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 | |
|---|---|---|---|---|---|---|
526
Astronics
ATRO
$3.84B
| $2.98M | ﹤0.01% |
78,335
-25,226
| -24% | -$767K |
|
527
Haleon
HLN
$44.2B
| $2.97M | ﹤0.01% |
331,620
-22,421
| -6% | -$216K |
|
528
iShares 5-10 Year Investment Grade Corporate Bond ETF
IGIB
$18.6B
| $2.94M | ﹤0.01% |
54,401
-17,340
| -24% | -$927K |
|
529
A.O. Smith
AOS
$8.7B
| $2.91M | ﹤0.01% |
39,598
-546
| -1% | -$39K |
|
530
Nice
NICE
$5.97B
| $2.9M | ﹤0.01% |
20,002
-8,330
| -29% | -$1.25M |
|
531
Gilead Sciences
GILD
$165B
| $2.89M | ﹤0.01% |
26,052
+15,352
| +143% | +$1.74M |
|
532
GE Vernova
GEV
$264B
| $2.87M | ﹤0.01% |
4,662
+451
| +11% | +$273K |
|
533
Pricesmart
PSMT
$5.46B
| $2.85M | ﹤0.01% |
23,554
-3,977
| -14% | -$440K |
|
534
Philip Morris
PM
$295B
| $2.76M | ﹤0.01% |
16,991
+1,528
| +10% | +$257K |
|
535
Rexford Industrial Realty
REXR
$8.19B
| $2.75M | ﹤0.01% |
66,792
+6
| +0% | +$235 |
|
536
nLIGHT
LASR
$3.17B
| $2.71M | ﹤0.01% |
91,512
-28,678
| -24% | -$711K |
|
537
Builders FirstSource
BLDR
$8.04B
| $2.71M | ﹤0.01% |
22,361
-123,394
| -85% | -$16.4M |
|
|
NPKI
538
NPK International
NPKI
$1.14B
| $2.71M | ﹤0.01% |
239,286
| – | – |
|
539
Estee Lauder
EL
$32B
| $2.68M | ﹤0.01% |
30,357
+10,775
| +55% | +$959K |
|
540
Regeneron Pharmaceuticals
REGN
$80.8B
| $2.61M | ﹤0.01% |
4,637
+284
| +7% | +$161K |
|
541
Casella Waste Systems
CWST
$5.69B
| $2.6M | ﹤0.01% |
27,441
+860
| +3% | +$86.6K |
|
542
iShares Russell 1000 Value ETF
IWD
$83.7B
| $2.56M | ﹤0.01% |
12,580
+9,576
| +319% | +$1.9M |
|
543
Roper Technologies
ROP
$39.8B
| $2.54M | ﹤0.01% |
5,098
+12
| +0.2% | +$6.4K |
|
544
State Street SPDR S&P Metals & Mining ETF
XME
$4.42B
| $2.52M | ﹤0.01% |
27,044
-1,244
| -4% | -$99.3K |
|
545
Palantir
PLTR
$413B
| $2.47M | ﹤0.01% |
13,558
+4,520
| +50% | +$733K |
|
546
iShares MSCI EAFE ETF
EFA
$80.2B
| $2.45M | ﹤0.01% |
26,191
+2,910
| +12% | +$265K |
|
547
Stewart Information Services
STC
$2.08B
| $2.42M | ﹤0.01% |
33,040
+1,974
| +6% | +$136K |
|
548
General Dynamics
GD
$106B
| $2.4M | ﹤0.01% |
7,037
+892
| +15% | +$281K |
|
549
Central Pacific Financial
CPF
$1B
| $2.4M | ﹤0.01% |
78,966
-6,900
| -8% | -$202K |
|
550
Vanguard Industrials ETF
VIS
$8.39B
| $2.39M | ﹤0.01% |
8,058
+211
| +3% | +$61.1K |
|
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.