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 | |
|---|---|---|---|---|---|---|
51
Walmart Inc
WMT
$884B
| $383M | 0.61% |
15,926,949
+496,422
| +3% | +$11.4M |
|
52
Infosys
INFY
$48.4B
| $374M | 0.6% |
47,319,680
+14,332
| +0% | +$107K |
|
|
NVO
53
Novo Nordisk
NVO
$228B
| $355M | 0.57% |
20,718,010
-525,066
| -2% | -$9.14M |
|
54
Lloyds Banking Group
LYG
$90.7B
| $351M | 0.56% |
103,337,539
-1,924,906
| -2% | -$6.49M |
|
55
Alphabet (Google) Class C
GOOG
$4.08T
| $338M | 0.54% |
8,144,260
-298,860
| -4% | -$12.3M |
|
|
56
Vodafone
VOD
$37.2B
| $328M | 0.53% |
+12,420,913
| New | +$318M |
|
57
SLB Ltd
SLB
$72.6B
| $327M | 0.52% |
4,181,686
+48,639
| +1% | +$3.98M |
|
|
BF
58
DELISTED
BASF AKTIENGESELLT ADS(RP1 ORD
BF
| $325M | 0.52% |
3,266,538
+20,161
| +0.6% | +$2M |
|
|
TTM
59
DELISTED
Tata Motors Limited
TTM
| $323M | 0.52% |
9,059,921
+60,739
| +0.7% | +$2.22M |
|
60
JD.com
JD
$43.6B
| $299M | 0.48% |
9,618,525
+127,893
| +1% | +$3.76M |
|
|
SIVB
61
DELISTED
SVB Financial Group
SIVB
| $282M | 0.45% |
1,516,305
-75,518
| -5% | -$13.7M |
|
62
Baidu
BIDU
$36.5B
| $274M | 0.44% |
1,588,436
+400,412
| +34% | +$70.5M |
|
63
Televisa
TV
$1.52B
| $271M | 0.43% |
10,430,858
+86,958
| +0.8% | +$2.06M |
|
64
Domino's
DPZ
$11.7B
| $259M | 0.41% |
1,402,994
-39,332
| -3% | -$7.04M |
|
65
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$15.9B
| $252M | 0.4% |
2,873,092
+144,152
| +5% | +$12.6M |
|
|
FIEU
66
DELISTED
FI Enhanced Europe 50 ETN
FIEU
| $230M | 0.37% |
2,159,458
-31,046
| -1% | -$3.06M |
|
67
Dr. Reddy's Laboratories
RDY
$9.85B
| $223M | 0.36% |
27,762,810
-346,680
| -1% | -$2.99M |
|
68
State Street SPDR Nuveen ICE Municipal Bond ETF
TFI
$3.06B
| $221M | 0.35% |
4,612,001
-68,204
| -1% | -$3.25M |
|
69
Eli Lilly
LLY
$1.03T
| $217M | 0.35% |
2,581,462
+266,698
| +12% | +$21.4M |
|
70
America Movil
AMX
$76B
| $213M | 0.34% |
15,044,446
+475,611
| +3% | +$6.2M |
|
71
Credicorp
BAP
$32B
| $211M | 0.34% |
1,291,779
+10,287
| +0.8% | +$1.69M |
|
72
ASE Group
ASX
$76.3B
| $203M | 0.33% |
31,369,497
+59,562
| +0.2% | +$355K |
|
73
Barclays
BCS
$93.4B
| $190M | 0.3% |
17,751,759
+1,200,036
| +7% | +$12.9M |
|
74
iShares MSCI Taiwan ETF
EWT
$9.6B
| $184M | 0.29% |
5,530,224
+340,553
| +7% | +$10.9M |
|
75
East-West Bancorp
EWBC
$17.9B
| $141M | 0.23% |
2,728,895
-107,472
| -4% | -$5.64M |
|
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.