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 | |
|---|---|---|---|---|---|---|
|
THS
101
DELISTED
Treehouse Foods
THS
| $71.7M | 0.13% |
687,318
+9,133
| +1% | +$842K |
|
102
Stratasys
SSYS
$697M
| $70.1M | 0.13% |
3,111,734
+105,971
| +4% | +$2.48M |
|
103
Meritage Homes
MTH
$4.72B
| $69.9M | 0.13% |
3,563,082
+131,724
| +4% | +$2.39M |
|
|
VRNT
104
DELISTED
Verint Systems
VRNT
| $68.1M | 0.13% |
4,025,889
+27,287
| +0.7% | +$473K |
|
105
Wintrust Financial
WTFC
$10.8B
| $67.6M | 0.13% |
1,313,318
-5,816
| -0.4% | -$291K |
|
|
SF
106
Stifel
SF
$12.5B
| $67.4M | 0.13% |
4,853,322
+216,709
| +5% | +$3.22M |
|
|
CADE
107
DELISTED
Cadence Bank
CADE
| $65.7M | 0.12% |
2,908,409
-2,534
| -0.1% | -$57.2K |
|
108
HEICO Corp
HEI
$49.5B
| $65.5M | 0.12% |
2,401,777
-18,091
| -0.7% | -$468K |
|
109
Lincoln Electric
LECO
$13.7B
| $64.3M | 0.12% |
1,078,206
-13,188
| -1% | -$794K |
|
110
Qorvo
QRVO
$8.01B
| $63.9M | 0.12% |
1,106,477
+3,489
| +0.3% | +$174K |
|
111
NXP Semiconductors
NXPI
$61.8B
| $63.6M | 0.12% |
796,773
+229,193
| +40% | +$19.7M |
|
112
ASML
ASML
$634B
| $63.3M | 0.12% |
634,769
-1,808
| -0.3% | -$176K |
|
|
DFT
113
DELISTED
DuPont Fabros Technology Inc.
DFT
| $62.5M | 0.12% |
1,305,602
-641
| -0% | -$27.6K |
|
|
KSU
114
DELISTED
Kansas City Southern
KSU
| $62.1M | 0.12% |
687,393
-7,957
| -1% | -$724K |
|
115
Pool Corp
POOL
$6.95B
| $62M | 0.12% |
641,419
+2,677
| +0.4% | +$241K |
|
116
First American
FAF
$7.71B
| $61.9M | 0.11% |
1,497,714
+111,373
| +8% | +$4.15M |
|
117
Mid-America Apartment Communities
MAA
$15.5B
| $61.4M | 0.11% |
569,253
+7,227
| +1% | +$726K |
|
|
PVTB
118
DELISTED
PrivateBancorp Inc
PVTB
| $61.3M | 0.11% |
1,405,758
-900
| -0.1% | -$36.7K |
|
119
HUB Group
HUBG
$2.78B
| $61.3M | 0.11% |
3,033,796
-19,296
| -0.6% | -$377K |
|
120
Canadian National Railway
CNI
$76.9B
| $60.5M | 0.11% |
1,015,706
+209,599
| +26% | +$12.6M |
|
|
JNS
121
DELISTED
Janus Capital Group Inc
JNS
| $60M | 0.11% |
4,182,839
+105,890
| +3% | +$1.55M |
|
122
KB Home
KBH
$3.45B
| $59.8M | 0.11% |
3,708,830
+151,347
| +4% | +$2.11M |
|
|
ARMH
123
DELISTED
ARM HOLDINGS PLC ADS
ARMH
| $59.4M | 0.11% |
1,282,521
-9,601
| -0.7% | -$405K |
|
124
Boston Beer
SAM
$1.93B
| $59M | 0.11% |
345,673
+950
| +0.3% | +$154K |
|
125
Lazard
LAZ
$4.09B
| $57.8M | 0.11% |
1,859,896
+19,953
| +1% | +$692K |
|
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.