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 MSCI Taiwan ETF
EWT
|
+$145M |
| 2 |
Qorvo
QRVO
|
+$134M |
| 3 |
Infosys
INFY
|
+$71.4M |
| 4 |
TTM
Tata Motors Limited
TTM
|
+$56.4M |
| 5 |
Dr. Reddy's Laboratories
RDY
|
+$56.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TQNT
TRIQUINT SEMICONDUCTOR INC
TQNT
|
+$154M |
| 2 |
Vanguard S&P 500 ETF
VOO
|
+$51.1M |
| 3 |
NETGEAR
NTGR
|
+$39.5M |
| 4 |
FIGY
Barclays ETN+ FI Enhanced Global High Yield ETN
FIGY
|
+$37.1M |
| 5 |
FEEU
Barclays ETN+ FI Enhanced Europe 50 ETN
FEEU
|
+$26.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 20.41% |
| 2 | Healthcare | 14.51% |
| 3 | Technology | 13.39% |
| 4 | Consumer Discretionary | 7.23% |
| 5 | Industrials | 6.9% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
FRC
201
DELISTED
First Republic Bank
FRC
| $23.4M | 0.05% |
409,284
+14,950
| +4% | +$813K |
|
202
Ford
F
$58.5B
| $22.7M | 0.05% |
1,406,661
+360
| +0% | +$5.68K |
|
203
Invesco QQQ Trust
QQQ
$453B
| $22.6M | 0.05% |
213,921
-170,799
| -44% | -$17.9M |
|
|
NTUS
204
DELISTED
Natus Medical Inc
NTUS
| $22.5M | 0.04% |
569,711
-16,019
| -3% | -$591K |
|
205
Landstar System
LSTR
$5.93B
| $21.8M | 0.04% |
+328,545
| New | +$22.3M |
|
206
NETSCOUT
NTCT
$2.96B
| $21.8M | 0.04% |
496,184
+128,200
| +35% | +$4.96M |
|
207
Union Pacific
UNP
$174B
| $21.2M | 0.04% |
195,912
+7,354
| +4% | +$863K |
|
208
Ameriprise Financial
AMP
$48.3B
| $20.6M | 0.04% |
157,248
+7,024
| +5% | +$925K |
|
209
COPT Defense Properties
CDP
$4.3B
| $20.2M | 0.04% |
689,038
-5,300
| -0.8% | -$157K |
|
|
TSS
210
DELISTED
Total System Services, Inc.
TSS
| $20.1M | 0.04% |
526,911
+23,925
| +5% | +$876K |
|
211
CONMED
CNMD
$1.39B
| $19.9M | 0.04% |
393,394
-12,311
| -3% | -$603K |
|
212
Zimmer Biomet
ZBH
$18.2B
| $19.8M | 0.04% |
173,742
+4,697
| +3% | +$536K |
|
213
Equifax
EFX
$20.3B
| $19.6M | 0.04% |
210,947
+26,235
| +14% | +$2.33M |
|
214
Mastercard
MA
$502B
| $19.6M | 0.04% |
226,588
+1,972
| +0.9% | +$171K |
|
215
Invesco S&P 500 Top 50 ETF
XLG
$10.6B
| $19.6M | 0.04% |
1,393,520
+62,750
| +5% | +$890K |
|
216
Omnicell
OMCL
$1.61B
| $19.5M | 0.04% |
554,250
-4,750
| -0.8% | -$157K |
|
217
Kroger
KR
$35.4B
| $19.4M | 0.04% |
506,968
-7,702
| -1% | -$275K |
|
218
State Street Health Care Select Sector SPDR ETF
XLV
$41.9B
| $18.7M | 0.04% |
257,614
+10,259
| +4% | +$732K |
|
|
ETFC
219
DELISTED
E*Trade Financial Corporation
ETFC
| $17.4M | 0.03% |
610,398
+41,157
| +7% | +$1.05M |
|
220
Fidelity National Information Services
FIS
$23.1B
| $16.8M | 0.03% |
247,534
+5,344
| +2% | +$349K |
|
221
3M
MMM
$90.9B
| $16.7M | 0.03% |
121,227
-6,532
| -5% | -$900K |
|
222
Toll Brothers
TOL
$13.6B
| $16.5M | 0.03% |
418,651
+13,205
| +3% | +$483K |
|
223
CVS Health
CVS
$133B
| $16.4M | 0.03% |
158,975
+16,939
| +12% | +$1.71M |
|
224
Littelfuse
LFUS
$11.2B
| $16.1M | 0.03% |
161,990
+92,095
| +132% | +$9M |
|
|
STJ
225
DELISTED
St Jude Medical
STJ
| $16M | 0.03% |
244,337
+1,149
| +0.5% | +$76.4K |
|
Similar funds
Ken Fisher's Q1 2015 Portfolio in Review
As of Q1 2015, Ken Fisher held 664 positions worth $50B, up 3.5% from $48.4B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Ken Fisher's Q1 2015 filing shows 44 new, 219 increased, 244 reduced and 60 closed positions. Its largest new stake was iShares MSCI Taiwan ETF: 4,657,473 shares worth $147M. The largest sale was TRIQUINT SEMICONDUCTOR INC, an estimated $154M.
By sector, the portfolio is most concentrated in Financials at 20% of assets, down from 22% a quarter earlier, followed by Healthcare and Technology.
- Ken Fisher's largest Q1 2015 buy was iShares MSCI Taiwan ETF: 4,657,473 shares worth $147M.
- Ken Fisher added most to Infosys in Q1 2015, an estimated $71.4M increase.
- Ken Fisher's biggest Q1 2015 reduction was Vanguard S&P 500 ETF, cutting an estimated $51.1M.
- Ken Fisher fully exited TRIQUINT SEMICONDUCTOR INC in Q1 2015, selling an estimated $154M.
- Ken Fisher's ten largest holdings make up 22% of its $50B portfolio in Q1 2015.
- Ken Fisher opened 44 new positions and closed 60 in Q1 2015.
- Ken Fisher's portfolio value rose 3.5% quarter-over-quarter to $50B.
Based on Fisher Asset Management's 13F filing for Q1 2015, filed 30 Apr 2015.