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 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$390M |
| 2 |
Apple
AAPL
|
+$310M |
| 3 |
Amazon
AMZN
|
+$233M |
| 4 |
Microsoft
MSFT
|
+$221M |
| 5 |
TotalEnergies
TTE
|
+$204M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Global Energy ETF
IXC
|
+$384M |
| 2 |
Infosys
INFY
|
+$125M |
| 3 |
iShares Global Tech ETF
IXN
|
+$36.8M |
| 4 |
Equinor
EQNR
|
+$26.2M |
| 5 |
Sanofi
SNY
|
+$20.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.88% |
| 2 | Consumer Discretionary | 12.45% |
| 3 | Financials | 11.9% |
| 4 | Healthcare | 10.14% |
| 5 | Communication Services | 6.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
676
Northrop Grumman
NOC
$80.7B
| $355K | ﹤0.01% |
1,164
+416
| +56% | +$127K |
|
677
Yum! Brands
YUM
$41.6B
| $355K | ﹤0.01% |
+3,266
| New | +$333K |
|
678
iShares MSCI EAFE Growth ETF
EFG
$17B
| $345K | ﹤0.01% |
3,415
-808
| -19% | -$76.4K |
|
679
iShares Biotechnology ETF
IBB
$9.53B
| $345K | ﹤0.01% |
2,279
+174
| +8% | +$24.9K |
|
680
iShares 3-7 Year Treasury Bond ETF
IEI
$17.7B
| $345K | ﹤0.01% |
+2,594
| New | +$345K |
|
681
Vanguard Extended Market ETF
VXF
$31.2B
| $344K | ﹤0.01% |
+2,086
| New | +$309K |
|
682
Genuine Parts
GPC
$18.3B
| $342K | ﹤0.01% |
3,409
+760
| +29% | +$74.3K |
|
683
Fidelity MSCI Information Technology Index ETF
FTEC
$21B
| $341K | ﹤0.01% |
3,262
-1,514
| -32% | -$147K |
|
684
Cognizant
CTSH
$25.6B
| $340K | ﹤0.01% |
4,148
-1,232
| -23% | -$93.8K |
|
685
Dominion Energy
D
$58.8B
| $337K | ﹤0.01% |
4,482
-326
| -7% | -$25.9K |
|
686
Palo Alto Networks
PANW
$293B
| $334K | ﹤0.01% |
+5,634
| New | +$263K |
|
687
S&P Global
SPGI
$119B
| $333K | ﹤0.01% |
1,012
+111
| +12% | +$37.4K |
|
688
Post Holdings
POST
$4.09B
| $332K | ﹤0.01% |
5,026
-417
| -8% | -$25.8K |
|
|
BF
689
DELISTED
BASF AKTIENGESELLT ADS(RP1 ORD
BF
| $332K | ﹤0.01% |
16,794
-7,844
| -32% | -$155K |
|
690
Twilio
TWLO
$29.3B
| $329K | ﹤0.01% |
973
+137
| +16% | +$42.8K |
|
691
Public Service Enterprise Group
PEG
$37.4B
| $328K | ﹤0.01% |
5,622
-15
| -0.3% | -$873 |
|
692
Truist Financial
TFC
$64.2B
| $327K | ﹤0.01% |
+6,830
| New | +$309K |
|
693
Cardlytics
CDLX
$20.7M
| $320K | ﹤0.01% |
+224
| New | +$239K |
|
|
NSA
694
DELISTED
National Storage Affiliates Trust
NSA
| $320K | ﹤0.01% |
8,878
| – | – |
|
695
Cigna
CI
$72.7B
| $318K | ﹤0.01% |
1,528
-22
| -1% | -$4.32K |
|
696
First Trust Nasdaq-100 Select Equal Weight ETF
QQEW
$1.79B
| $318K | ﹤0.01% |
3,155
-188
| -6% | -$17.5K |
|
697
Elevance Health
ELV
$84.9B
| $315K | ﹤0.01% |
+982
| New | +$301K |
|
698
iShares MSCI United Kingdom ETF
EWU
$4.13B
| $312K | ﹤0.01% |
10,641
+1,635
| +18% | +$45.1K |
|
699
Dow Inc
DOW
$21.9B
| $310K | ﹤0.01% |
5,589
-2,481
| -31% | -$128K |
|
700
Vanguard Morningstar Mega Cap ETF
MGC
$10.3B
| $309K | ﹤0.01% |
2,313
+595
| +35% | +$75.3K |
|
Similar funds
Ken Fisher's Q4 2020 Portfolio in Review
As of Q4 2020, Ken Fisher held 1,063 positions worth $133B, up 17% from $114B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Ken Fisher deployed $4.92B of net new capital in Q4 2020, opening 123 new positions and adding to 398 existing holdings. Its largest new stake was TAL Education Group: 1,621,948 shares worth $116M.
By sector, the portfolio is most concentrated in Technology at 26% of assets, down from 26% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was iShares Global Energy ETF, an estimated $384M trimmed.
- Ken Fisher's largest Q4 2020 buy was TAL Education Group: 1,621,948 shares worth $116M.
- Ken Fisher added most to Vanguard Intermediate-Term Corporate Bond ETF in Q4 2020, an estimated $390M increase.
- Ken Fisher's biggest Q4 2020 reduction was iShares Global Energy ETF, cutting an estimated $384M.
- Ken Fisher fully exited Waddell & Reed Financial, Inc. in Q4 2020, selling an estimated $19.5M.
- Ken Fisher's ten largest holdings make up 32% of its $133B portfolio in Q4 2020.
- Ken Fisher opened 123 new positions and closed 53 in Q4 2020.
- Ken Fisher's portfolio value rose 17% quarter-over-quarter to $133B.
Based on Fisher Asset Management's 13F filing for Q4 2020, filed 29 Jan 2021.