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 | |
|---|---|---|---|---|---|---|
201
Equifax
EFX
$20.7B
| $23.8M | 0.05% |
213,484
-4,053
| -2% | -$438K |
|
202
Invesco S&P 500 Top 50 ETF
XLG
$10.5B
| $22.8M | 0.04% |
1,574,440
+64,410
| +4% | +$930K |
|
203
Littelfuse
LFUS
$11.2B
| $22.5M | 0.04% |
210,529
+29,989
| +17% | +$3.09M |
|
|
INVX
204
Innovex International
INVX
$1.85B
| $22.3M | 0.04% |
377,097
+141
| +0% | +$8.74K |
|
205
D.R. Horton
DHI
$40.7B
| $22.3M | 0.04% |
696,841
-13,704
| -2% | -$428K |
|
206
Darling Ingredients
DAR
$9.69B
| $22.3M | 0.04% |
2,115,971
-15,602
| -0.7% | -$163K |
|
207
Amgen
AMGN
$209B
| $22.1M | 0.04% |
136,400
+2,768
| +2% | +$435K |
|
208
Autodesk
ADSK
$49.6B
| $22M | 0.04% |
361,708
+40,365
| +13% | +$2.34M |
|
209
Helmerich & Payne
HP
$3.37B
| $21.8M | 0.04% |
406,610
-1,701
| -0.4% | -$94.1K |
|
|
BID
210
DELISTED
Sotheby's
BID
| $21.7M | 0.04% |
843,529
+449
| +0.1% | +$13.6K |
|
|
ETFC
211
DELISTED
E*Trade Financial Corporation
ETFC
| $21.7M | 0.04% |
731,568
+61,946
| +9% | +$1.78M |
|
212
State Street Health Care Select Sector SPDR ETF
XLV
$42.2B
| $21.1M | 0.04% |
293,541
+7,556
| +3% | +$534K |
|
213
Kroger
KR
$35.4B
| $19M | 0.04% |
453,485
-18,078
| -4% | -$701K |
|
214
Polaris
PII
$3.88B
| $19M | 0.04% |
220,514
-3,458
| -2% | -$367K |
|
215
Landstar System
LSTR
$5.75B
| $18.7M | 0.04% |
318,993
+2,073
| +0.7% | +$128K |
|
216
Synopsys
SNPS
$71.3B
| $18.6M | 0.04% |
407,281
-2,763
| -0.7% | -$134K |
|
217
Emergent Biosolutions
EBS
$375M
| $18.3M | 0.04% |
457,742
-892
| -0.2% | -$31.1K |
|
218
Zimmer Biomet
ZBH
$18.4B
| $18.3M | 0.04% |
183,671
-7,661
| -4% | -$750K |
|
219
Genpact
G
$5.99B
| $17.9M | 0.03% |
715,243
-25,552
| -3% | -$632K |
|
220
Amdocs
DOX
$5.87B
| $17.6M | 0.03% |
323,148
-9,360
| -3% | -$537K |
|
221
3M
MMM
$90.8B
| $17.3M | 0.03% |
137,505
+7,081
| +5% | +$910K |
|
222
Omnicell
OMCL
$1.69B
| $17.2M | 0.03% |
554,000
| – | – |
|
223
CONMED
CNMD
$1.41B
| $17M | 0.03% |
386,705
-1,228
| -0.3% | -$53.3K |
|
224
Ford
F
$59.3B
| $16.9M | 0.03% |
1,200,072
+32,238
| +3% | +$467K |
|
225
Ameriprise Financial
AMP
$48.1B
| $16.8M | 0.03% |
158,104
-4,508
| -3% | -$504K |
|
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.