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 |
Walmart Inc
WMT
|
+$323M |
| 2 |
JD.com
JD
|
+$141M |
| 3 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$90.2M |
| 4 |
America Movil
AMX
|
+$62.6M |
| 5 |
FIHD
UBS AG FI Enhanced Global High Yield ETN
FIHD
|
+$60.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$351M |
| 2 |
EMBJ
Embraer S.A. ADS
EMBJ
|
+$104M |
| 3 |
FEIC
FEI COMPANY
FEIC
|
+$39.1M |
| 4 |
FIGY
Barclays ETN+ FI Enhanced Global High Yield ETN
FIGY
|
+$36.1M |
| 5 |
FBGX
UBS AG FI Enhanced Large Cap Growth ETN
FBGX
|
+$28.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.08% |
| 2 | Healthcare | 14.41% |
| 3 | Technology | 13.36% |
| 4 | Consumer Discretionary | 8.06% |
| 5 | Industrials | 6.42% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
126
Vishay Intertechnology
VSH
$5.18B
| $57.1M | 0.11% |
4,706,854
+58,647
| +1% | +$730K |
|
127
RLJ Lodging Trust
RLJ
$1.87B
| $57M | 0.11% |
2,536,485
+36,647
| +1% | +$780K |
|
128
Glacier Bancorp
GBCI
$6.38B
| $56.9M | 0.11% |
2,121,764
-3,499
| -0.2% | -$91K |
|
|
CLGX
129
DELISTED
Corelogic, Inc.
CLGX
| $56.2M | 0.1% |
1,395,138
+732,437
| +111% | +$26.8M |
|
130
WPP
WPP
$4.41B
| $55M | 0.1% |
507,669
-793
| -0.2% | -$90.7K |
|
|
FIEE
131
DELISTED
FI Enhanced Europe 50 ETN
FIEE
| $54.4M | 0.1% |
469,855
+295,079
| +169% | +$34.9M |
|
|
SEM
132
DELISTED
Select Medical
SEM
| $54.1M | 0.1% |
8,973,075
+48,939
| +0.5% | +$324K |
|
|
CAB
133
DELISTED
Cabela's Inc
CAB
| $53.5M | 0.1% |
1,009,248
-61,658
| -6% | -$3.07M |
|
|
MDP
134
DELISTED
Meredith Corporation
MDP
| $52.6M | 0.1% |
957,780
+42
| +0% | +$2.08K |
|
|
MGLN
135
DELISTED
Magellan Health Services, Inc.
MGLN
| $52.1M | 0.1% |
771,108
+5,326
| +0.7% | +$359K |
|
|
MZTI
136
The Marzetti Company
MZTI
$2.95B
| $51.6M | 0.1% |
403,956
+62,721
| +18% | +$7.44M |
|
137
Artisan Partners
APAM
$2.82B
| $51.4M | 0.1% |
1,856,838
+10
| +0% | +$315 |
|
|
FEIC
138
DELISTED
FEI COMPANY
FEIC
| $50.3M | 0.09% |
470,779
-409,048
| -46% | -$39.1M |
|
|
AAWW
139
DELISTED
Atlas Air Worldwide Holdings, Inc.
AAWW
| $50M | 0.09% |
1,205,124
+3,386
| +0.3% | +$144K |
|
|
WMGI
140
DELISTED
Wright Medical Group Inc
WMGI
| $49.5M | 0.09% |
2,445,110
+115,313
| +5% | +$2.12M |
|
141
Bristol-Myers Squibb
BMY
$132B
| $48.9M | 0.09% |
648,107
+12,047
| +2% | +$851K |
|
142
MSC Industrial Direct
MSM
$6.78B
| $48.6M | 0.09% |
668,288
-12,896
| -2% | -$957K |
|
143
Honeywell
HON
$76.7B
| $48.3M | 0.09% |
453,665
-12,236
| -3% | -$1.26M |
|
144
NNN REIT
NNN
$9.16B
| $47.2M | 0.09% |
904,018
-19,247
| -2% | -$892K |
|
145
Cemex
CX
$17.2B
| $47M | 0.09% |
7,468,588
+1,579,579
| +27% | +$10.1M |
|
|
KATE
146
DELISTED
Kate Spade & Company
KATE
| $46.7M | 0.09% |
2,189,172
-5,057
| -0.2% | -$115K |
|
147
Pegasystems
PEGA
$4.94B
| $44.9M | 0.08% |
3,224,770
-117,122
| -4% | -$1.54M |
|
148
AbbVie
ABBV
$455B
| $44.6M | 0.08% |
693,394
-49,890
| -7% | -$3.04M |
|
149
Charles River Laboratories
CRL
$11.3B
| $44.2M | 0.08% |
516,128
-13,706
| -3% | -$1.13M |
|
150
Idacorp
IDA
$7.86B
| $43.7M | 0.08% |
537,327
-2,424
| -0.4% | -$179K |
|
Similar funds
Ken Fisher's Q2 2016 Portfolio in Review
As of Q2 2016, Ken Fisher held 787 positions worth $53.9B, up 2.4% from $52.6B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Fisher's Q2 2016 filing shows 43 new, 284 increased, 281 reduced and 42 closed positions. Its largest new stake was DST Systems Inc.: 280,332 shares worth $16.9M. The largest sale was Amazon, an estimated $351M.
By sector, the portfolio is most concentrated in Financials at 17% of assets, down from 18% a quarter earlier, followed by Healthcare and Technology.
- Ken Fisher's largest Q2 2016 buy was DST Systems Inc.: 280,332 shares worth $16.9M.
- Ken Fisher added most to Walmart Inc in Q2 2016, an estimated $323M increase.
- Ken Fisher's biggest Q2 2016 reduction was Amazon, cutting an estimated $351M.
- Ken Fisher fully exited Embraer S.A. ADS in Q2 2016, selling an estimated $104M.
- Ken Fisher's ten largest holdings make up 23% of its $53.9B portfolio in Q2 2016.
- Ken Fisher opened 43 new positions and closed 42 in Q2 2016.
- Ken Fisher's portfolio value rose 2.4% quarter-over-quarter to $53.9B.
Based on Fisher Asset Management's 13F filing for Q2 2016, filed 12 Jul 2016.