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 | |
|---|---|---|---|---|---|---|
|
CHX
401
DELISTED
ChampionX
CHX
| $10.7M | 0.01% |
365,798
+24,662
| +7% | +$763K |
|
402
Simmons First National
SFNC
$3.4B
| $10.6M | 0.01% |
532,415
+2,415
| +0.5% | +$40.4K |
|
403
Renasant Corp
RNST
$3.96B
| $10.5M | 0.01% |
312,351
| – | – |
|
404
Kaiser Aluminum
KALU
$2.8B
| $10.5M | 0.01% |
147,421
-16,289
| -10% | -$1.03M |
|
405
ACI Worldwide
ACIW
$5.61B
| $10.4M | 0.01% |
340,627
| – | – |
|
406
Associated Banc-Corp
ASB
$5.88B
| $10.3M | 0.01% |
483,000
| – | – |
|
407
Halozyme
HALO
$10.2B
| $10.2M | 0.01% |
276,902
+1,667
| +0.6% | +$62.8K |
|
408
West Pharmaceutical
WST
$24.5B
| $10.1M | 0.01% |
28,608
-659
| -2% | -$233K |
|
409
SiteOne Landscape Supply
SITE
$4.3B
| $10.1M | 0.01% |
61,850
-1,088
| -2% | -$159K |
|
|
PCH
410
DELISTED
PotlatchDeltic
PCH
| $10M | 0.01% |
203,988
-12,412
| -6% | -$568K |
|
411
Granite Construction
GVA
$5.32B
| $9.9M | 0.01% |
194,649
-13,125
| -6% | -$572K |
|
412
Lantheus
LNTH
$6.6B
| $9.83M | 0.01% |
158,504
-3,280
| -2% | -$222K |
|
413
Ecopetrol
EC
$35.8B
| $9.8M | 0.01% |
821,905
-81,240
| -9% | -$985K |
|
414
Tetra Tech
TTEK
$8.89B
| $9.74M | 0.01% |
291,770
-1,390
| -0.5% | -$44.4K |
|
415
Resideo Technologies
REZI
$3.95B
| $9.72M | 0.01% |
516,339
+5,339
| +1% | +$87.4K |
|
416
Manhattan Associates
MANH
$11.1B
| $9.7M | 0.01% |
45,045
-3,511
| -7% | -$743K |
|
417
Factset
FDS
$9.77B
| $9.62M | 0.01% |
20,170
-264
| -1% | -$119K |
|
418
APA Corp
APA
$12.9B
| $9.59M | 0.01% |
267,314
-11,287
| -4% | -$426K |
|
419
Affiliated Managers Group
AMG
$9.83B
| $9.53M | 0.01% |
62,920
-5,204
| -8% | -$699K |
|
420
Viavi Solutions
VIAV
$10B
| $9.42M | 0.01% |
935,842
-92,331
| -9% | -$776K |
|
|
SAGE
421
DELISTED
Sage Therapeutics
SAGE
| $9.36M | ﹤0.01% |
431,925
+32,306
| +8% | +$640K |
|
422
State Street Energy Select Sector SPDR ETF
XLE
$38.1B
| $9.28M | ﹤0.01% |
221,332
+148,310
| +203% | +$6.34M |
|
423
Essential Properties Realty Trust
EPRT
$6.62B
| $9.23M | ﹤0.01% |
361,063
+63
| +0% | +$1.46K |
|
424
Cheesecake Factory
CAKE
$5.34B
| $9.2M | ﹤0.01% |
262,900
-5,689
| -2% | -$182K |
|
425
Pentair
PNR
$11.2B
| $9.19M | ﹤0.01% |
126,437
+1,813
| +1% | +$117K |
|
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.