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 |
Procter & Gamble
PG
|
+$784M |
| 2 |
PepsiCo
PEP
|
+$635M |
| 3 |
UnitedHealth
UNH
|
+$599M |
| 4 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$376M |
| 5 |
JPMorgan Chase
JPM
|
+$359M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ExxonMobil
XOM
|
+$510M |
| 2 |
HES
Hess
HES
|
+$465M |
| 3 |
Uber
UBER
|
+$413M |
| 4 |
SLB Ltd
SLB
|
+$404M |
| 5 |
PayPal
PYPL
|
+$354M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.64% |
| 2 | Financials | 10.93% |
| 3 | Healthcare | 9.92% |
| 4 | Consumer Discretionary | 9.41% |
| 5 | Industrials | 7.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
526
State Street SPDR S&P 500 ETF Trust
SPY
$823B
| $3.33M | ﹤0.01% |
7,780
+873
| +13% | +$388K |
|
527
Essex Property Trust
ESS
$18.5B
| $3.31M | ﹤0.01% |
15,585
-2,856
| -15% | -$670K |
|
528
State Street Energy Select Sector SPDR ETF
XLE
$37.7B
| $3.3M | ﹤0.01% |
73,022
+8,258
| +13% | +$361K |
|
529
Moelis & Co
MC
$4.94B
| $3.28M | ﹤0.01% |
72,761
+5,645
| +8% | +$266K |
|
530
PTC
PTC
$16B
| $3.27M | ﹤0.01% |
23,102
+2,658
| +13% | +$380K |
|
531
Advanced Drainage Systems
WMS
$11B
| $3.27M | ﹤0.01% |
28,705
-3,195
| -10% | -$390K |
|
|
DASTY
532
DELISTED
DASSAULT SYSTEMES SA ADR
DASTY
| $3.23M | ﹤0.01% |
86,351
+1,518
| +2% | +$56.7K |
|
|
ESTE
533
DELISTED
Earthstone Energy Inc. Class A Common Stock
ESTE
| $3.2M | ﹤0.01% |
158,202
-8,453
| -5% | -$147K |
|
534
Dropbox
DBX
$8.12B
| $3.2M | ﹤0.01% |
117,382
+15,351
| +15% | +$418K |
|
535
Campbell Soup
CPB
$6.87B
| $3.19M | ﹤0.01% |
77,665
-15,118
| -16% | -$661K |
|
536
iShares ESG Aware 1-5 Year USD Corporate Bond ETF
SUSB
$1.3B
| $3.18M | ﹤0.01% |
133,814
+7,716
| +6% | +$184K |
|
537
Box
BOX
$4.6B
| $3.15M | ﹤0.01% |
130,246
+47,054
| +57% | +$1.34M |
|
538
General Dynamics
GD
$106B
| $3.14M | ﹤0.01% |
14,193
+2,036
| +17% | +$450K |
|
539
WEX
WEX
$6.31B
| $3.11M | ﹤0.01% |
16,545
+2,059
| +14% | +$398K |
|
540
iShares Core S&P 500 ETF
IVV
$902B
| $3.09M | ﹤0.01% |
7,192
+269
| +4% | +$120K |
|
541
MakeMyTrip
MMYT
$5.64B
| $2.95M | ﹤0.01% |
72,873
| – | – |
|
542
Clorox
CLX
$12.7B
| $2.95M | ﹤0.01% |
22,473
-4,018
| -15% | -$611K |
|
543
Target
TGT
$68B
| $2.91M | ﹤0.01% |
26,358
-2,037,191
| -99% | -$259M |
|
544
MiMedx Group
MDXG
$633M
| $2.88M | ﹤0.01% |
395,188
-69,992
| -15% | -$521K |
|
545
ResMed
RMD
$30.7B
| $2.86M | ﹤0.01% |
19,372
-46,161
| -70% | -$8.35M |
|
|
X
546
DELISTED
US Steel
X
| $2.83M | ﹤0.01% |
87,070
-41,277
| -32% | -$1.16M |
|
547
Vanguard Morningstar Total Stock Market ETF
VTI
$684B
| $2.82M | ﹤0.01% |
13,297
-1,804
| -12% | -$399K |
|
548
Hormel Foods
HRL
$13.8B
| $2.67M | ﹤0.01% |
70,293
+27,629
| +65% | +$1.09M |
|
549
IBM
IBM
$224B
| $2.65M | ﹤0.01% |
18,917
-3,080
| -14% | -$438K |
|
550
Lockheed Martin
LMT
$136B
| $2.65M | ﹤0.01% |
6,489
+833
| +15% | +$370K |
|
Similar funds
Ken Fisher's Q3 2023 Portfolio in Review
As of Q3 2023, Ken Fisher held 1,293 positions worth $176B, down 2.5% from $181B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Ken Fisher's Q3 2023 filing shows 130 new, 437 increased, 474 reduced and 125 closed positions. Its largest new stake was Murphy Oil: 991,976 shares worth $45M. The largest sale was ExxonMobil, an estimated $510M.
By sector, the portfolio is most concentrated in Technology at 27% of assets, down from 28% a quarter earlier, followed by Financials and Healthcare.
- Ken Fisher's largest Q3 2023 buy was Murphy Oil: 991,976 shares worth $45M.
- Ken Fisher added most to Procter & Gamble in Q3 2023, an estimated $784M increase.
- Ken Fisher's biggest Q3 2023 reduction was ExxonMobil, cutting an estimated $510M.
- Ken Fisher fully exited PDC Energy, Inc. in Q3 2023, selling an estimated $78.7M.
- Ken Fisher's ten largest holdings make up 27% of its $176B portfolio in Q3 2023.
- Ken Fisher opened 130 new positions and closed 125 in Q3 2023.
- Ken Fisher's portfolio value fell 2.5% quarter-over-quarter to $176B.
Based on Fisher Asset Management's 13F filing for Q3 2023, filed 13 Nov 2023.