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 |
iShares MSCI Taiwan ETF
EWT
|
+$145M |
| 2 |
Qorvo
QRVO
|
+$134M |
| 3 |
Infosys
INFY
|
+$71.4M |
| 4 |
TTM
Tata Motors Limited
TTM
|
+$56.4M |
| 5 |
Dr. Reddy's Laboratories
RDY
|
+$56.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TQNT
TRIQUINT SEMICONDUCTOR INC
TQNT
|
+$154M |
| 2 |
Vanguard S&P 500 ETF
VOO
|
+$51.1M |
| 3 |
NETGEAR
NTGR
|
+$39.5M |
| 4 |
FIGY
Barclays ETN+ FI Enhanced Global High Yield ETN
FIGY
|
+$37.1M |
| 5 |
FEEU
Barclays ETN+ FI Enhanced Europe 50 ETN
FEEU
|
+$26.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 20.41% |
| 2 | Healthcare | 14.51% |
| 3 | Technology | 13.39% |
| 4 | Consumer Discretionary | 7.23% |
| 5 | Industrials | 6.9% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
OUTR
151
DELISTED
OUTERWALL INC
OUTR
| $43.9M | 0.09% |
663,463
-268,728
| -29% | -$18M |
|
152
US Bancorp
USB
$98.2B
| $43.5M | 0.09% |
994,990
+8,198
| +0.8% | +$359K |
|
153
Cemex
CX
$17.1B
| $42.7M | 0.09% |
5,067,102
-80,888
| -2% | -$696K |
|
154
Prosperity Bancshares
PB
$8.97B
| $42.4M | 0.08% |
808,018
-12,590
| -2% | -$640K |
|
|
MENT
155
DELISTED
Mentor Graphics Corp
MENT
| $41.4M | 0.08% |
1,724,187
+45,225
| +3% | +$1.06M |
|
156
UMB Financial
UMBF
$11.1B
| $41.3M | 0.08% |
780,280
-5,550
| -0.7% | -$288K |
|
157
BP
BP
$116B
| $40.9M | 0.08% |
1,261,811
-13,393
| -1% | -$438K |
|
158
NNN REIT
NNN
$9.04B
| $39.6M | 0.08% |
967,735
-142,792
| -13% | -$5.92M |
|
159
United Parcel Service
UPS
$88.6B
| $39.3M | 0.08% |
405,469
+7,241
| +2% | +$743K |
|
160
Mitsubishi UFJ Financial
MUFG
$253B
| $39.3M | 0.08% |
6,317,310
-57,395
| -0.9% | -$341K |
|
161
Idacorp
IDA
$8.27B
| $39.2M | 0.08% |
623,597
-8,813
| -1% | -$567K |
|
162
Bio-Rad Laboratories Class A
BIO
$8.71B
| $39M | 0.08% |
288,501
-1,675
| -0.6% | -$208K |
|
163
Oceaneering
OII
$4.86B
| $38.6M | 0.08% |
716,008
-3,795
| -0.5% | -$202K |
|
164
Acadia Realty Trust
AKR
$3.09B
| $38.4M | 0.08% |
1,099,789
-16,040
| -1% | -$559K |
|
165
Pegasystems
PEGA
$5.02B
| $38.2M | 0.08% |
3,508,602
-34,546
| -1% | -$357K |
|
166
Texas Capital Bancshares
TCBI
$4.3B
| $37.9M | 0.08% |
779,565
-17,825
| -2% | -$840K |
|
167
Boeing
BA
$171B
| $37.3M | 0.07% |
248,651
+2,762
| +1% | +$402K |
|
168
Westamerica Bancorp
WABC
$1.38B
| $37.2M | 0.07% |
861,858
-12,325
| -1% | -$538K |
|
|
SFG
169
DELISTED
STANCORP FINL GRP
SFG
| $36.1M | 0.07% |
526,959
-9,014
| -2% | -$600K |
|
170
Teledyne Technologies
TDY
$30.4B
| $36M | 0.07% |
336,835
-146,972
| -30% | -$14.7M |
|
171
Integer Holdings
ITGR
$4.12B
| $35.5M | 0.07% |
672,277
-3,839
| -0.6% | -$182K |
|
172
Biogen
BIIB
$30B
| $34.2M | 0.07% |
81,058
+1,804
| +2% | +$711K |
|
173
Plexus
PLXS
$6.72B
| $34M | 0.07% |
835,001
-18,700
| -2% | -$749K |
|
174
AAR Corp
AIR
$5.59B
| $33.7M | 0.07% |
1,098,025
-90,600
| -8% | -$2.68M |
|
175
Extra Space Storage
EXR
$31.3B
| $33.4M | 0.07% |
495,030
+9,565
| +2% | +$627K |
|
Similar funds
Ken Fisher's Q1 2015 Portfolio in Review
As of Q1 2015, Ken Fisher held 664 positions worth $50B, up 3.5% from $48.4B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Ken Fisher's Q1 2015 filing shows 44 new, 219 increased, 244 reduced and 60 closed positions. Its largest new stake was iShares MSCI Taiwan ETF: 4,657,473 shares worth $147M. The largest sale was TRIQUINT SEMICONDUCTOR INC, an estimated $154M.
By sector, the portfolio is most concentrated in Financials at 20% of assets, down from 22% a quarter earlier, followed by Healthcare and Technology.
- Ken Fisher's largest Q1 2015 buy was iShares MSCI Taiwan ETF: 4,657,473 shares worth $147M.
- Ken Fisher added most to Infosys in Q1 2015, an estimated $71.4M increase.
- Ken Fisher's biggest Q1 2015 reduction was Vanguard S&P 500 ETF, cutting an estimated $51.1M.
- Ken Fisher fully exited TRIQUINT SEMICONDUCTOR INC in Q1 2015, selling an estimated $154M.
- Ken Fisher's ten largest holdings make up 22% of its $50B portfolio in Q1 2015.
- Ken Fisher opened 44 new positions and closed 60 in Q1 2015.
- Ken Fisher's portfolio value rose 3.5% quarter-over-quarter to $50B.
Based on Fisher Asset Management's 13F filing for Q1 2015, filed 30 Apr 2015.