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 |
Netflix
NFLX
|
+$808M |
| 2 |
Amazon
AMZN
|
+$805M |
| 3 |
DOCU
DocuSign
DOCU
|
+$696M |
| 4 |
Intuit
INTU
|
+$684M |
| 5 |
Meta Platforms (Facebook)
META
|
+$662M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Walmart Inc
WMT
|
+$1.14B |
| 2 |
Walt Disney
DIS
|
+$959M |
| 3 |
Intel
INTC
|
+$891M |
| 4 |
UnitedHealth
UNH
|
+$704M |
| 5 |
Visa
V
|
+$609M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 30.01% |
| 2 | Healthcare | 10.79% |
| 3 | Financials | 10.13% |
| 4 | Consumer Discretionary | 9.89% |
| 5 | Communication Services | 8.19% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
601
Camden Property Trust
CPT
$11B
| $788K | ﹤0.01% |
4,409
| – | – |
|
602
SouthState Bank Corp
SSB
$10.5B
| $788K | ﹤0.01% |
9,836
+98
| +1% | +$7.79K |
|
603
Church & Dwight Co
CHD
$24.5B
| $782K | ﹤0.01% |
7,627
-725
| -9% | -$65.7K |
|
604
Duke Energy
DUK
$96.6B
| $781K | ﹤0.01% |
7,441
-496
| -6% | -$50.3K |
|
605
Amphenol
APH
$210B
| $780K | ﹤0.01% |
17,834
+386
| +2% | +$15.6K |
|
606
First Trust Dow Jones Internet Index Fund ETF
FDN
$5.34B
| $776K | ﹤0.01% |
3,430
-126
| -4% | -$29.8K |
|
607
iShares 5-10 Year Investment Grade Corporate Bond ETF
IGIB
$18.6B
| $772K | ﹤0.01% |
13,027
+457
| +4% | +$27.2K |
|
608
Open Text
OTEX
$6.23B
| $764K | ﹤0.01% |
16,100
-146
| -0.9% | -$7.18K |
|
609
Vanguard Morningstar Value ETF
VTV
$191B
| $760K | ﹤0.01% |
5,167
+531
| +11% | +$75.8K |
|
610
Vanguard Tax-Exempt Bond Index Fund
VTEB
$45.2B
| $744K | ﹤0.01% |
13,541
+3,933
| +41% | +$216K |
|
611
Collegium Pharmaceutical
COLL
$944M
| $740K | ﹤0.01% |
39,593
+19,244
| +95% | +$375K |
|
612
iShares Russell 2000 ETF
IWM
$82.1B
| $739K | ﹤0.01% |
3,323
+1,300
| +64% | +$294K |
|
613
Arthur J. Gallagher & Co
AJG
$64.5B
| $737K | ﹤0.01% |
+4,343
| New | +$710K |
|
614
Mondelez International
MDLZ
$80.1B
| $727K | ﹤0.01% |
10,961
-1,392
| -11% | -$85.9K |
|
|
CTRA
615
DELISTED
Coterra Energy
CTRA
| $713K | ﹤0.01% |
+37,539
| New | +$783K |
|
|
SPPI
616
DELISTED
Spectrum Pharmaceuticals Inc
SPPI
| $692K | ﹤0.01% |
545,198
+487,323
| +842% | +$871K |
|
617
Illinois Tool Works
ITW
$84.8B
| $676K | ﹤0.01% |
2,740
+248
| +10% | +$57.6K |
|
618
iShares S&P 500 Growth ETF
IVW
$77B
| $673K | ﹤0.01% |
8,046
+4,365
| +119% | +$352K |
|
619
Lexicon Pharmaceuticals
LXRX
$1.05B
| $673K | ﹤0.01% |
+170,770
| New | +$829K |
|
620
Eagle Bancorp
EGBN
$849M
| $671K | ﹤0.01% |
11,493
| – | – |
|
621
Expedia Group
EXPE
$36.8B
| $662K | ﹤0.01% |
3,663
-232
| -6% | -$39.4K |
|
622
Travelers Companies
TRV
$80.5B
| $660K | ﹤0.01% |
4,219
+2,797
| +197% | +$437K |
|
623
iShares Broad USD Investment Grade Corporate Bond ETF
USIG
$17.3B
| $660K | ﹤0.01% |
11,055
+1,450
| +15% | +$87K |
|
624
Live Nation Entertainment
LYV
$42.3B
| $658K | ﹤0.01% |
5,496
-2,585
| -32% | -$279K |
|
625
Moderna
MRNA
$21.5B
| $657K | ﹤0.01% |
2,585
+319
| +14% | +$93.3K |
|
Similar funds
Ken Fisher's Q4 2021 Portfolio in Review
As of Q4 2021, Ken Fisher held 1,147 positions worth $179B, up 11% from $161B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Ken Fisher deployed $7.67B of net new capital in Q4 2021, opening 119 new positions and adding to 524 existing holdings. Its largest new stake was DocuSign: 3,052,026 shares worth $465M.
By sector, the portfolio is most concentrated in Technology at 30% of assets, up from 27% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was Walmart Inc, an estimated $1.14B trimmed.
- Ken Fisher's largest Q4 2021 buy was DocuSign: 3,052,026 shares worth $465M.
- Ken Fisher added most to Netflix in Q4 2021, an estimated $808M increase.
- Ken Fisher's biggest Q4 2021 reduction was Walmart Inc, cutting an estimated $1.14B.
- Ken Fisher fully exited Kansas City Southern in Q4 2021, selling an estimated $64.7M.
- Ken Fisher's ten largest holdings make up 32% of its $179B portfolio in Q4 2021.
- Ken Fisher opened 119 new positions and closed 80 in Q4 2021.
- Ken Fisher's portfolio value rose 11% quarter-over-quarter to $179B.
Based on Fisher Asset Management's 13F filing for Q4 2021, filed 2 Feb 2022.