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 |
iShares 7-10 Year Treasury Bond ETF
IEF
|
+$2.87B |
| 2 |
NVIDIA
NVDA
|
+$358M |
| 3 |
Suncor Energy
SU
|
+$287M |
| 4 |
Microsoft
MSFT
|
+$278M |
| 5 |
Apple
AAPL
|
+$200M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$1.8B |
| 2 |
Canadian Natural Resources
CNQ
|
+$205M |
| 3 |
Intuit
INTU
|
+$177M |
| 4 |
Adobe
ADBE
|
+$120M |
| 5 |
GTLS
Chart Industries
GTLS
|
+$95.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.4% |
| 2 | Financials | 18.68% |
| 3 | Industrials | 9.33% |
| 4 | Healthcare | 8.68% |
| 5 | Communication Services | 6.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CADE
226
DELISTED
Cadence Bank
CADE
| $52.7M | 0.02% |
1,402,956
-83,535
| -6% | -$3.01M |
|
227
Lam Research
LRCX
$383B
| $52.6M | 0.02% |
392,792
-56,718
| -13% | -$6.01M |
|
228
ASE Group
ASX
$81.9B
| $52.4M | 0.02% |
4,727,246
+65,178
| +1% | +$682K |
|
229
Macerich
MAC
$6.66B
| $52.3M | 0.02% |
2,875,225
-75,440
| -3% | -$1.31M |
|
230
iShares MSCI United Kingdom ETF
EWU
$4.13B
| $50.5M | 0.02% |
1,202,166
-42,245
| -3% | -$1.73M |
|
231
Vanguard Information Technology ETF
VGT
$147B
| $50.2M | 0.02% |
538,400
+30,424
| +6% | +$2.66M |
|
232
Dick's Sporting Goods
DKS
$17.8B
| $50.1M | 0.02% |
225,576
-9,582
| -4% | -$2.09M |
|
233
Advanced Energy
AEIS
$13B
| $49.3M | 0.02% |
289,525
+15,532
| +6% | +$2.34M |
|
234
Boston Beer
SAM
$1.88B
| $48.9M | 0.02% |
231,467
-615
| -0.3% | -$131K |
|
235
Affiliated Managers Group
AMG
$9.83B
| $48.6M | 0.02% |
203,723
+35,349
| +21% | +$7.79M |
|
236
Zurn Elkay Water Solutions
ZWS
$8.6B
| $48.1M | 0.02% |
1,021,874
+223,168
| +28% | +$9.63M |
|
237
United Bankshares
UBSI
$6.65B
| $47.5M | 0.02% |
1,275,425
+116,647
| +10% | +$4.35M |
|
238
Resideo Technologies
REZI
$3.95B
| $47.1M | 0.02% |
1,090,528
+44,206
| +4% | +$1.38M |
|
239
ICICI Bank
IBN
$109B
| $46.4M | 0.02% |
1,534,872
+762
| +0% | +$24.9K |
|
240
Owens Corning
OC
$11.9B
| $46.3M | 0.02% |
327,583
+3,901
| +1% | +$572K |
|
241
Nutanix
NTNX
$16.3B
| $45.3M | 0.02% |
609,562
+19,781
| +3% | +$1.45M |
|
242
Equinor
EQNR
$93.7B
| $44.5M | 0.02% |
1,827,302
+39,524
| +2% | +$991K |
|
243
Webster Financial
WBS
$12.8B
| $44.1M | 0.02% |
741,584
-53,729
| -7% | -$3.2M |
|
244
Glacier Bancorp
GBCI
$6.32B
| $43.3M | 0.02% |
888,909
-15,270
| -2% | -$716K |
|
245
Delek US
DK
$3.59B
| $43.3M | 0.02% |
1,340,572
-42,727
| -3% | -$1.12M |
|
246
American Eagle Outfitters
AEO
$2.97B
| $42.6M | 0.02% |
2,487,082
-189,225
| -7% | -$2.59M |
|
247
Cytokinetics
CYTK
$11B
| $41.9M | 0.02% |
761,587
+27,907
| +4% | +$1.15M |
|
248
iShares 1-3 Year Treasury Bond ETF
SHY
$25.1B
| $41.6M | 0.02% |
501,417
+131,071
| +35% | +$10.8M |
|
249
Grocery Outlet
GO
$959M
| $41.2M | 0.01% |
2,566,874
-91,307
| -3% | -$1.46M |
|
250
EnerSys
ENS
$6.83B
| $40.5M | 0.01% |
358,764
-23,560
| -6% | -$2.32M |
|
Similar funds
Ken Fisher's Q3 2025 Portfolio in Review
As of Q3 2025, Ken Fisher held 1,094 positions worth $276B, up 9.7% from $252B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Ken Fisher's Q3 2025 filing shows 108 new, 450 increased, 424 reduced and 80 closed positions. Its largest new stake was Sanmina: 166,861 shares worth $19.2M. The largest sale was Vanguard Intermediate-Term Corporate Bond ETF, an estimated $1.8B.
By sector, the portfolio is most concentrated in Technology at 26% of assets, up from 25% a quarter earlier, followed by Financials and Industrials.
- Ken Fisher's largest Q3 2025 buy was Sanmina: 166,861 shares worth $19.2M.
- Ken Fisher added most to iShares 7-10 Year Treasury Bond ETF in Q3 2025, an estimated $2.87B increase.
- Ken Fisher's biggest Q3 2025 reduction was Vanguard Intermediate-Term Corporate Bond ETF, cutting an estimated $1.8B.
- Ken Fisher fully exited WEX in Q3 2025, selling an estimated $14.2M.
- Ken Fisher's ten largest holdings make up 32% of its $276B portfolio in Q3 2025.
- Ken Fisher opened 108 new positions and closed 80 in Q3 2025.
- Ken Fisher's portfolio value rose 9.7% quarter-over-quarter to $276B.
Based on Fisher Asset Management's 13F filing for Q3 2025, filed 12 Nov 2025.