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 |
Royal Bank of Canada
RY
|
+$647M |
| 2 |
Sony
SONY
|
+$407M |
| 3 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$394M |
| 4 |
SAP
SAP
|
+$333M |
| 5 |
Canadian Pacific Kansas City
CP
|
+$308M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Oracle
ORCL
|
+$1.41B |
| 2 |
NVIDIA
NVDA
|
+$1.04B |
| 3 |
Salesforce
CRM
|
+$1.02B |
| 4 |
Eli Lilly
LLY
|
+$883M |
| 5 |
JPMorgan Chase
JPM
|
+$764M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.47% |
| 2 | Financials | 18.4% |
| 3 | Industrials | 9.35% |
| 4 | Healthcare | 9.18% |
| 5 | Communication Services | 6.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
276
Vanguard Short-Term Corporate Bond ETF
VCSH
$44.7B
| $28.4M | 0.01% |
357,860
-53,148
| -13% | -$4.19M |
|
277
First American
FAF
$7.76B
| $28.2M | 0.01% |
458,901
-30,930
| -6% | -$1.84M |
|
|
TMHC
278
DELISTED
Taylor Morrison
TMHC
| $28M | 0.01% |
456,676
-789,299
| -63% | -$45.9M |
|
279
Patterson-UTI
PTEN
$3.83B
| $27.9M | 0.01% |
4,709,615
-592,527
| -11% | -$3.57M |
|
280
Helmerich & Payne
HP
$3.45B
| $26.7M | 0.01% |
1,760,541
-91,008
| -5% | -$1.67M |
|
281
Ferrovial N.V. Ordinary Shares
FER
$48B
| $26.6M | 0.01% |
501,230
+117,351
| +31% | +$5.72M |
|
282
Murphy Oil
MUR
$5.5B
| $26.6M | 0.01% |
1,180,428
-24,297
| -2% | -$542K |
|
283
Baker Hughes
BKR
$61.3B
| $26.2M | 0.01% |
683,408
-74,296
| -10% | -$2.8M |
|
284
Tetra Tech
TTEK
$8.97B
| $26.1M | 0.01% |
725,624
-139,413
| -16% | -$4.64M |
|
285
Texas Capital Bancshares
TCBI
$4.41B
| $25.9M | 0.01% |
326,286
-13,430
| -4% | -$963K |
|
286
American Eagle Outfitters
AEO
$3.03B
| $25.7M | 0.01% |
2,676,307
-74,998
| -3% | -$805K |
|
287
UFP Industries
UFPI
$5.24B
| $25.5M | 0.01% |
256,710
-87,141
| -25% | -$8.79M |
|
288
APA Corp
APA
$12.7B
| $25.2M | 0.01% |
1,377,656
-70,594
| -5% | -$1.22M |
|
289
Boot Barn
BOOT
$4.94B
| $25.2M | 0.01% |
165,494
+162,106
| +4,785% | +$21.5M |
|
290
DexCom
DXCM
$32.8B
| $25M | 0.01% |
286,620
-113,251
| -28% | -$8.88M |
|
291
BioCryst Pharmaceuticals
BCRX
$2.29B
| $24.9M | 0.01% |
2,782,489
-269,648
| -9% | -$2.51M |
|
292
Edwards Lifesciences
EW
$51.6B
| $24.7M | 0.01% |
316,392
-9,784,074
| -97% | -$730M |
|
293
Banner Corp
BANR
$2.44B
| $24.5M | 0.01% |
382,478
-14,141
| -4% | -$875K |
|
294
Prestige Consumer Healthcare
PBH
$2.46B
| $24.4M | 0.01% |
305,626
-22,434
| -7% | -$1.88M |
|
295
Cytokinetics
CYTK
$10.7B
| $24.2M | 0.01% |
733,680
-59,778
| -8% | -$2.08M |
|
296
Medtronic
MDT
$110B
| $23.9M | 0.01% |
274,066
-638,446
| -70% | -$54.1M |
|
297
iShares ESG Aware USD Corporate Bond ETF
SUSC
$1.3B
| $23.7M | 0.01% |
1,018,357
+31,308
| +3% | +$714K |
|
298
Levi Strauss
LEVI
$9.43B
| $23.5M | 0.01% |
1,272,867
+697,214
| +121% | +$11.6M |
|
299
Independence Realty Trust
IRT
$4.02B
| $23.2M | 0.01% |
1,313,926
-569,745
| -30% | -$10.7M |
|
300
Resideo Technologies
REZI
$3.96B
| $23.1M | 0.01% |
1,046,322
+392,773
| +60% | +$7.49M |
|
Similar funds
Ken Fisher's Q2 2025 Portfolio in Review
As of Q2 2025, Ken Fisher held 1,093 positions worth $252B, up 9% from $231B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Ken Fisher's Q2 2025 filing shows 94 new, 337 increased, 522 reduced and 107 closed positions. Its largest new stake was Canadian National Railway: 1,823,800 shares worth $190M. The largest sale was Oracle, an estimated $1.41B.
By sector, the portfolio is most concentrated in Technology at 25% of assets, up from 24% a quarter earlier, followed by Financials and Industrials.
- Ken Fisher's largest Q2 2025 buy was Canadian National Railway: 1,823,800 shares worth $190M.
- Ken Fisher added most to Royal Bank of Canada in Q2 2025, an estimated $647M increase.
- Ken Fisher's biggest Q2 2025 reduction was Oracle, cutting an estimated $1.41B.
- Ken Fisher fully exited Tenable Holdings in Q2 2025, selling an estimated $43.2M.
- Ken Fisher's ten largest holdings make up 31% of its $252B portfolio in Q2 2025.
- Ken Fisher opened 94 new positions and closed 107 in Q2 2025.
- Ken Fisher's portfolio value rose 9% quarter-over-quarter to $252B.
Based on Fisher Asset Management's 13F filing for Q2 2025, filed 13 Aug 2025.