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 | |
|---|---|---|---|---|---|---|
351
United Parcel Service
UPS
$88.9B
| $16.4M | 0.01% |
104,572
-1,197
| -1% | -$181K |
|
352
iShares Core MSCI EAFE ETF
IEFA
$196B
| $16.2M | 0.01% |
230,932
-17,949
| -7% | -$1.18M |
|
353
Ambev
ABEV
$46.4B
| $16.1M | 0.01% |
5,739,554
-145,378
| -2% | -$393K |
|
354
SPS Commerce
SPSC
$2.64B
| $16M | 0.01% |
82,627
+15,604
| +23% | +$2.72M |
|
355
Tenable Holdings
TENB
$4.01B
| $16M | 0.01% |
347,236
+54,664
| +19% | +$2.3M |
|
356
FIVE9
FIVN
$2.6B
| $16M | 0.01% |
202,987
+36,317
| +22% | +$2.53M |
|
357
First Financial Bancorp
FFBC
$3.53B
| $15.9M | 0.01% |
668,457
-40,820
| -6% | -$846K |
|
358
Agios Pharmaceuticals
AGIO
$1.93B
| $15.8M | 0.01% |
711,521
-105,898
| -13% | -$2.37M |
|
359
Lennar Class A
LEN
$21.2B
| $15.8M | 0.01% |
109,417
+1,473
| +1% | +$177K |
|
360
Crinetics Pharmaceuticals
CRNX
$8.92B
| $15.7M | 0.01% |
441,295
+387,435
| +719% | +$11.9M |
|
361
Banner Corp
BANR
$2.4B
| $15.7M | 0.01% |
293,060
-53,459
| -15% | -$2.46M |
|
362
Teradyne
TER
$59.3B
| $15.3M | 0.01% |
141,278
-4,734
| -3% | -$449K |
|
363
Vanguard Total World Stock ETF
VT
$79.8B
| $15.3M | 0.01% |
148,246
-3,245
| -2% | -$312K |
|
364
Texas Capital Bancshares
TCBI
$4.32B
| $15.2M | 0.01% |
234,577
-42,247
| -15% | -$2.43M |
|
365
Seacoast Banking Corp of Florida
SBCF
$3.35B
| $15.1M | 0.01% |
529,294
-76,877
| -13% | -$1.81M |
|
|
SWAV
366
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
| $14.5M | 0.01% |
76,078
+417
| +0.6% | +$78.8K |
|
367
Moog Inc Class A
MOG.A
$12.8B
| $14.4M | 0.01% |
99,255
-7,934
| -7% | -$1.03M |
|
368
Dr. Reddy's Laboratories
RDY
$10.2B
| $14.3M | 0.01% |
1,026,400
+573,150
| +126% | +$7.66M |
|
369
Advanced Energy
AEIS
$13B
| $14.1M | 0.01% |
129,459
-2,173
| -2% | -$211K |
|
|
CPE
370
DELISTED
Callon Petroleum Company
CPE
| $13.9M | 0.01% |
429,713
+159,380
| +59% | +$5.46M |
|
371
Alarm.com
ALRM
$2.85B
| $13.9M | 0.01% |
214,633
-2,517
| -1% | -$144K |
|
372
UFP Industries
UFPI
$5.19B
| $13.8M | 0.01% |
110,174
-3,314
| -3% | -$358K |
|
373
Diodes
DIOD
$4.84B
| $13.6M | 0.01% |
169,115
-3,537
| -2% | -$258K |
|
374
Tanger
SKT
$4.52B
| $13.5M | 0.01% |
488,690
-19,414
| -4% | -$483K |
|
375
Curtiss-Wright
CW
$25.5B
| $13.4M | 0.01% |
60,026
-4,075
| -6% | -$853K |
|
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.