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 | |
|---|---|---|---|---|---|---|
701
iShares MSCI Germany ETF
EWG
$1.61B
| $426K | ﹤0.01% |
12,994
-2,471
| -16% | -$82K |
|
702
Phillips 66
PSX
$81.2B
| $424K | ﹤0.01% |
5,846
-131
| -2% | -$9.9K |
|
703
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$6.91B
| $421K | ﹤0.01% |
3,874
+86
| +2% | +$9.32K |
|
704
TE Connectivity
TEL
$63.1B
| $421K | ﹤0.01% |
2,610
+375
| +17% | +$58K |
|
705
Vanguard Extended Market ETF
VXF
$31.3B
| $419K | ﹤0.01% |
2,291
+311
| +16% | +$58.5K |
|
706
Vanguard Total International Bond ETF
BNDX
$82.3B
| $413K | ﹤0.01% |
7,488
+3,167
| +73% | +$180K |
|
|
FIEE
707
DELISTED
FI Enhanced Europe 50 ETN
FIEE
| $409K | ﹤0.01% |
1,940
-22
| -1% | -$4.39K |
|
708
Fidelity MSCI Consumer Discretionary Index ETF
FDIS
$1.73B
| $408K | ﹤0.01% |
4,626
-2,018
| -30% | -$176K |
|
709
S&P Global
SPGI
$121B
| $406K | ﹤0.01% |
860
+120
| +16% | +$54.9K |
|
710
Texas Pacific Land
TPL
$26.3B
| $405K | ﹤0.01% |
2,916
-18,585
| -86% | -$2.59M |
|
711
iShares New York Muni Bond ETF
NYF
$1.39B
| $398K | ﹤0.01% |
6,863
| – | – |
|
712
American Electric Power
AEP
$68.8B
| $393K | ﹤0.01% |
4,421
+1,006
| +29% | +$84.9K |
|
|
SCHW
713
Charles Schwab
SCHW
$188B
| $392K | ﹤0.01% |
+4,665
| New | +$377K |
|
714
Xcel Energy
XEL
$48.2B
| $391K | ﹤0.01% |
5,773
-1,079
| -16% | -$70.3K |
|
715
Vanguard Morningstar Mid-Cap Value ETF
VOE
$24B
| $386K | ﹤0.01% |
+2,567
| New | +$377K |
|
716
iShares MSCI USA Min Vol Factor ETF
USMV
$24B
| $384K | ﹤0.01% |
4,744
+2,009
| +73% | +$156K |
|
717
Allstate
ALL
$68.1B
| $382K | ﹤0.01% |
3,244
-332
| -9% | -$39.3K |
|
718
iShares 20+ Year Treasury Bond ETF
TLT
$41.8B
| $382K | ﹤0.01% |
+2,577
| New | +$380K |
|
719
Schwab U.S Small- Cap ETF
SCHA
$23B
| $379K | ﹤0.01% |
+14,808
| New | +$383K |
|
720
Colgate-Palmolive
CL
$74.4B
| $376K | ﹤0.01% |
4,410
+778
| +21% | +$60.8K |
|
721
Vanguard Morningstar Mega Cap ETF
MGC
$10.3B
| $373K | ﹤0.01% |
2,218
+64
| +3% | +$10.4K |
|
722
Aecom
ACM
$9.63B
| $372K | ﹤0.01% |
4,811
+564
| +13% | +$39.6K |
|
723
Agilent Technologies
A
$39.9B
| $363K | ﹤0.01% |
2,272
+909
| +67% | +$142K |
|
724
Zai Lab
ZLAB
$2.07B
| $363K | ﹤0.01% |
5,779
-7
| -0.1% | -$594 |
|
725
O'Reilly Automotive
ORLY
$76.3B
| $358K | ﹤0.01% |
+7,605
| New | +$329K |
|
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.