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 |
Citigroup
C
|
+$1.16B |
| 2 |
State Street SPDR Portfolio Short Term Treasury ETF
SPTS
|
+$973M |
| 3 |
Boeing
BA
|
+$825M |
| 4 |
Booking.com
BKNG
|
+$807M |
| 5 |
Las Vegas Sands
LVS
|
+$507M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.2B |
| 2 |
Microsoft
MSFT
|
+$1.06B |
| 3 |
Amazon
AMZN
|
+$1.01B |
| 4 |
Netflix
NFLX
|
+$835M |
| 5 |
Meta Platforms (Facebook)
META
|
+$745M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.64% |
| 2 | Financials | 11.65% |
| 3 | Consumer Discretionary | 9.35% |
| 4 | Healthcare | 9.23% |
| 5 | Industrials | 8.15% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
401
Jefferies Financial Group
JEF
$13.1B
| $11.3M | 0.01% |
355,612
-12,835
| -3% | -$464K |
|
402
Kaiser Aluminum
KALU
$3.02B
| $11.2M | 0.01% |
149,929
-14,239
| -9% | -$1.15M |
|
403
Curtiss-Wright
CW
$25.5B
| $11.1M | 0.01% |
62,998
-382
| -0.6% | -$64.7K |
|
404
Hilton Worldwide
HLT
$71.5B
| $11M | 0.01% |
78,370
+54,908
| +234% | +$7.73M |
|
405
Acadia Realty Trust
AKR
$2.84B
| $11M | 0.01% |
776,120
+234,974
| +43% | +$3.41M |
|
406
Alarm.com
ALRM
$2.85B
| $10.9M | 0.01% |
217,142
-19,637
| -8% | -$1.01M |
|
|
ABCM
407
DELISTED
Abcam PLC
ABCM
| $10.9M | 0.01% |
810,579
+36,670
| +5% | +$547K |
|
408
iShares Global Industrials ETF
EXI
$1.48B
| $10.7M | 0.01% |
93,786
-3,791
| -4% | -$423K |
|
409
Tanger
SKT
$4.52B
| $10.7M | 0.01% |
542,640
| – | – |
|
410
Equinor
EQNR
$92.4B
| $10.6M | 0.01% |
371,482
-8,515
| -2% | -$257K |
|
411
Moog Inc Class A
MOG.A
$12.8B
| $10.5M | 0.01% |
104,145
-21
| -0% | -$2.02K |
|
412
Vanguard Morningstar Growth ETF
VUG
$231B
| $10.4M | 0.01% |
250,716
-153,990
| -38% | -$5.99M |
|
413
Banner Corp
BANR
$2.4B
| $10.3M | 0.01% |
188,838
+162,956
| +630% | +$9.95M |
|
414
Cactus
WHD
$5.44B
| $10.3M | 0.01% |
248,720
+274
| +0.1% | +$13.2K |
|
415
Polaris
PII
$4.07B
| $10.2M | 0.01% |
92,363
-327
| -0.4% | -$36.2K |
|
416
AAR Corp
AIR
$5.76B
| $10M | 0.01% |
183,342
+11,983
| +7% | +$621K |
|
417
Factset
FDS
$10.2B
| $9.9M | 0.01% |
23,855
-658
| -3% | -$274K |
|
418
iShares 1-3 Year Treasury Bond ETF
SHY
$25.1B
| $9.89M | 0.01% |
120,413
-2,635
| -2% | -$215K |
|
419
Cheesecake Factory
CAKE
$5.33B
| $9.61M | 0.01% |
274,300
+21,350
| +8% | +$794K |
|
420
Kimberly-Clark
KMB
$36.5B
| $9.55M | 0.01% |
70,604
-8,887
| -11% | -$1.15M |
|
421
UFP Industries
UFPI
$5.19B
| $9.54M | 0.01% |
120,103
-7,598
| -6% | -$650K |
|
422
First Industrial Realty Trust
FR
$8.44B
| $9.54M | 0.01% |
178,254
-20,302
| -10% | -$1.06M |
|
423
ACI Worldwide
ACIW
$5.42B
| $9.51M | 0.01% |
352,344
-92,000
| -21% | -$2.44M |
|
|
PCH
424
DELISTED
PotlatchDeltic
PCH
| $9.5M | 0.01% |
191,882
-1,098
| -0.6% | -$51.5K |
|
|
LSI
425
DELISTED
Life Storage, Inc.
LSI
| $9.44M | 0.01% |
72,006
-8,582
| -11% | -$993K |
|
Similar funds
Ken Fisher's Q1 2023 Portfolio in Review
As of Q1 2023, Ken Fisher held 1,208 positions worth $165B, up 11% from $148B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Ken Fisher's Q1 2023 filing shows 183 new, 335 increased, 567 reduced and 73 closed positions. Its largest new stake was State Street SPDR Portfolio Short Term Treasury ETF: 33,536,153 shares worth $980M. The largest sale was Apple, an estimated $1.2B.
By sector, the portfolio is most concentrated in Technology at 27% of assets, up from 25% a quarter earlier, followed by Financials and Consumer Discretionary.
- Ken Fisher's largest Q1 2023 buy was State Street SPDR Portfolio Short Term Treasury ETF: 33,536,153 shares worth $980M.
- Ken Fisher added most to Citigroup in Q1 2023, an estimated $1.16B increase.
- Ken Fisher's biggest Q1 2023 reduction was Apple, cutting an estimated $1.2B.
- Ken Fisher fully exited SVB Financial Group in Q1 2023, selling an estimated $114M.
- Ken Fisher's ten largest holdings make up 26% of its $165B portfolio in Q1 2023.
- Ken Fisher opened 183 new positions and closed 73 in Q1 2023.
- Ken Fisher's portfolio value rose 11% quarter-over-quarter to $165B.
Based on Fisher Asset Management's 13F filing for Q1 2023, filed 1 May 2023.