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 iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$607M |
| 2 |
Vodafone
VOD
|
+$318M |
| 3 |
SI
SIEMENS AKTIENGESELLSCHAFT ADS
SI
|
+$267M |
| 4 |
Alibaba
BABA
|
+$228M |
| 5 |
Itaú Unibanco
ITUB
|
+$137M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
|
+$545M |
| 2 |
GE Aerospace
GE
|
+$284M |
| 3 |
NXP Semiconductors
NXPI
|
+$121M |
| 4 |
MENT
Mentor Graphics Corp
MENT
|
+$63.3M |
| 5 |
Heartland Express
HTLD
|
+$45.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.45% |
| 2 | Technology | 14.38% |
| 3 | Healthcare | 12.14% |
| 4 | Consumer Discretionary | 8.49% |
| 5 | Communication Services | 7.31% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
Progress Software
PRGS
$1.65B
| $26.5M | 0.04% |
912,529
+12,943
| +1% | +$376K |
|
202
CONMED
CNMD
$1.41B
| $26.2M | 0.04% |
589,051
-43,335
| -7% | -$1.86M |
|
|
MNDT
203
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $26M | 0.04% |
+2,060,889
| New | +$24.6M |
|
204
Extra Space Storage
EXR
$31.3B
| $25.6M | 0.04% |
343,667
-23,694
| -6% | -$1.79M |
|
205
BP
BP
$114B
| $25.4M | 0.04% |
843,105
-14,709
| -2% | -$447K |
|
|
SHPG
206
DELISTED
Shire pic
SHPG
| $25.2M | 0.04% |
144,475
-6,799
| -4% | -$1.19M |
|
|
CELG
207
DELISTED
Celgene Corp
CELG
| $25.1M | 0.04% |
201,869
-1,619
| -0.8% | -$194K |
|
208
Helmerich & Payne
HP
$3.37B
| $24.8M | 0.04% |
372,174
-17,809
| -5% | -$1.27M |
|
|
CBD
209
DELISTED
Companhia Brasileira de Distribuicao
CBD
| $24.7M | 0.04% |
1,285,083
| – | – |
|
210
Salesforce
CRM
$148B
| $23.5M | 0.04% |
285,355
+273,428
| +2,293% | +$21.8M |
|
|
NTUS
211
DELISTED
Natus Medical Inc
NTUS
| $23.5M | 0.04% |
597,674
-12,375
| -2% | -$464K |
|
212
Equifax
EFX
$20.7B
| $23.2M | 0.04% |
169,448
-17,670
| -9% | -$2.25M |
|
|
ESRX
213
DELISTED
Express Scripts Holding Company
ESRX
| $22.8M | 0.04% |
346,040
-7,097
| -2% | -$488K |
|
214
Autodesk
ADSK
$49.6B
| $22.7M | 0.04% |
262,046
-24,200
| -8% | -$2.03M |
|
|
TSS
215
DELISTED
Total System Services, Inc.
TSS
| $22.5M | 0.04% |
420,290
-38,749
| -8% | -$2.07M |
|
216
Owens Corning
OC
$11.2B
| $21.5M | 0.03% |
350,958
-34,240
| -9% | -$1.96M |
|
217
Verizon
VZ
$193B
| $21.5M | 0.03% |
441,284
+417,307
| +1,740% | +$20.9M |
|
218
COPT Defense Properties
CDP
$4.35B
| $21.3M | 0.03% |
642,735
-18,609
| -3% | -$607K |
|
|
MINI
219
DELISTED
Mobile Mini Inc
MINI
| $20.8M | 0.03% |
681,917
+54,813
| +9% | +$1.72M |
|
220
Hancock Whitney
HWC
$6.14B
| $20.8M | 0.03% |
456,200
-45,015
| -9% | -$2.06M |
|
221
CVS Health
CVS
$134B
| $20.7M | 0.03% |
263,189
+128,272
| +95% | +$10.2M |
|
222
iShares Global Tech ETF
IXN
$8.34B
| $20.6M | 0.03% |
995,412
+78,456
| +9% | +$1.55M |
|
|
INVX
223
Innovex International
INVX
$1.85B
| $20.6M | 0.03% |
376,956
-3,646
| -1% | -$218K |
|
224
Cooper Companies
COO
$14.2B
| $20.5M | 0.03% |
411,040
-50,372
| -11% | -$2.39M |
|
225
PayPal
PYPL
$49.3B
| $20.2M | 0.03% |
469,322
+172,364
| +58% | +$7.21M |
|
Similar funds
Ken Fisher's Q1 2017 Portfolio in Review
As of Q1 2017, Ken Fisher held 865 positions worth $62.4B, up 8.7% from $57.4B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Ken Fisher's Q1 2017 filing shows 82 new, 252 increased, 334 reduced and 92 closed positions. Its largest new stake was Vodafone: 12,420,913 shares worth $328M. The largest sale was State Street SPDR Portfolio Short Term Corporate Bond ETF, an estimated $545M.
By sector, the portfolio is most concentrated in Financials at 19% of assets, down from 20% a quarter earlier, followed by Technology and Healthcare.
- Ken Fisher's largest Q1 2017 buy was Vodafone: 12,420,913 shares worth $328M.
- Ken Fisher added most to iShares iBoxx $ Investment Grade Corporate Bond ETF in Q1 2017, an estimated $607M increase.
- Ken Fisher's biggest Q1 2017 reduction was State Street SPDR Portfolio Short Term Corporate Bond ETF, cutting an estimated $545M.
- Ken Fisher fully exited NXP Semiconductors in Q1 2017, selling an estimated $121M.
- Ken Fisher's ten largest holdings make up 24% of its $62.4B portfolio in Q1 2017.
- Ken Fisher opened 82 new positions and closed 92 in Q1 2017.
- Ken Fisher's portfolio value rose 8.7% quarter-over-quarter to $62.4B.
Based on Fisher Asset Management's 13F filing for Q1 2017, filed 25 Apr 2017.