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 |
Alphabet (Google) Class A
GOOGL
|
+$702M |
| 2 |
CAA
CalAtlantic Group, Inc.
CAA
|
+$90.3M |
| 3 |
America Movil
AMX
|
+$71.3M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$62.1M |
| 5 |
Stratasys
SSYS
|
+$53.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class C
GOOG
|
+$671M |
| 2 |
RYL
RYLAND GROUP INC
RYL
|
+$90.9M |
| 3 |
PMCS
P M C SIERRA INC
PMCS
|
+$76.3M |
| 4 |
BMR
BIOMED REALTY TRUST INC
BMR
|
+$40.1M |
| 5 |
HPY
HEARTLAND PAYMENT SYSTEMS, INC. COM STK
HPY
|
+$38.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.64% |
| 2 | Healthcare | 14.19% |
| 3 | Technology | 13.13% |
| 4 | Consumer Discretionary | 7.98% |
| 5 | Industrials | 6.61% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
176
Perrigo
PRGO
$1.43B
| $31.2M | 0.06% |
215,946
-1,715
| -0.8% | -$264K |
|
177
First American
FAF
$7.71B
| $31M | 0.06% |
864,783
+293,608
| +51% | +$11.2M |
|
178
Cemex
CX
$17.2B
| $30.3M | 0.06% |
5,881,639
-15
| -0% | -$88 |
|
179
State Street Financial Select Sector SPDR ETF
XLF
$56.8B
| $29.9M | 0.06% |
1,430,370
+59,944
| +4% | +$1.26M |
|
|
CELG
180
DELISTED
Celgene Corp
CELG
| $29.4M | 0.06% |
245,460
+896
| +0.4% | +$104K |
|
181
US Bancorp
USB
$98B
| $29.3M | 0.06% |
687,604
+19,040
| +3% | +$814K |
|
182
Capitol Federal Financial
CFFN
$1.09B
| $28.8M | 0.06% |
2,294,143
+48,137
| +2% | +$612K |
|
|
FBG
183
DELISTED
UBS AG LONDON BRH FISHER ENHANCED BIG CAP GROWTH ETN
FBG
| $28.7M | 0.06% |
483,507
-15,528
| -3% | -$919K |
|
|
NTUS
184
DELISTED
Natus Medical Inc
NTUS
| $28.6M | 0.06% |
595,274
-5,867
| -1% | -$272K |
|
185
Teledyne Technologies
TDY
$30.1B
| $28.5M | 0.05% |
321,529
+189
| +0.1% | +$16.8K |
|
186
Plexus
PLXS
$6.47B
| $28.1M | 0.05% |
805,367
+3,706
| +0.5% | +$138K |
|
|
FRC
187
DELISTED
First Republic Bank
FRC
| $27.8M | 0.05% |
420,313
-6,802
| -2% | -$449K |
|
|
TSS
188
DELISTED
Total System Services, Inc.
TSS
| $27.6M | 0.05% |
554,365
-17,620
| -3% | -$919K |
|
|
FIBG
189
DELISTED
CS FI Enhanced Big Cap Growth ETN
FIBG
| $27.4M | 0.05% |
467,226
-15,018
| -3% | -$874K |
|
190
United Natural Foods
UNFI
$3.01B
| $27.3M | 0.05% |
693,333
| – | – |
|
191
AAR Corp
AIR
$5.56B
| $27.3M | 0.05% |
1,037,920
-28
| -0% | -$654 |
|
192
Blackrock
BLK
$170B
| $27.3M | 0.05% |
80,061
+603
| +0.8% | +$205K |
|
193
Avista
AVA
$3.39B
| $26.5M | 0.05% |
750,489
-66,251
| -8% | -$2.27M |
|
194
Oceaneering
OII
$4.74B
| $26.1M | 0.05% |
696,369
-2,134
| -0.3% | -$91.3K |
|
195
Primerica
PRI
$10.1B
| $25.3M | 0.05% |
536,061
-7,105
| -1% | -$347K |
|
196
Vanguard FTSE Europe ETF
VGK
$30.8B
| $25.2M | 0.05% |
504,970
+17,624
| +4% | +$902K |
|
|
SWFT
197
DELISTED
Swift Transportation Company
SWFT
| $25.1M | 0.05% |
1,819,526
+854
| +0% | +$13K |
|
198
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$66.3B
| $25M | 0.05% |
297,286
+68,741
| +30% | +$5.84M |
|
199
MKS Inc
MKSI
$19.8B
| $25M | 0.05% |
693,389
-155
| -0% | -$5.52K |
|
200
Mastercard
MA
$510B
| $24M | 0.05% |
246,502
+11,099
| +5% | +$1.09M |
|
Similar funds
Ken Fisher's Q4 2015 Portfolio in Review
As of Q4 2015, Ken Fisher held 832 positions worth $51.9B, up 8.1% from $48B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Ken Fisher's Q4 2015 filing shows 117 new, 382 increased, 189 reduced and 39 closed positions. Its largest new stake was Alphabet (Google) Class A: 18,980,280 shares worth $738M. The largest sale was Alphabet (Google) Class C, an estimated $671M.
By sector, the portfolio is most concentrated in Financials at 20% of assets, down from 20% a quarter earlier, followed by Healthcare and Technology.
- Ken Fisher's largest Q4 2015 buy was Alphabet (Google) Class A: 18,980,280 shares worth $738M.
- Ken Fisher added most to CalAtlantic Group, Inc. in Q4 2015, an estimated $90.3M increase.
- Ken Fisher's biggest Q4 2015 reduction was Alphabet (Google) Class C, cutting an estimated $671M.
- Ken Fisher fully exited RYLAND GROUP INC in Q4 2015, selling an estimated $90.9M.
- Ken Fisher's ten largest holdings make up 23% of its $51.9B portfolio in Q4 2015.
- Ken Fisher opened 117 new positions and closed 39 in Q4 2015.
- Ken Fisher's portfolio value rose 8.1% quarter-over-quarter to $51.9B.
Based on Fisher Asset Management's 13F filing for Q4 2015, filed 14 Jan 2016.