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 |
SAP
SAP
|
+$2.15B |
| 2 |
UBS Group
UBS
|
+$1.53B |
| 3 |
BP
BP
|
+$1.23B |
| 4 |
Spotify
SPOT
|
+$1.13B |
| 5 |
Barclays
BCS
|
+$1.09B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$2.73B |
| 2 |
Advanced Micro Devices
AMD
|
+$2.53B |
| 3 |
Alphabet (Google) Class A
GOOGL
|
+$2.47B |
| 4 |
Broadcom
AVGO
|
+$2.43B |
| 5 |
Netflix
NFLX
|
+$2.34B |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 24.26% |
| 2 | Financials | 16.92% |
| 3 | Healthcare | 11.65% |
| 4 | Industrials | 8.55% |
| 5 | Energy | 7.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
576
Tyson Foods
TSN
$20.4B
| $2.06M | ﹤0.01% |
32,287
-17,301
| -35% | -$1.02M |
|
577
Invesco NASDAQ 100 ETF
QQQM
$102B
| $2.06M | ﹤0.01% |
10,662
-23,381
| -69% | -$4.89M |
|
578
Wells Fargo
WFC
$264B
| $2.05M | ﹤0.01% |
28,579
-1,210
| -4% | -$90.8K |
|
579
British American Tobacco
BTI
$128B
| $2.05M | ﹤0.01% |
49,535
+2,926
| +6% | +$115K |
|
580
iShares US Aerospace & Defense ETF
ITA
$14.7B
| $2.03M | ﹤0.01% |
13,227
+389
| +3% | +$59.4K |
|
|
CPRX
581
DELISTED
Catalyst Pharmaceutical
CPRX
| $1.99M | ﹤0.01% |
82,168
-4,679
| -5% | -$105K |
|
582
QCR Holdings
QCRH
$1.7B
| $1.97M | ﹤0.01% |
27,678
-1,342
| -5% | -$102K |
|
583
Vanguard Industrials ETF
VIS
$8.39B
| $1.96M | ﹤0.01% |
7,915
+63
| +0.8% | +$16.3K |
|
584
Oneok
OKE
$54.5B
| $1.95M | ﹤0.01% |
19,642
+5,716
| +41% | +$567K |
|
585
VSE Corp
VSEC
$6.12B
| $1.93M | ﹤0.01% |
16,113
-806
| -5% | -$86.4K |
|
586
Hackett Group
HCKT
$287M
| $1.92M | ﹤0.01% |
65,782
-3,277
| -5% | -$98.6K |
|
587
Arista Networks
ANET
$238B
| $1.83M | ﹤0.01% |
23,663
-3,729
| -14% | -$378K |
|
588
Oppenheimer Holdings
OPY
$1.2B
| $1.83M | ﹤0.01% |
30,709
| – | – |
|
589
Schwab US Dividend Equity ETF
SCHD
$105B
| $1.82M | ﹤0.01% |
65,195
+23,058
| +55% | +$643K |
|
590
Prologis
PLD
$133B
| $1.82M | ﹤0.01% |
16,297
+283
| +2% | +$32.7K |
|
591
iShares Semiconductor ETF
SOXX
$48.7B
| $1.81M | ﹤0.01% |
9,598
-1,988
| -17% | -$424K |
|
|
VTLE
592
DELISTED
Vital Energy
VTLE
| $1.8M | ﹤0.01% |
84,881
+19,089
| +29% | +$553K |
|
593
Old Second Bancorp
OSBC
$1.29B
| $1.8M | ﹤0.01% |
108,023
| – | – |
|
594
German American Bancorp
GABC
$1.9B
| $1.78M | ﹤0.01% |
47,557
-2,554
| -5% | -$101K |
|
595
Texas Instruments
TXN
$261B
| $1.75M | ﹤0.01% |
9,731
-203,126
| -95% | -$38M |
|
|
FBMS
596
DELISTED
The First Bancshares, Inc.
FBMS
| $1.75M | ﹤0.01% |
51,703
| – | – |
|
597
3M
MMM
$94.3B
| $1.75M | ﹤0.01% |
11,892
-385
| -3% | -$56.6K |
|
598
Baidu
BIDU
$37.2B
| $1.73M | ﹤0.01% |
18,807
+7,859
| +72% | +$706K |
|
599
General Dynamics
GD
$106B
| $1.71M | ﹤0.01% |
6,281
+2,913
| +86% | +$757K |
|
600
Waste Management
WM
$91B
| $1.69M | ﹤0.01% |
7,302
-442
| -6% | -$97.9K |
|
Similar funds
Ken Fisher's Q1 2025 Portfolio in Review
As of Q1 2025, Ken Fisher held 1,092 positions worth $231B, down 8.1% from $251B the previous quarter. Its ten largest holdings account for 30% of the portfolio.
Ken Fisher withdrew a net $11.5B in Q1 2025, closing 93 positions and reducing 435 holdings. Its most notable exit was United Microelectronic, an estimated $47.4M position sold in full.
By sector, the portfolio is most concentrated in Technology at 24% of assets, down from 30% a quarter earlier, followed by Financials and Healthcare.
Against the trend, Ken Fisher opened a new position in Spotify worth $1.12B.
- Ken Fisher's largest Q1 2025 buy was Spotify: 2,028,898 shares worth $1.12B.
- Ken Fisher added most to SAP in Q1 2025, an estimated $2.15B increase.
- Ken Fisher's biggest Q1 2025 reduction was Amazon, cutting an estimated $2.73B.
- Ken Fisher fully exited United Microelectronic in Q1 2025, selling an estimated $47.4M.
- Ken Fisher's ten largest holdings make up 30% of its $231B portfolio in Q1 2025.
- Ken Fisher opened 117 new positions and closed 93 in Q1 2025.
- Ken Fisher's portfolio value fell 8.1% quarter-over-quarter to $231B.
Based on Fisher Asset Management's 13F filing for Q1 2025, filed 14 May 2025.