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
|
+$2.06B |
| 2 |
JPMorgan Chase
JPM
|
+$852M |
| 3 |
ConocoPhillips
COP
|
+$511M |
| 4 |
NVIDIA
NVDA
|
+$388M |
| 5 |
Microsoft
MSFT
|
+$272M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$1.32B |
| 2 |
Ford
F
|
+$765M |
| 3 |
Walt Disney
DIS
|
+$721M |
| 4 |
General Motors
GM
|
+$216M |
| 5 |
NXP Semiconductors
NXPI
|
+$130M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 29.7% |
| 2 | Financials | 12.38% |
| 3 | Healthcare | 9.97% |
| 4 | Consumer Discretionary | 8.89% |
| 5 | Industrials | 8.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
ASML
ASML
$631B
| $2.65B | 1.09% |
3,186,222
+31,879
| +1% | +$28.5M |
|
27
Visa
V
$682B
| $2.64B | 1.08% |
9,584,713
+196,891
| +2% | +$53.2M |
|
28
Adobe
ADBE
$101B
| $2.52B | 1.03% |
4,859,584
+93,143
| +2% | +$51.1M |
|
29
Intuit
INTU
$88.6B
| $2.38B | 0.97% |
3,827,671
+107,482
| +3% | +$68.6M |
|
30
American Express
AXP
$231B
| $2.35B | 0.96% |
8,665,409
-230,505
| -3% | -$57.4M |
|
31
Intuitive Surgical
ISRG
$134B
| $2.35B | 0.96% |
4,782,381
+86,208
| +2% | +$40.1M |
|
32
Morgan Stanley
MS
$328B
| $2.34B | 0.96% |
22,404,981
+590,872
| +3% | +$59.5M |
|
33
RTX Corp
RTX
$291B
| $2.24B | 0.92% |
18,471,471
+852,183
| +5% | +$97.2M |
|
34
Blackrock
BLK
$172B
| $2.08B | 0.85% |
2,192,247
+40,865
| +2% | +$35.4M |
|
35
Mastercard
MA
$503B
| $2.03B | 0.83% |
4,117,490
+99,145
| +2% | +$46.1M |
|
36
UnitedHealth
UNH
$377B
| $1.87B | 0.77% |
3,197,167
+107,097
| +3% | +$60.6M |
|
37
Citigroup
C
$221B
| $1.81B | 0.74% |
28,970,357
+911,694
| +3% | +$56.4M |
|
38
Bank of America
BAC
$434B
| $1.79B | 0.74% |
45,215,832
+1,731,003
| +4% | +$69.4M |
|
39
Booking.com
BKNG
$150B
| $1.76B | 0.72% |
10,468,550
+335,725
| +3% | +$51.5M |
|
40
iShares MBS ETF
MBB
$38.8B
| $1.75B | 0.72% |
18,265,598
+1,404,263
| +8% | +$133M |
|
41
Merck
MRK
$314B
| $1.66B | 0.68% |
14,653,435
+387,420
| +3% | +$46M |
|
42
Thermo Fisher Scientific
TMO
$213B
| $1.63B | 0.67% |
2,636,558
+65,586
| +3% | +$38.8M |
|
43
Shell
SHEL
$252B
| $1.62B | 0.66% |
24,530,647
+507,311
| +2% | +$35.9M |
|
|
NVO
44
Novo Nordisk
NVO
$206B
| $1.58B | 0.65% |
13,305,474
-65,153
| -0.5% | -$8.69M |
|
45
Union Pacific
UNP
$172B
| $1.55B | 0.63% |
6,285,585
+143,896
| +2% | +$34.9M |
|
46
Stryker
SYK
$129B
| $1.53B | 0.63% |
4,239,975
-42,726
| -1% | -$14.7M |
|
47
Lam Research
LRCX
$365B
| $1.53B | 0.63% |
18,714,730
+110,930
| +0.6% | +$9.64M |
|
48
ServiceNow
NOW
$119B
| $1.49B | 0.61% |
8,314,840
+284,150
| +4% | +$46.7M |
|
49
TotalEnergies
TTE
$194B
| $1.47B | 0.6% |
22,727,852
+54,329
| +0.2% | +$3.69M |
|
50
Capital One
COF
$133B
| $1.45B | 0.59% |
9,694,297
+72,097
| +0.7% | +$10.3M |
|
Similar funds
Ken Fisher's Q3 2024 Portfolio in Review
As of Q3 2024, Ken Fisher held 1,039 positions worth $244B, up 6.2% from $230B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Ken Fisher's Q3 2024 filing shows 53 new, 415 increased, 393 reduced and 120 closed positions. Its largest new stake was Nu Holdings: 7,231,070 shares worth $98.7M. The largest sale was iShares iBoxx $ Investment Grade Corporate Bond ETF, an estimated $1.32B.
By sector, the portfolio is most concentrated in Technology at 30% of assets, down from 31% a quarter earlier, followed by Financials and Healthcare.
- Ken Fisher's largest Q3 2024 buy was Nu Holdings: 7,231,070 shares worth $98.7M.
- Ken Fisher added most to iShares 7-10 Year Treasury Bond ETF in Q3 2024, an estimated $2.06B increase.
- Ken Fisher's biggest Q3 2024 reduction was iShares iBoxx $ Investment Grade Corporate Bond ETF, cutting an estimated $1.32B.
- Ken Fisher fully exited ENVESTNET, INC. in Q3 2024, selling an estimated $49.4M.
- Ken Fisher's ten largest holdings make up 32% of its $244B portfolio in Q3 2024.
- Ken Fisher opened 53 new positions and closed 120 in Q3 2024.
- Ken Fisher's portfolio value rose 6.2% quarter-over-quarter to $244B.
Based on Fisher Asset Management's 13F filing for Q3 2024, filed 12 Nov 2024.