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 | |
|---|---|---|---|---|---|---|
201
Blackrock
BLK
$170B
| $26.1M | 0.05% |
72,061
+1,740
| +2% | +$633K |
|
202
BP
BP
$114B
| $25.8M | 0.05% |
871,948
-314,976
| -27% | -$9.14M |
|
203
Synopsys
SNPS
$71.3B
| $25.5M | 0.05% |
428,852
+258
| +0.1% | +$14.7K |
|
204
CONMED
CNMD
$1.41B
| $25.4M | 0.05% |
633,349
+191,963
| +43% | +$8.15M |
|
205
Equifax
EFX
$20.7B
| $24.9M | 0.04% |
185,206
-7,587
| -4% | -$1.01M |
|
206
State Street Health Care Select Sector SPDR ETF
XLV
$42.2B
| $24.6M | 0.04% |
341,214
+13,841
| +4% | +$1.02M |
|
207
Progress Software
PRGS
$1.65B
| $24.6M | 0.04% |
903,311
+57,101
| +7% | +$1.63M |
|
|
ESRX
208
DELISTED
Express Scripts Holding Company
ESRX
| $24.5M | 0.04% |
347,357
-4,711
| -1% | -$352K |
|
|
NTUS
209
DELISTED
Natus Medical Inc
NTUS
| $24M | 0.04% |
611,816
+22,018
| +4% | +$878K |
|
210
Vanguard FTSE Europe ETF
VGK
$30.8B
| $24M | 0.04% |
492,810
-80,728
| -14% | -$3.88M |
|
211
UFP Industries
UFPI
$4.87B
| $23.7M | 0.04% |
723,288
+68,826
| +11% | +$2.39M |
|
|
TSS
212
DELISTED
Total System Services, Inc.
TSS
| $22.5M | 0.04% |
476,892
-53,220
| -10% | -$2.67M |
|
213
Landstar System
LSTR
$5.75B
| $21.8M | 0.04% |
319,867
+5,107
| +2% | +$352K |
|
214
iShares 1-3 Year Treasury Bond ETF
SHY
$25.5B
| $21.6M | 0.04% |
253,915
+19,798
| +8% | +$1.68M |
|
215
Autodesk
ADSK
$49.6B
| $21.5M | 0.04% |
296,865
-47,968
| -14% | -$3.02M |
|
|
INVX
216
Innovex International
INVX
$1.85B
| $21.4M | 0.04% |
384,650
+7,324
| +2% | +$408K |
|
|
CBD
217
DELISTED
Companhia Brasileira de Distribuicao
CBD
| $21.1M | 0.04% |
1,285,083
| – | – |
|
|
CELG
218
DELISTED
Celgene Corp
CELG
| $20.9M | 0.04% |
199,770
-4,358
| -2% | -$472K |
|
219
Owens Corning
OC
$11.2B
| $20.7M | 0.04% |
387,142
+12,398
| +3% | +$666K |
|
220
Cooper Companies
COO
$14.2B
| $20.6M | 0.04% |
459,896
+32,240
| +8% | +$1.47M |
|
221
iShares National Muni Bond ETF
MUB
$45.2B
| $20.6M | 0.04% |
182,599
+114,996
| +170% | +$13M |
|
222
Zimmer Biomet
ZBH
$18.4B
| $20M | 0.04% |
158,542
-20,217
| -11% | -$2.5M |
|
|
MINI
223
DELISTED
Mobile Mini Inc
MINI
| $19.9M | 0.04% |
657,904
+43,700
| +7% | +$1.38M |
|
224
Omnicell
OMCL
$1.69B
| $19.8M | 0.04% |
517,464
-18,688
| -3% | -$697K |
|
225
Oceaneering
OII
$4.74B
| $19.2M | 0.03% |
698,733
+8,110
| +1% | +$224K |
|
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.