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
|
+$4.56B |
| 2 |
Broadcom
AVGO
|
+$441M |
| 3 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$281M |
| 4 |
NVIDIA
NVDA
|
+$278M |
| 5 |
Microsoft
MSFT
|
+$230M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MBS ETF
MBB
|
+$2.05B |
| 2 |
State Street SPDR Portfolio Long Term Treasury ETF
SPTL
|
+$1.6B |
| 3 |
Lennox International
LII
|
+$284M |
| 4 |
Itaú Unibanco
ITUB
|
+$247M |
| 5 |
Intuit
INTU
|
+$160M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.35% |
| 2 | Financials | 19.13% |
| 3 | Healthcare | 9.52% |
| 4 | Industrials | 9.41% |
| 5 | Communication Services | 6.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
376
iShares Core MSCI Europe ETF
IEUR
$9.08B
| $12.8M | ﹤0.01% |
179,893
-6,688
| -4% | -$463K |
|
377
Atlantic Union Bankshares
AUB
$6.02B
| $12.7M | ﹤0.01% |
360,291
+38
| +0% | +$1.31K |
|
378
Urban Edge Properties
UE
$2.71B
| $12.6M | ﹤0.01% |
656,494
-64,881
| -9% | -$1.26M |
|
379
WSFS Financial
WSFS
$4.17B
| $12.6M | ﹤0.01% |
227,946
+92
| +0% | +$5.03K |
|
380
Cousins Properties
CUZ
$4.91B
| $12.6M | ﹤0.01% |
486,830
-4,195
| -0.9% | -$109K |
|
381
Core Laboratories
CLB
$513M
| $12.4M | ﹤0.01% |
774,979
-49,600
| -6% | -$738K |
|
382
Edwards Lifesciences
EW
$51.5B
| $12.4M | ﹤0.01% |
145,645
-101,775
| -41% | -$8.35M |
|
383
Renasant Corp
RNST
$3.96B
| $12.1M | ﹤0.01% |
344,721
-12,204
| -3% | -$432K |
|
384
State Street SPDR S&P 500 ETF Trust
SPY
$818B
| $11.8M | ﹤0.01% |
17,349
+2,410
| +16% | +$1.63M |
|
385
Vertex Pharmaceuticals
VRTX
$123B
| $11.4M | ﹤0.01% |
25,218
-741
| -3% | -$319K |
|
386
Arcosa
ACA
$7.12B
| $11.4M | ﹤0.01% |
107,453
-4,653
| -4% | -$470K |
|
387
Ionis Pharmaceuticals
IONS
$9.06B
| $11.2M | ﹤0.01% |
141,615
+135,405
| +2,180% | +$10.2M |
|
388
Bristol-Myers Squibb
BMY
$131B
| $11M | ﹤0.01% |
204,728
-11,414
| -5% | -$549K |
|
389
Sunstone Hotel Investors
SHO
$2.1B
| $11M | ﹤0.01% |
1,234,457
-114,774
| -9% | -$1.05M |
|
390
Kiniksa Pharmaceuticals
KNSA
$5.97B
| $11M | ﹤0.01% |
267,274
-15,014
| -5% | -$602K |
|
391
Alkermes
ALKS
$8.11B
| $10.9M | ﹤0.01% |
390,493
+67,745
| +21% | +$2.03M |
|
392
V2X
VVX
$2.65B
| $10.9M | ﹤0.01% |
200,016
-13,663
| -6% | -$769K |
|
393
Park Hotels & Resorts
PK
$2.89B
| $10.8M | ﹤0.01% |
1,028,023
-1,376
| -0.1% | -$14.7K |
|
394
Halliburton
HAL
$27.1B
| $10.7M | ﹤0.01% |
379,513
-53,364
| -12% | -$1.41M |
|
395
Paycom
PAYC
$10.1B
| $10.7M | ﹤0.01% |
67,142
-9,870
| -13% | -$1.75M |
|
|
MICC
396
The Magnum Ice Cream Company N.V.
MICC
$11.6B
| $10.5M | ﹤0.01% |
+661,378
| New | +$10.4M |
|
397
Outfront Media
OUT
$5.48B
| $10.5M | ﹤0.01% |
433,833
-18,390
| -4% | -$383K |
|
398
Southern Company
SO
$107B
| $10.4M | ﹤0.01% |
119,135
-856
| -0.7% | -$78.1K |
|
|
CURB
399
Curbline Properties
CURB
$3.4B
| $10.4M | ﹤0.01% |
446,894
-39,763
| -8% | -$927K |
|
400
Service Corp International
SCI
$11.6B
| $10.2M | ﹤0.01% |
130,997
-9,866
| -7% | -$789K |
|
Similar funds
Ken Fisher's Q4 2025 Portfolio in Review
As of Q4 2025, Ken Fisher held 1,126 positions worth $293B, up 6% from $276B the previous quarter. Its ten largest holdings account for 34% of the portfolio.
Ken Fisher's Q4 2025 filing shows 112 new, 480 increased, 403 reduced and 109 closed positions. Its largest new stake was Belden: 369,776 shares worth $43.1M. The largest sale was iShares MBS ETF, an estimated $2.05B.
By sector, the portfolio is most concentrated in Technology at 25% of assets, down from 26% a quarter earlier, followed by Financials and Healthcare.
- Ken Fisher's largest Q4 2025 buy was Belden: 369,776 shares worth $43.1M.
- Ken Fisher added most to iShares 7-10 Year Treasury Bond ETF in Q4 2025, an estimated $4.56B increase.
- Ken Fisher's biggest Q4 2025 reduction was iShares MBS ETF, cutting an estimated $2.05B.
- Ken Fisher fully exited Infosys in Q4 2025, selling an estimated $146M.
- Ken Fisher's ten largest holdings make up 34% of its $293B portfolio in Q4 2025.
- Ken Fisher opened 112 new positions and closed 109 in Q4 2025.
- Ken Fisher's portfolio value rose 6% quarter-over-quarter to $293B.
Based on Fisher Asset Management's 13F filing for Q4 2025, filed 9 Feb 2026.