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 | |
|---|---|---|---|---|---|---|
351
F5
FFIV
$23.4B
| $15.5M | 0.01% |
52,748
-21,964
| -29% | -$6.07M |
|
352
Tanger
SKT
$4.58B
| $15.4M | 0.01% |
504,931
-825
| -0.2% | -$25.3K |
|
353
Cousins Properties
CUZ
$5.01B
| $15.2M | 0.01% |
507,245
-142,421
| -22% | -$4.02M |
|
354
Acushnet Holdings
GOLF
$5.82B
| $15.2M | 0.01% |
208,357
+54,088
| +35% | +$3.65M |
|
355
Helix Energy Solutions
HLX
$1.47B
| $15.1M | 0.01% |
2,422,905
-102,045
| -4% | -$676K |
|
356
Trustmark
TRMK
$2.82B
| $15.1M | 0.01% |
413,465
+49,540
| +14% | +$1.7M |
|
357
Trex
TREX
$5.01B
| $15M | 0.01% |
276,616
+1,890
| +0.7% | +$107K |
|
358
Simmons First National
SFNC
$3.44B
| $14.9M | 0.01% |
786,715
-21,122
| -3% | -$398K |
|
359
Manhattan Associates
MANH
$11.1B
| $14.8M | 0.01% |
75,103
-28,637
| -28% | -$5.2M |
|
|
TPH
360
DELISTED
Tri Pointe Homes
TPH
| $14.7M | 0.01% |
459,499
-254,651
| -36% | -$7.81M |
|
361
Scholar Rock
SRRK
$6.12B
| $14.6M | 0.01% |
412,411
-44,460
| -10% | -$1.4M |
|
362
LXP Industrial Trust
LXP
$3.57B
| $14.4M | 0.01% |
348,743
-98,102
| -22% | -$4.04M |
|
363
Post Holdings
POST
$4.12B
| $14.3M | 0.01% |
131,269
-13,646
| -9% | -$1.53M |
|
364
Alarm.com
ALRM
$2.78B
| $14.3M | 0.01% |
252,625
-284
| -0.1% | -$15.8K |
|
365
AAR Corp
AIR
$5.99B
| $14.2M | 0.01% |
207,001
-1,341
| -0.6% | -$80.5K |
|
366
Boston Properties
BXP
$11.1B
| $14.2M | 0.01% |
210,634
+87
| +0% | +$5.79K |
|
367
WEX
WEX
$6.42B
| $14.2M | 0.01% |
96,642
+2
| +0% | +$269 |
|
368
Urban Edge Properties
UE
$2.73B
| $14.2M | 0.01% |
760,502
-247,127
| -25% | -$4.52M |
|
369
Snap-on
SNA
$21.5B
| $14.2M | 0.01% |
45,531
-2,180
| -5% | -$694K |
|
370
ScottsMiracle-Gro
SMG
$3.74B
| $13.9M | 0.01% |
210,240
-16,635
| -7% | -$962K |
|
371
Flowers Foods
FLO
$1.53B
| $13.6M | 0.01% |
853,707
-20,651
| -2% | -$356K |
|
372
Littelfuse
LFUS
$11.8B
| $13.6M | 0.01% |
59,958
-731
| -1% | -$144K |
|
373
Renasant Corp
RNST
$4B
| $13.3M | 0.01% |
369,561
+32,927
| +10% | +$1.1M |
|
374
Amkor Technology
AMKR
$13.7B
| $13.1M | 0.01% |
622,433
-30,703
| -5% | -$567K |
|
375
iShares Core MSCI Europe ETF
IEUR
$9.09B
| $13M | 0.01% |
196,430
-12,043
| -6% | -$761K |
|
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.