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 |
ExxonMobil
XOM
|
+$1.18B |
| 2 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$340M |
| 3 |
Coca-Cola
KO
|
+$280M |
| 4 |
NVIDIA
NVDA
|
+$274M |
| 5 |
iShares US Pharmaceuticals ETF
IHE
|
+$209M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
SI
SIEMENS AKTIENGESELLSCHAFT ADS
SI
|
+$828M |
| 2 |
ABB
ABB Ltd
ABB
|
+$679M |
| 3 |
NextEra Energy
NEE
|
+$553M |
| 4 |
iShares Expanded Tech-Software Sector ETF
IGV
|
+$231M |
| 5 |
PepsiCo
PEP
|
+$224M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 30% |
| 2 | Financials | 12.45% |
| 3 | Consumer Discretionary | 10.07% |
| 4 | Healthcare | 9.87% |
| 5 | Industrials | 7.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
376
Jefferies Financial Group
JEF
$13B
| $13.3M | 0.01% |
330,059
-13,967
| -4% | -$494K |
|
377
Core Laboratories
CLB
$513M
| $13.3M | 0.01% |
754,407
+134,227
| +22% | +$2.7M |
|
378
Cactus
WHD
$5.5B
| $13.2M | 0.01% |
291,350
+9,784
| +3% | +$445K |
|
379
Berkshire Hathaway Class B
BRK.B
$1.13T
| $13.1M | 0.01% |
36,854
-7,926
| -18% | -$2.78M |
|
380
ProPetro Holding
PUMP
$1.34B
| $13M | 0.01% |
1,551,124
-42,417
| -3% | -$400K |
|
381
Acadia Realty Trust
AKR
$2.84B
| $13M | 0.01% |
762,843
-12,373
| -2% | -$186K |
|
382
Ichor Holdings
ICHR
$2.45B
| $12.9M | 0.01% |
383,144
-2,612
| -0.7% | -$72.3K |
|
383
Wipro
WIT
$19.7B
| $12.9M | 0.01% |
4,626,320
+169,038
| +4% | +$410K |
|
384
Equinor
EQNR
$93.7B
| $12.4M | 0.01% |
392,962
+14,144
| +4% | +$458K |
|
385
ScottsMiracle-Gro
SMG
$3.61B
| $12.4M | 0.01% |
194,643
-27,817
| -13% | -$1.5M |
|
386
iShares 1-3 Year Treasury Bond ETF
SHY
$25.1B
| $12.2M | 0.01% |
149,096
+12,719
| +9% | +$1.03M |
|
387
Invesco NASDAQ 100 ETF
QQQM
$101B
| $12.2M | 0.01% |
72,157
-4,584
| -6% | -$716K |
|
|
B
388
DELISTED
Barnes Group Inc.
B
| $12.1M | 0.01% |
369,348
-6,961
| -2% | -$199K |
|
389
Paylocity
PCTY
$8.04B
| $12M | 0.01% |
72,752
-1,235
| -2% | -$208K |
|
390
Trustmark
TRMK
$2.78B
| $11.5M | 0.01% |
414,159
-14,874
| -3% | -$345K |
|
391
Bristol-Myers Squibb
BMY
$131B
| $11.5M | 0.01% |
223,431
+126,122
| +130% | +$6.62M |
|
392
AAR Corp
AIR
$5.89B
| $11.4M | 0.01% |
183,342
| – | – |
|
393
Vanguard Morningstar Growth ETF
VUG
$229B
| $11.3M | 0.01% |
218,988
-55,518
| -20% | -$2.68M |
|
|
EXAS
394
DELISTED
Exact Sciences
EXAS
| $11.3M | 0.01% |
152,359
-2,010
| -1% | -$132K |
|
395
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$16.6B
| $11.1M | 0.01% |
143,673
+37,162
| +35% | +$2.77M |
|
396
Atlantic Union Bankshares
AUB
$6.02B
| $11M | 0.01% |
302,253
+1,253
| +0.4% | +$39.4K |
|
397
ITT
ITT
$19.2B
| $11M | 0.01% |
91,947
-28,527
| -24% | -$3M |
|
398
Vertex Pharmaceuticals
VRTX
$123B
| $10.9M | 0.01% |
26,680
+334
| +1% | +$123K |
|
399
Ameris Bancorp
ABCB
$5.92B
| $10.8M | 0.01% |
202,640
-7,282
| -3% | -$312K |
|
400
Polaris
PII
$3.99B
| $10.7M | 0.01% |
113,100
+737
| +0.7% | +$67.5K |
|
Similar funds
Ken Fisher's Q4 2023 Portfolio in Review
As of Q4 2023, Ken Fisher held 1,269 positions worth $189B, up 7.3% from $176B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Ken Fisher withdrew a net $8.48B in Q4 2023, closing 288 positions and reducing 487 holdings. Its most notable exit was SIEMENS AKTIENGESELLSCHAFT ADS, an estimated $828M position sold in full.
By sector, the portfolio is most concentrated in Technology at 30% of assets, up from 27% a quarter earlier, followed by Financials and Consumer Discretionary.
Against the trend, Ken Fisher opened a new position in Veralto worth $93.6M.
- Ken Fisher's largest Q4 2023 buy was Veralto: 1,137,890 shares worth $93.6M.
- Ken Fisher added most to ExxonMobil in Q4 2023, an estimated $1.18B increase.
- Ken Fisher's biggest Q4 2023 reduction was NextEra Energy, cutting an estimated $553M.
- Ken Fisher fully exited SIEMENS AKTIENGESELLSCHAFT ADS in Q4 2023, selling an estimated $828M.
- Ken Fisher's ten largest holdings make up 31% of its $189B portfolio in Q4 2023.
- Ken Fisher opened 101 new positions and closed 288 in Q4 2023.
- Ken Fisher's portfolio value rose 7.3% quarter-over-quarter to $189B.
Based on Fisher Asset Management's 13F filing for Q4 2023, filed 6 Feb 2024.