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 iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$607M |
| 2 |
Vodafone
VOD
|
+$318M |
| 3 |
SI
SIEMENS AKTIENGESELLSCHAFT ADS
SI
|
+$267M |
| 4 |
Alibaba
BABA
|
+$228M |
| 5 |
Itaú Unibanco
ITUB
|
+$137M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
|
+$545M |
| 2 |
GE Aerospace
GE
|
+$284M |
| 3 |
NXP Semiconductors
NXPI
|
+$121M |
| 4 |
MENT
Mentor Graphics Corp
MENT
|
+$63.3M |
| 5 |
Heartland Express
HTLD
|
+$45.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 22.33% |
| 2 | Financials | 19.82% |
| 3 | Technology | 14.55% |
| 4 | Healthcare | 12.32% |
| 5 | Consumer Discretionary | 8.69% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
INFN
151
DELISTED
Infinera Corporation Common Stock
INFN
| $52.4M | 0.08% |
+5,124,531
| New | +$51.4M |
|
|
MZTI
152
The Marzetti Company
MZTI
$2.84B
| $52M | 0.08% |
403,475
+3,764
| +0.9% | +$505K |
|
153
Integer Holdings
ITGR
$4.28B
| $51.8M | 0.08% |
1,288,719
-66,483
| -5% | -$2.32M |
|
|
MGLN
154
DELISTED
Magellan Health Services, Inc.
MGLN
| $51.2M | 0.08% |
741,801
-15,681
| -2% | -$1.14M |
|
155
MKS Inc
MKSI
$18.1B
| $50.7M | 0.08% |
737,664
+15,968
| +2% | +$1.05M |
|
156
Artisan Partners
APAM
$2.69B
| $50.7M | 0.08% |
1,836,637
+16,309
| +0.9% | +$468K |
|
157
State Street Financial Select Sector SPDR ETF
XLF
$54.2B
| $49.8M | 0.08% |
2,097,516
+145,140
| +7% | +$3.48M |
|
158
Prosperity Bancshares
PB
$8.57B
| $49.4M | 0.08% |
708,530
-20,772
| -3% | -$1.51M |
|
159
WPP
WPP
$5.39B
| $48.5M | 0.08% |
443,669
-31,509
| -7% | -$3.54M |
|
160
Boston Beer
SAM
$1.78B
| $48.1M | 0.08% |
332,471
-5,811
| -2% | -$909K |
|
|
161
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
$11.3B
| $46.8M | 0.08% |
1,529,420
-17,821,649
| -92% | -$545M |
|
|
LUX
162
DELISTED
Luxottica Group
LUX
| $46.6M | 0.07% |
845,843
-21,862
| -3% | -$1.17M |
|
163
Mitsubishi UFJ Financial
MUFG
$269B
| $45.6M | 0.07% |
7,188,355
-1,087,966
| -13% | -$7.12M |
|
164
Veeco
VECO
$2.74B
| $45.3M | 0.07% |
1,518,100
-52,481
| -3% | -$1.46M |
|
165
Honeywell
HON
$64.1B
| $44.5M | 0.07% |
394,700
-24,155
| -6% | -$2.67M |
|
166
AbbVie
ABBV
$454B
| $44.5M | 0.07% |
682,915
-13,654
| -2% | -$858K |
|
167
iShares National Muni Bond ETF
MUB
$44.8B
| $44.4M | 0.07% |
407,279
+120,494
| +42% | +$13.1M |
|
168
Invesco QQQ Trust
QQQ
$488B
| $44.3M | 0.07% |
334,722
+24,341
| +8% | +$3.11M |
|
169
Regal Rexnord
RRX
$10.8B
| $43.8M | 0.07% |
578,923
+2,030
| +0.4% | +$150K |
|
170
Integra LifeSciences
IART
$1.21B
| $43.4M | 0.07% |
1,031,310
-11,350
| -1% | -$485K |
|
171
ING
ING
$106B
| $43.3M | 0.07% |
2,869,131
+2,424,953
| +546% | +$35.5M |
|
172
Plexus
PLXS
$6.81B
| $42.5M | 0.07% |
735,892
-50,117
| -6% | -$2.79M |
|
173
Mueller Industries
MLI
$13.4B
| $41.9M | 0.07% |
4,892,796
-125,624
| -3% | -$1.22M |
|
174
Blackrock
BLK
$167B
| $41.7M | 0.07% |
108,774
+33,283
| +44% | +$12.7M |
|
175
Charles River Laboratories
CRL
$13.3B
| $41.7M | 0.07% |
463,712
-26,392
| -5% | -$2.24M |
|
Similar funds
Ken Fisher's Q1 2017 Portfolio in Review
As of Q1 2017, Ken Fisher held 865 positions worth $62.4B, up 8.7% from $57.4B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Ken Fisher's Q1 2017 filing shows 82 new, 252 increased, 334 reduced and 92 closed positions. Its largest new stake was Vodafone: 12,420,913 shares worth $328M. The largest sale was State Street SPDR Portfolio Short Term Corporate Bond ETF, an estimated $545M.
By sector, the portfolio is most concentrated in Miscellaneous at 22% of assets, up from 22% a quarter earlier, followed by Financials and Technology.
- Ken Fisher's largest Q1 2017 buy was Vodafone: 12,420,913 shares worth $328M.
- Ken Fisher added most to iShares iBoxx $ Investment Grade Corporate Bond ETF in Q1 2017, an estimated $607M increase.
- Ken Fisher's biggest Q1 2017 reduction was State Street SPDR Portfolio Short Term Corporate Bond ETF, cutting an estimated $545M.
- Ken Fisher fully exited NXP Semiconductors in Q1 2017, selling an estimated $121M.
- Ken Fisher's ten largest holdings make up 24% of its $62.4B portfolio in Q1 2017.
- Ken Fisher opened 82 new positions and closed 92 in Q1 2017.
- Ken Fisher's portfolio value rose 8.7% quarter-over-quarter to $62.4B.
Based on Fisher Asset Management's 13F filing for Q1 2017, filed 25 Apr 2017.