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 |
SAP
SAP
|
+$2.15B |
| 2 |
UBS Group
UBS
|
+$1.53B |
| 3 |
BP
BP
|
+$1.23B |
| 4 |
Spotify
SPOT
|
+$1.13B |
| 5 |
Barclays
BCS
|
+$1.09B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$2.73B |
| 2 |
Advanced Micro Devices
AMD
|
+$2.53B |
| 3 |
Alphabet (Google) Class A
GOOGL
|
+$2.47B |
| 4 |
Broadcom
AVGO
|
+$2.43B |
| 5 |
Netflix
NFLX
|
+$2.34B |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 24.26% |
| 2 | Financials | 16.92% |
| 3 | Healthcare | 11.65% |
| 4 | Industrials | 8.55% |
| 5 | Energy | 7.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
PDM
601
Piedmont Realty Trust
PDM
$1.19B
| $1.69M | ﹤0.01% |
+229,319
| New | +$1.82M |
|
602
iShares MSCI EAFE ETF
EFA
$80.2B
| $1.68M | ﹤0.01% |
20,536
+6,023
| +42% | +$485K |
|
603
CNB Financial Corp
CCNE
$1.03B
| $1.67M | ﹤0.01% |
75,175
| – | – |
|
604
Exelixis
EXEL
$13.4B
| $1.67M | ﹤0.01% |
45,278
+449
| +1% | +$16K |
|
605
KraneShares CSI China Internet ETF
KWEB
$5.67B
| $1.67M | ﹤0.01% |
47,868
+22,175
| +86% | +$735K |
|
|
TGI
606
DELISTED
Triumph Group
TGI
| $1.66M | ﹤0.01% |
65,696
-1,764,164
| -96% | -$40.8M |
|
607
Woodside Energy
WDS
$42.6B
| $1.62M | ﹤0.01% |
111,479
-141,179
| -56% | -$2.15M |
|
608
Berkshire Hathaway Class A
BRK.A
$1.12T
| $1.6M | ﹤0.01% |
2
+1
| +100% | +$729K |
|
609
NextEra Energy
NEE
$177B
| $1.6M | ﹤0.01% |
22,500
-2,600
| -10% | -$184K |
|
610
Gorman-Rupp
GRC
$2.21B
| $1.59M | ﹤0.01% |
45,314
-2,772
| -6% | -$104K |
|
|
FARO
611
DELISTED
Faro Technologies
FARO
| $1.58M | ﹤0.01% |
57,984
-12,582
| -18% | -$369K |
|
612
BJ's Restaurants
BJRI
$1.48B
| $1.57M | ﹤0.01% |
45,900
| – | – |
|
613
Peoples Bancorp
PEBO
$1.47B
| $1.56M | ﹤0.01% |
52,743
| – | – |
|
614
Flutter Entertainment
FLUT
$16.4B
| $1.56M | ﹤0.01% |
+7,052
| New | +$1.83M |
|
615
Suzano
SUZ
$10.1B
| $1.56M | ﹤0.01% |
167,495
+75,144
| +81% | +$752K |
|
616
Southside Bancshares
SBSI
$967M
| $1.55M | ﹤0.01% |
53,630
| – | – |
|
617
Twist Bioscience
TWST
$7.25B
| $1.55M | ﹤0.01% |
+39,415
| New | +$1.78M |
|
618
Build-A-Bear
BBW
$462M
| $1.53M | ﹤0.01% |
41,152
| – | – |
|
619
Public Service Enterprise Group
PEG
$37.7B
| $1.52M | ﹤0.01% |
18,448
+10,044
| +120% | +$838K |
|
620
iShares Russell 1000 ETF
IWB
$50.1B
| $1.48M | ﹤0.01% |
4,816
+246
| +5% | +$79.5K |
|
621
Synaptics
SYNA
$4.15B
| $1.46M | ﹤0.01% |
22,852
-607,029
| -96% | -$44M |
|
622
Quanex
NX
$1.01B
| $1.45M | ﹤0.01% |
77,913
+18,910
| +32% | +$400K |
|
623
Qorvo
QRVO
$8.74B
| $1.44M | ﹤0.01% |
19,931
-473,794
| -96% | -$36.1M |
|
624
Republic Services
RSG
$65.7B
| $1.44M | ﹤0.01% |
5,928
-2,296
| -28% | -$515K |
|
625
Veralto
VLTO
$24B
| $1.42M | ﹤0.01% |
14,614
-3,309
| -18% | -$330K |
|
Similar funds
Ken Fisher's Q1 2025 Portfolio in Review
As of Q1 2025, Ken Fisher held 1,092 positions worth $231B, down 8.1% from $251B the previous quarter. Its ten largest holdings account for 30% of the portfolio.
Ken Fisher withdrew a net $11.5B in Q1 2025, closing 93 positions and reducing 435 holdings. Its most notable exit was United Microelectronic, an estimated $47.4M position sold in full.
By sector, the portfolio is most concentrated in Technology at 24% of assets, down from 30% a quarter earlier, followed by Financials and Healthcare.
Against the trend, Ken Fisher opened a new position in Spotify worth $1.12B.
- Ken Fisher's largest Q1 2025 buy was Spotify: 2,028,898 shares worth $1.12B.
- Ken Fisher added most to SAP in Q1 2025, an estimated $2.15B increase.
- Ken Fisher's biggest Q1 2025 reduction was Amazon, cutting an estimated $2.73B.
- Ken Fisher fully exited United Microelectronic in Q1 2025, selling an estimated $47.4M.
- Ken Fisher's ten largest holdings make up 30% of its $231B portfolio in Q1 2025.
- Ken Fisher opened 117 new positions and closed 93 in Q1 2025.
- Ken Fisher's portfolio value fell 8.1% quarter-over-quarter to $231B.
Based on Fisher Asset Management's 13F filing for Q1 2025, filed 14 May 2025.