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 |
Royal Bank of Canada
RY
|
+$647M |
| 2 |
Sony
SONY
|
+$407M |
| 3 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$394M |
| 4 |
SAP
SAP
|
+$333M |
| 5 |
Canadian Pacific Kansas City
CP
|
+$308M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Oracle
ORCL
|
+$1.41B |
| 2 |
NVIDIA
NVDA
|
+$1.04B |
| 3 |
Salesforce
CRM
|
+$1.02B |
| 4 |
Eli Lilly
LLY
|
+$883M |
| 5 |
JPMorgan Chase
JPM
|
+$764M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.47% |
| 2 | Financials | 18.4% |
| 3 | Industrials | 9.35% |
| 4 | Healthcare | 9.18% |
| 5 | Communication Services | 6.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
Equinor
EQNR
$93.1B
| $44.9M | 0.02% |
1,787,778
+948,609
| +113% | +$22.9M |
|
227
Owens Corning
OC
$11.7B
| $44.5M | 0.02% |
323,682
+47,808
| +17% | +$6.6M |
|
228
Boston Beer
SAM
$1.92B
| $44.3M | 0.02% |
232,082
+3
| +0% | +$691 |
|
229
Brinker International
EAT
$9.36B
| $44M | 0.02% |
243,853
-44,114
| -15% | -$6.92M |
|
230
Tapestry
TPR
$31.5B
| $43.9M | 0.02% |
499,988
+490,237
| +5,028% | +$37.1M |
|
231
Lam Research
LRCX
$398B
| $43.8M | 0.02% |
449,510
-469,613
| -51% | -$37.2M |
|
232
Life Time Group Holdings
LTH
$10B
| $43.5M | 0.02% |
+1,433,345
| New | +$42.5M |
|
233
Webster Financial
WBS
$12.6B
| $43.4M | 0.02% |
795,313
+9,730
| +1% | +$485K |
|
|
CVSA
234
Covista Inc
CVSA
$4.42B
| $42.7M | 0.02% |
+335,605
| New | +$39.7M |
|
235
United Rentals
URI
$71.6B
| $42.3M | 0.02% |
56,209
-405
| -0.7% | -$271K |
|
236
Powell Industries
POWL
$7.7B
| $42.2M | 0.02% |
601,917
+1,176
| +0.2% | +$70.9K |
|
237
United Bankshares
UBSI
$6.76B
| $42.2M | 0.02% |
1,158,778
-72,881
| -6% | -$2.56M |
|
238
Vanguard Information Technology ETF
VGT
$147B
| $42.1M | 0.02% |
507,976
-38,248
| -7% | -$2.78M |
|
239
Sally Beauty Holdings
SBH
$1.58B
| $42.1M | 0.02% |
4,542,904
-240,345
| -5% | -$2.07M |
|
240
Piper Sandler
PIPR
$5.14B
| $41.9M | 0.02% |
602,584
-14,252
| -2% | -$888K |
|
241
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
$10.6B
| $40.4M | 0.02% |
1,336,587
-117,407
| -8% | -$3.52M |
|
242
Vanguard Long-Term Treasury ETF
VGLT
$10.1B
| $39.8M | 0.02% |
708,457
-201,418
| -22% | -$11.2M |
|
243
Medpace
MEDP
$16.1B
| $39.3M | 0.02% |
125,347
-53,245
| -30% | -$16M |
|
244
SLB Ltd
SLB
$75.4B
| $39M | 0.02% |
1,154,986
+10,981
| +1% | +$381K |
|
245
Glacier Bancorp
GBCI
$6.63B
| $39M | 0.02% |
904,179
-58,276
| -6% | -$2.42M |
|
246
Mercury Systems
MRCY
$6.77B
| $38.9M | 0.02% |
721,333
+395
| +0.1% | +$19.2K |
|
247
Biogen
BIIB
$30.8B
| $36.3M | 0.01% |
289,137
-9,893
| -3% | -$1.23M |
|
248
Advanced Energy
AEIS
$13.7B
| $36.3M | 0.01% |
273,993
+122,094
| +80% | +$13.4M |
|
249
WillScot Mobile Mini Holdings
WSC
$4.83B
| $36.1M | 0.01% |
1,316,902
-161,727
| -11% | -$4.31M |
|
250
Aramark
ARMK
$14.8B
| $35.4M | 0.01% |
+846,269
| New | +$31.4M |
|
Similar funds
Ken Fisher's Q2 2025 Portfolio in Review
As of Q2 2025, Ken Fisher held 1,093 positions worth $252B, up 9% from $231B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Ken Fisher's Q2 2025 filing shows 94 new, 337 increased, 522 reduced and 107 closed positions. Its largest new stake was Canadian National Railway: 1,823,800 shares worth $190M. The largest sale was Oracle, an estimated $1.41B.
By sector, the portfolio is most concentrated in Technology at 25% of assets, up from 24% a quarter earlier, followed by Financials and Industrials.
- Ken Fisher's largest Q2 2025 buy was Canadian National Railway: 1,823,800 shares worth $190M.
- Ken Fisher added most to Royal Bank of Canada in Q2 2025, an estimated $647M increase.
- Ken Fisher's biggest Q2 2025 reduction was Oracle, cutting an estimated $1.41B.
- Ken Fisher fully exited Tenable Holdings in Q2 2025, selling an estimated $43.2M.
- Ken Fisher's ten largest holdings make up 31% of its $252B portfolio in Q2 2025.
- Ken Fisher opened 94 new positions and closed 107 in Q2 2025.
- Ken Fisher's portfolio value rose 9% quarter-over-quarter to $252B.
Based on Fisher Asset Management's 13F filing for Q2 2025, filed 13 Aug 2025.