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 |
SI
SIEMENS AKTIENGESELLSCHAFT ADS
SI
|
+$125M |
| 2 |
Chevron
CVX
|
+$74.5M |
| 3 |
BF
BASF AKTIENGESELLT ADS(RP1 ORD
BF
|
+$69.7M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$69.2M |
| 5 |
Alibaba
BABA
|
+$60.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
HPY
HEARTLAND PAYMENT SYSTEMS, INC. COM STK
HPY
|
+$116M |
| 2 |
ABB
ABB Ltd
ABB
|
+$109M |
| 3 |
Prudential
PUK
|
+$107M |
| 4 |
JAH
JARDEN CORPORATION
JAH
|
+$78.2M |
| 5 |
ExxonMobil
XOM
|
+$68M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.96% |
| 2 | Healthcare | 14.07% |
| 3 | Technology | 13.49% |
| 4 | Consumer Discretionary | 8.15% |
| 5 | Industrials | 6.72% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
ARMH
126
DELISTED
ARM HOLDINGS PLC ADS
ARMH
| $54.2M | 0.1% |
1,292,122
-27,607
| -2% | -$1.16M |
|
|
MGLN
127
DELISTED
Magellan Health Services, Inc.
MGLN
| $53.9M | 0.1% |
765,782
-3,654
| -0.5% | -$220K |
|
|
KATE
128
DELISTED
Kate Spade & Company
KATE
| $53.8M | 0.1% |
2,194,229
-39,550
| -2% | -$777K |
|
129
Qorvo
QRVO
$7.97B
| $52.7M | 0.1% |
1,102,988
+475
| +0% | +$20.7K |
|
|
CAB
130
DELISTED
Cabela's Inc
CAB
| $52.4M | 0.1% |
1,070,906
-29,419
| -3% | -$1.32M |
|
131
KB Home
KBH
$3.41B
| $52.3M | 0.1% |
3,557,483
-35,954
| -1% | -$420K |
|
132
MSC Industrial Direct
MSM
$6.86B
| $51M | 0.1% |
681,184
+1,441
| +0.2% | +$96.5K |
|
133
Canadian National Railway
CNI
$76.9B
| $51M | 0.1% |
806,107
+10,459
| +1% | +$586K |
|
134
First American
FAF
$7.7B
| $50.5M | 0.1% |
1,386,341
+521,558
| +60% | +$18.6M |
|
|
AAWW
135
DELISTED
Atlas Air Worldwide Holdings, Inc.
AAWW
| $48.5M | 0.09% |
1,201,738
-16,203
| -1% | -$606K |
|
136
Honeywell
HON
$77.4B
| $48M | 0.09% |
465,901
-26,713
| -5% | -$2.5M |
|
137
NXP Semiconductors
NXPI
$59.4B
| $47.9M | 0.09% |
+567,580
| New | +$42.3M |
|
138
Gilead Sciences
GILD
$162B
| $47.9M | 0.09% |
487,030
-76,887
| -14% | -$6.93M |
|
|
LUX
139
DELISTED
Luxottica Group
LUX
| $47.5M | 0.09% |
868,858
-1,099
| -0.1% | -$63.7K |
|
|
MDP
140
DELISTED
Meredith Corporation
MDP
| $46M | 0.09% |
957,738
-2,272
| -0.2% | -$96.4K |
|
141
AbbVie
ABBV
$445B
| $44.2M | 0.08% |
743,284
-191,820
| -21% | -$10.7M |
|
|
WMGI
142
DELISTED
Wright Medical Group Inc
WMGI
| $44M | 0.08% |
2,329,797
-28,640
| -1% | -$531K |
|
143
Bristol-Myers Squibb
BMY
$133B
| $43.3M | 0.08% |
636,060
+501,260
| +372% | +$31.6M |
|
|
WDR
144
DELISTED
Waddell & Reed Financial, Inc.
WDR
| $42.7M | 0.08% |
1,905,366
-25,346
| -1% | -$616K |
|
145
Charles River Laboratories
CRL
$11.2B
| $42.6M | 0.08% |
529,834
+13,339
| +3% | +$987K |
|
146
NNN REIT
NNN
$9B
| $42.5M | 0.08% |
923,265
-4,765
| -0.5% | -$207K |
|
147
Extra Space Storage
EXR
$31.4B
| $42.2M | 0.08% |
467,369
+11,860
| +3% | +$1.03M |
|
148
Pegasystems
PEGA
$4.97B
| $41.5M | 0.08% |
3,341,892
-38,300
| -1% | -$460K |
|
149
Cemex
CX
$17.1B
| $40M | 0.08% |
5,889,009
+7,370
| +0.1% | +$36.3K |
|
150
Idacorp
IDA
$7.98B
| $39.9M | 0.08% |
539,751
+267
| +0% | +$18.9K |
|
Similar funds
Ken Fisher's Q1 2016 Portfolio in Review
As of Q1 2016, Ken Fisher held 845 positions worth $52.6B, up 1.4% from $51.9B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Fisher's Q1 2016 filing shows 52 new, 265 increased, 294 reduced and 101 closed positions. Its largest new stake was JD.com: 2,269,246 shares worth $67.8M. The largest sale was HEARTLAND PAYMENT SYSTEMS, INC. COM STK, an estimated $116M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, down from 20% a quarter earlier, followed by Healthcare and Technology.
- Ken Fisher's largest Q1 2016 buy was JD.com: 2,269,246 shares worth $67.8M.
- Ken Fisher added most to SIEMENS AKTIENGESELLSCHAFT ADS in Q1 2016, an estimated $125M increase.
- Ken Fisher's biggest Q1 2016 reduction was ABB Ltd, cutting an estimated $109M.
- Ken Fisher fully exited HEARTLAND PAYMENT SYSTEMS, INC. COM STK in Q1 2016, selling an estimated $116M.
- Ken Fisher's ten largest holdings make up 23% of its $52.6B portfolio in Q1 2016.
- Ken Fisher opened 52 new positions and closed 101 in Q1 2016.
- Ken Fisher's portfolio value rose 1.4% quarter-over-quarter to $52.6B.
Based on Fisher Asset Management's 13F filing for Q1 2016, filed 18 Apr 2016.