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 |
BAY
BAYER AG SPONS ADR
BAY
|
+$294M |
| 2 |
Alibaba
BABA
|
+$112M |
| 3 |
Infosys
INFY
|
+$57.7M |
| 4 |
HDFC Bank
HDB
|
+$57.1M |
| 5 |
TTM
Tata Motors Limited
TTM
|
+$49.1M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Royal Bank of Canada
RY
|
+$428M |
| 2 |
BHP
BHP
|
+$107M |
| 3 |
Rio Tinto
RIO
|
+$55.7M |
| 4 |
Qorvo
QRVO
|
+$52.2M |
| 5 |
OUTR
OUTERWALL INC
OUTR
|
+$43.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 20.5% |
| 2 | Healthcare | 14.68% |
| 3 | Technology | 13.07% |
| 4 | Consumer Discretionary | 7.61% |
| 5 | Industrials | 6.7% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
BECN
126
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $58.3M | 0.11% |
1,755,758
+233,050
| +15% | +$7.33M |
|
|
THS
127
DELISTED
Treehouse Foods
THS
| $57.9M | 0.11% |
714,279
-8,475
| -1% | -$655K |
|
|
CAB
128
DELISTED
Cabela's Inc
CAB
| $57.6M | 0.11% |
1,152,573
-2,910
| -0.3% | -$154K |
|
129
WPP
WPP
$4.41B
| $57.1M | 0.11% |
506,692
+3,523
| +0.7% | +$414K |
|
|
LUX
130
DELISTED
Luxottica Group
LUX
| $57M | 0.11% |
858,546
+2,906
| +0.3% | +$193K |
|
131
Ambev
ABEV
$48.2B
| $55.4M | 0.11% |
9,083,007
+398,048
| +5% | +$2.46M |
|
132
Veeco
VECO
$2.95B
| $54.3M | 0.11% |
1,889,443
-197,706
| -9% | -$6.07M |
|
|
MDP
133
DELISTED
Meredith Corporation
MDP
| $51.7M | 0.1% |
991,115
-13,455
| -1% | -$713K |
|
134
Vishay Intertechnology
VSH
$5.18B
| $50.5M | 0.1% |
4,322,817
+202,050
| +5% | +$2.6M |
|
135
Cemex
CX
$17.2B
| $49.8M | 0.1% |
5,876,025
+808,923
| +16% | +$7.21M |
|
|
KATE
136
DELISTED
Kate Spade & Company
KATE
| $49.2M | 0.1% |
2,285,696
-546,445
| -19% | -$15.8M |
|
137
MSC Industrial Direct
MSM
$6.78B
| $48.6M | 0.09% |
697,159
+4,725
| +0.7% | +$336K |
|
138
Heartland Express
HTLD
$986M
| $48M | 0.09% |
2,372,558
-26,720
| -1% | -$573K |
|
|
BID
139
DELISTED
Sotheby's
BID
| $47.9M | 0.09% |
1,058,228
-425,845
| -29% | -$18.9M |
|
140
Texas Capital Bancshares
TCBI
$4.29B
| $47.6M | 0.09% |
764,605
-14,960
| -2% | -$819K |
|
|
ESRX
141
DELISTED
Express Scripts Holding Company
ESRX
| $47.4M | 0.09% |
533,442
-587
| -0.1% | -$51.3K |
|
|
AXE
142
DELISTED
Anixter International Inc
AXE
| $47.3M | 0.09% |
725,319
-8,530
| -1% | -$604K |
|
143
Mueller Industries
MLI
$14.8B
| $46.5M | 0.09% |
5,351,432
-54,020
| -1% | -$483K |
|
144
Pool Corp
POOL
$6.95B
| $46.2M | 0.09% |
658,192
-5,625
| -0.8% | -$384K |
|
145
Mitsubishi UFJ Financial
MUFG
$254B
| $46.1M | 0.09% |
6,385,058
+67,748
| +1% | +$482K |
|
146
Prosperity Bancshares
PB
$8.97B
| $46M | 0.09% |
795,868
-12,150
| -2% | -$661K |
|
|
MENT
147
DELISTED
Mentor Graphics Corp
MENT
| $45.4M | 0.09% |
1,716,992
-7,195
| -0.4% | -$183K |
|
148
Canadian National Railway
CNI
$76.9B
| $45.3M | 0.09% |
784,916
-212,895
| -21% | -$13.3M |
|
149
NCR Voyix
VYX
$1.12B
| $44.7M | 0.09% |
2,422,188
-473,743
| -16% | -$8.76M |
|
150
United Natural Foods
UNFI
$3.01B
| $44.7M | 0.09% |
702,233
+321,263
| +84% | +$21.8M |
|
Similar funds
Ken Fisher's Q2 2015 Portfolio in Review
As of Q2 2015, Ken Fisher held 665 positions worth $51.4B, up 2.8% from $50B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Ken Fisher's Q2 2015 filing shows 61 new, 277 increased, 210 reduced and 34 closed positions. Its largest new stake was Alibaba: 1,306,608 shares worth $107M. The largest sale was Royal Bank of Canada, an estimated $428M.
By sector, the portfolio is most concentrated in Financials at 21% of assets, up from 20% a quarter earlier, followed by Healthcare and Technology.
- Ken Fisher's largest Q2 2015 buy was Alibaba: 1,306,608 shares worth $107M.
- Ken Fisher added most to BAYER AG SPONS ADR in Q2 2015, an estimated $294M increase.
- Ken Fisher's biggest Q2 2015 reduction was Royal Bank of Canada, cutting an estimated $428M.
- Ken Fisher fully exited OUTERWALL INC in Q2 2015, selling an estimated $43.9M.
- Ken Fisher's ten largest holdings make up 22% of its $51.4B portfolio in Q2 2015.
- Ken Fisher opened 61 new positions and closed 34 in Q2 2015.
- Ken Fisher's portfolio value rose 2.8% quarter-over-quarter to $51.4B.
Based on Fisher Asset Management's 13F filing for Q2 2015, filed 17 Jul 2015.