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 | |
|---|---|---|---|---|---|---|
451
First Merchants
FRME
$2.69B
| $3.48M | ﹤0.01% |
83,094
+9,193
| +12% | +$385K |
|
|
ESTE
452
DELISTED
Earthstone Energy Inc. Class A Common Stock
ESTE
| $3.41M | ﹤0.01% |
311,612
+183,965
| +144% | +$1.96M |
|
453
State Street SPDR Portfolio Intermediate Term Corporate Bond ETF
SPIB
$11.5B
| $3.31M | ﹤0.01% |
91,575
-5,200
| -5% | -$188K |
|
454
Regeneron Pharmaceuticals
REGN
$79.5B
| $3.29M | ﹤0.01% |
5,216
+142
| +3% | +$87.3K |
|
455
Viatris
VTRS
$19B
| $3.29M | ﹤0.01% |
242,758
-10,016
| -4% | -$134K |
|
456
T. Rowe Price
TROW
$24.2B
| $3.28M | ﹤0.01% |
16,683
+3,735
| +29% | +$759K |
|
457
Consensus Cloud Solutions
CCSI
$687M
| $3.25M | ﹤0.01% |
+56,160
| New | +$3.42M |
|
458
Check Point Software Technologies
CHKP
$12.8B
| $3.23M | ﹤0.01% |
27,730
-925
| -3% | -$107K |
|
|
MNRL
459
DELISTED
Brigham Minerals, Inc. Class A Common Stock
MNRL
| $3.19M | ﹤0.01% |
151,058
+78,327
| +108% | +$1.71M |
|
|
EXAS
460
DELISTED
Exact Sciences
EXAS
| $3.18M | ﹤0.01% |
40,880
+15,511
| +61% | +$1.37M |
|
461
iShares ESG Aware MSCI USA ETF
ESGU
$18.3B
| $3.17M | ﹤0.01% |
29,399
+5,383
| +22% | +$565K |
|
462
VanEck Semiconductor ETF
SMH
$71.8B
| $3.1M | ﹤0.01% |
20,088
+5,016
| +33% | +$725K |
|
463
IQVIA
IQV
$38.3B
| $3.03M | ﹤0.01% |
10,727
-1,358
| -11% | -$352K |
|
464
Advanced Drainage Systems
WMS
$11.4B
| $2.99M | ﹤0.01% |
21,964
+10
| +0% | +$1.23K |
|
465
Hexcel
HXL
$7.79B
| $2.96M | ﹤0.01% |
57,042
-50,149
| -47% | -$2.84M |
|
466
Incyte
INCY
$24B
| $2.89M | ﹤0.01% |
39,316
+454
| +1% | +$30.6K |
|
467
Sarepta Therapeutics
SRPT
$1.77B
| $2.84M | ﹤0.01% |
31,580
+138
| +0.4% | +$11.8K |
|
468
iShares Global Consumer Staples ETF
KXI
$1.07B
| $2.84M | ﹤0.01% |
43,883
-1,495
| -3% | -$92.8K |
|
|
VMW
469
DELISTED
VMware, Inc
VMW
| $2.84M | ﹤0.01% |
24,508
+1,712
| +8% | +$225K |
|
470
First Solar
FSLR
$26.2B
| $2.78M | ﹤0.01% |
31,902
+4,010
| +14% | +$412K |
|
471
Coca-Cola
KO
$374B
| $2.77M | ﹤0.01% |
46,750
+5,485
| +13% | +$305K |
|
472
Stewart Information Services
STC
$2.09B
| $2.74M | ﹤0.01% |
34,348
| – | – |
|
473
Ameris Bancorp
ABCB
$5.92B
| $2.74M | ﹤0.01% |
55,118
+10,811
| +24% | +$559K |
|
474
IBM
IBM
$220B
| $2.68M | ﹤0.01% |
20,062
-8,843
| -31% | -$1.11M |
|
475
J&J Snack Foods
JJSF
$1.71B
| $2.68M | ﹤0.01% |
16,978
+2,496
| +17% | +$375K |
|
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.