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 |
iShares 7-10 Year Treasury Bond ETF
IEF
|
+$2.87B |
| 2 |
NVIDIA
NVDA
|
+$358M |
| 3 |
Suncor Energy
SU
|
+$287M |
| 4 |
Microsoft
MSFT
|
+$278M |
| 5 |
Apple
AAPL
|
+$200M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$1.8B |
| 2 |
Canadian Natural Resources
CNQ
|
+$205M |
| 3 |
Intuit
INTU
|
+$177M |
| 4 |
Adobe
ADBE
|
+$120M |
| 5 |
GTLS
Chart Industries
GTLS
|
+$95.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.4% |
| 2 | Financials | 18.68% |
| 3 | Industrials | 9.33% |
| 4 | Healthcare | 8.68% |
| 5 | Communication Services | 6.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
351
ResMed
RMD
$30.7B
| $16.6M | 0.01% |
60,784
+14,011
| +30% | +$3.83M |
|
352
First Merchants
FRME
$2.67B
| $16.1M | 0.01% |
427,119
-14,669
| -3% | -$585K |
|
353
Paycom
PAYC
$9.69B
| $16M | 0.01% |
77,012
+4,173
| +6% | +$940K |
|
354
Vanguard Morningstar Total Stock Market ETF
VTI
$684B
| $16M | 0.01% |
48,838
+27,934
| +134% | +$8.82M |
|
355
Rambus
RMBS
$11B
| $15.9M | 0.01% |
+152,882
| New | +$11.8M |
|
356
Freshpet
FRPT
$3.22B
| $15.9M | 0.01% |
288,162
+3,225
| +1% | +$200K |
|
357
Trustmark
TRMK
$2.75B
| $15.9M | 0.01% |
400,841
-12,624
| -3% | -$492K |
|
358
Oceaneering
OII
$4.77B
| $15.9M | 0.01% |
639,884
+66,554
| +12% | +$1.53M |
|
359
State Street Health Care Select Sector SPDR ETF
XLV
$42.7B
| $15.7M | 0.01% |
112,488
+20,221
| +22% | +$2.74M |
|
360
iShares MSCI Australia ETF
EWA
$1.45B
| $15.4M | 0.01% |
570,604
+441,077
| +341% | +$11.8M |
|
361
Avient
AVNT
$4.19B
| $15.2M | 0.01% |
460,777
-32,137
| -7% | -$1.12M |
|
362
FNB Corp
FNB
$6.75B
| $15.1M | 0.01% |
936,155
+49,662
| +6% | +$790K |
|
363
Commerce Bancshares
CBSH
$8.5B
| $15M | 0.01% |
264,394
+50,933
| +24% | +$2.99M |
|
364
TechnipFMC
FTI
$27.3B
| $15M | 0.01% |
381,326
+60,356
| +19% | +$2.21M |
|
365
Helix Energy Solutions
HLX
$1.41B
| $14.8M | 0.01% |
2,254,930
-167,975
| -7% | -$1.06M |
|
366
Urban Edge Properties
UE
$2.73B
| $14.8M | 0.01% |
721,375
-39,127
| -5% | -$780K |
|
367
LXP Industrial Trust
LXP
$3.57B
| $14.7M | 0.01% |
329,060
-19,683
| -6% | -$846K |
|
|
PCH
368
DELISTED
PotlatchDeltic
PCH
| $14.7M | 0.01% |
361,590
+41,821
| +13% | +$1.73M |
|
369
Insulet
PODD
$9.79B
| $14.3M | 0.01% |
46,273
+12,754
| +38% | +$4M |
|
370
Credicorp
BAP
$30.7B
| $14.2M | 0.01% |
53,368
+3,747
| +8% | +$927K |
|
371
Cousins Properties
CUZ
$4.88B
| $14.2M | 0.01% |
491,025
-16,220
| -3% | -$460K |
|
372
Ameris Bancorp
ABCB
$5.89B
| $14M | 0.01% |
191,096
-25
| -0% | -$1.76K |
|
373
Acadia Pharmaceuticals
ACAD
$5.03B
| $13.6M | ﹤0.01% |
638,492
+328,181
| +106% | +$7.76M |
|
374
Tesla
TSLA
$1.3T
| $13.6M | ﹤0.01% |
30,622
+6,892
| +29% | +$2.39M |
|
375
Neurocrine Biosciences
NBIX
$16.6B
| $13.3M | ﹤0.01% |
94,795
+7,255
| +8% | +$983K |
|
Similar funds
Ken Fisher's Q3 2025 Portfolio in Review
As of Q3 2025, Ken Fisher held 1,094 positions worth $276B, up 9.7% from $252B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Ken Fisher's Q3 2025 filing shows 108 new, 450 increased, 424 reduced and 80 closed positions. Its largest new stake was Sanmina: 166,861 shares worth $19.2M. The largest sale was Vanguard Intermediate-Term Corporate Bond ETF, an estimated $1.8B.
By sector, the portfolio is most concentrated in Technology at 26% of assets, up from 25% a quarter earlier, followed by Financials and Industrials.
- Ken Fisher's largest Q3 2025 buy was Sanmina: 166,861 shares worth $19.2M.
- Ken Fisher added most to iShares 7-10 Year Treasury Bond ETF in Q3 2025, an estimated $2.87B increase.
- Ken Fisher's biggest Q3 2025 reduction was Vanguard Intermediate-Term Corporate Bond ETF, cutting an estimated $1.8B.
- Ken Fisher fully exited WEX in Q3 2025, selling an estimated $14.2M.
- Ken Fisher's ten largest holdings make up 32% of its $276B portfolio in Q3 2025.
- Ken Fisher opened 108 new positions and closed 80 in Q3 2025.
- Ken Fisher's portfolio value rose 9.7% quarter-over-quarter to $276B.
Based on Fisher Asset Management's 13F filing for Q3 2025, filed 12 Nov 2025.