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 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$607M |
| 2 |
Vodafone
VOD
|
+$318M |
| 3 |
SI
SIEMENS AKTIENGESELLSCHAFT ADS
SI
|
+$267M |
| 4 |
Alibaba
BABA
|
+$228M |
| 5 |
Itaú Unibanco
ITUB
|
+$137M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
|
+$545M |
| 2 |
GE Aerospace
GE
|
+$284M |
| 3 |
NXP Semiconductors
NXPI
|
+$121M |
| 4 |
MENT
Mentor Graphics Corp
MENT
|
+$63.3M |
| 5 |
Heartland Express
HTLD
|
+$45.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.45% |
| 2 | Technology | 14.38% |
| 3 | Healthcare | 12.14% |
| 4 | Consumer Discretionary | 8.49% |
| 5 | Communication Services | 7.31% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
526
Vanguard Short-Term Corporate Bond ETF
VCSH
$44.8B
| $368K | ﹤0.01% |
4,619
-54,377
| -92% | -$4.33M |
|
527
iShares Select U.S. REIT ETF
ICF
$2.1B
| $365K | ﹤0.01% |
+7,308
| New | +$366K |
|
528
Blackstone
BX
$102B
| $361K | ﹤0.01% |
+12,164
| New | +$366K |
|
529
Vanguard Total World Stock ETF
VT
$76.9B
| $358K | ﹤0.01% |
+5,482
| New | +$351K |
|
|
XEC
530
DELISTED
CIMAREX ENERGY CO
XEC
| $358K | ﹤0.01% |
3,000
| – | – |
|
531
Kimberly-Clark
KMB
$36.6B
| $347K | ﹤0.01% |
2,634
-2,545
| -49% | -$321K |
|
532
Netflix
NFLX
$305B
| $347K | ﹤0.01% |
+23,500
| New | +$330K |
|
533
ENI
E
$80.5B
| $341K | ﹤0.01% |
10,430
-742
| -7% | -$23.5K |
|
534
Galicia Financial Group
GGAL
$8.29B
| $341K | ﹤0.01% |
9,000
+800
| +10% | +$26.8K |
|
535
iShares Russell 1000 Value ETF
IWD
$81.8B
| $341K | ﹤0.01% |
2,966
-30
| -1% | -$3.44K |
|
|
VMW
536
DELISTED
VMware, Inc
VMW
| $338K | ﹤0.01% |
+3,667
| New | +$323K |
|
537
Vanguard Health Care ETF
VHT
$18.3B
| $337K | ﹤0.01% |
+2,442
| New | +$329K |
|
538
Illinois Tool Works
ITW
$81.6B
| $327K | ﹤0.01% |
2,470
-554
| -18% | -$71.7K |
|
539
iShares 7-10 Year Treasury Bond ETF
IEF
$47.2B
| $320K | ﹤0.01% |
3,034
-21
| -0.7% | -$2.21K |
|
540
Clorox
CLX
$11.7B
| $316K | ﹤0.01% |
2,341
-186
| -7% | -$24.1K |
|
541
Opko Health
OPK
$993M
| $312K | ﹤0.01% |
38,979
-250
| -0.6% | -$2.1K |
|
542
Regeneron Pharmaceuticals
REGN
$77.4B
| $312K | ﹤0.01% |
806
+91
| +13% | +$33.7K |
|
543
Mohawk Industries
MHK
$7.29B
| $309K | ﹤0.01% |
1,345
| – | – |
|
544
W.P. Carey
WPC
$16.9B
| $309K | ﹤0.01% |
5,077
-307
| -6% | -$18.6K |
|
545
iShares S&P 100 ETF
OEF
$19.9B
| $308K | ﹤0.01% |
2,942
-200
| -6% | -$20.7K |
|
|
WBK
546
DELISTED
Westpac Banking Corporation
WBK
| $308K | ﹤0.01% |
11,509
+44
| +0.4% | +$1.12K |
|
547
Becton Dickinson
BDX
$45.6B
| $304K | ﹤0.01% |
1,700
-104
| -6% | -$18.1K |
|
548
Amphenol
APH
$197B
| $303K | ﹤0.01% |
17,040
-676
| -4% | -$11.7K |
|
549
Mondelez International
MDLZ
$80.5B
| $299K | ﹤0.01% |
6,930
-710
| -9% | -$31.5K |
|
550
Travelers Companies
TRV
$78.4B
| $297K | ﹤0.01% |
2,461
-123
| -5% | -$14.8K |
|
Similar funds
Ken Fisher's Q1 2017 Portfolio in Review
As of Q1 2017, Ken Fisher held 865 positions worth $62.4B, up 8.7% from $57.4B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Ken Fisher's Q1 2017 filing shows 82 new, 252 increased, 334 reduced and 92 closed positions. Its largest new stake was Vodafone: 12,420,913 shares worth $328M. The largest sale was State Street SPDR Portfolio Short Term Corporate Bond ETF, an estimated $545M.
By sector, the portfolio is most concentrated in Financials at 19% of assets, down from 20% a quarter earlier, followed by Technology and Healthcare.
- Ken Fisher's largest Q1 2017 buy was Vodafone: 12,420,913 shares worth $328M.
- Ken Fisher added most to iShares iBoxx $ Investment Grade Corporate Bond ETF in Q1 2017, an estimated $607M increase.
- Ken Fisher's biggest Q1 2017 reduction was State Street SPDR Portfolio Short Term Corporate Bond ETF, cutting an estimated $545M.
- Ken Fisher fully exited NXP Semiconductors in Q1 2017, selling an estimated $121M.
- Ken Fisher's ten largest holdings make up 24% of its $62.4B portfolio in Q1 2017.
- Ken Fisher opened 82 new positions and closed 92 in Q1 2017.
- Ken Fisher's portfolio value rose 8.7% quarter-over-quarter to $62.4B.
Based on Fisher Asset Management's 13F filing for Q1 2017, filed 25 Apr 2017.