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 |
Royal Bank of Canada
RY
|
+$647M |
| 2 |
Sony
SONY
|
+$407M |
| 3 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$394M |
| 4 |
SAP
SAP
|
+$333M |
| 5 |
Canadian Pacific Kansas City
CP
|
+$308M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Oracle
ORCL
|
+$1.41B |
| 2 |
NVIDIA
NVDA
|
+$1.04B |
| 3 |
Salesforce
CRM
|
+$1.02B |
| 4 |
Eli Lilly
LLY
|
+$883M |
| 5 |
JPMorgan Chase
JPM
|
+$764M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.47% |
| 2 | Financials | 18.4% |
| 3 | Industrials | 9.35% |
| 4 | Healthcare | 9.18% |
| 5 | Communication Services | 6.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
576
iShares Russell 1000 ETF
IWB
$49.8B
| $1.97M | ﹤0.01% |
5,785
+969
| +20% | +$304K |
|
577
Manitowoc
MTW
$512M
| $1.96M | ﹤0.01% |
163,163
+45,523
| +39% | +$447K |
|
578
BJ's Restaurants
BJRI
$1.44B
| $1.95M | ﹤0.01% |
43,754
-2,146
| -5% | -$84.7K |
|
579
Ambev
ABEV
$46.8B
| $1.94M | ﹤0.01% |
805,384
-133,026
| -14% | -$324K |
|
580
Vanguard Morningstar Value ETF
VTV
$191B
| $1.93M | ﹤0.01% |
10,905
+3,780
| +53% | +$638K |
|
581
Old Second Bancorp
OSBC
$1.32B
| $1.92M | ﹤0.01% |
108,023
| – | – |
|
582
State Street SPDR S&P Metals & Mining ETF
XME
$4.28B
| $1.9M | ﹤0.01% |
28,288
+11,100
| +65% | +$659K |
|
583
Target
TGT
$67.1B
| $1.9M | ﹤0.01% |
19,223
+14,036
| +271% | +$1.35M |
|
584
Colgate-Palmolive
CL
$74.4B
| $1.89M | ﹤0.01% |
20,789
-47,392
| -70% | -$4.33M |
|
585
Schwab US Dividend Equity ETF
SCHD
$105B
| $1.88M | ﹤0.01% |
71,084
+5,889
| +9% | +$154K |
|
586
QCR Holdings
QCRH
$1.72B
| $1.88M | ﹤0.01% |
27,678
| – | – |
|
587
Wells Fargo
WFC
$270B
| $1.84M | ﹤0.01% |
22,960
-5,619
| -20% | -$405K |
|
588
German American Bancorp
GABC
$1.92B
| $1.83M | ﹤0.01% |
47,557
| – | – |
|
589
Tyson Foods
TSN
$20.5B
| $1.83M | ﹤0.01% |
32,639
+352
| +1% | +$20.2K |
|
|
CPRX
590
DELISTED
Catalyst Pharmaceutical
CPRX
| $1.8M | ﹤0.01% |
83,137
+969
| +1% | +$22.9K |
|
591
General Dynamics
GD
$104B
| $1.79M | ﹤0.01% |
6,145
-136
| -2% | -$37.4K |
|
592
iShares Broad USD Investment Grade Corporate Bond ETF
USIG
$17.4B
| $1.79M | ﹤0.01% |
34,845
+12,783
| +58% | +$646K |
|
593
Waste Management
WM
$89.7B
| $1.76M | ﹤0.01% |
7,684
+382
| +5% | +$88.6K |
|
|
VTLE
594
DELISTED
Vital Energy
VTLE
| $1.74M | ﹤0.01% |
108,301
+23,420
| +28% | +$383K |
|
595
National Grid
NGG
$80.7B
| $1.72M | ﹤0.01% |
23,485
+8,247
| +54% | +$567K |
|
596
Hormel Foods
HRL
$13.9B
| $1.72M | ﹤0.01% |
56,940
-15,377
| -21% | -$464K |
|
597
CNB Financial Corp
CCNE
$1.05B
| $1.72M | ﹤0.01% |
75,175
| – | – |
|
|
TGI
598
DELISTED
Triumph Group
TGI
| $1.69M | ﹤0.01% |
65,696
| – | – |
|
599
Automatic Data Processing
ADP
$107B
| $1.69M | ﹤0.01% |
5,477
+1,641
| +43% | +$504K |
|
600
Gorman-Rupp
GRC
$2.25B
| $1.68M | ﹤0.01% |
45,626
+312
| +0.7% | +$11.2K |
|
Similar funds
Ken Fisher's Q2 2025 Portfolio in Review
As of Q2 2025, Ken Fisher held 1,093 positions worth $252B, up 9% from $231B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Ken Fisher's Q2 2025 filing shows 94 new, 337 increased, 522 reduced and 107 closed positions. Its largest new stake was Canadian National Railway: 1,823,800 shares worth $190M. The largest sale was Oracle, an estimated $1.41B.
By sector, the portfolio is most concentrated in Technology at 25% of assets, up from 24% a quarter earlier, followed by Financials and Industrials.
- Ken Fisher's largest Q2 2025 buy was Canadian National Railway: 1,823,800 shares worth $190M.
- Ken Fisher added most to Royal Bank of Canada in Q2 2025, an estimated $647M increase.
- Ken Fisher's biggest Q2 2025 reduction was Oracle, cutting an estimated $1.41B.
- Ken Fisher fully exited Tenable Holdings in Q2 2025, selling an estimated $43.2M.
- Ken Fisher's ten largest holdings make up 31% of its $252B portfolio in Q2 2025.
- Ken Fisher opened 94 new positions and closed 107 in Q2 2025.
- Ken Fisher's portfolio value rose 9% quarter-over-quarter to $252B.
Based on Fisher Asset Management's 13F filing for Q2 2025, filed 13 Aug 2025.