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 |
Canadian Natural Resources
CNQ
|
+$1.58B |
| 2 |
iShares MBS ETF
MBB
|
+$1.49B |
| 3 |
RTX Corp
RTX
|
+$839M |
| 4 |
Microsoft
MSFT
|
+$566M |
| 5 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$555M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Portfolio Short Term Treasury ETF
SPTS
|
+$1.27B |
| 2 |
Advanced Micro Devices
AMD
|
+$920M |
| 3 |
iShares Expanded Tech-Software Sector ETF
IGV
|
+$682M |
| 4 |
VanEck Semiconductor ETF
SMH
|
+$567M |
| 5 |
Vanguard Information Technology ETF
VGT
|
+$291M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 30.6% |
| 2 | Financials | 11.61% |
| 3 | Healthcare | 9.91% |
| 4 | Consumer Discretionary | 9.26% |
| 5 | Industrials | 7.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
601
Reliance Steel & Aluminium
RS
$21.2B
| $1.78M | ﹤0.01% |
6,222
+5
| +0.1% | +$1.51K |
|
602
Expeditors International
EXPD
$23.8B
| $1.77M | ﹤0.01% |
14,147
+82
| +0.6% | +$9.77K |
|
603
DXP Enterprises
DXPE
$2.64B
| $1.76M | ﹤0.01% |
38,493
-2,166
| -5% | -$109K |
|
|
CDMO
604
DELISTED
Avid Bioservices, Inc. Common Stock
CDMO
| $1.75M | ﹤0.01% |
245,662
+13,985
| +6% | +$107K |
|
605
Vanguard Industrials ETF
VIS
$8.43B
| $1.75M | ﹤0.01% |
7,420
+144
| +2% | +$34.3K |
|
606
Quanex
NX
$959M
| $1.73M | ﹤0.01% |
62,612
| – | – |
|
607
Fortinet
FTNT
$122B
| $1.72M | ﹤0.01% |
28,618
+7,873
| +38% | +$490K |
|
608
PDF Solutions
PDFS
$2.11B
| $1.72M | ﹤0.01% |
47,334
+25
| +0.1% | +$836 |
|
609
iShares Core S&P Mid-Cap ETF
IJH
$126B
| $1.71M | ﹤0.01% |
29,255
+14,375
| +97% | +$845K |
|
610
Republic Services
RSG
$63.2B
| $1.7M | ﹤0.01% |
8,762
+387
| +5% | +$73K |
|
611
Icon
ICLR
$12.6B
| $1.7M | ﹤0.01% |
5,420
-1,099
| -17% | -$344K |
|
612
Peoples Bancorp
PEBO
$1.5B
| $1.69M | ﹤0.01% |
56,189
| – | – |
|
613
State Street SPDR Bloomberg International Corporate Bond ETF
IBND
$463M
| $1.67M | ﹤0.01% |
58,300
+16,822
| +41% | +$485K |
|
614
Gorman-Rupp
GRC
$2.28B
| $1.66M | ﹤0.01% |
45,099
+4,304
| +11% | +$152K |
|
615
Baidu
BIDU
$38.2B
| $1.65M | ﹤0.01% |
19,045
+8,345
| +78% | +$839K |
|
616
United Therapeutics
UTHR
$21.9B
| $1.64M | ﹤0.01% |
5,155
+334
| +7% | +$88.4K |
|
|
CPRX
617
DELISTED
Catalyst Pharmaceutical
CPRX
| $1.63M | ﹤0.01% |
105,535
-7,084
| -6% | -$110K |
|
618
KB Financial Group
KB
$42.3B
| $1.63M | ﹤0.01% |
28,818
| – | – |
|
619
AnaptysBio
ANAB
$1.62B
| $1.63M | ﹤0.01% |
64,992
-5,662
| -8% | -$132K |
|
620
Occidental Petroleum Corp Warrants
OXY.WS
$30.2B
| $1.63M | ﹤0.01% |
39,507
-26
| -0.1% | -$1.1K |
|
621
Waste Management
WM
$89.1B
| $1.62M | ﹤0.01% |
7,601
+1,008
| +15% | +$210K |
|
622
Old Second Bancorp
OSBC
$1.31B
| $1.6M | ﹤0.01% |
108,023
-8,821
| -8% | -$124K |
|
623
BJ's Restaurants
BJRI
$1.45B
| $1.59M | ﹤0.01% |
45,900
| – | – |
|
624
Hackett Group
HCKT
$274M
| $1.59M | ﹤0.01% |
73,263
+214
| +0.3% | +$4.75K |
|
625
State Street Financial Select Sector SPDR ETF
XLF
$58.5B
| $1.57M | ﹤0.01% |
38,239
-13,874
| -27% | -$571K |
|
Similar funds
Ken Fisher's Q2 2024 Portfolio in Review
As of Q2 2024, Ken Fisher held 1,069 positions worth $230B, up 7.4% from $214B the previous quarter. Its ten largest holdings account for 34% of the portfolio.
Ken Fisher deployed $7.03B of net new capital in Q2 2024, opening 105 new positions and adding to 492 existing holdings. Its largest new stake was ZTO Express: 3,166,868 shares worth $65.7M.
By sector, the portfolio is most concentrated in Technology at 31% of assets, up from 29% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was State Street SPDR Portfolio Short Term Treasury ETF, an estimated $1.27B trimmed.
- Ken Fisher's largest Q2 2024 buy was ZTO Express: 3,166,868 shares worth $65.7M.
- Ken Fisher added most to Canadian Natural Resources in Q2 2024, an estimated $1.58B increase.
- Ken Fisher's biggest Q2 2024 reduction was State Street SPDR Portfolio Short Term Treasury ETF, cutting an estimated $1.27B.
- Ken Fisher fully exited Thor Industries in Q2 2024, selling an estimated $24.5M.
- Ken Fisher's ten largest holdings make up 34% of its $230B portfolio in Q2 2024.
- Ken Fisher opened 105 new positions and closed 83 in Q2 2024.
- Ken Fisher's portfolio value rose 7.4% quarter-over-quarter to $230B.
Based on Fisher Asset Management's 13F filing for Q2 2024, filed 14 Aug 2024.