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 |
SAP
SAP
|
+$2.15B |
| 2 |
UBS Group
UBS
|
+$1.53B |
| 3 |
BP
BP
|
+$1.23B |
| 4 |
Spotify
SPOT
|
+$1.13B |
| 5 |
Barclays
BCS
|
+$1.09B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$2.73B |
| 2 |
Advanced Micro Devices
AMD
|
+$2.53B |
| 3 |
Alphabet (Google) Class A
GOOGL
|
+$2.47B |
| 4 |
Broadcom
AVGO
|
+$2.43B |
| 5 |
Netflix
NFLX
|
+$2.34B |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 24.26% |
| 2 | Financials | 16.92% |
| 3 | Healthcare | 11.65% |
| 4 | Industrials | 8.55% |
| 5 | Energy | 7.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
526
Kiniksa Pharmaceuticals
KNSA
$5.93B
| $3.2M | ﹤0.01% |
144,251
+118,127
| +452% | +$2.43M |
|
527
Lockheed Martin
LMT
$136B
| $3.2M | ﹤0.01% |
7,168
-359
| -5% | -$165K |
|
528
State Street SPDR Portfolio Intermediate Term Treasury ETF
SPTI
$10.6B
| $3.2M | ﹤0.01% |
111,985
-68,313
| -38% | -$1.92M |
|
529
iShares Russell 1000 Growth ETF
IWF
$128B
| $3.19M | ﹤0.01% |
35,364
-4,664
| -12% | -$460K |
|
530
State Street Financial Select Sector SPDR ETF
XLF
$58.2B
| $3.12M | ﹤0.01% |
62,668
+16,785
| +37% | +$842K |
|
531
Global X Robotics & Artificial Intelligence ETF
BOTZ
$3.51B
| $3.07M | ﹤0.01% |
108,014
-96,610
| -47% | -$3.12M |
|
532
Expedia Group
EXPE
$37.3B
| $3.06M | ﹤0.01% |
18,194
-908,994
| -98% | -$166M |
|
533
Roper Technologies
ROP
$39.8B
| $3.02M | ﹤0.01% |
5,114
-2,369
| -32% | -$1.33M |
|
|
DAY
534
DELISTED
Dayforce
DAY
| $3.01M | ﹤0.01% |
51,619
-3,742
| -7% | -$241K |
|
535
Advanced Drainage Systems
WMS
$10.9B
| $2.99M | ﹤0.01% |
27,554
-4,105
| -13% | -$479K |
|
536
Casella Waste Systems
CWST
$5.69B
| $2.97M | ﹤0.01% |
26,601
-5,579
| -17% | -$610K |
|
537
S&P Global
SPGI
$120B
| $2.92M | ﹤0.01% |
5,744
-611
| -10% | -$312K |
|
538
CBRE Group
CBRE
$42.9B
| $2.89M | ﹤0.01% |
22,077
-22,839
| -51% | -$3.1M |
|
539
GE Aerospace
GE
$384B
| $2.87M | ﹤0.01% |
14,316
+536
| +4% | +$105K |
|
540
SPDR Gold Trust
GLD
$141B
| $2.84M | ﹤0.01% |
9,845
+5,132
| +109% | +$1.36M |
|
541
Huntington Bancshares
HBAN
$35.5B
| $2.79M | ﹤0.01% |
186,172
+174,551
| +1,502% | +$2.81M |
|
542
Archrock
AROC
$5.8B
| $2.77M | ﹤0.01% |
105,652
-9,341
| -8% | -$252K |
|
543
Regeneron Pharmaceuticals
REGN
$80.8B
| $2.76M | ﹤0.01% |
4,353
-1,537
| -26% | -$1.06M |
|
544
Ichor Holdings
ICHR
$2.56B
| $2.74M | ﹤0.01% |
121,000
-198,153
| -62% | -$5.84M |
|
545
MSCI
MSCI
$40.9B
| $2.7M | ﹤0.01% |
4,774
-98,373
| -95% | -$57.2M |
|
|
INN
546
Summit Hotel Properties
INN
$700M
| $2.69M | ﹤0.01% |
498,013
-21,482
| -4% | -$136K |
|
547
Marathon Petroleum
MPC
$83.7B
| $2.64M | ﹤0.01% |
18,122
+380
| +2% | +$56.2K |
|
548
Rexford Industrial Realty
REXR
$8.19B
| $2.61M | ﹤0.01% |
66,764
-31
| -0% | -$1.24K |
|
549
Comcast
CMCSA
$90B
| $2.61M | ﹤0.01% |
70,612
-3,837
| -5% | -$138K |
|
550
Viper Energy
VNOM
$14.7B
| $2.59M | ﹤0.01% |
57,433
-4,790
| -8% | -$226K |
|
Similar funds
Ken Fisher's Q1 2025 Portfolio in Review
As of Q1 2025, Ken Fisher held 1,092 positions worth $231B, down 8.1% from $251B the previous quarter. Its ten largest holdings account for 30% of the portfolio.
Ken Fisher withdrew a net $11.5B in Q1 2025, closing 93 positions and reducing 435 holdings. Its most notable exit was United Microelectronic, an estimated $47.4M position sold in full.
By sector, the portfolio is most concentrated in Technology at 24% of assets, down from 30% a quarter earlier, followed by Financials and Healthcare.
Against the trend, Ken Fisher opened a new position in Spotify worth $1.12B.
- Ken Fisher's largest Q1 2025 buy was Spotify: 2,028,898 shares worth $1.12B.
- Ken Fisher added most to SAP in Q1 2025, an estimated $2.15B increase.
- Ken Fisher's biggest Q1 2025 reduction was Amazon, cutting an estimated $2.73B.
- Ken Fisher fully exited United Microelectronic in Q1 2025, selling an estimated $47.4M.
- Ken Fisher's ten largest holdings make up 30% of its $231B portfolio in Q1 2025.
- Ken Fisher opened 117 new positions and closed 93 in Q1 2025.
- Ken Fisher's portfolio value fell 8.1% quarter-over-quarter to $231B.
Based on Fisher Asset Management's 13F filing for Q1 2025, filed 14 May 2025.