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 |
FIEE
FI Enhanced Europe 50 ETN
FIEE
|
+$334M |
| 2 |
Goldman Sachs
GS
|
+$280M |
| 3 |
Capital One
COF
|
+$81.6M |
| 4 |
NXP Semiconductors
NXPI
|
+$78.2M |
| 5 |
Lloyds Banking Group
LYG
|
+$70.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FEEU
Barclays ETN+ FI Enhanced Europe 50 ETN
FEEU
|
+$267M |
| 2 |
Citigroup
C
|
+$175M |
| 3 |
Bank of America
BAC
|
+$112M |
| 4 |
CS
Credit Suisse Group
CS
|
+$109M |
| 5 |
American Express
AXP
|
+$77.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 22.76% |
| 2 | Financials | 17.78% |
| 3 | Technology | 14.63% |
| 4 | Healthcare | 13.41% |
| 5 | Consumer Discretionary | 8.58% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
151
UMB Financial
UMBF
$10.6B
| $44.1M | 0.08% |
741,259
+3,757
| +0.5% | +$215K |
|
152
NNN REIT
NNN
$8.42B
| $44M | 0.08% |
866,056
-37,962
| -4% | -$1.94M |
|
153
Integra LifeSciences
IART
$1.21B
| $43.5M | 0.08% |
1,052,810
+46,080
| +5% | +$1.93M |
|
154
AbbVie
ABBV
$454B
| $43.1M | 0.08% |
684,042
-9,352
| -1% | -$605K |
|
|
LUX
155
DELISTED
Luxottica Group
LUX
| $43M | 0.08% |
898,824
+19,488
| +2% | +$946K |
|
156
Mitsubishi UFJ Financial
MUFG
$269B
| $42.8M | 0.08% |
8,481,838
-22,470
| -0.3% | -$113K |
|
157
Heartland Express
HTLD
$954M
| $42.5M | 0.08% |
2,249,482
+13,490
| +0.6% | +$253K |
|
158
Idacorp
IDA
$7.84B
| $42.4M | 0.08% |
541,587
+4,260
| +0.8% | +$336K |
|
159
Charles River Laboratories
CRL
$13.3B
| $42.4M | 0.08% |
508,660
-7,468
| -1% | -$626K |
|
|
MGLN
160
DELISTED
Magellan Health Services, Inc.
MGLN
| $41.9M | 0.07% |
780,537
+9,429
| +1% | +$568K |
|
161
Mueller Industries
MLI
$13.4B
| $41.6M | 0.07% |
5,126,640
+36,180
| +0.7% | +$304K |
|
162
Prosperity Bancshares
PB
$8.57B
| $41.3M | 0.07% |
753,154
-9,257
| -1% | -$491K |
|
|
DST
163
DELISTED
DST Systems Inc.
DST
| $41M | 0.07% |
695,004
+414,672
| +148% | +$25.1M |
|
164
Texas Capital Bancshares
TCBI
$4.31B
| $39.8M | 0.07% |
724,241
+14,029
| +2% | +$707K |
|
|
SWFT
165
DELISTED
Swift Transportation Company
SWFT
| $39.6M | 0.07% |
1,844,230
+22,030
| +1% | +$419K |
|
166
Revvity
RVTY
$13.9B
| $39.1M | 0.07% |
697,696
+11,911
| +2% | +$650K |
|
167
Acadia Realty Trust
AKR
$2.72B
| $38.6M | 0.07% |
1,064,074
+15,742
| +2% | +$575K |
|
168
Boeing
BA
$166B
| $38.3M | 0.07% |
290,778
+75,528
| +35% | +$9.95M |
|
|
KATE
169
DELISTED
Kate Spade & Company
KATE
| $38.3M | 0.07% |
2,235,361
+46,189
| +2% | +$895K |
|
170
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$6.8B
| $38.3M | 0.07% |
347,349
+203,921
| +142% | +$22.2M |
|
171
Plexus
PLXS
$6.81B
| $37.4M | 0.07% |
798,814
+2,830
| +0.4% | +$130K |
|
|
ETFC
172
DELISTED
E*Trade Financial Corporation
ETFC
| $36.8M | 0.07% |
1,262,365
+150,516
| +14% | +$3.89M |
|
|
EDR
173
DELISTED
Education Realty Trust Inc
EDR
| $35.9M | 0.06% |
831,630
+11,825
| +1% | +$541K |
|
174
MKS Inc
MKSI
$18.1B
| $35.8M | 0.06% |
720,796
+21,525
| +3% | +$1.01M |
|
175
Veeco
VECO
$2.74B
| $35.8M | 0.06% |
1,824,643
+22,225
| +1% | +$419K |
|
Similar funds
Ken Fisher's Q3 2016 Portfolio in Review
As of Q3 2016, Ken Fisher held 812 positions worth $56.3B, up 4.5% from $53.9B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Fisher's Q3 2016 filing shows 67 new, 303 increased, 278 reduced and 36 closed positions. Its largest new stake was iShares Europe ETF: 130,527 shares worth $5.14M. The largest sale was Barclays ETN+ FI Enhanced Europe 50 ETN, an estimated $267M.
By sector, the portfolio is most concentrated in Miscellaneous at 23% of assets, up from 22% a quarter earlier, followed by Financials and Technology.
- Ken Fisher's largest Q3 2016 buy was iShares Europe ETF: 130,527 shares worth $5.14M.
- Ken Fisher added most to FI Enhanced Europe 50 ETN in Q3 2016, an estimated $334M increase.
- Ken Fisher's biggest Q3 2016 reduction was Barclays ETN+ FI Enhanced Europe 50 ETN, cutting an estimated $267M.
- Ken Fisher fully exited PrivateBancorp Inc in Q3 2016, selling an estimated $61.3M.
- Ken Fisher's ten largest holdings make up 23% of its $56.3B portfolio in Q3 2016.
- Ken Fisher opened 67 new positions and closed 36 in Q3 2016.
- Ken Fisher's portfolio value rose 4.5% quarter-over-quarter to $56.3B.
Based on Fisher Asset Management's 13F filing for Q3 2016, filed 11 Oct 2016.