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 |
BAY
BAYER AG SPONS ADR
BAY
|
+$294M |
| 2 |
Alibaba
BABA
|
+$112M |
| 3 |
Infosys
INFY
|
+$57.7M |
| 4 |
HDFC Bank
HDB
|
+$57.1M |
| 5 |
TTM
Tata Motors Limited
TTM
|
+$49.1M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Royal Bank of Canada
RY
|
+$428M |
| 2 |
BHP
BHP
|
+$107M |
| 3 |
Rio Tinto
RIO
|
+$55.7M |
| 4 |
Qorvo
QRVO
|
+$52.2M |
| 5 |
OUTR
OUTERWALL INC
OUTR
|
+$43.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 20.5% |
| 2 | Healthcare | 14.68% |
| 3 | Technology | 13.07% |
| 4 | Consumer Discretionary | 7.61% |
| 5 | Industrials | 6.7% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
Dr. Reddy's Laboratories
RDY
$9.85B
| $288M | 0.56% |
25,991,270
-89,855
| -0.3% | -$992K |
|
|
FIEG
52
DELISTED
FI Enhanced Global High Yield Exchange Traded Notes
FIEG
| $285M | 0.55% |
2,417,994
+355,326
| +17% | +$44.8M |
|
|
TTM
53
DELISTED
Tata Motors Limited
TTM
| $282M | 0.55% |
8,177,327
+1,231,849
| +18% | +$49.1M |
|
|
CS
54
DELISTED
Credit Suisse Group
CS
| $278M | 0.54% |
10,083,110
+72,502
| +0.7% | +$1.96M |
|
|
FIEU
55
DELISTED
FI Enhanced Europe 50 ETN
FIEU
| $268M | 0.52% |
2,307,674
+287,406
| +14% | +$35.3M |
|
|
SI
56
DELISTED
SIEMENS AKTIENGESELLSCHAFT ADS
SI
| $252M | 0.49% |
2,505,502
+71,921
| +3% | +$7.24M |
|
57
Trip.com Group
TCOM
$29.3B
| $235M | 0.46% |
6,477,810
+684,816
| +12% | +$23.9M |
|
|
SIVB
58
DELISTED
SVB Financial Group
SIVB
| $209M | 0.41% |
1,454,870
-5,015
| -0.3% | -$678K |
|
59
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$15.9B
| $208M | 0.4% |
2,337,054
+41,742
| +2% | +$3.77M |
|
60
State Street SPDR Nuveen ICE Municipal Bond ETF
TFI
$3.06B
| $204M | 0.4% |
4,302,267
+58,935
| +1% | +$2.81M |
|
|
BF
61
DELISTED
BASF AKTIENGESELLT ADS(RP1 ORD
BF
| $191M | 0.37% |
2,171,779
+52,650
| +2% | +$4.62M |
|
62
Baidu
BIDU
$36.5B
| $186M | 0.36% |
932,813
+69,947
| +8% | +$14.3M |
|
63
Domino's
DPZ
$11.7B
| $180M | 0.35% |
1,586,497
-117,130
| -7% | -$12.6M |
|
|
PRXL
64
DELISTED
Parexel International Corp
PRXL
| $156M | 0.3% |
2,431,850
-7,844
| -0.3% | -$529K |
|
65
Credicorp
BAP
$32B
| $154M | 0.3% |
1,109,030
+141,943
| +15% | +$20.8M |
|
66
iShares MSCI Taiwan ETF
EWT
$9.6B
| $151M | 0.29% |
4,782,842
+125,369
| +3% | +$4.04M |
|
|
ABB
67
DELISTED
ABB Ltd
ABB
| $147M | 0.29% |
7,030,514
-196,407
| -3% | -$4.31M |
|
68
East-West Bancorp
EWBC
$17.9B
| $135M | 0.26% |
3,003,485
+5,611
| +0.2% | +$240K |
|
69
Televisa
TV
$1.52B
| $129M | 0.25% |
3,330,940
+398,312
| +14% | +$14.7M |
|
|
EMBJ
70
Embraer S.A. ADS
EMBJ
$12.1B
| $114M | 0.22% |
3,777,869
+478,272
| +14% | +$14.8M |
|
|
71
Alibaba
BABA
$279B
| $107M | 0.21% |
+1,306,608
| New | +$112M |
|
72
ICICI Bank
IBN
$109B
| $107M | 0.21% |
11,281,511
+2,458,213
| +28% | +$23.1M |
|
|
AZPN
73
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $107M | 0.21% |
2,340,690
-12,785
| -0.5% | -$582K |
|
74
Webster Financial
WBS
$12.5B
| $106M | 0.21% |
2,680,330
-25,585
| -0.9% | -$965K |
|
|
RYL
75
DELISTED
RYLAND GROUP INC
RYL
| $104M | 0.2% |
2,249,518
-17,765
| -0.8% | -$789K |
|
Similar funds
Ken Fisher's Q2 2015 Portfolio in Review
As of Q2 2015, Ken Fisher held 665 positions worth $51.4B, up 2.8% from $50B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Ken Fisher's Q2 2015 filing shows 61 new, 277 increased, 210 reduced and 34 closed positions. Its largest new stake was Alibaba: 1,306,608 shares worth $107M. The largest sale was Royal Bank of Canada, an estimated $428M.
By sector, the portfolio is most concentrated in Financials at 21% of assets, up from 20% a quarter earlier, followed by Healthcare and Technology.
- Ken Fisher's largest Q2 2015 buy was Alibaba: 1,306,608 shares worth $107M.
- Ken Fisher added most to BAYER AG SPONS ADR in Q2 2015, an estimated $294M increase.
- Ken Fisher's biggest Q2 2015 reduction was Royal Bank of Canada, cutting an estimated $428M.
- Ken Fisher fully exited OUTERWALL INC in Q2 2015, selling an estimated $43.9M.
- Ken Fisher's ten largest holdings make up 22% of its $51.4B portfolio in Q2 2015.
- Ken Fisher opened 61 new positions and closed 34 in Q2 2015.
- Ken Fisher's portfolio value rose 2.8% quarter-over-quarter to $51.4B.
Based on Fisher Asset Management's 13F filing for Q2 2015, filed 17 Jul 2015.