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 |
FIHD
UBS AG FI Enhanced Global High Yield ETN
FIHD
|
+$353M |
| 2 |
Televisa
TV
|
+$92.4M |
| 3 |
FLGE
Credit Suisse FI Large Cap Growth Enhanced Exchange Traded Notes
FLGE
|
+$38.2M |
| 4 |
DST
DST Systems Inc.
DST
|
+$36.8M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$27M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FIEG
FI Enhanced Global High Yield Exchange Traded Notes
FIEG
|
+$315M |
| 2 |
CAB
Cabela's Inc
CAB
|
+$56.7M |
| 3 |
NXP Semiconductors
NXPI
|
+$48.7M |
| 4 |
TSMC
TSM
|
+$24.7M |
| 5 |
FIGY
Barclays ETN+ FI Enhanced Global High Yield ETN
FIGY
|
+$23.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.9% |
| 2 | Technology | 14.05% |
| 3 | Healthcare | 12.4% |
| 4 | Consumer Discretionary | 7.69% |
| 5 | Industrials | 6.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
526
Opko Health
OPK
$985M
| $365K | ﹤0.01% |
39,229
+1,000
| +3% | +$10.3K |
|
|
PFNX
527
DELISTED
Pfenex Inc.
PFNX
| $365K | ﹤0.01% |
40,196
-13,772
| -26% | -$126K |
|
528
CSX Corp
CSX
$93.4B
| $363K | ﹤0.01% |
30,339
+513
| +2% | +$5.75K |
|
529
ENI
E
$80.5B
| $360K | ﹤0.01% |
11,172
-8,304
| -43% | -$243K |
|
|
FNBC
530
DELISTED
First NBC Bank Holding Company
FNBC
| $355K | ﹤0.01% |
48,692
| – | – |
|
531
Suncor Energy
SU
$79.4B
| $347K | ﹤0.01% |
10,605
-778
| -7% | -$23.8K |
|
532
Automatic Data Processing
ADP
$106B
| $339K | ﹤0.01% |
+3,302
| New | +$308K |
|
533
Mondelez International
MDLZ
$79.5B
| $339K | ﹤0.01% |
7,640
-2,486
| -25% | -$107K |
|
534
Caterpillar
CAT
$375B
| $337K | ﹤0.01% |
3,636
-1,172
| -24% | -$106K |
|
535
iShares Russell 1000 Value ETF
IWD
$82.2B
| $336K | ﹤0.01% |
2,996
+593
| +25% | +$64.1K |
|
|
LHO
536
DELISTED
LaSalle Hotel Properties
LHO
| $331K | ﹤0.01% |
10,850
| – | – |
|
537
Globant
GLOB
$1.58B
| $330K | ﹤0.01% |
9,900
+800
| +9% | +$31.3K |
|
538
iShares 7-10 Year Treasury Bond ETF
IEF
$47.1B
| $320K | ﹤0.01% |
3,055
-40
| -1% | -$4.3K |
|
539
Travelers Companies
TRV
$78.1B
| $316K | ﹤0.01% |
2,584
+205
| +9% | +$23.4K |
|
540
iShares S&P 100 ETF
OEF
$20.1B
| $312K | ﹤0.01% |
3,142
+200
| +7% | +$19.4K |
|
541
W.P. Carey
WPC
$16.8B
| $312K | ﹤0.01% |
5,384
+153
| +3% | +$8.95K |
|
542
WisdomTree Europe Hedged Equity Fund
HEDJ
$1.83B
| $304K | ﹤0.01% |
+10,600
| New | +$290K |
|
543
Clorox
CLX
$11.6B
| $303K | ﹤0.01% |
2,527
-507
| -17% | -$59.8K |
|
|
DD
544
DELISTED
Du Pont De Nemours E I
DD
| $302K | ﹤0.01% |
4,109
+890
| +28% | +$63.2K |
|
545
Amphenol
APH
$198B
| $298K | ﹤0.01% |
17,716
+676
| +4% | +$11.3K |
|
546
Becton Dickinson
BDX
$45.6B
| $291K | ﹤0.01% |
1,804
+375
| +26% | +$62.2K |
|
547
Banco Macro
BMA
$5.88B
| $290K | ﹤0.01% |
4,500
| – | – |
|
548
HP
HPQ
$24.9B
| $275K | ﹤0.01% |
18,519
+2,675
| +17% | +$40.5K |
|
549
Mohawk Industries
MHK
$7.5B
| $269K | ﹤0.01% |
1,345
-25
| -2% | -$4.91K |
|
|
WBK
550
DELISTED
Westpac Banking Corporation
WBK
| $269K | ﹤0.01% |
11,465
-7,464
| -39% | -$175K |
|
Similar funds
Ken Fisher's Q4 2016 Portfolio in Review
As of Q4 2016, Ken Fisher held 837 positions worth $57.4B, up 2% from $56.3B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Ken Fisher's Q4 2016 filing shows 61 new, 208 increased, 401 reduced and 54 closed positions. Its largest new stake was Barclays ETN+ FI Enhanced Europe 50 ETN Series B: 174,286 shares worth $18.7M. The largest sale was FI Enhanced Global High Yield Exchange Traded Notes, an estimated $315M.
By sector, the portfolio is most concentrated in Financials at 20% of assets, up from 17% a quarter earlier, followed by Technology and Healthcare.
- Ken Fisher's largest Q4 2016 buy was Barclays ETN+ FI Enhanced Europe 50 ETN Series B: 174,286 shares worth $18.7M.
- Ken Fisher added most to UBS AG FI Enhanced Global High Yield ETN in Q4 2016, an estimated $353M increase.
- Ken Fisher's biggest Q4 2016 reduction was FI Enhanced Global High Yield Exchange Traded Notes, cutting an estimated $315M.
- Ken Fisher fully exited Cabela's Inc in Q4 2016, selling an estimated $56.7M.
- Ken Fisher's ten largest holdings make up 22% of its $57.4B portfolio in Q4 2016.
- Ken Fisher opened 61 new positions and closed 54 in Q4 2016.
- Ken Fisher's portfolio value rose 2% quarter-over-quarter to $57.4B.
Based on Fisher Asset Management's 13F filing for Q4 2016, filed 10 Jan 2017.