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 |
GE Vernova
GEV
|
+$3.63B |
| 2 |
GE Aerospace
GE
|
+$3.62B |
| 3 |
Cisco
CSCO
|
+$1.68B |
| 4 |
UnitedHealth
UNH
|
+$1.42B |
| 5 |
Merck
MRK
|
+$1.41B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Canadian Natural Resources
CNQ
|
+$1.97B |
| 2 |
ConocoPhillips
COP
|
+$1.69B |
| 3 |
ING
ING
|
+$1.3B |
| 4 |
Chevron
CVX
|
+$973M |
| 5 |
Johnson Controls International
JCI
|
+$954M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.63% |
| 2 | Financials | 16.68% |
| 3 | Industrials | 13.38% |
| 4 | Miscellaneous | 10.91% |
| 5 | Healthcare | 10.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
Mitsubishi UFJ Financial
MUFG
$269B
| $1.95B | 0.58% |
97,910,346
+2,221,042
| +2% | +$41.8M |
|
52
Oracle
ORCL
$433B
| $1.94B | 0.58% |
13,261,451
+3,699,197
| +39% | +$670M |
|
53
GSK
GSK
$96.4B
| $1.87B | 0.56% |
35,722,792
+1,200,429
| +3% | +$63.5M |
|
54
Union Pacific
UNP
$169B
| $1.79B | 0.53% |
6,578,759
+74,694
| +1% | +$19.6M |
|
55
HSBC
HSBC
$361B
| $1.77B | 0.53% |
18,572,508
+369,708
| +2% | +$33.7M |
|
56
Procter & Gamble
PG
$337B
| $1.65B | 0.49% |
11,238,939
+225,367
| +2% | +$32.8M |
|
|
57
Johnson Controls International
JCI
$88.4B
| $1.57B | 0.47% |
10,769,298
-6,757,218
| -39% | -$954M |
|
58
Intuitive Surgical
ISRG
$130B
| $1.56B | 0.46% |
3,918,840
+65,900
| +2% | +$28.8M |
|
59
Unilever
UL
$134B
| $1.48B | 0.44% |
24,693,472
+3,426,684
| +16% | +$198M |
|
60
Thermo Fisher Scientific
TMO
$225B
| $1.46B | 0.44% |
2,915,715
+64,136
| +2% | +$30.8M |
|
61
Royal Bank of Canada
RY
$285B
| $1.46B | 0.44% |
7,062,353
+350,799
| +5% | +$65.1M |
|
62
Netflix
NFLX
$322B
| $1.46B | 0.43% |
20,415,312
+78,838
| +0.4% | +$6.94M |
|
63
iShares National Muni Bond ETF
MUB
$44.8B
| $1.36B | 0.41% |
12,648,532
+1,052,371
| +9% | +$113M |
|
64
Emerson Electric
EMR
$84.9B
| $1.35B | 0.4% |
9,426,709
+946,690
| +11% | +$133M |
|
65
Blackrock
BLK
$167B
| $1.35B | 0.4% |
1,403,263
-377,696
| -21% | -$391M |
|
66
CSX Corp
CSX
$90.7B
| $1.33B | 0.4% |
28,042,636
+794,989
| +3% | +$35.9M |
|
67
Boeing
BA
$166B
| $1.31B | 0.39% |
6,055,655
+203,447
| +3% | +$45.3M |
|
68
Starbucks
SBUX
$113B
| $1.29B | 0.38% |
12,585,385
+338,136
| +3% | +$34.1M |
|
69
Spotify
SPOT
$108B
| $1.23B | 0.37% |
2,674,677
+86,012
| +3% | +$41M |
|
70
Toyota
TM
$235B
| $1.21B | 0.36% |
7,202,123
+134,907
| +2% | +$25.6M |
|
71
PepsiCo
PEP
$186B
| $1.17B | 0.35% |
8,676,821
+166,484
| +2% | +$24.9M |
|
72
Vanguard S&P 500 ETF
VOO
$1.05T
| $1.08B | 0.32% |
1,567,739
-4,895
| -0.3% | -$3.26M |
|
73
Illinois Tool Works
ITW
$76.4B
| $1.04B | 0.31% |
3,829,798
+58,322
| +2% | +$15.1M |
|
74
AB InBev
BUD
$154B
| $1.03B | 0.31% |
12,452,441
+536,751
| +5% | +$42.2M |
|
75
Deutsche Bank
DB
$76.1B
| $1B | 0.3% |
29,700,418
+1,305,926
| +5% | +$42.3M |
|
Similar funds
Ken Fisher's Q2 2026 Portfolio in Review
As of Q2 2026, Ken Fisher held 1,138 positions worth $336B, up 14% from $295B the previous quarter. Its ten largest holdings account for 36% of the portfolio.
Ken Fisher's Q2 2026 filing shows 122 new, 384 increased, 501 reduced and 101 closed positions. Its largest new stake was Honeywell Aerospace: 74,226 shares worth $16.4M. The largest sale was Canadian Natural Resources, an estimated $1.97B.
By sector, the portfolio is most concentrated in Technology at 26% of assets, up from 23% a quarter earlier, followed by Financials and Industrials.
- Ken Fisher's largest Q2 2026 buy was Honeywell Aerospace: 74,226 shares worth $16.4M.
- Ken Fisher added most to GE Vernova in Q2 2026, an estimated $3.63B increase.
- Ken Fisher's biggest Q2 2026 reduction was Canadian Natural Resources, cutting an estimated $1.97B.
- Ken Fisher fully exited Arcosa in Q2 2026, selling an estimated $11.1M.
- Ken Fisher's ten largest holdings make up 36% of its $336B portfolio in Q2 2026.
- Ken Fisher opened 122 new positions and closed 101 in Q2 2026.
- Ken Fisher's portfolio value rose 14% quarter-over-quarter to $336B.
Based on Fisher Asset Management's 13F filing for Q2 2026, filed 4 Aug 2026.