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 |
PepsiCo
PEP
|
+$821M |
| 2 |
UnitedHealth
UNH
|
+$757M |
| 3 |
Procter & Gamble
PG
|
+$646M |
| 4 |
ExxonMobil
XOM
|
+$580M |
| 5 |
Broadcom
AVGO
|
+$544M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
XYZ
Block Inc
XYZ
|
+$700M |
| 2 |
SLB Ltd
SLB
|
+$562M |
| 3 |
PayPal
PYPL
|
+$554M |
| 4 |
Target
TGT
|
+$476M |
| 5 |
Uber
UBER
|
+$428M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 27.95% |
| 2 | Financials | 10.94% |
| 3 | Healthcare | 9.68% |
| 4 | Consumer Discretionary | 9.44% |
| 5 | Industrials | 7.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
State Street SPDR Portfolio Long Term Treasury ETF
SPTL
$10.4B
| $1.02B | 0.56% |
34,134,992
+1,374,242
| +4% | +$41.5M |
|
|
SCHW
52
Charles Schwab
SCHW
$183B
| $1.02B | 0.56% |
18,002,625
+1,301,834
| +8% | +$68.2M |
|
|
SI
53
DELISTED
SIEMENS AKTIENGESELLSCHAFT ADS
SI
| $1.01B | 0.56% |
12,149,681
-466,967
| -4% | -$38.9M |
|
54
Danaher
DHR
$137B
| $983M | 0.54% |
4,621,062
+70,502
| +2% | +$14.9M |
|
55
Boeing
BA
$171B
| $982M | 0.54% |
4,652,243
+159,798
| +4% | +$33.2M |
|
56
Rio Tinto
RIO
$158B
| $951M | 0.53% |
14,890,004
+317,574
| +2% | +$20.4M |
|
57
Bank of America
BAC
$435B
| $950M | 0.53% |
33,109,833
+6,116,809
| +23% | +$175M |
|
58
Toyota
TM
$224B
| $945M | 0.52% |
5,877,319
+147,965
| +3% | +$21.3M |
|
59
Booking.com
BKNG
$149B
| $937M | 0.52% |
8,672,125
+323,750
| +4% | +$34.2M |
|
60
Ford
F
$58.5B
| $919M | 0.51% |
60,718,460
+5,917,372
| +11% | +$74.9M |
|
61
RTX Corp
RTX
$290B
| $909M | 0.5% |
9,274,713
+252,296
| +3% | +$24.7M |
|
62
iShares Broad USD High Yield Corporate Bond ETF
USHY
$29.3B
| $853M | 0.47% |
24,156,858
+1,355,431
| +6% | +$47.5M |
|
63
iShares 7-10 Year Treasury Bond ETF
IEF
$47.1B
| $842M | 0.47% |
8,717,386
+446,004
| +5% | +$43.8M |
|
64
SAP
SAP
$212B
| $828M | 0.46% |
6,049,714
-208,617
| -3% | -$27.6M |
|
|
65
PepsiCo
PEP
$190B
| $825M | 0.46% |
4,451,594
+4,401,650
| +8,813% | +$821M |
|
66
Johnson Controls International
JCI
$88.8B
| $819M | 0.45% |
12,012,369
+680,833
| +6% | +$41.9M |
|
|
ABB
67
DELISTED
ABB Ltd
ABB
| $797M | 0.44% |
20,276,158
-516,282
| -2% | -$18.4M |
|
68
ServiceNow
NOW
$115B
| $770M | 0.43% |
6,853,190
+323,460
| +5% | +$32.3M |
|
69
ING
ING
$99.8B
| $766M | 0.42% |
56,873,888
+1,788,555
| +3% | +$22.9M |
|
70
Edwards Lifesciences
EW
$49.6B
| $756M | 0.42% |
8,017,791
+198,252
| +3% | +$17.2M |
|
|
71
UnitedHealth
UNH
$376B
| $750M | 0.41% |
1,560,917
+1,547,989
| +11,974% | +$757M |
|
72
ConocoPhillips
COP
$147B
| $743M | 0.41% |
7,167,085
+153,030
| +2% | +$15.7M |
|
|
73
Procter & Gamble
PG
$336B
| $738M | 0.41% |
4,862,106
+4,287,178
| +746% | +$646M |
|
74
CSX Corp
CSX
$93.4B
| $736M | 0.41% |
21,581,362
+593,937
| +3% | +$18.8M |
|
75
iShares MSCI Europe Financials ETF
EUFN
$4.14B
| $723M | 0.4% |
37,683,754
-328,730
| -0.9% | -$6.33M |
|
Similar funds
Ken Fisher's Q2 2023 Portfolio in Review
As of Q2 2023, Ken Fisher held 1,244 positions worth $181B, up 9.9% from $165B the previous quarter. Its ten largest holdings account for 28% of the portfolio.
Ken Fisher's Q2 2023 filing shows 109 new, 547 increased, 343 reduced and 81 closed positions. Its largest new stake was CNB Financial Corp: 67,868 shares worth $1.2M. The largest sale was Block Inc, an estimated $700M.
By sector, the portfolio is most concentrated in Technology at 28% of assets, up from 27% a quarter earlier, followed by Financials and Healthcare.
- Ken Fisher's largest Q2 2023 buy was CNB Financial Corp: 67,868 shares worth $1.2M.
- Ken Fisher added most to PepsiCo in Q2 2023, an estimated $821M increase.
- Ken Fisher's biggest Q2 2023 reduction was Block Inc, cutting an estimated $700M.
- Ken Fisher fully exited Mechanics Bancorp in Q2 2023, selling an estimated $1.17M.
- Ken Fisher's ten largest holdings make up 28% of its $181B portfolio in Q2 2023.
- Ken Fisher opened 109 new positions and closed 81 in Q2 2023.
- Ken Fisher's portfolio value rose 9.9% quarter-over-quarter to $181B.
Based on Fisher Asset Management's 13F filing for Q2 2023, filed 8 Aug 2023.