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 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$390M |
| 2 |
Apple
AAPL
|
+$310M |
| 3 |
Amazon
AMZN
|
+$233M |
| 4 |
Microsoft
MSFT
|
+$221M |
| 5 |
TotalEnergies
TTE
|
+$204M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Global Energy ETF
IXC
|
+$384M |
| 2 |
Infosys
INFY
|
+$125M |
| 3 |
iShares Global Tech ETF
IXN
|
+$36.8M |
| 4 |
Equinor
EQNR
|
+$26.2M |
| 5 |
Sanofi
SNY
|
+$20.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.88% |
| 2 | Consumer Discretionary | 12.45% |
| 3 | Financials | 11.9% |
| 4 | Healthcare | 10.14% |
| 5 | Communication Services | 6.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
376
Sarepta Therapeutics
SRPT
$1.77B
| $4.81M | ﹤0.01% |
28,203
-4,173
| -13% | -$618K |
|
377
iShares Global Industrials ETF
EXI
$1.48B
| $4.76M | ﹤0.01% |
44,556
+4,358
| +11% | +$440K |
|
378
Kimberly-Clark
KMB
$36.4B
| $4.72M | ﹤0.01% |
34,987
+263
| +0.8% | +$36.8K |
|
379
Simmons First National
SFNC
$3.4B
| $4.68M | ﹤0.01% |
217,000
| – | – |
|
380
Toll Brothers
TOL
$14.5B
| $4.68M | ﹤0.01% |
107,781
-4,271
| -4% | -$198K |
|
381
FormFactor
FORM
$9.2B
| $4.62M | ﹤0.01% |
107,385
-26,141
| -20% | -$944K |
|
382
Roper Technologies
ROP
$39.7B
| $4.56M | ﹤0.01% |
10,575
+253
| +2% | +$104K |
|
|
DASTY
383
DELISTED
DASSAULT SYSTEMES SA ADR
DASTY
| $4.56M | ﹤0.01% |
22,427
+21
| +0.1% | +$4.27K |
|
384
Xylem
XYL
$28.3B
| $4.54M | ﹤0.01% |
44,629
+11,986
| +37% | +$1.13M |
|
385
Vanguard Total World Stock ETF
VT
$79.7B
| $4.54M | ﹤0.01% |
48,986
+1,936
| +4% | +$168K |
|
|
SPR
386
DELISTED
Spirit AeroSystems
SPR
| $4.41M | ﹤0.01% |
112,768
-8,796
| -7% | -$252K |
|
387
Evercore
EVR
$11.8B
| $4.4M | ﹤0.01% |
40,150
+27,502
| +217% | +$2.45M |
|
|
SPLK
388
DELISTED
Splunk Inc
SPLK
| $4.3M | ﹤0.01% |
25,310
-159
| -0.6% | -$30.4K |
|
389
General Mills
GIS
$19.5B
| $4.26M | ﹤0.01% |
72,502
-125
| -0.2% | -$7.56K |
|
390
iShares ESG Aware 1-5 Year USD Corporate Bond ETF
SUSB
$1.3B
| $4.26M | ﹤0.01% |
162,607
+29,792
| +22% | +$778K |
|
391
Bilibili
BILI
$7.81B
| $4.24M | ﹤0.01% |
49,468
+34,271
| +226% | +$2.01M |
|
|
POWR
392
iShares U.S. Power Infrastructure ETF
POWR
$459M
| $4.1M | ﹤0.01% |
313,838
+280,904
| +853% | +$3.34M |
|
393
CVS Health
CVS
$122B
| $4.06M | ﹤0.01% |
59,477
+9,912
| +20% | +$645K |
|
394
Cactus
WHD
$5.44B
| $4M | ﹤0.01% |
153,477
+11,124
| +8% | +$252K |
|
395
State Street SPDR S&P 500 ETF Trust
SPY
$822B
| $3.97M | ﹤0.01% |
10,624
+4,627
| +77% | +$1.64M |
|
396
Hexcel
HXL
$7.77B
| $3.75M | ﹤0.01% |
77,305
+103
| +0.1% | +$4.49K |
|
397
Check Point Software Technologies
CHKP
$12.9B
| $3.67M | ﹤0.01% |
27,584
-315
| -1% | -$38.5K |
|
|
COWN
398
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $3.64M | ﹤0.01% |
139,920
-15,218
| -10% | -$343K |
|
399
State Street SPDR Portfolio Intermediate Term Corporate Bond ETF
SPIB
$11.5B
| $3.6M | ﹤0.01% |
96,792
+3,890
| +4% | +$144K |
|
400
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.54B
| $3.6M | ﹤0.01% |
61,516
+14,439
| +31% | +$732K |
|
Similar funds
Ken Fisher's Q4 2020 Portfolio in Review
As of Q4 2020, Ken Fisher held 1,063 positions worth $133B, up 17% from $114B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Ken Fisher deployed $4.92B of net new capital in Q4 2020, opening 123 new positions and adding to 398 existing holdings. Its largest new stake was TAL Education Group: 1,621,948 shares worth $116M.
By sector, the portfolio is most concentrated in Technology at 26% of assets, down from 26% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was iShares Global Energy ETF, an estimated $384M trimmed.
- Ken Fisher's largest Q4 2020 buy was TAL Education Group: 1,621,948 shares worth $116M.
- Ken Fisher added most to Vanguard Intermediate-Term Corporate Bond ETF in Q4 2020, an estimated $390M increase.
- Ken Fisher's biggest Q4 2020 reduction was iShares Global Energy ETF, cutting an estimated $384M.
- Ken Fisher fully exited Waddell & Reed Financial, Inc. in Q4 2020, selling an estimated $19.5M.
- Ken Fisher's ten largest holdings make up 32% of its $133B portfolio in Q4 2020.
- Ken Fisher opened 123 new positions and closed 53 in Q4 2020.
- Ken Fisher's portfolio value rose 17% quarter-over-quarter to $133B.
Based on Fisher Asset Management's 13F filing for Q4 2020, filed 29 Jan 2021.