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 |
Alphabet (Google) Class A
GOOGL
|
+$702M |
| 2 |
CAA
CalAtlantic Group, Inc.
CAA
|
+$90.3M |
| 3 |
America Movil
AMX
|
+$71.3M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$62.1M |
| 5 |
Stratasys
SSYS
|
+$53.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class C
GOOG
|
+$671M |
| 2 |
RYL
RYLAND GROUP INC
RYL
|
+$90.9M |
| 3 |
PMCS
P M C SIERRA INC
PMCS
|
+$76.3M |
| 4 |
BMR
BIOMED REALTY TRUST INC
BMR
|
+$40.1M |
| 5 |
HPY
HEARTLAND PAYMENT SYSTEMS, INC. COM STK
HPY
|
+$38.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.64% |
| 2 | Healthcare | 14.19% |
| 3 | Technology | 13.13% |
| 4 | Consumer Discretionary | 7.98% |
| 5 | Industrials | 6.61% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
126
RLJ Lodging Trust
RLJ
$1.86B
| $54.9M | 0.11% |
2,537,730
-4,880
| -0.2% | -$120K |
|
|
THS
127
DELISTED
Treehouse Foods
THS
| $54.5M | 0.1% |
694,048
-941
| -0.1% | -$78.5K |
|
128
NETSCOUT
NTCT
$2.96B
| $53.1M | 0.1% |
1,728,742
+1,198,158
| +226% | +$41.2M |
|
|
KSU
129
DELISTED
Kansas City Southern
KSU
| $52.8M | 0.1% |
706,920
-3,224
| -0.5% | -$275K |
|
130
HUB Group
HUBG
$2.85B
| $51.6M | 0.1% |
3,133,634
+4,850
| +0.2% | +$90.4K |
|
131
Pool Corp
POOL
$6.75B
| $51.6M | 0.1% |
639,099
-2,443
| -0.4% | -$196K |
|
|
CAB
132
DELISTED
Cabela's Inc
CAB
| $51.4M | 0.1% |
1,100,325
-2,264
| -0.2% | -$99.8K |
|
133
Mid-America Apartment Communities
MAA
$15.4B
| $51M | 0.1% |
561,969
-1,216
| -0.2% | -$106K |
|
|
AAWW
134
DELISTED
Atlas Air Worldwide Holdings, Inc.
AAWW
| $50.4M | 0.1% |
1,217,941
+2,144
| +0.2% | +$86.9K |
|
|
135
Stratasys
SSYS
$679M
| $49.4M | 0.1% |
2,105,158
+2,045,932
| +3,454% | +$53.8M |
|
136
Goldman Sachs
GS
$300B
| $48.3M | 0.09% |
267,962
+5,025
| +2% | +$934K |
|
|
MGLN
137
DELISTED
Magellan Health Services, Inc.
MGLN
| $47.4M | 0.09% |
769,436
+276,784
| +56% | +$14.9M |
|
138
Pegasystems
PEGA
$5.02B
| $46.5M | 0.09% |
3,380,192
-11,700
| -0.3% | -$162K |
|
139
Honeywell
HON
$77B
| $45.8M | 0.09% |
492,614
+10,232
| +2% | +$938K |
|
140
Canadian National Railway
CNI
$76.9B
| $44.5M | 0.09% |
795,648
+2,857
| +0.4% | +$167K |
|
141
KB Home
KBH
$3.37B
| $44.3M | 0.09% |
3,593,437
+57,581
| +2% | +$775K |
|
142
Petrobras
PBR
$125B
| $43.3M | 0.08% |
10,073,328
+431,257
| +4% | +$2.1M |
|
|
AXE
143
DELISTED
Anixter International Inc
AXE
| $42.4M | 0.08% |
701,761
+657
| +0.1% | +$42K |
|
|
DFT
144
DELISTED
DuPont Fabros Technology Inc.
DFT
| $42.1M | 0.08% |
1,325,305
-458
| -0% | -$14.3K |
|
145
Charles River Laboratories
CRL
$11.2B
| $41.5M | 0.08% |
516,495
+33,596
| +7% | +$2.42M |
|
|
MDP
146
DELISTED
Meredith Corporation
MDP
| $41.5M | 0.08% |
960,010
-2,840
| -0.3% | -$128K |
|
147
Artisan Partners
APAM
$2.79B
| $41.2M | 0.08% |
+1,141,384
| New | +$42.1M |
|
|
ESRX
148
DELISTED
Express Scripts Holding Company
ESRX
| $40.6M | 0.08% |
464,733
+4,895
| +1% | +$419K |
|
149
Extra Space Storage
EXR
$31.3B
| $40.2M | 0.08% |
455,509
-7,949
| -2% | -$653K |
|
150
Mitsubishi UFJ Financial
MUFG
$253B
| $40.1M | 0.08% |
6,453,160
+25,328
| +0.4% | +$164K |
|
Similar funds
Ken Fisher's Q4 2015 Portfolio in Review
As of Q4 2015, Ken Fisher held 832 positions worth $51.9B, up 8.1% from $48B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Fisher's Q4 2015 filing shows 117 new, 382 increased, 189 reduced and 39 closed positions. Its largest new stake was Alphabet (Google) Class A: 18,980,280 shares worth $738M. The largest sale was Alphabet (Google) Class C, an estimated $671M.
By sector, the portfolio is most concentrated in Financials at 20% of assets, down from 20% a quarter earlier, followed by Healthcare and Technology.
- Ken Fisher's largest Q4 2015 buy was Alphabet (Google) Class A: 18,980,280 shares worth $738M.
- Ken Fisher added most to CalAtlantic Group, Inc. in Q4 2015, an estimated $90.3M increase.
- Ken Fisher's biggest Q4 2015 reduction was Alphabet (Google) Class C, cutting an estimated $671M.
- Ken Fisher fully exited RYLAND GROUP INC in Q4 2015, selling an estimated $90.9M.
- Ken Fisher's ten largest holdings make up 23% of its $51.9B portfolio in Q4 2015.
- Ken Fisher opened 117 new positions and closed 39 in Q4 2015.
- Ken Fisher's portfolio value rose 8.1% quarter-over-quarter to $51.9B.
Based on Fisher Asset Management's 13F filing for Q4 2015, filed 14 Jan 2016.