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 |
Chevron
CVX
|
+$1.4B |
| 2 |
ExxonMobil
XOM
|
+$1.39B |
| 3 |
iShares 7-10 Year Treasury Bond ETF
IEF
|
+$932M |
| 4 |
Procter & Gamble
PG
|
+$925M |
| 5 |
Walmart Inc
WMT
|
+$834M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ASML
ASML
|
+$1.66B |
| 2 |
Salesforce
CRM
|
+$1.17B |
| 3 |
Lam Research
LRCX
|
+$974M |
| 4 |
iShares Broad USD High Yield Corporate Bond ETF
USHY
|
+$972M |
| 5 |
Applied Materials
AMAT
|
+$323M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 28.72% |
| 2 | Financials | 12.27% |
| 3 | Healthcare | 10.07% |
| 4 | Consumer Discretionary | 9.98% |
| 5 | Industrials | 7.73% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Oracle
ORCL
$374B
| $2.25B | 1.05% |
17,921,341
-499,943
| -3% | -$57.2M |
|
27
Intuit
INTU
$86.5B
| $2.12B | 0.99% |
3,260,768
+145,793
| +5% | +$93.1M |
|
28
American Express
AXP
$227B
| $2.1B | 0.98% |
9,212,356
-565,933
| -6% | -$117M |
|
29
Costco
COST
$422B
| $2.1B | 0.98% |
2,861,486
+70,551
| +3% | +$50.4M |
|
30
Morgan Stanley
MS
$331B
| $1.96B | 0.91% |
20,783,077
+554,743
| +3% | +$48.9M |
|
31
Mastercard
MA
$502B
| $1.88B | 0.88% |
3,901,469
+110,111
| +3% | +$50.3M |
|
|
32
iShares 7-10 Year Treasury Bond ETF
IEF
$47.1B
| $1.85B | 0.86% |
19,534,592
+9,837,519
| +101% | +$932M |
|
33
Merck
MRK
$322B
| $1.83B | 0.85% |
13,870,443
+319,201
| +2% | +$39.3M |
|
34
Intuitive Surgical
ISRG
$125B
| $1.82B | 0.85% |
4,571,023
+82,975
| +2% | +$31.4M |
|
|
35
Lam Research
LRCX
$367B
| $1.81B | 0.85% |
18,658,410
-11,076,750
| -37% | -$974M |
|
|
NVO
36
Novo Nordisk
NVO
$208B
| $1.76B | 0.82% |
13,724,718
-404,880
| -3% | -$48.2M |
|
37
Blackrock
BLK
$169B
| $1.72B | 0.81% |
2,068,649
+53,312
| +3% | +$42.8M |
|
38
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$32.8B
| $1.72B | 0.8% |
15,820,098
+777,994
| +5% | +$84.5M |
|
39
Citigroup
C
$222B
| $1.66B | 0.78% |
26,326,234
+1,570,957
| +6% | +$87.4M |
|
40
Toyota
TM
$224B
| $1.61B | 0.75% |
6,387,342
+176,957
| +3% | +$39.2M |
|
41
Shell
SHEL
$254B
| $1.57B | 0.73% |
23,412,174
+588,947
| +3% | +$37.7M |
|
42
Bank of America
BAC
$435B
| $1.51B | 0.71% |
39,932,333
+2,278,054
| +6% | +$78.2M |
|
43
TotalEnergies
TTE
$195B
| $1.51B | 0.7% |
21,920,909
+776,406
| +4% | +$50.9M |
|
44
Stryker
SYK
$125B
| $1.49B | 0.69% |
4,155,067
+114,757
| +3% | +$38.6M |
|
45
UnitedHealth
UNH
$376B
| $1.47B | 0.69% |
2,972,467
+100,496
| +3% | +$51.1M |
|
46
Union Pacific
UNP
$174B
| $1.47B | 0.69% |
5,977,036
+120,770
| +2% | +$29.7M |
|
47
Thermo Fisher Scientific
TMO
$213B
| $1.45B | 0.68% |
2,497,398
-74,268
| -3% | -$41.7M |
|
48
Booking.com
BKNG
$149B
| $1.42B | 0.66% |
9,785,525
+369,125
| +4% | +$52.6M |
|
49
Capital One
COF
$128B
| $1.41B | 0.66% |
9,441,612
-101,784
| -1% | -$13.8M |
|
50
State Street SPDR Portfolio Short Term Treasury ETF
SPTS
$6.1B
| $1.39B | 0.65% |
48,119,539
+4,163,854
| +9% | +$121M |
|
Similar funds
Ken Fisher's Q1 2024 Portfolio in Review
As of Q1 2024, Ken Fisher held 1,068 positions worth $214B, up 13% from $189B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Ken Fisher's Q1 2024 filing shows 87 new, 392 increased, 448 reduced and 104 closed positions. Its largest new stake was Nomura Holdings: 8,478,338 shares worth $54.4M. The largest sale was ASML, an estimated $1.66B.
By sector, the portfolio is most concentrated in Technology at 29% of assets, down from 30% a quarter earlier, followed by Financials and Healthcare.
- Ken Fisher's largest Q1 2024 buy was Nomura Holdings: 8,478,338 shares worth $54.4M.
- Ken Fisher added most to Chevron in Q1 2024, an estimated $1.4B increase.
- Ken Fisher's biggest Q1 2024 reduction was ASML, cutting an estimated $1.66B.
- Ken Fisher fully exited Veradigm Inc. Common Stock in Q1 2024, selling an estimated $23.8M.
- Ken Fisher's ten largest holdings make up 31% of its $214B portfolio in Q1 2024.
- Ken Fisher opened 87 new positions and closed 104 in Q1 2024.
- Ken Fisher's portfolio value rose 13% quarter-over-quarter to $214B.
Based on Fisher Asset Management's 13F filing for Q1 2024, filed 9 May 2024.