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 |
Netflix
NFLX
|
+$808M |
| 2 |
Amazon
AMZN
|
+$805M |
| 3 |
DOCU
DocuSign
DOCU
|
+$696M |
| 4 |
Intuit
INTU
|
+$684M |
| 5 |
Meta Platforms (Facebook)
META
|
+$662M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Walmart Inc
WMT
|
+$1.14B |
| 2 |
Walt Disney
DIS
|
+$959M |
| 3 |
Intel
INTC
|
+$891M |
| 4 |
UnitedHealth
UNH
|
+$704M |
| 5 |
Visa
V
|
+$609M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 30.01% |
| 2 | Healthcare | 10.79% |
| 3 | Financials | 10.13% |
| 4 | Consumer Discretionary | 9.89% |
| 5 | Communication Services | 8.19% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
376
PTC Therapeutics
PTCT
$5.91B
| $8.12M | ﹤0.01% |
203,974
+27,818
| +16% | +$1.06M |
|
377
Xylem
XYL
$28.2B
| $8.01M | ﹤0.01% |
66,828
+17,252
| +35% | +$2.14M |
|
378
Patterson-UTI
PTEN
$3.83B
| $7.97M | ﹤0.01% |
942,901
+925,687
| +5,378% | +$7.98M |
|
379
iShares Expanded Tech-Software Sector ETF
IGV
$14.1B
| $7.94M | ﹤0.01% |
99,800
+20,800
| +26% | +$1.74M |
|
380
Workday
WDAY
$42B
| $7.74M | ﹤0.01% |
28,345
+24,406
| +620% | +$6.78M |
|
|
ANSS
381
DELISTED
Ansys
ANSS
| $7.71M | ﹤0.01% |
19,217
-239
| -1% | -$91.8K |
|
382
Factset
FDS
$9.77B
| $7.56M | ﹤0.01% |
15,561
-842
| -5% | -$378K |
|
383
FormFactor
FORM
$9B
| $7.52M | ﹤0.01% |
164,534
+30,914
| +23% | +$1.27M |
|
384
Comcast
CMCSA
$89.3B
| $7.49M | ﹤0.01% |
148,848
-2,435
| -2% | -$127K |
|
|
K
385
DELISTED
Kellanova
K
| $7.39M | ﹤0.01% |
122,107
+109,279
| +852% | +$6.45M |
|
386
Clorox
CLX
$12.8B
| $7.34M | ﹤0.01% |
42,124
+34,417
| +447% | +$5.74M |
|
387
Warner Bros
WBD
$66.2B
| $7.34M | ﹤0.01% |
311,770
+285,763
| +1,099% | +$7.11M |
|
388
Acuity Brands
AYI
$10.7B
| $7.28M | ﹤0.01% |
34,394
+105
| +0.3% | +$21.7K |
|
|
PCH
389
DELISTED
PotlatchDeltic
PCH
| $7.27M | ﹤0.01% |
120,784
-651
| -0.5% | -$36.5K |
|
390
Independent Bank
INDB
$4B
| $7.15M | ﹤0.01% |
87,644
-7,130
| -8% | -$592K |
|
391
Tetra Tech
TTEK
$8.89B
| $7.06M | ﹤0.01% |
207,965
+3,805
| +2% | +$131K |
|
392
Vanguard FTSE Emerging Markets ETF
VWO
$123B
| $6.62M | ﹤0.01% |
133,744
+65,035
| +95% | +$3.28M |
|
393
Vanguard Morningstar Total Stock Market ETF
VTI
$680B
| $6.5M | ﹤0.01% |
26,942
+1,932
| +8% | +$456K |
|
394
CVS Health
CVS
$123B
| $6.46M | ﹤0.01% |
62,639
+910
| +1% | +$84.1K |
|
395
Associated Banc-Corp
ASB
$5.88B
| $6.37M | ﹤0.01% |
282,000
| – | – |
|
396
Neurocrine Biosciences
NBIX
$16.2B
| $6.36M | ﹤0.01% |
74,647
+5,453
| +8% | +$502K |
|
397
Morningstar
MORN
$7.37B
| $6.35M | ﹤0.01% |
18,560
-5,802
| -24% | -$1.8M |
|
398
Roper Technologies
ROP
$39.3B
| $6.35M | ﹤0.01% |
12,904
+26
| +0.2% | +$12.4K |
|
399
Simmons First National
SFNC
$3.4B
| $6.3M | ﹤0.01% |
213,000
| – | – |
|
400
Pentair
PNR
$11.2B
| $6.23M | ﹤0.01% |
85,302
+28,177
| +49% | +$2.08M |
|
Similar funds
Ken Fisher's Q4 2021 Portfolio in Review
As of Q4 2021, Ken Fisher held 1,147 positions worth $179B, up 11% from $161B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Ken Fisher deployed $7.67B of net new capital in Q4 2021, opening 119 new positions and adding to 524 existing holdings. Its largest new stake was DocuSign: 3,052,026 shares worth $465M.
By sector, the portfolio is most concentrated in Technology at 30% of assets, up from 27% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was Walmart Inc, an estimated $1.14B trimmed.
- Ken Fisher's largest Q4 2021 buy was DocuSign: 3,052,026 shares worth $465M.
- Ken Fisher added most to Netflix in Q4 2021, an estimated $808M increase.
- Ken Fisher's biggest Q4 2021 reduction was Walmart Inc, cutting an estimated $1.14B.
- Ken Fisher fully exited Kansas City Southern in Q4 2021, selling an estimated $64.7M.
- Ken Fisher's ten largest holdings make up 32% of its $179B portfolio in Q4 2021.
- Ken Fisher opened 119 new positions and closed 80 in Q4 2021.
- Ken Fisher's portfolio value rose 11% quarter-over-quarter to $179B.
Based on Fisher Asset Management's 13F filing for Q4 2021, filed 2 Feb 2022.