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 |
Procter & Gamble
PG
|
+$784M |
| 2 |
PepsiCo
PEP
|
+$635M |
| 3 |
UnitedHealth
UNH
|
+$599M |
| 4 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$376M |
| 5 |
JPMorgan Chase
JPM
|
+$359M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ExxonMobil
XOM
|
+$510M |
| 2 |
HES
Hess
HES
|
+$465M |
| 3 |
Uber
UBER
|
+$413M |
| 4 |
SLB Ltd
SLB
|
+$404M |
| 5 |
PayPal
PYPL
|
+$354M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.64% |
| 2 | Financials | 10.93% |
| 3 | Healthcare | 9.92% |
| 4 | Consumer Discretionary | 9.41% |
| 5 | Industrials | 7.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
Home BancShares
HOMB
$6.18B
| $47.1M | 0.03% |
2,246,976
+751,474
| +50% | +$17.1M |
|
227
Adient
ADNT
$1.45B
| $45.4M | 0.03% |
1,237,247
-4,047
| -0.3% | -$161K |
|
|
228
SLB Ltd
SLB
$76.5B
| $45.2M | 0.03% |
775,466
-6,962,917
| -90% | -$404M |
|
229
Murphy Oil
MUR
$4.74B
| $45M | 0.03% |
+991,976
| New | +$43.2M |
|
230
HEICO Corp
HEI
$50.8B
| $44.9M | 0.03% |
277,105
+14,774
| +6% | +$2.51M |
|
231
United Bankshares
UBSI
$6.65B
| $43.6M | 0.02% |
1,581,353
+711,709
| +82% | +$21.4M |
|
|
CADE
232
DELISTED
Cadence Bank
CADE
| $42.6M | 0.02% |
2,007,569
+564,937
| +39% | +$12.7M |
|
233
MKS Inc
MKSI
$19.7B
| $41.9M | 0.02% |
484,458
-17,522
| -3% | -$1.71M |
|
|
CALY
234
Callaway Golf Company
CALY
$3.1B
| $41.7M | 0.02% |
3,010,090
-68,279
| -2% | -$1.2M |
|
235
KB Financial Group
KB
$42.6B
| $41.5M | 0.02% |
1,008,865
+203
| +0% | +$8.04K |
|
|
AZPN
236
DELISTED
Aspen Technology Inc
AZPN
| $41.4M | 0.02% |
202,778
-4,573
| -2% | -$861K |
|
237
iShares Core MSCI Europe ETF
IEUR
$9.08B
| $41.3M | 0.02% |
832,454
-40,973
| -5% | -$2.13M |
|
238
Macerich
MAC
$6.66B
| $40.6M | 0.02% |
3,717,971
-97,562
| -3% | -$1.16M |
|
239
EnerSys
ENS
$6.83B
| $40M | 0.02% |
423,013
+78,637
| +23% | +$8.06M |
|
240
First American
FAF
$7.67B
| $39.9M | 0.02% |
707,189
-27,377
| -4% | -$1.64M |
|
241
Columbia Banking Systems
COLB
$8.78B
| $39.1M | 0.02% |
1,928,174
+155,167
| +9% | +$3.24M |
|
242
ATI
ATI
$30.5B
| $39.1M | 0.02% |
950,923
-6,249
| -0.7% | -$278K |
|
243
American Eagle Outfitters
AEO
$2.97B
| $39.1M | 0.02% |
2,351,841
+158,301
| +7% | +$2.34M |
|
244
Dana Inc
DAN
$2.94B
| $38.9M | 0.02% |
2,653,323
+135,658
| +5% | +$2.26M |
|
|
ENV
245
DELISTED
ENVESTNET, INC.
ENV
| $38.6M | 0.02% |
877,327
-46,803
| -5% | -$2.57M |
|
246
Eaton
ETN
$174B
| $38.5M | 0.02% |
180,334
-10,509
| -6% | -$2.27M |
|
247
Occidental Petroleum
OXY
$56B
| $38.5M | 0.02% |
592,657
-56,538
| -9% | -$3.56M |
|
248
iShares MBS ETF
MBB
$39B
| $38.3M | 0.02% |
431,463
+17,409
| +4% | +$1.59M |
|
|
MDRX
249
DELISTED
Veradigm Inc. Common Stock
MDRX
| $37.7M | 0.02% |
2,866,143
+39,498
| +1% | +$518K |
|
250
Cisco
CSCO
$476B
| $37.6M | 0.02% |
699,851
-171,700
| -20% | -$9.26M |
|
Similar funds
Ken Fisher's Q3 2023 Portfolio in Review
As of Q3 2023, Ken Fisher held 1,293 positions worth $176B, down 2.5% from $181B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Ken Fisher's Q3 2023 filing shows 130 new, 437 increased, 474 reduced and 125 closed positions. Its largest new stake was Murphy Oil: 991,976 shares worth $45M. The largest sale was ExxonMobil, an estimated $510M.
By sector, the portfolio is most concentrated in Technology at 27% of assets, down from 28% a quarter earlier, followed by Financials and Healthcare.
- Ken Fisher's largest Q3 2023 buy was Murphy Oil: 991,976 shares worth $45M.
- Ken Fisher added most to Procter & Gamble in Q3 2023, an estimated $784M increase.
- Ken Fisher's biggest Q3 2023 reduction was ExxonMobil, cutting an estimated $510M.
- Ken Fisher fully exited PDC Energy, Inc. in Q3 2023, selling an estimated $78.7M.
- Ken Fisher's ten largest holdings make up 27% of its $176B portfolio in Q3 2023.
- Ken Fisher opened 130 new positions and closed 125 in Q3 2023.
- Ken Fisher's portfolio value fell 2.5% quarter-over-quarter to $176B.
Based on Fisher Asset Management's 13F filing for Q3 2023, filed 13 Nov 2023.