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 |
SI
SIEMENS AKTIENGESELLSCHAFT ADS
SI
|
+$125M |
| 2 |
Chevron
CVX
|
+$74.5M |
| 3 |
BF
BASF AKTIENGESELLT ADS(RP1 ORD
BF
|
+$69.7M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$69.2M |
| 5 |
Alibaba
BABA
|
+$60.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
HPY
HEARTLAND PAYMENT SYSTEMS, INC. COM STK
HPY
|
+$116M |
| 2 |
ABB
ABB Ltd
ABB
|
+$109M |
| 3 |
Prudential
PUK
|
+$107M |
| 4 |
JAH
JARDEN CORPORATION
JAH
|
+$78.2M |
| 5 |
ExxonMobil
XOM
|
+$68M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.96% |
| 2 | Healthcare | 14.07% |
| 3 | Technology | 13.49% |
| 4 | Consumer Discretionary | 8.15% |
| 5 | Industrials | 6.72% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
151
Heartland Express
HTLD
$986M
| $39.6M | 0.08% |
2,245,498
-75,394
| -3% | -$1.35M |
|
152
Mueller Industries
MLI
$14.8B
| $38.9M | 0.07% |
5,100,268
-91,808
| -2% | -$606K |
|
|
MZTI
153
The Marzetti Company
MZTI
$2.95B
| $38M | 0.07% |
+341,235
| New | +$36.6M |
|
154
UMB Financial
UMBF
$11.1B
| $37.8M | 0.07% |
736,317
-12,666
| -2% | -$609K |
|
155
Bio-Rad Laboratories Class A
BIO
$8.74B
| $37.7M | 0.07% |
269,075
-5,559
| -2% | -$730K |
|
156
Prosperity Bancshares
PB
$8.97B
| $37.4M | 0.07% |
763,032
+5,565
| +0.7% | +$235K |
|
157
Mitsubishi UFJ Financial
MUFG
$254B
| $37.3M | 0.07% |
7,764,766
+1,311,606
| +20% | +$6.4M |
|
158
Goldman Sachs
GS
$302B
| $37.3M | 0.07% |
235,381
-32,581
| -12% | -$5.04M |
|
|
AXE
159
DELISTED
Anixter International Inc
AXE
| $36.8M | 0.07% |
689,419
-12,342
| -2% | -$580K |
|
160
Integra LifeSciences
IART
$1.33B
| $36.4M | 0.07% |
1,089,790
-14,600
| -1% | -$455K |
|
161
Regal Rexnord
RRX
$13.5B
| $36.1M | 0.07% |
537,672
-1,516
| -0.3% | -$84.9K |
|
162
Acadia Realty Trust
AKR
$3.08B
| $35.9M | 0.07% |
1,055,058
-1,035
| -0.1% | -$34.4K |
|
|
FIHD
163
DELISTED
UBS AG FI Enhanced Global High Yield ETN
FIHD
| $35.5M | 0.07% |
+303,124
| New | +$32.8M |
|
|
MENT
164
DELISTED
Mentor Graphics Corp
MENT
| $35.4M | 0.07% |
1,733,089
-5,518
| -0.3% | -$101K |
|
165
Integer Holdings
ITGR
$3.42B
| $34.6M | 0.07% |
971,756
+207,044
| +27% | +$7.3M |
|
166
Veeco
VECO
$2.95B
| $34.6M | 0.07% |
1,802,323
-26,275
| -1% | -$482K |
|
167
Perrigo
PRGO
$1.43B
| $34M | 0.06% |
265,942
+49,996
| +23% | +$6.84M |
|
168
Revvity
RVTY
$12.7B
| $33.4M | 0.06% |
655,760
-5,860
| -0.9% | -$280K |
|
|
EDR
169
DELISTED
Education Realty Trust Inc
EDR
| $33.2M | 0.06% |
828,794
-1,181
| -0.1% | -$46.2K |
|
|
SWFT
170
DELISTED
Swift Transportation Company
SWFT
| $32.8M | 0.06% |
1,823,519
+3,993
| +0.2% | +$64.7K |
|
171
Plexus
PLXS
$6.47B
| $31.3M | 0.06% |
802,653
-2,714
| -0.3% | -$96.2K |
|
172
United Parcel Service
UPS
$89.5B
| $30.6M | 0.06% |
289,771
-77,495
| -21% | -$7.53M |
|
173
Capitol Federal Financial
CFFN
$1.1B
| $30.5M | 0.06% |
2,293,386
-757
| -0% | -$9.43K |
|
174
Avista
AVA
$3.39B
| $30.3M | 0.06% |
751,222
+733
| +0.1% | +$27.6K |
|
175
BP
BP
$114B
| $30.3M | 0.06% |
1,175,831
-78,756
| -6% | -$1.99M |
|
Similar funds
Ken Fisher's Q1 2016 Portfolio in Review
As of Q1 2016, Ken Fisher held 845 positions worth $52.6B, up 1.4% from $51.9B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Fisher's Q1 2016 filing shows 52 new, 265 increased, 294 reduced and 101 closed positions. Its largest new stake was JD.com: 2,269,246 shares worth $67.8M. The largest sale was HEARTLAND PAYMENT SYSTEMS, INC. COM STK, an estimated $116M.
By sector, the portfolio is most concentrated in Financials at 18% of assets, down from 20% a quarter earlier, followed by Healthcare and Technology.
- Ken Fisher's largest Q1 2016 buy was JD.com: 2,269,246 shares worth $67.8M.
- Ken Fisher added most to SIEMENS AKTIENGESELLSCHAFT ADS in Q1 2016, an estimated $125M increase.
- Ken Fisher's biggest Q1 2016 reduction was ABB Ltd, cutting an estimated $109M.
- Ken Fisher fully exited HEARTLAND PAYMENT SYSTEMS, INC. COM STK in Q1 2016, selling an estimated $116M.
- Ken Fisher's ten largest holdings make up 23% of its $52.6B portfolio in Q1 2016.
- Ken Fisher opened 52 new positions and closed 101 in Q1 2016.
- Ken Fisher's portfolio value rose 1.4% quarter-over-quarter to $52.6B.
Based on Fisher Asset Management's 13F filing for Q1 2016, filed 18 Apr 2016.