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 |
SAP
SAP
|
+$2.15B |
| 2 |
UBS Group
UBS
|
+$1.53B |
| 3 |
BP
BP
|
+$1.23B |
| 4 |
Spotify
SPOT
|
+$1.13B |
| 5 |
Barclays
BCS
|
+$1.09B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$2.73B |
| 2 |
Advanced Micro Devices
AMD
|
+$2.53B |
| 3 |
Alphabet (Google) Class A
GOOGL
|
+$2.47B |
| 4 |
Broadcom
AVGO
|
+$2.43B |
| 5 |
Netflix
NFLX
|
+$2.34B |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 24.26% |
| 2 | Financials | 16.92% |
| 3 | Healthcare | 11.65% |
| 4 | Industrials | 8.55% |
| 5 | Energy | 7.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
476
Pebblebrook Hotel Trust
PEB
$2.05B
| $5.73M | ﹤0.01% |
565,274
-7,720
| -1% | -$94.5K |
|
|
ANSS
477
DELISTED
Ansys
ANSS
| $5.61M | ﹤0.01% |
17,719
-262
| -1% | -$87.9K |
|
|
INVX
478
Innovex International
INVX
$1.97B
| $5.51M | ﹤0.01% |
306,682
-41,942
| -12% | -$713K |
|
479
iShares Core S&P 500 ETF
IVV
$902B
| $5.45M | ﹤0.01% |
9,705
+4,527
| +87% | +$2.67M |
|
480
Federal Realty Investment Trust
FRT
$10.3B
| $5.44M | ﹤0.01% |
55,623
-472
| -0.8% | -$49K |
|
481
iShares ESG Aware 1-5 Year USD Corporate Bond ETF
SUSB
$1.3B
| $5.43M | ﹤0.01% |
217,216
+28,178
| +15% | +$699K |
|
482
Broadstone Net Lease
BNL
$4.02B
| $5.42M | ﹤0.01% |
318,032
| – | – |
|
483
NNN REIT
NNN
$8.99B
| $5.38M | ﹤0.01% |
126,152
+6,485
| +5% | +$265K |
|
484
Morningstar
MORN
$7.53B
| $5.26M | ﹤0.01% |
17,539
-4,462
| -20% | -$1.41M |
|
485
IBM
IBM
$224B
| $5.23M | ﹤0.01% |
21,030
+2,738
| +15% | +$670K |
|
486
State Street SPDR Portfolio Short Term Treasury ETF
SPTS
$6.11B
| $5.22M | ﹤0.01% |
178,544
-27,333
| -13% | -$795K |
|
487
AT&T
T
$163B
| $5.2M | ﹤0.01% |
183,795
+42,359
| +30% | +$1.07M |
|
488
Tesla
TSLA
$1.3T
| $5.16M | ﹤0.01% |
19,891
-2,150
| -10% | -$717K |
|
489
Synopsys
SNPS
$79.7B
| $5.14M | ﹤0.01% |
11,993
-650
| -5% | -$316K |
|
490
Hexcel
HXL
$7.82B
| $4.94M | ﹤0.01% |
90,202
-3,207
| -3% | -$200K |
|
491
iShares ESG Aware MSCI EAFE ETF
ESGD
$12.3B
| $4.84M | ﹤0.01% |
59,196
+16,727
| +39% | +$1.35M |
|
492
Vanguard Mortgage-Backed Securities ETF
VMBS
$15.5B
| $4.78M | ﹤0.01% |
103,291
-1,451
| -1% | -$66.3K |
|
493
AptarGroup
ATR
$8.61B
| $4.71M | ﹤0.01% |
31,738
+46
| +0.1% | +$6.92K |
|
494
iShares 5-10 Year Investment Grade Corporate Bond ETF
IGIB
$18.6B
| $4.67M | ﹤0.01% |
88,982
-15,675
| -15% | -$814K |
|
495
Ecopetrol
EC
$34.5B
| $4.62M | ﹤0.01% |
442,858
-97,837
| -18% | -$934K |
|
496
Factset
FDS
$10.2B
| $4.55M | ﹤0.01% |
9,997
-37,786
| -79% | -$17.2M |
|
497
FormFactor
FORM
$9.17B
| $4.53M | ﹤0.01% |
160,294
-7,523
| -4% | -$277K |
|
498
Walt Disney
DIS
$181B
| $4.45M | ﹤0.01% |
45,127
-9,035
| -17% | -$971K |
|
499
Altria Group
MO
$114B
| $4.45M | ﹤0.01% |
74,058
+2,183
| +3% | +$119K |
|
500
Micron Technology
MU
$991B
| $4.33M | ﹤0.01% |
49,779
-6
| -0% | -$576 |
|
Similar funds
Ken Fisher's Q1 2025 Portfolio in Review
As of Q1 2025, Ken Fisher held 1,092 positions worth $231B, down 8.1% from $251B the previous quarter. Its ten largest holdings account for 30% of the portfolio.
Ken Fisher withdrew a net $11.5B in Q1 2025, closing 93 positions and reducing 435 holdings. Its most notable exit was United Microelectronic, an estimated $47.4M position sold in full.
By sector, the portfolio is most concentrated in Technology at 24% of assets, down from 30% a quarter earlier, followed by Financials and Healthcare.
Against the trend, Ken Fisher opened a new position in Spotify worth $1.12B.
- Ken Fisher's largest Q1 2025 buy was Spotify: 2,028,898 shares worth $1.12B.
- Ken Fisher added most to SAP in Q1 2025, an estimated $2.15B increase.
- Ken Fisher's biggest Q1 2025 reduction was Amazon, cutting an estimated $2.73B.
- Ken Fisher fully exited United Microelectronic in Q1 2025, selling an estimated $47.4M.
- Ken Fisher's ten largest holdings make up 30% of its $231B portfolio in Q1 2025.
- Ken Fisher opened 117 new positions and closed 93 in Q1 2025.
- Ken Fisher's portfolio value fell 8.1% quarter-over-quarter to $231B.
Based on Fisher Asset Management's 13F filing for Q1 2025, filed 14 May 2025.