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 |
AB InBev
BUD
|
+$543M |
| 2 |
ExxonMobil
XOM
|
+$75.8M |
| 3 |
Trip.com Group
TCOM
|
+$57M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$56.8M |
| 5 |
Alibaba
BABA
|
+$52.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Toyota
TM
|
+$571M |
| 2 |
Chevron
CVX
|
+$76.5M |
| 3 |
SFG
STANCORP FINL GRP
SFG
|
+$39.1M |
| 4 |
NVO
Novo Nordisk
NVO
|
+$36.4M |
| 5 |
Gilead Sciences
GILD
|
+$25.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 20.2% |
| 2 | Healthcare | 14.84% |
| 3 | Technology | 13.02% |
| 4 | Consumer Discretionary | 7.11% |
| 5 | Industrials | 6.4% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
151
Cemex
CX
$17B
| $38M | 0.08% |
5,881,654
+5,629
| +0.1% | +$41.8K |
|
152
UMB Financial
UMBF
$11B
| $38M | 0.08% |
747,847
-21,483
| -3% | -$1.13M |
|
153
Veeco
VECO
$3.05B
| $37.5M | 0.08% |
1,830,608
-58,835
| -3% | -$1.42M |
|
|
ESRX
154
DELISTED
Express Scripts Holding Company
ESRX
| $37.2M | 0.08% |
459,838
-73,604
| -14% | -$6.41M |
|
155
Prosperity Bancshares
PB
$8.96B
| $37.1M | 0.08% |
756,133
-39,735
| -5% | -$2.1M |
|
156
Bio-Rad Laboratories Class A
BIO
$8.66B
| $37M | 0.08% |
275,519
-10,697
| -4% | -$1.54M |
|
157
United Parcel Service
UPS
$88.7B
| $36.1M | 0.08% |
365,837
-37,396
| -9% | -$3.69M |
|
158
Extra Space Storage
EXR
$31.4B
| $35.8M | 0.07% |
463,458
-3,882
| -0.8% | -$284K |
|
|
DFT
159
DELISTED
DuPont Fabros Technology Inc.
DFT
| $34.3M | 0.07% |
1,325,763
-37,554
| -3% | -$1.07M |
|
160
Perrigo
PRGO
$1.4B
| $34.2M | 0.07% |
217,661
-16,209
| -7% | -$2.97M |
|
161
NNN REIT
NNN
$8.99B
| $33.9M | 0.07% |
935,230
-30,970
| -3% | -$1.12M |
|
162
United Natural Foods
UNFI
$3.03B
| $33.6M | 0.07% |
693,333
-8,900
| -1% | -$457K |
|
163
NCR Voyix
VYX
$1.14B
| $32.9M | 0.07% |
2,355,244
-66,944
| -3% | -$1.12M |
|
164
Integra LifeSciences
IART
$1.29B
| $32.8M | 0.07% |
1,103,190
-155,720
| -12% | -$4.87M |
|
165
Biogen
BIIB
$30.2B
| $32.8M | 0.07% |
112,448
+31,516
| +39% | +$10.4M |
|
166
BP
BP
$115B
| $32M | 0.07% |
1,244,249
-1,047
| -0.1% | -$30.7K |
|
167
Acadia Realty Trust
AKR
$3.07B
| $31.8M | 0.07% |
1,056,141
-32,723
| -3% | -$1.01M |
|
168
Plexus
PLXS
$6.77B
| $30.9M | 0.06% |
801,661
-24,520
| -3% | -$941K |
|
169
Revvity
RVTY
$12.6B
| $30.8M | 0.06% |
670,227
+23,807
| +4% | +$1.18M |
|
170
Charles River Laboratories
CRL
$11.2B
| $30.7M | 0.06% |
482,899
-25,417
| -5% | -$1.83M |
|
171
Regal Rexnord
RRX
$13.7B
| $30.5M | 0.06% |
539,622
-16,625
| -3% | -$1.11M |
|
172
Boeing
BA
$170B
| $29.3M | 0.06% |
223,663
-31,447
| -12% | -$4.36M |
|
173
Teledyne Technologies
TDY
$30.5B
| $29M | 0.06% |
321,340
-11,880
| -4% | -$1.2M |
|
174
Meta Platforms (Facebook)
META
$1.4T
| $28M | 0.06% |
311,106
-49,451
| -14% | -$4.54M |
|
175
Oceaneering
OII
$4.78B
| $27.4M | 0.06% |
698,503
-18,450
| -3% | -$765K |
|
Similar funds
Ken Fisher's Q3 2015 Portfolio in Review
As of Q3 2015, Ken Fisher held 777 positions worth $48B, down 6.7% from $51.4B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Fisher's Q3 2015 filing shows 146 new, 253 increased, 242 reduced and 62 closed positions. Its largest new stake was First American: 571,175 shares worth $22.3M. The largest sale was Toyota, an estimated $571M.
By sector, the portfolio is most concentrated in Financials at 20% of assets, down from 21% a quarter earlier, followed by Healthcare and Technology.
- Ken Fisher's largest Q3 2015 buy was First American: 571,175 shares worth $22.3M.
- Ken Fisher added most to AB InBev in Q3 2015, an estimated $543M increase.
- Ken Fisher's biggest Q3 2015 reduction was Toyota, cutting an estimated $571M.
- Ken Fisher fully exited STANCORP FINL GRP in Q3 2015, selling an estimated $39.1M.
- Ken Fisher's ten largest holdings make up 23% of its $48B portfolio in Q3 2015.
- Ken Fisher opened 146 new positions and closed 62 in Q3 2015.
- Ken Fisher's portfolio value fell 6.7% quarter-over-quarter to $48B.
Based on Fisher Asset Management's 13F filing for Q3 2015, filed 20 Oct 2015.