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 |
iShares 7-10 Year Treasury Bond ETF
IEF
|
+$2.87B |
| 2 |
NVIDIA
NVDA
|
+$358M |
| 3 |
Suncor Energy
SU
|
+$287M |
| 4 |
Microsoft
MSFT
|
+$278M |
| 5 |
Apple
AAPL
|
+$200M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$1.8B |
| 2 |
Canadian Natural Resources
CNQ
|
+$205M |
| 3 |
Intuit
INTU
|
+$177M |
| 4 |
Adobe
ADBE
|
+$120M |
| 5 |
GTLS
Chart Industries
GTLS
|
+$95.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.4% |
| 2 | Financials | 18.68% |
| 3 | Industrials | 9.33% |
| 4 | Healthcare | 8.68% |
| 5 | Communication Services | 6.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
651
Origin Bancorp
OBK
$1.66B
| $1.28M | ﹤0.01% |
37,153
-2,564
| -6% | -$95K |
|
652
Phillips 66
PSX
$81.4B
| $1.28M | ﹤0.01% |
9,381
+1,661
| +22% | +$213K |
|
653
Bank of Marin Bancorp
BMRC
$459M
| $1.27M | ﹤0.01% |
52,427
| – | – |
|
654
A10 Networks
ATEN
$1.93B
| $1.26M | ﹤0.01% |
69,682
-5,258
| -7% | -$95.1K |
|
655
Gerdau
GGB
$9.7B
| $1.26M | ﹤0.01% |
404,981
| – | – |
|
656
BJ's Restaurants
BJRI
$1.48B
| $1.25M | ﹤0.01% |
41,098
-2,656
| -6% | -$94.8K |
|
657
Veralto
VLTO
$24B
| $1.24M | ﹤0.01% |
11,641
-851
| -7% | -$89.8K |
|
658
Zymeworks
ZYME
$1.73B
| $1.23M | ﹤0.01% |
71,974
-5
| -0% | -$72 |
|
659
Las Vegas Sands
LVS
$29.6B
| $1.22M | ﹤0.01% |
22,761
-7,538
| -25% | -$396K |
|
|
TPH
660
DELISTED
Tri Pointe Homes
TPH
| $1.21M | ﹤0.01% |
35,531
-423,968
| -92% | -$14.4M |
|
|
CLDT
661
Chatham Lodging
CLDT
$586M
| $1.2M | ﹤0.01% |
179,505
+1,333
| +0.7% | +$9.54K |
|
662
Huntsman Corp
HUN
$1.77B
| $1.19M | ﹤0.01% |
132,503
| – | – |
|
|
MOFG
663
DELISTED
MidWestOne Financial Group
MOFG
| $1.19M | ﹤0.01% |
41,897
| – | – |
|
664
Viper Energy
VNOM
$14.7B
| $1.18M | ﹤0.01% |
30,872
+8,649
| +39% | +$330K |
|
|
RYZ
665
Ryerson Holding Corp
RYZ
$1.46B
| $1.18M | ﹤0.01% |
51,611
-62
| -0.1% | -$1.4K |
|
666
Paylocity
PCTY
$7.98B
| $1.16M | ﹤0.01% |
7,260
-8
| -0.1% | -$1.42K |
|
667
Atmos Energy
ATO
$28.8B
| $1.15M | ﹤0.01% |
+6,753
| New | +$1.09M |
|
668
Regions Financial
RF
$26.8B
| $1.14M | ﹤0.01% |
+43,415
| New | +$1.13M |
|
669
Ford
F
$55.7B
| $1.12M | ﹤0.01% |
93,854
-16,315
| -15% | -$188K |
|
670
Movado Group
MOV
$841M
| $1.12M | ﹤0.01% |
59,013
| – | – |
|
671
Royal Caribbean
RCL
$85.6B
| $1.11M | ﹤0.01% |
3,441
+397
| +13% | +$133K |
|
672
iShares Core MSCI EAFE ETF
IEFA
$196B
| $1.11M | ﹤0.01% |
12,700
-6,062
| -32% | -$515K |
|
673
Schwab US Large- Cap ETF
SCHX
$74.5B
| $1.11M | ﹤0.01% |
42,046
+15,771
| +60% | +$400K |
|
674
State Street SPDR S&P Retail ETF
XRT
$327M
| $1.11M | ﹤0.01% |
12,828
-720
| -5% | -$60K |
|
675
Chubb
CB
$135B
| $1.1M | ﹤0.01% |
3,890
-210
| -5% | -$57.8K |
|
Similar funds
Ken Fisher's Q3 2025 Portfolio in Review
As of Q3 2025, Ken Fisher held 1,094 positions worth $276B, up 9.7% from $252B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Ken Fisher's Q3 2025 filing shows 108 new, 450 increased, 424 reduced and 80 closed positions. Its largest new stake was Sanmina: 166,861 shares worth $19.2M. The largest sale was Vanguard Intermediate-Term Corporate Bond ETF, an estimated $1.8B.
By sector, the portfolio is most concentrated in Technology at 26% of assets, up from 25% a quarter earlier, followed by Financials and Industrials.
- Ken Fisher's largest Q3 2025 buy was Sanmina: 166,861 shares worth $19.2M.
- Ken Fisher added most to iShares 7-10 Year Treasury Bond ETF in Q3 2025, an estimated $2.87B increase.
- Ken Fisher's biggest Q3 2025 reduction was Vanguard Intermediate-Term Corporate Bond ETF, cutting an estimated $1.8B.
- Ken Fisher fully exited WEX in Q3 2025, selling an estimated $14.2M.
- Ken Fisher's ten largest holdings make up 32% of its $276B portfolio in Q3 2025.
- Ken Fisher opened 108 new positions and closed 80 in Q3 2025.
- Ken Fisher's portfolio value rose 9.7% quarter-over-quarter to $276B.
Based on Fisher Asset Management's 13F filing for Q3 2025, filed 12 Nov 2025.