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 | |
|---|---|---|---|---|---|---|
651
Zoom
ZM
$30.5B
| $1.23M | ﹤0.01% |
17,610
-11,965
| -40% | -$831K |
|
652
VSE Corp
VSEC
$6.08B
| $1.23M | ﹤0.01% |
24,383
| – | – |
|
653
Pricesmart
PSMT
$5.47B
| $1.22M | ﹤0.01% |
16,388
-480
| -3% | -$37.1K |
|
654
Nasdaq
NDAQ
$53.3B
| $1.21M | ﹤0.01% |
24,980
-2,626
| -10% | -$133K |
|
|
KYO
655
DELISTED
Kyocera Adr
KYO
| $1.21M | ﹤0.01% |
23,863
-1,546
| -6% | -$78.6K |
|
656
Build-A-Bear
BBW
$457M
| $1.21M | ﹤0.01% |
41,152
+41,005
| +27,895% | +$1.04M |
|
657
Schwab International Equity ETF
SCHF
$68.5B
| $1.21M | ﹤0.01% |
71,186
+37,942
| +114% | +$670K |
|
658
Darling Ingredients
DAR
$9.58B
| $1.21M | ﹤0.01% |
23,153
+2,564
| +12% | +$160K |
|
|
STR
659
DELISTED
Sitio Royalties
STR
| $1.2M | ﹤0.01% |
49,686
+5,622
| +13% | +$145K |
|
660
A10 Networks
ATEN
$1.96B
| $1.2M | ﹤0.01% |
79,828
| – | – |
|
661
Oneok
OKE
$55.4B
| $1.19M | ﹤0.01% |
18,750
+14,786
| +373% | +$965K |
|
662
Casella Waste Systems
CWST
$5.63B
| $1.16M | ﹤0.01% |
15,207
+1,606
| +12% | +$132K |
|
663
Oil States International
OIS
$497M
| $1.15M | ﹤0.01% |
+137,854
| New | +$1.12M |
|
664
Johnson Outdoors
JOUT
$512M
| $1.15M | ﹤0.01% |
21,086
| – | – |
|
665
Credicorp
BAP
$30.7B
| $1.13M | ﹤0.01% |
8,868
-1,232
| -12% | -$179K |
|
666
BJ's Restaurants
BJRI
$1.5B
| $1.12M | ﹤0.01% |
47,909
| – | – |
|
667
Philip Morris
PM
$295B
| $1.12M | ﹤0.01% |
12,095
+950
| +9% | +$91.4K |
|
668
IQVIA
IQV
$38.9B
| $1.11M | ﹤0.01% |
5,651
-378
| -6% | -$82.1K |
|
669
Genpact
G
$5.85B
| $1.11M | ﹤0.01% |
30,642
| – | – |
|
670
iShares Global Materials ETF
MXI
$361M
| $1.1M | ﹤0.01% |
14,024
+806
| +6% | +$65.8K |
|
671
Vanguard Total International Stock ETF
VXUS
$159B
| $1.09M | ﹤0.01% |
20,344
+3,355
| +20% | +$187K |
|
672
Photronics
PLAB
$1.92B
| $1.08M | ﹤0.01% |
+53,632
| New | +$1.25M |
|
673
State Street SPDR S&P Metals & Mining ETF
XME
$4.4B
| $1.06M | ﹤0.01% |
20,274
-570
| -3% | -$29.5K |
|
674
Baidu
BIDU
$37.2B
| $1.06M | ﹤0.01% |
7,879
-1,093
| -12% | -$153K |
|
675
iShares US Aerospace & Defense ETF
ITA
$14.7B
| $1.04M | ﹤0.01% |
9,834
+2,245
| +30% | +$256K |
|
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.