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 MSCI Taiwan ETF
EWT
|
+$145M |
| 2 |
Qorvo
QRVO
|
+$134M |
| 3 |
Infosys
INFY
|
+$71.4M |
| 4 |
TTM
Tata Motors Limited
TTM
|
+$56.4M |
| 5 |
Dr. Reddy's Laboratories
RDY
|
+$56.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TQNT
TRIQUINT SEMICONDUCTOR INC
TQNT
|
+$154M |
| 2 |
Vanguard S&P 500 ETF
VOO
|
+$51.1M |
| 3 |
NETGEAR
NTGR
|
+$39.5M |
| 4 |
FIGY
Barclays ETN+ FI Enhanced Global High Yield ETN
FIGY
|
+$37.1M |
| 5 |
FEEU
Barclays ETN+ FI Enhanced Europe 50 ETN
FEEU
|
+$26.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 20.41% |
| 2 | Healthcare | 14.51% |
| 3 | Technology | 13.39% |
| 4 | Consumer Discretionary | 7.23% |
| 5 | Industrials | 6.9% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
51
Dr. Reddy's Laboratories
RDY
$9.83B
| $298M | 0.6% |
26,081,125
+5,313,265
| +26% | +$56.4M |
|
52
iShares MBS ETF
MBB
$38.9B
| $294M | 0.59% |
2,660,167
+68,309
| +3% | +$7.51M |
|
|
CS
53
DELISTED
Credit Suisse Group
CS
| $270M | 0.54% |
10,010,608
+19,577
| +0.2% | +$467K |
|
|
SI
54
DELISTED
SIEMENS AKTIENGESELLSCHAFT ADS
SI
| $263M | 0.53% |
2,433,581
+46,932
| +2% | +$5.08M |
|
55
Barclays
BCS
$92.7B
| $257M | 0.51% |
18,973,643
+673,504
| +4% | +$9.43M |
|
|
FIEG
56
DELISTED
FI Enhanced Global High Yield Exchange Traded Notes
FIEG
| $246M | 0.49% |
2,062,668
+316,121
| +18% | +$38.1M |
|
|
FIEU
57
DELISTED
FI Enhanced Europe 50 ETN
FIEU
| $229M | 0.46% |
2,020,268
+253,854
| +14% | +$28.4M |
|
|
BF
58
DELISTED
BASF AKTIENGESELLT ADS(RP1 ORD
BF
| $211M | 0.42% |
2,119,129
+13,081
| +0.6% | +$1.3M |
|
59
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$15.9B
| $208M | 0.42% |
2,295,312
+61,350
| +3% | +$5.55M |
|
60
State Street SPDR Nuveen ICE Municipal Bond ETF
TFI
$3.05B
| $206M | 0.41% |
4,243,332
+74,492
| +2% | +$3.61M |
|
|
SIVB
61
DELISTED
SVB Financial Group
SIVB
| $185M | 0.37% |
1,459,885
-8,806
| -0.6% | -$1.05M |
|
62
Baidu
BIDU
$37.2B
| $180M | 0.36% |
862,866
+194,093
| +29% | +$41.6M |
|
63
Domino's
DPZ
$11.5B
| $171M | 0.34% |
1,703,627
-29,863
| -2% | -$3M |
|
64
Trip.com Group
TCOM
$29.4B
| $170M | 0.34% |
5,792,994
+1,365,664
| +31% | +$33M |
|
|
PRXL
65
DELISTED
Parexel International Corp
PRXL
| $168M | 0.34% |
2,439,694
-16,057
| -0.7% | -$1.02M |
|
|
ABB
66
DELISTED
ABB Ltd
ABB
| $153M | 0.31% |
7,226,921
-213,973
| -3% | -$4.4M |
|
|
67
Qorvo
QRVO
$7.91B
| $150M | 0.3% |
+1,878,933
| New | +$134M |
|
|
68
iShares MSCI Taiwan ETF
EWT
$9.81B
| $147M | 0.29% |
+4,657,473
| New | +$145M |
|
69
Credicorp
BAP
$32B
| $136M | 0.27% |
967,087
+195,435
| +25% | +$28.7M |
|
70
East-West Bancorp
EWBC
$18B
| $121M | 0.24% |
2,997,874
-25,657
| -0.8% | -$1M |
|
71
Steris
STE
$22.2B
| $114M | 0.23% |
1,624,591
-4,115
| -0.3% | -$271K |
|
|
RYL
72
DELISTED
RYLAND GROUP INC
RYL
| $111M | 0.22% |
2,267,283
-33,686
| -1% | -$1.44M |
|
|
PMCS
73
DELISTED
P M C SIERRA INC
PMCS
| $109M | 0.22% |
11,762,984
-77,428
| -0.7% | -$714K |
|
74
Prudential
PUK
$37.8B
| $106M | 0.21% |
2,199,682
-99,425
| -4% | -$4.73M |
|
75
BHP
BHP
$215B
| $105M | 0.21% |
2,683,824
+80,877
| +3% | +$3.28M |
|
Similar funds
Ken Fisher's Q1 2015 Portfolio in Review
As of Q1 2015, Ken Fisher held 664 positions worth $50B, up 3.5% from $48.4B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Ken Fisher's Q1 2015 filing shows 44 new, 219 increased, 244 reduced and 60 closed positions. Its largest new stake was iShares MSCI Taiwan ETF: 4,657,473 shares worth $147M. The largest sale was TRIQUINT SEMICONDUCTOR INC, an estimated $154M.
By sector, the portfolio is most concentrated in Financials at 20% of assets, down from 22% a quarter earlier, followed by Healthcare and Technology.
- Ken Fisher's largest Q1 2015 buy was iShares MSCI Taiwan ETF: 4,657,473 shares worth $147M.
- Ken Fisher added most to Infosys in Q1 2015, an estimated $71.4M increase.
- Ken Fisher's biggest Q1 2015 reduction was Vanguard S&P 500 ETF, cutting an estimated $51.1M.
- Ken Fisher fully exited TRIQUINT SEMICONDUCTOR INC in Q1 2015, selling an estimated $154M.
- Ken Fisher's ten largest holdings make up 22% of its $50B portfolio in Q1 2015.
- Ken Fisher opened 44 new positions and closed 60 in Q1 2015.
- Ken Fisher's portfolio value rose 3.5% quarter-over-quarter to $50B.
Based on Fisher Asset Management's 13F filing for Q1 2015, filed 30 Apr 2015.