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 | |
|---|---|---|---|---|---|---|
526
Northrop Grumman
NOC
$77.1B
| $400K | ﹤0.01% |
1,870
+224
| +14% | +$48.5K |
|
|
BNY
527
Bank of New York Mellon
BNY
$106B
| $387K | ﹤0.01% |
9,715
+380
| +4% | +$15.2K |
|
528
Globant
GLOB
$1.58B
| $383K | ﹤0.01% |
9,100
+2,000
| +28% | +$81.7K |
|
|
APC
529
DELISTED
Anadarko Petroleum
APC
| $383K | ﹤0.01% |
6,042
-762
| -11% | -$42.5K |
|
530
Clorox
CLX
$11.6B
| $380K | ﹤0.01% |
3,034
+52
| +2% | +$6.81K |
|
531
United Therapeutics
UTHR
$25.8B
| $369K | ﹤0.01% |
3,124
+32
| +1% | +$3.85K |
|
|
CNCE
532
DELISTED
Concert Pharmaceuticals, Inc.
CNCE
| $366K | ﹤0.01% |
36,163
-19,771
| -35% | -$216K |
|
533
Marathon Petroleum
MPC
$92.4B
| $353K | ﹤0.01% |
8,706
+470
| +6% | +$19.1K |
|
534
Banco Macro
BMA
$5.88B
| $352K | ﹤0.01% |
4,500
| – | – |
|
535
iShares 7-10 Year Treasury Bond ETF
IEF
$47.1B
| $346K | ﹤0.01% |
3,095
| – | – |
|
536
ConocoPhillips
COP
$147B
| $345K | ﹤0.01% |
7,946
-36
| -0.5% | -$1.5K |
|
537
iShares Core S&P Mid-Cap ETF
IJH
$122B
| $336K | ﹤0.01% |
+10,850
| New | +$335K |
|
538
W.P. Carey
WPC
$16.8B
| $331K | ﹤0.01% |
5,231
+154
| +3% | +$10.3K |
|
539
British American Tobacco
BTI
$131B
| $329K | ﹤0.01% |
5,148
+1,840
| +56% | +$117K |
|
540
Illinois Tool Works
ITW
$82.6B
| $328K | ﹤0.01% |
2,737
-460
| -14% | -$53.4K |
|
541
Suncor Energy
SU
$79.4B
| $316K | ﹤0.01% |
11,383
+819
| +8% | +$22.4K |
|
542
CSX Corp
CSX
$93.4B
| $303K | ﹤0.01% |
29,826
-1,086
| -4% | -$10.3K |
|
|
MON
543
DELISTED
Monsanto Co
MON
| $292K | ﹤0.01% |
2,856
+496
| +21% | +$52K |
|
544
iShares S&P 100 ETF
OEF
$20.1B
| $282K | ﹤0.01% |
+2,942
| New | +$282K |
|
545
Target
TGT
$65.6B
| $279K | ﹤0.01% |
+4,061
| New | +$291K |
|
|
ATVI
546
DELISTED
Activision Blizzard
ATVI
| $279K | ﹤0.01% |
6,287
+512
| +9% | +$21.4K |
|
547
Amphenol
APH
$198B
| $277K | ﹤0.01% |
17,040
| – | – |
|
548
Mohawk Industries
MHK
$7.5B
| $274K | ﹤0.01% |
1,370
+98
| +8% | +$20.1K |
|
549
Travelers Companies
TRV
$78.1B
| $273K | ﹤0.01% |
2,379
-292
| -11% | -$34.2K |
|
|
TPH
550
DELISTED
Tri Pointe Homes
TPH
| $272K | ﹤0.01% |
+20,675
| New | +$273K |
|
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.