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 | |
|---|---|---|---|---|---|---|
301
Kulicke & Soffa
KLIC
$4.92B
| $13.8M | 0.01% |
433,499
-51
| -0% | -$1.49K |
|
|
FLGE
302
DELISTED
Credit Suisse FI Large Cap Growth Enhanced Exchange Traded Notes
FLGE
| $13.6M | 0.01% |
24,810
-8,179
| -25% | -$4.02M |
|
303
Advanced Energy
AEIS
$13B
| $13.6M | 0.01% |
140,051
-13
| -0% | -$1.11K |
|
304
Moog Inc Class A
MOG.A
$12.7B
| $13.4M | 0.01% |
169,035
-18,825
| -10% | -$1.38M |
|
305
Lowe's Companies
LOW
$125B
| $13.2M | 0.01% |
81,941
+5,537
| +7% | +$899K |
|
|
WNS
306
DELISTED
WNS Holdings
WNS
| $13M | 0.01% |
180,315
-22,619
| -11% | -$1.52M |
|
307
Owens Corning
OC
$12.2B
| $12.9M | 0.01% |
170,772
-3,679
| -2% | -$268K |
|
308
Texas Capital Bancshares
TCBI
$4.32B
| $12.9M | 0.01% |
216,711
-1,524
| -0.7% | -$75.3K |
|
309
EOG Resources
EOG
$70.7B
| $12.9M | 0.01% |
258,083
-23,730
| -8% | -$1.03M |
|
|
B
310
DELISTED
Barnes Group Inc.
B
| $12.8M | 0.01% |
253,097
+75
| +0% | +$3.32K |
|
311
ProPetro Holding
PUMP
$1.36B
| $12.8M | 0.01% |
1,731,578
-4,330
| -0.2% | -$24.1K |
|
|
SWN
312
DELISTED
Southwestern Energy Company
SWN
| $12.6M | 0.01% |
4,213,051
-52,621
| -1% | -$155K |
|
313
iShares Global Healthcare ETF
IXJ
$4.17B
| $12.4M | 0.01% |
162,730
+99,313
| +157% | +$7.31M |
|
314
COPT Defense Properties
CDP
$4.23B
| $12.2M | 0.01% |
466,769
| – | – |
|
315
Curtiss-Wright
CW
$25.6B
| $11.9M | 0.01% |
102,012
-6,139
| -6% | -$648K |
|
316
Global X Robotics & Artificial Intelligence ETF
BOTZ
$3.49B
| $11.2M | 0.01% |
338,695
+12,541
| +4% | +$384K |
|
317
Occidental Petroleum
OXY
$55.8B
| $11.2M | 0.01% |
645,502
-8,158
| -1% | -$112K |
|
318
Bristol-Myers Squibb
BMY
$131B
| $11.1M | 0.01% |
179,141
+3,799
| +2% | +$234K |
|
319
Nucor
NUE
$61.4B
| $10.8M | 0.01% |
203,074
+3,235
| +2% | +$167K |
|
320
United Parcel Service
UPS
$88.7B
| $10.8M | 0.01% |
63,868
+5,999
| +10% | +$1.01M |
|
321
PepsiCo
PEP
$189B
| $10.8M | 0.01% |
72,491
+5,907
| +9% | +$840K |
|
322
ACI Worldwide
ACIW
$5.54B
| $10.7M | 0.01% |
278,000
| – | – |
|
323
Ecopetrol
EC
$34.5B
| $10.6M | 0.01% |
818,566
-70,781
| -8% | -$799K |
|
324
iShares MSCI France ETF
EWQ
$345M
| $10.5M | 0.01% |
317,052
+7,034
| +2% | +$218K |
|
325
NOV
NOV
$7.07B
| $10.1M | 0.01% |
734,487
+3,785
| +0.5% | +$42.8K |
|
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.