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 | |
|---|---|---|---|---|---|---|
|
SWAV
351
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
| $15.1M | 0.01% |
75,661
+57
| +0.1% | +$13.5K |
|
352
State Street SPDR S&P Capital Markets ETF
KCE
$466M
| $15M | 0.01% |
172,428
-76,005
| -31% | -$6.76M |
|
353
Core Laboratories
CLB
$521M
| $14.9M | 0.01% |
620,180
+430,756
| +227% | +$10.6M |
|
354
Banner Corp
BANR
$2.4B
| $14.7M | 0.01% |
346,519
+153,441
| +79% | +$6.88M |
|
355
Teradyne
TER
$59.3B
| $14.7M | 0.01% |
146,012
-7,808
| -5% | -$824K |
|
356
Virtus Investment Partners
VRTS
$1.1B
| $14.3M | 0.01% |
70,883
+59,998
| +551% | +$12.2M |
|
357
Cactus
WHD
$5.44B
| $14.1M | 0.01% |
281,566
+19,408
| +7% | +$976K |
|
358
Vanguard Total World Stock ETF
VT
$79.8B
| $14.1M | 0.01% |
151,491
+8,732
| +6% | +$848K |
|
359
Freshpet
FRPT
$3.22B
| $14M | 0.01% |
211,770
+73
| +0% | +$5.24K |
|
360
First Financial Bancorp
FFBC
$3.53B
| $13.9M | 0.01% |
709,277
+45,233
| +7% | +$968K |
|
361
Diodes
DIOD
$4.84B
| $13.6M | 0.01% |
172,652
-48,191
| -22% | -$4.05M |
|
362
Advanced Energy
AEIS
$13B
| $13.6M | 0.01% |
131,632
+167
| +0.1% | +$18.7K |
|
363
First Merchants
FRME
$2.67B
| $13.6M | 0.01% |
487,498
+107,262
| +28% | +$3.21M |
|
364
Paylocity
PCTY
$7.98B
| $13.4M | 0.01% |
73,987
-1,519
| -2% | -$305K |
|
365
Seacoast Banking Corp of Florida
SBCF
$3.35B
| $13.3M | 0.01% |
606,171
+21,068
| +4% | +$493K |
|
366
PVH
PVH
$4.04B
| $13.3M | 0.01% |
173,633
+9,730
| +6% | +$805K |
|
367
Alarm.com
ALRM
$2.85B
| $13.3M | 0.01% |
217,150
+4
| +0% | +$226 |
|
368
Tenable Holdings
TENB
$4.01B
| $13.1M | 0.01% |
292,572
+164,898
| +129% | +$7.41M |
|
|
B
369
DELISTED
Barnes Group Inc.
B
| $12.8M | 0.01% |
376,309
-27,665
| -7% | -$1.07M |
|
370
Jefferies Financial Group
JEF
$13.1B
| $12.6M | 0.01% |
344,026
+833
| +0.2% | +$29.8K |
|
371
Curtiss-Wright
CW
$25.5B
| $12.5M | 0.01% |
64,101
-1,534
| -2% | -$304K |
|
372
Vanguard Morningstar Growth ETF
VUG
$231B
| $12.5M | 0.01% |
274,506
+23,292
| +9% | +$1.1M |
|
373
Equinor
EQNR
$92.4B
| $12.4M | 0.01% |
378,818
+6,328
| +2% | +$196K |
|
374
Kaiser Aluminum
KALU
$3.02B
| $12.3M | 0.01% |
163,710
| – | – |
|
375
Halliburton
HAL
$26.6B
| $12.3M | 0.01% |
303,293
-2,207,956
| -88% | -$86.5M |
|
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.