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 | |
|---|---|---|---|---|---|---|
176
Regal Rexnord
RRX
$13.5B
| $32.7M | 0.06% |
558,504
+20,832
| +4% | +$1.25M |
|
|
WDR
177
DELISTED
Waddell & Reed Financial, Inc.
WDR
| $32.6M | 0.06% |
1,910,954
+5,588
| +0.3% | +$114K |
|
178
State Street Financial Select Sector SPDR ETF
XLF
$56.8B
| $32.2M | 0.06% |
1,590,418
+127,633
| +9% | +$2.58M |
|
179
Perrigo
PRGO
$1.43B
| $31.8M | 0.06% |
339,967
+74,025
| +28% | +$7.67M |
|
180
Capitol Federal Financial
CFFN
$1.1B
| $31.7M | 0.06% |
2,262,291
-31,095
| -1% | -$415K |
|
181
Darling Ingredients
DAR
$9.69B
| $31.5M | 0.06% |
2,095,569
-12,326
| -0.6% | -$178K |
|
182
MKS Inc
MKSI
$19.8B
| $31.4M | 0.06% |
699,271
+36,637
| +6% | +$1.42M |
|
183
United Parcel Service
UPS
$89.5B
| $31M | 0.06% |
281,401
-8,370
| -3% | -$871K |
|
|
SWFT
184
DELISTED
Swift Transportation Company
SWFT
| $30.7M | 0.06% |
1,822,200
-1,319
| -0.1% | -$21.7K |
|
185
Invesco QQQ Trust
QQQ
$450B
| $30.3M | 0.06% |
272,991
+24,207
| +10% | +$2.62M |
|
186
Veeco
VECO
$2.95B
| $30.1M | 0.06% |
1,802,418
+95
| +0% | +$1.69K |
|
|
TSS
187
DELISTED
Total System Services, Inc.
TSS
| $28.8M | 0.05% |
530,112
-18,038
| -3% | -$936K |
|
|
FRC
188
DELISTED
First Republic Bank
FRC
| $28.5M | 0.05% |
404,497
-19,046
| -4% | -$1.32M |
|
189
Boeing
BA
$175B
| $28.4M | 0.05% |
215,250
-4,949
| -2% | -$645K |
|
190
Meta Platforms (Facebook)
META
$1.37T
| $28.1M | 0.05% |
238,764
-17,756
| -7% | -$2.05M |
|
|
FBG
191
DELISTED
UBS AG LONDON BRH FISHER ENHANCED BIG CAP GROWTH ETN
FBG
| $28.1M | 0.05% |
448,458
-14,258
| -3% | -$851K |
|
|
ESRX
192
DELISTED
Express Scripts Holding Company
ESRX
| $27.4M | 0.05% |
352,068
-23,556
| -6% | -$1.73M |
|
193
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$66.3B
| $27.1M | 0.05% |
302,225
+12,054
| +4% | +$1.06M |
|
194
Vanguard FTSE Europe ETF
VGK
$30.8B
| $26.6M | 0.05% |
573,538
+53,052
| +10% | +$2.58M |
|
195
Invesco S&P 500 Top 50 ETF
XLG
$10.5B
| $26.5M | 0.05% |
1,759,320
+134,960
| +8% | +$1.98M |
|
196
Helmerich & Payne
HP
$3.37B
| $26.5M | 0.05% |
400,544
-4,237
| -1% | -$262K |
|
|
FIBG
197
DELISTED
CS FI Enhanced Big Cap Growth ETN
FIBG
| $26.5M | 0.05% |
432,934
-22,044
| -5% | -$1.3M |
|
|
ETFC
198
DELISTED
E*Trade Financial Corporation
ETFC
| $26.3M | 0.05% |
1,111,849
+72,046
| +7% | +$1.83M |
|
199
Biogen
BIIB
$30.7B
| $25.7M | 0.05% |
101,919
+11,514
| +13% | +$3.03M |
|
200
Equifax
EFX
$20.7B
| $25.5M | 0.05% |
192,793
-15,576
| -7% | -$1.89M |
|
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.