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 |
Citigroup
C
|
+$1.16B |
| 2 |
State Street SPDR Portfolio Short Term Treasury ETF
SPTS
|
+$973M |
| 3 |
Boeing
BA
|
+$825M |
| 4 |
Booking.com
BKNG
|
+$807M |
| 5 |
Las Vegas Sands
LVS
|
+$507M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.2B |
| 2 |
Microsoft
MSFT
|
+$1.06B |
| 3 |
Amazon
AMZN
|
+$1.01B |
| 4 |
Netflix
NFLX
|
+$835M |
| 5 |
Meta Platforms (Facebook)
META
|
+$745M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.64% |
| 2 | Financials | 11.65% |
| 3 | Consumer Discretionary | 9.35% |
| 4 | Healthcare | 9.23% |
| 5 | Industrials | 8.15% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
326
Sunstone Hotel Investors
SHO
$2.06B
| $21.5M | 0.01% |
2,169,631
-81,841
| -4% | -$830K |
|
327
ScottsMiracle-Gro
SMG
$3.66B
| $21.5M | 0.01% |
308,785
-424,593
| -58% | -$30.5M |
|
|
TPH
328
DELISTED
Tri Pointe Homes
TPH
| $21.5M | 0.01% |
848,314
-42,034
| -5% | -$952K |
|
329
Lantheus
LNTH
$6.59B
| $21.4M | 0.01% |
258,848
-96,765
| -27% | -$6.24M |
|
330
Prosperity Bancshares
PB
$8.86B
| $21.4M | 0.01% |
344,016
-16,438
| -5% | -$1.17M |
|
331
SITE Centers
SITC
$165M
| $21.2M | 0.01% |
2,190,289
-88,056
| -4% | -$894K |
|
332
Idexx Laboratories
IDXX
$46.2B
| $21.1M | 0.01% |
42,104
-742
| -2% | -$355K |
|
333
Carpenter Technology
CRS
$28.4B
| $21M | 0.01% |
468,299
-120,607
| -20% | -$5.49M |
|
334
Diodes
DIOD
$4.84B
| $20.5M | 0.01% |
220,840
-65,448
| -23% | -$5.86M |
|
335
State Street SPDR S&P Capital Markets ETF
KCE
$466M
| $20.3M | 0.01% |
244,125
-2,099
| -0.9% | -$180K |
|
336
The Greenbrier Companies
GBX
$1.46B
| $20.2M | 0.01% |
626,582
-6,359
| -1% | -$192K |
|
337
Diamondback Energy
FANG
$52.7B
| $19.8M | 0.01% |
146,426
-4,889
| -3% | -$681K |
|
338
iShares 20+ Year Treasury Bond ETF
TLT
$41.7B
| $19.7M | 0.01% |
185,658
-110,590
| -37% | -$11.6M |
|
339
iShares Core MSCI EAFE ETF
IEFA
$196B
| $19.7M | 0.01% |
294,472
-20,836
| -7% | -$1.37M |
|
340
Agios Pharmaceuticals
AGIO
$1.93B
| $19.5M | 0.01% |
850,432
-26,521
| -3% | -$704K |
|
341
Fulton Financial
FULT
$4.64B
| $19.5M | 0.01% |
+1,394,607
| New | +$22.6M |
|
342
Flowserve
FLS
$10.2B
| $19.4M | 0.01% |
567,590
+128,091
| +29% | +$4.29M |
|
343
Amgen
AMGN
$222B
| $19.4M | 0.01% |
80,053
+716
| +0.9% | +$176K |
|
344
UMB Financial
UMBF
$11.1B
| $19.2M | 0.01% |
331,309
-9,506
| -3% | -$773K |
|
345
Veeco
VECO
$3.23B
| $18.9M | 0.01% |
894,654
-22,852
| -2% | -$470K |
|
346
Merit Medical Systems
MMSI
$5.32B
| $18.7M | 0.01% |
252,362
-13,301
| -5% | -$933K |
|
347
iShares S&P 100 ETF
OEF
$20.6B
| $18.2M | 0.01% |
97,123
-61,033
| -39% | -$11M |
|
348
Thor Industries
THO
$4.14B
| $18.1M | 0.01% |
227,245
-3,888
| -2% | -$343K |
|
349
Piper Sandler
PIPR
$5.29B
| $17.9M | 0.01% |
516,588
-29,260
| -5% | -$1.04M |
|
|
PXD
350
DELISTED
Pioneer Natural Resource Co.
PXD
| $17.9M | 0.01% |
87,405
-2,157
| -2% | -$464K |
|
Similar funds
Ken Fisher's Q1 2023 Portfolio in Review
As of Q1 2023, Ken Fisher held 1,208 positions worth $165B, up 11% from $148B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Ken Fisher's Q1 2023 filing shows 183 new, 335 increased, 567 reduced and 73 closed positions. Its largest new stake was State Street SPDR Portfolio Short Term Treasury ETF: 33,536,153 shares worth $980M. The largest sale was Apple, an estimated $1.2B.
By sector, the portfolio is most concentrated in Technology at 27% of assets, up from 25% a quarter earlier, followed by Financials and Consumer Discretionary.
- Ken Fisher's largest Q1 2023 buy was State Street SPDR Portfolio Short Term Treasury ETF: 33,536,153 shares worth $980M.
- Ken Fisher added most to Citigroup in Q1 2023, an estimated $1.16B increase.
- Ken Fisher's biggest Q1 2023 reduction was Apple, cutting an estimated $1.2B.
- Ken Fisher fully exited SVB Financial Group in Q1 2023, selling an estimated $114M.
- Ken Fisher's ten largest holdings make up 26% of its $165B portfolio in Q1 2023.
- Ken Fisher opened 183 new positions and closed 73 in Q1 2023.
- Ken Fisher's portfolio value rose 11% quarter-over-quarter to $165B.
Based on Fisher Asset Management's 13F filing for Q1 2023, filed 1 May 2023.