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 | Financials | 17.39% |
| 2 | Technology | 14.47% |
| 3 | Healthcare | 13.22% |
| 4 | Consumer Discretionary | 8.36% |
| 5 | Industrials | 6.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
176
Teledyne Technologies
TDY
$30.1B
| $35.3M | 0.06% |
327,437
+8,000
| +3% | +$844K |
|
|
WDR
177
DELISTED
Waddell & Reed Financial, Inc.
WDR
| $35.2M | 0.06% |
1,939,684
+28,730
| +2% | +$523K |
|
178
Gilead Sciences
GILD
$163B
| $35.2M | 0.06% |
444,529
-1,964
| -0.4% | -$160K |
|
179
Bristol-Myers Squibb
BMY
$132B
| $35.1M | 0.06% |
650,332
+2,225
| +0.3% | +$143K |
|
180
AAR Corp
AIR
$5.56B
| $35M | 0.06% |
1,117,699
+53,836
| +5% | +$1.37M |
|
181
US Bancorp
USB
$98B
| $35M | 0.06% |
815,730
+242,677
| +42% | +$10.3M |
|
182
Regal Rexnord
RRX
$13.5B
| $34.7M | 0.06% |
583,288
+24,784
| +4% | +$1.49M |
|
183
State Street Financial Select Sector SPDR ETF
XLF
$56.8B
| $34.2M | 0.06% |
1,771,482
+181,064
| +11% | +$3.73M |
|
184
Invesco QQQ Trust
QQQ
$450B
| $33.8M | 0.06% |
284,661
+11,670
| +4% | +$1.35M |
|
|
BID
185
DELISTED
Sotheby's
BID
| $32.5M | 0.06% |
855,711
+11,843
| +1% | +$419K |
|
|
SHPG
186
DELISTED
Shire pic
SHPG
| $32.2M | 0.06% |
166,168
+122,076
| +277% | +$23.8M |
|
187
Extra Space Storage
EXR
$31.3B
| $32.2M | 0.06% |
405,524
-46,202
| -10% | -$3.9M |
|
188
Biogen
BIIB
$30.7B
| $31.5M | 0.06% |
100,718
-1,201
| -1% | -$356K |
|
189
Capitol Federal Financial
CFFN
$1.09B
| $31.5M | 0.06% |
2,235,967
-26,324
| -1% | -$372K |
|
190
United Parcel Service
UPS
$89.5B
| $31.3M | 0.06% |
286,489
+5,088
| +2% | +$556K |
|
191
Avista
AVA
$3.39B
| $31.1M | 0.06% |
743,856
-6,833
| -0.9% | -$291K |
|
192
Meta Platforms (Facebook)
META
$1.37T
| $30.5M | 0.05% |
238,099
-665
| -0.3% | -$82.6K |
|
193
Mastercard
MA
$510B
| $30.1M | 0.05% |
295,924
+55,490
| +23% | +$5.32M |
|
|
FRC
194
DELISTED
First Republic Bank
FRC
| $30.1M | 0.05% |
389,837
-14,660
| -4% | -$1.08M |
|
195
Integer Holdings
ITGR
$3.42B
| $30M | 0.05% |
1,384,517
+54,697
| +4% | +$1.4M |
|
196
United Natural Foods
UNFI
$3.01B
| $29.7M | 0.05% |
741,199
+29
| +0% | +$1.33K |
|
197
Darling Ingredients
DAR
$9.69B
| $28.5M | 0.05% |
2,107,937
+12,368
| +0.6% | +$178K |
|
198
Invesco S&P 500 Top 50 ETF
XLG
$10.5B
| $28.2M | 0.05% |
1,846,350
+87,030
| +5% | +$1.33M |
|
199
Helmerich & Payne
HP
$3.37B
| $26.7M | 0.05% |
396,949
-3,595
| -0.9% | -$226K |
|
200
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$66.3B
| $26.3M | 0.05% |
294,143
-8,082
| -3% | -$723K |
|
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 Financials at 17% of assets, up from 17% a quarter earlier, followed by Technology and Healthcare.
- 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.