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 |
Walmart Inc
WMT
|
+$323M |
| 2 |
JD.com
JD
|
+$141M |
| 3 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$90.2M |
| 4 |
America Movil
AMX
|
+$62.6M |
| 5 |
FIHD
UBS AG FI Enhanced Global High Yield ETN
FIHD
|
+$60.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$351M |
| 2 |
EMBJ
Embraer S.A. ADS
EMBJ
|
+$104M |
| 3 |
FEIC
FEI COMPANY
FEIC
|
+$39.1M |
| 4 |
FIGY
Barclays ETN+ FI Enhanced Global High Yield ETN
FIGY
|
+$36.1M |
| 5 |
FBGX
UBS AG FI Enhanced Large Cap Growth ETN
FBGX
|
+$28.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.08% |
| 2 | Healthcare | 14.41% |
| 3 | Technology | 13.36% |
| 4 | Consumer Discretionary | 8.06% |
| 5 | Industrials | 6.42% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
151
Integer Holdings
ITGR
$3.42B
| $43.4M | 0.08% |
1,329,820
+358,064
| +37% | +$11.8M |
|
152
Littelfuse
LFUS
$11.2B
| $42.7M | 0.08% |
361,838
+134,419
| +59% | +$15.6M |
|
153
Mueller Industries
MLI
$14.8B
| $42.5M | 0.08% |
5,090,460
-9,808
| -0.2% | -$75.8K |
|
154
Extra Space Storage
EXR
$31.3B
| $42.3M | 0.08% |
451,726
-15,643
| -3% | -$1.41M |
|
|
LUX
155
DELISTED
Luxottica Group
LUX
| $41.9M | 0.08% |
879,336
+10,478
| +1% | +$563K |
|
156
Bio-Rad Laboratories Class A
BIO
$8.74B
| $40.5M | 0.08% |
281,583
+12,508
| +5% | +$1.78M |
|
157
Integra LifeSciences
IART
$1.33B
| $40.5M | 0.08% |
1,006,730
-83,060
| -8% | -$2.99M |
|
158
Heartland Express
HTLD
$986M
| $40.2M | 0.07% |
2,235,992
-9,506
| -0.4% | -$169K |
|
159
UMB Financial
UMBF
$11.1B
| $40M | 0.07% |
737,502
+1,185
| +0.2% | +$64.4K |
|
|
MENT
160
DELISTED
Mentor Graphics Corp
MENT
| $39M | 0.07% |
1,806,122
+73,033
| +4% | +$1.52M |
|
161
Acadia Realty Trust
AKR
$3.08B
| $38.6M | 0.07% |
1,048,332
-6,726
| -0.6% | -$230K |
|
162
Gilead Sciences
GILD
$163B
| $38.5M | 0.07% |
446,493
-40,537
| -8% | -$3.6M |
|
|
EDR
163
DELISTED
Education Realty Trust Inc
EDR
| $38.3M | 0.07% |
819,805
-8,989
| -1% | -$377K |
|
164
Prosperity Bancshares
PB
$8.97B
| $38.2M | 0.07% |
762,411
-621
| -0.1% | -$31.2K |
|
|
AXE
165
DELISTED
Anixter International Inc
AXE
| $38.1M | 0.07% |
689,419
| – | – |
|
166
Goldman Sachs
GS
$302B
| $37.8M | 0.07% |
248,631
+13,250
| +6% | +$2.07M |
|
167
Mitsubishi UFJ Financial
MUFG
$254B
| $37.8M | 0.07% |
8,504,308
+739,542
| +10% | +$3.5M |
|
168
Revvity
RVTY
$12.7B
| $37M | 0.07% |
685,785
+30,025
| +5% | +$1.58M |
|
169
United Natural Foods
UNFI
$3.01B
| $36.3M | 0.07% |
741,170
+3,177
| +0.4% | +$122K |
|
170
BP
BP
$114B
| $36.1M | 0.07% |
1,186,924
+11,093
| +0.9% | +$299K |
|
171
Plexus
PLXS
$6.47B
| $35.2M | 0.07% |
795,984
-6,669
| -0.8% | -$281K |
|
172
Helen of Troy
HELE
$649M
| $33.6M | 0.06% |
333,977
+121,530
| +57% | +$12.3M |
|
173
Texas Capital Bancshares
TCBI
$4.29B
| $33.5M | 0.06% |
710,212
-203
| -0% | -$9.09K |
|
174
Avista
AVA
$3.39B
| $33.2M | 0.06% |
750,689
-533
| -0.1% | -$21.8K |
|
175
Teledyne Technologies
TDY
$30.1B
| $32.7M | 0.06% |
319,437
-2,323
| -0.7% | -$220K |
|
Similar funds
Ken Fisher's Q2 2016 Portfolio in Review
As of Q2 2016, Ken Fisher held 787 positions worth $53.9B, up 2.4% from $52.6B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Fisher's Q2 2016 filing shows 43 new, 284 increased, 281 reduced and 42 closed positions. Its largest new stake was DST Systems Inc.: 280,332 shares worth $16.9M. The largest sale was Amazon, an estimated $351M.
By sector, the portfolio is most concentrated in Financials at 17% of assets, down from 18% a quarter earlier, followed by Healthcare and Technology.
- Ken Fisher's largest Q2 2016 buy was DST Systems Inc.: 280,332 shares worth $16.9M.
- Ken Fisher added most to Walmart Inc in Q2 2016, an estimated $323M increase.
- Ken Fisher's biggest Q2 2016 reduction was Amazon, cutting an estimated $351M.
- Ken Fisher fully exited Embraer S.A. ADS in Q2 2016, selling an estimated $104M.
- Ken Fisher's ten largest holdings make up 23% of its $53.9B portfolio in Q2 2016.
- Ken Fisher opened 43 new positions and closed 42 in Q2 2016.
- Ken Fisher's portfolio value rose 2.4% quarter-over-quarter to $53.9B.
Based on Fisher Asset Management's 13F filing for Q2 2016, filed 12 Jul 2016.