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 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$390M |
| 2 |
Apple
AAPL
|
+$310M |
| 3 |
Amazon
AMZN
|
+$233M |
| 4 |
Microsoft
MSFT
|
+$221M |
| 5 |
TotalEnergies
TTE
|
+$204M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Global Energy ETF
IXC
|
+$384M |
| 2 |
Infosys
INFY
|
+$125M |
| 3 |
iShares Global Tech ETF
IXN
|
+$36.8M |
| 4 |
Equinor
EQNR
|
+$26.2M |
| 5 |
Sanofi
SNY
|
+$20.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.88% |
| 2 | Consumer Discretionary | 12.45% |
| 3 | Financials | 11.9% |
| 4 | Healthcare | 10.14% |
| 5 | Communication Services | 6.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
276
Veeco
VECO
$3.15B
| $18.9M | 0.01% |
1,090,095
-7,071
| -0.6% | -$108K |
|
277
WillScot Mobile Mini Holdings
WSC
$4.67B
| $18.8M | 0.01% |
809,694
+8,010
| +1% | +$162K |
|
278
Ziff Davis
ZD
$1.88B
| $18.7M | 0.01% |
220,654
-17,280
| -7% | -$1.25M |
|
279
UMB Financial
UMBF
$11B
| $18.6M | 0.01% |
269,409
-1,409
| -0.5% | -$90.4K |
|
280
Haemonetics
HAE
$3.87B
| $18.3M | 0.01% |
154,134
-580
| -0.4% | -$62.4K |
|
281
DexCom
DXCM
$31.3B
| $18.1M | 0.01% |
195,648
+108,136
| +124% | +$9.66M |
|
282
AeroVironment
AVAV
$8.66B
| $17.9M | 0.01% |
205,988
-6,345
| -3% | -$509K |
|
|
FRC
283
DELISTED
First Republic Bank
FRC
| $17.6M | 0.01% |
119,960
-8,339
| -6% | -$1.09M |
|
284
D.R. Horton
DHI
$40.8B
| $17.3M | 0.01% |
251,353
-22,837
| -8% | -$1.67M |
|
285
iShares Core MSCI Europe ETF
IEUR
$9.08B
| $17.2M | 0.01% |
335,034
+55,609
| +20% | +$2.67M |
|
286
Diodes
DIOD
$4.55B
| $16.7M | 0.01% |
237,470
-651
| -0.3% | -$42K |
|
287
Merit Medical Systems
MMSI
$5.24B
| $16.7M | 0.01% |
301,500
-28,904
| -9% | -$1.49M |
|
288
Amgen
AMGN
$219B
| $16.6M | 0.01% |
72,415
+730
| +1% | +$168K |
|
289
Viavi Solutions
VIAV
$10B
| $16.3M | 0.01% |
1,085,856
-92,819
| -8% | -$1.23M |
|
|
TPH
290
DELISTED
Tri Pointe Homes
TPH
| $15.9M | 0.01% |
921,068
-13,347
| -1% | -$236K |
|
291
Berkshire Hathaway Class B
BRK.B
$1.13T
| $15.1M | 0.01% |
65,090
-38
| -0.1% | -$8.37K |
|
292
Simpson Manufacturing
SSD
$7.96B
| $14.9M | 0.01% |
159,450
+3
| +0% | +$279 |
|
293
RELX
RELX
$62.4B
| $14.8M | 0.01% |
600,139
+58
| +0% | +$1.33K |
|
294
Marvell Technology
MRVL
$189B
| $14.7M | 0.01% |
308,603
+5,374
| +2% | +$233K |
|
295
Kaiser Aluminum
KALU
$2.8B
| $14.3M | 0.01% |
144,871
+419
| +0.3% | +$32.1K |
|
|
AYX
296
DELISTED
Alteryx Inc
AYX
| $14.3M | 0.01% |
117,461
-2,853
| -2% | -$360K |
|
297
BJ's Restaurants
BJRI
$1.49B
| $14.3M | 0.01% |
371,062
-218
| -0.1% | -$7.43K |
|
298
Carpenter Technology
CRS
$27.7B
| $14.2M | 0.01% |
486,003
+7,012
| +1% | +$162K |
|
|
FBGX
299
DELISTED
UBS AG FI Enhanced Large Cap Growth ETN
FBGX
| $14.1M | 0.01% |
25,565
-10,230
| -29% | -$5.06M |
|
|
PFPT
300
DELISTED
Proofpoint, Inc.
PFPT
| $13.8M | 0.01% |
101,487
-9,385
| -8% | -$1.03M |
|
Similar funds
Ken Fisher's Q4 2020 Portfolio in Review
As of Q4 2020, Ken Fisher held 1,063 positions worth $133B, up 17% from $114B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Ken Fisher deployed $4.92B of net new capital in Q4 2020, opening 123 new positions and adding to 398 existing holdings. Its largest new stake was TAL Education Group: 1,621,948 shares worth $116M.
By sector, the portfolio is most concentrated in Technology at 26% of assets, down from 26% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was iShares Global Energy ETF, an estimated $384M trimmed.
- Ken Fisher's largest Q4 2020 buy was TAL Education Group: 1,621,948 shares worth $116M.
- Ken Fisher added most to Vanguard Intermediate-Term Corporate Bond ETF in Q4 2020, an estimated $390M increase.
- Ken Fisher's biggest Q4 2020 reduction was iShares Global Energy ETF, cutting an estimated $384M.
- Ken Fisher fully exited Waddell & Reed Financial, Inc. in Q4 2020, selling an estimated $19.5M.
- Ken Fisher's ten largest holdings make up 32% of its $133B portfolio in Q4 2020.
- Ken Fisher opened 123 new positions and closed 53 in Q4 2020.
- Ken Fisher's portfolio value rose 17% quarter-over-quarter to $133B.
Based on Fisher Asset Management's 13F filing for Q4 2020, filed 29 Jan 2021.