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 |
Johnson & Johnson
JNJ
|
+$907M |
| 2 |
Apple
AAPL
|
+$260M |
| 3 |
Microsoft
MSFT
|
+$223M |
| 4 |
Amazon
AMZN
|
+$173M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$160M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Eli Lilly
LLY
|
+$471M |
| 2 |
NVO
Novo Nordisk
NVO
|
+$177M |
| 3 |
AZPN
ASPEN TECHNOLOGY INC
AZPN
|
+$160M |
| 4 |
Petrobras
PBR
|
+$153M |
| 5 |
Adobe
ADBE
|
+$146M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 27.79% |
| 2 | Healthcare | 12.41% |
| 3 | Financials | 9.98% |
| 4 | Consumer Discretionary | 9.11% |
| 5 | Communication Services | 6.49% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
Lam Research
LRCX
$367B
| $849M | 0.6% |
19,928,890
+903,670
| +5% | +$43M |
|
52
Morgan Stanley
MS
$331B
| $829M | 0.59% |
10,901,931
+132,655
| +1% | +$10.9M |
|
53
Capital One
COF
$128B
| $818M | 0.58% |
7,848,053
+906,214
| +13% | +$111M |
|
54
Toyota
TM
$224B
| $818M | 0.58% |
5,303,278
+167,871
| +3% | +$27.8M |
|
55
RTX Corp
RTX
$290B
| $808M | 0.57% |
8,410,174
+344,160
| +4% | +$33.1M |
|
56
3M
MMM
$90.9B
| $802M | 0.57% |
7,410,131
+195,681
| +3% | +$23.7M |
|
57
SAP
SAP
$212B
| $784M | 0.56% |
8,645,133
-134,448
| -2% | -$13.4M |
|
58
Invesco QQQ Trust
QQQ
$453B
| $739M | 0.52% |
2,635,552
+235,659
| +10% | +$73.1M |
|
59
Broadcom
AVGO
$1.85T
| $716M | 0.51% |
14,744,320
+534,240
| +4% | +$30M |
|
60
Edwards Lifesciences
EW
$49.6B
| $697M | 0.49% |
7,330,681
+227,736
| +3% | +$23.6M |
|
61
ServiceNow
NOW
$115B
| $694M | 0.49% |
7,295,840
+230,445
| +3% | +$22M |
|
62
Stryker
SYK
$125B
| $680M | 0.48% |
3,419,961
+120,855
| +4% | +$28.4M |
|
63
SLB Ltd
SLB
$73.6B
| $673M | 0.48% |
18,809,413
+878,009
| +5% | +$36.6M |
|
|
SI
64
DELISTED
SIEMENS AKTIENGESELLSCHAFT ADS
SI
| $656M | 0.46% |
12,930,409
+74,169
| +0.6% | +$3.76M |
|
65
ConocoPhillips
COP
$147B
| $607M | 0.43% |
6,761,088
+253,256
| +4% | +$26.1M |
|
66
CSX Corp
CSX
$93.4B
| $568M | 0.4% |
19,532,415
+670,643
| +4% | +$21.9M |
|
67
iShares National Muni Bond ETF
MUB
$45.1B
| $557M | 0.39% |
5,233,309
+108,543
| +2% | +$11.6M |
|
68
ING
ING
$99.8B
| $556M | 0.39% |
56,078,825
+4,372,608
| +8% | +$44.7M |
|
69
American Tower
AMT
$80.8B
| $542M | 0.38% |
2,118,962
+30,932
| +1% | +$7.76M |
|
|
ABB
70
DELISTED
ABB Ltd
ABB
| $535M | 0.38% |
20,004,383
+924,566
| +5% | +$27.5M |
|
71
Zoom
ZM
$28.2B
| $509M | 0.36% |
4,713,198
+312,600
| +7% | +$33M |
|
72
Uber
UBER
$143B
| $501M | 0.35% |
24,478,476
+681,660
| +3% | +$18.1M |
|
73
AB InBev
BUD
$170B
| $487M | 0.34% |
9,024,648
+337,615
| +4% | +$19M |
|
74
Crown Castle
CCI
$33.3B
| $486M | 0.34% |
2,884,976
+123,396
| +4% | +$22.5M |
|
75
JD.com
JD
$44.6B
| $478M | 0.34% |
7,438,463
-256,175
| -3% | -$14.8M |
|
Similar funds
Ken Fisher's Q2 2022 Portfolio in Review
As of Q2 2022, Ken Fisher held 1,196 positions worth $141B, down 17% from $169B the previous quarter. Its ten largest holdings account for 30% of the portfolio.
Ken Fisher's Q2 2022 filing shows 110 new, 483 increased, 318 reduced and 131 closed positions. Its largest new stake was Woodside Energy: 6,156,348 shares worth $133M. The largest sale was Eli Lilly, an estimated $471M.
By sector, the portfolio is most concentrated in Technology at 28% of assets, down from 29% a quarter earlier, followed by Healthcare and Financials.
- Ken Fisher's largest Q2 2022 buy was Woodside Energy: 6,156,348 shares worth $133M.
- Ken Fisher added most to Johnson & Johnson in Q2 2022, an estimated $907M increase.
- Ken Fisher's biggest Q2 2022 reduction was Eli Lilly, cutting an estimated $471M.
- Ken Fisher fully exited ASPEN TECHNOLOGY INC in Q2 2022, selling an estimated $160M.
- Ken Fisher's ten largest holdings make up 30% of its $141B portfolio in Q2 2022.
- Ken Fisher opened 110 new positions and closed 131 in Q2 2022.
- Ken Fisher's portfolio value fell 17% quarter-over-quarter to $141B.
Based on Fisher Asset Management's 13F filing for Q2 2022, filed 9 Aug 2022.