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 |
PepsiCo
PEP
|
+$821M |
| 2 |
UnitedHealth
UNH
|
+$757M |
| 3 |
Procter & Gamble
PG
|
+$646M |
| 4 |
ExxonMobil
XOM
|
+$580M |
| 5 |
Broadcom
AVGO
|
+$544M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
XYZ
Block Inc
XYZ
|
+$700M |
| 2 |
SLB Ltd
SLB
|
+$562M |
| 3 |
PayPal
PYPL
|
+$554M |
| 4 |
Target
TGT
|
+$476M |
| 5 |
Uber
UBER
|
+$428M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 27.95% |
| 2 | Financials | 10.94% |
| 3 | Healthcare | 9.68% |
| 4 | Consumer Discretionary | 9.44% |
| 5 | Industrials | 7.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
701
Scholar Rock
SRRK
$5.69B
| $1.06M | ﹤0.01% |
+141,055
| New | +$1.07M |
|
702
State Street SPDR S&P Metals & Mining ETF
XME
$4.26B
| $1.06M | ﹤0.01% |
20,844
+198
| +1% | +$9.72K |
|
|
SFBS
703
ServisFirst Bancshares
SFBS
$4.94B
| $1.06M | ﹤0.01% |
25,833
-6,402
| -20% | -$296K |
|
704
Gilead Sciences
GILD
$162B
| $1.06M | ﹤0.01% |
13,708
+2,105
| +18% | +$168K |
|
705
Oceaneering
OII
$4.83B
| $1.05M | ﹤0.01% |
56,272
-36
| -0.1% | -$620 |
|
706
InterContinental Hotels
IHG
$23.9B
| $1.05M | ﹤0.01% |
14,881
| – | – |
|
|
HAYN
707
DELISTED
Haynes International, Inc.
HAYN
| $1.03M | ﹤0.01% |
20,202
| – | – |
|
708
Old Second Bancorp
OSBC
$1.32B
| $1.02M | ﹤0.01% |
78,032
| – | – |
|
709
Duke Energy
DUK
$95.8B
| $1.02M | ﹤0.01% |
11,345
+6,272
| +124% | +$592K |
|
|
HT
710
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $1.01M | ﹤0.01% |
166,051
| – | – |
|
711
SPDR Gold Trust
GLD
$137B
| $996K | ﹤0.01% |
5,587
+2,592
| +87% | +$476K |
|
712
Waste Management
WM
$89.3B
| $990K | ﹤0.01% |
5,709
+98
| +2% | +$16.2K |
|
713
Teleflex
TFX
$6.16B
| $972K | ﹤0.01% |
4,018
-304
| -7% | -$76.1K |
|
714
Marathon Petroleum
MPC
$88.4B
| $963K | ﹤0.01% |
8,260
+3,511
| +74% | +$408K |
|
715
iShares MSCI Spain ETF
EWP
$2.15B
| $962K | ﹤0.01% |
33,270
-400
| -1% | -$11.3K |
|
716
United Therapeutics
UTHR
$22B
| $960K | ﹤0.01% |
4,349
+23
| +0.5% | +$5.09K |
|
717
iShares TIPS Bond ETF
TIP
$14.5B
| $957K | ﹤0.01% |
8,891
+2,692
| +43% | +$293K |
|
718
Vanguard Total International Stock ETF
VXUS
$159B
| $953K | ﹤0.01% |
16,989
+12,109
| +248% | +$677K |
|
|
JNPR
719
DELISTED
Juniper Networks
JNPR
| $949K | ﹤0.01% |
30,292
| – | – |
|
720
iShares Russell 2000 ETF
IWM
$82.8B
| $940K | ﹤0.01% |
5,018
-1,629
| -25% | -$290K |
|
721
Oppenheimer Holdings
OPY
$1.25B
| $938K | ﹤0.01% |
23,345
| – | – |
|
722
Icon
ICLR
$12.7B
| $937K | ﹤0.01% |
3,744
-107
| -3% | -$22.7K |
|
723
Northrop Grumman
NOC
$78.8B
| $917K | ﹤0.01% |
2,012
+819
| +69% | +$372K |
|
724
Nicolet Bankshares
NIC
$3.65B
| $914K | ﹤0.01% |
+13,463
| New | +$853K |
|
725
Sutro Biopharma
STRO
$431M
| $914K | ﹤0.01% |
+19,652
| New | +$978K |
|
Similar funds
Ken Fisher's Q2 2023 Portfolio in Review
As of Q2 2023, Ken Fisher held 1,244 positions worth $181B, up 9.9% from $165B the previous quarter. Its ten largest holdings account for 28% of the portfolio.
Ken Fisher's Q2 2023 filing shows 109 new, 547 increased, 343 reduced and 81 closed positions. Its largest new stake was CNB Financial Corp: 67,868 shares worth $1.2M. The largest sale was Block Inc, an estimated $700M.
By sector, the portfolio is most concentrated in Technology at 28% of assets, up from 27% a quarter earlier, followed by Financials and Healthcare.
- Ken Fisher's largest Q2 2023 buy was CNB Financial Corp: 67,868 shares worth $1.2M.
- Ken Fisher added most to PepsiCo in Q2 2023, an estimated $821M increase.
- Ken Fisher's biggest Q2 2023 reduction was Block Inc, cutting an estimated $700M.
- Ken Fisher fully exited Mechanics Bancorp in Q2 2023, selling an estimated $1.17M.
- Ken Fisher's ten largest holdings make up 28% of its $181B portfolio in Q2 2023.
- Ken Fisher opened 109 new positions and closed 81 in Q2 2023.
- Ken Fisher's portfolio value rose 9.9% quarter-over-quarter to $181B.
Based on Fisher Asset Management's 13F filing for Q2 2023, filed 8 Aug 2023.