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 |
iShares 7-10 Year Treasury Bond ETF
IEF
|
+$2.87B |
| 2 |
NVIDIA
NVDA
|
+$358M |
| 3 |
Suncor Energy
SU
|
+$287M |
| 4 |
Microsoft
MSFT
|
+$278M |
| 5 |
Apple
AAPL
|
+$200M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$1.8B |
| 2 |
Canadian Natural Resources
CNQ
|
+$205M |
| 3 |
Intuit
INTU
|
+$177M |
| 4 |
Adobe
ADBE
|
+$120M |
| 5 |
GTLS
Chart Industries
GTLS
|
+$95.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.4% |
| 2 | Financials | 18.68% |
| 3 | Industrials | 9.33% |
| 4 | Healthcare | 8.68% |
| 5 | Communication Services | 6.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
426
Micron Technology
MU
$991B
| $8.22M | ﹤0.01% |
49,122
+187
| +0.4% | +$23.9K |
|
427
State Street SPDR S&P Capital Markets ETF
KCE
$466M
| $7.93M | ﹤0.01% |
51,850
+381
| +0.7% | +$58.4K |
|
428
Align Technology
ALGN
$12.3B
| $7.43M | ﹤0.01% |
59,373
+6,482
| +12% | +$1.02M |
|
429
Manhattan Associates
MANH
$11.4B
| $7.42M | ﹤0.01% |
36,220
-38,883
| -52% | -$8.22M |
|
430
General Motors
GM
$76.8B
| $7.4M | ﹤0.01% |
121,415
-4,391
| -3% | -$245K |
|
431
Acadia Realty Trust
AKR
$2.84B
| $7.31M | ﹤0.01% |
363,011
| – | – |
|
432
Cohen & Steers
CNS
$4.3B
| $7.3M | ﹤0.01% |
111,334
+12,364
| +12% | +$906K |
|
433
iShares Broad USD High Yield Corporate Bond ETF
USHY
$28.7B
| $7.3M | ﹤0.01% |
193,238
-15,753
| -8% | -$590K |
|
434
Altria Group
MO
$114B
| $7.28M | ﹤0.01% |
110,277
+12,888
| +13% | +$817K |
|
435
M&T Bank
MTB
$36.2B
| $7.16M | ﹤0.01% |
36,215
+14,135
| +64% | +$2.77M |
|
436
Lantheus
LNTH
$6.59B
| $7.09M | ﹤0.01% |
138,154
-1
| -0% | -$62 |
|
|
ONT
437
Onterris Inc
ONT
$580M
| $7.08M | ﹤0.01% |
257,872
+39,331
| +18% | +$1.03M |
|
438
Fidelity MSCI Consumer Discretionary Index ETF
FDIS
$1.74B
| $7.06M | ﹤0.01% |
68,606
-2,038
| -3% | -$201K |
|
439
iShares S&P 100 ETF
OEF
$20.6B
| $6.98M | ﹤0.01% |
20,963
-1,618
| -7% | -$515K |
|
440
MakeMyTrip
MMYT
$5.64B
| $6.97M | ﹤0.01% |
74,509
-29,573
| -28% | -$2.87M |
|
441
CBRE Group
CBRE
$42.9B
| $6.86M | ﹤0.01% |
43,533
+21,328
| +96% | +$3.3M |
|
442
CVS Health
CVS
$122B
| $6.72M | ﹤0.01% |
89,099
-5,016
| -5% | -$344K |
|
|
XHR
443
Xenia Hotels & Resorts
XHR
$1.79B
| $6.63M | ﹤0.01% |
483,219
-6,659
| -1% | -$90.5K |
|
444
Walt Disney
DIS
$181B
| $6.58M | ﹤0.01% |
57,507
+11,328
| +25% | +$1.33M |
|
445
Citizens Financial Group
CFG
$30.6B
| $6.45M | ﹤0.01% |
121,362
+43,284
| +55% | +$2.15M |
|
446
STAG Industrial
STAG
$7.19B
| $6.44M | ﹤0.01% |
182,489
-13
| -0% | -$464 |
|
447
Pebblebrook Hotel Trust
PEB
$2.05B
| $6.43M | ﹤0.01% |
564,380
+7,181
| +1% | +$77.4K |
|
448
Diamondrock Hospitality Co
DRH
$2.56B
| $6.25M | ﹤0.01% |
785,231
-118,337
| -13% | -$958K |
|
|
SFBS
449
ServisFirst Bancshares
SFBS
$4.86B
| $6.19M | ﹤0.01% |
76,887
-1,144
| -1% | -$94.8K |
|
450
iShares Russell 1000 Growth ETF
IWF
$128B
| $6.15M | ﹤0.01% |
52,520
+26,916
| +105% | +$3M |
|
Similar funds
Ken Fisher's Q3 2025 Portfolio in Review
As of Q3 2025, Ken Fisher held 1,094 positions worth $276B, up 9.7% from $252B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Ken Fisher's Q3 2025 filing shows 108 new, 450 increased, 424 reduced and 80 closed positions. Its largest new stake was Sanmina: 166,861 shares worth $19.2M. The largest sale was Vanguard Intermediate-Term Corporate Bond ETF, an estimated $1.8B.
By sector, the portfolio is most concentrated in Technology at 26% of assets, up from 25% a quarter earlier, followed by Financials and Industrials.
- Ken Fisher's largest Q3 2025 buy was Sanmina: 166,861 shares worth $19.2M.
- Ken Fisher added most to iShares 7-10 Year Treasury Bond ETF in Q3 2025, an estimated $2.87B increase.
- Ken Fisher's biggest Q3 2025 reduction was Vanguard Intermediate-Term Corporate Bond ETF, cutting an estimated $1.8B.
- Ken Fisher fully exited WEX in Q3 2025, selling an estimated $14.2M.
- Ken Fisher's ten largest holdings make up 32% of its $276B portfolio in Q3 2025.
- Ken Fisher opened 108 new positions and closed 80 in Q3 2025.
- Ken Fisher's portfolio value rose 9.7% quarter-over-quarter to $276B.
Based on Fisher Asset Management's 13F filing for Q3 2025, filed 12 Nov 2025.