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 |
ExxonMobil
XOM
|
+$1.18B |
| 2 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$340M |
| 3 |
Coca-Cola
KO
|
+$280M |
| 4 |
NVIDIA
NVDA
|
+$274M |
| 5 |
iShares US Pharmaceuticals ETF
IHE
|
+$209M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
SI
SIEMENS AKTIENGESELLSCHAFT ADS
SI
|
+$828M |
| 2 |
ABB
ABB Ltd
ABB
|
+$679M |
| 3 |
NextEra Energy
NEE
|
+$553M |
| 4 |
iShares Expanded Tech-Software Sector ETF
IGV
|
+$231M |
| 5 |
PepsiCo
PEP
|
+$224M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 30% |
| 2 | Financials | 12.45% |
| 3 | Consumer Discretionary | 10.07% |
| 4 | Healthcare | 9.87% |
| 5 | Industrials | 7.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
551
Sherwin-Williams
SHW
$89.8B
| $2.88M | ﹤0.01% |
9,226
-403
| -4% | -$108K |
|
552
S&P Global
SPGI
$120B
| $2.81M | ﹤0.01% |
6,383
+60
| +0.9% | +$23.7K |
|
553
Incyte
INCY
$24.4B
| $2.79M | ﹤0.01% |
44,391
+409
| +0.9% | +$23.1K |
|
554
State Street SPDR S&P 500 ETF Trust
SPY
$823B
| $2.76M | ﹤0.01% |
5,810
-1,970
| -25% | -$878K |
|
555
Tyson Foods
TSN
$20.4B
| $2.74M | ﹤0.01% |
51,051
+10,167
| +25% | +$494K |
|
556
ENI
E
$77.5B
| $2.7M | ﹤0.01% |
79,489
+7,125
| +10% | +$232K |
|
|
PR
557
Permian Resources
PR
$16.9B
| $2.64M | ﹤0.01% |
+194,474
| New | +$2.66M |
|
558
PTC Therapeutics
PTCT
$6.12B
| $2.64M | ﹤0.01% |
95,778
-6,359
| -6% | -$145K |
|
559
Worthington Steel
WS
$1.95B
| $2.56M | ﹤0.01% |
+91,214
| New | +$2.5M |
|
560
Petrobras Class A
PBR.A
$103B
| $2.56M | ﹤0.01% |
+167,675
| New | +$2.4M |
|
561
iShares MSCI Switzerland ETF
EWL
$2.23B
| $2.56M | ﹤0.01% |
53,045
+24,260
| +84% | +$1.08M |
|
562
Hyster-Yale Materials Handling
HY
$665M
| $2.5M | ﹤0.01% |
40,175
-1,282
| -3% | -$61.1K |
|
563
iShares Broad USD Investment Grade Corporate Bond ETF
USIG
$17.3B
| $2.45M | ﹤0.01% |
47,830
-7,132
| -13% | -$348K |
|
564
Enterprise Financial Services Corp
EFSC
$2.39B
| $2.42M | ﹤0.01% |
54,162
-2,719
| -5% | -$106K |
|
|
VTLE
565
DELISTED
Vital Energy
VTLE
| $2.4M | ﹤0.01% |
52,852
+19,165
| +57% | +$919K |
|
566
iShares Russell 1000 Growth ETF
IWF
$128B
| $2.38M | ﹤0.01% |
31,344
+1,040
| +3% | +$73.5K |
|
567
OraSure Technologies
OSUR
$279M
| $2.37M | ﹤0.01% |
288,693
-17,236
| -6% | -$113K |
|
568
Hormel Foods
HRL
$13.8B
| $2.36M | ﹤0.01% |
73,393
+3,100
| +4% | +$101K |
|
569
First Horizon
FHN
$12.1B
| $2.35M | ﹤0.01% |
166,217
+1,297
| +0.8% | +$15.6K |
|
|
HIBB
570
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $2.35M | ﹤0.01% |
32,635
-2,035
| -6% | -$114K |
|
571
Viatris
VTRS
$19.1B
| $2.35M | ﹤0.01% |
216,892
-165
| -0.1% | -$1.58K |
|
572
iShares US Aerospace & Defense ETF
ITA
$14.7B
| $2.32M | ﹤0.01% |
18,306
+8,472
| +86% | +$978K |
|
573
Verizon
VZ
$196B
| $2.31M | ﹤0.01% |
61,369
-10,976
| -15% | -$388K |
|
574
iShares MSCI Germany ETF
EWG
$1.62B
| $2.3M | ﹤0.01% |
77,526
-7,066
| -8% | -$193K |
|
575
First Financial Corp
THFF
$969M
| $2.3M | ﹤0.01% |
53,345
| – | – |
|
Similar funds
Ken Fisher's Q4 2023 Portfolio in Review
As of Q4 2023, Ken Fisher held 1,269 positions worth $189B, up 7.3% from $176B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Ken Fisher withdrew a net $8.48B in Q4 2023, closing 288 positions and reducing 487 holdings. Its most notable exit was SIEMENS AKTIENGESELLSCHAFT ADS, an estimated $828M position sold in full.
By sector, the portfolio is most concentrated in Technology at 30% of assets, up from 27% a quarter earlier, followed by Financials and Consumer Discretionary.
Against the trend, Ken Fisher opened a new position in Veralto worth $93.6M.
- Ken Fisher's largest Q4 2023 buy was Veralto: 1,137,890 shares worth $93.6M.
- Ken Fisher added most to ExxonMobil in Q4 2023, an estimated $1.18B increase.
- Ken Fisher's biggest Q4 2023 reduction was NextEra Energy, cutting an estimated $553M.
- Ken Fisher fully exited SIEMENS AKTIENGESELLSCHAFT ADS in Q4 2023, selling an estimated $828M.
- Ken Fisher's ten largest holdings make up 31% of its $189B portfolio in Q4 2023.
- Ken Fisher opened 101 new positions and closed 288 in Q4 2023.
- Ken Fisher's portfolio value rose 7.3% quarter-over-quarter to $189B.
Based on Fisher Asset Management's 13F filing for Q4 2023, filed 6 Feb 2024.