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 | |
|---|---|---|---|---|---|---|
576
Estee Lauder
EL
$31.6B
| $2.04M | ﹤0.01% |
19,211
+11,251
| +141% | +$1.48M |
|
|
PR
577
Permian Resources
PR
$17B
| $2.04M | ﹤0.01% |
126,438
-6,169
| -5% | -$102K |
|
578
Vanguard Tax-Exempt Bond Index Fund
VTEB
$45.2B
| $2.03M | ﹤0.01% |
40,471
-3,549
| -8% | -$178K |
|
579
Central Pacific Financial
CPF
$1.03B
| $2.02M | ﹤0.01% |
95,397
| – | – |
|
580
Nasdaq
NDAQ
$52.8B
| $2.02M | ﹤0.01% |
33,504
+1,030
| +3% | +$62.4K |
|
581
InterContinental Hotels
IHG
$23.6B
| $2.01M | ﹤0.01% |
19,001
+405
| +2% | +$41K |
|
|
RDUS
582
DELISTED
Radius Recycling
RDUS
| $2.01M | ﹤0.01% |
131,681
-17,118
| -12% | -$299K |
|
|
RYZ
583
Ryerson Holding Corp
RYZ
$1.42B
| $2.01M | ﹤0.01% |
103,067
-19,952
| -16% | -$514K |
|
584
State Street SPDR Portfolio Intermediate Term Corporate Bond ETF
SPIB
$11.5B
| $2M | ﹤0.01% |
61,526
-6,059
| -9% | -$196K |
|
|
DAY
585
DELISTED
Dayforce
DAY
| $1.99M | ﹤0.01% |
40,029
-6,670
| -14% | -$381K |
|
586
Credicorp
BAP
$31.5B
| $1.98M | ﹤0.01% |
12,255
+696
| +6% | +$115K |
|
587
VSE Corp
VSEC
$6.08B
| $1.96M | ﹤0.01% |
22,234
-1,219
| -5% | -$97.8K |
|
588
Stewart Information Services
STC
$2.07B
| $1.93M | ﹤0.01% |
31,065
| – | – |
|
589
Pricesmart
PSMT
$5.97B
| $1.93M | ﹤0.01% |
23,708
+9,849
| +71% | +$811K |
|
590
State Street Health Care Select Sector SPDR ETF
XLV
$42.3B
| $1.92M | ﹤0.01% |
13,179
-2,301
| -15% | -$330K |
|
591
Progressive
PGR
$124B
| $1.92M | ﹤0.01% |
9,233
+631
| +7% | +$132K |
|
592
Marathon Petroleum
MPC
$91.2B
| $1.91M | ﹤0.01% |
10,997
+2,443
| +29% | +$454K |
|
593
German American Bancorp
GABC
$1.92B
| $1.87M | ﹤0.01% |
52,781
| – | – |
|
|
NPKI
594
NPK International
NPKI
$1.18B
| $1.87M | ﹤0.01% |
224,484
-15,559
| -6% | -$120K |
|
595
iShares Russell 2000 ETF
IWM
$83.4B
| $1.86M | ﹤0.01% |
9,156
+4,439
| +94% | +$897K |
|
596
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.59B
| $1.86M | ﹤0.01% |
12,765
-16,087
| -56% | -$2.43M |
|
597
First Financial Corp
THFF
$984M
| $1.85M | ﹤0.01% |
50,205
| – | – |
|
598
QCR Holdings
QCRH
$1.71B
| $1.82M | ﹤0.01% |
30,387
| – | – |
|
599
Marriott International
MAR
$93B
| $1.81M | ﹤0.01% |
7,483
+77
| +1% | +$18.5K |
|
600
Arista Networks
ANET
$247B
| $1.78M | ﹤0.01% |
20,336
-2,812
| -12% | -$209K |
|
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.