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 |
Royal Bank of Canada
RY
|
+$647M |
| 2 |
Sony
SONY
|
+$407M |
| 3 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$394M |
| 4 |
SAP
SAP
|
+$333M |
| 5 |
Canadian Pacific Kansas City
CP
|
+$308M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Oracle
ORCL
|
+$1.41B |
| 2 |
NVIDIA
NVDA
|
+$1.04B |
| 3 |
Salesforce
CRM
|
+$1.02B |
| 4 |
Eli Lilly
LLY
|
+$883M |
| 5 |
JPMorgan Chase
JPM
|
+$764M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.47% |
| 2 | Financials | 18.4% |
| 3 | Industrials | 9.35% |
| 4 | Healthcare | 9.18% |
| 5 | Communication Services | 6.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
451
CVS Health
CVS
$126B
| $6.49M | ﹤0.01% |
94,115
+955
| +1% | +$62.6K |
|
452
Vanguard Morningstar Total Stock Market ETF
VTI
$681B
| $6.35M | ﹤0.01% |
20,904
+6,187
| +42% | +$1.74M |
|
453
General Motors
GM
$78.2B
| $6.19M | ﹤0.01% |
125,806
-39,205
| -24% | -$1.86M |
|
|
XHR
454
Xenia Hotels & Resorts
XHR
$1.89B
| $6.16M | ﹤0.01% |
489,878
-8,432
| -2% | -$96.5K |
|
|
SFBS
455
ServisFirst Bancshares
SFBS
$4.94B
| $6.05M | ﹤0.01% |
78,031
-1,051
| -1% | -$77.6K |
|
456
Micron Technology
MU
$1.01T
| $6.03M | ﹤0.01% |
48,935
-844
| -2% | -$78.8K |
|
|
DVAX
457
DELISTED
Dynavax Technologies
DVAX
| $6.02M | ﹤0.01% |
607,289
-14,759
| -2% | -$156K |
|
|
ANSS
458
DELISTED
Ansys
ANSS
| $6M | ﹤0.01% |
17,075
-644
| -4% | -$211K |
|
459
Church & Dwight Co
CHD
$24.6B
| $5.99M | ﹤0.01% |
62,373
-85
| -0.1% | -$8.38K |
|
460
Extra Space Storage
EXR
$31.7B
| $5.77M | ﹤0.01% |
39,115
-5,637
| -13% | -$820K |
|
461
Walt Disney
DIS
$177B
| $5.73M | ﹤0.01% |
46,179
+1,052
| +2% | +$109K |
|
462
iShares ESG Aware 1-5 Year USD Corporate Bond ETF
SUSB
$1.3B
| $5.71M | ﹤0.01% |
226,945
+9,729
| +4% | +$243K |
|
463
Altria Group
MO
$114B
| $5.71M | ﹤0.01% |
97,389
+23,331
| +32% | +$1.37M |
|
464
Kimberly-Clark
KMB
$37.4B
| $5.63M | ﹤0.01% |
43,669
+2,886
| +7% | +$391K |
|
465
Essential Properties Realty Trust
EPRT
$6.65B
| $5.58M | ﹤0.01% |
174,964
-154,197
| -47% | -$4.93M |
|
466
Pebblebrook Hotel Trust
PEB
$2.15B
| $5.57M | ﹤0.01% |
557,199
-8,075
| -1% | -$75K |
|
467
Cooper Companies
COO
$14.6B
| $5.55M | ﹤0.01% |
77,990
-35,345
| -31% | -$2.71M |
|
468
iShares ESG Aware MSCI EAFE ETF
ESGD
$12.2B
| $5.45M | ﹤0.01% |
61,130
+1,934
| +3% | +$165K |
|
469
IBM
IBM
$222B
| $5.39M | ﹤0.01% |
18,301
-2,729
| -13% | -$703K |
|
470
Hexcel
HXL
$7.89B
| $5.36M | ﹤0.01% |
94,854
+4,652
| +5% | +$246K |
|
471
United Therapeutics
UTHR
$22B
| $5.34M | ﹤0.01% |
18,593
+4
| +0% | +$1.2K |
|
472
State Street Energy Select Sector SPDR ETF
XLE
$37.6B
| $5.34M | ﹤0.01% |
125,962
-45,934
| -27% | -$1.91M |
|
473
West Pharmaceutical
WST
$24.7B
| $5.33M | ﹤0.01% |
24,338
-4,983
| -17% | -$1.07M |
|
474
Federal Realty Investment Trust
FRT
$10.6B
| $5.3M | ﹤0.01% |
55,743
+120
| +0.2% | +$11.3K |
|
475
First Industrial Realty Trust
FR
$8.51B
| $5.23M | ﹤0.01% |
108,665
-15,767
| -13% | -$768K |
|
Similar funds
Ken Fisher's Q2 2025 Portfolio in Review
As of Q2 2025, Ken Fisher held 1,093 positions worth $252B, up 9% from $231B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Ken Fisher's Q2 2025 filing shows 94 new, 337 increased, 522 reduced and 107 closed positions. Its largest new stake was Canadian National Railway: 1,823,800 shares worth $190M. The largest sale was Oracle, an estimated $1.41B.
By sector, the portfolio is most concentrated in Technology at 25% of assets, up from 24% a quarter earlier, followed by Financials and Industrials.
- Ken Fisher's largest Q2 2025 buy was Canadian National Railway: 1,823,800 shares worth $190M.
- Ken Fisher added most to Royal Bank of Canada in Q2 2025, an estimated $647M increase.
- Ken Fisher's biggest Q2 2025 reduction was Oracle, cutting an estimated $1.41B.
- Ken Fisher fully exited Tenable Holdings in Q2 2025, selling an estimated $43.2M.
- Ken Fisher's ten largest holdings make up 31% of its $252B portfolio in Q2 2025.
- Ken Fisher opened 94 new positions and closed 107 in Q2 2025.
- Ken Fisher's portfolio value rose 9% quarter-over-quarter to $252B.
Based on Fisher Asset Management's 13F filing for Q2 2025, filed 13 Aug 2025.