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 |
Canadian Natural Resources
CNQ
|
+$1.58B |
| 2 |
iShares MBS ETF
MBB
|
+$1.49B |
| 3 |
RTX Corp
RTX
|
+$839M |
| 4 |
Microsoft
MSFT
|
+$566M |
| 5 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$555M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Portfolio Short Term Treasury ETF
SPTS
|
+$1.27B |
| 2 |
Advanced Micro Devices
AMD
|
+$920M |
| 3 |
iShares Expanded Tech-Software Sector ETF
IGV
|
+$682M |
| 4 |
VanEck Semiconductor ETF
SMH
|
+$567M |
| 5 |
Vanguard Information Technology ETF
VGT
|
+$291M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 30.6% |
| 2 | Financials | 11.61% |
| 3 | Healthcare | 9.91% |
| 4 | Consumer Discretionary | 9.26% |
| 5 | Industrials | 7.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
651
W&T Offshore
WTI
$509M
| $1.21M | ﹤0.01% |
566,941
+94,024
| +20% | +$218K |
|
652
iShares Russell 1000 Value ETF
IWD
$83.4B
| $1.21M | ﹤0.01% |
6,952
+5,770
| +488% | +$1.01M |
|
653
iShares MSCI Switzerland ETF
EWL
$2.21B
| $1.21M | ﹤0.01% |
25,156
-23,530
| -48% | -$1.12M |
|
654
NIO
NIO
$11.9B
| $1.2M | ﹤0.01% |
289,363
+30,868
| +12% | +$146K |
|
655
Jack Henry & Associates
JKHY
$11.1B
| $1.2M | ﹤0.01% |
7,236
+5,003
| +224% | +$831K |
|
656
Casella Waste Systems
CWST
$5.82B
| $1.19M | ﹤0.01% |
11,970
-3
| -0% | -$289 |
|
657
Leidos
LDOS
$16.4B
| $1.18M | ﹤0.01% |
+8,090
| New | +$1.13M |
|
658
Vanguard Dividend Appreciation ETF
VIG
$114B
| $1.17M | ﹤0.01% |
6,434
+2,662
| +71% | +$479K |
|
659
iShares Core MSCI Emerging Markets ETF
IEMG
$156B
| $1.16M | ﹤0.01% |
21,613
+11,644
| +117% | +$614K |
|
660
OraSure Technologies
OSUR
$287M
| $1.15M | ﹤0.01% |
270,885
| – | – |
|
661
Nicolet Bankshares
NIC
$3.67B
| $1.15M | ﹤0.01% |
13,886
-1,394
| -9% | -$111K |
|
662
Grocery Outlet
GO
$988M
| $1.15M | ﹤0.01% |
52,127
| – | – |
|
663
MarineMax
HZO
$793M
| $1.14M | ﹤0.01% |
35,148
| – | – |
|
664
BlackRock US Equity Factor Rotation ETF
DYNF
$39.8B
| $1.13M | ﹤0.01% |
+24,156
| New | +$1.08M |
|
|
FARO
665
DELISTED
Faro Technologies
FARO
| $1.13M | ﹤0.01% |
70,566
| – | – |
|
666
WisdomTree
WT
$3.42B
| $1.11M | ﹤0.01% |
112,387
+755
| +0.7% | +$7.1K |
|
667
Vanguard Morningstar Small-Cap ETF
VB
$82.3B
| $1.11M | ﹤0.01% |
5,071
+238
| +5% | +$52.3K |
|
668
BioMarin Pharmaceuticals
BMRN
$11.7B
| $1.11M | ﹤0.01% |
13,424
-75
| -0.6% | -$6.24K |
|
669
iShares Core S&P Total US Stock Market ETF
ITOT
$97.5B
| $1.1M | ﹤0.01% |
+9,285
| New | +$1.07M |
|
670
Vanguard Total International Stock ETF
VXUS
$158B
| $1.1M | ﹤0.01% |
18,163
+5,524
| +44% | +$334K |
|
671
Schwab US Large-Cap Growth ETF
SCHG
$62.3B
| $1.09M | ﹤0.01% |
43,204
+19,140
| +80% | +$451K |
|
672
Target
TGT
$67.3B
| $1.07M | ﹤0.01% |
7,197
-30
| -0.4% | -$4.72K |
|
673
SPDR Gold Trust
GLD
$132B
| $1.04M | ﹤0.01% |
4,842
+1,467
| +43% | +$317K |
|
674
Build-A-Bear
BBW
$430M
| $1.04M | ﹤0.01% |
41,152
| – | – |
|
675
Schwab US Large- Cap ETF
SCHX
$74.2B
| $1.03M | ﹤0.01% |
48,135
+18,558
| +63% | +$383K |
|
Similar funds
Ken Fisher's Q2 2024 Portfolio in Review
As of Q2 2024, Ken Fisher held 1,069 positions worth $230B, up 7.4% from $214B the previous quarter. Its ten largest holdings account for 34% of the portfolio.
Ken Fisher deployed $7.03B of net new capital in Q2 2024, opening 105 new positions and adding to 492 existing holdings. Its largest new stake was ZTO Express: 3,166,868 shares worth $65.7M.
By sector, the portfolio is most concentrated in Technology at 31% of assets, up from 29% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was State Street SPDR Portfolio Short Term Treasury ETF, an estimated $1.27B trimmed.
- Ken Fisher's largest Q2 2024 buy was ZTO Express: 3,166,868 shares worth $65.7M.
- Ken Fisher added most to Canadian Natural Resources in Q2 2024, an estimated $1.58B increase.
- Ken Fisher's biggest Q2 2024 reduction was State Street SPDR Portfolio Short Term Treasury ETF, cutting an estimated $1.27B.
- Ken Fisher fully exited Thor Industries in Q2 2024, selling an estimated $24.5M.
- Ken Fisher's ten largest holdings make up 34% of its $230B portfolio in Q2 2024.
- Ken Fisher opened 105 new positions and closed 83 in Q2 2024.
- Ken Fisher's portfolio value rose 7.4% quarter-over-quarter to $230B.
Based on Fisher Asset Management's 13F filing for Q2 2024, filed 14 Aug 2024.