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 |
ExxonMobil
XOM
|
+$1.18B |
| 2 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$340M |
| 3 |
Coca-Cola
KO
|
+$280M |
| 4 |
NVIDIA
NVDA
|
+$274M |
| 5 |
iShares US Pharmaceuticals ETF
IHE
|
+$209M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
SI
SIEMENS AKTIENGESELLSCHAFT ADS
SI
|
+$828M |
| 2 |
ABB
ABB Ltd
ABB
|
+$679M |
| 3 |
NextEra Energy
NEE
|
+$553M |
| 4 |
iShares Expanded Tech-Software Sector ETF
IGV
|
+$231M |
| 5 |
PepsiCo
PEP
|
+$224M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 30% |
| 2 | Financials | 12.45% |
| 3 | Consumer Discretionary | 10.07% |
| 4 | Healthcare | 9.87% |
| 5 | Industrials | 7.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
326
PVH
PVH
$3.99B
| $20.2M | 0.01% |
165,720
-7,913
| -5% | -$708K |
|
|
DVAX
327
DELISTED
Dynavax Technologies
DVAX
| $19.4M | 0.01% |
1,390,428
-271,594
| -16% | -$3.77M |
|
328
iShares ESG Aware USD Corporate Bond ETF
SUSC
$1.29B
| $19.4M | 0.01% |
833,367
+18,215
| +2% | +$403K |
|
329
IDEAYA Biosciences
IDYA
$3.49B
| $19.2M | 0.01% |
539,676
+508,151
| +1,612% | +$15.2M |
|
330
Prestige Consumer Healthcare
PBH
$2.58B
| $19.1M | 0.01% |
312,703
-54,715
| -15% | -$3.25M |
|
331
IPG Photonics
IPGP
$3.69B
| $19.1M | 0.01% |
176,095
-264
| -0.1% | -$25.6K |
|
332
Owens Corning
OC
$11.9B
| $18.8M | 0.01% |
126,931
-29,607
| -19% | -$3.92M |
|
333
Freshpet
FRPT
$3.21B
| $18.8M | 0.01% |
216,155
+4,385
| +2% | +$300K |
|
334
Helix Energy Solutions
HLX
$1.45B
| $18.5M | 0.01% |
1,801,419
-443,064
| -20% | -$4.4M |
|
|
PXD
335
DELISTED
Pioneer Natural Resource Co.
PXD
| $18.1M | 0.01% |
80,391
+163
| +0.2% | +$38.2K |
|
336
Diamondrock Hospitality Co
DRH
$2.59B
| $18M | 0.01% |
1,918,644
-56,783
| -3% | -$476K |
|
337
SITE Centers
SITC
$164M
| $18M | 0.01% |
1,693,158
-482,474
| -22% | -$4.81M |
|
338
Piper Sandler
PIPR
$5.26B
| $17.9M | 0.01% |
409,880
-60,688
| -13% | -$2.31M |
|
339
AeroVironment
AVAV
$8.66B
| $17.9M | 0.01% |
141,961
-8,435
| -6% | -$1.03M |
|
340
Prosperity Bancshares
PB
$8.88B
| $17.8M | 0.01% |
263,267
-90,285
| -26% | -$5.28M |
|
341
First Merchants
FRME
$2.69B
| $17.7M | 0.01% |
478,054
-9,444
| -2% | -$293K |
|
342
Sunstone Hotel Investors
SHO
$2.1B
| $17.7M | 0.01% |
1,647,346
-517,021
| -24% | -$5.1M |
|
343
iShares S&P 100 ETF
OEF
$20.5B
| $17.4M | 0.01% |
77,832
-5,325
| -6% | -$1.12M |
|
344
Baker Hughes
BKR
$62.3B
| $17.3M | 0.01% |
507,379
+15,904
| +3% | +$542K |
|
345
Integra LifeSciences
IART
$1.33B
| $17.3M | 0.01% |
397,792
-72,615
| -15% | -$2.86M |
|
346
BioCryst Pharmaceuticals
BCRX
$2.38B
| $17.3M | 0.01% |
2,884,569
-300,630
| -9% | -$1.74M |
|
347
Virtus Investment Partners
VRTS
$1.09B
| $16.9M | 0.01% |
70,019
-864
| -1% | -$172K |
|
348
Merit Medical Systems
MMSI
$5.24B
| $16.8M | 0.01% |
221,205
-16,007
| -7% | -$1.12M |
|
349
Workday
WDAY
$42B
| $16.7M | 0.01% |
60,532
-10,418
| -15% | -$2.48M |
|
350
Biogen
BIIB
$30.5B
| $16.5M | 0.01% |
63,778
-50,021
| -44% | -$12.3M |
|
Similar funds
Ken Fisher's Q4 2023 Portfolio in Review
As of Q4 2023, Ken Fisher held 1,269 positions worth $189B, up 7.3% from $176B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Ken Fisher withdrew a net $8.48B in Q4 2023, closing 288 positions and reducing 487 holdings. Its most notable exit was SIEMENS AKTIENGESELLSCHAFT ADS, an estimated $828M position sold in full.
By sector, the portfolio is most concentrated in Technology at 30% of assets, up from 27% a quarter earlier, followed by Financials and Consumer Discretionary.
Against the trend, Ken Fisher opened a new position in Veralto worth $93.6M.
- Ken Fisher's largest Q4 2023 buy was Veralto: 1,137,890 shares worth $93.6M.
- Ken Fisher added most to ExxonMobil in Q4 2023, an estimated $1.18B increase.
- Ken Fisher's biggest Q4 2023 reduction was NextEra Energy, cutting an estimated $553M.
- Ken Fisher fully exited SIEMENS AKTIENGESELLSCHAFT ADS in Q4 2023, selling an estimated $828M.
- Ken Fisher's ten largest holdings make up 31% of its $189B portfolio in Q4 2023.
- Ken Fisher opened 101 new positions and closed 288 in Q4 2023.
- Ken Fisher's portfolio value rose 7.3% quarter-over-quarter to $189B.
Based on Fisher Asset Management's 13F filing for Q4 2023, filed 6 Feb 2024.