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 |
Royal Bank of Canada
RY
|
+$647M |
| 2 |
Sony
SONY
|
+$407M |
| 3 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$394M |
| 4 |
SAP
SAP
|
+$333M |
| 5 |
Canadian Pacific Kansas City
CP
|
+$308M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Oracle
ORCL
|
+$1.41B |
| 2 |
NVIDIA
NVDA
|
+$1.04B |
| 3 |
Salesforce
CRM
|
+$1.02B |
| 4 |
Eli Lilly
LLY
|
+$883M |
| 5 |
JPMorgan Chase
JPM
|
+$764M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.47% |
| 2 | Financials | 18.4% |
| 3 | Industrials | 9.35% |
| 4 | Healthcare | 9.18% |
| 5 | Communication Services | 6.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
326
IDEAYA Biosciences
IDYA
$3.49B
| $19.4M | 0.01% |
922,092
-42,939
| -4% | -$824K |
|
327
Freshpet
FRPT
$3.54B
| $19.4M | 0.01% |
284,937
-40,178
| -12% | -$3.14M |
|
328
RenaissanceRe
RNR
$13.4B
| $19.3M | 0.01% |
79,281
-2,969
| -4% | -$720K |
|
329
Century Aluminum
CENX
$4.69B
| $19.2M | 0.01% |
1,063,585
-260,008
| -20% | -$4.41M |
|
330
First Horizon
FHN
$12.4B
| $19M | 0.01% |
898,354
-40,250
| -4% | -$767K |
|
331
Ovintiv
OVV
$16.2B
| $19M | 0.01% |
498,892
-184,874
| -27% | -$6.78M |
|
332
ACI Worldwide
ACIW
$5.85B
| $18.9M | 0.01% |
412,222
-34,762
| -8% | -$1.71M |
|
333
CONMED
CNMD
$1.49B
| $18.9M | 0.01% |
363,321
-100,700
| -22% | -$5.53M |
|
334
First Financial Bancorp
FFBC
$3.61B
| $18.7M | 0.01% |
770,599
-20,508
| -3% | -$486K |
|
335
Worthington Enterprises
WOR
$2.9B
| $18.3M | 0.01% |
287,674
-48
| -0% | -$2.66K |
|
336
Moog Inc Class A
MOG.A
$13B
| $17.7M | 0.01% |
97,651
-1,667
| -2% | -$292K |
|
337
Berkshire Hathaway Class B
BRK.B
$1.12T
| $17.5M | 0.01% |
36,010
+417
| +1% | +$212K |
|
338
Capri Holdings
CPRI
$1.79B
| $17.3M | 0.01% |
978,770
+667,116
| +214% | +$11M |
|
339
Builders FirstSource
BLDR
$8.16B
| $17M | 0.01% |
145,755
-41,497
| -22% | -$4.79M |
|
340
Globus Medical
GMED
$10.9B
| $17M | 0.01% |
288,073
-42,835
| -13% | -$2.77M |
|
341
First Merchants
FRME
$2.72B
| $16.9M | 0.01% |
441,788
-54,489
| -11% | -$2.02M |
|
342
Paycom
PAYC
$8.14B
| $16.9M | 0.01% |
72,839
-9,680
| -12% | -$2.29M |
|
343
Celldex Therapeutics
CLDX
$3.16B
| $16.7M | 0.01% |
822,208
-49,420
| -6% | -$962K |
|
344
ITT
ITT
$18.3B
| $16.6M | 0.01% |
105,865
-8,220
| -7% | -$1.17M |
|
345
Fluor
FLR
$7.06B
| $16.2M | 0.01% |
+316,107
| New | +$12.6M |
|
346
SiteOne Landscape Supply
SITE
$4.4B
| $16.1M | 0.01% |
132,770
+838
| +0.6% | +$99K |
|
347
PTC
PTC
$15.2B
| $16M | 0.01% |
92,627
-46,500
| -33% | -$7.49M |
|
348
Avient
AVNT
$3.5B
| $15.9M | 0.01% |
492,914
-38,906
| -7% | -$1.35M |
|
349
Cisco
CSCO
$485B
| $15.9M | 0.01% |
229,375
+28,033
| +14% | +$1.72M |
|
350
Hancock Whitney
HWC
$6.32B
| $15.9M | 0.01% |
276,560
-9,234
| -3% | -$491K |
|
Similar funds
Ken Fisher's Q2 2025 Portfolio in Review
As of Q2 2025, Ken Fisher held 1,093 positions worth $252B, up 9% from $231B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Ken Fisher's Q2 2025 filing shows 94 new, 337 increased, 522 reduced and 107 closed positions. Its largest new stake was Canadian National Railway: 1,823,800 shares worth $190M. The largest sale was Oracle, an estimated $1.41B.
By sector, the portfolio is most concentrated in Technology at 25% of assets, up from 24% a quarter earlier, followed by Financials and Industrials.
- Ken Fisher's largest Q2 2025 buy was Canadian National Railway: 1,823,800 shares worth $190M.
- Ken Fisher added most to Royal Bank of Canada in Q2 2025, an estimated $647M increase.
- Ken Fisher's biggest Q2 2025 reduction was Oracle, cutting an estimated $1.41B.
- Ken Fisher fully exited Tenable Holdings in Q2 2025, selling an estimated $43.2M.
- Ken Fisher's ten largest holdings make up 31% of its $252B portfolio in Q2 2025.
- Ken Fisher opened 94 new positions and closed 107 in Q2 2025.
- Ken Fisher's portfolio value rose 9% quarter-over-quarter to $252B.
Based on Fisher Asset Management's 13F filing for Q2 2025, filed 13 Aug 2025.