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 |
Netflix
NFLX
|
+$808M |
| 2 |
Amazon
AMZN
|
+$805M |
| 3 |
DOCU
DocuSign
DOCU
|
+$696M |
| 4 |
Intuit
INTU
|
+$684M |
| 5 |
Meta Platforms (Facebook)
META
|
+$662M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Walmart Inc
WMT
|
+$1.14B |
| 2 |
Walt Disney
DIS
|
+$959M |
| 3 |
Intel
INTC
|
+$891M |
| 4 |
UnitedHealth
UNH
|
+$704M |
| 5 |
Visa
V
|
+$609M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 30.01% |
| 2 | Healthcare | 10.79% |
| 3 | Financials | 10.13% |
| 4 | Consumer Discretionary | 9.89% |
| 5 | Communication Services | 8.19% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
SFBS
426
ServisFirst Bancshares
SFBS
$4.87B
| $4.99M | ﹤0.01% |
58,779
+9,179
| +19% | +$748K |
|
427
First Interstate BancSystem
FIBK
$3.57B
| $4.96M | ﹤0.01% |
122,000
+1,000
| +0.8% | +$41.5K |
|
428
Comfort Systems
FIX
$60.3B
| $4.93M | ﹤0.01% |
49,838
+15,789
| +46% | +$1.46M |
|
|
CDMO
429
DELISTED
Avid Bioservices, Inc. Common Stock
CDMO
| $4.89M | ﹤0.01% |
167,653
+41,808
| +33% | +$1.2M |
|
430
iShares Russell 1000 Growth ETF
IWF
$127B
| $4.84M | ﹤0.01% |
63,360
+13,108
| +26% | +$972K |
|
431
Icon
ICLR
$12.4B
| $4.81M | ﹤0.01% |
15,537
+93
| +0.6% | +$26K |
|
432
Micron Technology
MU
$996B
| $4.54M | ﹤0.01% |
48,720
-72
| -0.1% | -$5.62K |
|
|
TMHC
433
DELISTED
Taylor Morrison
TMHC
| $4.49M | ﹤0.01% |
128,345
+5,516
| +4% | +$172K |
|
|
MNTV
434
DELISTED
Momentive Global Inc. Common Stock
MNTV
| $4.36M | ﹤0.01% |
206,001
+15,865
| +8% | +$349K |
|
435
US Bancorp
USB
$99.4B
| $4.32M | ﹤0.01% |
76,828
+5,926
| +8% | +$350K |
|
|
FARO
436
DELISTED
Faro Technologies
FARO
| $4.29M | ﹤0.01% |
61,274
+30,355
| +98% | +$2.18M |
|
437
Sherwin-Williams
SHW
$88.2B
| $4.26M | ﹤0.01% |
+12,088
| New | +$3.91M |
|
438
Nasdaq
NDAQ
$52.9B
| $4.14M | ﹤0.01% |
+59,142
| New | +$4.03M |
|
439
Ingersoll Rand
IR
$34.2B
| $4.09M | ﹤0.01% |
66,094
-346
| -0.5% | -$19.7K |
|
440
LivePerson
LPSN
$27.3M
| $4.04M | ﹤0.01% |
7,546
+527
| +8% | +$366K |
|
|
RDS.B
441
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
| $4.02M | ﹤0.01% |
92,711
-658
| -0.7% | -$29.7K |
|
442
Tesla
TSLA
$1.26T
| $3.83M | ﹤0.01% |
10,884
-735
| -6% | -$247K |
|
443
Worthington Enterprises
WOR
$2.83B
| $3.74M | ﹤0.01% |
111,068
+269
| +0.2% | +$8.85K |
|
444
Vanguard Morningstar Growth ETF
VUG
$229B
| $3.65M | ﹤0.01% |
68,310
+26,928
| +65% | +$1.4M |
|
445
M/I Homes
MHO
$3.71B
| $3.63M | ﹤0.01% |
58,419
+12,468
| +27% | +$745K |
|
446
State Street Energy Select Sector SPDR ETF
XLE
$38.1B
| $3.6M | ﹤0.01% |
129,868
+4,756
| +4% | +$134K |
|
447
Truist Financial
TFC
$64.2B
| $3.59M | ﹤0.01% |
61,371
+53,561
| +686% | +$3.27M |
|
|
SPLK
448
DELISTED
Splunk Inc
SPLK
| $3.59M | ﹤0.01% |
31,025
+3,543
| +13% | +$495K |
|
449
Huazhu Hotels Group
HTHT
$13.2B
| $3.58M | ﹤0.01% |
95,890
| – | – |
|
450
VanEck Oil Services ETF
OIH
$1.94B
| $3.5M | ﹤0.01% |
18,946
+279
| +1% | +$56.2K |
|
Similar funds
Ken Fisher's Q4 2021 Portfolio in Review
As of Q4 2021, Ken Fisher held 1,147 positions worth $179B, up 11% from $161B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Ken Fisher deployed $7.67B of net new capital in Q4 2021, opening 119 new positions and adding to 524 existing holdings. Its largest new stake was DocuSign: 3,052,026 shares worth $465M.
By sector, the portfolio is most concentrated in Technology at 30% of assets, up from 27% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was Walmart Inc, an estimated $1.14B trimmed.
- Ken Fisher's largest Q4 2021 buy was DocuSign: 3,052,026 shares worth $465M.
- Ken Fisher added most to Netflix in Q4 2021, an estimated $808M increase.
- Ken Fisher's biggest Q4 2021 reduction was Walmart Inc, cutting an estimated $1.14B.
- Ken Fisher fully exited Kansas City Southern in Q4 2021, selling an estimated $64.7M.
- Ken Fisher's ten largest holdings make up 32% of its $179B portfolio in Q4 2021.
- Ken Fisher opened 119 new positions and closed 80 in Q4 2021.
- Ken Fisher's portfolio value rose 11% quarter-over-quarter to $179B.
Based on Fisher Asset Management's 13F filing for Q4 2021, filed 2 Feb 2022.