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 iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$607M |
| 2 |
Vodafone
VOD
|
+$318M |
| 3 |
SI
SIEMENS AKTIENGESELLSCHAFT ADS
SI
|
+$267M |
| 4 |
Alibaba
BABA
|
+$228M |
| 5 |
Itaú Unibanco
ITUB
|
+$137M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
|
+$545M |
| 2 |
GE Aerospace
GE
|
+$284M |
| 3 |
NXP Semiconductors
NXPI
|
+$121M |
| 4 |
MENT
Mentor Graphics Corp
MENT
|
+$63.3M |
| 5 |
Heartland Express
HTLD
|
+$45.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.45% |
| 2 | Technology | 14.38% |
| 3 | Healthcare | 12.14% |
| 4 | Consumer Discretionary | 8.49% |
| 5 | Communication Services | 7.31% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Lincoln Electric
LECO
$13.7B
| $89.2M | 0.14% |
1,026,798
+14,087
| +1% | +$1.18M |
|
102
Ingredion
INGR
$6.33B
| $88M | 0.14% |
730,643
-12,734
| -2% | -$1.56M |
|
103
Wintrust Financial
WTFC
$10.8B
| $87.5M | 0.14% |
1,265,237
-36,124
| -3% | -$2.6M |
|
|
CADE
104
DELISTED
Cadence Bank
CADE
| $84.6M | 0.14% |
2,796,415
-69,652
| -2% | -$2.14M |
|
105
HEICO Corp
HEI
$49.5B
| $84.6M | 0.14% |
2,367,849
-43,245
| -2% | -$1.44M |
|
|
DST
106
DELISTED
DST Systems Inc.
DST
| $84.2M | 0.13% |
1,374,758
-18,164
| -1% | -$1.05M |
|
107
Pool Corp
POOL
$6.95B
| $84.1M | 0.13% |
704,481
+14,550
| +2% | +$1.63M |
|
|
BECN
108
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $84M | 0.13% |
1,707,865
+33,034
| +2% | +$1.53M |
|
109
Prestige Consumer Healthcare
PBH
$2.37B
| $83.3M | 0.13% |
1,499,958
-9,258
| -0.6% | -$511K |
|
|
CAA
110
DELISTED
CalAtlantic Group, Inc.
CAA
| $82.7M | 0.13% |
2,208,116
-71,426
| -3% | -$2.53M |
|
|
UMPQ
111
DELISTED
Umpqua Holdings Corp
UMPQ
| $82.5M | 0.13% |
4,650,040
-159,274
| -3% | -$2.93M |
|
112
Vishay Intertechnology
VSH
$5.18B
| $80.9M | 0.13% |
4,918,407
-185,305
| -4% | -$3.02M |
|
113
Canadian National Railway
CNI
$76.9B
| $79.4M | 0.13% |
1,073,876
-119,290
| -10% | -$8.46M |
|
114
Helen of Troy
HELE
$649M
| $77.2M | 0.12% |
819,649
+8,581
| +1% | +$810K |
|
115
ASML
ASML
$634B
| $77.2M | 0.12% |
581,027
-16,748
| -3% | -$2.06M |
|
|
WMGI
116
DELISTED
Wright Medical Group Inc
WMGI
| $75.2M | 0.12% |
2,414,922
-88,823
| -4% | -$2.41M |
|
117
Qorvo
QRVO
$8.01B
| $75M | 0.12% |
1,093,505
-61,892
| -5% | -$3.98M |
|
118
Henry Schein
HSIC
$9.7B
| $74.2M | 0.12% |
1,112,537
-65,821
| -6% | -$4.28M |
|
119
Lazard
LAZ
$4.09B
| $74.1M | 0.12% |
1,610,274
-106,060
| -6% | -$4.57M |
|
120
Cemex
CX
$17.2B
| $73.1M | 0.12% |
8,386,864
-47,634
| -0.6% | -$401K |
|
121
Pegasystems
PEGA
$4.94B
| $71.8M | 0.11% |
3,273,372
-45,550
| -1% | -$923K |
|
122
KB Home
KBH
$3.45B
| $70.8M | 0.11% |
3,563,871
-116,061
| -3% | -$2.03M |
|
|
LSI
123
DELISTED
Life Storage, Inc.
LSI
| $69.9M | 0.11% |
1,275,914
-58,122
| -4% | -$3.26M |
|
124
Smith & Nephew
SNN
$13.6B
| $69.8M | 0.11% |
2,255,298
-148,994
| -6% | -$4.56M |
|
125
Glacier Bancorp
GBCI
$6.38B
| $69.5M | 0.11% |
2,049,713
-39,089
| -2% | -$1.38M |
|
Similar funds
Ken Fisher's Q1 2017 Portfolio in Review
As of Q1 2017, Ken Fisher held 865 positions worth $62.4B, up 8.7% from $57.4B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Ken Fisher's Q1 2017 filing shows 82 new, 252 increased, 334 reduced and 92 closed positions. Its largest new stake was Vodafone: 12,420,913 shares worth $328M. The largest sale was State Street SPDR Portfolio Short Term Corporate Bond ETF, an estimated $545M.
By sector, the portfolio is most concentrated in Financials at 19% of assets, down from 20% a quarter earlier, followed by Technology and Healthcare.
- Ken Fisher's largest Q1 2017 buy was Vodafone: 12,420,913 shares worth $328M.
- Ken Fisher added most to iShares iBoxx $ Investment Grade Corporate Bond ETF in Q1 2017, an estimated $607M increase.
- Ken Fisher's biggest Q1 2017 reduction was State Street SPDR Portfolio Short Term Corporate Bond ETF, cutting an estimated $545M.
- Ken Fisher fully exited NXP Semiconductors in Q1 2017, selling an estimated $121M.
- Ken Fisher's ten largest holdings make up 24% of its $62.4B portfolio in Q1 2017.
- Ken Fisher opened 82 new positions and closed 92 in Q1 2017.
- Ken Fisher's portfolio value rose 8.7% quarter-over-quarter to $62.4B.
Based on Fisher Asset Management's 13F filing for Q1 2017, filed 25 Apr 2017.