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 |
SI
SIEMENS AKTIENGESELLSCHAFT ADS
SI
|
+$125M |
| 2 |
Chevron
CVX
|
+$74.5M |
| 3 |
BF
BASF AKTIENGESELLT ADS(RP1 ORD
BF
|
+$69.7M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$69.2M |
| 5 |
Alibaba
BABA
|
+$60.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
HPY
HEARTLAND PAYMENT SYSTEMS, INC. COM STK
HPY
|
+$116M |
| 2 |
ABB
ABB Ltd
ABB
|
+$109M |
| 3 |
Prudential
PUK
|
+$107M |
| 4 |
JAH
JARDEN CORPORATION
JAH
|
+$78.2M |
| 5 |
ExxonMobil
XOM
|
+$68M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.96% |
| 2 | Healthcare | 14.07% |
| 3 | Technology | 13.49% |
| 4 | Consumer Discretionary | 8.15% |
| 5 | Industrials | 6.72% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Petrobras
PBR
$123B
| $70.6M | 0.13% |
10,512,579
+439,251
| +4% | +$1.77M |
|
102
Lazard
LAZ
$4.09B
| $69.7M | 0.13% |
1,839,943
+290,017
| +19% | +$10.4M |
|
103
JD.com
JD
$43.6B
| $67.8M | 0.13% |
+2,269,246
| New | +$59.6M |
|
104
Meritage Homes
MTH
$4.72B
| $66.3M | 0.13% |
3,431,358
+4,272
| +0.1% | +$68K |
|
105
Lincoln Electric
LECO
$13.7B
| $65.4M | 0.12% |
1,091,394
+5,262
| +0.5% | +$286K |
|
|
CADE
106
DELISTED
Cadence Bank
CADE
| $64.3M | 0.12% |
2,910,943
-32,033
| -1% | -$665K |
|
|
KSU
107
DELISTED
Kansas City Southern
KSU
| $63.6M | 0.12% |
695,350
-11,570
| -2% | -$903K |
|
|
SF
108
Stifel
SF
$12.5B
| $63.4M | 0.12% |
4,636,613
+1,592,964
| +52% | +$22.6M |
|
109
ASML
ASML
$634B
| $63.4M | 0.12% |
636,577
-16,223
| -2% | -$1.46M |
|
110
Wintrust Financial
WTFC
$10.8B
| $62.1M | 0.12% |
1,319,134
+3,325
| +0.3% | +$142K |
|
111
Boston Beer
SAM
$1.93B
| $62M | 0.12% |
344,723
+57,532
| +20% | +$10.5M |
|
112
Artisan Partners
APAM
$2.82B
| $61.7M | 0.12% |
1,856,828
+715,444
| +63% | +$20.9M |
|
|
JNS
113
DELISTED
Janus Capital Group Inc
JNS
| $61.7M | 0.12% |
4,076,949
+508
| +0% | +$6.61K |
|
114
HEICO Corp
HEI
$49.5B
| $60.9M | 0.12% |
2,419,868
-60,195
| -2% | -$1.38M |
|
115
HUB Group
HUBG
$2.78B
| $60.7M | 0.12% |
3,053,092
-80,542
| -3% | -$1.4M |
|
|
THS
116
DELISTED
Treehouse Foods
THS
| $60.4M | 0.11% |
678,185
-15,863
| -2% | -$1.27M |
|
|
SEM
117
DELISTED
Select Medical
SEM
| $60.3M | 0.11% |
8,924,136
-867
| -0% | -$4.65K |
|
118
WPP
WPP
$4.41B
| $59.9M | 0.11% |
508,462
-3,100
| -0.6% | -$334K |
|
119
Pool Corp
POOL
$6.95B
| $57.9M | 0.11% |
638,742
-357
| -0.1% | -$28.7K |
|
120
Vishay Intertechnology
VSH
$5.18B
| $56.4M | 0.11% |
4,648,207
-17,394
| -0.4% | -$200K |
|
121
RLJ Lodging Trust
RLJ
$1.87B
| $56.2M | 0.11% |
2,499,838
-37,892
| -1% | -$764K |
|
|
PVTB
122
DELISTED
PrivateBancorp Inc
PVTB
| $55.7M | 0.11% |
1,406,658
-14,178
| -1% | -$520K |
|
|
DFT
123
DELISTED
DuPont Fabros Technology Inc.
DFT
| $55.1M | 0.1% |
1,306,243
-19,062
| -1% | -$662K |
|
124
Mid-America Apartment Communities
MAA
$15.5B
| $55M | 0.1% |
562,026
+57
| +0% | +$5.29K |
|
125
Glacier Bancorp
GBCI
$6.38B
| $54.7M | 0.1% |
2,125,263
-26,871
| -1% | -$653K |
|
Similar funds
Ken Fisher's Q1 2016 Portfolio in Review
As of Q1 2016, Ken Fisher held 845 positions worth $52.6B, up 1.4% from $51.9B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Fisher's Q1 2016 filing shows 52 new, 265 increased, 294 reduced and 101 closed positions. Its largest new stake was JD.com: 2,269,246 shares worth $67.8M. The largest sale was HEARTLAND PAYMENT SYSTEMS, INC. COM STK, an estimated $116M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, down from 20% a quarter earlier, followed by Healthcare and Technology.
- Ken Fisher's largest Q1 2016 buy was JD.com: 2,269,246 shares worth $67.8M.
- Ken Fisher added most to SIEMENS AKTIENGESELLSCHAFT ADS in Q1 2016, an estimated $125M increase.
- Ken Fisher's biggest Q1 2016 reduction was ABB Ltd, cutting an estimated $109M.
- Ken Fisher fully exited HEARTLAND PAYMENT SYSTEMS, INC. COM STK in Q1 2016, selling an estimated $116M.
- Ken Fisher's ten largest holdings make up 23% of its $52.6B portfolio in Q1 2016.
- Ken Fisher opened 52 new positions and closed 101 in Q1 2016.
- Ken Fisher's portfolio value rose 1.4% quarter-over-quarter to $52.6B.
Based on Fisher Asset Management's 13F filing for Q1 2016, filed 18 Apr 2016.