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 |
iShares 7-10 Year Treasury Bond ETF
IEF
|
+$2.87B |
| 2 |
NVIDIA
NVDA
|
+$358M |
| 3 |
Suncor Energy
SU
|
+$287M |
| 4 |
Microsoft
MSFT
|
+$278M |
| 5 |
Apple
AAPL
|
+$200M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$1.8B |
| 2 |
Canadian Natural Resources
CNQ
|
+$205M |
| 3 |
Intuit
INTU
|
+$177M |
| 4 |
Adobe
ADBE
|
+$120M |
| 5 |
GTLS
Chart Industries
GTLS
|
+$95.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.4% |
| 2 | Financials | 18.68% |
| 3 | Industrials | 9.33% |
| 4 | Healthcare | 8.68% |
| 5 | Communication Services | 6.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
701
Sprott Physical Gold
PHYS
$15.7B
| $892K | ﹤0.01% |
+30,117
| New | +$800K |
|
702
iShares Russell 2000 ETF
IWM
$83B
| $876K | ﹤0.01% |
3,620
+303
| +9% | +$69.5K |
|
703
Flutter Entertainment
FLUT
$16.4B
| $870K | ﹤0.01% |
+3,424
| New | +$1M |
|
704
Teledyne Technologies
TDY
$32B
| $846K | ﹤0.01% |
1,444
-258
| -15% | -$141K |
|
705
Duke Energy
DUK
$97.3B
| $845K | ﹤0.01% |
6,827
+1,125
| +20% | +$137K |
|
706
L3Harris
LHX
$53.4B
| $843K | ﹤0.01% |
2,761
+99
| +4% | +$27.1K |
|
707
iShares 3-7 Year Treasury Bond ETF
IEI
$17.8B
| $836K | ﹤0.01% |
+6,997
| New | +$832K |
|
708
Schwab US Large-Cap Growth ETF
SCHG
$62.8B
| $836K | ﹤0.01% |
26,189
-18,304
| -41% | -$558K |
|
|
VRNT
709
DELISTED
Verint Systems
VRNT
| $835K | ﹤0.01% |
41,246
+32
| +0.1% | +$659 |
|
710
iShares Core S&P Small-Cap ETF
IJR
$112B
| $831K | ﹤0.01% |
6,989
+406
| +6% | +$46.7K |
|
711
Reliance Steel & Aluminium
RS
$21.6B
| $824K | ﹤0.01% |
2,935
+43
| +1% | +$12.9K |
|
712
Globant
GLOB
$1.61B
| $813K | ﹤0.01% |
14,163
+1
| +0% | +$74 |
|
713
iShares TIPS Bond ETF
TIP
$14.5B
| $800K | ﹤0.01% |
7,195
+1,833
| +34% | +$203K |
|
714
iShares Global Financials ETF
IXG
$687M
| $791K | ﹤0.01% |
6,782
+102
| +2% | +$11.6K |
|
715
PNC Financial Services
PNC
$101B
| $785K | ﹤0.01% |
3,908
-685
| -15% | -$135K |
|
716
Aflac
AFL
$63.4B
| $772K | ﹤0.01% |
6,913
-796
| -10% | -$83.6K |
|
717
Hackett Group
HCKT
$287M
| $771K | ﹤0.01% |
40,568
-125
| -0.3% | -$2.73K |
|
718
Deckers Outdoor
DECK
$13.3B
| $766K | ﹤0.01% |
7,557
+227
| +3% | +$24.8K |
|
719
iShares Russell Top 200 Growth ETF
IWY
$16.6B
| $761K | ﹤0.01% |
2,779
-550
| -17% | -$142K |
|
720
iShares MSCI Spain ETF
EWP
$2.17B
| $758K | ﹤0.01% |
15,311
-1,877
| -11% | -$87.9K |
|
721
Accenture
ACN
$108B
| $750K | ﹤0.01% |
3,042
-10,410
| -77% | -$2.71M |
|
722
Clorox
CLX
$12.7B
| $746K | ﹤0.01% |
6,053
+102
| +2% | +$12.7K |
|
723
American Electric Power
AEP
$68.4B
| $746K | ﹤0.01% |
6,631
+1,586
| +31% | +$174K |
|
724
Constellation Energy
CEG
$96.4B
| $744K | ﹤0.01% |
2,260
-388
| -15% | -$125K |
|
725
Genpact
G
$5.81B
| $737K | ﹤0.01% |
17,587
-59
| -0.3% | -$2.59K |
|
Similar funds
Ken Fisher's Q3 2025 Portfolio in Review
As of Q3 2025, Ken Fisher held 1,094 positions worth $276B, up 9.7% from $252B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Ken Fisher's Q3 2025 filing shows 108 new, 450 increased, 424 reduced and 80 closed positions. Its largest new stake was Sanmina: 166,861 shares worth $19.2M. The largest sale was Vanguard Intermediate-Term Corporate Bond ETF, an estimated $1.8B.
By sector, the portfolio is most concentrated in Technology at 26% of assets, up from 25% a quarter earlier, followed by Financials and Industrials.
- Ken Fisher's largest Q3 2025 buy was Sanmina: 166,861 shares worth $19.2M.
- Ken Fisher added most to iShares 7-10 Year Treasury Bond ETF in Q3 2025, an estimated $2.87B increase.
- Ken Fisher's biggest Q3 2025 reduction was Vanguard Intermediate-Term Corporate Bond ETF, cutting an estimated $1.8B.
- Ken Fisher fully exited WEX in Q3 2025, selling an estimated $14.2M.
- Ken Fisher's ten largest holdings make up 32% of its $276B portfolio in Q3 2025.
- Ken Fisher opened 108 new positions and closed 80 in Q3 2025.
- Ken Fisher's portfolio value rose 9.7% quarter-over-quarter to $276B.
Based on Fisher Asset Management's 13F filing for Q3 2025, filed 12 Nov 2025.