8B
| $293K | ﹤0.01% |
10,564
-580
| -5% | -$15.9K |
|
541
Globant
GLOB
$1.57B
| $285K | ﹤0.01% |
7,100
+726
| +11% | +$26.6K |
|
542
CSX Corp
CSX
$93B
| $275K | ﹤0.01% |
30,912
+336
| +1% | +$2.93K |
|
543
Kraft Heinz
KHC
$31.3B
| $267K | ﹤0.01% |
2,976
-242
| -8% | -$19.9K |
|
544
Marriott International
MAR
$99B
| $265K | ﹤0.01% |
3,777
-110
| -3% | -$7.38K |
|
545
Enterprise Products Partners
EPD
$82.5B
| $264K | ﹤0.01% |
9,061
+588
| +7% | +$15.8K |
|
546
Jazz Pharmaceuticals
JAZZ
$16.2B
| $261K | ﹤0.01% |
1,859
-90
| -5% | -$13.3K |
|
547
Rayonier
RYN
$6.43B
| $258K | ﹤0.01% |
10,747
| – | – |
|
548
Vanguard Real Estate ETF
VNQ
$39.4B
| $256K | ﹤0.01% |
+2,829
| New | +$238K |
|
549
Eastman Chemical
EMN
$8.01B
| $252K | ﹤0.01% |
3,646
-513
| -12% | -$37.7K |
|
550
BBVA Argentina
BBAR
$4.04B
| $251K | ﹤0.01% |
12,300
| – | – |
|
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.