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 |
Netflix
NFLX
|
+$808M |
| 2 |
Amazon
AMZN
|
+$805M |
| 3 |
DOCU
DocuSign
DOCU
|
+$696M |
| 4 |
Intuit
INTU
|
+$684M |
| 5 |
Meta Platforms (Facebook)
META
|
+$662M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Walmart Inc
WMT
|
+$1.14B |
| 2 |
Walt Disney
DIS
|
+$959M |
| 3 |
Intel
INTC
|
+$891M |
| 4 |
UnitedHealth
UNH
|
+$704M |
| 5 |
Visa
V
|
+$609M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 30.01% |
| 2 | Healthcare | 10.79% |
| 3 | Financials | 10.13% |
| 4 | Consumer Discretionary | 9.89% |
| 5 | Communication Services | 8.19% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
551
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$16.6B
| $1.23M | ﹤0.01% |
14,162
-3,674
| -21% | -$319K |
|
552
iShares ESG Aware MSCI EAFE ETF
ESGD
$12.2B
| $1.22M | ﹤0.01% |
15,404
+1,984
| +15% | +$158K |
|
553
iShares Core S&P Mid-Cap ETF
IJH
$125B
| $1.22M | ﹤0.01% |
21,565
+13,325
| +162% | +$742K |
|
|
MCHB
554
Mechanics Bancorp
MCHB
$3.72B
| $1.2M | ﹤0.01% |
23,132
+3,801
| +20% | +$183K |
|
555
Heron Therapeutics
HRTX
$94.5M
| $1.2M | ﹤0.01% |
131,494
+96,487
| +276% | +$985K |
|
556
Accenture
ACN
$105B
| $1.19M | ﹤0.01% |
2,877
+1,609
| +127% | +$586K |
|
557
Ligand Pharmaceuticals
LGND
$6.02B
| $1.15M | ﹤0.01% |
11,912
-5
| -0% | -$462 |
|
558
Vanguard Industrials ETF
VIS
$8.36B
| $1.13M | ﹤0.01% |
5,544
+658
| +13% | +$132K |
|
559
Pacific Biosciences
PACB
$363M
| $1.12M | ﹤0.01% |
54,892
+6,043
| +12% | +$146K |
|
560
Automatic Data Processing
ADP
$109B
| $1.12M | ﹤0.01% |
4,525
+2,474
| +121% | +$560K |
|
|
BZUN
561
Baozun
BZUN
$169M
| $1.11M | ﹤0.01% |
80,202
| – | – |
|
562
AMERISAFE
AMSF
$551M
| $1.11M | ﹤0.01% |
20,622
+2,915
| +16% | +$163K |
|
563
Independence Realty Trust
IRT
$4B
| $1.1M | ﹤0.01% |
+42,665
| New | +$1.01M |
|
564
CVB Financial
CVBF
$4B
| $1.1M | ﹤0.01% |
51,438
+8,407
| +20% | +$172K |
|
|
HOLX
565
DELISTED
Hologic
HOLX
| $1.08M | ﹤0.01% |
14,178
-1,015
| -7% | -$74.6K |
|
566
Waste Management
WM
$91.5B
| $1.06M | ﹤0.01% |
6,341
+989
| +18% | +$159K |
|
567
Novavax
NVAX
$1.27B
| $1.05M | ﹤0.01% |
7,348
+107
| +1% | +$18.4K |
|
568
Schwab International Equity ETF
SCHF
$68B
| $1.05M | ﹤0.01% |
54,060
+19,052
| +54% | +$374K |
|
569
Columbia Banking Systems
COLB
$8.78B
| $1.05M | ﹤0.01% |
32,064
-286
| -0.9% | -$9.91K |
|
570
Lennar Class B
LEN.B
$20.1B
| $1.05M | ﹤0.01% |
11,503
-651
| -5% | -$53.6K |
|
571
Vanguard Morningstar Large-Cap ETF
VV
$54B
| $1.04M | ﹤0.01% |
4,730
+3,702
| +360% | +$794K |
|
572
iShares Russell 1000 Value ETF
IWD
$83.2B
| $1.04M | ﹤0.01% |
6,188
+3,624
| +141% | +$594K |
|
573
Vanguard Information Technology ETF
VGT
$147B
| $1.03M | ﹤0.01% |
17,960
+3,120
| +21% | +$171K |
|
574
Vanguard Energy ETF
VDE
$9.84B
| $1.02M | ﹤0.01% |
13,206
+696
| +6% | +$55.4K |
|
|
SNV
575
DELISTED
Synovus
SNV
| $1.02M | ﹤0.01% |
21,386
-11,878
| -36% | -$563K |
|
Similar funds
Ken Fisher's Q4 2021 Portfolio in Review
As of Q4 2021, Ken Fisher held 1,147 positions worth $179B, up 11% from $161B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Ken Fisher deployed $7.67B of net new capital in Q4 2021, opening 119 new positions and adding to 524 existing holdings. Its largest new stake was DocuSign: 3,052,026 shares worth $465M.
By sector, the portfolio is most concentrated in Technology at 30% of assets, up from 27% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was Walmart Inc, an estimated $1.14B trimmed.
- Ken Fisher's largest Q4 2021 buy was DocuSign: 3,052,026 shares worth $465M.
- Ken Fisher added most to Netflix in Q4 2021, an estimated $808M increase.
- Ken Fisher's biggest Q4 2021 reduction was Walmart Inc, cutting an estimated $1.14B.
- Ken Fisher fully exited Kansas City Southern in Q4 2021, selling an estimated $64.7M.
- Ken Fisher's ten largest holdings make up 32% of its $179B portfolio in Q4 2021.
- Ken Fisher opened 119 new positions and closed 80 in Q4 2021.
- Ken Fisher's portfolio value rose 11% quarter-over-quarter to $179B.
Based on Fisher Asset Management's 13F filing for Q4 2021, filed 2 Feb 2022.