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 |
BAY
BAYER AG SPONS ADR
BAY
|
+$294M |
| 2 |
Alibaba
BABA
|
+$112M |
| 3 |
Infosys
INFY
|
+$57.7M |
| 4 |
HDFC Bank
HDB
|
+$57.1M |
| 5 |
TTM
Tata Motors Limited
TTM
|
+$49.1M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Royal Bank of Canada
RY
|
+$428M |
| 2 |
BHP
BHP
|
+$107M |
| 3 |
Rio Tinto
RIO
|
+$55.7M |
| 4 |
Qorvo
QRVO
|
+$52.2M |
| 5 |
OUTR
OUTERWALL INC
OUTR
|
+$43.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 20.5% |
| 2 | Healthcare | 14.68% |
| 3 | Technology | 13.07% |
| 4 | Consumer Discretionary | 7.61% |
| 5 | Industrials | 6.7% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
Amgen
AMGN
$209B
| $23.8M | 0.05% |
155,101
-1,522
| -1% | -$244K |
|
|
TSS
202
DELISTED
Total System Services, Inc.
TSS
| $22.9M | 0.04% |
548,261
+21,350
| +4% | +$863K |
|
203
CONMED
CNMD
$1.41B
| $22.8M | 0.04% |
391,394
-2,000
| -0.5% | -$108K |
|
204
Landstar System
LSTR
$5.75B
| $21.7M | 0.04% |
325,045
-3,500
| -1% | -$227K |
|
205
Mastercard
MA
$510B
| $21.7M | 0.04% |
231,722
+5,134
| +2% | +$471K |
|
206
Ford
F
$59.3B
| $21M | 0.04% |
1,399,126
-7,535
| -0.5% | -$117K |
|
207
Omnicell
OMCL
$1.69B
| $20.9M | 0.04% |
554,000
-250
| -0% | -$9.12K |
|
208
Invesco S&P 500 Top 50 ETF
XLG
$10.5B
| $20.6M | 0.04% |
1,453,190
+59,670
| +4% | +$861K |
|
209
Equifax
EFX
$20.7B
| $20.4M | 0.04% |
210,197
-750
| -0.4% | -$73.2K |
|
210
State Street Health Care Select Sector SPDR ETF
XLV
$42.2B
| $20.2M | 0.04% |
271,515
+13,901
| +5% | +$1.03M |
|
211
Ameriprise Financial
AMP
$48.1B
| $19.9M | 0.04% |
159,453
+2,205
| +1% | +$281K |
|
212
Zimmer Biomet
ZBH
$18.4B
| $19.1M | 0.04% |
180,319
+6,577
| +4% | +$728K |
|
|
ETFC
213
DELISTED
E*Trade Financial Corporation
ETFC
| $19M | 0.04% |
635,998
+25,600
| +4% | +$752K |
|
214
D.R. Horton
DHI
$40.7B
| $18.5M | 0.04% |
677,745
+411,190
| +154% | +$11.1M |
|
215
Union Pacific
UNP
$172B
| $18.5M | 0.04% |
193,938
-1,974
| -1% | -$206K |
|
216
Cullen/Frost Bankers
CFR
$10.3B
| $18.4M | 0.04% |
234,173
+3,720
| +2% | +$275K |
|
217
Toll Brothers
TOL
$14B
| $18.3M | 0.04% |
479,746
+61,095
| +15% | +$2.29M |
|
218
NETSCOUT
NTCT
$2.91B
| $18.2M | 0.04% |
496,184
| – | – |
|
|
STJ
219
DELISTED
St Jude Medical
STJ
| $17.9M | 0.03% |
244,647
+310
| +0.1% | +$22.4K |
|
220
Synopsys
SNPS
$71.3B
| $17.8M | 0.03% |
351,800
+45,880
| +15% | +$2.23M |
|
221
Kroger
KR
$35.4B
| $17.4M | 0.03% |
479,248
-27,720
| -5% | -$1.01M |
|
222
Halozyme
HALO
$9.88B
| $16.7M | 0.03% |
740,955
-21,825
| -3% | -$384K |
|
223
Amdocs
DOX
$5.87B
| $16.4M | 0.03% |
300,900
+101,915
| +51% | +$5.6M |
|
224
CVS Health
CVS
$134B
| $16.4M | 0.03% |
156,437
-2,538
| -2% | -$259K |
|
225
COPT Defense Properties
CDP
$4.35B
| $16.2M | 0.03% |
687,888
-1,150
| -0.2% | -$30.6K |
|
Similar funds
Ken Fisher's Q2 2015 Portfolio in Review
As of Q2 2015, Ken Fisher held 665 positions worth $51.4B, up 2.8% from $50B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Ken Fisher's Q2 2015 filing shows 61 new, 277 increased, 210 reduced and 34 closed positions. Its largest new stake was Alibaba: 1,306,608 shares worth $107M. The largest sale was Royal Bank of Canada, an estimated $428M.
By sector, the portfolio is most concentrated in Financials at 21% of assets, up from 20% a quarter earlier, followed by Healthcare and Technology.
- Ken Fisher's largest Q2 2015 buy was Alibaba: 1,306,608 shares worth $107M.
- Ken Fisher added most to BAYER AG SPONS ADR in Q2 2015, an estimated $294M increase.
- Ken Fisher's biggest Q2 2015 reduction was Royal Bank of Canada, cutting an estimated $428M.
- Ken Fisher fully exited OUTERWALL INC in Q2 2015, selling an estimated $43.9M.
- Ken Fisher's ten largest holdings make up 22% of its $51.4B portfolio in Q2 2015.
- Ken Fisher opened 61 new positions and closed 34 in Q2 2015.
- Ken Fisher's portfolio value rose 2.8% quarter-over-quarter to $51.4B.
Based on Fisher Asset Management's 13F filing for Q2 2015, filed 17 Jul 2015.