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 MSCI Taiwan ETF
EWT
|
+$145M |
| 2 |
Qorvo
QRVO
|
+$134M |
| 3 |
Infosys
INFY
|
+$71.4M |
| 4 |
TTM
Tata Motors Limited
TTM
|
+$56.4M |
| 5 |
Dr. Reddy's Laboratories
RDY
|
+$56.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TQNT
TRIQUINT SEMICONDUCTOR INC
TQNT
|
+$154M |
| 2 |
Vanguard S&P 500 ETF
VOO
|
+$51.1M |
| 3 |
NETGEAR
NTGR
|
+$39.5M |
| 4 |
FIGY
Barclays ETN+ FI Enhanced Global High Yield ETN
FIGY
|
+$37.1M |
| 5 |
FEEU
Barclays ETN+ FI Enhanced Europe 50 ETN
FEEU
|
+$26.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 20.41% |
| 2 | Healthcare | 14.51% |
| 3 | Technology | 13.39% |
| 4 | Consumer Discretionary | 7.23% |
| 5 | Industrials | 6.9% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
126
WPP
WPP
$4.36B
| $57.2M | 0.11% |
503,169
-6,059
| -1% | -$680K |
|
127
HEICO Corp
HEI
$49.8B
| $57.1M | 0.11% |
2,282,297
-70,874
| -3% | -$1.75M |
|
128
Heartland Express
HTLD
$948M
| $57M | 0.11% |
2,399,278
-61,740
| -3% | -$1.57M |
|
129
Vishay Intertechnology
VSH
$5.25B
| $56.9M | 0.11% |
4,120,767
-88,980
| -2% | -$1.23M |
|
130
Glacier Bancorp
GBCI
$6.42B
| $56.2M | 0.11% |
2,234,145
-36,525
| -2% | -$904K |
|
|
MDP
131
DELISTED
Meredith Corporation
MDP
| $56M | 0.11% |
1,004,570
-66,179
| -6% | -$3.55M |
|
|
AXE
132
DELISTED
Anixter International Inc
AXE
| $55.9M | 0.11% |
733,849
-6,784
| -0.9% | -$530K |
|
133
Goldman Sachs
GS
$300B
| $54.8M | 0.11% |
291,552
-486
| -0.2% | -$90.4K |
|
|
AAWW
134
DELISTED
Atlas Air Worldwide Holdings, Inc.
AAWW
| $54.6M | 0.11% |
1,269,702
-425,320
| -25% | -$19.8M |
|
135
Rio Tinto
RIO
$158B
| $53.7M | 0.11% |
1,296,898
-38,189
| -3% | -$1.73M |
|
|
LUX
136
DELISTED
Luxottica Group
LUX
| $53.7M | 0.11% |
855,640
-27,400
| -3% | -$1.63M |
|
137
NCR Voyix
VYX
$1.14B
| $52.4M | 0.1% |
2,895,931
-986,357
| -25% | -$17.1M |
|
|
VRNT
138
DELISTED
Verint Systems
VRNT
| $51.9M | 0.1% |
+1,645,033
| New | +$48.4M |
|
|
PVTB
139
DELISTED
PrivateBancorp Inc
PVTB
| $51.6M | 0.1% |
1,467,007
+253,327
| +21% | +$8.56M |
|
140
Ambev
ABEV
$48.1B
| $50M | 0.1% |
8,684,959
+2,322,403
| +37% | +$14.4M |
|
141
MSC Industrial Direct
MSM
$6.89B
| $50M | 0.1% |
692,434
-375
| -0.1% | -$28K |
|
142
Mueller Industries
MLI
$14.7B
| $48.8M | 0.1% |
5,405,452
-92,600
| -2% | -$787K |
|
143
Petrobras
PBR
$125B
| $48.1M | 0.1% |
8,005,512
+1,682,114
| +27% | +$10.7M |
|
|
BECN
144
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $47.7M | 0.1% |
1,522,708
-17,700
| -1% | -$485K |
|
|
ESRX
145
DELISTED
Express Scripts Holding Company
ESRX
| $46.3M | 0.09% |
534,029
+5,217
| +1% | +$438K |
|
146
Pool Corp
POOL
$6.75B
| $46.3M | 0.09% |
663,817
-12,475
| -2% | -$834K |
|
|
BMR
147
DELISTED
BIOMED REALTY TRUST INC
BMR
| $45.3M | 0.09% |
1,998,466
+24,540
| +1% | +$564K |
|
148
Mid-America Apartment Communities
MAA
$15.4B
| $45.1M | 0.09% |
583,105
-5,196
| -0.9% | -$399K |
|
149
Regal Rexnord
RRX
$13.7B
| $45M | 0.09% |
563,447
-5,265
| -0.9% | -$394K |
|
|
DFT
150
DELISTED
DuPont Fabros Technology Inc.
DFT
| $45M | 0.09% |
1,375,987
-125,520
| -8% | -$4.24M |
|
Similar funds
Ken Fisher's Q1 2015 Portfolio in Review
As of Q1 2015, Ken Fisher held 664 positions worth $50B, up 3.5% from $48.4B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Ken Fisher's Q1 2015 filing shows 44 new, 219 increased, 244 reduced and 60 closed positions. Its largest new stake was iShares MSCI Taiwan ETF: 4,657,473 shares worth $147M. The largest sale was TRIQUINT SEMICONDUCTOR INC, an estimated $154M.
By sector, the portfolio is most concentrated in Financials at 20% of assets, down from 22% a quarter earlier, followed by Healthcare and Technology.
- Ken Fisher's largest Q1 2015 buy was iShares MSCI Taiwan ETF: 4,657,473 shares worth $147M.
- Ken Fisher added most to Infosys in Q1 2015, an estimated $71.4M increase.
- Ken Fisher's biggest Q1 2015 reduction was Vanguard S&P 500 ETF, cutting an estimated $51.1M.
- Ken Fisher fully exited TRIQUINT SEMICONDUCTOR INC in Q1 2015, selling an estimated $154M.
- Ken Fisher's ten largest holdings make up 22% of its $50B portfolio in Q1 2015.
- Ken Fisher opened 44 new positions and closed 60 in Q1 2015.
- Ken Fisher's portfolio value rose 3.5% quarter-over-quarter to $50B.
Based on Fisher Asset Management's 13F filing for Q1 2015, filed 30 Apr 2015.