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
|
+$2.87B |
| 2 |
NVIDIA
NVDA
|
+$358M |
| 3 |
Suncor Energy
SU
|
+$287M |
| 4 |
Microsoft
MSFT
|
+$278M |
| 5 |
Apple
AAPL
|
+$200M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$1.8B |
| 2 |
Canadian Natural Resources
CNQ
|
+$205M |
| 3 |
Intuit
INTU
|
+$177M |
| 4 |
Adobe
ADBE
|
+$120M |
| 5 |
GTLS
Chart Industries
GTLS
|
+$95.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.4% |
| 2 | Financials | 18.68% |
| 3 | Industrials | 9.33% |
| 4 | Healthcare | 8.68% |
| 5 | Communication Services | 6.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
476
Essential Properties Realty Trust
EPRT
$6.62B
| $5.21M | ﹤0.01% |
174,964
| – | – |
|
477
FormFactor
FORM
$9.17B
| $5.18M | ﹤0.01% |
142,299
-8,940
| -6% | -$288K |
|
478
iShares Short-Term National Muni Bond ETF
SUB
$11.4B
| $5.09M | ﹤0.01% |
47,694
+2,983
| +7% | +$319K |
|
479
Ultragenyx Pharmaceutical
RARE
$2.55B
| $5.06M | ﹤0.01% |
168,084
-17,672
| -10% | -$530K |
|
480
Intel
INTC
$513B
| $5.04M | ﹤0.01% |
150,150
-7,547
| -5% | -$183K |
|
481
Diamondback Energy
FANG
$52.7B
| $4.92M | ﹤0.01% |
34,400
-1,210
| -3% | -$172K |
|
482
Steel Dynamics
STLD
$37.6B
| $4.86M | ﹤0.01% |
34,878
+11,183
| +47% | +$1.47M |
|
483
Uber
UBER
$153B
| $4.73M | ﹤0.01% |
48,257
-1,399
| -3% | -$131K |
|
484
Broadstone Net Lease
BNL
$4.02B
| $4.73M | ﹤0.01% |
264,553
-53,479
| -17% | -$920K |
|
485
Crescent Energy
CRGY
$3.82B
| $4.58M | ﹤0.01% |
514,000
-1
| -0% | -$9 |
|
486
ACI Worldwide
ACIW
$5.42B
| $4.44M | ﹤0.01% |
84,178
-328,044
| -80% | -$15.5M |
|
487
Chemed
CHE
$7.22B
| $4.37M | ﹤0.01% |
9,755
-7
| -0.1% | -$3.17K |
|
488
Vanguard Morningstar Growth ETF
VUG
$231B
| $4.27M | ﹤0.01% |
53,412
-4,836
| -8% | -$370K |
|
|
INVX
489
Innovex International
INVX
$1.97B
| $4.24M | ﹤0.01% |
228,887
+93,412
| +69% | +$1.55M |
|
490
NNN REIT
NNN
$8.99B
| $4.22M | ﹤0.01% |
99,205
-21,064
| -18% | -$894K |
|
491
Ecopetrol
EC
$34.5B
| $4.2M | ﹤0.01% |
456,219
-600
| -0.1% | -$5.38K |
|
492
S&P Global
SPGI
$120B
| $4.19M | ﹤0.01% |
8,619
+2,713
| +46% | +$1.45M |
|
493
SPS Commerce
SPSC
$2.64B
| $4.18M | ﹤0.01% |
40,100
-172,075
| -81% | -$20.5M |
|
494
Columbus McKinnon
CMCO
$584M
| $4.16M | ﹤0.01% |
289,982
-37,901
| -12% | -$570K |
|
495
Vanguard Total Bond Market
BND
$158B
| $4.07M | ﹤0.01% |
54,787
-4,177
| -7% | -$308K |
|
496
General Mills
GIS
$19.7B
| $4.05M | ﹤0.01% |
80,309
-1,826
| -2% | -$91.6K |
|
497
State Street Technology Select Sector SPDR ETF
XLK
$124B
| $3.97M | ﹤0.01% |
28,156
-4,442
| -14% | -$588K |
|
498
Vanguard Morningstar Mega Cap Growth ETF
MGK
$34.2B
| $3.96M | ﹤0.01% |
49,145
-4,345
| -8% | -$333K |
|
499
Lockheed Martin
LMT
$136B
| $3.93M | ﹤0.01% |
7,879
+348
| +5% | +$158K |
|
500
State Street SPDR Portfolio Short Term Treasury ETF
SPTS
$6.11B
| $3.9M | ﹤0.01% |
133,147
-20,148
| -13% | -$589K |
|
Similar funds
Ken Fisher's Q3 2025 Portfolio in Review
As of Q3 2025, Ken Fisher held 1,094 positions worth $276B, up 9.7% from $252B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Ken Fisher's Q3 2025 filing shows 108 new, 450 increased, 424 reduced and 80 closed positions. Its largest new stake was Sanmina: 166,861 shares worth $19.2M. The largest sale was Vanguard Intermediate-Term Corporate Bond ETF, an estimated $1.8B.
By sector, the portfolio is most concentrated in Technology at 26% of assets, up from 25% a quarter earlier, followed by Financials and Industrials.
- Ken Fisher's largest Q3 2025 buy was Sanmina: 166,861 shares worth $19.2M.
- Ken Fisher added most to iShares 7-10 Year Treasury Bond ETF in Q3 2025, an estimated $2.87B increase.
- Ken Fisher's biggest Q3 2025 reduction was Vanguard Intermediate-Term Corporate Bond ETF, cutting an estimated $1.8B.
- Ken Fisher fully exited WEX in Q3 2025, selling an estimated $14.2M.
- Ken Fisher's ten largest holdings make up 32% of its $276B portfolio in Q3 2025.
- Ken Fisher opened 108 new positions and closed 80 in Q3 2025.
- Ken Fisher's portfolio value rose 9.7% quarter-over-quarter to $276B.
Based on Fisher Asset Management's 13F filing for Q3 2025, filed 12 Nov 2025.