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 |
iShares 7-10 Year Treasury Bond ETF
IEF
|
+$2.87B |
| 2 |
NVIDIA
NVDA
|
+$358M |
| 3 |
Suncor Energy
SU
|
+$287M |
| 4 |
Microsoft
MSFT
|
+$278M |
| 5 |
Apple
AAPL
|
+$200M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$1.8B |
| 2 |
Canadian Natural Resources
CNQ
|
+$205M |
| 3 |
Intuit
INTU
|
+$177M |
| 4 |
Adobe
ADBE
|
+$120M |
| 5 |
GTLS
Chart Industries
GTLS
|
+$95.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.4% |
| 2 | Financials | 18.68% |
| 3 | Industrials | 9.33% |
| 4 | Healthcare | 8.68% |
| 5 | Communication Services | 6.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
276
Ferrovial N.V. Ordinary Shares
FER
$47.9B
| $31.5M | 0.01% |
543,416
+42,186
| +8% | +$2.27M |
|
277
First Trust Dow Jones Internet Index Fund ETF
FDN
$5.45B
| $31.4M | 0.01% |
112,309
-4,923
| -4% | -$1.35M |
|
278
Nike
NKE
$62.2B
| $31.3M | 0.01% |
449,391
-43,255
| -9% | -$3.22M |
|
279
Honeywell
HON
$78B
| $31.1M | 0.01% |
156,779
+118
| +0.1% | +$24.7K |
|
280
Capri Holdings
CPRI
$1.73B
| $30.8M | 0.01% |
1,547,997
+569,227
| +58% | +$11.4M |
|
281
Brinker International
EAT
$9.69B
| $30.7M | 0.01% |
242,113
-1,740
| -0.7% | -$272K |
|
282
Matador Resources
MTDR
$6.15B
| $30.5M | 0.01% |
678,521
+1,478
| +0.2% | +$72.2K |
|
283
Halozyme
HALO
$12B
| $30.1M | 0.01% |
410,892
+29,147
| +8% | +$1.94M |
|
284
WillScot Mobile Mini Holdings
WSC
$4.58B
| $29.3M | 0.01% |
1,385,845
+68,943
| +5% | +$1.78M |
|
285
Range Resources
RRC
$9.03B
| $29.2M | 0.01% |
777,074
-47,332
| -6% | -$1.69M |
|
286
Levi Strauss
LEVI
$9.38B
| $28.7M | 0.01% |
1,229,813
-43,054
| -3% | -$915K |
|
287
Century Aluminum
CENX
$5.1B
| $28.4M | 0.01% |
966,575
-97,010
| -9% | -$2.2M |
|
288
First American
FAF
$7.63B
| $27.1M | 0.01% |
422,075
-36,826
| -8% | -$2.32M |
|
289
Texas Capital Bancshares
TCBI
$4.33B
| $26.7M | 0.01% |
315,746
-10,540
| -3% | -$901K |
|
290
Viridian Therapeutics
VRDN
$2.61B
| $25.9M | 0.01% |
1,201,226
+691,267
| +136% | +$12.5M |
|
291
Cheesecake Factory
CAKE
$5.33B
| $25.6M | 0.01% |
469,225
+120,719
| +35% | +$7.39M |
|
292
Banner Corp
BANR
$2.41B
| $25.6M | 0.01% |
391,251
+8,773
| +2% | +$577K |
|
293
Sumitomo Mitsui Financial
SMFG
$163B
| $25.5M | 0.01% |
1,524,435
+167,242
| +12% | +$2.68M |
|
294
Veracyte
VCYT
$3.76B
| $25.2M | 0.01% |
733,036
-22,280
| -3% | -$639K |
|
295
HUB Group
HUBG
$2.93B
| $25M | 0.01% |
725,270
-885,191
| -55% | -$31.6M |
|
296
First Horizon
FHN
$12.1B
| $24.6M | 0.01% |
1,087,499
+189,145
| +21% | +$4.2M |
|
297
Vanguard Short-Term Corporate Bond ETF
VCSH
$44.7B
| $24.4M | 0.01% |
305,431
-52,429
| -15% | -$4.17M |
|
298
Zscaler
ZS
$27.2B
| $24.4M | 0.01% |
81,299
+16,662
| +26% | +$4.75M |
|
299
Bankunited
BKU
$3.38B
| $24.3M | 0.01% |
636,025
+60,147
| +10% | +$2.28M |
|
300
Simpson Manufacturing
SSD
$8.08B
| $24.1M | 0.01% |
143,661
+7,656
| +6% | +$1.37M |
|
Similar funds
Ken Fisher's Q3 2025 Portfolio in Review
As of Q3 2025, Ken Fisher held 1,094 positions worth $276B, up 9.7% from $252B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Ken Fisher's Q3 2025 filing shows 108 new, 450 increased, 424 reduced and 80 closed positions. Its largest new stake was Sanmina: 166,861 shares worth $19.2M. The largest sale was Vanguard Intermediate-Term Corporate Bond ETF, an estimated $1.8B.
By sector, the portfolio is most concentrated in Technology at 26% of assets, up from 25% a quarter earlier, followed by Financials and Industrials.
- Ken Fisher's largest Q3 2025 buy was Sanmina: 166,861 shares worth $19.2M.
- Ken Fisher added most to iShares 7-10 Year Treasury Bond ETF in Q3 2025, an estimated $2.87B increase.
- Ken Fisher's biggest Q3 2025 reduction was Vanguard Intermediate-Term Corporate Bond ETF, cutting an estimated $1.8B.
- Ken Fisher fully exited WEX in Q3 2025, selling an estimated $14.2M.
- Ken Fisher's ten largest holdings make up 32% of its $276B portfolio in Q3 2025.
- Ken Fisher opened 108 new positions and closed 80 in Q3 2025.
- Ken Fisher's portfolio value rose 9.7% quarter-over-quarter to $276B.
Based on Fisher Asset Management's 13F filing for Q3 2025, filed 12 Nov 2025.