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 |
ExxonMobil
XOM
|
+$1.18B |
| 2 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$340M |
| 3 |
Coca-Cola
KO
|
+$280M |
| 4 |
NVIDIA
NVDA
|
+$274M |
| 5 |
iShares US Pharmaceuticals ETF
IHE
|
+$209M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
SI
SIEMENS AKTIENGESELLSCHAFT ADS
SI
|
+$828M |
| 2 |
ABB
ABB Ltd
ABB
|
+$679M |
| 3 |
NextEra Energy
NEE
|
+$553M |
| 4 |
iShares Expanded Tech-Software Sector ETF
IGV
|
+$231M |
| 5 |
PepsiCo
PEP
|
+$224M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 30% |
| 2 | Financials | 12.45% |
| 3 | Consumer Discretionary | 10.07% |
| 4 | Healthcare | 9.87% |
| 5 | Industrials | 7.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
601
Nasdaq
NDAQ
$52.9B
| $1.86M | ﹤0.01% |
31,969
+6,989
| +28% | +$368K |
|
602
Icon
ICLR
$12.7B
| $1.86M | ﹤0.01% |
6,560
+2,816
| +75% | +$729K |
|
|
FARO
603
DELISTED
Faro Technologies
FARO
| $1.85M | ﹤0.01% |
81,975
| – | – |
|
604
InterContinental Hotels
IHG
$23.2B
| $1.84M | ﹤0.01% |
20,175
+82
| +0.4% | +$6.47K |
|
605
CNB Financial Corp
CCNE
$1.03B
| $1.83M | ﹤0.01% |
81,130
-5,769
| -7% | -$116K |
|
606
German American Bancorp
GABC
$1.9B
| $1.83M | ﹤0.01% |
56,422
-4,115
| -7% | -$120K |
|
607
Installed Building Products
IBP
$6.57B
| $1.83M | ﹤0.01% |
10,002
-3,315
| -25% | -$465K |
|
608
Stewart Information Services
STC
$2.08B
| $1.83M | ﹤0.01% |
31,065
| – | – |
|
609
Old Second Bancorp
OSBC
$1.3B
| $1.8M | ﹤0.01% |
116,844
| – | – |
|
610
Reliance Steel & Aluminium
RS
$21.6B
| $1.8M | ﹤0.01% |
6,431
-1,056
| -14% | -$280K |
|
611
Altria Group
MO
$114B
| $1.77M | ﹤0.01% |
43,920
-2,080
| -5% | -$86K |
|
612
BJ's Restaurants
BJRI
$1.48B
| $1.77M | ﹤0.01% |
49,197
+1,288
| +3% | +$36.6K |
|
613
iShares International Treasury Bond ETF
IGOV
$1.54B
| $1.77M | ﹤0.01% |
+42,758
| New | +$1.65M |
|
614
Credicorp
BAP
$30.7B
| $1.76M | ﹤0.01% |
11,757
+2,889
| +33% | +$375K |
|
615
PDF Solutions
PDFS
$2.07B
| $1.76M | ﹤0.01% |
54,810
-7,807
| -12% | -$237K |
|
616
Vanguard Industrials ETF
VIS
$8.39B
| $1.76M | ﹤0.01% |
7,980
-122
| -2% | -$24.6K |
|
617
Titan Machinery
TITN
$445M
| $1.74M | ﹤0.01% |
60,257
+21,703
| +56% | +$562K |
|
618
Vanguard Morningstar Mega Cap Growth ETF
MGK
$34.2B
| $1.71M | ﹤0.01% |
32,895
+25,180
| +326% | +$1.22M |
|
619
W&T Offshore
WTI
$518M
| $1.69M | ﹤0.01% |
517,245
-55,513
| -10% | -$205K |
|
620
Alkermes
ALKS
$8.25B
| $1.66M | ﹤0.01% |
59,942
+572
| +1% | +$14.9K |
|
|
FBMS
621
DELISTED
The First Bancshares, Inc.
FBMS
| $1.66M | ﹤0.01% |
56,498
-9,211
| -14% | -$246K |
|
622
Hackett Group
HCKT
$287M
| $1.65M | ﹤0.01% |
72,597
| – | – |
|
623
Target
TGT
$68B
| $1.65M | ﹤0.01% |
11,561
-14,797
| -56% | -$1.81M |
|
624
Grocery Outlet
GO
$980M
| $1.63M | ﹤0.01% |
60,617
+40
| +0.1% | +$1.12K |
|
625
VSE Corp
VSEC
$6.12B
| $1.62M | ﹤0.01% |
25,093
+710
| +3% | +$41.7K |
|
Similar funds
Ken Fisher's Q4 2023 Portfolio in Review
As of Q4 2023, Ken Fisher held 1,269 positions worth $189B, up 7.3% from $176B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Ken Fisher withdrew a net $8.48B in Q4 2023, closing 288 positions and reducing 487 holdings. Its most notable exit was SIEMENS AKTIENGESELLSCHAFT ADS, an estimated $828M position sold in full.
By sector, the portfolio is most concentrated in Technology at 30% of assets, up from 27% a quarter earlier, followed by Financials and Consumer Discretionary.
Against the trend, Ken Fisher opened a new position in Veralto worth $93.6M.
- Ken Fisher's largest Q4 2023 buy was Veralto: 1,137,890 shares worth $93.6M.
- Ken Fisher added most to ExxonMobil in Q4 2023, an estimated $1.18B increase.
- Ken Fisher's biggest Q4 2023 reduction was NextEra Energy, cutting an estimated $553M.
- Ken Fisher fully exited SIEMENS AKTIENGESELLSCHAFT ADS in Q4 2023, selling an estimated $828M.
- Ken Fisher's ten largest holdings make up 31% of its $189B portfolio in Q4 2023.
- Ken Fisher opened 101 new positions and closed 288 in Q4 2023.
- Ken Fisher's portfolio value rose 7.3% quarter-over-quarter to $189B.
Based on Fisher Asset Management's 13F filing for Q4 2023, filed 6 Feb 2024.