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 | |
|---|---|---|---|---|---|---|
301
Amgen
AMGN
$218B
| $17.8M | 0.01% |
79,020
+3,509
| +5% | +$741K |
|
302
Ziff Davis
ZD
$1.89B
| $17.6M | 0.01% |
159,158
-33,608
| -17% | -$3.98M |
|
303
NOV
NOV
$7.14B
| $16.7M | 0.01% |
1,230,832
+2,243
| +0.2% | +$30.8K |
|
304
iShares Core MSCI Europe ETF
IEUR
$9.09B
| $16.6M | 0.01% |
285,588
-8,240
| -3% | -$476K |
|
305
Ambev
ABEV
$46.8B
| $16.3M | 0.01% |
5,833,605
+4,323,974
| +286% | +$12.4M |
|
306
Builders FirstSource
BLDR
$7.86B
| $16.3M | 0.01% |
189,646
-1,108
| -0.6% | -$75.1K |
|
307
iShares Global Healthcare ETF
IXJ
$4.12B
| $16.2M | 0.01% |
179,732
+24,235
| +16% | +$2.09M |
|
308
United Parcel Service
UPS
$88.1B
| $16M | 0.01% |
74,779
+4,533
| +6% | +$922K |
|
309
Cavco Industries
CVCO
$4.48B
| $15.9M | 0.01% |
50,063
-3,166
| -6% | -$882K |
|
310
Cognyte Software
CGNT
$664M
| $15.9M | 0.01% |
1,012,963
-11,557
| -1% | -$233K |
|
311
ResMed
RMD
$32.5B
| $15.8M | 0.01% |
60,776
+5,013
| +9% | +$1.3M |
|
|
NEX
312
DELISTED
NexTier Oilfield Solutions Inc.
NEX
| $15.8M | 0.01% |
4,453,330
+1,509,724
| +51% | +$6.32M |
|
313
Carpenter Technology
CRS
$28.3B
| $15.5M | 0.01% |
531,083
-37,843
| -7% | -$1.18M |
|
314
Berkshire Hathaway Class B
BRK.B
$1.13T
| $15.2M | 0.01% |
50,883
-3,402
| -6% | -$974K |
|
315
iShares ESG Aware USD Corporate Bond ETF
SUSC
$1.29B
| $15.2M | 0.01% |
555,852
+80,364
| +17% | +$2.21M |
|
316
Lantheus
LNTH
$6.6B
| $15.2M | 0.01% |
524,861
+151,826
| +41% | +$4.04M |
|
317
iShares MSCI Sweden ETF
EWD
$593M
| $15.1M | 0.01% |
+326,464
| New | +$15.2M |
|
318
Owens Corning
OC
$12.2B
| $14.9M | 0.01% |
164,537
-3,335
| -2% | -$303K |
|
319
Kaiser Aluminum
KALU
$2.84B
| $14.6M | 0.01% |
155,587
-24,323
| -14% | -$2.46M |
|
320
Advanced Energy
AEIS
$13.1B
| $14.4M | 0.01% |
158,250
+2,012
| +1% | +$179K |
|
321
Idexx Laboratories
IDXX
$46.2B
| $14.4M | 0.01% |
21,874
+1,381
| +7% | +$867K |
|
322
XP
XP
$8.68B
| $14.2M | 0.01% |
+492,906
| New | +$16.1M |
|
323
AeroVironment
AVAV
$8.68B
| $14.1M | 0.01% |
227,805
+23,357
| +11% | +$1.9M |
|
324
General Mills
GIS
$19.2B
| $13.8M | 0.01% |
204,306
+118,434
| +138% | +$7.52M |
|
325
Aptiv
APTV
$9.73B
| $13.6M | 0.01% |
82,414
+58,790
| +249% | +$9.81M |
|
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.