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 Expanded Tech-Software Sector ETF
IGV
|
+$1.39B |
| 2 |
SCHW
Charles Schwab
SCHW
|
+$1.07B |
| 3 |
Walmart Inc
WMT
|
+$1B |
| 4 |
Blackrock
BLK
|
+$996M |
| 5 |
Starbucks
SBUX
|
+$813M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$1.12B |
| 2 |
Visa
V
|
+$1.06B |
| 3 |
Apple
AAPL
|
+$1.02B |
| 4 |
Alibaba
BABA
|
+$983M |
| 5 |
Costco
COST
|
+$931M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.2% |
| 2 | Financials | 11.9% |
| 3 | Healthcare | 9.86% |
| 4 | Consumer Discretionary | 9.75% |
| 5 | Communication Services | 6.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Thermo Fisher Scientific
TMO
$214B
| $1.17B | 0.88% |
2,305,062
-35,752
| -2% | -$20M |
|
|
SCHW
27
Charles Schwab
SCHW
$188B
| $1.11B | 0.83% |
+15,433,332
| New | +$1.07B |
|
28
Oracle
ORCL
$416B
| $1.08B | 0.81% |
17,623,567
+322,352
| +2% | +$23.6M |
|
29
TotalEnergies
TTE
$188B
| $1.07B | 0.81% |
23,092,335
-3,770,842
| -14% | -$189M |
|
|
30
Walmart Inc
WMT
$894B
| $1.05B | 0.79% |
24,388,023
+22,881,858
| +1,519% | +$1B |
|
31
Union Pacific
UNP
$176B
| $1.05B | 0.79% |
5,386,861
+128,338
| +2% | +$28.4M |
|
32
Merck
MRK
$317B
| $1.04B | 0.78% |
12,036,457
-87,363
| -0.7% | -$7.8M |
|
33
Shell
SHEL
$243B
| $1.03B | 0.77% |
20,770,344
+515,019
| +3% | +$26.5M |
|
34
Danaher
DHR
$140B
| $1.02B | 0.76% |
4,444,150
+113,719
| +3% | +$27.8M |
|
35
Mastercard
MA
$500B
| $979M | 0.73% |
3,442,024
-1,382,897
| -29% | -$458M |
|
36
Chevron
CVX
$371B
| $976M | 0.73% |
6,792,458
+52,663
| +0.8% | +$8.03M |
|
37
Johnson & Johnson
JNJ
$621B
| $967M | 0.73% |
5,921,058
+191,128
| +3% | +$32.3M |
|
38
State Street SPDR Portfolio Long Term Treasury ETF
SPTL
$10.7B
| $954M | 0.71% |
32,176,103
-15,345,227
| -32% | -$498M |
|
|
39
Blackrock
BLK
$176B
| $948M | 0.71% |
1,723,157
+1,521,293
| +754% | +$996M |
|
40
iShares 7-10 Year Treasury Bond ETF
IEF
$47.3B
| $945M | 0.71% |
9,841,662
-2,618,081
| -21% | -$266M |
|
|
NVO
41
Novo Nordisk
NVO
$197B
| $930M | 0.7% |
18,665,724
-9,973,340
| -35% | -$534M |
|
42
Abbott
ABT
$183B
| $883M | 0.66% |
9,128,639
-261,727
| -3% | -$27.9M |
|
43
BHP
BHP
$227B
| $881M | 0.66% |
17,610,797
-416,819
| -2% | -$22.1M |
|
44
Lam Research
LRCX
$385B
| $830M | 0.62% |
22,687,530
+2,758,640
| +14% | +$123M |
|
45
JPMorgan Chase
JPM
$955B
| $821M | 0.62% |
7,855,684
-133,755
| -2% | -$15.3M |
|
|
46
Starbucks
SBUX
$121B
| $810M | 0.61% |
9,618,502
+9,568,965
| +19,317% | +$813M |
|
47
Capital One
COF
$136B
| $800M | 0.6% |
8,675,853
+827,800
| +11% | +$88.1M |
|
48
Intuitive Surgical
ISRG
$133B
| $796M | 0.6% |
4,247,499
-352,859
| -8% | -$75.8M |
|
49
Rio Tinto
RIO
$165B
| $779M | 0.58% |
14,152,710
-694,166
| -5% | -$40M |
|
50
Intuit
INTU
$89.7B
| $755M | 0.57% |
1,950,301
-402,290
| -17% | -$174M |
|
Similar funds
Ken Fisher's Q3 2022 Portfolio in Review
As of Q3 2022, Ken Fisher held 1,176 positions worth $133B, down 5.6% from $141B the previous quarter. Its ten largest holdings account for 29% of the portfolio.
Ken Fisher's Q3 2022 filing shows 111 new, 332 increased, 452 reduced and 98 closed positions. Its largest new stake was Charles Schwab: 15,433,332 shares worth $1.11B. The largest sale was Vanguard Intermediate-Term Corporate Bond ETF, an estimated $1.12B.
By sector, the portfolio is most concentrated in Technology at 26% of assets, down from 28% a quarter earlier, followed by Financials and Healthcare.
- Ken Fisher's largest Q3 2022 buy was Charles Schwab: 15,433,332 shares worth $1.11B.
- Ken Fisher added most to iShares Expanded Tech-Software Sector ETF in Q3 2022, an estimated $1.39B increase.
- Ken Fisher's biggest Q3 2022 reduction was Vanguard Intermediate-Term Corporate Bond ETF, cutting an estimated $1.12B.
- Ken Fisher fully exited Atlas Air Worldwide Holdings, Inc. in Q3 2022, selling an estimated $22.2M.
- Ken Fisher's ten largest holdings make up 29% of its $133B portfolio in Q3 2022.
- Ken Fisher opened 111 new positions and closed 98 in Q3 2022.
- Ken Fisher's portfolio value fell 5.6% quarter-over-quarter to $133B.
Based on Fisher Asset Management's 13F filing for Q3 2022, filed 8 Nov 2022.