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 MSCI Taiwan ETF
EWT
|
+$145M |
| 2 |
Qorvo
QRVO
|
+$134M |
| 3 |
Infosys
INFY
|
+$71.4M |
| 4 |
TTM
Tata Motors Limited
TTM
|
+$56.4M |
| 5 |
Dr. Reddy's Laboratories
RDY
|
+$56.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TQNT
TRIQUINT SEMICONDUCTOR INC
TQNT
|
+$154M |
| 2 |
Vanguard S&P 500 ETF
VOO
|
+$51.1M |
| 3 |
NETGEAR
NTGR
|
+$39.5M |
| 4 |
FIGY
Barclays ETN+ FI Enhanced Global High Yield ETN
FIGY
|
+$37.1M |
| 5 |
FEEU
Barclays ETN+ FI Enhanced Europe 50 ETN
FEEU
|
+$26.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 20.41% |
| 2 | Healthcare | 14.51% |
| 3 | Technology | 13.39% |
| 4 | Consumer Discretionary | 7.23% |
| 5 | Industrials | 6.9% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Henry Schein
HSIC
$9.77B
| $74M | 0.15% |
1,351,778
-8,920
| -0.7% | -$490K |
|
|
JNS
102
DELISTED
Janus Capital Group Inc
JNS
| $73.5M | 0.15% |
4,276,800
-80,665
| -2% | -$1.38M |
|
|
NUVA
103
DELISTED
NuVasive, Inc.
NUVA
| $71.5M | 0.14% |
1,554,352
+38,413
| +3% | +$1.78M |
|
104
Lincoln Electric
LECO
$14.3B
| $71M | 0.14% |
1,085,813
+7,120
| +0.7% | +$483K |
|
105
RLJ Lodging Trust
RLJ
$1.86B
| $70.8M | 0.14% |
2,260,702
+77,820
| +4% | +$2.57M |
|
106
Chemed
CHE
$7.07B
| $69.9M | 0.14% |
585,435
+15,395
| +3% | +$1.71M |
|
|
FEIC
107
DELISTED
FEI COMPANY
FEIC
| $67M | 0.13% |
878,092
-17,470
| -2% | -$1.4M |
|
108
Canadian National Railway
CNI
$76.9B
| $66.7M | 0.13% |
997,811
+12,381
| +1% | +$843K |
|
|
UMPQ
109
DELISTED
Umpqua Holdings Corp
UMPQ
| $66.7M | 0.13% |
3,880,603
+400,911
| +12% | +$6.62M |
|
110
Toro Company
TTC
$8.75B
| $65.4M | 0.13% |
1,866,508
-30,550
| -2% | -$1.01M |
|
111
Wintrust Financial
WTFC
$10.8B
| $65.3M | 0.13% |
1,370,403
-35,655
| -3% | -$1.65M |
|
112
Meritage Homes
MTH
$4.58B
| $65M | 0.13% |
2,674,380
-28,886
| -1% | -$584K |
|
113
ASML
ASML
$626B
| $64.9M | 0.13% |
642,019
-17,908
| -3% | -$1.88M |
|
|
CAB
114
DELISTED
Cabela's Inc
CAB
| $64.7M | 0.13% |
1,155,483
-22,485
| -2% | -$1.24M |
|
|
SF
115
Stifel
SF
$12.6B
| $64.3M | 0.13% |
2,594,864
-3,735
| -0.1% | -$86.3K |
|
116
HUB Group
HUBG
$2.85B
| $63.9M | 0.13% |
3,253,934
-53,800
| -2% | -$1.01M |
|
117
Veeco
VECO
$3.05B
| $63.8M | 0.13% |
2,087,149
-35,525
| -2% | -$1.11M |
|
|
ARMH
118
DELISTED
ARM HOLDINGS PLC ADS
ARMH
| $63.1M | 0.13% |
1,280,826
-7,187
| -0.6% | -$357K |
|
|
BID
119
DELISTED
Sotheby's
BID
| $62.7M | 0.13% |
1,484,073
-205,580
| -12% | -$8.77M |
|
|
THS
120
DELISTED
Treehouse Foods
THS
| $61.4M | 0.12% |
722,754
-12,650
| -2% | -$1.09M |
|
121
Ingredion
INGR
$6.27B
| $60.1M | 0.12% |
772,382
-6,152
| -0.8% | -$503K |
|
|
WMGI
122
DELISTED
Wright Medical Group Inc
WMGI
| $59.8M | 0.12% |
2,316,764
-33,515
| -1% | -$863K |
|
123
Prestige Consumer Healthcare
PBH
$2.38B
| $59.5M | 0.12% |
1,388,125
-58,525
| -4% | -$2.23M |
|
124
AbbVie
ABBV
$443B
| $59.2M | 0.12% |
1,010,756
+9,651
| +1% | +$583K |
|
125
Eli Lilly
LLY
$1.02T
| $57.8M | 0.12% |
795,909
+216,917
| +37% | +$15.4M |
|
Similar funds
Ken Fisher's Q1 2015 Portfolio in Review
As of Q1 2015, Ken Fisher held 664 positions worth $50B, up 3.5% from $48.4B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Ken Fisher's Q1 2015 filing shows 44 new, 219 increased, 244 reduced and 60 closed positions. Its largest new stake was iShares MSCI Taiwan ETF: 4,657,473 shares worth $147M. The largest sale was TRIQUINT SEMICONDUCTOR INC, an estimated $154M.
By sector, the portfolio is most concentrated in Financials at 20% of assets, down from 22% a quarter earlier, followed by Healthcare and Technology.
- Ken Fisher's largest Q1 2015 buy was iShares MSCI Taiwan ETF: 4,657,473 shares worth $147M.
- Ken Fisher added most to Infosys in Q1 2015, an estimated $71.4M increase.
- Ken Fisher's biggest Q1 2015 reduction was Vanguard S&P 500 ETF, cutting an estimated $51.1M.
- Ken Fisher fully exited TRIQUINT SEMICONDUCTOR INC in Q1 2015, selling an estimated $154M.
- Ken Fisher's ten largest holdings make up 22% of its $50B portfolio in Q1 2015.
- Ken Fisher opened 44 new positions and closed 60 in Q1 2015.
- Ken Fisher's portfolio value rose 3.5% quarter-over-quarter to $50B.
Based on Fisher Asset Management's 13F filing for Q1 2015, filed 30 Apr 2015.