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 | |
|---|---|---|---|---|---|---|
551
First Trust Dow Jones Internet Index Fund ETF
FDN
$5.46B
| $796K | ﹤0.01% |
+3,751
| New | +$759K |
|
552
Blackstone
BX
$110B
| $777K | ﹤0.01% |
+11,985
| New | +$698K |
|
|
SNV
553
DELISTED
Synovus
SNV
| $776K | ﹤0.01% |
23,982
-4,796
| -17% | -$139K |
|
554
Live Nation Entertainment
LYV
$42.7B
| $771K | ﹤0.01% |
10,488
-1,057
| -9% | -$66.7K |
|
555
Resources Connection
RGP
$146M
| $770K | ﹤0.01% |
61,227
-9,036
| -13% | -$108K |
|
556
Intuit
INTU
$90.3B
| $768K | ﹤0.01% |
2,022
-143
| -7% | -$50.2K |
|
557
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.9B
| $757K | ﹤0.01% |
11,229
+4,695
| +72% | +$310K |
|
558
Mondelez International
MDLZ
$80.2B
| $747K | ﹤0.01% |
12,776
+2,718
| +27% | +$155K |
|
559
Papa John's
PZZA
$795M
| $729K | ﹤0.01% |
8,596
-2,769
| -24% | -$226K |
|
560
Vanguard Energy ETF
VDE
$9.83B
| $728K | ﹤0.01% |
+14,044
| New | +$656K |
|
561
CVB Financial
CVBF
$3.99B
| $722K | ﹤0.01% |
37,047
-5,409
| -13% | -$102K |
|
562
iShares Russell 2000 ETF
IWM
$82.9B
| $722K | ﹤0.01% |
3,685
+941
| +34% | +$165K |
|
563
Cincinnati Financial
CINF
$27.3B
| $719K | ﹤0.01% |
8,229
+3,593
| +78% | +$287K |
|
564
Essex Property Trust
ESS
$18.5B
| $719K | ﹤0.01% |
3,027
-5
| -0.2% | -$1.15K |
|
565
Vanguard Short-Term Bond ETF
BSV
$44.6B
| $716K | ﹤0.01% |
+8,635
| New | +$715K |
|
566
Church & Dwight Co
CHD
$24.4B
| $716K | ﹤0.01% |
8,209
-1,374
| -14% | -$122K |
|
567
OraSure Technologies
OSUR
$275M
| $713K | ﹤0.01% |
67,357
-109,487
| -62% | -$1.44M |
|
568
State Street SPDR Portfolio Mortgage Backed Bond ETF
SPMB
$6.99B
| $712K | ﹤0.01% |
26,949
+5,714
| +27% | +$151K |
|
|
PE
569
DELISTED
PARSLEY ENERGY INC
PE
| $711K | ﹤0.01% |
50,041
-8,775
| -15% | -$104K |
|
570
Vanguard Morningstar Value ETF
VTV
$191B
| $705K | ﹤0.01% |
+5,925
| New | +$666K |
|
571
Heron Therapeutics
HRTX
$92.6M
| $700K | ﹤0.01% |
33,078
-6,535
| -16% | -$114K |
|
572
Illinois Tool Works
ITW
$84.8B
| $700K | ﹤0.01% |
3,434
+1,193
| +53% | +$244K |
|
|
CDMO
573
DELISTED
Avid Bioservices, Inc. Common Stock
CDMO
| $691K | ﹤0.01% |
59,887
+770
| +1% | +$7.04K |
|
574
Old Dominion Freight Line
ODFL
$44.9B
| $689K | ﹤0.01% |
7,060
-12
| -0.2% | -$1.19K |
|
575
iShares MSCI EAFE ETF
EFA
$80.1B
| $687K | ﹤0.01% |
9,413
+556
| +6% | +$38K |
|
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.