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
|
+$1.03B |
| 2 |
State Street SPDR Portfolio Long Term Treasury ETF
SPTL
|
+$692M |
| 3 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$542M |
| 4 |
Apple
AAPL
|
+$197M |
| 5 |
Amazon
AMZN
|
+$157M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MBS ETF
MBB
|
+$853M |
| 2 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$225M |
| 3 |
Xtrackers USD High Yield Corporate Bond ETF
HYLB
|
+$215M |
| 4 |
iShares Broad USD High Yield Corporate Bond ETF
USHY
|
+$153M |
| 5 |
TSMC
TSM
|
+$124M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.52% |
| 2 | Financials | 12.28% |
| 3 | Consumer Discretionary | 11.76% |
| 4 | Healthcare | 9.84% |
| 5 | Communication Services | 7.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Cisco
CSCO
$457B
| $1.11B | 0.78% |
21,487,436
+507,272
| +2% | +$23.8M |
|
|
NVO
27
Novo Nordisk
NVO
$207B
| $1.08B | 0.76% |
32,109,390
+451,690
| +1% | +$16.1M |
|
28
SAP
SAP
$220B
| $1.06B | 0.74% |
8,592,341
+262,949
| +3% | +$33.3M |
|
29
TotalEnergies
TTE
$194B
| $1.04B | 0.73% |
22,287,256
+834,078
| +4% | +$38M |
|
30
Eli Lilly
LLY
$996B
| $1.03B | 0.72% |
5,508,308
+470,518
| +9% | +$92M |
|
31
NextEra Energy
NEE
$179B
| $1.03B | 0.72% |
13,606,074
+559,423
| +4% | +$43.7M |
|
32
JPMorgan Chase
JPM
$933B
| $1.02B | 0.72% |
6,691,807
+144,111
| +2% | +$20.7M |
|
33
Oracle
ORCL
$403B
| $1.01B | 0.71% |
14,341,957
+407,791
| +3% | +$26.4M |
|
34
UnitedHealth
UNH
$377B
| $1B | 0.71% |
2,698,645
+116,106
| +4% | +$40.2M |
|
|
35
iShares 7-10 Year Treasury Bond ETF
IEF
$47.1B
| $994M | 0.7% |
+8,801,434
| New | +$1.03B |
|
36
3M
MMM
$91.2B
| $988M | 0.7% |
6,132,425
+273,365
| +5% | +$40.9M |
|
37
Union Pacific
UNP
$172B
| $983M | 0.69% |
4,457,800
+164,749
| +4% | +$34.6M |
|
38
Rio Tinto
RIO
$155B
| $972M | 0.68% |
12,516,676
+350,904
| +3% | +$28.8M |
|
39
Nike
NKE
$63.2B
| $970M | 0.68% |
7,296,846
+283,792
| +4% | +$39.5M |
|
40
Intuitive Surgical
ISRG
$134B
| $942M | 0.66% |
3,824,244
+154,017
| +4% | +$38.7M |
|
41
Abbott
ABT
$185B
| $933M | 0.66% |
7,783,520
+297,491
| +4% | +$35.2M |
|
42
AstraZeneca
AZN
$244B
| $914M | 0.64% |
9,194,344
+268,957
| +3% | +$27M |
|
43
Sanofi
SNY
$103B
| $897M | 0.63% |
18,132,625
-82,259
| -0.5% | -$3.95M |
|
44
Goldman Sachs
GS
$300B
| $845M | 0.6% |
2,583,280
+107,605
| +4% | +$33.5M |
|
45
Starbucks
SBUX
$119B
| $828M | 0.58% |
7,579,486
+387,664
| +5% | +$40.7M |
|
46
Thermo Fisher Scientific
TMO
$214B
| $828M | 0.58% |
1,814,071
+82,766
| +5% | +$39.5M |
|
47
Novartis
NVS
$292B
| $826M | 0.58% |
9,657,603
+319,803
| +3% | +$28.7M |
|
48
Merck
MRK
$315B
| $760M | 0.54% |
10,331,437
+296,702
| +3% | +$21.9M |
|
49
Advanced Micro Devices
AMD
$792B
| $748M | 0.53% |
9,526,397
+342,693
| +4% | +$29.5M |
|
50
Morgan Stanley
MS
$329B
| $738M | 0.52% |
9,506,779
+236,496
| +3% | +$18.1M |
|
Similar funds
Ken Fisher's Q1 2021 Portfolio in Review
As of Q1 2021, Ken Fisher held 1,105 positions worth $142B, up 6.4% from $133B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Ken Fisher's Q1 2021 filing shows 95 new, 327 increased, 470 reduced and 106 closed positions. Its largest new stake was iShares 7-10 Year Treasury Bond ETF: 8,801,434 shares worth $994M. The largest sale was iShares MBS ETF, an estimated $853M.
By sector, the portfolio is most concentrated in Technology at 26% of assets, down from 26% a quarter earlier, followed by Financials and Consumer Discretionary.
- Ken Fisher's largest Q1 2021 buy was iShares 7-10 Year Treasury Bond ETF: 8,801,434 shares worth $994M.
- Ken Fisher added most to State Street SPDR Portfolio Long Term Treasury ETF in Q1 2021, an estimated $692M increase.
- Ken Fisher's biggest Q1 2021 reduction was iShares MBS ETF, cutting an estimated $853M.
- Ken Fisher fully exited Mid-America Apartment Communities in Q1 2021, selling an estimated $38.3M.
- Ken Fisher's ten largest holdings make up 31% of its $142B portfolio in Q1 2021.
- Ken Fisher opened 95 new positions and closed 106 in Q1 2021.
- Ken Fisher's portfolio value rose 6.4% quarter-over-quarter to $142B.
Based on Fisher Asset Management's 13F filing for Q1 2021, filed 27 Apr 2021.