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 |
FIEE
FI Enhanced Europe 50 ETN
FIEE
|
+$334M |
| 2 |
Goldman Sachs
GS
|
+$280M |
| 3 |
Capital One
COF
|
+$81.6M |
| 4 |
NXP Semiconductors
NXPI
|
+$78.2M |
| 5 |
Lloyds Banking Group
LYG
|
+$70.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FEEU
Barclays ETN+ FI Enhanced Europe 50 ETN
FEEU
|
+$267M |
| 2 |
Citigroup
C
|
+$175M |
| 3 |
Bank of America
BAC
|
+$112M |
| 4 |
CS
Credit Suisse Group
CS
|
+$109M |
| 5 |
American Express
AXP
|
+$77.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.39% |
| 2 | Technology | 14.47% |
| 3 | Healthcare | 13.22% |
| 4 | Consumer Discretionary | 8.36% |
| 5 | Industrials | 6.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Henry Schein
HSIC
$9.7B
| $78.1M | 0.14% |
1,222,608
-44,214
| -3% | -$2.93M |
|
|
CAA
102
DELISTED
CalAtlantic Group, Inc.
CAA
| $77.8M | 0.14% |
2,327,163
+54,710
| +2% | +$2M |
|
103
Chemed
CHE
$7.1B
| $77.5M | 0.14% |
549,286
-622
| -0.1% | -$86.6K |
|
104
Stratasys
SSYS
$697M
| $77M | 0.14% |
3,195,757
+84,023
| +3% | +$1.83M |
|
105
Morgan Stanley
MS
$330B
| $75.3M | 0.13% |
2,350,035
+2,039,560
| +657% | +$60.8M |
|
106
Wintrust Financial
WTFC
$10.8B
| $73.8M | 0.13% |
1,327,587
+14,269
| +1% | +$768K |
|
|
UMPQ
107
DELISTED
Umpqua Holdings Corp
UMPQ
| $73.4M | 0.13% |
4,875,041
+75,320
| +2% | +$1.17M |
|
108
Prestige Consumer Healthcare
PBH
$2.37B
| $73.3M | 0.13% |
1,519,258
+49,756
| +3% | +$2.52M |
|
|
CLGX
109
DELISTED
Corelogic, Inc.
CLGX
| $72.5M | 0.13% |
1,847,922
+452,784
| +32% | +$18M |
|
|
BECN
110
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $72.4M | 0.13% |
1,721,625
+8,886
| +0.5% | +$404K |
|
111
Vishay Intertechnology
VSH
$5.18B
| $70.7M | 0.13% |
5,021,225
+314,371
| +7% | +$4.23M |
|
112
HEICO Corp
HEI
$49.5B
| $70.6M | 0.13% |
2,491,675
+89,898
| +4% | +$2.54M |
|
113
ASML
ASML
$634B
| $69.2M | 0.12% |
631,844
-2,925
| -0.5% | -$310K |
|
|
CADE
114
DELISTED
Cadence Bank
CADE
| $68.5M | 0.12% |
2,954,533
+46,124
| +2% | +$1.1M |
|
115
Lazard
LAZ
$4.09B
| $66.1M | 0.12% |
1,817,547
-42,349
| -2% | -$1.48M |
|
|
SEM
116
DELISTED
Select Medical
SEM
| $65.8M | 0.12% |
9,040,463
+67,388
| +0.8% | +$428K |
|
117
Lincoln Electric
LECO
$13.7B
| $65.6M | 0.12% |
1,047,641
-30,565
| -3% | -$1.9M |
|
118
AstraZeneca
AZN
$266B
| $65M | 0.12% |
988,793
+819,303
| +483% | +$53.6M |
|
|
KSU
119
DELISTED
Kansas City Southern
KSU
| $63.9M | 0.11% |
684,367
-3,026
| -0.4% | -$287K |
|
|
WMGI
120
DELISTED
Wright Medical Group Inc
WMGI
| $63.6M | 0.11% |
2,593,555
+148,445
| +6% | +$3.42M |
|
121
Qorvo
QRVO
$8.01B
| $63.6M | 0.11% |
1,140,584
+34,107
| +3% | +$1.93M |
|
122
Meritage Homes
MTH
$4.72B
| $62.7M | 0.11% |
3,615,706
+52,624
| +1% | +$956K |
|
123
HUB Group
HUBG
$2.78B
| $62.5M | 0.11% |
3,067,026
+33,230
| +1% | +$676K |
|
|
THS
124
DELISTED
Treehouse Foods
THS
| $62M | 0.11% |
710,609
+23,291
| +3% | +$2.24M |
|
125
Pool Corp
POOL
$6.95B
| $61.7M | 0.11% |
653,079
+11,660
| +2% | +$1.14M |
|
Similar funds
Ken Fisher's Q3 2016 Portfolio in Review
As of Q3 2016, Ken Fisher held 812 positions worth $56.3B, up 4.5% from $53.9B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Fisher's Q3 2016 filing shows 67 new, 303 increased, 278 reduced and 36 closed positions. Its largest new stake was iShares Europe ETF: 130,527 shares worth $5.14M. The largest sale was Barclays ETN+ FI Enhanced Europe 50 ETN, an estimated $267M.
By sector, the portfolio is most concentrated in Financials at 17% of assets, up from 17% a quarter earlier, followed by Technology and Healthcare.
- Ken Fisher's largest Q3 2016 buy was iShares Europe ETF: 130,527 shares worth $5.14M.
- Ken Fisher added most to FI Enhanced Europe 50 ETN in Q3 2016, an estimated $334M increase.
- Ken Fisher's biggest Q3 2016 reduction was Barclays ETN+ FI Enhanced Europe 50 ETN, cutting an estimated $267M.
- Ken Fisher fully exited PrivateBancorp Inc in Q3 2016, selling an estimated $61.3M.
- Ken Fisher's ten largest holdings make up 23% of its $56.3B portfolio in Q3 2016.
- Ken Fisher opened 67 new positions and closed 36 in Q3 2016.
- Ken Fisher's portfolio value rose 4.5% quarter-over-quarter to $56.3B.
Based on Fisher Asset Management's 13F filing for Q3 2016, filed 11 Oct 2016.