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 |
PepsiCo
PEP
|
+$821M |
| 2 |
UnitedHealth
UNH
|
+$757M |
| 3 |
Procter & Gamble
PG
|
+$646M |
| 4 |
ExxonMobil
XOM
|
+$580M |
| 5 |
Broadcom
AVGO
|
+$544M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
XYZ
Block Inc
XYZ
|
+$700M |
| 2 |
SLB Ltd
SLB
|
+$562M |
| 3 |
PayPal
PYPL
|
+$554M |
| 4 |
Target
TGT
|
+$476M |
| 5 |
Uber
UBER
|
+$428M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 27.95% |
| 2 | Financials | 10.94% |
| 3 | Healthcare | 9.68% |
| 4 | Consumer Discretionary | 9.44% |
| 5 | Industrials | 7.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
251
HubSpot
HUBS
$12.6B
| $40M | 0.02% |
75,165
-219,001
| -74% | -$103M |
|
252
Boston Beer
SAM
$1.9B
| $39.8M | 0.02% |
129,147
+939
| +0.7% | +$302K |
|
253
Lyft
LYFT
$6.15B
| $39.7M | 0.02% |
4,140,191
-6,832,692
| -62% | -$65.7M |
|
254
Lumentum
LITE
$66.1B
| $39.4M | 0.02% |
694,711
-13,550
| -2% | -$677K |
|
255
Xylem
XYL
$28.4B
| $39.4M | 0.02% |
349,765
+26,460
| +8% | +$2.8M |
|
256
Range Resources
RRC
$9.04B
| $39.2M | 0.02% |
1,334,086
+11,235
| +0.8% | +$306K |
|
257
iShares MBS ETF
MBB
$39.1B
| $38.6M | 0.02% |
414,054
+1,674
| +0.4% | +$157K |
|
258
Abercrombie & Fitch
ANF
$4.85B
| $38.5M | 0.02% |
1,022,696
-22,018
| -2% | -$628K |
|
259
Eaton
ETN
$174B
| $38.4M | 0.02% |
190,843
-2,883
| -1% | -$507K |
|
260
Occidental Petroleum
OXY
$53.7B
| $38.2M | 0.02% |
649,195
-4,100
| -0.6% | -$246K |
|
261
Shopify
SHOP
$190B
| $38.2M | 0.02% |
590,790
-1,985,655
| -77% | -$112M |
|
262
Nucor
NUE
$62.1B
| $37.8M | 0.02% |
230,269
+3,764
| +2% | +$550K |
|
263
EnerSys
ENS
$7.07B
| $37.4M | 0.02% |
344,376
+4,545
| +1% | +$415K |
|
264
RLJ Lodging Trust
RLJ
$1.89B
| $37.4M | 0.02% |
3,637,738
+65,563
| +2% | +$681K |
|
265
Biogen
BIIB
$30.9B
| $37.1M | 0.02% |
130,317
-2,500
| -2% | -$744K |
|
266
KB Financial Group
KB
$42.5B
| $36.7M | 0.02% |
1,008,662
+151
| +0% | +$5.57K |
|
267
Bio-Rad Laboratories Class A
BIO
$9.13B
| $36.4M | 0.02% |
96,131
+238
| +0.2% | +$96.9K |
|
268
Urban Outfitters
URBN
$6.66B
| $36.3M | 0.02% |
1,096,986
-22,244
| -2% | -$649K |
|
269
Ziff Davis
ZD
$1.94B
| $36.1M | 0.02% |
514,828
+18,153
| +4% | +$1.24M |
|
270
Columbia Banking Systems
COLB
$8.95B
| $36M | 0.02% |
1,773,007
+9,515
| +0.5% | +$201K |
|
271
Honeywell
HON
$78.6B
| $35.9M | 0.02% |
183,613
-4,520
| -2% | -$840K |
|
|
NEX
272
DELISTED
NexTier Oilfield Solutions Inc.
NEX
| $35.8M | 0.02% |
3,999,884
+135,707
| +4% | +$1.12M |
|
|
MDRX
273
DELISTED
Veradigm Inc. Common Stock
MDRX
| $35.6M | 0.02% |
2,826,645
+42,393
| +2% | +$515K |
|
274
Globant
GLOB
$1.64B
| $35.6M | 0.02% |
197,911
-6,074
| -3% | -$997K |
|
275
Intel
INTC
$514B
| $35M | 0.02% |
1,047,677
-40,521
| -4% | -$1.27M |
|
Similar funds
Ken Fisher's Q2 2023 Portfolio in Review
As of Q2 2023, Ken Fisher held 1,244 positions worth $181B, up 9.9% from $165B the previous quarter. Its ten largest holdings account for 28% of the portfolio.
Ken Fisher's Q2 2023 filing shows 109 new, 547 increased, 343 reduced and 81 closed positions. Its largest new stake was CNB Financial Corp: 67,868 shares worth $1.2M. The largest sale was Block Inc, an estimated $700M.
By sector, the portfolio is most concentrated in Technology at 28% of assets, up from 27% a quarter earlier, followed by Financials and Healthcare.
- Ken Fisher's largest Q2 2023 buy was CNB Financial Corp: 67,868 shares worth $1.2M.
- Ken Fisher added most to PepsiCo in Q2 2023, an estimated $821M increase.
- Ken Fisher's biggest Q2 2023 reduction was Block Inc, cutting an estimated $700M.
- Ken Fisher fully exited Mechanics Bancorp in Q2 2023, selling an estimated $1.17M.
- Ken Fisher's ten largest holdings make up 28% of its $181B portfolio in Q2 2023.
- Ken Fisher opened 109 new positions and closed 81 in Q2 2023.
- Ken Fisher's portfolio value rose 9.9% quarter-over-quarter to $181B.
Based on Fisher Asset Management's 13F filing for Q2 2023, filed 8 Aug 2023.