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 |
Netflix
NFLX
|
+$808M |
| 2 |
Amazon
AMZN
|
+$805M |
| 3 |
DOCU
DocuSign
DOCU
|
+$696M |
| 4 |
Intuit
INTU
|
+$684M |
| 5 |
Meta Platforms (Facebook)
META
|
+$662M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Walmart Inc
WMT
|
+$1.14B |
| 2 |
Walt Disney
DIS
|
+$959M |
| 3 |
Intel
INTC
|
+$891M |
| 4 |
UnitedHealth
UNH
|
+$704M |
| 5 |
Visa
V
|
+$609M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 30.01% |
| 2 | Healthcare | 10.79% |
| 3 | Financials | 10.13% |
| 4 | Consumer Discretionary | 9.89% |
| 5 | Communication Services | 8.19% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CADE
276
DELISTED
Cadence Bank
CADE
| $23.8M | 0.01% |
799,549
-6,421
| -0.8% | -$194K |
|
|
TPH
277
DELISTED
Tri Pointe Homes
TPH
| $23.6M | 0.01% |
846,275
-3,468
| -0.4% | -$87.2K |
|
|
NVTA
278
DELISTED
Invitae Corporation
NVTA
| $23.4M | 0.01% |
1,532,994
+699,048
| +84% | +$15.1M |
|
279
Teradyne
TER
$60.2B
| $23.4M | 0.01% |
143,009
-19,111
| -12% | -$2.69M |
|
|
GTHX
280
DELISTED
G1 Therapeutics, Inc. Common Stock
GTHX
| $23.2M | 0.01% |
2,268,074
+529,863
| +30% | +$6.75M |
|
|
MNDT
281
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $22.1M | 0.01% |
1,259,809
-9,425
| -0.7% | -$166K |
|
282
Canadian Pacific Kansas City
CP
$79.5B
| $21.7M | 0.01% |
301,464
+297,834
| +8,205% | +$21.8M |
|
283
Emergent Biosolutions
EBS
$265M
| $21.7M | 0.01% |
498,245
-30,591
| -6% | -$1.38M |
|
|
SWAV
284
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
| $21.5M | 0.01% |
120,690
+5,771
| +5% | +$1.14M |
|
285
Delek US
DK
$3.65B
| $21M | 0.01% |
1,402,800
+333,357
| +31% | +$5.9M |
|
286
Freshpet
FRPT
$3.29B
| $20.9M | 0.01% |
219,597
+242
| +0.1% | +$30K |
|
287
Occidental Petroleum
OXY
$56B
| $20M | 0.01% |
689,511
+40,357
| +6% | +$1.27M |
|
288
Merit Medical Systems
MMSI
$5.24B
| $19.9M | 0.01% |
319,609
+5,352
| +2% | +$359K |
|
289
Piper Sandler
PIPR
$5.1B
| $19.6M | 0.01% |
440,104
-3,224
| -0.7% | -$137K |
|
290
Simpson Manufacturing
SSD
$7.97B
| $19.5M | 0.01% |
139,917
-1,049
| -0.7% | -$127K |
|
|
PXD
291
DELISTED
Pioneer Natural Resource Co.
PXD
| $19.3M | 0.01% |
106,278
+11,854
| +13% | +$2.18M |
|
|
ARNC
292
DELISTED
Arconic Corporation
ARNC
| $19.3M | 0.01% |
583,539
+21,073
| +4% | +$652K |
|
293
Oceaneering
OII
$4.94B
| $19.2M | 0.01% |
1,697,708
-25,220
| -1% | -$327K |
|
294
Alarm.com
ALRM
$2.77B
| $19.1M | 0.01% |
224,863
+44,125
| +24% | +$3.61M |
|
295
Diamondback Energy
FANG
$53B
| $19M | 0.01% |
176,595
+9,224
| +6% | +$1,000K |
|
296
Core Laboratories
CLB
$518M
| $18.7M | 0.01% |
837,079
+240,721
| +40% | +$6.28M |
|
297
Viavi Solutions
VIAV
$10B
| $18.6M | 0.01% |
1,055,480
-66,477
| -6% | -$1.05M |
|
|
X
298
DELISTED
US Steel
X
| $18.6M | 0.01% |
780,111
+29,660
| +4% | +$699K |
|
299
Prosperity Bancshares
PB
$8.9B
| $18.2M | 0.01% |
251,136
-2,747
| -1% | -$203K |
|
|
ZEN
300
DELISTED
ZENDESK INC
ZEN
| $18M | 0.01% |
173,030
-7,094
| -4% | -$760K |
|
Similar funds
Ken Fisher's Q4 2021 Portfolio in Review
As of Q4 2021, Ken Fisher held 1,147 positions worth $179B, up 11% from $161B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Ken Fisher deployed $7.67B of net new capital in Q4 2021, opening 119 new positions and adding to 524 existing holdings. Its largest new stake was DocuSign: 3,052,026 shares worth $465M.
By sector, the portfolio is most concentrated in Technology at 30% of assets, up from 27% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was Walmart Inc, an estimated $1.14B trimmed.
- Ken Fisher's largest Q4 2021 buy was DocuSign: 3,052,026 shares worth $465M.
- Ken Fisher added most to Netflix in Q4 2021, an estimated $808M increase.
- Ken Fisher's biggest Q4 2021 reduction was Walmart Inc, cutting an estimated $1.14B.
- Ken Fisher fully exited Kansas City Southern in Q4 2021, selling an estimated $64.7M.
- Ken Fisher's ten largest holdings make up 32% of its $179B portfolio in Q4 2021.
- Ken Fisher opened 119 new positions and closed 80 in Q4 2021.
- Ken Fisher's portfolio value rose 11% quarter-over-quarter to $179B.
Based on Fisher Asset Management's 13F filing for Q4 2021, filed 2 Feb 2022.