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 |
Procter & Gamble
PG
|
+$784M |
| 2 |
PepsiCo
PEP
|
+$635M |
| 3 |
UnitedHealth
UNH
|
+$599M |
| 4 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$376M |
| 5 |
JPMorgan Chase
JPM
|
+$359M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ExxonMobil
XOM
|
+$510M |
| 2 |
HES
Hess
HES
|
+$465M |
| 3 |
Uber
UBER
|
+$413M |
| 4 |
SLB Ltd
SLB
|
+$404M |
| 5 |
PayPal
PYPL
|
+$354M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.64% |
| 2 | Financials | 10.93% |
| 3 | Healthcare | 9.92% |
| 4 | Consumer Discretionary | 9.41% |
| 5 | Industrials | 7.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
426
Pentair
PNR
$11.2B
| $8.07M | ﹤0.01% |
124,624
-196,255
| -61% | -$13.2M |
|
427
Ameris Bancorp
ABCB
$5.91B
| $8.06M | ﹤0.01% |
209,922
+41,617
| +25% | +$1.65M |
|
428
iShares MSCI France ETF
EWQ
$344M
| $7.95M | ﹤0.01% |
223,336
-17,073
| -7% | -$643K |
|
|
ABCM
429
DELISTED
Abcam PLC
ABCM
| $7.9M | ﹤0.01% |
349,266
-461,853
| -57% | -$10.6M |
|
430
Granite Construction
GVA
$5.6B
| $7.9M | ﹤0.01% |
207,774
+25,175
| +14% | +$1.02M |
|
431
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$16.6B
| $7.85M | ﹤0.01% |
106,511
+5,247
| +5% | +$392K |
|
432
iShares ESG Aware MSCI USA ETF
ESGU
$18.4B
| $7.84M | ﹤0.01% |
83,444
+17,656
| +27% | +$1.73M |
|
433
Essential Properties Realty Trust
EPRT
$6.62B
| $7.81M | ﹤0.01% |
361,000
| – | – |
|
434
ACI Worldwide
ACIW
$5.4B
| $7.68M | ﹤0.01% |
340,627
-2,815
| -0.8% | -$65.8K |
|
435
Columbus McKinnon
CMCO
$596M
| $7.66M | ﹤0.01% |
219,280
-6,261
| -3% | -$239K |
|
436
First Industrial Realty Trust
FR
$8.43B
| $7.63M | ﹤0.01% |
160,370
-17,884
| -10% | -$921K |
|
437
TechnipFMC
FTI
$27.2B
| $7.59M | ﹤0.01% |
373,365
-2,236,122
| -86% | -$42.2M |
|
438
Devon Energy
DVN
$47.7B
| $7.53M | ﹤0.01% |
157,850
-1,602,442
| -91% | -$80.7M |
|
439
Synopsys
SNPS
$78.9B
| $7.46M | ﹤0.01% |
16,244
+1,547
| +11% | +$692K |
|
440
Pebblebrook Hotel Trust
PEB
$2.05B
| $7.43M | ﹤0.01% |
546,639
+129,365
| +31% | +$1.86M |
|
|
IMGN
441
DELISTED
Immunogen Inc
IMGN
| $7.15M | ﹤0.01% |
450,795
-252,122
| -36% | -$4.19M |
|
442
General Mills
GIS
$19.6B
| $7.06M | ﹤0.01% |
110,255
-50,019
| -31% | -$3.53M |
|
|
HEES
443
DELISTED
H&E Equipment Services
HEES
| $7.05M | ﹤0.01% |
163,125
+11,746
| +8% | +$535K |
|
444
Extra Space Storage
EXR
$31.6B
| $7.02M | ﹤0.01% |
+57,767
| New | +$7.75M |
|
445
Vicor
VICR
$10.3B
| $6.97M | ﹤0.01% |
118,354
+4,017
| +4% | +$266K |
|
446
Neurocrine Biosciences
NBIX
$16.7B
| $6.96M | ﹤0.01% |
61,827
-179
| -0.3% | -$18.8K |
|
447
First Interstate BancSystem
FIBK
$3.59B
| $6.78M | ﹤0.01% |
272,000
+58,000
| +27% | +$1.51M |
|
448
Morningstar
MORN
$7.53B
| $6.67M | ﹤0.01% |
28,462
| – | – |
|
|
SPLK
449
DELISTED
Splunk Inc
SPLK
| $6.63M | ﹤0.01% |
45,311
-938
| -2% | -$106K |
|
450
Independent Bank
INDB
$4B
| $6.59M | ﹤0.01% |
134,317
+30,696
| +30% | +$1.63M |
|
Similar funds
Ken Fisher's Q3 2023 Portfolio in Review
As of Q3 2023, Ken Fisher held 1,293 positions worth $176B, down 2.5% from $181B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Ken Fisher's Q3 2023 filing shows 130 new, 437 increased, 474 reduced and 125 closed positions. Its largest new stake was Murphy Oil: 991,976 shares worth $45M. The largest sale was ExxonMobil, an estimated $510M.
By sector, the portfolio is most concentrated in Technology at 27% of assets, down from 28% a quarter earlier, followed by Financials and Healthcare.
- Ken Fisher's largest Q3 2023 buy was Murphy Oil: 991,976 shares worth $45M.
- Ken Fisher added most to Procter & Gamble in Q3 2023, an estimated $784M increase.
- Ken Fisher's biggest Q3 2023 reduction was ExxonMobil, cutting an estimated $510M.
- Ken Fisher fully exited PDC Energy, Inc. in Q3 2023, selling an estimated $78.7M.
- Ken Fisher's ten largest holdings make up 27% of its $176B portfolio in Q3 2023.
- Ken Fisher opened 130 new positions and closed 125 in Q3 2023.
- Ken Fisher's portfolio value fell 2.5% quarter-over-quarter to $176B.
Based on Fisher Asset Management's 13F filing for Q3 2023, filed 13 Nov 2023.