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 |
SI
SIEMENS AKTIENGESELLSCHAFT ADS
SI
|
+$125M |
| 2 |
Chevron
CVX
|
+$74.5M |
| 3 |
BF
BASF AKTIENGESELLT ADS(RP1 ORD
BF
|
+$69.7M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$69.2M |
| 5 |
Alibaba
BABA
|
+$60.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
HPY
HEARTLAND PAYMENT SYSTEMS, INC. COM STK
HPY
|
+$116M |
| 2 |
ABB
ABB Ltd
ABB
|
+$109M |
| 3 |
Prudential
PUK
|
+$107M |
| 4 |
JAH
JARDEN CORPORATION
JAH
|
+$78.2M |
| 5 |
ExxonMobil
XOM
|
+$68M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.96% |
| 2 | Healthcare | 14.07% |
| 3 | Technology | 13.49% |
| 4 | Consumer Discretionary | 8.15% |
| 5 | Industrials | 6.72% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
FIEG
51
DELISTED
FI Enhanced Global High Yield Exchange Traded Notes
FIEG
| $337M | 0.64% |
2,743,710
-135,147
| -5% | -$14.4M |
|
52
Lloyds Banking Group
LYG
$90.7B
| $331M | 0.63% |
84,272,015
-1,621,203
| -2% | -$6.28M |
|
53
SLB Ltd
SLB
$72.6B
| $326M | 0.62% |
4,273,670
+39,470
| +0.9% | +$2.78M |
|
|
FIEU
54
DELISTED
FI Enhanced Europe 50 ETN
FIEU
| $283M | 0.54% |
3,053,922
+138,996
| +5% | +$11.6M |
|
|
TTM
55
DELISTED
Tata Motors Limited
TTM
| $273M | 0.52% |
8,788,661
+442,962
| +5% | +$11.2M |
|
|
BF
56
DELISTED
BASF AKTIENGESELLT ADS(RP1 ORD
BF
| $245M | 0.46% |
3,172,055
+904,117
| +40% | +$69.7M |
|
|
57
Alibaba
BABA
$279B
| $243M | 0.46% |
3,081,224
+865,706
| +39% | +$60.9M |
|
58
State Street SPDR Nuveen ICE Municipal Bond ETF
TFI
$3.06B
| $241M | 0.46% |
4,857,323
+96,345
| +2% | +$4.74M |
|
59
Dr. Reddy's Laboratories
RDY
$9.85B
| $221M | 0.42% |
23,876,725
+1,351,945
| +6% | +$12.1M |
|
60
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$15.9B
| $212M | 0.4% |
2,574,719
+182,989
| +8% | +$14.5M |
|
61
Domino's
DPZ
$11.7B
| $205M | 0.39% |
1,477,159
-13,100
| -0.9% | -$1.56M |
|
62
Baidu
BIDU
$36.5B
| $205M | 0.39% |
1,059,188
+58,760
| +6% | +$10M |
|
63
Barclays
BCS
$93.4B
| $204M | 0.39% |
23,059,617
+1,721,414
| +8% | +$16M |
|
|
SIVB
64
DELISTED
SVB Financial Group
SIVB
| $176M | 0.33% |
1,615,974
+207,215
| +15% | +$20M |
|
65
Credicorp
BAP
$32B
| $170M | 0.32% |
1,226,662
+60,871
| +5% | +$6.7M |
|
|
PRXL
66
DELISTED
Parexel International Corp
PRXL
| $156M | 0.3% |
2,336,981
-18,475
| -0.8% | -$1.14M |
|
|
CS
67
DELISTED
Credit Suisse Group
CS
| $150M | 0.28% |
10,069,910
+98,723
| +1% | +$1.57M |
|
68
ASE Group
ASX
$76.3B
| $147M | 0.28% |
26,494,985
+9,056,769
| +52% | +$49.3M |
|
69
iShares MSCI Taiwan ETF
EWT
$9.6B
| $133M | 0.25% |
4,880,823
-89,483
| -2% | -$2.27M |
|
70
Eli Lilly
LLY
$1.03T
| $132M | 0.25% |
1,746,388
+274,271
| +19% | +$20.8M |
|
71
Ambev
ABEV
$48.2B
| $118M | 0.23% |
22,174,981
+3,307,992
| +18% | +$15.2M |
|
72
Steris
STE
$22.5B
| $115M | 0.22% |
1,613,920
-2,693
| -0.2% | -$182K |
|
73
ScottsMiracle-Gro
SMG
$3.97B
| $106M | 0.2% |
1,478,339
+8,050
| +0.5% | +$548K |
|
|
EMBJ
74
Embraer S.A. ADS
EMBJ
$12.1B
| $104M | 0.2% |
4,129,003
+173,244
| +4% | +$4.75M |
|
75
America Movil
AMX
$76B
| $103M | 0.2% |
6,732,131
+2,362,936
| +54% | +$32.6M |
|
Similar funds
Ken Fisher's Q1 2016 Portfolio in Review
As of Q1 2016, Ken Fisher held 845 positions worth $52.6B, up 1.4% from $51.9B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Fisher's Q1 2016 filing shows 52 new, 265 increased, 294 reduced and 101 closed positions. Its largest new stake was JD.com: 2,269,246 shares worth $67.8M. The largest sale was HEARTLAND PAYMENT SYSTEMS, INC. COM STK, an estimated $116M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, down from 20% a quarter earlier, followed by Healthcare and Technology.
- Ken Fisher's largest Q1 2016 buy was JD.com: 2,269,246 shares worth $67.8M.
- Ken Fisher added most to SIEMENS AKTIENGESELLSCHAFT ADS in Q1 2016, an estimated $125M increase.
- Ken Fisher's biggest Q1 2016 reduction was ABB Ltd, cutting an estimated $109M.
- Ken Fisher fully exited HEARTLAND PAYMENT SYSTEMS, INC. COM STK in Q1 2016, selling an estimated $116M.
- Ken Fisher's ten largest holdings make up 23% of its $52.6B portfolio in Q1 2016.
- Ken Fisher opened 52 new positions and closed 101 in Q1 2016.
- Ken Fisher's portfolio value rose 1.4% quarter-over-quarter to $52.6B.
Based on Fisher Asset Management's 13F filing for Q1 2016, filed 18 Apr 2016.