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 |
FIHD
UBS AG FI Enhanced Global High Yield ETN
FIHD
|
+$353M |
| 2 |
Televisa
TV
|
+$92.4M |
| 3 |
FLGE
Credit Suisse FI Large Cap Growth Enhanced Exchange Traded Notes
FLGE
|
+$38.2M |
| 4 |
DST
DST Systems Inc.
DST
|
+$36.8M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$27M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FIEG
FI Enhanced Global High Yield Exchange Traded Notes
FIEG
|
+$315M |
| 2 |
CAB
Cabela's Inc
CAB
|
+$56.7M |
| 3 |
NXP Semiconductors
NXPI
|
+$48.7M |
| 4 |
TSMC
TSM
|
+$24.7M |
| 5 |
FIGY
Barclays ETN+ FI Enhanced Global High Yield ETN
FIGY
|
+$23.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.9% |
| 2 | Technology | 14.05% |
| 3 | Healthcare | 12.4% |
| 4 | Consumer Discretionary | 7.69% |
| 5 | Industrials | 6.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Vishay Intertechnology
VSH
$5.18B
| $82.7M | 0.14% |
5,103,712
+82,487
| +2% | +$1.23M |
|
|
CLGX
102
DELISTED
Corelogic, Inc.
CLGX
| $81.9M | 0.14% |
2,223,068
+375,146
| +20% | +$14.5M |
|
103
Canadian National Railway
CNI
$76.9B
| $80.4M | 0.14% |
1,193,166
-56,184
| -4% | -$3.71M |
|
104
Prestige Consumer Healthcare
PBH
$2.37B
| $78.6M | 0.14% |
1,509,216
-10,042
| -0.7% | -$485K |
|
105
Lincoln Electric
LECO
$13.7B
| $77.6M | 0.14% |
1,012,711
-34,930
| -3% | -$2.5M |
|
|
CAA
106
DELISTED
CalAtlantic Group, Inc.
CAA
| $77.5M | 0.14% |
2,279,542
-47,621
| -2% | -$1.57M |
|
|
BECN
107
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $77.2M | 0.13% |
1,674,831
-46,794
| -3% | -$2.09M |
|
108
HEICO Corp
HEI
$49.5B
| $76.2M | 0.13% |
2,411,094
-80,581
| -3% | -$2.42M |
|
|
LSI
109
DELISTED
Life Storage, Inc.
LSI
| $75.8M | 0.13% |
1,334,036
-15,006
| -1% | -$832K |
|
110
Glacier Bancorp
GBCI
$6.38B
| $75.7M | 0.13% |
2,088,802
-52,840
| -2% | -$1.7M |
|
|
DST
111
DELISTED
DST Systems Inc.
DST
| $74.6M | 0.13% |
1,392,922
+697,918
| +100% | +$36.8M |
|
|
VRNT
112
DELISTED
Verint Systems
VRNT
| $74.1M | 0.13% |
4,125,011
-70,067
| -2% | -$1.3M |
|
113
Littelfuse
LFUS
$11.2B
| $72.6M | 0.13% |
478,680
+50,807
| +12% | +$7.25M |
|
114
Smith & Nephew
SNN
$13.6B
| $72.3M | 0.13% |
2,404,292
-74,845
| -3% | -$2.2M |
|
115
Pool Corp
POOL
$6.95B
| $72M | 0.13% |
689,931
+36,852
| +6% | +$3.64M |
|
116
Lazard
LAZ
$4.09B
| $70.5M | 0.12% |
1,716,334
-101,213
| -6% | -$3.93M |
|
117
Henry Schein
HSIC
$9.7B
| $70.1M | 0.12% |
1,178,358
-44,250
| -4% | -$2.67M |
|
118
Helen of Troy
HELE
$649M
| $68.5M | 0.12% |
811,068
+284,636
| +54% | +$23.8M |
|
119
ASML
ASML
$634B
| $67.1M | 0.12% |
597,775
-34,069
| -5% | -$3.57M |
|
120
RLJ Lodging Trust
RLJ
$1.87B
| $66.1M | 0.12% |
2,698,018
+84,136
| +3% | +$1.85M |
|
121
Cemex
CX
$17.2B
| $65.1M | 0.11% |
8,434,498
+974,887
| +13% | +$7.75M |
|
122
HUB Group
HUBG
$2.78B
| $64.8M | 0.11% |
2,960,032
-106,994
| -3% | -$2.21M |
|
|
MENT
123
DELISTED
Mentor Graphics Corp
MENT
| $63.3M | 0.11% |
1,716,970
-90,541
| -5% | -$2.96M |
|
|
SEM
124
DELISTED
Select Medical
SEM
| $63.1M | 0.11% |
8,838,996
-201,467
| -2% | -$1.4M |
|
125
PNC Financial Services
PNC
$99.2B
| $61.7M | 0.11% |
527,436
-22,329
| -4% | -$2.32M |
|
Similar funds
Ken Fisher's Q4 2016 Portfolio in Review
As of Q4 2016, Ken Fisher held 837 positions worth $57.4B, up 2% from $56.3B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Ken Fisher's Q4 2016 filing shows 61 new, 208 increased, 401 reduced and 54 closed positions. Its largest new stake was Barclays ETN+ FI Enhanced Europe 50 ETN Series B: 174,286 shares worth $18.7M. The largest sale was FI Enhanced Global High Yield Exchange Traded Notes, an estimated $315M.
By sector, the portfolio is most concentrated in Financials at 20% of assets, up from 17% a quarter earlier, followed by Technology and Healthcare.
- Ken Fisher's largest Q4 2016 buy was Barclays ETN+ FI Enhanced Europe 50 ETN Series B: 174,286 shares worth $18.7M.
- Ken Fisher added most to UBS AG FI Enhanced Global High Yield ETN in Q4 2016, an estimated $353M increase.
- Ken Fisher's biggest Q4 2016 reduction was FI Enhanced Global High Yield Exchange Traded Notes, cutting an estimated $315M.
- Ken Fisher fully exited Cabela's Inc in Q4 2016, selling an estimated $56.7M.
- Ken Fisher's ten largest holdings make up 22% of its $57.4B portfolio in Q4 2016.
- Ken Fisher opened 61 new positions and closed 54 in Q4 2016.
- Ken Fisher's portfolio value rose 2% quarter-over-quarter to $57.4B.
Based on Fisher Asset Management's 13F filing for Q4 2016, filed 10 Jan 2017.