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 |
Procter & Gamble
PG
|
+$784M |
| 2 |
PepsiCo
PEP
|
+$635M |
| 3 |
UnitedHealth
UNH
|
+$599M |
| 4 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$376M |
| 5 |
JPMorgan Chase
JPM
|
+$359M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ExxonMobil
XOM
|
+$510M |
| 2 |
HES
Hess
HES
|
+$465M |
| 3 |
Uber
UBER
|
+$413M |
| 4 |
SLB Ltd
SLB
|
+$404M |
| 5 |
PayPal
PYPL
|
+$354M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.64% |
| 2 | Financials | 10.93% |
| 3 | Healthcare | 9.92% |
| 4 | Consumer Discretionary | 9.41% |
| 5 | Industrials | 7.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
576
Enterprise Financial Services Corp
EFSC
$2.4B
| $2.13M | ﹤0.01% |
56,881
+8,138
| +17% | +$325K |
|
577
Victory Capital Holdings
VCTR
$6.64B
| $2.09M | ﹤0.01% |
62,804
-10
| -0% | -$334 |
|
578
Resources Connection
RGP
$146M
| $2.09M | ﹤0.01% |
139,847
| – | – |
|
579
Barclays
BCS
$94.2B
| $2.07M | ﹤0.01% |
265,407
-30,420
| -10% | -$236K |
|
580
Tyson Foods
TSN
$20.4B
| $2.06M | ﹤0.01% |
40,884
+19,068
| +87% | +$1.02M |
|
581
PDF Solutions
PDFS
$2.06B
| $2.03M | ﹤0.01% |
62,617
-7,079
| -10% | -$271K |
|
582
Cerence
CRNC
$416M
| $2.02M | ﹤0.01% |
99,264
| – | – |
|
583
iShares Russell 1000 Growth ETF
IWF
$127B
| $2.02M | ﹤0.01% |
30,304
-1,888
| -6% | -$130K |
|
584
Manitowoc
MTW
$679M
| $2M | ﹤0.01% |
132,602
| – | – |
|
585
Ligand Pharmaceuticals
LGND
$5.82B
| $1.99M | ﹤0.01% |
33,262
-2,563
| -7% | -$169K |
|
586
Reliance Steel & Aluminium
RS
$21.6B
| $1.96M | ﹤0.01% |
7,487
| – | – |
|
587
M&T Bank
MTB
$36.2B
| $1.95M | ﹤0.01% |
+15,439
| New | +$2.01M |
|
588
Central Pacific Financial
CPF
$1.01B
| $1.94M | ﹤0.01% |
116,216
+15,349
| +15% | +$262K |
|
589
Altria Group
MO
$114B
| $1.93M | ﹤0.01% |
46,000
-3,340
| -7% | -$148K |
|
590
Amkor Technology
AMKR
$13.6B
| $1.92M | ﹤0.01% |
85,157
-41,630
| -33% | -$1.1M |
|
|
CLDT
591
Chatham Lodging
CLDT
$591M
| $1.87M | ﹤0.01% |
195,721
+26,221
| +15% | +$250K |
|
|
VTLE
592
DELISTED
Vital Energy
VTLE
| $1.87M | ﹤0.01% |
+33,687
| New | +$1.81M |
|
593
Southside Bancshares
SBSI
$975M
| $1.87M | ﹤0.01% |
65,043
+4,238
| +7% | +$126K |
|
|
XYZ
594
Block Inc
XYZ
$47.6B
| $1.85M | ﹤0.01% |
41,808
-79,937
| -66% | -$4.95M |
|
595
Hyster-Yale Materials Handling
HY
$663M
| $1.85M | ﹤0.01% |
41,457
-4,431
| -10% | -$205K |
|
596
First Horizon
FHN
$12.1B
| $1.82M | ﹤0.01% |
+164,920
| New | +$2.04M |
|
597
OraSure Technologies
OSUR
$277M
| $1.81M | ﹤0.01% |
305,929
-65,316
| -18% | -$367K |
|
598
First Financial Corp
THFF
$970M
| $1.8M | ﹤0.01% |
53,345
+19,545
| +58% | +$702K |
|
599
QCR Holdings
QCRH
$1.69B
| $1.8M | ﹤0.01% |
37,146
+16,797
| +83% | +$831K |
|
600
State Street Financial Select Sector SPDR ETF
XLF
$58.3B
| $1.78M | ﹤0.01% |
53,762
-5,148
| -9% | -$177K |
|
Similar funds
Ken Fisher's Q3 2023 Portfolio in Review
As of Q3 2023, Ken Fisher held 1,293 positions worth $176B, down 2.5% from $181B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Ken Fisher's Q3 2023 filing shows 130 new, 437 increased, 474 reduced and 125 closed positions. Its largest new stake was Murphy Oil: 991,976 shares worth $45M. The largest sale was ExxonMobil, an estimated $510M.
By sector, the portfolio is most concentrated in Technology at 27% of assets, down from 28% a quarter earlier, followed by Financials and Healthcare.
- Ken Fisher's largest Q3 2023 buy was Murphy Oil: 991,976 shares worth $45M.
- Ken Fisher added most to Procter & Gamble in Q3 2023, an estimated $784M increase.
- Ken Fisher's biggest Q3 2023 reduction was ExxonMobil, cutting an estimated $510M.
- Ken Fisher fully exited PDC Energy, Inc. in Q3 2023, selling an estimated $78.7M.
- Ken Fisher's ten largest holdings make up 27% of its $176B portfolio in Q3 2023.
- Ken Fisher opened 130 new positions and closed 125 in Q3 2023.
- Ken Fisher's portfolio value fell 2.5% quarter-over-quarter to $176B.
Based on Fisher Asset Management's 13F filing for Q3 2023, filed 13 Nov 2023.