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 | |
|---|---|---|---|---|---|---|
|
PRXL
76
DELISTED
Parexel International Corp
PRXL
| $136M | 0.22% |
2,160,308
-84,136
| -4% | -$5.56M |
|
|
77
Itaú Unibanco
ITUB
$93B
| $135M | 0.22% |
+23,102,659
| New | +$137M |
|
78
ScottsMiracle-Gro
SMG
$3.97B
| $135M | 0.22% |
1,446,213
-46,714
| -3% | -$4.33M |
|
79
Ambev
ABEV
$48.2B
| $135M | 0.22% |
23,439,336
+251,564
| +1% | +$1.38M |
|
|
AZPN
80
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $124M | 0.2% |
2,101,000
-92,806
| -4% | -$5.47M |
|
81
NETSCOUT
NTCT
$2.91B
| $120M | 0.19% |
3,166,443
-148,549
| -4% | -$5.25M |
|
82
Webster Financial
WBS
$12.5B
| $120M | 0.19% |
2,401,083
-57,076
| -2% | -$3.05M |
|
83
Capital One
COF
$129B
| $114M | 0.18% |
1,311,977
-31,814
| -2% | -$2.83M |
|
84
Raymond James Financial
RJF
$33.6B
| $112M | 0.18% |
2,204,231
-152,098
| -6% | -$7.74M |
|
|
HRC
85
DELISTED
HILL-ROM HOLDINGS, INC.
HRC
| $111M | 0.18% |
1,569,661
-27,498
| -2% | -$1.75M |
|
|
FNSR
86
DELISTED
Finisar Corp
FNSR
| $110M | 0.18% |
4,008,322
-145,647
| -4% | -$4.46M |
|
87
Toro Company
TTC
$8.72B
| $109M | 0.17% |
1,739,544
-40,565
| -2% | -$2.42M |
|
|
PACW
88
DELISTED
PacWest Bancorp
PACW
| $108M | 0.17% |
2,027,506
-50,036
| -2% | -$2.74M |
|
89
Steris
STE
$22.5B
| $108M | 0.17% |
1,547,816
-37,558
| -2% | -$2.6M |
|
|
SF
90
Stifel
SF
$12.5B
| $105M | 0.17% |
4,713,174
-223,013
| -5% | -$5.14M |
|
91
Petrobras
PBR
$123B
| $105M | 0.17% |
10,796,852
+105,177
| +1% | +$1.08M |
|
|
NUVA
92
DELISTED
NuVasive, Inc.
NUVA
| $101M | 0.16% |
1,354,648
-43,611
| -3% | -$3.16M |
|
93
ICICI Bank
IBN
$109B
| $99.6M | 0.16% |
12,743,836
+7,906
| +0.1% | +$59K |
|
94
NetEase
NTES
$84.4B
| $98.4M | 0.16% |
+1,732,650
| New | +$93.3M |
|
95
Morgan Stanley
MS
$330B
| $94.5M | 0.15% |
2,205,157
-102,994
| -4% | -$4.57M |
|
96
Littelfuse
LFUS
$11.2B
| $93.9M | 0.15% |
587,461
+108,781
| +23% | +$17.2M |
|
97
Chemed
CHE
$7.1B
| $93.7M | 0.15% |
512,624
-27,946
| -5% | -$4.87M |
|
|
CLGX
98
DELISTED
Corelogic, Inc.
CLGX
| $92M | 0.15% |
2,258,652
+35,584
| +2% | +$1.35M |
|
99
West Pharmaceutical
WST
$23.9B
| $91.7M | 0.15% |
1,124,209
-46,422
| -4% | -$3.88M |
|
|
VRNT
100
DELISTED
Verint Systems
VRNT
| $89.6M | 0.14% |
4,057,062
-67,949
| -2% | -$1.32M |
|
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.