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 |
Canadian Natural Resources
CNQ
|
+$1.58B |
| 2 |
iShares MBS ETF
MBB
|
+$1.49B |
| 3 |
RTX Corp
RTX
|
+$839M |
| 4 |
Microsoft
MSFT
|
+$566M |
| 5 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$555M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Portfolio Short Term Treasury ETF
SPTS
|
+$1.27B |
| 2 |
Advanced Micro Devices
AMD
|
+$920M |
| 3 |
iShares Expanded Tech-Software Sector ETF
IGV
|
+$682M |
| 4 |
VanEck Semiconductor ETF
SMH
|
+$567M |
| 5 |
Vanguard Information Technology ETF
VGT
|
+$291M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 30.6% |
| 2 | Financials | 11.61% |
| 3 | Healthcare | 9.91% |
| 4 | Consumer Discretionary | 9.26% |
| 5 | Industrials | 7.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CALY
226
Callaway Golf Company
CALY
$3.52B
| $50.1M | 0.02% |
3,273,780
+150,867
| +5% | +$2.36M |
|
|
ENV
227
DELISTED
ENVESTNET, INC.
ENV
| $49.4M | 0.02% |
788,884
+27,206
| +4% | +$1.71M |
|
228
First Trust Dow Jones Internet Index Fund ETF
FDN
$5.43B
| $49.1M | 0.02% |
239,521
-806,240
| -77% | -$162M |
|
229
Nomura Holdings
NMR
$28.5B
| $48.9M | 0.02% |
8,466,489
-11,849
| -0.1% | -$70.2K |
|
230
Brinker International
EAT
$9.36B
| $48M | 0.02% |
662,857
+35,232
| +6% | +$2.1M |
|
231
Medpace
MEDP
$16.1B
| $47.9M | 0.02% |
116,387
-3,574
| -3% | -$1.42M |
|
232
APi Group
APG
$18B
| $47.8M | 0.02% |
1,904,999
-45
| -0% | -$1.13K |
|
233
XP
XP
$8.77B
| $47.7M | 0.02% |
2,711,011
-179,067
| -6% | -$3.7M |
|
234
Macerich
MAC
$7.26B
| $45.8M | 0.02% |
2,964,155
-63,376
| -2% | -$969K |
|
235
SPS Commerce
SPSC
$2.67B
| $44.8M | 0.02% |
238,112
+66,301
| +39% | +$12.1M |
|
236
Delek US
DK
$4.06B
| $44.8M | 0.02% |
1,809,483
-5,415
| -0.3% | -$150K |
|
237
American Eagle Outfitters
AEO
$3.03B
| $44.7M | 0.02% |
2,237,627
+314,440
| +16% | +$7.19M |
|
238
Azenta
AZTA
$1.39B
| $44.1M | 0.02% |
837,655
-16,256
| -2% | -$869K |
|
239
ATI
ATI
$27.3B
| $43.6M | 0.02% |
786,737
-12,399
| -2% | -$695K |
|
240
Wintrust Financial
WTFC
$11B
| $41.9M | 0.02% |
425,276
-1,854
| -0.4% | -$182K |
|
241
Acuity Brands
AYI
$10.4B
| $41.8M | 0.02% |
173,007
+6,909
| +4% | +$1.77M |
|
242
Home BancShares
HOMB
$6.3B
| $41.2M | 0.02% |
1,718,540
+19,661
| +1% | +$467K |
|
243
EnerSys
ENS
$7.06B
| $40.5M | 0.02% |
391,112
+65,729
| +20% | +$6.45M |
|
|
CADE
244
DELISTED
Cadence Bank
CADE
| $39.5M | 0.02% |
1,396,014
-34,235
| -2% | -$963K |
|
245
Range Resources
RRC
$9.28B
| $39.3M | 0.02% |
1,172,620
-20,109
| -2% | -$723K |
|
246
Tenable Holdings
TENB
$3.96B
| $39.2M | 0.02% |
899,319
+214,614
| +31% | +$9.46M |
|
247
Matador Resources
MTDR
$6.06B
| $39.2M | 0.02% |
657,430
+89,582
| +16% | +$5.63M |
|
248
United Bankshares
UBSI
$6.76B
| $39.1M | 0.02% |
1,204,711
+11,354
| +1% | +$375K |
|
249
Yelp
YELP
$1.46B
| $38.9M | 0.02% |
1,052,303
-7,037
| -0.7% | -$270K |
|
250
Boston Beer
SAM
$1.92B
| $38.8M | 0.02% |
127,269
+19,496
| +18% | +$5.58M |
|
Similar funds
Ken Fisher's Q2 2024 Portfolio in Review
As of Q2 2024, Ken Fisher held 1,069 positions worth $230B, up 7.4% from $214B the previous quarter. Its ten largest holdings account for 34% of the portfolio.
Ken Fisher deployed $7.03B of net new capital in Q2 2024, opening 105 new positions and adding to 492 existing holdings. Its largest new stake was ZTO Express: 3,166,868 shares worth $65.7M.
By sector, the portfolio is most concentrated in Technology at 31% of assets, up from 29% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was State Street SPDR Portfolio Short Term Treasury ETF, an estimated $1.27B trimmed.
- Ken Fisher's largest Q2 2024 buy was ZTO Express: 3,166,868 shares worth $65.7M.
- Ken Fisher added most to Canadian Natural Resources in Q2 2024, an estimated $1.58B increase.
- Ken Fisher's biggest Q2 2024 reduction was State Street SPDR Portfolio Short Term Treasury ETF, cutting an estimated $1.27B.
- Ken Fisher fully exited Thor Industries in Q2 2024, selling an estimated $24.5M.
- Ken Fisher's ten largest holdings make up 34% of its $230B portfolio in Q2 2024.
- Ken Fisher opened 105 new positions and closed 83 in Q2 2024.
- Ken Fisher's portfolio value rose 7.4% quarter-over-quarter to $230B.
Based on Fisher Asset Management's 13F filing for Q2 2024, filed 14 Aug 2024.