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 | |
|---|---|---|---|---|---|---|
376
FNB Corp
FNB
$6.84B
| $12.9M | 0.01% |
886,493
+112,195
| +14% | +$1.52M |
|
377
Service Corp International
SCI
$11.6B
| $12.8M | 0.01% |
157,030
+25,274
| +19% | +$1.97M |
|
378
WSFS Financial
WSFS
$4.23B
| $12.6M | 0.01% |
229,921
+132
| +0.1% | +$6.86K |
|
379
Commerce Bancshares
CBSH
$8.58B
| $12.6M | 0.01% |
213,461
+25,534
| +14% | +$1.5M |
|
380
Sunstone Hotel Investors
SHO
$2.18B
| $12.6M | 0.01% |
1,451,274
-45,502
| -3% | -$392K |
|
381
State Street Health Care Select Sector SPDR ETF
XLV
$42.3B
| $12.4M | ﹤0.01% |
92,267
+44,783
| +94% | +$6.05M |
|
382
Ameris Bancorp
ABCB
$5.97B
| $12.4M | ﹤0.01% |
191,121
-168
| -0.1% | -$9.95K |
|
|
PCH
383
DELISTED
PotlatchDeltic
PCH
| $12.3M | ﹤0.01% |
319,769
-1,360
| -0.4% | -$53.4K |
|
384
iShares 20+ Year Treasury Bond ETF
TLT
$41.8B
| $12.2M | ﹤0.01% |
138,125
-21,051
| -13% | -$1.84M |
|
385
ResMed
RMD
$32.5B
| $12.1M | ﹤0.01% |
46,773
+315
| +0.7% | +$75.1K |
|
386
Ligand Pharmaceuticals
LGND
$6.06B
| $12.1M | ﹤0.01% |
106,066
-1,440
| -1% | -$154K |
|
387
Cavco Industries
CVCO
$4.52B
| $12M | ﹤0.01% |
27,682
-44,797
| -62% | -$21M |
|
|
SNV
388
DELISTED
Synovus
SNV
| $12M | ﹤0.01% |
231,674
+66,576
| +40% | +$3.06M |
|
389
Oceaneering
OII
$4.78B
| $11.9M | ﹤0.01% |
573,330
+42,712
| +8% | +$824K |
|
|
CURB
390
Curbline Properties
CURB
$3.46B
| $11.8M | ﹤0.01% |
517,466
-47,759
| -8% | -$1.1M |
|
391
Kaiser Aluminum
KALU
$2.91B
| $11.8M | ﹤0.01% |
147,475
+54
| +0% | +$3.68K |
|
392
Vertex Pharmaceuticals
VRTX
$123B
| $11.5M | ﹤0.01% |
25,755
-4,914
| -16% | -$2.26M |
|
393
Virtus Investment Partners
VRTS
$1.08B
| $11.4M | ﹤0.01% |
62,790
-4,181
| -6% | -$696K |
|
|
PPBI
394
DELISTED
Pacific Premier Bancorp
PPBI
| $11.3M | ﹤0.01% |
537,005
+5
| +0% | +$104 |
|
395
Atlantic Union Bankshares
AUB
$6.11B
| $11.3M | ﹤0.01% |
361,633
+1,353
| +0.4% | +$39.1K |
|
396
Lantheus
LNTH
$6.61B
| $11.3M | ﹤0.01% |
138,155
-4,393
| -3% | -$386K |
|
397
Southern Company
SO
$107B
| $11.2M | ﹤0.01% |
122,408
+6,129
| +5% | +$550K |
|
398
Credicorp
BAP
$31.4B
| $11.1M | ﹤0.01% |
49,621
-5,082
| -9% | -$1.03M |
|
399
TechnipFMC
FTI
$27.2B
| $11.1M | ﹤0.01% |
320,970
-88,353
| -22% | -$2.67M |
|
400
Neurocrine Biosciences
NBIX
$16.4B
| $11M | ﹤0.01% |
87,540
-7,717
| -8% | -$885K |
|
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.