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 |
Royal Bank of Canada
RY
|
+$647M |
| 2 |
Sony
SONY
|
+$407M |
| 3 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$394M |
| 4 |
SAP
SAP
|
+$333M |
| 5 |
Canadian Pacific Kansas City
CP
|
+$308M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Oracle
ORCL
|
+$1.41B |
| 2 |
NVIDIA
NVDA
|
+$1.04B |
| 3 |
Salesforce
CRM
|
+$1.02B |
| 4 |
Eli Lilly
LLY
|
+$883M |
| 5 |
JPMorgan Chase
JPM
|
+$764M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.47% |
| 2 | Financials | 18.4% |
| 3 | Industrials | 9.35% |
| 4 | Healthcare | 9.18% |
| 5 | Communication Services | 6.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
401
Trinity Industries
TRN
$2.59B
| $10.8M | ﹤0.01% |
399,689
-2,426
| -0.6% | -$62.6K |
|
402
Insulet
PODD
$9.23B
| $10.5M | ﹤0.01% |
33,519
-12,903
| -28% | -$3.72M |
|
403
Park Hotels & Resorts
PK
$3.01B
| $10.5M | ﹤0.01% |
1,029,400
-484,233
| -32% | -$4.93M |
|
404
Bristol-Myers Squibb
BMY
$130B
| $10.5M | ﹤0.01% |
226,976
+6,237
| +3% | +$306K |
|
405
Yum! Brands
YUM
$41.6B
| $10.4M | ﹤0.01% |
70,125
+8,083
| +13% | +$1.18M |
|
406
MakeMyTrip
MMYT
$5.76B
| $10.2M | ﹤0.01% |
104,082
-25,307
| -20% | -$2.55M |
|
407
Toll Brothers
TOL
$14.5B
| $10.1M | ﹤0.01% |
88,890
-126,374
| -59% | -$13.1M |
|
408
V2X
VVX
$2.44B
| $10.1M | ﹤0.01% |
207,944
-27,742
| -12% | -$1.32M |
|
409
Materion
MTRN
$6.18B
| $10.1M | ﹤0.01% |
127,168
-31,433
| -20% | -$2.48M |
|
410
Align Technology
ALGN
$12.5B
| $10M | ﹤0.01% |
52,891
-4,660
| -8% | -$823K |
|
411
Core Laboratories
CLB
$502M
| $10M | ﹤0.01% |
867,726
-143,838
| -14% | -$1.71M |
|
412
ProPetro Holding
PUMP
$1.35B
| $9.67M | ﹤0.01% |
1,619,120
+3,418
| +0.2% | +$19.6K |
|
413
Pentair
PNR
$11B
| $9.62M | ﹤0.01% |
93,727
-1,674
| -2% | -$156K |
|
414
Teradyne
TER
$60.9B
| $9.29M | ﹤0.01% |
103,299
-820
| -0.8% | -$65.5K |
|
415
Workday
WDAY
$42.1B
| $9.24M | ﹤0.01% |
38,500
-6,467
| -14% | -$1.58M |
|
416
iShares ESG Aware MSCI USA ETF
ESGU
$18.3B
| $9.21M | ﹤0.01% |
68,103
-9,881
| -13% | -$1.23M |
|
417
Williams-Sonoma
WSM
$29.2B
| $9.19M | ﹤0.01% |
56,267
+51,845
| +1,172% | +$8.14M |
|
418
Independent Bank
INDB
$4.08B
| $9.11M | ﹤0.01% |
144,903
-33,736
| -19% | -$2.05M |
|
419
Halliburton
HAL
$26.6B
| $8.98M | ﹤0.01% |
440,504
+21,173
| +5% | +$444K |
|
420
Enterprise Financial Services Corp
EFSC
$2.42B
| $8.94M | ﹤0.01% |
162,205
-1,582
| -1% | -$82.5K |
|
|
NUVL
421
DELISTED
Nuvalent
NUVL
| $8.76M | ﹤0.01% |
114,761
-6,577
| -5% | -$481K |
|
422
Associated Banc-Corp
ASB
$5.95B
| $8.71M | ﹤0.01% |
357,009
+9
| +0% | +$203 |
|
|
EXAS
423
DELISTED
Exact Sciences
EXAS
| $8.4M | ﹤0.01% |
158,029
-27,925
| -15% | -$1.42M |
|
424
Alkermes
ALKS
$8.32B
| $8.35M | ﹤0.01% |
291,947
-29,734
| -9% | -$885K |
|
425
Chord Energy
CHRD
$7.32B
| $8.1M | ﹤0.01% |
83,636
-630
| -0.7% | -$60K |
|
Similar funds
Ken Fisher's Q2 2025 Portfolio in Review
As of Q2 2025, Ken Fisher held 1,093 positions worth $252B, up 9% from $231B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Ken Fisher's Q2 2025 filing shows 94 new, 337 increased, 522 reduced and 107 closed positions. Its largest new stake was Canadian National Railway: 1,823,800 shares worth $190M. The largest sale was Oracle, an estimated $1.41B.
By sector, the portfolio is most concentrated in Technology at 25% of assets, up from 24% a quarter earlier, followed by Financials and Industrials.
- Ken Fisher's largest Q2 2025 buy was Canadian National Railway: 1,823,800 shares worth $190M.
- Ken Fisher added most to Royal Bank of Canada in Q2 2025, an estimated $647M increase.
- Ken Fisher's biggest Q2 2025 reduction was Oracle, cutting an estimated $1.41B.
- Ken Fisher fully exited Tenable Holdings in Q2 2025, selling an estimated $43.2M.
- Ken Fisher's ten largest holdings make up 31% of its $252B portfolio in Q2 2025.
- Ken Fisher opened 94 new positions and closed 107 in Q2 2025.
- Ken Fisher's portfolio value rose 9% quarter-over-quarter to $252B.
Based on Fisher Asset Management's 13F filing for Q2 2025, filed 13 Aug 2025.