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 |
Canadian Natural Resources
CNQ
|
+$1.58B |
| 2 |
iShares MBS ETF
MBB
|
+$1.49B |
| 3 |
RTX Corp
RTX
|
+$839M |
| 4 |
Microsoft
MSFT
|
+$566M |
| 5 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$555M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Portfolio Short Term Treasury ETF
SPTS
|
+$1.27B |
| 2 |
Advanced Micro Devices
AMD
|
+$920M |
| 3 |
iShares Expanded Tech-Software Sector ETF
IGV
|
+$682M |
| 4 |
VanEck Semiconductor ETF
SMH
|
+$567M |
| 5 |
Vanguard Information Technology ETF
VGT
|
+$291M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 30.6% |
| 2 | Financials | 11.61% |
| 3 | Healthcare | 9.91% |
| 4 | Consumer Discretionary | 9.26% |
| 5 | Industrials | 7.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
B
351
DELISTED
Barnes Group Inc.
B
| $17.9M | 0.01% |
431,348
+62,000
| +17% | +$2.34M |
|
352
Lennar Class A
LEN
$21.2B
| $17.8M | 0.01% |
122,830
+14,216
| +13% | +$2.16M |
|
353
BioCryst Pharmaceuticals
BCRX
$2.31B
| $17.7M | 0.01% |
2,856,703
-27,916
| -1% | -$154K |
|
354
Curtiss-Wright
CW
$27.6B
| $17.6M | 0.01% |
65,017
+2,539
| +4% | +$679K |
|
355
Core Laboratories
CLB
$502M
| $16.8M | 0.01% |
828,989
+4,844
| +0.6% | +$85.7K |
|
356
Materion
MTRN
$6.18B
| $16.8M | 0.01% |
154,951
-3,008
| -2% | -$346K |
|
357
Moog Inc Class A
MOG.A
$12.9B
| $16.4M | 0.01% |
98,295
+525
| +0.5% | +$86.3K |
|
358
Diamondrock Hospitality Co
DRH
$2.71B
| $16.2M | 0.01% |
1,918,644
| – | – |
|
359
United Parcel Service
UPS
$91.5B
| $16.2M | 0.01% |
118,114
+17,331
| +17% | +$2.48M |
|
360
Cal-Maine
CALM
$4.02B
| $16.1M | 0.01% |
263,410
+68,672
| +35% | +$4.07M |
|
361
RenaissanceRe
RNR
$13.4B
| $16.1M | 0.01% |
+71,929
| New | +$16.1M |
|
362
First Financial Bancorp
FFBC
$3.61B
| $16.1M | 0.01% |
722,941
-14,428
| -2% | -$319K |
|
363
iShares Core MSCI EAFE ETF
IEFA
$194B
| $15.9M | 0.01% |
219,283
+13,633
| +7% | +$1M |
|
364
Halozyme
HALO
$9.91B
| $15.9M | 0.01% |
303,284
+26,212
| +9% | +$1.15M |
|
365
Biogen
BIIB
$30.5B
| $15.9M | 0.01% |
68,487
+6,943
| +11% | +$1.51M |
|
366
Cactus
WHD
$5.28B
| $15.8M | 0.01% |
300,430
-10,859
| -3% | -$553K |
|
367
Cheesecake Factory
CAKE
$5.23B
| $15.8M | 0.01% |
402,909
+108,113
| +37% | +$4M |
|
368
EOG Resources
EOG
$71.5B
| $15.8M | 0.01% |
125,517
+60,370
| +93% | +$7.74M |
|
369
MakeMyTrip
MMYT
$5.76B
| $15.7M | 0.01% |
187,197
| – | – |
|
|
DVAX
370
DELISTED
Dynavax Technologies
DVAX
| $15.6M | 0.01% |
1,389,014
+4,895
| +0.4% | +$57K |
|
371
IPG Photonics
IPGP
$3.89B
| $15.5M | 0.01% |
184,139
+2,720
| +1% | +$235K |
|
372
First Merchants
FRME
$2.72B
| $15.3M | 0.01% |
460,678
-14,532
| -3% | -$486K |
|
373
Virtus Investment Partners
VRTS
$1.08B
| $15.3M | 0.01% |
67,736
+3,585
| +6% | +$816K |
|
374
AAR Corp
AIR
$5.86B
| $15.3M | 0.01% |
210,342
+41,000
| +24% | +$2.78M |
|
375
Texas Capital Bancshares
TCBI
$4.35B
| $14.5M | 0.01% |
237,212
+1,812
| +0.8% | +$107K |
|
Similar funds
Ken Fisher's Q2 2024 Portfolio in Review
As of Q2 2024, Ken Fisher held 1,069 positions worth $230B, up 7.4% from $214B the previous quarter. Its ten largest holdings account for 34% of the portfolio.
Ken Fisher deployed $7.03B of net new capital in Q2 2024, opening 105 new positions and adding to 492 existing holdings. Its largest new stake was ZTO Express: 3,166,868 shares worth $65.7M.
By sector, the portfolio is most concentrated in Technology at 31% of assets, up from 29% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was State Street SPDR Portfolio Short Term Treasury ETF, an estimated $1.27B trimmed.
- Ken Fisher's largest Q2 2024 buy was ZTO Express: 3,166,868 shares worth $65.7M.
- Ken Fisher added most to Canadian Natural Resources in Q2 2024, an estimated $1.58B increase.
- Ken Fisher's biggest Q2 2024 reduction was State Street SPDR Portfolio Short Term Treasury ETF, cutting an estimated $1.27B.
- Ken Fisher fully exited Thor Industries in Q2 2024, selling an estimated $24.5M.
- Ken Fisher's ten largest holdings make up 34% of its $230B portfolio in Q2 2024.
- Ken Fisher opened 105 new positions and closed 83 in Q2 2024.
- Ken Fisher's portfolio value rose 7.4% quarter-over-quarter to $230B.
Based on Fisher Asset Management's 13F filing for Q2 2024, filed 14 Aug 2024.