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 |
Netflix
NFLX
|
+$808M |
| 2 |
Amazon
AMZN
|
+$805M |
| 3 |
DOCU
DocuSign
DOCU
|
+$696M |
| 4 |
Intuit
INTU
|
+$684M |
| 5 |
Meta Platforms (Facebook)
META
|
+$662M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Walmart Inc
WMT
|
+$1.14B |
| 2 |
Walt Disney
DIS
|
+$959M |
| 3 |
Intel
INTC
|
+$891M |
| 4 |
UnitedHealth
UNH
|
+$704M |
| 5 |
Visa
V
|
+$609M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 30.01% |
| 2 | Healthcare | 10.79% |
| 3 | Financials | 10.13% |
| 4 | Consumer Discretionary | 9.89% |
| 5 | Communication Services | 8.19% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
676
Vanguard Health Care ETF
VHT
$18.3B
| $497K | ﹤0.01% |
1,867
+964
| +107% | +$246K |
|
677
Dow Inc
DOW
$22B
| $490K | ﹤0.01% |
8,643
+708
| +9% | +$40.4K |
|
|
EGRX
678
DELISTED
Eagle Pharmaceuticals, Inc.
EGRX
| $487K | ﹤0.01% |
9,557
| – | – |
|
679
Genuine Parts
GPC
$18.2B
| $485K | ﹤0.01% |
3,461
+439
| +15% | +$58.1K |
|
680
iShares MSCI EAFE Growth ETF
EFG
$17.1B
| $482K | ﹤0.01% |
4,372
+434
| +11% | +$47.5K |
|
681
iShares Russell 2000 Value ETF
IWN
$14.5B
| $474K | ﹤0.01% |
2,857
-537
| -16% | -$89.5K |
|
682
Public Storage
PSA
$61.1B
| $473K | ﹤0.01% |
1,264
+307
| +32% | +$103K |
|
683
Annaly Capital Management
NLY
$17B
| $468K | ﹤0.01% |
14,964
-4,191
| -22% | -$141K |
|
684
Palo Alto Networks
PANW
$291B
| $465K | ﹤0.01% |
5,010
+270
| +6% | +$23.4K |
|
685
Zoetis
ZTS
$32.4B
| $465K | ﹤0.01% |
1,904
+764
| +67% | +$167K |
|
686
Cencora
COR
$60.9B
| $464K | ﹤0.01% |
3,489
-1,515
| -30% | -$186K |
|
687
iShares MSCI South Korea ETF
EWY
$24.2B
| $463K | ﹤0.01% |
5,946
+1,633
| +38% | +$129K |
|
688
Northrop Grumman
NOC
$80B
| $463K | ﹤0.01% |
1,195
-296
| -20% | -$110K |
|
689
Twilio
TWLO
$29.1B
| $460K | ﹤0.01% |
1,748
-974
| -36% | -$291K |
|
690
Xtrackers USD High Yield Corporate Bond ETF
HYLB
$3.47B
| $459K | ﹤0.01% |
11,508
-3,705
| -24% | -$147K |
|
691
Prudential Financial
PRU
$41.4B
| $457K | ﹤0.01% |
4,219
-828
| -16% | -$89.9K |
|
692
Invesco S&P 500 Equal Weight ETF
RSP
$99B
| $455K | ﹤0.01% |
2,795
+1,304
| +87% | +$206K |
|
693
W.P. Carey
WPC
$16.4B
| $455K | ﹤0.01% |
5,666
-754
| -12% | -$57.7K |
|
694
Vanguard Morningstar Small-Cap ETF
VB
$81.8B
| $453K | ﹤0.01% |
2,004
+701
| +54% | +$159K |
|
695
PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund
CORP
$1.58B
| $450K | ﹤0.01% |
3,986
| – | – |
|
696
UBS Group
UBS
$174B
| $444K | ﹤0.01% |
24,861
-1,509
| -6% | -$26.6K |
|
697
Paychex
PAYX
$42.4B
| $433K | ﹤0.01% |
3,172
-404
| -11% | -$49.9K |
|
|
CLDT
698
Chatham Lodging
CLDT
$610M
| $431K | ﹤0.01% |
31,409
+13,536
| +76% | +$174K |
|
|
AVLR
699
DELISTED
Avalara, Inc.
AVLR
| $429K | ﹤0.01% |
+3,326
| New | +$519K |
|
700
British American Tobacco
BTI
$127B
| $428K | ﹤0.01% |
11,438
+2,519
| +28% | +$89.4K |
|
Similar funds
Ken Fisher's Q4 2021 Portfolio in Review
As of Q4 2021, Ken Fisher held 1,147 positions worth $179B, up 11% from $161B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Ken Fisher deployed $7.67B of net new capital in Q4 2021, opening 119 new positions and adding to 524 existing holdings. Its largest new stake was DocuSign: 3,052,026 shares worth $465M.
By sector, the portfolio is most concentrated in Technology at 30% of assets, up from 27% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was Walmart Inc, an estimated $1.14B trimmed.
- Ken Fisher's largest Q4 2021 buy was DocuSign: 3,052,026 shares worth $465M.
- Ken Fisher added most to Netflix in Q4 2021, an estimated $808M increase.
- Ken Fisher's biggest Q4 2021 reduction was Walmart Inc, cutting an estimated $1.14B.
- Ken Fisher fully exited Kansas City Southern in Q4 2021, selling an estimated $64.7M.
- Ken Fisher's ten largest holdings make up 32% of its $179B portfolio in Q4 2021.
- Ken Fisher opened 119 new positions and closed 80 in Q4 2021.
- Ken Fisher's portfolio value rose 11% quarter-over-quarter to $179B.
Based on Fisher Asset Management's 13F filing for Q4 2021, filed 2 Feb 2022.