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 | |
|---|---|---|---|---|---|---|
76
Steris
STE
$22.5B
| $104M | 0.2% |
1,613,251
-11,340
| -0.7% | -$765K |
|
77
Prudential
PUK
$38.5B
| $103M | 0.2% |
2,189,317
-10,365
| -0.5% | -$503K |
|
|
PACW
78
DELISTED
PacWest Bancorp
PACW
| $102M | 0.2% |
2,191,144
-21,231
| -1% | -$982K |
|
|
JAH
79
DELISTED
JARDEN CORPORATION
JAH
| $101M | 0.2% |
1,952,908
-18,835
| -1% | -$996K |
|
80
ASE Group
ASX
$76.3B
| $101M | 0.2% |
15,260,670
+2,057,905
| +16% | +$14.3M |
|
|
PMCS
81
DELISTED
P M C SIERRA INC
PMCS
| $99.8M | 0.19% |
11,662,994
-99,990
| -0.9% | -$893K |
|
|
WDR
82
DELISTED
Waddell & Reed Financial, Inc.
WDR
| $98.6M | 0.19% |
2,083,456
-14,735
| -0.7% | -$718K |
|
|
83
Qorvo
QRVO
$8.01B
| $96.8M | 0.19% |
1,206,108
-672,825
| -36% | -$52.2M |
|
84
Raymond James Financial
RJF
$33.6B
| $96.3M | 0.19% |
2,424,704
+47,015
| +2% | +$1.83M |
|
|
HPY
85
DELISTED
HEARTLAND PAYMENT SYSTEMS, INC. COM STK
HPY
| $96.3M | 0.19% |
1,780,768
-22,705
| -1% | -$1.19M |
|
86
Gilead Sciences
GILD
$163B
| $92.7M | 0.18% |
791,630
+2,015
| +0.3% | +$220K |
|
|
HRC
87
DELISTED
HILL-ROM HOLDINGS, INC.
HRC
| $89.5M | 0.17% |
1,647,237
-895
| -0.1% | -$46.5K |
|
88
ScottsMiracle-Gro
SMG
$3.97B
| $89M | 0.17% |
1,503,538
+10,240
| +0.7% | +$650K |
|
89
Eli Lilly
LLY
$1.03T
| $85.9M | 0.17% |
1,029,030
+233,121
| +29% | +$17.8M |
|
|
UMPQ
90
DELISTED
Umpqua Holdings Corp
UMPQ
| $83.4M | 0.16% |
4,637,183
+756,580
| +19% | +$13.4M |
|
91
Meritage Homes
MTH
$4.72B
| $82.7M | 0.16% |
3,510,890
+836,510
| +31% | +$18.9M |
|
|
CADE
92
DELISTED
Cadence Bank
CADE
| $81.8M | 0.16% |
3,177,313
-21,720
| -0.7% | -$536K |
|
93
Lazard
LAZ
$4.09B
| $80.5M | 0.16% |
1,431,839
-202,148
| -12% | -$11.2M |
|
94
RLJ Lodging Trust
RLJ
$1.87B
| $78.4M | 0.15% |
2,633,377
+372,675
| +16% | +$11.3M |
|
|
SF
95
Stifel
SF
$12.5B
| $77.7M | 0.15% |
3,029,621
+434,757
| +17% | +$10.7M |
|
96
Petrobras
PBR
$123B
| $77.3M | 0.15% |
8,535,979
+530,467
| +7% | +$4.75M |
|
|
VRNT
97
DELISTED
Verint Systems
VRNT
| $76.5M | 0.15% |
2,472,683
+827,650
| +50% | +$26.7M |
|
|
LSI
98
DELISTED
Life Storage, Inc.
LSI
| $76.5M | 0.15% |
1,319,486
+77,370
| +6% | +$4.63M |
|
|
AEL
99
DELISTED
American Equity Investment Life Holding Company
AEL
| $75.6M | 0.15% |
2,803,045
-44,730
| -2% | -$1.22M |
|
100
Chemed
CHE
$7.1B
| $75.5M | 0.15% |
575,585
-9,850
| -2% | -$1.22M |
|
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.