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 | |
|---|---|---|---|---|---|---|
326
Prosperity Bancshares
PB
$8.91B
| $19.3M | 0.01% |
353,552
+6,369
| +2% | +$370K |
|
|
BPMC
327
DELISTED
Blueprint Medicines
BPMC
| $19.2M | 0.01% |
381,913
-417,468
| -52% | -$22.3M |
|
|
PXD
328
DELISTED
Pioneer Natural Resource Co.
PXD
| $18.4M | 0.01% |
80,228
-5,502
| -6% | -$1.25M |
|
329
Cavco Industries
CVCO
$4.59B
| $18.4M | 0.01% |
69,157
-193
| -0.3% | -$54.1K |
|
330
Integra LifeSciences
IART
$1.36B
| $18M | 0.01% |
470,407
-95,690
| -17% | -$4.03M |
|
331
Warner Bros
WBD
$66.7B
| $17.9M | 0.01% |
1,652,088
-165,721
| -9% | -$2.07M |
|
332
IPG Photonics
IPGP
$3.75B
| $17.9M | 0.01% |
176,359
+884
| +0.5% | +$99.7K |
|
333
iShares ESG Aware USD Corporate Bond ETF
SUSC
$1.29B
| $17.7M | 0.01% |
815,152
+46,295
| +6% | +$1.03M |
|
334
Baker Hughes
BKR
$61.9B
| $17.4M | 0.01% |
491,475
-2,898
| -0.6% | -$103K |
|
335
Materion
MTRN
$6.12B
| $17.1M | 0.01% |
168,275
+2,737
| +2% | +$299K |
|
336
Piper Sandler
PIPR
$5.29B
| $17.1M | 0.01% |
470,568
-21,704
| -4% | -$784K |
|
337
ProPetro Holding
PUMP
$1.35B
| $16.9M | 0.01% |
1,593,541
+499,825
| +46% | +$4.96M |
|
338
Century Aluminum
CENX
$5.01B
| $16.8M | 0.01% |
2,337,111
-74,488
| -3% | -$600K |
|
339
AeroVironment
AVAV
$8.58B
| $16.8M | 0.01% |
150,396
-9,321
| -6% | -$938K |
|
340
iShares S&P 100 ETF
OEF
$20.5B
| $16.7M | 0.01% |
83,157
-5,241
| -6% | -$1.09M |
|
341
United Parcel Service
UPS
$88.6B
| $16.5M | 0.01% |
105,769
+13,786
| +15% | +$2.38M |
|
342
Merit Medical Systems
MMSI
$5.29B
| $16.4M | 0.01% |
237,212
-8,342
| -3% | -$600K |
|
343
Texas Capital Bancshares
TCBI
$4.32B
| $16.3M | 0.01% |
276,824
-5,418
| -2% | -$328K |
|
344
Global X Robotics & Artificial Intelligence ETF
BOTZ
$3.48B
| $16.3M | 0.01% |
657,678
+483
| +0.1% | +$13K |
|
345
iShares Core MSCI EAFE ETF
IEFA
$196B
| $16M | 0.01% |
248,881
-13,247
| -5% | -$887K |
|
346
Diamondrock Hospitality Co
DRH
$2.59B
| $15.9M | 0.01% |
1,975,427
+72,633
| +4% | +$584K |
|
347
Berkshire Hathaway Class B
BRK.B
$1.12T
| $15.7M | 0.01% |
44,780
+1,711
| +4% | +$607K |
|
348
iShares 20+ Year Treasury Bond ETF
TLT
$41.6B
| $15.3M | 0.01% |
172,444
-2,514
| -1% | -$242K |
|
349
Workday
WDAY
$44.7B
| $15.2M | 0.01% |
70,950
-3,990
| -5% | -$925K |
|
350
Ambev
ABEV
$46.7B
| $15.2M | 0.01% |
5,884,932
-260,530
| -4% | -$753K |
|
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.