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 |
Canadian Natural Resources
CNQ
|
+$1.58B |
| 2 |
iShares MBS ETF
MBB
|
+$1.49B |
| 3 |
RTX Corp
RTX
|
+$839M |
| 4 |
Microsoft
MSFT
|
+$566M |
| 5 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$555M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Portfolio Short Term Treasury ETF
SPTS
|
+$1.27B |
| 2 |
Advanced Micro Devices
AMD
|
+$920M |
| 3 |
iShares Expanded Tech-Software Sector ETF
IGV
|
+$682M |
| 4 |
VanEck Semiconductor ETF
SMH
|
+$567M |
| 5 |
Vanguard Information Technology ETF
VGT
|
+$291M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 30.6% |
| 2 | Financials | 11.61% |
| 3 | Healthcare | 9.91% |
| 4 | Consumer Discretionary | 9.26% |
| 5 | Industrials | 7.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
551
iShares Broad USD Investment Grade Corporate Bond ETF
USIG
$17.4B
| $2.6M | ﹤0.01% |
51,743
+1,652
| +3% | +$82.6K |
|
552
Stellantis
STLA
$21.3B
| $2.52M | ﹤0.01% |
127,044
-10,099
| -7% | -$234K |
|
553
AT&T
T
$157B
| $2.5M | ﹤0.01% |
131,027
+9,518
| +8% | +$166K |
|
554
Sumitomo Mitsui Financial
SMFG
$161B
| $2.49M | ﹤0.01% |
185,863
-21,828
| -11% | -$264K |
|
555
Barclays
BCS
$96B
| $2.46M | ﹤0.01% |
229,883
-23,902
| -9% | -$249K |
|
556
M&T Bank
MTB
$36.6B
| $2.46M | ﹤0.01% |
16,259
+473
| +3% | +$69.1K |
|
|
POWR
557
iShares U.S. Power Infrastructure ETF
POWR
$457M
| $2.46M | ﹤0.01% |
94,554
-51,554
| -35% | -$1.38M |
|
558
iShares International Treasury Bond ETF
IGOV
$1.54B
| $2.45M | ﹤0.01% |
63,457
+12,478
| +24% | +$486K |
|
559
Victory Capital Holdings
VCTR
$6.36B
| $2.45M | ﹤0.01% |
51,293
-8,368
| -14% | -$410K |
|
560
Viper Energy
VNOM
$8.2B
| $2.37M | ﹤0.01% |
+63,276
| New | +$2.41M |
|
561
Oceaneering
OII
$4.83B
| $2.37M | ﹤0.01% |
100,066
+10,879
| +12% | +$251K |
|
562
Hyster-Yale Materials Handling
HY
$704M
| $2.37M | ﹤0.01% |
33,944
-1,553
| -4% | -$106K |
|
563
NextEra Energy
NEE
$178B
| $2.36M | ﹤0.01% |
33,395
-3,824
| -10% | -$271K |
|
564
Archrock
AROC
$6.09B
| $2.35M | ﹤0.01% |
+116,083
| New | +$2.3M |
|
565
Prologis
PLD
$132B
| $2.31M | ﹤0.01% |
20,566
-172,192
| -89% | -$19.1M |
|
566
Viatris
VTRS
$20.6B
| $2.29M | ﹤0.01% |
215,613
-6,808
| -3% | -$75.2K |
|
567
Altria Group
MO
$113B
| $2.27M | ﹤0.01% |
49,911
+11,252
| +29% | +$499K |
|
568
M/I Homes
MHO
$3.83B
| $2.25M | ﹤0.01% |
18,432
-2,763
| -13% | -$338K |
|
569
Enterprise Financial Services Corp
EFSC
$2.43B
| $2.22M | ﹤0.01% |
54,162
| – | – |
|
570
MiMedx Group
MDXG
$612M
| $2.19M | ﹤0.01% |
315,830
-15,626
| -5% | -$110K |
|
571
Gerdau
GGB
$9.95B
| $2.17M | ﹤0.01% |
656,394
-113,909
| -15% | -$402K |
|
572
Astronics
ATRO
$3.79B
| $2.16M | ﹤0.01% |
129,434
| – | – |
|
573
State Street Technology Select Sector SPDR ETF
XLK
$123B
| $2.16M | ﹤0.01% |
19,094
-454
| -2% | -$47.8K |
|
574
iShares US Aerospace & Defense ETF
ITA
$14.8B
| $2.12M | ﹤0.01% |
16,051
-1,839
| -10% | -$244K |
|
575
GE Aerospace
GE
$395B
| $2.07M | ﹤0.01% |
12,994
-3,348
| -20% | -$535K |
|
Similar funds
Ken Fisher's Q2 2024 Portfolio in Review
As of Q2 2024, Ken Fisher held 1,069 positions worth $230B, up 7.4% from $214B the previous quarter. Its ten largest holdings account for 34% of the portfolio.
Ken Fisher deployed $7.03B of net new capital in Q2 2024, opening 105 new positions and adding to 492 existing holdings. Its largest new stake was ZTO Express: 3,166,868 shares worth $65.7M.
By sector, the portfolio is most concentrated in Technology at 31% of assets, up from 29% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was State Street SPDR Portfolio Short Term Treasury ETF, an estimated $1.27B trimmed.
- Ken Fisher's largest Q2 2024 buy was ZTO Express: 3,166,868 shares worth $65.7M.
- Ken Fisher added most to Canadian Natural Resources in Q2 2024, an estimated $1.58B increase.
- Ken Fisher's biggest Q2 2024 reduction was State Street SPDR Portfolio Short Term Treasury ETF, cutting an estimated $1.27B.
- Ken Fisher fully exited Thor Industries in Q2 2024, selling an estimated $24.5M.
- Ken Fisher's ten largest holdings make up 34% of its $230B portfolio in Q2 2024.
- Ken Fisher opened 105 new positions and closed 83 in Q2 2024.
- Ken Fisher's portfolio value rose 7.4% quarter-over-quarter to $230B.
Based on Fisher Asset Management's 13F filing for Q2 2024, filed 14 Aug 2024.