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 |
Alphabet (Google) Class A
GOOGL
|
+$702M |
| 2 |
CAA
CalAtlantic Group, Inc.
CAA
|
+$90.3M |
| 3 |
America Movil
AMX
|
+$71.3M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$62.1M |
| 5 |
Stratasys
SSYS
|
+$53.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class C
GOOG
|
+$671M |
| 2 |
RYL
RYLAND GROUP INC
RYL
|
+$90.9M |
| 3 |
PMCS
P M C SIERRA INC
PMCS
|
+$76.3M |
| 4 |
BMR
BIOMED REALTY TRUST INC
BMR
|
+$40.1M |
| 5 |
HPY
HEARTLAND PAYMENT SYSTEMS, INC. COM STK
HPY
|
+$38.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.64% |
| 2 | Healthcare | 14.19% |
| 3 | Technology | 13.13% |
| 4 | Consumer Discretionary | 7.98% |
| 5 | Industrials | 6.61% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
SLB Ltd
SLB
$72.6B
| $295M | 0.57% |
4,234,200
+43,468
| +1% | +$3.25M |
|
|
FIEU
52
DELISTED
FI Enhanced Europe 50 ETN
FIEU
| $286M | 0.55% |
2,914,926
+361,745
| +14% | +$37.5M |
|
|
SI
53
DELISTED
SIEMENS AKTIENGESELLSCHAFT ADS
SI
| $260M | 0.5% |
2,659,563
+127,985
| +5% | +$12.5M |
|
54
Barclays
BCS
$93.4B
| $259M | 0.5% |
21,338,203
+348,541
| +2% | +$4.62M |
|
55
Chevron
CVX
$383B
| $251M | 0.48% |
2,785,950
+162,445
| +6% | +$14.6M |
|
|
TTM
56
DELISTED
Tata Motors Limited
TTM
| $246M | 0.47% |
8,345,699
+222,280
| +3% | +$6.45M |
|
57
State Street SPDR Nuveen ICE Municipal Bond ETF
TFI
$3.06B
| $232M | 0.45% |
4,760,978
+177,579
| +4% | +$8.58M |
|
|
CS
58
DELISTED
Credit Suisse Group
CS
| $216M | 0.42% |
9,971,187
-421,006
| -4% | -$9.83M |
|
59
Dr. Reddy's Laboratories
RDY
$9.85B
| $209M | 0.4% |
22,524,780
-2,282,970
| -9% | -$25M |
|
60
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$15.9B
| $193M | 0.37% |
2,391,730
+77,356
| +3% | +$6.43M |
|
61
Baidu
BIDU
$36.5B
| $189M | 0.36% |
1,000,428
+42,822
| +4% | +$7.89M |
|
62
Alibaba
BABA
$279B
| $180M | 0.35% |
2,215,518
+189,433
| +9% | +$14.9M |
|
|
BF
63
DELISTED
BASF AKTIENGESELLT ADS(RP1 ORD
BF
| $174M | 0.34% |
2,267,938
+95,249
| +4% | +$7.32M |
|
|
SIVB
64
DELISTED
SVB Financial Group
SIVB
| $168M | 0.32% |
1,408,759
-5,200
| -0.4% | -$645K |
|
65
Domino's
DPZ
$11.7B
| $166M | 0.32% |
1,490,259
-16,263
| -1% | -$1.74M |
|
|
PRXL
66
DELISTED
Parexel International Corp
PRXL
| $160M | 0.31% |
2,355,456
-37,871
| -2% | -$2.46M |
|
67
Prudential
PUK
$38.5B
| $130M | 0.25% |
2,966,871
+154,957
| +6% | +$6.9M |
|
68
iShares MSCI Taiwan ETF
EWT
$9.6B
| $127M | 0.24% |
4,970,306
+73,734
| +2% | +$2.02M |
|
69
Eli Lilly
LLY
$1.03T
| $124M | 0.24% |
1,472,117
+232,709
| +19% | +$19.3M |
|
70
Steris
STE
$22.5B
| $122M | 0.23% |
1,616,613
-3,930
| -0.2% | -$284K |
|
71
East-West Bancorp
EWBC
$17.9B
| $119M | 0.23% |
2,861,608
-50,677
| -2% | -$2.08M |
|
|
EMBJ
72
Embraer S.A. ADS
EMBJ
$12.1B
| $117M | 0.23% |
3,955,759
+80,464
| +2% | +$2.36M |
|
|
ABB
73
DELISTED
ABB Ltd
ABB
| $117M | 0.22% |
6,580,144
-448,069
| -6% | -$8.25M |
|
|
HPY
74
DELISTED
HEARTLAND PAYMENT SYSTEMS, INC. COM STK
HPY
| $116M | 0.22% |
1,226,974
-497,624
| -29% | -$38.4M |
|
75
Credicorp
BAP
$32B
| $113M | 0.22% |
1,165,791
+37,086
| +3% | +$4.03M |
|
Similar funds
Ken Fisher's Q4 2015 Portfolio in Review
As of Q4 2015, Ken Fisher held 832 positions worth $51.9B, up 8.1% from $48B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Fisher's Q4 2015 filing shows 117 new, 382 increased, 189 reduced and 39 closed positions. Its largest new stake was Alphabet (Google) Class A: 18,980,280 shares worth $738M. The largest sale was Alphabet (Google) Class C, an estimated $671M.
By sector, the portfolio is most concentrated in Financials at 20% of assets, down from 20% a quarter earlier, followed by Healthcare and Technology.
- Ken Fisher's largest Q4 2015 buy was Alphabet (Google) Class A: 18,980,280 shares worth $738M.
- Ken Fisher added most to CalAtlantic Group, Inc. in Q4 2015, an estimated $90.3M increase.
- Ken Fisher's biggest Q4 2015 reduction was Alphabet (Google) Class C, cutting an estimated $671M.
- Ken Fisher fully exited RYLAND GROUP INC in Q4 2015, selling an estimated $90.9M.
- Ken Fisher's ten largest holdings make up 23% of its $51.9B portfolio in Q4 2015.
- Ken Fisher opened 117 new positions and closed 39 in Q4 2015.
- Ken Fisher's portfolio value rose 8.1% quarter-over-quarter to $51.9B.
Based on Fisher Asset Management's 13F filing for Q4 2015, filed 14 Jan 2016.