5 Stocks that Billionaire Ken Fisher Added to His Portfolio in Q1

#3 NXP Semiconductors NV (NASDAQ:NXPI)

 – Shares Owned by Fisher Asset Management (as of March 31): 567,600

 – Value of Holding (as of March 31): $47.89 Million

Although trading nearly sideways this year, NXP Semiconductors NV (NASDAQ:NXPI)’s shares are down by over 16% during the last 12 months. The manufacturer of chips used in areas including automotive and mobile payments is set to benefit from its recent acquisition of Freescale Semiconductor, which extends NXP’s footprint in the automotive sector. On the other hand, the extension of suppressed iPhone production in the second quarter hasn’t been good news for the company, which lead to Raymond James recently downgrading it to ‘Outperform’ from ‘Strong Buy’. Eric W. Mandelblatt‘s Soroban Capital Partners hiked its NXP Semiconductors NV (NASDAQ:NXPI) holding by 4% during the October-to-December period, to 5.24 million shares.

#2 JD.Com Inc (ADR) (NASDAQ:JD)

 – Shares Owned by Fisher Asset Management (as of March 31): 567,600

 – Value of Holding (as of March 31): $47.89 Million

China’s second-largest online retailer has seen its stock slide by more than 10% on a year-to-date basis. The company recently announced the merger of its O2O business, JD Daojia, with Dada Nexus Limited, a crowd sourcing delivery platform. JD.Com Inc (ADR) (NASDAQ:JD) owns a 47.4% stake in the new company in exchange for resource support and $200 million in cash. Moreover, the word on the street says that the e-commerce giant is also set to offer $1.5 billion worth of bonds. Hillhouse Capital Management, which is led by Chinese billionaire Lei Zhang, held about 122.61 million shares of JD.Com Inc (ADR) (NASDAQ:JD) at the end of last year.

#1 CalAtlantic Group Inc (NYSE:CAA)

 – Shares Owned by Fisher Asset Management (as of March 31): 2.23 Million

 – Value of Holding (as of March 31): $78.54 Million

Shares of the builder of single-family attached and detached homes have fallen by about 8.9% so far this year, but Mr. Fisher seems to be positive that a change in fortune for one of the largest homebuilders in the U.S is forthcoming. CalAtlantic Group Inc (NYSE:CAA) has experienced strong revenue growth over the past year, though EPS has actually declined during that time, which may be cause for concern for investors. Nonetheless, shares have trended up since February 19, when the company released its fourth quarter and 2015 full-year financial results, gaining just under 31%. Given that, it’s possible Mr. Fisher has already made a tidy profit off of the investment, depending on when exactly during the first quarter he purchased the shares. Ken Griffin’s Citadel Investment Group owned about 4.19 million shares of CalAtlantic Group Inc (NYSE:CAA) at the end of the fourth quarter.

Disclosure: None