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 | |
|---|---|---|---|---|---|---|
451
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.55B
| $2.14M | ﹤0.01% |
51,383
-233
| -0.5% | -$9.08K |
|
452
Steel Dynamics
STLD
$37.6B
| $2.11M | ﹤0.01% |
57,291
+7,595
| +15% | +$264K |
|
453
Progressive
PGR
$125B
| $2.11M | ﹤0.01% |
21,327
-1,718
| -7% | -$163K |
|
454
Icon
ICLR
$12.7B
| $2.11M | ﹤0.01% |
10,802
+1,742
| +19% | +$341K |
|
455
PetMed Express
PETS
$42.3M
| $2.1M | ﹤0.01% |
65,534
-10,230
| -14% | -$315K |
|
456
Invesco China Technology ETF
CQQQ
$3.22B
| $2.08M | ﹤0.01% |
25,278
-35
| -0.1% | -$2.68K |
|
457
Teleflex
TFX
$5.98B
| $2.05M | ﹤0.01% |
4,988
+750
| +18% | +$277K |
|
458
Republic Services
RSG
$66B
| $2.01M | ﹤0.01% |
20,913
-1,507
| -7% | -$143K |
|
459
Vanguard Morningstar Growth ETF
VUG
$231B
| $1.99M | ﹤0.01% |
47,052
+5,388
| +13% | +$215K |
|
460
First Merchants
FRME
$2.67B
| $1.99M | ﹤0.01% |
53,054
-1,681
| -3% | -$52.2K |
|
461
Expeditors International
EXPD
$23.2B
| $1.98M | ﹤0.01% |
20,790
-2,829
| -12% | -$258K |
|
|
KYO
462
DELISTED
Kyocera Adr
KYO
| $1.96M | ﹤0.01% |
31,979
-1,785
| -5% | -$109K |
|
463
GE Aerospace
GE
$384B
| $1.95M | ﹤0.01% |
36,138
+5,931
| +20% | +$266K |
|
464
Altria Group
MO
$114B
| $1.86M | ﹤0.01% |
45,475
-871
| -2% | -$35K |
|
465
iShares MSCI ACWI ETF
ACWI
$33.5B
| $1.85M | ﹤0.01% |
20,391
-34,023
| -63% | -$2.91M |
|
466
MYR Group
MYRG
$5.25B
| $1.84M | ﹤0.01% |
30,637
-7,461
| -20% | -$371K |
|
467
Petrobras Class A
PBR.A
$103B
| $1.82M | ﹤0.01% |
164,202
| – | – |
|
468
Amdocs
DOX
$6.22B
| $1.8M | ﹤0.01% |
25,394
-3,357
| -12% | -$211K |
|
469
Broadcom
AVGO
$2.04T
| $1.78M | ﹤0.01% |
40,750
+19,010
| +87% | +$741K |
|
470
VanEck Semiconductor ETF
SMH
$73.2B
| $1.77M | ﹤0.01% |
16,190
+878
| +6% | +$87K |
|
471
J&J Snack Foods
JJSF
$1.71B
| $1.76M | ﹤0.01% |
11,345
+2,581
| +29% | +$376K |
|
|
FIHD
472
DELISTED
UBS AG FI Enhanced Global High Yield ETN
FIHD
| $1.76M | ﹤0.01% |
9,564
-7,875
| -45% | -$1.32M |
|
473
General Dynamics
GD
$106B
| $1.74M | ﹤0.01% |
11,706
+841
| +8% | +$123K |
|
|
FARO
474
DELISTED
Faro Technologies
FARO
| $1.74M | ﹤0.01% |
24,586
-5,035
| -17% | -$333K |
|
475
Marriott International
MAR
$92.3B
| $1.74M | ﹤0.01% |
13,158
-2,143
| -14% | -$245K |
|
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.