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 | |
|---|---|---|---|---|---|---|
651
Teledyne Technologies
TDY
$32B
| $1.36M | ﹤0.01% |
3,043
-351
| -10% | -$141K |
|
652
Vanguard Long-Term Treasury ETF
VGLT
$10.1B
| $1.33M | ﹤0.01% |
21,596
+5,059
| +31% | +$286K |
|
653
Sarepta Therapeutics
SRPT
$1.77B
| $1.31M | ﹤0.01% |
13,617
| – | – |
|
654
Baidu
BIDU
$37.2B
| $1.31M | ﹤0.01% |
11,013
+3,134
| +40% | +$362K |
|
655
BioMarin Pharmaceuticals
BMRN
$12.3B
| $1.3M | ﹤0.01% |
+13,490
| New | +$1.19M |
|
656
Valero Energy
VLO
$85.9B
| $1.29M | ﹤0.01% |
9,893
-112
| -1% | -$14.3K |
|
657
Oil States International
OIS
$491M
| $1.24M | ﹤0.01% |
183,084
+45,230
| +33% | +$328K |
|
658
Pricesmart
PSMT
$5.46B
| $1.24M | ﹤0.01% |
16,388
| – | – |
|
659
Shore Bancshares
SHBI
$796M
| $1.23M | ﹤0.01% |
86,338
| – | – |
|
660
IQVIA
IQV
$39.3B
| $1.21M | ﹤0.01% |
5,239
-412
| -7% | -$84.6K |
|
661
State Street SPDR Portfolio Intermediate Term Treasury ETF
SPTI
$10.6B
| $1.2M | ﹤0.01% |
42,080
+33,267
| +377% | +$923K |
|
662
KB Financial Group
KB
$43.5B
| $1.18M | ﹤0.01% |
28,640
-980,225
| -97% | -$39.7M |
|
663
Ironwood Pharmaceuticals
IRWD
$711M
| $1.18M | ﹤0.01% |
103,131
+200
| +0.2% | +$1.98K |
|
664
Vanguard High Dividend Yield ETF
VYM
$82.8B
| $1.17M | ﹤0.01% |
10,503
+3,993
| +61% | +$420K |
|
665
Darling Ingredients
DAR
$9.44B
| $1.17M | ﹤0.01% |
23,494
+341
| +1% | +$15.5K |
|
666
Arista Networks
ANET
$238B
| $1.17M | ﹤0.01% |
19,836
-8,400
| -30% | -$441K |
|
667
Waste Management
WM
$91B
| $1.16M | ﹤0.01% |
6,484
-188
| -3% | -$31.5K |
|
668
Chubb
CB
$135B
| $1.15M | ﹤0.01% |
5,100
+346
| +7% | +$75.7K |
|
669
Vanguard Morningstar Value ETF
VTV
$191B
| $1.15M | ﹤0.01% |
7,682
+1,159
| +18% | +$163K |
|
670
iShares Russell 2000 ETF
IWM
$83B
| $1.13M | ﹤0.01% |
5,619
+551
| +11% | +$98.7K |
|
671
Johnson Outdoors
JOUT
$505M
| $1.13M | ﹤0.01% |
21,086
| – | – |
|
672
Magnachip Semiconductor
MX
$145M
| $1.11M | ﹤0.01% |
148,401
| – | – |
|
673
AdvanSix
ASIX
$444M
| $1.11M | ﹤0.01% |
37,066
-4,094
| -10% | -$114K |
|
674
Marathon Petroleum
MPC
$83.7B
| $1.11M | ﹤0.01% |
7,451
+1,386
| +23% | +$206K |
|
675
State Street SPDR S&P Metals & Mining ETF
XME
$4.42B
| $1.1M | ﹤0.01% |
18,441
-1,833
| -9% | -$97K |
|
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.