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 |
iShares 7-10 Year Treasury Bond ETF
IEF
|
+$2.87B |
| 2 |
NVIDIA
NVDA
|
+$358M |
| 3 |
Suncor Energy
SU
|
+$287M |
| 4 |
Microsoft
MSFT
|
+$278M |
| 5 |
Apple
AAPL
|
+$200M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$1.8B |
| 2 |
Canadian Natural Resources
CNQ
|
+$205M |
| 3 |
Intuit
INTU
|
+$177M |
| 4 |
Adobe
ADBE
|
+$120M |
| 5 |
GTLS
Chart Industries
GTLS
|
+$95.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.4% |
| 2 | Financials | 18.68% |
| 3 | Industrials | 9.33% |
| 4 | Healthcare | 8.68% |
| 5 | Communication Services | 6.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
576
iShares S&P 500 Value ETF
IVE
$49.8B
| $1.95M | ﹤0.01% |
9,429
+7,440
| +374% | +$1.49M |
|
577
Automatic Data Processing
ADP
$108B
| $1.94M | ﹤0.01% |
6,619
+1,142
| +21% | +$344K |
|
578
KraneShares CSI China Internet ETF
KWEB
$5.67B
| $1.94M | ﹤0.01% |
46,066
+595
| +1% | +$22.3K |
|
579
Exelixis
EXEL
$13.4B
| $1.93M | ﹤0.01% |
46,812
+1,982
| +4% | +$79.7K |
|
580
iShares Semiconductor ETF
SOXX
$48.7B
| $1.89M | ﹤0.01% |
6,974
-1,541
| -18% | -$384K |
|
|
PPL
581
PPL Corp
PPL
$26.7B
| $1.88M | ﹤0.01% |
+50,466
| New | +$1.81M |
|
582
Mizuho Financial
MFG
$130B
| $1.87M | ﹤0.01% |
279,459
+13,385
| +5% | +$83.5K |
|
583
MSCI
MSCI
$40.9B
| $1.87M | ﹤0.01% |
3,295
-183
| -5% | -$103K |
|
|
GTLS
584
DELISTED
Chart Industries
GTLS
| $1.87M | ﹤0.01% |
9,338
-500,950
| -98% | -$95.2M |
|
585
Invesco NASDAQ 100 ETF
QQQM
$102B
| $1.83M | ﹤0.01% |
7,411
+521
| +8% | +$123K |
|
586
Stepan Co
SCL
$1.48B
| $1.83M | ﹤0.01% |
38,360
| – | – |
|
587
Vanguard Total International Bond ETF
BNDX
$82.2B
| $1.83M | ﹤0.01% |
36,964
+27,909
| +308% | +$1.38M |
|
|
VTLE
588
DELISTED
Vital Energy
VTLE
| $1.82M | ﹤0.01% |
107,919
-382
| -0.4% | -$6.46K |
|
589
CNB Financial Corp
CCNE
$1.03B
| $1.82M | ﹤0.01% |
75,175
| – | – |
|
590
MiMedx Group
MDXG
$633M
| $1.82M | ﹤0.01% |
260,242
-12,760
| -5% | -$88.7K |
|
591
Wells Fargo
WFC
$264B
| $1.81M | ﹤0.01% |
21,572
-1,388
| -6% | -$113K |
|
592
AnaptysBio
ANAB
$1.68B
| $1.8M | ﹤0.01% |
58,878
-21
| -0% | -$482 |
|
|
PDM
593
Piedmont Realty Trust
PDM
$1.19B
| $1.78M | ﹤0.01% |
197,368
+500
| +0.3% | +$4.02K |
|
594
Devon Energy
DVN
$47.3B
| $1.77M | ﹤0.01% |
50,588
-1,936
| -4% | -$65.9K |
|
595
Old Second Bancorp
OSBC
$1.3B
| $1.77M | ﹤0.01% |
102,505
-5,518
| -5% | -$99.4K |
|
596
Tango Therapeutics
TNGX
$4.41B
| $1.77M | ﹤0.01% |
210,352
-13,725
| -6% | -$92.9K |
|
597
KeyCorp
KEY
$24.4B
| $1.77M | ﹤0.01% |
94,445
-231
| -0.2% | -$4.28K |
|
598
Tyson Foods
TSN
$20.4B
| $1.75M | ﹤0.01% |
32,240
-399
| -1% | -$22K |
|
599
Comcast
CMCSA
$90B
| $1.74M | ﹤0.01% |
55,512
-5,107
| -8% | -$171K |
|
600
Semtech
SMTC
$13B
| $1.72M | ﹤0.01% |
24,069
-1,711
| -7% | -$92.9K |
|
Similar funds
Ken Fisher's Q3 2025 Portfolio in Review
As of Q3 2025, Ken Fisher held 1,094 positions worth $276B, up 9.7% from $252B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Ken Fisher's Q3 2025 filing shows 108 new, 450 increased, 424 reduced and 80 closed positions. Its largest new stake was Sanmina: 166,861 shares worth $19.2M. The largest sale was Vanguard Intermediate-Term Corporate Bond ETF, an estimated $1.8B.
By sector, the portfolio is most concentrated in Technology at 26% of assets, up from 25% a quarter earlier, followed by Financials and Industrials.
- Ken Fisher's largest Q3 2025 buy was Sanmina: 166,861 shares worth $19.2M.
- Ken Fisher added most to iShares 7-10 Year Treasury Bond ETF in Q3 2025, an estimated $2.87B increase.
- Ken Fisher's biggest Q3 2025 reduction was Vanguard Intermediate-Term Corporate Bond ETF, cutting an estimated $1.8B.
- Ken Fisher fully exited WEX in Q3 2025, selling an estimated $14.2M.
- Ken Fisher's ten largest holdings make up 32% of its $276B portfolio in Q3 2025.
- Ken Fisher opened 108 new positions and closed 80 in Q3 2025.
- Ken Fisher's portfolio value rose 9.7% quarter-over-quarter to $276B.
Based on Fisher Asset Management's 13F filing for Q3 2025, filed 12 Nov 2025.