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 | |
|---|---|---|---|---|---|---|
|
JAH
76
DELISTED
JARDEN CORPORATION
JAH
| $106M | 0.2% |
1,862,212
-36,862
| -2% | -$1.85M |
|
77
ASE Group
ASX
$76.3B
| $98.9M | 0.19% |
17,438,216
+867,965
| +5% | +$4.86M |
|
78
Webster Financial
WBS
$12.5B
| $95.1M | 0.18% |
2,558,116
-39,453
| -2% | -$1.49M |
|
79
ScottsMiracle-Gro
SMG
$3.97B
| $94.8M | 0.18% |
1,470,289
-3,364
| -0.2% | -$223K |
|
|
PACW
80
DELISTED
PacWest Bancorp
PACW
| $93.1M | 0.18% |
2,159,669
-15,704
| -0.7% | -$707K |
|
|
LSI
81
DELISTED
Life Storage, Inc.
LSI
| $91.6M | 0.18% |
1,280,544
-309
| -0% | -$20.7K |
|
82
Raymond James Financial
RJF
$33.6B
| $90.7M | 0.17% |
2,348,112
-4,019
| -0.2% | -$150K |
|
83
Televisa
TV
$1.52B
| $89.1M | 0.17% |
3,273,368
-176,105
| -5% | -$4.93M |
|
84
ICICI Bank
IBN
$109B
| $88.8M | 0.17% |
12,478,888
+1,104,337
| +10% | +$8.32M |
|
|
AZPN
85
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $86.8M | 0.17% |
2,297,681
-5,944
| -0.3% | -$224K |
|
|
CAA
86
DELISTED
CalAtlantic Group, Inc.
CAA
| $85.7M | 0.17% |
2,260,239
+2,258,076
| +104,396% | +$90.3M |
|
87
Ambev
ABEV
$48.2B
| $84.1M | 0.16% |
18,866,989
+6,320,992
| +50% | +$30.9M |
|
88
Chemed
CHE
$7.1B
| $82.3M | 0.16% |
549,589
-4,365
| -0.8% | -$645K |
|
89
Henry Schein
HSIC
$9.7B
| $79.4M | 0.15% |
1,280,105
-32,286
| -2% | -$1.92M |
|
90
Smith & Nephew
SNN
$13.6B
| $78.6M | 0.15% |
2,207,255
+17,015
| +0.8% | +$583K |
|
|
UMPQ
91
DELISTED
Umpqua Holdings Corp
UMPQ
| $77.5M | 0.15% |
4,872,860
+20,823
| +0.4% | +$352K |
|
|
HRC
92
DELISTED
HILL-ROM HOLDINGS, INC.
HRC
| $76.3M | 0.15% |
1,588,444
-6,596
| -0.4% | -$337K |
|
|
NUVA
93
DELISTED
NuVasive, Inc.
NUVA
| $75.9M | 0.15% |
1,403,598
-10,884
| -0.8% | -$555K |
|
|
VRNT
94
DELISTED
Verint Systems
VRNT
| $74.9M | 0.14% |
3,622,705
+961,456
| +36% | +$21.8M |
|
95
West Pharmaceutical
WST
$23.9B
| $74.7M | 0.14% |
1,240,153
-8,955
| -0.7% | -$539K |
|
96
Ingredion
INGR
$6.33B
| $72.1M | 0.14% |
752,617
+2,585
| +0.3% | +$245K |
|
|
CADE
97
DELISTED
Cadence Bank
CADE
| $70.6M | 0.14% |
2,942,976
-63,922
| -2% | -$1.6M |
|
|
BECN
98
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $70.5M | 0.14% |
1,712,783
+2,270
| +0.1% | +$87K |
|
|
FEIC
99
DELISTED
FEI COMPANY
FEIC
| $70.4M | 0.14% |
882,259
-853
| -0.1% | -$65.9K |
|
100
Prestige Consumer Healthcare
PBH
$2.37B
| $70M | 0.13% |
1,358,980
-18,427
| -1% | -$915K |
|
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.