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 |
Apple
AAPL
|
+$92.2M |
| 2 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$83.3M |
| 3 |
HPY
HEARTLAND PAYMENT SYSTEMS, INC. COM STK
HPY
|
+$76M |
| 4 |
FIEG
FI Enhanced Global High Yield Exchange Traded Notes
FIEG
|
+$45.3M |
| 5 |
AAWW
Atlas Air Worldwide Holdings, Inc.
AAWW
|
+$44.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI EAFE ETF
EFA
|
+$208M |
| 2 |
Vanguard S&P 500 ETF
VOO
|
+$150M |
| 3 |
FCS
FAIRCHILD SEMICONDUCTOR INTL INC COMMON
FCS
|
+$66.6M |
| 4 |
OVTI
OMNIVISION TECHNOLOGIES INC
OVTI
|
+$48.3M |
| 5 |
CEO
CNOOC Limited
CEO
|
+$44M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.85% |
| 2 | Technology | 12.89% |
| 3 | Healthcare | 12.55% |
| 4 | Industrials | 7.74% |
| 5 | Consumer Discretionary | 7.22% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
MENT
151
DELISTED
Mentor Graphics Corp
MENT
| $37.1M | 0.08% |
1,686,723
-36,325
| -2% | -$789K |
|
|
BAY
152
DELISTED
BAYER AG SPONS ADR
BAY
| $36.6M | 0.08% |
270,713
+188,102
| +228% | +$25.5M |
|
153
Canadian National Railway
CNI
$76.9B
| $36.2M | 0.08% |
644,046
-17,771
| -3% | -$979K |
|
|
DFT
154
DELISTED
DuPont Fabros Technology Inc.
DFT
| $36.1M | 0.08% |
1,499,095
-16,720
| -1% | -$421K |
|
155
Idacorp
IDA
$7.86B
| $35.9M | 0.08% |
647,172
-9,870
| -2% | -$529K |
|
156
Mitsubishi UFJ Financial
MUFG
$254B
| $35.6M | 0.08% |
6,422,770
-2,214,805
| -26% | -$13.2M |
|
157
Plexus
PLXS
$6.47B
| $34.9M | 0.08% |
871,446
-12,360
| -1% | -$505K |
|
158
AbbVie
ABBV
$455B
| $32.2M | 0.07% |
627,139
-415,382
| -40% | -$21M |
|
159
Acadia Realty Trust
AKR
$3.08B
| $31M | 0.07% |
1,175,326
-15,250
| -1% | -$393K |
|
160
Capitol Federal Financial
CFFN
$1.1B
| $28.7M | 0.06% |
2,287,526
-46,925
| -2% | -$573K |
|
161
Polaris
PII
$3.88B
| $28.4M | 0.06% |
203,588
-4,262
| -2% | -$575K |
|
|
RDEN
162
DELISTED
ELIZABETH ARDEN INC
RDEN
| $27.7M | 0.06% |
939,239
-149,315
| -14% | -$4.44M |
|
163
Revvity
RVTY
$12.7B
| $27.4M | 0.06% |
609,140
-7,395
| -1% | -$325K |
|
164
Avista
AVA
$3.39B
| $27.2M | 0.06% |
888,905
-17,540
| -2% | -$510K |
|
165
United Natural Foods
UNFI
$3.01B
| $27.2M | 0.06% |
383,040
-77,945
| -17% | -$5.56M |
|
|
EDR
166
DELISTED
Education Realty Trust Inc
EDR
| $26.8M | 0.06% |
905,062
-19,415
| -2% | -$543K |
|
167
Integra LifeSciences
IART
$1.33B
| $26.4M | 0.06% |
1,404,801
-26,911
| -2% | -$519K |
|
168
United Parcel Service
UPS
$89.5B
| $26.1M | 0.06% |
267,951
-56,114
| -17% | -$5.47M |
|
169
Pegasystems
PEGA
$4.94B
| $25.6M | 0.06% |
2,903,120
-17,900
| -0.6% | -$193K |
|
|
ESRX
170
DELISTED
Express Scripts Holding Company
ESRX
| $25.3M | 0.06% |
337,475
-222,945
| -40% | -$16.7M |
|
171
Goldman Sachs
GS
$302B
| $23.9M | 0.05% |
145,904
-97,809
| -40% | -$16.5M |
|
|
VRE
172
DELISTED
Veris Residential
VRE
| $22.7M | 0.05% |
1,094,035
-14,425
| -1% | -$303K |
|
173
MKS Inc
MKSI
$19.8B
| $22.7M | 0.05% |
759,749
-16,250
| -2% | -$488K |
|
174
Extra Space Storage
EXR
$31.3B
| $22.7M | 0.05% |
467,512
-13,510
| -3% | -$626K |
|
175
Vanguard FTSE Europe ETF
VGK
$30.8B
| $21.6M | 0.05% |
366,613
+18,098
| +5% | +$1.06M |
|
Similar funds
Ken Fisher's Q1 2014 Portfolio in Review
As of Q1 2014, Ken Fisher held 629 positions worth $44.3B, up 0.5% from $44.1B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Fisher's Q1 2014 filing shows 68 new, 131 increased, 316 reduced and 43 closed positions. Its largest new stake was HEARTLAND PAYMENT SYSTEMS, INC. COM STK: 1,748,920 shares worth $72.5M. The largest sale was iShares MSCI EAFE ETF, an estimated $208M.
By sector, the portfolio is most concentrated in Financials at 20% of assets, up from 20% a quarter earlier, followed by Technology and Healthcare.
- Ken Fisher's largest Q1 2014 buy was HEARTLAND PAYMENT SYSTEMS, INC. COM STK: 1,748,920 shares worth $72.5M.
- Ken Fisher added most to Apple in Q1 2014, an estimated $92.2M increase.
- Ken Fisher's biggest Q1 2014 reduction was iShares MSCI EAFE ETF, cutting an estimated $208M.
- Ken Fisher fully exited TECHNIP ADS (EA REPTG ONE ORD SHS) in Q1 2014, selling an estimated $38.8M.
- Ken Fisher's ten largest holdings make up 23% of its $44.3B portfolio in Q1 2014.
- Ken Fisher opened 68 new positions and closed 43 in Q1 2014.
- Ken Fisher's portfolio value rose 0.5% quarter-over-quarter to $44.3B.
Based on Fisher Asset Management's 13F filing for Q1 2014, filed 22 Apr 2014.