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 |
ExxonMobil
XOM
|
+$1.18B |
| 2 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$340M |
| 3 |
Coca-Cola
KO
|
+$280M |
| 4 |
NVIDIA
NVDA
|
+$274M |
| 5 |
iShares US Pharmaceuticals ETF
IHE
|
+$209M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
SI
SIEMENS AKTIENGESELLSCHAFT ADS
SI
|
+$828M |
| 2 |
ABB
ABB Ltd
ABB
|
+$679M |
| 3 |
NextEra Energy
NEE
|
+$553M |
| 4 |
iShares Expanded Tech-Software Sector ETF
IGV
|
+$231M |
| 5 |
PepsiCo
PEP
|
+$224M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 30% |
| 2 | Financials | 12.45% |
| 3 | Consumer Discretionary | 10.07% |
| 4 | Healthcare | 9.87% |
| 5 | Industrials | 7.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
501
Roper Technologies
ROP
$39.8B
| $4.5M | ﹤0.01% |
8,254
+251
| +3% | +$129K |
|
|
RDUS
502
DELISTED
Radius Recycling
RDUS
| $4.49M | ﹤0.01% |
148,803
-4,389
| -3% | -$116K |
|
503
Acadia Pharmaceuticals
ACAD
$5.03B
| $4.48M | ﹤0.01% |
+143,054
| New | +$3.42M |
|
504
MakeMyTrip
MMYT
$5.64B
| $4.44M | ﹤0.01% |
94,606
+21,733
| +30% | +$916K |
|
|
RYZ
505
Ryerson Holding Corp
RYZ
$1.46B
| $4.39M | ﹤0.01% |
126,673
+3,956
| +3% | +$118K |
|
506
iShares 5-10 Year Investment Grade Corporate Bond ETF
IGIB
$18.6B
| $4.37M | ﹤0.01% |
84,077
+71,506
| +569% | +$3.53M |
|
|
507
NextEra Energy
NEE
$177B
| $4.31M | ﹤0.01% |
70,948
-9,706,560
| -99% | -$553M |
|
508
3M
MMM
$94.3B
| $4.22M | ﹤0.01% |
46,117
-18,408
| -29% | -$1.48M |
|
509
PTC
PTC
$16B
| $4.21M | ﹤0.01% |
24,057
+955
| +4% | +$146K |
|
510
Comcast
CMCSA
$90B
| $4.12M | ﹤0.01% |
93,943
-1,586
| -2% | -$68K |
|
511
CBRE Group
CBRE
$42.9B
| $4.1M | ﹤0.01% |
44,065
+22,442
| +104% | +$1.74M |
|
512
Revvity
RVTY
$12.8B
| $4.07M | ﹤0.01% |
37,203
-2,195
| -6% | -$212K |
|
513
Advanced Drainage Systems
WMS
$11B
| $4.06M | ﹤0.01% |
28,848
+143
| +0.5% | +$17.2K |
|
514
ResMed
RMD
$30.7B
| $3.93M | ﹤0.01% |
22,851
+3,479
| +18% | +$535K |
|
515
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.51B
| $3.92M | ﹤0.01% |
28,614
-8,515
| -23% | -$1.2M |
|
516
Chemours
CC
$2.37B
| $3.91M | ﹤0.01% |
124,053
-29,720
| -19% | -$807K |
|
517
FormFactor
FORM
$9.17B
| $3.87M | ﹤0.01% |
92,714
-18,820
| -17% | -$688K |
|
518
Dropbox
DBX
$8.12B
| $3.86M | ﹤0.01% |
130,964
+13,582
| +12% | +$377K |
|
519
iShares Core S&P 500 ETF
IVV
$902B
| $3.82M | ﹤0.01% |
7,993
+801
| +11% | +$359K |
|
520
Moelis & Co
MC
$4.94B
| $3.78M | ﹤0.01% |
67,365
-5,396
| -7% | -$253K |
|
521
AptarGroup
ATR
$8.61B
| $3.74M | ﹤0.01% |
30,268
+366
| +1% | +$46K |
|
522
Essex Property Trust
ESS
$18.5B
| $3.71M | ﹤0.01% |
14,954
-631
| -4% | -$139K |
|
523
Stepan Co
SCL
$1.48B
| $3.68M | ﹤0.01% |
38,961
-10,481
| -21% | -$837K |
|
524
Campbell Soup
CPB
$6.87B
| $3.68M | ﹤0.01% |
85,144
+7,479
| +10% | +$308K |
|
525
Box
BOX
$4.6B
| $3.67M | ﹤0.01% |
143,362
+13,116
| +10% | +$332K |
|
Similar funds
Ken Fisher's Q4 2023 Portfolio in Review
As of Q4 2023, Ken Fisher held 1,269 positions worth $189B, up 7.3% from $176B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Ken Fisher withdrew a net $8.48B in Q4 2023, closing 288 positions and reducing 487 holdings. Its most notable exit was SIEMENS AKTIENGESELLSCHAFT ADS, an estimated $828M position sold in full.
By sector, the portfolio is most concentrated in Technology at 30% of assets, up from 27% a quarter earlier, followed by Financials and Consumer Discretionary.
Against the trend, Ken Fisher opened a new position in Veralto worth $93.6M.
- Ken Fisher's largest Q4 2023 buy was Veralto: 1,137,890 shares worth $93.6M.
- Ken Fisher added most to ExxonMobil in Q4 2023, an estimated $1.18B increase.
- Ken Fisher's biggest Q4 2023 reduction was NextEra Energy, cutting an estimated $553M.
- Ken Fisher fully exited SIEMENS AKTIENGESELLSCHAFT ADS in Q4 2023, selling an estimated $828M.
- Ken Fisher's ten largest holdings make up 31% of its $189B portfolio in Q4 2023.
- Ken Fisher opened 101 new positions and closed 288 in Q4 2023.
- Ken Fisher's portfolio value rose 7.3% quarter-over-quarter to $189B.
Based on Fisher Asset Management's 13F filing for Q4 2023, filed 6 Feb 2024.