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 | |
|---|---|---|---|---|---|---|
676
Titan Machinery
TITN
$423M
| $1.02M | ﹤0.01% |
64,306
+5,049
| +9% | +$105K |
|
677
Accenture
ACN
$104B
| $1.01M | ﹤0.01% |
3,341
+311
| +10% | +$95.3K |
|
678
General Dynamics
GD
$103B
| $1.01M | ﹤0.01% |
3,482
+1,011
| +41% | +$296K |
|
|
DAWN
679
DELISTED
Day One Biopharmaceuticals
DAWN
| $1.01M | ﹤0.01% |
73,301
+4,890
| +7% | +$71.5K |
|
680
Vanguard Energy ETF
VDE
$9.91B
| $1.01M | ﹤0.01% |
7,914
-4,958
| -39% | -$645K |
|
681
Allient
ALNT
$1.53B
| $1.01M | ﹤0.01% |
39,937
+6,722
| +20% | +$193K |
|
682
Shore Bancshares
SHBI
$820M
| $989K | ﹤0.01% |
86,338
| – | – |
|
|
STR
683
DELISTED
Sitio Royalties
STR
| $981K | ﹤0.01% |
41,550
| – | – |
|
684
Anika Therapeutics
ANIK
$277M
| $978K | ﹤0.01% |
38,620
| – | – |
|
685
Equinix
EQIX
$102B
| $973K | ﹤0.01% |
+1,285
| New | +$975K |
|
686
State Street SPDR Portfolio Intermediate Term Treasury ETF
SPTI
$10.6B
| $971K | ﹤0.01% |
34,649
-4,288
| -11% | -$119K |
|
687
Designer Brands
DBI
$331M
| $961K | ﹤0.01% |
140,695
| – | – |
|
688
Wabtec
WAB
$50.1B
| $961K | ﹤0.01% |
6,077
-65
| -1% | -$10.4K |
|
689
iShares MSCI USA Min Vol Factor ETF
USMV
$24B
| $955K | ﹤0.01% |
11,370
-1,154
| -9% | -$95.1K |
|
690
Vanguard Morningstar Small-Cap Growth ETF
VBK
$24.1B
| $927K | ﹤0.01% |
3,707
+2,868
| +342% | +$716K |
|
691
Schwab International Equity ETF
SCHF
$68.1B
| $913K | ﹤0.01% |
47,520
+17,636
| +59% | +$341K |
|
692
Photronics
PLAB
$1.85B
| $912K | ﹤0.01% |
36,961
-4,085
| -10% | -$111K |
|
693
Vanguard FTSE Emerging Markets ETF
VWO
$123B
| $910K | ﹤0.01% |
20,791
-117,012
| -85% | -$5.04M |
|
694
Gilead Sciences
GILD
$163B
| $906K | ﹤0.01% |
13,204
+110
| +0.8% | +$7.34K |
|
695
Vanguard Morningstar Mid-Cap ETF
VO
$109B
| $897K | ﹤0.01% |
14,820
-5,076
| -26% | -$308K |
|
696
Vanguard Total International Bond ETF
BNDX
$82.3B
| $895K | ﹤0.01% |
18,385
-1,581
| -8% | -$77K |
|
697
Vanguard Morningstar Value ETF
VTV
$191B
| $883K | ﹤0.01% |
5,504
-415
| -7% | -$66.3K |
|
698
Scholar Rock
SRRK
$5.49B
| $882K | ﹤0.01% |
105,833
| – | – |
|
699
Darling Ingredients
DAR
$9.5B
| $866K | ﹤0.01% |
23,573
+279
| +1% | +$11.6K |
|
700
Sysco
SYY
$40.7B
| $866K | ﹤0.01% |
12,132
+3,294
| +37% | +$246K |
|
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.