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 | |
|---|---|---|---|---|---|---|
|
NPKI
626
NPK International
NPKI
$1.14B
| $1.59M | ﹤0.01% |
240,043
+46,911
| +24% | +$327K |
|
627
Marriott International
MAR
$92.3B
| $1.59M | ﹤0.01% |
7,048
-86
| -1% | -$17.4K |
|
628
Progressive
PGR
$125B
| $1.58M | ﹤0.01% |
9,920
+1,067
| +12% | +$167K |
|
629
Invesco S&P 500 Equal Weight ETF
RSP
$99.5B
| $1.57M | ﹤0.01% |
9,980
+6,578
| +193% | +$956K |
|
630
GE Aerospace
GE
$384B
| $1.56M | ﹤0.01% |
15,302
-814
| -5% | -$75.4K |
|
631
Origin Bancorp
OBK
$1.66B
| $1.55M | ﹤0.01% |
43,640
-7,952
| -15% | -$252K |
|
632
Occidental Petroleum Corp Warrants
OXY.WS
$32B
| $1.54M | ﹤0.01% |
+39,527
| New | +$1.55M |
|
633
Sumitomo Mitsui Financial
SMFG
$164B
| $1.54M | ﹤0.01% |
158,609
+139,200
| +717% | +$1.35M |
|
634
AnaptysBio
ANAB
$1.68B
| $1.52M | ﹤0.01% |
71,154
+500
| +0.7% | +$8.62K |
|
635
MarineMax
HZO
$788M
| $1.52M | ﹤0.01% |
38,948
-3,522
| -8% | -$112K |
|
|
CLDT
636
Chatham Lodging
CLDT
$586M
| $1.49M | ﹤0.01% |
139,186
-56,535
| -29% | -$565K |
|
637
iShares Global Materials ETF
MXI
$362M
| $1.48M | ﹤0.01% |
17,009
+2,985
| +21% | +$240K |
|
|
CDMO
638
DELISTED
Avid Bioservices, Inc. Common Stock
CDMO
| $1.48M | ﹤0.01% |
228,060
| – | – |
|
639
Flowers Foods
FLO
$1.57B
| $1.48M | ﹤0.01% |
65,836
| – | – |
|
640
Nicolet Bankshares
NIC
$3.62B
| $1.48M | ﹤0.01% |
18,340
-3,481
| -16% | -$260K |
|
641
Vanguard Total International Stock ETF
VXUS
$160B
| $1.47M | ﹤0.01% |
25,394
+5,050
| +25% | +$276K |
|
642
iShares Europe ETF
IEV
$1.7B
| $1.46M | ﹤0.01% |
27,534
-897
| -3% | -$44.2K |
|
643
Gorman-Rupp
GRC
$2.21B
| $1.45M | ﹤0.01% |
40,795
-7,649
| -16% | -$247K |
|
644
Vanguard Energy ETF
VDE
$9.74B
| $1.44M | ﹤0.01% |
12,315
+98
| +0.8% | +$11.7K |
|
645
Eversource Energy
ES
$27.2B
| $1.44M | ﹤0.01% |
23,393
-36,586
| -61% | -$2.11M |
|
646
Deckers Outdoor
DECK
$13.3B
| $1.44M | ﹤0.01% |
12,894
-1,800
| -12% | -$183K |
|
647
Republic Services
RSG
$65.7B
| $1.43M | ﹤0.01% |
8,649
-448
| -5% | -$69.5K |
|
648
Photronics
PLAB
$1.93B
| $1.41M | ﹤0.01% |
45,013
-8,619
| -16% | -$192K |
|
649
DXP Enterprises
DXPE
$2.98B
| $1.37M | ﹤0.01% |
40,659
+3,860
| +10% | +$126K |
|
650
Designer Brands
DBI
$333M
| $1.36M | ﹤0.01% |
153,690
-24,675
| -14% | -$260K |
|
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.