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 |
Procter & Gamble
PG
|
+$784M |
| 2 |
PepsiCo
PEP
|
+$635M |
| 3 |
UnitedHealth
UNH
|
+$599M |
| 4 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$376M |
| 5 |
JPMorgan Chase
JPM
|
+$359M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ExxonMobil
XOM
|
+$510M |
| 2 |
HES
Hess
HES
|
+$465M |
| 3 |
Uber
UBER
|
+$413M |
| 4 |
SLB Ltd
SLB
|
+$404M |
| 5 |
PayPal
PYPL
|
+$354M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.64% |
| 2 | Financials | 10.93% |
| 3 | Healthcare | 9.92% |
| 4 | Consumer Discretionary | 9.41% |
| 5 | Industrials | 7.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
626
AT&T
T
$163B
| $1.52M | ﹤0.01% |
101,087
+5,184
| +5% | +$76K |
|
627
InterContinental Hotels
IHG
$23.3B
| $1.5M | ﹤0.01% |
20,093
+5,212
| +35% | +$389K |
|
628
Origin Bancorp
OBK
$1.66B
| $1.49M | ﹤0.01% |
51,592
+23,583
| +84% | +$721K |
|
629
Flowers Foods
FLO
$1.57B
| $1.46M | ﹤0.01% |
65,836
| – | – |
|
630
Oceaneering
OII
$4.86B
| $1.45M | ﹤0.01% |
56,398
+126
| +0.2% | +$2.88K |
|
631
GE Aerospace
GE
$385B
| $1.42M | ﹤0.01% |
16,116
-1,543
| -9% | -$139K |
|
632
Valero Energy
VLO
$86.2B
| $1.42M | ﹤0.01% |
10,005
-1,254
| -11% | -$164K |
|
633
Marriott International
MAR
$92.9B
| $1.4M | ﹤0.01% |
7,134
-27,490
| -79% | -$5.46M |
|
634
MarineMax
HZO
$785M
| $1.39M | ﹤0.01% |
42,470
-5,987
| -12% | -$208K |
|
635
Teledyne Technologies
TDY
$31.9B
| $1.39M | ﹤0.01% |
3,394
-972
| -22% | -$394K |
|
636
Stewart Information Services
STC
$2.09B
| $1.36M | ﹤0.01% |
31,065
-5,491
| -15% | -$248K |
|
637
iShares Europe ETF
IEV
$1.7B
| $1.36M | ﹤0.01% |
28,431
-1,169
| -4% | -$58.3K |
|
|
NPKI
638
NPK International
NPKI
$1.14B
| $1.33M | ﹤0.01% |
+193,132
| New | +$1.11M |
|
|
CPRX
639
DELISTED
Catalyst Pharmaceutical
CPRX
| $1.31M | ﹤0.01% |
111,664
| – | – |
|
640
Arista Networks
ANET
$240B
| $1.3M | ﹤0.01% |
28,236
-1,420
| -5% | -$63.3K |
|
641
Republic Services
RSG
$65.9B
| $1.3M | ﹤0.01% |
9,097
-1,571
| -15% | -$233K |
|
642
DXP Enterprises
DXPE
$2.98B
| $1.29M | ﹤0.01% |
36,799
| – | – |
|
643
AdvanSix
ASIX
$442M
| $1.28M | ﹤0.01% |
41,160
| – | – |
|
644
AnaptysBio
ANAB
$1.67B
| $1.27M | ﹤0.01% |
70,654
| – | – |
|
645
Deckers Outdoor
DECK
$13.3B
| $1.26M | ﹤0.01% |
14,694
-492
| -3% | -$44.1K |
|
646
Schwab US Dividend Equity ETF
SCHD
$105B
| $1.26M | ﹤0.01% |
53,343
+16,275
| +44% | +$399K |
|
647
iShares MSCI Switzerland ETF
EWL
$2.23B
| $1.25M | ﹤0.01% |
28,785
+893
| +3% | +$41K |
|
|
FARO
648
DELISTED
Faro Technologies
FARO
| $1.25M | ﹤0.01% |
81,975
| – | – |
|
649
Progressive
PGR
$125B
| $1.23M | ﹤0.01% |
8,853
-323
| -4% | -$42.5K |
|
650
Magnachip Semiconductor
MX
$145M
| $1.23M | ﹤0.01% |
148,401
| – | – |
|
Similar funds
Ken Fisher's Q3 2023 Portfolio in Review
As of Q3 2023, Ken Fisher held 1,293 positions worth $176B, down 2.5% from $181B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Ken Fisher's Q3 2023 filing shows 130 new, 437 increased, 474 reduced and 125 closed positions. Its largest new stake was Murphy Oil: 991,976 shares worth $45M. The largest sale was ExxonMobil, an estimated $510M.
By sector, the portfolio is most concentrated in Technology at 27% of assets, down from 28% a quarter earlier, followed by Financials and Healthcare.
- Ken Fisher's largest Q3 2023 buy was Murphy Oil: 991,976 shares worth $45M.
- Ken Fisher added most to Procter & Gamble in Q3 2023, an estimated $784M increase.
- Ken Fisher's biggest Q3 2023 reduction was ExxonMobil, cutting an estimated $510M.
- Ken Fisher fully exited PDC Energy, Inc. in Q3 2023, selling an estimated $78.7M.
- Ken Fisher's ten largest holdings make up 27% of its $176B portfolio in Q3 2023.
- Ken Fisher opened 130 new positions and closed 125 in Q3 2023.
- Ken Fisher's portfolio value fell 2.5% quarter-over-quarter to $176B.
Based on Fisher Asset Management's 13F filing for Q3 2023, filed 13 Nov 2023.