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 |
UBS Group
UBS
|
+$423M |
| 2 |
CS
Credit Suisse Group
CS
|
+$261M |
| 3 |
Barclays
BCS
|
+$240M |
| 4 |
ABB
ABB Ltd
ABB
|
+$161M |
| 5 |
Trip.com Group
TCOM
|
+$113M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Lloyds Banking Group
LYG
|
+$230M |
| 2 |
SI
SIEMENS AKTIENGESELLSCHAFT ADS
SI
|
+$162M |
| 3 |
BF
BASF AKTIENGESELLT ADS(RP1 ORD
BF
|
+$84M |
| 4 |
BHP
BHP
|
+$60.3M |
| 5 |
SUSQ
SUSQUEHANNA BANCSHARES INC
SUSQ
|
+$42.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 21.7% |
| 2 | Healthcare | 13.73% |
| 3 | Technology | 13.21% |
| 4 | Industrials | 7.16% |
| 5 | Consumer Discretionary | 6.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
151
Texas Capital Bancshares
TCBI
$4.29B
| $43.3M | 0.09% |
797,390
-8,885
| -1% | -$504K |
|
152
Pool Corp
POOL
$6.95B
| $42.9M | 0.09% |
676,292
+6,040
| +0.9% | +$357K |
|
153
Westamerica Bancorp
WABC
$1.38B
| $42.9M | 0.09% |
874,183
-14,280
| -2% | -$686K |
|
|
BECN
154
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $42.8M | 0.09% |
1,540,408
-15,715
| -1% | -$427K |
|
155
Regal Rexnord
RRX
$13.5B
| $42.8M | 0.09% |
568,712
-13,015
| -2% | -$914K |
|
|
BMR
156
DELISTED
BIOMED REALTY TRUST INC
BMR
| $42.5M | 0.09% |
1,973,926
-7,745
| -0.4% | -$165K |
|
157
Oceaneering
OII
$4.74B
| $42.3M | 0.09% |
719,803
-9,890
| -1% | -$635K |
|
158
Idacorp
IDA
$7.86B
| $41.9M | 0.09% |
632,410
-7,567
| -1% | -$464K |
|
159
Darling Ingredients
DAR
$9.69B
| $40.9M | 0.08% |
2,250,073
-30,105
| -1% | -$544K |
|
|
PVTB
160
DELISTED
PrivateBancorp Inc
PVTB
| $40.5M | 0.08% |
1,213,680
+140,480
| +13% | +$4.39M |
|
161
BP
BP
$114B
| $40.3M | 0.08% |
1,275,204
-16,245
| -1% | -$546K |
|
162
Eli Lilly
LLY
$1.03T
| $39.9M | 0.08% |
578,992
+459,182
| +383% | +$31M |
|
163
Invesco QQQ Trust
QQQ
$450B
| $39.7M | 0.08% |
384,720
+189,686
| +97% | +$19.2M |
|
164
Ambev
ABEV
$48.2B
| $39.6M | 0.08% |
6,362,556
-37,123
| -0.6% | -$234K |
|
165
NETGEAR
NTGR
$616M
| $39.5M | 0.08% |
1,111,424
-18,865
| -2% | -$638K |
|
|
SFG
166
DELISTED
STANCORP FINL GRP
SFG
| $37.4M | 0.08% |
535,973
+138,362
| +35% | +$9.23M |
|
|
MENT
167
DELISTED
Mentor Graphics Corp
MENT
| $36.8M | 0.08% |
1,678,962
-18,811
| -1% | -$397K |
|
168
Pegasystems
PEGA
$4.94B
| $36.8M | 0.08% |
3,543,148
+621,048
| +21% | +$6.36M |
|
169
Acadia Realty Trust
AKR
$3.08B
| $35.7M | 0.07% |
1,115,829
-18,732
| -2% | -$580K |
|
170
Mitsubishi UFJ Financial
MUFG
$254B
| $35.3M | 0.07% |
6,374,705
-56,927
| -0.9% | -$317K |
|
171
Plexus
PLXS
$6.47B
| $35.2M | 0.07% |
853,701
-6,300
| -0.7% | -$246K |
|
172
Bio-Rad Laboratories Class A
BIO
$8.74B
| $35M | 0.07% |
290,176
-2,995
| -1% | -$345K |
|
|
FBG
173
DELISTED
UBS AG LONDON BRH FISHER ENHANCED BIG CAP GROWTH ETN
FBG
| $33.1M | 0.07% |
600,073
-282,004
| -32% | -$14.9M |
|
174
AAR Corp
AIR
$5.56B
| $33M | 0.07% |
1,188,625
+130,295
| +12% | +$3.37M |
|
175
Honeywell
HON
$76.7B
| $32.3M | 0.07% |
359,463
+355,109
| +8,156% | +$30.5M |
|
Similar funds
Ken Fisher's Q4 2014 Portfolio in Review
As of Q4 2014, Ken Fisher held 664 positions worth $48.4B, up 3.1% from $46.9B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Ken Fisher's Q4 2014 filing shows 80 new, 228 increased, 245 reduced and 44 closed positions. Its largest new stake was UBS Group: 24,721,456 shares worth $422M. The largest sale was Lloyds Banking Group, an estimated $230M.
By sector, the portfolio is most concentrated in Financials at 22% of assets, up from 20% a quarter earlier, followed by Healthcare and Technology.
- Ken Fisher's largest Q4 2014 buy was UBS Group: 24,721,456 shares worth $422M.
- Ken Fisher added most to Credit Suisse Group in Q4 2014, an estimated $261M increase.
- Ken Fisher's biggest Q4 2014 reduction was Lloyds Banking Group, cutting an estimated $230M.
- Ken Fisher fully exited SUSQUEHANNA BANCSHARES INC in Q4 2014, selling an estimated $42.8M.
- Ken Fisher's ten largest holdings make up 22% of its $48.4B portfolio in Q4 2014.
- Ken Fisher opened 80 new positions and closed 44 in Q4 2014.
- Ken Fisher's portfolio value rose 3.1% quarter-over-quarter to $48.4B.
Based on Fisher Asset Management's 13F filing for Q4 2014, filed 29 Jan 2015.