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 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$390M |
| 2 |
Apple
AAPL
|
+$310M |
| 3 |
Amazon
AMZN
|
+$233M |
| 4 |
Microsoft
MSFT
|
+$221M |
| 5 |
TotalEnergies
TTE
|
+$204M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Global Energy ETF
IXC
|
+$384M |
| 2 |
Infosys
INFY
|
+$125M |
| 3 |
iShares Global Tech ETF
IXN
|
+$36.8M |
| 4 |
Equinor
EQNR
|
+$26.2M |
| 5 |
Sanofi
SNY
|
+$20.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.88% |
| 2 | Consumer Discretionary | 12.45% |
| 3 | Financials | 11.9% |
| 4 | Healthcare | 10.14% |
| 5 | Communication Services | 6.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CCMP
426
DELISTED
CMC Materials, Inc. Common Stock
CCMP
| $2.6M | ﹤0.01% |
17,212
-3,740
| -18% | -$560K |
|
427
iShares Europe ETF
IEV
$1.7B
| $2.59M | ﹤0.01% |
54,126
-5,989
| -10% | -$269K |
|
428
Rexford Industrial Realty
REXR
$8.18B
| $2.54M | ﹤0.01% |
51,682
-6,742
| -12% | -$328K |
|
429
Regeneron Pharmaceuticals
REGN
$80.8B
| $2.52M | ﹤0.01% |
5,227
-44
| -0.8% | -$23.8K |
|
430
Worthington Enterprises
WOR
$2.86B
| $2.52M | ﹤0.01% |
79,577
-1,192
| -1% | -$37.1K |
|
|
CHX
431
DELISTED
ChampionX
CHX
| $2.51M | ﹤0.01% |
164,167
+39,173
| +31% | +$435K |
|
432
Ross Stores
ROST
$81.5B
| $2.46M | ﹤0.01% |
20,059
-1,907
| -9% | -$200K |
|
433
Coca-Cola
KO
$375B
| $2.46M | ﹤0.01% |
44,807
+5,721
| +15% | +$296K |
|
434
Fidelity National Information Services
FIS
$21.9B
| $2.44M | ﹤0.01% |
17,254
-1,177
| -6% | -$168K |
|
435
Acuity Brands
AYI
$10.8B
| $2.4M | ﹤0.01% |
19,829
+6,387
| +48% | +$685K |
|
|
FRLG
436
DELISTED
Large Cap Growth Index-Linked Exchange Traded Notes due 2028
FRLG
| $2.39M | ﹤0.01% |
10,092
-4,897
| -33% | -$1.04M |
|
437
First Solar
FSLR
$27.3B
| $2.38M | ﹤0.01% |
24,070
+357
| +2% | +$31K |
|
438
IBM
IBM
$222B
| $2.38M | ﹤0.01% |
19,742
-1,650
| -8% | -$191K |
|
439
State Street Energy Select Sector SPDR ETF
XLE
$37.9B
| $2.36M | ﹤0.01% |
124,610
+52,940
| +74% | +$912K |
|
440
iShares MSCI Spain ETF
EWP
$2.16B
| $2.35M | ﹤0.01% |
86,811
-5,401
| -6% | -$135K |
|
441
Installed Building Products
IBP
$6.55B
| $2.31M | ﹤0.01% |
22,652
-5,312
| -19% | -$543K |
|
442
IQVIA
IQV
$38.9B
| $2.31M | ﹤0.01% |
12,883
-605
| -4% | -$102K |
|
443
Genpact
G
$5.81B
| $2.3M | ﹤0.01% |
55,647
-7,290
| -12% | -$288K |
|
444
Vanguard Morningstar Total Stock Market ETF
VTI
$683B
| $2.24M | ﹤0.01% |
11,515
+6,029
| +110% | +$1.1M |
|
445
Snap-on
SNA
$21.5B
| $2.22M | ﹤0.01% |
12,977
-2,549
| -16% | -$426K |
|
446
Hormel Foods
HRL
$13.9B
| $2.22M | ﹤0.01% |
47,602
+6,484
| +16% | +$316K |
|
447
AT&T
T
$163B
| $2.21M | ﹤0.01% |
101,601
+7,156
| +8% | +$154K |
|
448
Tetra Tech
TTEK
$9.06B
| $2.2M | ﹤0.01% |
95,135
+15,815
| +20% | +$356K |
|
449
T. Rowe Price
TROW
$24.4B
| $2.16M | ﹤0.01% |
14,270
-1,559
| -10% | -$223K |
|
450
MakeMyTrip
MMYT
$5.65B
| $2.15M | ﹤0.01% |
72,873
| – | – |
|
Similar funds
Ken Fisher's Q4 2020 Portfolio in Review
As of Q4 2020, Ken Fisher held 1,063 positions worth $133B, up 17% from $114B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Ken Fisher deployed $4.92B of net new capital in Q4 2020, opening 123 new positions and adding to 398 existing holdings. Its largest new stake was TAL Education Group: 1,621,948 shares worth $116M.
By sector, the portfolio is most concentrated in Technology at 26% of assets, down from 26% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was iShares Global Energy ETF, an estimated $384M trimmed.
- Ken Fisher's largest Q4 2020 buy was TAL Education Group: 1,621,948 shares worth $116M.
- Ken Fisher added most to Vanguard Intermediate-Term Corporate Bond ETF in Q4 2020, an estimated $390M increase.
- Ken Fisher's biggest Q4 2020 reduction was iShares Global Energy ETF, cutting an estimated $384M.
- Ken Fisher fully exited Waddell & Reed Financial, Inc. in Q4 2020, selling an estimated $19.5M.
- Ken Fisher's ten largest holdings make up 32% of its $133B portfolio in Q4 2020.
- Ken Fisher opened 123 new positions and closed 53 in Q4 2020.
- Ken Fisher's portfolio value rose 17% quarter-over-quarter to $133B.
Based on Fisher Asset Management's 13F filing for Q4 2020, filed 29 Jan 2021.