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 |
ExxonMobil
XOM
|
+$1.18B |
| 2 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$340M |
| 3 |
Coca-Cola
KO
|
+$280M |
| 4 |
NVIDIA
NVDA
|
+$274M |
| 5 |
iShares US Pharmaceuticals ETF
IHE
|
+$209M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
SI
SIEMENS AKTIENGESELLSCHAFT ADS
SI
|
+$828M |
| 2 |
ABB
ABB Ltd
ABB
|
+$679M |
| 3 |
NextEra Energy
NEE
|
+$553M |
| 4 |
iShares Expanded Tech-Software Sector ETF
IGV
|
+$231M |
| 5 |
PepsiCo
PEP
|
+$224M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 30% |
| 2 | Financials | 12.45% |
| 3 | Consumer Discretionary | 10.07% |
| 4 | Healthcare | 9.87% |
| 5 | Industrials | 7.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
BPMC
276
DELISTED
Blueprint Medicines
BPMC
| $30.1M | 0.02% |
326,664
-55,249
| -14% | -$3.58M |
|
277
Canadian Pacific Kansas City
CP
$79.3B
| $30M | 0.02% |
379,356
+24,818
| +7% | +$1.82M |
|
278
Fulton Financial
FULT
$4.67B
| $29.8M | 0.02% |
1,812,679
-495,205
| -21% | -$6.95M |
|
279
Carpenter Technology
CRS
$27.7B
| $29M | 0.02% |
409,586
-41,782
| -9% | -$2.81M |
|
280
Brinker International
EAT
$9.75B
| $28.7M | 0.02% |
665,735
-52,150
| -7% | -$1.87M |
|
281
Domino's
DPZ
$11.9B
| $28.7M | 0.02% |
69,649
-2,654
| -4% | -$995K |
|
282
WillScot Mobile Mini Holdings
WSC
$4.67B
| $28.6M | 0.02% |
641,806
+11,345
| +2% | +$459K |
|
|
TPH
283
DELISTED
Tri Pointe Homes
TPH
| $28.3M | 0.02% |
800,420
-41,032
| -5% | -$1.19M |
|
284
Nice
NICE
$5.69B
| $28.2M | 0.01% |
141,252
+351
| +0.2% | +$63.1K |
|
285
Align Technology
ALGN
$12B
| $27.9M | 0.01% |
101,864
+96
| +0.1% | +$22.8K |
|
286
Toll Brothers
TOL
$14.1B
| $26.8M | 0.01% |
260,924
-25,691
| -9% | -$2.14M |
|
287
Nucor
NUE
$61.9B
| $26.7M | 0.01% |
153,521
+5,892
| +4% | +$934K |
|
288
Prologis
PLD
$132B
| $26.3M | 0.01% |
197,557
+4,456
| +2% | +$506K |
|
289
Autoliv
ALV
$8.83B
| $26.1M | 0.01% |
237,066
-23,230
| -9% | -$2.31M |
|
290
Bio-Rad Laboratories Class A
BIO
$9.16B
| $26M | 0.01% |
80,664
-14,244
| -15% | -$4.46M |
|
291
Avient
AVNT
$3.91B
| $25.9M | 0.01% |
623,442
-143,392
| -19% | -$5M |
|
292
Aptiv
APTV
$9.61B
| $25.7M | 0.01% |
286,644
+5,860
| +2% | +$505K |
|
293
Century Aluminum
CENX
$4.55B
| $25.6M | 0.01% |
2,110,876
-226,235
| -10% | -$1.77M |
|
294
PayPal
PYPL
$51.1B
| $25.5M | 0.01% |
416,027
-41,580
| -9% | -$2.38M |
|
|
VRNT
295
DELISTED
Verint Systems
VRNT
| $25.5M | 0.01% |
943,467
-153,892
| -14% | -$3.57M |
|
296
Shake Shack
SHAK
$2.84B
| $25.3M | 0.01% |
341,112
-4,218
| -1% | -$259K |
|
297
Steven Madden
SHOO
$3.53B
| $25.2M | 0.01% |
600,742
-11,501
| -2% | -$418K |
|
298
Kulicke & Soffa
KLIC
$4.74B
| $25.2M | 0.01% |
460,106
-88,034
| -16% | -$4.28M |
|
|
TGI
299
DELISTED
Triumph Group
TGI
| $24.8M | 0.01% |
1,496,482
-50,935
| -3% | -$516K |
|
300
LXP Industrial Trust
LXP
$3.57B
| $24.4M | 0.01% |
490,939
-132,196
| -21% | -$5.77M |
|
Similar funds
Ken Fisher's Q4 2023 Portfolio in Review
As of Q4 2023, Ken Fisher held 1,269 positions worth $189B, up 7.3% from $176B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Ken Fisher withdrew a net $8.48B in Q4 2023, closing 288 positions and reducing 487 holdings. Its most notable exit was SIEMENS AKTIENGESELLSCHAFT ADS, an estimated $828M position sold in full.
By sector, the portfolio is most concentrated in Technology at 30% of assets, up from 27% a quarter earlier, followed by Financials and Consumer Discretionary.
Against the trend, Ken Fisher opened a new position in Veralto worth $93.6M.
- Ken Fisher's largest Q4 2023 buy was Veralto: 1,137,890 shares worth $93.6M.
- Ken Fisher added most to ExxonMobil in Q4 2023, an estimated $1.18B increase.
- Ken Fisher's biggest Q4 2023 reduction was NextEra Energy, cutting an estimated $553M.
- Ken Fisher fully exited SIEMENS AKTIENGESELLSCHAFT ADS in Q4 2023, selling an estimated $828M.
- Ken Fisher's ten largest holdings make up 31% of its $189B portfolio in Q4 2023.
- Ken Fisher opened 101 new positions and closed 288 in Q4 2023.
- Ken Fisher's portfolio value rose 7.3% quarter-over-quarter to $189B.
Based on Fisher Asset Management's 13F filing for Q4 2023, filed 6 Feb 2024.