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
|
+$1.03B |
| 2 |
State Street SPDR Portfolio Long Term Treasury ETF
SPTL
|
+$692M |
| 3 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$542M |
| 4 |
Apple
AAPL
|
+$197M |
| 5 |
Amazon
AMZN
|
+$157M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MBS ETF
MBB
|
+$853M |
| 2 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$225M |
| 3 |
Xtrackers USD High Yield Corporate Bond ETF
HYLB
|
+$215M |
| 4 |
iShares Broad USD High Yield Corporate Bond ETF
USHY
|
+$153M |
| 5 |
TSMC
TSM
|
+$124M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.52% |
| 2 | Financials | 12.28% |
| 3 | Consumer Discretionary | 11.76% |
| 4 | Healthcare | 9.84% |
| 5 | Communication Services | 7.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
Danaher
DHR
$139B
| $723M | 0.51% |
3,621,476
+133,738
| +4% | +$27.2M |
|
52
Toyota
TM
$220B
| $693M | 0.49% |
4,443,325
+186,560
| +4% | +$28.2M |
|
53
Vale
VALE
$63.3B
| $662M | 0.47% |
38,070,253
-2,234,182
| -6% | -$39M |
|
54
Stryker
SYK
$127B
| $659M | 0.46% |
2,706,178
+132,119
| +5% | +$31.7M |
|
|
RDS.A
55
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $658M | 0.46% |
16,781,767
+687,121
| +4% | +$27.7M |
|
|
56
State Street SPDR Portfolio Long Term Treasury ETF
SPTL
$10.7B
| $649M | 0.46% |
16,650,159
+16,645,664
| +370,315% | +$692M |
|
57
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
$10.7B
| $637M | 0.45% |
20,338,565
+482,081
| +2% | +$15.1M |
|
58
NVIDIA
NVDA
$5.3T
| $635M | 0.45% |
47,548,880
+5,600
| +0% | +$75.3K |
|
59
JD.com
JD
$44.2B
| $630M | 0.44% |
7,473,179
-360,081
| -5% | -$33M |
|
60
Chevron
CVX
$373B
| $611M | 0.43% |
5,827,579
+183,849
| +3% | +$18M |
|
61
GSK
GSK
$103B
| $608M | 0.43% |
13,617,588
+396,313
| +3% | +$18M |
|
62
Lam Research
LRCX
$388B
| $603M | 0.43% |
10,135,950
+560,360
| +6% | +$30.5M |
|
63
Invesco QQQ Trust
QQQ
$484B
| $557M | 0.39% |
1,744,944
+138,301
| +9% | +$44.2M |
|
64
BHP
BHP
$226B
| $554M | 0.39% |
8,947,372
+202,166
| +2% | +$13M |
|
65
ING
ING
$102B
| $510M | 0.36% |
41,706,093
+2,370,067
| +6% | +$25.2M |
|
66
AB InBev
BUD
$168B
| $509M | 0.36% |
8,103,707
+306,982
| +4% | +$19.8M |
|
67
Pinduoduo
PDD
$130B
| $505M | 0.36% |
3,775,046
-237,984
| -6% | -$40.2M |
|
68
CSX Corp
CSX
$93.9B
| $498M | 0.35% |
15,500,874
+861,579
| +6% | +$26.3M |
|
69
Edwards Lifesciences
EW
$51.2B
| $487M | 0.34% |
5,822,714
+244,081
| +4% | +$20.6M |
|
|
ABB
70
DELISTED
ABB Ltd
ABB
| $487M | 0.34% |
15,979,477
+721,432
| +5% | +$21.7M |
|
71
RTX Corp
RTX
$296B
| $483M | 0.34% |
6,248,862
+333,707
| +6% | +$24.4M |
|
72
American Tower
AMT
$76B
| $450M | 0.32% |
1,882,598
+17,545
| +0.9% | +$3.91M |
|
73
ExxonMobil
XOM
$630B
| $450M | 0.32% |
8,059,571
+280,742
| +4% | +$14.7M |
|
74
HDFC Bank
HDB
$122B
| $427M | 0.3% |
10,989,064
-488,160
| -4% | -$19.1M |
|
75
iShares National Muni Bond ETF
MUB
$45.4B
| $426M | 0.3% |
3,673,119
+352,355
| +11% | +$41.1M |
|
Similar funds
Ken Fisher's Q1 2021 Portfolio in Review
As of Q1 2021, Ken Fisher held 1,105 positions worth $142B, up 6.4% from $133B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Ken Fisher's Q1 2021 filing shows 95 new, 327 increased, 470 reduced and 106 closed positions. Its largest new stake was iShares 7-10 Year Treasury Bond ETF: 8,801,434 shares worth $994M. The largest sale was iShares MBS ETF, an estimated $853M.
By sector, the portfolio is most concentrated in Technology at 26% of assets, down from 26% a quarter earlier, followed by Financials and Consumer Discretionary.
- Ken Fisher's largest Q1 2021 buy was iShares 7-10 Year Treasury Bond ETF: 8,801,434 shares worth $994M.
- Ken Fisher added most to State Street SPDR Portfolio Long Term Treasury ETF in Q1 2021, an estimated $692M increase.
- Ken Fisher's biggest Q1 2021 reduction was iShares MBS ETF, cutting an estimated $853M.
- Ken Fisher fully exited Mid-America Apartment Communities in Q1 2021, selling an estimated $38.3M.
- Ken Fisher's ten largest holdings make up 31% of its $142B portfolio in Q1 2021.
- Ken Fisher opened 95 new positions and closed 106 in Q1 2021.
- Ken Fisher's portfolio value rose 6.4% quarter-over-quarter to $142B.
Based on Fisher Asset Management's 13F filing for Q1 2021, filed 27 Apr 2021.