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 |
Procter & Gamble
PG
|
+$784M |
| 2 |
PepsiCo
PEP
|
+$635M |
| 3 |
UnitedHealth
UNH
|
+$599M |
| 4 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$376M |
| 5 |
JPMorgan Chase
JPM
|
+$359M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ExxonMobil
XOM
|
+$510M |
| 2 |
HES
Hess
HES
|
+$465M |
| 3 |
Uber
UBER
|
+$413M |
| 4 |
SLB Ltd
SLB
|
+$404M |
| 5 |
PayPal
PYPL
|
+$354M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.64% |
| 2 | Financials | 10.93% |
| 3 | Healthcare | 9.92% |
| 4 | Consumer Discretionary | 9.41% |
| 5 | Industrials | 7.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
301
Nucor
NUE
$61.7B
| $23.1M | 0.01% |
147,629
-82,640
| -36% | -$13.7M |
|
|
TPH
302
DELISTED
Tri Pointe Homes
TPH
| $23M | 0.01% |
841,452
+1,960
| +0.2% | +$60.1K |
|
303
Brinker International
EAT
$9.65B
| $22.7M | 0.01% |
717,885
-44,553
| -6% | -$1.56M |
|
304
BioCryst Pharmaceuticals
BCRX
$2.39B
| $22.6M | 0.01% |
3,185,199
-1,139,354
| -26% | -$8.19M |
|
305
Veracyte
VCYT
$3.79B
| $22.5M | 0.01% |
1,005,429
-995,806
| -50% | -$25.6M |
|
306
Alcon
ALC
$34.6B
| $22.4M | 0.01% |
290,515
-46,022
| -14% | -$3.78M |
|
307
ICICI Bank
IBN
$108B
| $22.3M | 0.01% |
964,053
+671,058
| +229% | +$15.8M |
|
308
Flowserve
FLS
$10.2B
| $22.2M | 0.01% |
558,329
+58
| +0% | +$2.24K |
|
309
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.55B
| $22.2M | 0.01% |
527,612
-26,033
| -5% | -$1.16M |
|
310
Park Hotels & Resorts
PK
$2.89B
| $21.8M | 0.01% |
1,769,898
-84,780
| -5% | -$1.1M |
|
311
Prologis
PLD
$133B
| $21.7M | 0.01% |
193,101
-17,716
| -8% | -$2.17M |
|
312
Owens Corning
OC
$12.2B
| $21.4M | 0.01% |
156,538
-7,625
| -5% | -$1.05M |
|
313
Toll Brothers
TOL
$14.3B
| $21.2M | 0.01% |
286,615
+1,085
| +0.4% | +$85.7K |
|
314
Prestige Consumer Healthcare
PBH
$2.6B
| $21M | 0.01% |
367,418
-5,280
| -1% | -$319K |
|
315
SITE Centers
SITC
$166M
| $20.9M | 0.01% |
2,175,632
-63,480
| -3% | -$669K |
|
316
Diamondback Energy
FANG
$52.5B
| $20.7M | 0.01% |
133,938
-4,242
| -3% | -$626K |
|
317
Amgen
AMGN
$219B
| $20.3M | 0.01% |
75,704
-8,123
| -10% | -$2.03M |
|
318
Emerson Electric
EMR
$88.7B
| $20.3M | 0.01% |
210,303
-38,031
| -15% | -$3.62M |
|
319
Sunstone Hotel Investors
SHO
$2.1B
| $20.2M | 0.01% |
2,164,367
-52,611
| -2% | -$497K |
|
320
Agios Pharmaceuticals
AGIO
$1.89B
| $20.2M | 0.01% |
817,419
-53,680
| -6% | -$1.42M |
|
321
Thor Industries
THO
$4.13B
| $20.1M | 0.01% |
211,469
+4,418
| +2% | +$462K |
|
322
Shake Shack
SHAK
$2.85B
| $20.1M | 0.01% |
345,330
+48,122
| +16% | +$3.42M |
|
323
Sociedad Química y Minera de Chile
SQM
$20.5B
| $20M | 0.01% |
335,489
-3
| -0% | -$202 |
|
324
United Rentals
URI
$72.7B
| $19.8M | 0.01% |
44,428
+10,566
| +31% | +$4.84M |
|
325
Steven Madden
SHOO
$3.56B
| $19.5M | 0.01% |
612,243
+5,606
| +0.9% | +$187K |
|
Similar funds
Ken Fisher's Q3 2023 Portfolio in Review
As of Q3 2023, Ken Fisher held 1,293 positions worth $176B, down 2.5% from $181B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Ken Fisher's Q3 2023 filing shows 130 new, 437 increased, 474 reduced and 125 closed positions. Its largest new stake was Murphy Oil: 991,976 shares worth $45M. The largest sale was ExxonMobil, an estimated $510M.
By sector, the portfolio is most concentrated in Technology at 27% of assets, down from 28% a quarter earlier, followed by Financials and Healthcare.
- Ken Fisher's largest Q3 2023 buy was Murphy Oil: 991,976 shares worth $45M.
- Ken Fisher added most to Procter & Gamble in Q3 2023, an estimated $784M increase.
- Ken Fisher's biggest Q3 2023 reduction was ExxonMobil, cutting an estimated $510M.
- Ken Fisher fully exited PDC Energy, Inc. in Q3 2023, selling an estimated $78.7M.
- Ken Fisher's ten largest holdings make up 27% of its $176B portfolio in Q3 2023.
- Ken Fisher opened 130 new positions and closed 125 in Q3 2023.
- Ken Fisher's portfolio value fell 2.5% quarter-over-quarter to $176B.
Based on Fisher Asset Management's 13F filing for Q3 2023, filed 13 Nov 2023.