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
|
+$821M |
| 2 |
State Street SPDR Portfolio Long Term Treasury ETF
SPTL
|
+$568M |
| 3 |
Advanced Micro Devices
AMD
|
+$428M |
| 4 |
XYZ
Block Inc
XYZ
|
+$419M |
| 5 |
VanEck Semiconductor ETF
SMH
|
+$333M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$683M |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$488M |
| 3 |
Marvell Technology
MRVL
|
+$420M |
| 4 |
iShares Expanded Tech-Software Sector ETF
IGV
|
+$375M |
| 5 |
PayPal
PYPL
|
+$326M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.02% |
| 2 | Financials | 12.11% |
| 3 | Healthcare | 10.27% |
| 4 | Consumer Discretionary | 8.74% |
| 5 | Industrials | 6.96% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
TGI
426
DELISTED
Triumph Group
TGI
| $8.63M | 0.01% |
+820,509
| New | +$8.48M |
|
427
Federal Realty Investment Trust
FRT
$10.3B
| $8.61M | 0.01% |
+85,170
| New | +$8.62M |
|
428
UnitedHealth
UNH
$372B
| $8.59M | 0.01% |
16,206
-20,408
| -56% | -$10.8M |
|
429
SouthState Bank Corp
SSB
$10.5B
| $8.55M | 0.01% |
111,919
+102,004
| +1,029% | +$8.56M |
|
|
PCH
430
DELISTED
PotlatchDeltic
PCH
| $8.49M | 0.01% |
192,980
+52,316
| +37% | +$2.37M |
|
431
Global Net Lease
GNL
$1.92B
| $8.48M | 0.01% |
+674,829
| New | +$8.37M |
|
432
Las Vegas Sands
LVS
$29.3B
| $8.48M | 0.01% |
+176,381
| New | +$7.48M |
|
|
K
433
DELISTED
Kellanova
K
| $8.48M | 0.01% |
126,726
+37,123
| +41% | +$2.52M |
|
434
Tetra Tech
TTEK
$9B
| $8.45M | 0.01% |
291,080
+63,750
| +28% | +$1.84M |
|
435
iShares MSCI France ETF
EWQ
$345M
| $8.38M | 0.01% |
252,999
-1,549
| -0.6% | -$48.5K |
|
436
First Interstate BancSystem
FIBK
$3.59B
| $8.27M | 0.01% |
214,000
| – | – |
|
437
Southern Company
SO
$107B
| $8.26M | 0.01% |
115,670
+32,795
| +40% | +$2.19M |
|
438
NNN REIT
NNN
$9.01B
| $8.26M | 0.01% |
+180,472
| New | +$7.85M |
|
439
Fidelity MSCI Consumer Discretionary Index ETF
FDIS
$1.74B
| $8.18M | 0.01% |
144,286
-3,686
| -2% | -$224K |
|
|
AYX
440
DELISTED
Alteryx Inc
AYX
| $8.13M | 0.01% |
160,485
-9,336
| -5% | -$446K |
|
441
SiteOne Landscape Supply
SITE
$4.57B
| $8.05M | 0.01% |
68,611
+24,824
| +57% | +$2.89M |
|
442
Cheesecake Factory
CAKE
$5.29B
| $8.02M | 0.01% |
+252,950
| New | +$8.45M |
|
|
LSI
443
DELISTED
Life Storage, Inc.
LSI
| $7.94M | 0.01% |
+80,588
| New | +$8.44M |
|
|
EXAS
444
DELISTED
Exact Sciences
EXAS
| $7.87M | 0.01% |
158,893
+35,542
| +29% | +$1.45M |
|
|
XHR
445
Xenia Hotels & Resorts
XHR
$1.8B
| $7.85M | 0.01% |
+595,530
| New | +$8.86M |
|
446
Columbus McKinnon
CMCO
$601M
| $7.82M | 0.01% |
240,839
+208,620
| +648% | +$6.16M |
|
447
Broadstone Net Lease
BNL
$3.96B
| $7.81M | 0.01% |
+481,997
| New | +$8.06M |
|
448
Acadia Realty Trust
AKR
$2.87B
| $7.76M | 0.01% |
541,146
+199,146
| +58% | +$2.81M |
|
449
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$16.6B
| $7.74M | 0.01% |
105,093
+85,215
| +429% | +$6.28M |
|
450
ICU Medical
ICUI
$4.63B
| $7.72M | 0.01% |
49,000
| – | – |
|
Similar funds
Ken Fisher's Q4 2022 Portfolio in Review
As of Q4 2022, Ken Fisher held 1,228 positions worth $148B, up 11% from $133B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Ken Fisher's Q4 2022 filing shows 150 new, 438 increased, 394 reduced and 203 closed positions. Its largest new stake was Macerich: 4,023,537 shares worth $45.3M. The largest sale was iShares iBoxx $ Investment Grade Corporate Bond ETF, an estimated $683M.
By sector, the portfolio is most concentrated in Technology at 25% of assets, down from 26% a quarter earlier, followed by Financials and Healthcare.
- Ken Fisher's largest Q4 2022 buy was Macerich: 4,023,537 shares worth $45.3M.
- Ken Fisher added most to Vanguard Intermediate-Term Corporate Bond ETF in Q4 2022, an estimated $821M increase.
- Ken Fisher's biggest Q4 2022 reduction was iShares iBoxx $ Investment Grade Corporate Bond ETF, cutting an estimated $683M.
- Ken Fisher fully exited Fair Isaac in Q4 2022, selling an estimated $35.3M.
- Ken Fisher's ten largest holdings make up 26% of its $148B portfolio in Q4 2022.
- Ken Fisher opened 150 new positions and closed 203 in Q4 2022.
- Ken Fisher's portfolio value rose 11% quarter-over-quarter to $148B.
Based on Fisher Asset Management's 13F filing for Q4 2022, filed 3 Feb 2023.