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 |
SAP
SAP
|
+$2.15B |
| 2 |
UBS Group
UBS
|
+$1.53B |
| 3 |
BP
BP
|
+$1.23B |
| 4 |
Spotify
SPOT
|
+$1.13B |
| 5 |
Barclays
BCS
|
+$1.09B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$2.73B |
| 2 |
Advanced Micro Devices
AMD
|
+$2.53B |
| 3 |
Alphabet (Google) Class A
GOOGL
|
+$2.47B |
| 4 |
Broadcom
AVGO
|
+$2.43B |
| 5 |
Netflix
NFLX
|
+$2.34B |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 24.26% |
| 2 | Financials | 16.92% |
| 3 | Healthcare | 11.65% |
| 4 | Industrials | 8.55% |
| 5 | Energy | 7.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
401
Ameris Bancorp
ABCB
$5.89B
| $11M | ﹤0.01% |
191,289
-50,531
| -21% | -$3.15M |
|
402
Viavi Solutions
VIAV
$9.66B
| $10.9M | ﹤0.01% |
972,839
-28,628
| -3% | -$319K |
|
403
Essential Properties Realty Trust
EPRT
$6.62B
| $10.7M | ﹤0.01% |
329,161
+511
| +0.2% | +$16.2K |
|
404
Southern Company
SO
$107B
| $10.7M | ﹤0.01% |
116,279
+1,990
| +2% | +$172K |
|
405
Halliburton
HAL
$26.6B
| $10.6M | ﹤0.01% |
419,331
-75,349
| -15% | -$1.98M |
|
406
Alkermes
ALKS
$8.25B
| $10.6M | ﹤0.01% |
321,681
-9,678
| -3% | -$316K |
|
407
Acushnet Holdings
GOLF
$5.46B
| $10.6M | ﹤0.01% |
+154,269
| New | +$10.5M |
|
408
Service Corp International
SCI
$11.6B
| $10.6M | ﹤0.01% |
131,756
+128,188
| +3,593% | +$10.1M |
|
409
Neurocrine Biosciences
NBIX
$16.6B
| $10.5M | ﹤0.01% |
95,257
+3,153
| +3% | +$399K |
|
410
Workday
WDAY
$44.4B
| $10.5M | ﹤0.01% |
44,967
-63,216
| -58% | -$16.1M |
|
411
FNB Corp
FNB
$6.75B
| $10.4M | ﹤0.01% |
774,298
+107,308
| +16% | +$1.58M |
|
412
ResMed
RMD
$30.7B
| $10.4M | ﹤0.01% |
46,458
+3,430
| +8% | +$801K |
|
413
iShares S&P 100 ETF
OEF
$20.6B
| $10.3M | ﹤0.01% |
37,951
-23,004
| -38% | -$6.61M |
|
414
Credicorp
BAP
$30.7B
| $10.2M | ﹤0.01% |
54,703
+6,982
| +15% | +$1.3M |
|
415
Yum! Brands
YUM
$41.1B
| $9.76M | ﹤0.01% |
62,042
-1,449
| -2% | -$209K |
|
416
Cooper Companies
COO
$14.5B
| $9.56M | ﹤0.01% |
113,335
-7,533
| -6% | -$675K |
|
417
Myriad Genetics
MYGN
$312M
| $9.54M | ﹤0.01% |
1,075,215
+170,006
| +19% | +$2.04M |
|
418
iShares ESG Aware MSCI USA ETF
ESGU
$18.4B
| $9.51M | ﹤0.01% |
77,984
-13,809
| -15% | -$1.78M |
|
419
Chord Energy
CHRD
$7.39B
| $9.5M | ﹤0.01% |
84,266
-1,932
| -2% | -$219K |
|
420
Wynn Resorts
WYNN
$10.6B
| $9.39M | ﹤0.01% |
112,467
-2,218,935
| -95% | -$189M |
|
421
Align Technology
ALGN
$12.3B
| $9.14M | ﹤0.01% |
57,551
-70,349
| -55% | -$13.8M |
|
422
Levi Strauss
LEVI
$9.39B
| $8.97M | ﹤0.01% |
+575,653
| New | +$10M |
|
423
Kaiser Aluminum
KALU
$3.02B
| $8.94M | ﹤0.01% |
147,421
| – | – |
|
424
iShares US Medical Devices ETF
IHI
$3.38B
| $8.85M | ﹤0.01% |
147,066
-1,001,666
| -87% | -$62.2M |
|
425
Sumitomo Mitsui Financial
SMFG
$164B
| $8.84M | ﹤0.01% |
571,750
+387,921
| +211% | +$5.9M |
|
Similar funds
Ken Fisher's Q1 2025 Portfolio in Review
As of Q1 2025, Ken Fisher held 1,092 positions worth $231B, down 8.1% from $251B the previous quarter. Its ten largest holdings account for 30% of the portfolio.
Ken Fisher withdrew a net $11.5B in Q1 2025, closing 93 positions and reducing 435 holdings. Its most notable exit was United Microelectronic, an estimated $47.4M position sold in full.
By sector, the portfolio is most concentrated in Technology at 24% of assets, down from 30% a quarter earlier, followed by Financials and Healthcare.
Against the trend, Ken Fisher opened a new position in Spotify worth $1.12B.
- Ken Fisher's largest Q1 2025 buy was Spotify: 2,028,898 shares worth $1.12B.
- Ken Fisher added most to SAP in Q1 2025, an estimated $2.15B increase.
- Ken Fisher's biggest Q1 2025 reduction was Amazon, cutting an estimated $2.73B.
- Ken Fisher fully exited United Microelectronic in Q1 2025, selling an estimated $47.4M.
- Ken Fisher's ten largest holdings make up 30% of its $231B portfolio in Q1 2025.
- Ken Fisher opened 117 new positions and closed 93 in Q1 2025.
- Ken Fisher's portfolio value fell 8.1% quarter-over-quarter to $231B.
Based on Fisher Asset Management's 13F filing for Q1 2025, filed 14 May 2025.