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 |
FIHD
UBS AG FI Enhanced Global High Yield ETN
FIHD
|
+$353M |
| 2 |
Televisa
TV
|
+$92.4M |
| 3 |
FLGE
Credit Suisse FI Large Cap Growth Enhanced Exchange Traded Notes
FLGE
|
+$38.2M |
| 4 |
DST
DST Systems Inc.
DST
|
+$36.8M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$27M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FIEG
FI Enhanced Global High Yield Exchange Traded Notes
FIEG
|
+$315M |
| 2 |
CAB
Cabela's Inc
CAB
|
+$56.7M |
| 3 |
NXP Semiconductors
NXPI
|
+$48.7M |
| 4 |
TSMC
TSM
|
+$24.7M |
| 5 |
FIGY
Barclays ETN+ FI Enhanced Global High Yield ETN
FIGY
|
+$23.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.9% |
| 2 | Technology | 14.05% |
| 3 | Healthcare | 12.4% |
| 4 | Consumer Discretionary | 7.69% |
| 5 | Industrials | 6.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
East-West Bancorp
EWBC
$17.9B
| $144M | 0.25% |
2,836,367
-73,288
| -3% | -$3.26M |
|
77
ScottsMiracle-Gro
SMG
$3.97B
| $143M | 0.25% |
1,492,927
-47,659
| -3% | -$4.27M |
|
78
Webster Financial
WBS
$12.5B
| $133M | 0.23% |
2,458,159
-96,363
| -4% | -$4.43M |
|
|
FNSR
79
DELISTED
Finisar Corp
FNSR
| $126M | 0.22% |
4,153,969
-28,692
| -0.7% | -$881K |
|
|
80
NXP Semiconductors
NXPI
$61.8B
| $121M | 0.21% |
1,229,604
-490,159
| -29% | -$48.7M |
|
|
AZPN
81
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $120M | 0.21% |
2,193,806
-54,650
| -2% | -$2.99M |
|
82
Capital One
COF
$129B
| $117M | 0.2% |
1,343,791
-39,650
| -3% | -$3.2M |
|
83
Ambev
ABEV
$48.2B
| $114M | 0.2% |
23,187,772
-632,069
| -3% | -$3.41M |
|
|
PACW
84
DELISTED
PacWest Bancorp
PACW
| $113M | 0.2% |
2,077,542
-61,387
| -3% | -$2.97M |
|
|
SF
85
Stifel
SF
$12.5B
| $110M | 0.19% |
4,936,187
-67,795
| -1% | -$1.36M |
|
86
Raymond James Financial
RJF
$33.6B
| $109M | 0.19% |
2,356,329
-49,686
| -2% | -$2.2M |
|
87
Petrobras
PBR
$123B
| $108M | 0.19% |
10,691,675
+37,531
| +0.4% | +$401K |
|
88
Steris
STE
$22.5B
| $107M | 0.19% |
1,585,374
-53,938
| -3% | -$3.66M |
|
89
NETSCOUT
NTCT
$2.91B
| $104M | 0.18% |
3,314,992
-65,388
| -2% | -$2.01M |
|
90
Toro Company
TTC
$8.72B
| $99.6M | 0.17% |
1,780,109
-35,223
| -2% | -$1.8M |
|
91
West Pharmaceutical
WST
$23.9B
| $99.3M | 0.17% |
1,170,631
-51,831
| -4% | -$4.08M |
|
92
Morgan Stanley
MS
$330B
| $97.5M | 0.17% |
2,308,151
-41,884
| -2% | -$1.58M |
|
93
Wintrust Financial
WTFC
$10.8B
| $94.4M | 0.16% |
1,301,361
-26,226
| -2% | -$1.63M |
|
|
NUVA
94
DELISTED
NuVasive, Inc.
NUVA
| $94.2M | 0.16% |
1,398,259
-24,326
| -2% | -$1.57M |
|
95
Ingredion
INGR
$6.33B
| $92.9M | 0.16% |
743,377
-22,681
| -3% | -$2.87M |
|
|
UMPQ
96
DELISTED
Umpqua Holdings Corp
UMPQ
| $90.3M | 0.16% |
4,809,314
-65,727
| -1% | -$1.12M |
|
|
HRC
97
DELISTED
HILL-ROM HOLDINGS, INC.
HRC
| $89.7M | 0.16% |
1,597,159
-30,137
| -2% | -$1.71M |
|
|
CADE
98
DELISTED
Cadence Bank
CADE
| $89M | 0.16% |
2,866,067
-88,466
| -3% | -$2.37M |
|
99
ICICI Bank
IBN
$109B
| $86.7M | 0.15% |
12,735,930
-53,124
| -0.4% | -$379K |
|
100
Chemed
CHE
$7.1B
| $86.7M | 0.15% |
540,570
-8,716
| -2% | -$1.28M |
|
Similar funds
Ken Fisher's Q4 2016 Portfolio in Review
As of Q4 2016, Ken Fisher held 837 positions worth $57.4B, up 2% from $56.3B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Ken Fisher's Q4 2016 filing shows 61 new, 208 increased, 401 reduced and 54 closed positions. Its largest new stake was Barclays ETN+ FI Enhanced Europe 50 ETN Series B: 174,286 shares worth $18.7M. The largest sale was FI Enhanced Global High Yield Exchange Traded Notes, an estimated $315M.
By sector, the portfolio is most concentrated in Financials at 20% of assets, up from 17% a quarter earlier, followed by Technology and Healthcare.
- Ken Fisher's largest Q4 2016 buy was Barclays ETN+ FI Enhanced Europe 50 ETN Series B: 174,286 shares worth $18.7M.
- Ken Fisher added most to UBS AG FI Enhanced Global High Yield ETN in Q4 2016, an estimated $353M increase.
- Ken Fisher's biggest Q4 2016 reduction was FI Enhanced Global High Yield Exchange Traded Notes, cutting an estimated $315M.
- Ken Fisher fully exited Cabela's Inc in Q4 2016, selling an estimated $56.7M.
- Ken Fisher's ten largest holdings make up 22% of its $57.4B portfolio in Q4 2016.
- Ken Fisher opened 61 new positions and closed 54 in Q4 2016.
- Ken Fisher's portfolio value rose 2% quarter-over-quarter to $57.4B.
Based on Fisher Asset Management's 13F filing for Q4 2016, filed 10 Jan 2017.