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 | |
|---|---|---|---|---|---|---|
251
Charles River Laboratories
CRL
$12.7B
| $37M | 0.02% |
188,700
-13,667
| -7% | -$2.81M |
|
252
UMB Financial
UMBF
$11B
| $36.8M | 0.02% |
593,768
+253,402
| +74% | +$16.5M |
|
253
RLJ Lodging Trust
RLJ
$1.75B
| $35.7M | 0.02% |
3,647,674
+9,936
| +0.3% | +$99.2K |
|
254
Glacier Bancorp
GBCI
$6.33B
| $35.6M | 0.02% |
1,250,472
+547,303
| +78% | +$16.9M |
|
255
Diageo
DEO
$53.7B
| $35.1M | 0.02% |
235,474
-293
| -0.1% | -$49.1K |
|
256
Webster Financial
WBS
$12.9B
| $35.1M | 0.02% |
869,809
-14,993
| -2% | -$638K |
|
257
APi Group
APG
$18.1B
| $34.7M | 0.02% |
2,009,342
+761,085
| +61% | +$14M |
|
258
Matador Resources
MTDR
$6.01B
| $34.5M | 0.02% |
+579,640
| New | +$33.8M |
|
259
Bio-Rad Laboratories Class A
BIO
$9.3B
| $34M | 0.02% |
94,908
-1,223
| -1% | -$472K |
|
260
HubSpot
HUBS
$10.6B
| $33.8M | 0.02% |
68,568
-6,597
| -9% | -$3.45M |
|
261
Independence Realty Trust
IRT
$4.04B
| $33.5M | 0.02% |
2,379,156
+120,010
| +5% | +$1.98M |
|
262
Texas Instruments
TXN
$259B
| $33.1M | 0.02% |
208,353
-25,840
| -11% | -$4.41M |
|
|
UCB
263
United Community Banks
UCB
$4.3B
| $33.1M | 0.02% |
1,301,324
+220,195
| +20% | +$5.97M |
|
264
Ziff Davis
ZD
$2.13B
| $32.4M | 0.02% |
508,591
-6,237
| -1% | -$428K |
|
265
Shopify
SHOP
$196B
| $32.1M | 0.02% |
587,545
-3,245
| -0.5% | -$197K |
|
266
Xylem
XYL
$28.5B
| $32M | 0.02% |
351,456
+1,691
| +0.5% | +$174K |
|
267
Align Technology
ALGN
$12.1B
| $31.1M | 0.02% |
101,768
-434,236
| -81% | -$150M |
|
268
Semtech
SMTC
$12.9B
| $31M | 0.02% |
1,201,975
-49,711
| -4% | -$1.31M |
|
269
CONMED
CNMD
$1.5B
| $30.6M | 0.02% |
303,296
-13,739
| -4% | -$1.58M |
|
270
Lumentum
LITE
$68.3B
| $30.4M | 0.02% |
672,991
-21,720
| -3% | -$1.1M |
|
271
Honeywell
HON
$77.3B
| $30.3M | 0.02% |
174,286
-9,327
| -5% | -$1.71M |
|
272
Carpenter Technology
CRS
$27.3B
| $30.3M | 0.02% |
451,368
-16,931
| -4% | -$1.03M |
|
273
Acuity Brands
AYI
$10.8B
| $29.8M | 0.02% |
175,070
+17,260
| +11% | +$2.82M |
|
274
Medpace
MEDP
$16.5B
| $29.8M | 0.02% |
123,106
+1,865
| +2% | +$477K |
|
275
Biogen
BIIB
$30.3B
| $29.2M | 0.02% |
113,799
-16,518
| -13% | -$4.42M |
|
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.