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 |
Apple
AAPL
|
+$92.2M |
| 2 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$83.3M |
| 3 |
HPY
HEARTLAND PAYMENT SYSTEMS, INC. COM STK
HPY
|
+$76M |
| 4 |
FIEG
FI Enhanced Global High Yield Exchange Traded Notes
FIEG
|
+$45.3M |
| 5 |
AAWW
Atlas Air Worldwide Holdings, Inc.
AAWW
|
+$44.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI EAFE ETF
EFA
|
+$208M |
| 2 |
Vanguard S&P 500 ETF
VOO
|
+$150M |
| 3 |
FCS
FAIRCHILD SEMICONDUCTOR INTL INC COMMON
FCS
|
+$66.6M |
| 4 |
OVTI
OMNIVISION TECHNOLOGIES INC
OVTI
|
+$48.3M |
| 5 |
CEO
CNOOC Limited
CEO
|
+$44M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.85% |
| 2 | Technology | 12.89% |
| 3 | Healthcare | 12.55% |
| 4 | Industrials | 7.74% |
| 5 | Consumer Discretionary | 7.22% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
176
Gerdau
GGB
$9.74B
| $21.3M | 0.05% |
4,187,435
+966,066
| +30% | +$5.13M |
|
177
Boeing
BA
$175B
| $21.1M | 0.05% |
167,800
-45,766
| -21% | -$5.96M |
|
|
SGI
178
Somnigroup International
SGI
$14.1B
| $20.8M | 0.05% |
1,643,940
-3,500
| -0.2% | -$43.5K |
|
179
State Street Financial Select Sector SPDR ETF
XLF
$56.8B
| $20M | 0.05% |
1,022,165
+47,680
| +5% | +$910K |
|
|
SAPE
180
DELISTED
SAPIENT CORP
SAPE
| $19.6M | 0.04% |
1,146,070
-1,350
| -0.1% | -$22.6K |
|
|
CNL
181
DELISTED
CLECO CRP (HOLDING CO)
CNL
| $19.5M | 0.04% |
384,735
-28,500
| -7% | -$1.38M |
|
182
COPT Defense Properties
CDP
$4.35B
| $19.1M | 0.04% |
718,788
-5,915
| -0.8% | -$151K |
|
|
GHL
183
DELISTED
Greenhill & Co., Inc.
GHL
| $18.3M | 0.04% |
351,360
-5,400
| -2% | -$292K |
|
184
Ameriprise Financial
AMP
$48.1B
| $17.9M | 0.04% |
162,917
-6,041
| -4% | -$661K |
|
185
Invesco QQQ Trust
QQQ
$450B
| $17.7M | 0.04% |
201,533
-209,391
| -51% | -$18.5M |
|
|
STJ
186
DELISTED
St Jude Medical
STJ
| $16.8M | 0.04% |
257,270
-10,110
| -4% | -$658K |
|
|
SNDK
187
DELISTED
SANDISK CORP
SNDK
| $16.7M | 0.04% |
206,002
-7,320
| -3% | -$540K |
|
188
Terex
TEX
$7.11B
| $16.6M | 0.04% |
375,285
-8,870
| -2% | -$373K |
|
|
FRC
189
DELISTED
First Republic Bank
FRC
| $16.5M | 0.04% |
306,130
-16,590
| -5% | -$855K |
|
|
CYN
190
DELISTED
CITY NATIONAL CORPORATION
CYN
| $16.3M | 0.04% |
206,687
-11,095
| -5% | -$835K |
|
191
Zimmer Biomet
ZBH
$18.4B
| $16.2M | 0.04% |
176,717
-7,287
| -4% | -$672K |
|
192
Mastercard
MA
$510B
| $16.1M | 0.04% |
214,966
+316
| +0.1% | +$24.7K |
|
193
eBay
EBAY
$50.4B
| $15.8M | 0.04% |
681,197
-452,262
| -40% | -$10.5M |
|
194
Rockwell Automation
ROK
$52.4B
| $15.6M | 0.04% |
124,866
+3,056
| +3% | +$363K |
|
195
Hancock Whitney
HWC
$6.14B
| $15.4M | 0.03% |
420,790
-16,755
| -4% | -$595K |
|
196
Toll Brothers
TOL
$14B
| $15.2M | 0.03% |
423,977
-20,445
| -5% | -$753K |
|
197
Cullen/Frost Bankers
CFR
$10.3B
| $14.8M | 0.03% |
191,330
-11,715
| -6% | -$875K |
|
198
Invesco S&P 500 Top 50 ETF
XLG
$10.5B
| $14.8M | 0.03% |
1,141,730
+52,260
| +5% | +$667K |
|
|
HOT
199
DELISTED
STARWOOD HOTELS & RESORTS WORLDWIDE, INC.
HOT
| $14.6M | 0.03% |
183,475
-5,790
| -3% | -$453K |
|
200
Kroger
KR
$35.4B
| $14.5M | 0.03% |
666,280
-36,784
| -5% | -$732K |
|
Similar funds
Ken Fisher's Q1 2014 Portfolio in Review
As of Q1 2014, Ken Fisher held 629 positions worth $44.3B, up 0.5% from $44.1B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Fisher's Q1 2014 filing shows 68 new, 131 increased, 316 reduced and 43 closed positions. Its largest new stake was HEARTLAND PAYMENT SYSTEMS, INC. COM STK: 1,748,920 shares worth $72.5M. The largest sale was iShares MSCI EAFE ETF, an estimated $208M.
By sector, the portfolio is most concentrated in Financials at 20% of assets, up from 20% a quarter earlier, followed by Technology and Healthcare.
- Ken Fisher's largest Q1 2014 buy was HEARTLAND PAYMENT SYSTEMS, INC. COM STK: 1,748,920 shares worth $72.5M.
- Ken Fisher added most to Apple in Q1 2014, an estimated $92.2M increase.
- Ken Fisher's biggest Q1 2014 reduction was iShares MSCI EAFE ETF, cutting an estimated $208M.
- Ken Fisher fully exited TECHNIP ADS (EA REPTG ONE ORD SHS) in Q1 2014, selling an estimated $38.8M.
- Ken Fisher's ten largest holdings make up 23% of its $44.3B portfolio in Q1 2014.
- Ken Fisher opened 68 new positions and closed 43 in Q1 2014.
- Ken Fisher's portfolio value rose 0.5% quarter-over-quarter to $44.3B.
Based on Fisher Asset Management's 13F filing for Q1 2014, filed 22 Apr 2014.