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 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$390M |
| 2 |
Apple
AAPL
|
+$310M |
| 3 |
Amazon
AMZN
|
+$233M |
| 4 |
Microsoft
MSFT
|
+$221M |
| 5 |
TotalEnergies
TTE
|
+$204M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Global Energy ETF
IXC
|
+$384M |
| 2 |
Infosys
INFY
|
+$125M |
| 3 |
iShares Global Tech ETF
IXN
|
+$36.8M |
| 4 |
Equinor
EQNR
|
+$26.2M |
| 5 |
Sanofi
SNY
|
+$20.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.88% |
| 2 | Consumer Discretionary | 12.45% |
| 3 | Financials | 11.9% |
| 4 | Healthcare | 10.14% |
| 5 | Communication Services | 6.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
501
Philip Morris
PM
$295B
| $1.36M | ﹤0.01% |
16,437
+2,916
| +22% | +$227K |
|
502
Weyerhaeuser
WY
$18.5B
| $1.36M | ﹤0.01% |
40,521
+313
| +0.8% | +$9.41K |
|
503
Ameris Bancorp
ABCB
$5.91B
| $1.28M | ﹤0.01% |
33,615
-10,975
| -25% | -$355K |
|
504
Matador Resources
MTDR
$6.13B
| $1.23M | ﹤0.01% |
+102,156
| New | +$998K |
|
505
Fidelity Nasdaq Composite Index ETF
ONEQ
$10.9B
| $1.23M | ﹤0.01% |
24,430
-2,480
| -9% | -$115K |
|
506
iShares MSCI Switzerland ETF
EWL
$2.23B
| $1.21M | ﹤0.01% |
27,030
+3,331
| +14% | +$141K |
|
507
iShares TIPS Bond ETF
TIP
$14.5B
| $1.21M | ﹤0.01% |
9,457
+2,210
| +30% | +$279K |
|
|
REP
508
DELISTED
REPSOL YPF SA ADS(RP 1 CAP SH)
REP
| $1.2M | ﹤0.01% |
118,912
+11,261
| +10% | +$114K |
|
509
Northern Trust
NTRS
$33.9B
| $1.19M | ﹤0.01% |
12,749
-840
| -6% | -$74.1K |
|
510
Vanguard Information Technology ETF
VGT
$148B
| $1.18M | ﹤0.01% |
26,776
+9,048
| +51% | +$372K |
|
511
Anika Therapeutics
ANIK
$281M
| $1.18M | ﹤0.01% |
26,040
-2,878
| -10% | -$109K |
|
512
Parker-Hannifin
PH
$136B
| $1.18M | ﹤0.01% |
+4,326
| New | +$1.07M |
|
513
PNC Financial Services
PNC
$101B
| $1.18M | ﹤0.01% |
7,889
-865
| -10% | -$110K |
|
514
Valero Energy
VLO
$86.2B
| $1.17M | ﹤0.01% |
20,729
-3,447
| -14% | -$169K |
|
515
iShares Core S&P Total US Stock Market ETF
ITOT
$97.7B
| $1.16M | ﹤0.01% |
+13,403
| New | +$1.09M |
|
516
iShares ESG Aware MSCI USA ETF
ESGU
$18.4B
| $1.12M | ﹤0.01% |
13,040
+4,426
| +51% | +$359K |
|
|
HOLX
517
DELISTED
Hologic
HOLX
| $1.1M | ﹤0.01% |
15,142
-2,144
| -12% | -$151K |
|
518
Wells Fargo
WFC
$263B
| $1.05M | ﹤0.01% |
34,883
+15,225
| +77% | +$394K |
|
519
Korn Ferry
KFY
$4.3B
| $1.05M | ﹤0.01% |
24,139
-6,333
| -21% | -$233K |
|
520
Myriad Genetics
MYGN
$306M
| $1.05M | ﹤0.01% |
53,054
+3,255
| +7% | +$52.6K |
|
521
Pacira BioSciences
PCRX
$1B
| $1.05M | ﹤0.01% |
17,532
+1,948
| +13% | +$114K |
|
522
Berkshire Hathaway Class A
BRK.A
$1.12T
| $1.04M | ﹤0.01% |
3
-6
| -67% | -$1.98M |
|
523
Workday
WDAY
$44.2B
| $1.02M | ﹤0.01% |
4,269
+694
| +19% | +$156K |
|
524
Vanguard Industrials ETF
VIS
$8.39B
| $1M | ﹤0.01% |
5,910
+1,103
| +23% | +$177K |
|
|
NPTN
525
DELISTED
NEOPHOTONICS CORP
NPTN
| $997K | ﹤0.01% |
109,673
-13,533
| -11% | -$105K |
|
Similar funds
Ken Fisher's Q4 2020 Portfolio in Review
As of Q4 2020, Ken Fisher held 1,063 positions worth $133B, up 17% from $114B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Ken Fisher deployed $4.92B of net new capital in Q4 2020, opening 123 new positions and adding to 398 existing holdings. Its largest new stake was TAL Education Group: 1,621,948 shares worth $116M.
By sector, the portfolio is most concentrated in Technology at 26% of assets, down from 26% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was iShares Global Energy ETF, an estimated $384M trimmed.
- Ken Fisher's largest Q4 2020 buy was TAL Education Group: 1,621,948 shares worth $116M.
- Ken Fisher added most to Vanguard Intermediate-Term Corporate Bond ETF in Q4 2020, an estimated $390M increase.
- Ken Fisher's biggest Q4 2020 reduction was iShares Global Energy ETF, cutting an estimated $384M.
- Ken Fisher fully exited Waddell & Reed Financial, Inc. in Q4 2020, selling an estimated $19.5M.
- Ken Fisher's ten largest holdings make up 32% of its $133B portfolio in Q4 2020.
- Ken Fisher opened 123 new positions and closed 53 in Q4 2020.
- Ken Fisher's portfolio value rose 17% quarter-over-quarter to $133B.
Based on Fisher Asset Management's 13F filing for Q4 2020, filed 29 Jan 2021.