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 |
Procter & Gamble
PG
|
+$784M |
| 2 |
PepsiCo
PEP
|
+$635M |
| 3 |
UnitedHealth
UNH
|
+$599M |
| 4 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$376M |
| 5 |
JPMorgan Chase
JPM
|
+$359M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ExxonMobil
XOM
|
+$510M |
| 2 |
HES
Hess
HES
|
+$465M |
| 3 |
Uber
UBER
|
+$413M |
| 4 |
SLB Ltd
SLB
|
+$404M |
| 5 |
PayPal
PYPL
|
+$354M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.64% |
| 2 | Financials | 10.93% |
| 3 | Healthcare | 9.92% |
| 4 | Consumer Discretionary | 9.41% |
| 5 | Industrials | 7.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
701
SPDR Gold Trust
GLD
$141B
| $890K | ﹤0.01% |
5,192
-395
| -7% | -$70.6K |
|
702
iShares MSCI EAFE ETF
EFA
$80.3B
| $881K | ﹤0.01% |
12,778
+6,424
| +101% | +$460K |
|
703
Boot Barn
BOOT
$4.94B
| $873K | ﹤0.01% |
10,755
-3,432
| -24% | -$309K |
|
704
WPP
WPP
$5.96B
| $865K | ﹤0.01% |
19,400
-2,245
| -10% | -$112K |
|
705
Movado Group
MOV
$840M
| $864K | ﹤0.01% |
31,582
| – | – |
|
706
Nuveen California AMT-Free Quality Municipal Income Fund
NKX
$658M
| $864K | ﹤0.01% |
+84,184
| New | +$937K |
|
707
Vanguard Dividend Appreciation ETF
VIG
$114B
| $855K | ﹤0.01% |
5,501
+1,881
| +52% | +$305K |
|
708
IDEAYA Biosciences
IDYA
$3.54B
| $851K | ﹤0.01% |
31,525
-17,226
| -35% | -$437K |
|
709
iShares MSCI Spain ETF
EWP
$2.17B
| $846K | ﹤0.01% |
30,752
-2,518
| -8% | -$71.4K |
|
|
JNPR
710
DELISTED
Juniper Networks
JNPR
| $842K | ﹤0.01% |
30,292
| – | – |
|
711
First Trust Nasdaq-100 Select Equal Weight ETF
QQEW
$1.82B
| $826K | ﹤0.01% |
7,943
-235
| -3% | -$25.3K |
|
712
United Therapeutics
UTHR
$23B
| $817K | ﹤0.01% |
3,619
-730
| -17% | -$168K |
|
713
Fidelity MSCI Health Care Index ETF
FHLC
$3.36B
| $807K | ﹤0.01% |
13,327
+2,510
| +23% | +$158K |
|
|
HAYN
714
DELISTED
Haynes International, Inc.
HAYN
| $801K | ﹤0.01% |
17,212
-2,990
| -15% | -$146K |
|
715
Duke Energy
DUK
$97.6B
| $799K | ﹤0.01% |
9,057
-2,288
| -20% | -$210K |
|
716
iShares Core MSCI Emerging Markets ETF
IEMG
$156B
| $798K | ﹤0.01% |
16,762
+3,940
| +31% | +$195K |
|
|
DOCU
717
DocuSign
DOCU
$11.5B
| $788K | ﹤0.01% |
18,764
-14,606
| -44% | -$716K |
|
718
WisdomTree
WT
$3.25B
| $781K | ﹤0.01% |
111,632
| – | – |
|
719
NIO
NIO
$11.8B
| $779K | ﹤0.01% |
86,171
-7,766
| -8% | -$86.4K |
|
720
Global X FinTech ETF
FINX
$170M
| $775K | ﹤0.01% |
38,485
-33,910
| -47% | -$752K |
|
721
Stoneridge
SRI
$211M
| $765K | ﹤0.01% |
38,124
| – | – |
|
722
Lyft
LYFT
$6.58B
| $765K | ﹤0.01% |
72,573
-4,067,618
| -98% | -$45.3M |
|
723
Schwab US Large- Cap ETF
SCHX
$74.4B
| $762K | ﹤0.01% |
45,198
+18,675
| +70% | +$328K |
|
724
Anika Therapeutics
ANIK
$287M
| $759K | ﹤0.01% |
40,725
-81,469
| -67% | -$1.69M |
|
725
iShares US Telecommunications ETF
IYZ
$1.26B
| $752K | ﹤0.01% |
35,317
-14,658
| -29% | -$324K |
|
Similar funds
Ken Fisher's Q3 2023 Portfolio in Review
As of Q3 2023, Ken Fisher held 1,293 positions worth $176B, down 2.5% from $181B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Ken Fisher's Q3 2023 filing shows 130 new, 437 increased, 474 reduced and 125 closed positions. Its largest new stake was Murphy Oil: 991,976 shares worth $45M. The largest sale was ExxonMobil, an estimated $510M.
By sector, the portfolio is most concentrated in Technology at 27% of assets, down from 28% a quarter earlier, followed by Financials and Healthcare.
- Ken Fisher's largest Q3 2023 buy was Murphy Oil: 991,976 shares worth $45M.
- Ken Fisher added most to Procter & Gamble in Q3 2023, an estimated $784M increase.
- Ken Fisher's biggest Q3 2023 reduction was ExxonMobil, cutting an estimated $510M.
- Ken Fisher fully exited PDC Energy, Inc. in Q3 2023, selling an estimated $78.7M.
- Ken Fisher's ten largest holdings make up 27% of its $176B portfolio in Q3 2023.
- Ken Fisher opened 130 new positions and closed 125 in Q3 2023.
- Ken Fisher's portfolio value fell 2.5% quarter-over-quarter to $176B.
Based on Fisher Asset Management's 13F filing for Q3 2023, filed 13 Nov 2023.