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 |
Netflix
NFLX
|
+$808M |
| 2 |
Amazon
AMZN
|
+$805M |
| 3 |
DOCU
DocuSign
DOCU
|
+$696M |
| 4 |
Intuit
INTU
|
+$684M |
| 5 |
Meta Platforms (Facebook)
META
|
+$662M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Walmart Inc
WMT
|
+$1.14B |
| 2 |
Walt Disney
DIS
|
+$959M |
| 3 |
Intel
INTC
|
+$891M |
| 4 |
UnitedHealth
UNH
|
+$704M |
| 5 |
Visa
V
|
+$609M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 30.01% |
| 2 | Healthcare | 10.79% |
| 3 | Financials | 10.13% |
| 4 | Consumer Discretionary | 9.89% |
| 5 | Communication Services | 8.19% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
Veracyte
VCYT
$3.71B
| $48.2M | 0.03% |
1,169,618
+212,117
| +22% | +$9.37M |
|
227
Range Resources
RRC
$8.91B
| $47.3M | 0.03% |
2,651,836
+149,040
| +6% | +$3.21M |
|
|
UMPQ
228
DELISTED
Umpqua Holdings Corp
UMPQ
| $47M | 0.03% |
2,441,646
+3,001
| +0.1% | +$60.6K |
|
229
DexCom
DXCM
$31.2B
| $46.1M | 0.03% |
343,428
+127,096
| +59% | +$18.3M |
|
230
Nice
NICE
$5.82B
| $45.6M | 0.03% |
150,332
+189
| +0.1% | +$54.6K |
|
231
Ovintiv
OVV
$16B
| $45M | 0.03% |
+1,336,109
| New | +$47.7M |
|
232
iShares Core US Aggregate Bond ETF
AGG
$138B
| $44.7M | 0.03% |
392,060
+30,055
| +8% | +$3.44M |
|
|
PACW
233
DELISTED
PacWest Bancorp
PACW
| $44.4M | 0.02% |
983,803
-3,639
| -0.4% | -$170K |
|
234
Plexus
PLXS
$7.35B
| $44.4M | 0.02% |
462,609
-28,923
| -6% | -$2.67M |
|
235
CONMED
CNMD
$1.48B
| $44.1M | 0.02% |
311,007
-1,540
| -0.5% | -$218K |
|
236
Omnicell
OMCL
$1.69B
| $44M | 0.02% |
243,813
+4,093
| +2% | +$710K |
|
237
ENI
E
$76.5B
| $43.6M | 0.02% |
1,576,235
+598,297
| +61% | +$16.7M |
|
|
BPMC
238
DELISTED
Blueprint Medicines
BPMC
| $42.9M | 0.02% |
400,273
+84,615
| +27% | +$8.85M |
|
239
Natera
NTRA
$39.3B
| $42.5M | 0.02% |
455,473
+126,257
| +38% | +$13.1M |
|
240
Gerdau
GGB
$10.1B
| $42.2M | 0.02% |
10,798,495
+28,680
| +0.3% | +$109K |
|
241
Prestige Consumer Healthcare
PBH
$2.51B
| $42M | 0.02% |
691,918
-7,769
| -1% | -$461K |
|
242
Webster Financial
WBS
$12.8B
| $41.7M | 0.02% |
747,326
-13,732
| -2% | -$773K |
|
243
Integra LifeSciences
IART
$1.38B
| $40.3M | 0.02% |
602,051
-7,483
| -1% | -$506K |
|
244
Century Aluminum
CENX
$4.64B
| $39.9M | 0.02% |
2,410,791
+72,071
| +3% | +$1.05M |
|
|
MZTI
245
The Marzetti Company
MZTI
$3.05B
| $39.9M | 0.02% |
240,827
-6,126
| -2% | -$1M |
|
|
NUVA
246
DELISTED
NuVasive, Inc.
NUVA
| $39.7M | 0.02% |
755,645
-6,908
| -0.9% | -$375K |
|
247
Honeywell
HON
$78.6B
| $38.9M | 0.02% |
198,040
+39,544
| +25% | +$7.98M |
|
248
ATI
ATI
$28B
| $38.1M | 0.02% |
2,391,431
-43,714
| -2% | -$702K |
|
249
Alcon
ALC
$34.4B
| $38M | 0.02% |
436,711
-35,671
| -8% | -$2.94M |
|
250
Halozyme
HALO
$9.87B
| $37.9M | 0.02% |
942,730
-62,708
| -6% | -$2.34M |
|
Similar funds
Ken Fisher's Q4 2021 Portfolio in Review
As of Q4 2021, Ken Fisher held 1,147 positions worth $179B, up 11% from $161B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Ken Fisher deployed $7.67B of net new capital in Q4 2021, opening 119 new positions and adding to 524 existing holdings. Its largest new stake was DocuSign: 3,052,026 shares worth $465M.
By sector, the portfolio is most concentrated in Technology at 30% of assets, up from 27% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was Walmart Inc, an estimated $1.14B trimmed.
- Ken Fisher's largest Q4 2021 buy was DocuSign: 3,052,026 shares worth $465M.
- Ken Fisher added most to Netflix in Q4 2021, an estimated $808M increase.
- Ken Fisher's biggest Q4 2021 reduction was Walmart Inc, cutting an estimated $1.14B.
- Ken Fisher fully exited Kansas City Southern in Q4 2021, selling an estimated $64.7M.
- Ken Fisher's ten largest holdings make up 32% of its $179B portfolio in Q4 2021.
- Ken Fisher opened 119 new positions and closed 80 in Q4 2021.
- Ken Fisher's portfolio value rose 11% quarter-over-quarter to $179B.
Based on Fisher Asset Management's 13F filing for Q4 2021, filed 2 Feb 2022.