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 |
Walmart Inc
WMT
|
+$323M |
| 2 |
JD.com
JD
|
+$141M |
| 3 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$90.2M |
| 4 |
America Movil
AMX
|
+$62.6M |
| 5 |
FIHD
UBS AG FI Enhanced Global High Yield ETN
FIHD
|
+$60.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$351M |
| 2 |
EMBJ
Embraer S.A. ADS
EMBJ
|
+$104M |
| 3 |
FEIC
FEI COMPANY
FEIC
|
+$39.1M |
| 4 |
FIGY
Barclays ETN+ FI Enhanced Global High Yield ETN
FIGY
|
+$36.1M |
| 5 |
FBGX
UBS AG FI Enhanced Large Cap Growth ETN
FBGX
|
+$28.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.08% |
| 2 | Healthcare | 14.41% |
| 3 | Technology | 13.36% |
| 4 | Consumer Discretionary | 8.06% |
| 5 | Industrials | 6.42% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CS
76
DELISTED
Credit Suisse Group
CS
| $111M | 0.21% |
10,318,911
+249,001
| +2% | +$3.4M |
|
77
ScottsMiracle-Gro
SMG
$3.97B
| $110M | 0.2% |
1,484,559
+6,220
| +0.4% | +$432K |
|
|
FIHD
78
DELISTED
UBS AG FI Enhanced Global High Yield ETN
FIHD
| $101M | 0.19% |
821,352
+518,228
| +171% | +$60.6M |
|
79
Ingredion
INGR
$6.33B
| $101M | 0.19% |
764,509
+8,139
| +1% | +$947K |
|
80
East-West Bancorp
EWBC
$17.9B
| $99.1M | 0.18% |
2,896,566
+41,874
| +1% | +$1.51M |
|
81
West Pharmaceutical
WST
$23.9B
| $96.1M | 0.18% |
1,235,850
+7,487
| +0.6% | +$545K |
|
|
AZPN
82
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $95.1M | 0.18% |
2,269,174
-21,084
| -0.9% | -$883K |
|
83
ICICI Bank
IBN
$109B
| $94.5M | 0.18% |
13,713,895
+557
| +0% | +$3.58K |
|
|
LSI
84
DELISTED
Life Storage, Inc.
LSI
| $92.6M | 0.17% |
1,299,302
+31,908
| +3% | +$2.32M |
|
|
CAA
85
DELISTED
CalAtlantic Group, Inc.
CAA
| $91.2M | 0.17% |
2,272,453
+40,000
| +2% | +$1.4M |
|
86
Henry Schein
HSIC
$9.7B
| $90.3M | 0.17% |
1,266,822
-6,934
| -0.5% | -$469K |
|
87
Webster Financial
WBS
$12.5B
| $87.2M | 0.16% |
2,534,251
-7,116
| -0.3% | -$259K |
|
|
NUVA
88
DELISTED
NuVasive, Inc.
NUVA
| $87M | 0.16% |
1,412,861
+2,081
| +0.1% | +$112K |
|
|
PACW
89
DELISTED
PacWest Bancorp
PACW
| $85.7M | 0.16% |
2,139,625
-5,466
| -0.3% | -$214K |
|
90
Petrobras
PBR
$123B
| $83.9M | 0.16% |
10,803,076
+290,497
| +3% | +$1.92M |
|
91
Smith & Nephew
SNN
$13.6B
| $83M | 0.15% |
2,420,956
+3,631
| +0.2% | +$123K |
|
|
BECN
92
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $82.7M | 0.15% |
1,712,739
+749
| +0% | +$32.2K |
|
93
Prestige Consumer Healthcare
PBH
$2.37B
| $82.4M | 0.15% |
1,469,502
+45
| +0% | +$2.48K |
|
|
HRC
94
DELISTED
HILL-ROM HOLDINGS, INC.
HRC
| $80.5M | 0.15% |
1,576,535
+5,975
| +0.4% | +$301K |
|
95
Toro Company
TTC
$8.72B
| $80.3M | 0.15% |
1,779,340
-7,036
| -0.4% | -$307K |
|
96
Raymond James Financial
RJF
$33.6B
| $79.7M | 0.15% |
2,379,563
+42,258
| +2% | +$1.45M |
|
97
NETSCOUT
NTCT
$2.91B
| $78.3M | 0.15% |
3,347,533
+62,895
| +2% | +$1.46M |
|
98
Chemed
CHE
$7.1B
| $75.8M | 0.14% |
549,908
+640
| +0.1% | +$84.9K |
|
|
UMPQ
99
DELISTED
Umpqua Holdings Corp
UMPQ
| $75.5M | 0.14% |
4,799,721
-471
| -0% | -$7.35K |
|
|
FNSR
100
DELISTED
Finisar Corp
FNSR
| $75.3M | 0.14% |
4,122,559
+69,249
| +2% | +$1.18M |
|
Similar funds
Ken Fisher's Q2 2016 Portfolio in Review
As of Q2 2016, Ken Fisher held 787 positions worth $53.9B, up 2.4% from $52.6B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Fisher's Q2 2016 filing shows 43 new, 284 increased, 281 reduced and 42 closed positions. Its largest new stake was DST Systems Inc.: 280,332 shares worth $16.9M. The largest sale was Amazon, an estimated $351M.
By sector, the portfolio is most concentrated in Financials at 17% of assets, down from 18% a quarter earlier, followed by Healthcare and Technology.
- Ken Fisher's largest Q2 2016 buy was DST Systems Inc.: 280,332 shares worth $16.9M.
- Ken Fisher added most to Walmart Inc in Q2 2016, an estimated $323M increase.
- Ken Fisher's biggest Q2 2016 reduction was Amazon, cutting an estimated $351M.
- Ken Fisher fully exited Embraer S.A. ADS in Q2 2016, selling an estimated $104M.
- Ken Fisher's ten largest holdings make up 23% of its $53.9B portfolio in Q2 2016.
- Ken Fisher opened 43 new positions and closed 42 in Q2 2016.
- Ken Fisher's portfolio value rose 2.4% quarter-over-quarter to $53.9B.
Based on Fisher Asset Management's 13F filing for Q2 2016, filed 12 Jul 2016.