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 |
PepsiCo
PEP
|
+$821M |
| 2 |
UnitedHealth
UNH
|
+$757M |
| 3 |
Procter & Gamble
PG
|
+$646M |
| 4 |
ExxonMobil
XOM
|
+$580M |
| 5 |
Broadcom
AVGO
|
+$544M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
XYZ
Block Inc
XYZ
|
+$700M |
| 2 |
SLB Ltd
SLB
|
+$562M |
| 3 |
PayPal
PYPL
|
+$554M |
| 4 |
Target
TGT
|
+$476M |
| 5 |
Uber
UBER
|
+$428M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 27.95% |
| 2 | Financials | 10.94% |
| 3 | Healthcare | 9.68% |
| 4 | Consumer Discretionary | 9.44% |
| 5 | Industrials | 7.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
451
NNN REIT
NNN
$9.01B
| $7.72M | ﹤0.01% |
180,472
| – | – |
|
|
SWN
452
DELISTED
Southwestern Energy Company
SWN
| $7.71M | ﹤0.01% |
1,283,437
+68,243
| +6% | +$352K |
|
453
Agree Realty
ADC
$9.46B
| $7.65M | ﹤0.01% |
117,000
| – | – |
|
454
Hexcel
HXL
$7.89B
| $7.63M | ﹤0.01% |
100,425
-1,542
| -2% | -$110K |
|
455
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$16.6B
| $7.6M | ﹤0.01% |
101,264
+6,264
| +7% | +$467K |
|
456
iShares US Pharmaceuticals ETF
IHE
$1.64B
| $7.45M | ﹤0.01% |
124,821
+9,093
| +8% | +$541K |
|
457
Broadstone Net Lease
BNL
$4.07B
| $7.43M | ﹤0.01% |
481,527
+61,069
| +15% | +$978K |
|
458
ITT
ITT
$18.2B
| $7.41M | ﹤0.01% |
79,487
+12,064
| +18% | +$1.01M |
|
459
Renasant Corp
RNST
$4.03B
| $7.4M | ﹤0.01% |
283,351
| – | – |
|
460
Granite Construction
GVA
$5.4B
| $7.26M | ﹤0.01% |
182,599
+3,309
| +2% | +$127K |
|
461
Pitney Bowes
PBI
$2.51B
| $7.24M | ﹤0.01% |
2,046,000
| – | – |
|
|
XHR
462
Xenia Hotels & Resorts
XHR
$1.89B
| $7.19M | ﹤0.01% |
584,352
+12,808
| +2% | +$160K |
|
|
MDC
463
DELISTED
M.D.C. Holdings, Inc.
MDC
| $7.17M | ﹤0.01% |
153,266
+16,781
| +12% | +$699K |
|
464
First Solar
FSLR
$25.4B
| $7.15M | ﹤0.01% |
37,608
+5,414
| +17% | +$1.07M |
|
465
Trustmark
TRMK
$2.83B
| $7.14M | ﹤0.01% |
337,863
+20,219
| +6% | +$456K |
|
466
Associated Banc-Corp
ASB
$5.95B
| $7.08M | ﹤0.01% |
436,000
| – | – |
|
|
AYX
467
DELISTED
Alteryx Inc
AYX
| $7.04M | ﹤0.01% |
155,097
-5,172
| -3% | -$227K |
|
468
Simmons First National
SFNC
$3.47B
| $6.97M | ﹤0.01% |
404,000
| – | – |
|
|
HEES
469
DELISTED
H&E Equipment Services
HEES
| $6.93M | ﹤0.01% |
151,379
-11,640
| -7% | -$465K |
|
470
Snap-on
SNA
$21.7B
| $6.88M | ﹤0.01% |
23,887
+420
| +2% | +$109K |
|
471
Yum! Brands
YUM
$41.6B
| $6.84M | ﹤0.01% |
49,369
+6,758
| +16% | +$916K |
|
472
ICICI Bank
IBN
$109B
| $6.76M | ﹤0.01% |
292,995
+88,922
| +44% | +$2.01M |
|
|
ANSS
473
DELISTED
Ansys
ANSS
| $6.61M | ﹤0.01% |
20,001
-274
| -1% | -$86.8K |
|
474
Chemours
CC
$2.19B
| $6.6M | ﹤0.01% |
179,005
| – | – |
|
475
iShares Semiconductor ETF
SOXX
$47.6B
| $6.52M | ﹤0.01% |
38,589
+477
| +1% | +$71.5K |
|
Similar funds
Ken Fisher's Q2 2023 Portfolio in Review
As of Q2 2023, Ken Fisher held 1,244 positions worth $181B, up 9.9% from $165B the previous quarter. Its ten largest holdings account for 28% of the portfolio.
Ken Fisher's Q2 2023 filing shows 109 new, 547 increased, 343 reduced and 81 closed positions. Its largest new stake was CNB Financial Corp: 67,868 shares worth $1.2M. The largest sale was Block Inc, an estimated $700M.
By sector, the portfolio is most concentrated in Technology at 28% of assets, up from 27% a quarter earlier, followed by Financials and Healthcare.
- Ken Fisher's largest Q2 2023 buy was CNB Financial Corp: 67,868 shares worth $1.2M.
- Ken Fisher added most to PepsiCo in Q2 2023, an estimated $821M increase.
- Ken Fisher's biggest Q2 2023 reduction was Block Inc, cutting an estimated $700M.
- Ken Fisher fully exited Mechanics Bancorp in Q2 2023, selling an estimated $1.17M.
- Ken Fisher's ten largest holdings make up 28% of its $181B portfolio in Q2 2023.
- Ken Fisher opened 109 new positions and closed 81 in Q2 2023.
- Ken Fisher's portfolio value rose 9.9% quarter-over-quarter to $181B.
Based on Fisher Asset Management's 13F filing for Q2 2023, filed 8 Aug 2023.