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 |
Procter & Gamble
PG
|
+$784M |
| 2 |
PepsiCo
PEP
|
+$635M |
| 3 |
UnitedHealth
UNH
|
+$599M |
| 4 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$376M |
| 5 |
JPMorgan Chase
JPM
|
+$359M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ExxonMobil
XOM
|
+$510M |
| 2 |
HES
Hess
HES
|
+$465M |
| 3 |
Uber
UBER
|
+$413M |
| 4 |
SLB Ltd
SLB
|
+$404M |
| 5 |
PayPal
PYPL
|
+$354M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.64% |
| 2 | Financials | 10.93% |
| 3 | Healthcare | 9.92% |
| 4 | Consumer Discretionary | 9.41% |
| 5 | Industrials | 7.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
EXAS
401
DELISTED
Exact Sciences
EXAS
| $10.5M | 0.01% |
154,369
+42,305
| +38% | +$3.59M |
|
402
Halozyme
HALO
$12B
| $10.5M | 0.01% |
275,235
-154,084
| -36% | -$6.31M |
|
403
Ecopetrol
EC
$34.1B
| $10.5M | 0.01% |
903,145
+58,063
| +7% | +$665K |
|
404
SiteOne Landscape Supply
SITE
$4.56B
| $10.3M | 0.01% |
62,938
+994
| +2% | +$162K |
|
|
PCH
405
DELISTED
PotlatchDeltic
PCH
| $9.82M | 0.01% |
216,400
+28,579
| +15% | +$1.41M |
|
406
Manhattan Associates
MANH
$11.4B
| $9.6M | 0.01% |
48,556
+6,000
| +14% | +$1.17M |
|
407
XP
XP
$8.34B
| $9.57M | 0.01% |
415,086
-3,466
| -0.8% | -$86.9K |
|
408
Viavi Solutions
VIAV
$9.63B
| $9.4M | 0.01% |
1,028,173
+940
| +0.1% | +$9.79K |
|
409
Trustmark
TRMK
$2.76B
| $9.32M | 0.01% |
429,033
+91,170
| +27% | +$2.12M |
|
410
Vertex Pharmaceuticals
VRTX
$125B
| $9.16M | 0.01% |
26,346
-3,105
| -11% | -$1.09M |
|
411
STAG Industrial
STAG
$7.16B
| $9.12M | 0.01% |
264,355
-38,379
| -13% | -$1.39M |
|
412
Simmons First National
SFNC
$3.4B
| $8.99M | 0.01% |
530,000
+126,000
| +31% | +$2.27M |
|
413
Factset
FDS
$10.1B
| $8.93M | 0.01% |
20,434
+350
| +2% | +$149K |
|
414
Tetra Tech
TTEK
$9.05B
| $8.91M | 0.01% |
293,160
+2,410
| +0.8% | +$78.3K |
|
415
Affiliated Managers Group
AMG
$9.83B
| $8.88M | 0.01% |
68,124
+2,578
| +4% | +$361K |
|
416
Global Payments
GPN
$22.7B
| $8.78M | 0.01% |
76,123
-364,795
| -83% | -$43.4M |
|
|
SWN
417
DELISTED
Southwestern Energy Company
SWN
| $8.68M | ﹤0.01% |
1,345,319
+61,882
| +5% | +$395K |
|
418
Atlantic Union Bankshares
AUB
$5.94B
| $8.66M | ﹤0.01% |
301,000
+92,000
| +44% | +$2.73M |
|
419
McDonald's
MCD
$195B
| $8.4M | ﹤0.01% |
31,870
+604
| +2% | +$172K |
|
420
Associated Banc-Corp
ASB
$5.9B
| $8.26M | ﹤0.01% |
483,000
+47,000
| +11% | +$827K |
|
|
SAGE
421
DELISTED
Sage Therapeutics
SAGE
| $8.22M | ﹤0.01% |
399,619
-31,527
| -7% | -$911K |
|
422
Renasant Corp
RNST
$3.92B
| $8.18M | ﹤0.01% |
312,351
+29,000
| +10% | +$816K |
|
423
Fidelity MSCI Consumer Discretionary Index ETF
FDIS
$1.74B
| $8.16M | ﹤0.01% |
116,841
-7,704
| -6% | -$566K |
|
424
Cheesecake Factory
CAKE
$5.32B
| $8.14M | ﹤0.01% |
268,589
-5,411
| -2% | -$180K |
|
425
Resideo Technologies
REZI
$3.94B
| $8.07M | ﹤0.01% |
511,000
| – | – |
|
Similar funds
Ken Fisher's Q3 2023 Portfolio in Review
As of Q3 2023, Ken Fisher held 1,293 positions worth $176B, down 2.5% from $181B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Ken Fisher's Q3 2023 filing shows 130 new, 437 increased, 474 reduced and 125 closed positions. Its largest new stake was Murphy Oil: 991,976 shares worth $45M. The largest sale was ExxonMobil, an estimated $510M.
By sector, the portfolio is most concentrated in Technology at 27% of assets, down from 28% a quarter earlier, followed by Financials and Healthcare.
- Ken Fisher's largest Q3 2023 buy was Murphy Oil: 991,976 shares worth $45M.
- Ken Fisher added most to Procter & Gamble in Q3 2023, an estimated $784M increase.
- Ken Fisher's biggest Q3 2023 reduction was ExxonMobil, cutting an estimated $510M.
- Ken Fisher fully exited PDC Energy, Inc. in Q3 2023, selling an estimated $78.7M.
- Ken Fisher's ten largest holdings make up 27% of its $176B portfolio in Q3 2023.
- Ken Fisher opened 130 new positions and closed 125 in Q3 2023.
- Ken Fisher's portfolio value fell 2.5% quarter-over-quarter to $176B.
Based on Fisher Asset Management's 13F filing for Q3 2023, filed 13 Nov 2023.