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 |
Royal Bank of Canada
RY
|
+$647M |
| 2 |
Sony
SONY
|
+$407M |
| 3 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$394M |
| 4 |
SAP
SAP
|
+$333M |
| 5 |
Canadian Pacific Kansas City
CP
|
+$308M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Oracle
ORCL
|
+$1.41B |
| 2 |
NVIDIA
NVDA
|
+$1.04B |
| 3 |
Salesforce
CRM
|
+$1.02B |
| 4 |
Eli Lilly
LLY
|
+$883M |
| 5 |
JPMorgan Chase
JPM
|
+$764M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.47% |
| 2 | Financials | 18.4% |
| 3 | Industrials | 9.35% |
| 4 | Healthcare | 9.18% |
| 5 | Communication Services | 6.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
476
FormFactor
FORM
$9.17B
| $5.2M | ﹤0.01% |
151,239
-9,055
| -6% | -$275K |
|
477
NNN REIT
NNN
$8.99B
| $5.19M | ﹤0.01% |
120,269
-5,883
| -5% | -$244K |
|
478
Broadstone Net Lease
BNL
$4B
| $5.1M | ﹤0.01% |
318,032
| – | – |
|
479
Morningstar
MORN
$7.49B
| $5.07M | ﹤0.01% |
16,141
-1,398
| -8% | -$414K |
|
480
Wynn Resorts
WYNN
$10.6B
| $5.03M | ﹤0.01% |
53,663
-58,804
| -52% | -$4.99M |
|
481
Columbus McKinnon
CMCO
$592M
| $5.01M | ﹤0.01% |
327,883
-97,115
| -23% | -$1.48M |
|
482
Synopsys
SNPS
$78.5B
| $4.92M | ﹤0.01% |
9,593
-2,400
| -20% | -$1.12M |
|
483
AptarGroup
ATR
$8.66B
| $4.91M | ﹤0.01% |
31,362
-376
| -1% | -$56.8K |
|
484
Diamondback Energy
FANG
$52.5B
| $4.89M | ﹤0.01% |
35,610
-105,440
| -75% | -$14.6M |
|
485
D.R. Horton
DHI
$42.1B
| $4.87M | ﹤0.01% |
37,810
-212,538
| -85% | -$26.2M |
|
486
Nice
NICE
$5.88B
| $4.79M | ﹤0.01% |
28,332
-18,244
| -39% | -$2.94M |
|
|
ONT
487
Onterris Inc
ONT
$598M
| $4.78M | ﹤0.01% |
218,541
-31,860
| -13% | -$571K |
|
488
iShares Short-Term National Muni Bond ETF
SUB
$11.4B
| $4.75M | ﹤0.01% |
+44,711
| New | +$4.72M |
|
489
Chemed
CHE
$7.18B
| $4.75M | ﹤0.01% |
9,762
-1,721
| -15% | -$981K |
|
490
Advanced Drainage Systems
WMS
$11.2B
| $4.67M | ﹤0.01% |
40,651
+13,097
| +48% | +$1.47M |
|
491
ENI
E
$77.4B
| $4.66M | ﹤0.01% |
143,622
+28,926
| +25% | +$858K |
|
492
Uber
UBER
$152B
| $4.63M | ﹤0.01% |
49,656
-620
| -1% | -$51K |
|
493
State Street SPDR Portfolio Short Term Treasury ETF
SPTS
$6.11B
| $4.49M | ﹤0.01% |
153,295
-25,249
| -14% | -$737K |
|
494
GE Aerospace
GE
$385B
| $4.48M | ﹤0.01% |
17,394
+3,078
| +22% | +$675K |
|
495
Crescent Energy
CRGY
$3.87B
| $4.42M | ﹤0.01% |
514,001
-4,292
| -0.8% | -$37.6K |
|
496
Vanguard Total Bond Market
BND
$158B
| $4.34M | ﹤0.01% |
58,964
-23,801
| -29% | -$1.73M |
|
497
Vanguard Mortgage-Backed Securities ETF
VMBS
$15.4B
| $4.29M | ﹤0.01% |
92,482
-10,809
| -10% | -$495K |
|
498
M&T Bank
MTB
$36.1B
| $4.28M | ﹤0.01% |
22,080
+870
| +4% | +$154K |
|
499
Vanguard Morningstar Growth ETF
VUG
$230B
| $4.26M | ﹤0.01% |
58,248
+18,036
| +45% | +$1.19M |
|
500
General Mills
GIS
$19.5B
| $4.26M | ﹤0.01% |
82,135
-52,666
| -39% | -$2.91M |
|
Similar funds
Ken Fisher's Q2 2025 Portfolio in Review
As of Q2 2025, Ken Fisher held 1,093 positions worth $252B, up 9% from $231B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Ken Fisher's Q2 2025 filing shows 94 new, 337 increased, 522 reduced and 107 closed positions. Its largest new stake was Canadian National Railway: 1,823,800 shares worth $190M. The largest sale was Oracle, an estimated $1.41B.
By sector, the portfolio is most concentrated in Technology at 25% of assets, up from 24% a quarter earlier, followed by Financials and Industrials.
- Ken Fisher's largest Q2 2025 buy was Canadian National Railway: 1,823,800 shares worth $190M.
- Ken Fisher added most to Royal Bank of Canada in Q2 2025, an estimated $647M increase.
- Ken Fisher's biggest Q2 2025 reduction was Oracle, cutting an estimated $1.41B.
- Ken Fisher fully exited Tenable Holdings in Q2 2025, selling an estimated $43.2M.
- Ken Fisher's ten largest holdings make up 31% of its $252B portfolio in Q2 2025.
- Ken Fisher opened 94 new positions and closed 107 in Q2 2025.
- Ken Fisher's portfolio value rose 9% quarter-over-quarter to $252B.
Based on Fisher Asset Management's 13F filing for Q2 2025, filed 13 Aug 2025.