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 | |
|---|---|---|---|---|---|---|
551
British American Tobacco
BTI
$133B
| $293K | ﹤0.01% |
4,413
+615
| +16% | +$38.1K |
|
|
ATVI
552
DELISTED
Activision Blizzard
ATVI
| $288K | ﹤0.01% |
5,775
-512
| -8% | -$22.5K |
|
553
Pacira BioSciences
PCRX
$1.06B
| $285K | ﹤0.01% |
+6,257
| New | +$270K |
|
|
DD
554
DELISTED
Du Pont De Nemours E I
DD
| $280K | ﹤0.01% |
3,488
-621
| -15% | -$48.2K |
|
555
Jazz Pharmaceuticals
JAZZ
$16.2B
| $275K | ﹤0.01% |
1,896
| – | – |
|
556
HP
HPQ
$24.6B
| $268K | ﹤0.01% |
14,971
-3,548
| -19% | -$57.4K |
|
|
WOOF
557
DELISTED
VCA Inc.
WOOF
| $267K | ﹤0.01% |
2,921
| – | – |
|
558
Eastman Chemical
EMN
$8.01B
| $262K | ﹤0.01% |
3,244
-321
| -9% | -$25.2K |
|
559
Kraft Heinz
KHC
$31.3B
| $262K | ﹤0.01% |
2,889
+8
| +0.3% | +$721 |
|
|
IPG
560
DELISTED
Interpublic Group of Companies
IPG
| $258K | ﹤0.01% |
10,516
+511
| +5% | +$12.3K |
|
|
DI
561
DELISTED
PIMCO Diversified Income Active Exchange-Traded Fund
DI
| $251K | ﹤0.01% |
+5,013
| New | +$250K |
|
562
Moody's
MCO
$83.5B
| $242K | ﹤0.01% |
2,160
-100
| -4% | -$10.7K |
|
563
Cummins
CMI
$87.3B
| $241K | ﹤0.01% |
1,591
| – | – |
|
564
Hewlett Packard
HPE
$62.4B
| $237K | ﹤0.01% |
17,194
| – | – |
|
565
United Rentals
URI
$66.5B
| $234K | ﹤0.01% |
+1,872
| New | +$228K |
|
566
Vanguard Information Technology ETF
VGT
$139B
| $234K | ﹤0.01% |
13,792
-3,096
| -18% | -$50.6K |
|
567
VeriSign
VRSN
$25.9B
| $231K | ﹤0.01% |
+2,657
| New | +$221K |
|
568
State Street Technology Select Sector SPDR ETF
XLK
$115B
| $228K | ﹤0.01% |
+8,536
| New | +$220K |
|
569
BBVA Argentina
BBAR
$4.04B
| $227K | ﹤0.01% |
12,300
| – | – |
|
570
PG&E
PCG
$39.2B
| $222K | ﹤0.01% |
3,351
| – | – |
|
571
NVIDIA
NVDA
$4.72T
| $219K | ﹤0.01% |
80,520
-9,440
| -10% | -$25.1K |
|
572
Vanguard FTSE Emerging Markets ETF
VWO
$119B
| $218K | ﹤0.01% |
+5,494
| New | +$212K |
|
573
State Street SPDR S&P Dividend ETF
SDY
$21.8B
| $216K | ﹤0.01% |
+2,451
| New | +$214K |
|
574
Brookfield
BN
$103B
| $215K | ﹤0.01% |
+16,497
| New | +$209K |
|
|
STI
575
DELISTED
SunTrust Banks, Inc.
STI
| $215K | ﹤0.01% |
3,896
-381
| -9% | -$21.8K |
|
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.