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
|
+$821M |
| 2 |
State Street SPDR Portfolio Long Term Treasury ETF
SPTL
|
+$568M |
| 3 |
Advanced Micro Devices
AMD
|
+$428M |
| 4 |
XYZ
Block Inc
XYZ
|
+$419M |
| 5 |
VanEck Semiconductor ETF
SMH
|
+$333M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$683M |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$488M |
| 3 |
Marvell Technology
MRVL
|
+$420M |
| 4 |
iShares Expanded Tech-Software Sector ETF
IGV
|
+$375M |
| 5 |
PayPal
PYPL
|
+$326M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.02% |
| 2 | Financials | 12.11% |
| 3 | Healthcare | 10.27% |
| 4 | Consumer Discretionary | 8.74% |
| 5 | Industrials | 6.96% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
301
Brinker International
EAT
$9.75B
| $25.1M | 0.02% |
786,293
+64,701
| +9% | +$2.03M |
|
302
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.51B
| $24.9M | 0.02% |
643,264
-22,703
| -3% | -$830K |
|
303
Halozyme
HALO
$10.2B
| $24.8M | 0.02% |
435,917
-253,083
| -37% | -$13M |
|
304
Canadian Pacific Kansas City
CP
$79.3B
| $24.8M | 0.02% |
331,984
+9,842
| +3% | +$740K |
|
305
Agios Pharmaceuticals
AGIO
$1.91B
| $24.6M | 0.02% |
876,953
+37,563
| +4% | +$1.06M |
|
306
Alcon
ALC
$33.9B
| $24.4M | 0.02% |
355,299
-24,940
| -7% | -$1.59M |
|
307
SITE Centers
SITC
$164M
| $24.3M | 0.02% |
+2,278,345
| New | +$22.4M |
|
308
West Pharmaceutical
WST
$24.5B
| $23.6M | 0.02% |
100,401
-62,784
| -38% | -$14.9M |
|
309
D.R. Horton
DHI
$40.8B
| $23.2M | 0.02% |
259,756
-169,277
| -39% | -$13.6M |
|
|
SPR
310
DELISTED
Spirit AeroSystems
SPR
| $22.6M | 0.02% |
762,521
+683,095
| +860% | +$17.7M |
|
311
Paylocity
PCTY
$8.04B
| $22.5M | 0.02% |
115,886
-1,574
| -1% | -$338K |
|
312
Abercrombie & Fitch
ANF
$4.91B
| $22.3M | 0.02% |
973,675
+933,244
| +2,308% | +$18.4M |
|
313
Urban Edge Properties
UE
$2.71B
| $22.3M | 0.02% |
+1,582,570
| New | +$22.7M |
|
314
Urban Outfitters
URBN
$6.65B
| $22.2M | 0.02% |
930,286
+526,735
| +131% | +$13.1M |
|
315
National Vision
EYE
$1.8B
| $22.1M | 0.01% |
569,711
+530,822
| +1,365% | +$19.9M |
|
316
Diodes
DIOD
$4.55B
| $21.8M | 0.01% |
286,288
+7,410
| +3% | +$580K |
|
317
Carpenter Technology
CRS
$27.7B
| $21.8M | 0.01% |
588,906
-48,738
| -8% | -$1.86M |
|
318
Sunstone Hotel Investors
SHO
$2.1B
| $21.7M | 0.01% |
+2,251,472
| New | +$23.3M |
|
|
TSE
319
DELISTED
Trinseo
TSE
| $21.4M | 0.01% |
+940,163
| New | +$20.7M |
|
320
Park Hotels & Resorts
PK
$2.89B
| $21.3M | 0.01% |
1,804,736
+1,361,181
| +307% | +$16.6M |
|
321
The Greenbrier Companies
GBX
$1.48B
| $21.2M | 0.01% |
+632,941
| New | +$21.1M |
|
322
American Eagle Outfitters
AEO
$2.97B
| $20.9M | 0.01% |
+1,500,313
| New | +$19.2M |
|
323
Amgen
AMGN
$219B
| $20.8M | 0.01% |
79,337
+1,657
| +2% | +$444K |
|
324
Diamondback Energy
FANG
$53.1B
| $20.7M | 0.01% |
151,315
-39,054
| -21% | -$5.71M |
|
|
PXD
325
DELISTED
Pioneer Natural Resource Co.
PXD
| $20.5M | 0.01% |
89,562
-8,046
| -8% | -$1.96M |
|
Similar funds
Ken Fisher's Q4 2022 Portfolio in Review
As of Q4 2022, Ken Fisher held 1,228 positions worth $148B, up 11% from $133B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Ken Fisher's Q4 2022 filing shows 150 new, 438 increased, 394 reduced and 203 closed positions. Its largest new stake was Macerich: 4,023,537 shares worth $45.3M. The largest sale was iShares iBoxx $ Investment Grade Corporate Bond ETF, an estimated $683M.
By sector, the portfolio is most concentrated in Technology at 25% of assets, down from 26% a quarter earlier, followed by Financials and Healthcare.
- Ken Fisher's largest Q4 2022 buy was Macerich: 4,023,537 shares worth $45.3M.
- Ken Fisher added most to Vanguard Intermediate-Term Corporate Bond ETF in Q4 2022, an estimated $821M increase.
- Ken Fisher's biggest Q4 2022 reduction was iShares iBoxx $ Investment Grade Corporate Bond ETF, cutting an estimated $683M.
- Ken Fisher fully exited Fair Isaac in Q4 2022, selling an estimated $35.3M.
- Ken Fisher's ten largest holdings make up 26% of its $148B portfolio in Q4 2022.
- Ken Fisher opened 150 new positions and closed 203 in Q4 2022.
- Ken Fisher's portfolio value rose 11% quarter-over-quarter to $148B.
Based on Fisher Asset Management's 13F filing for Q4 2022, filed 3 Feb 2023.