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 |
Canadian Natural Resources
CNQ
|
+$1.58B |
| 2 |
iShares MBS ETF
MBB
|
+$1.49B |
| 3 |
RTX Corp
RTX
|
+$839M |
| 4 |
Microsoft
MSFT
|
+$566M |
| 5 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$555M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Portfolio Short Term Treasury ETF
SPTS
|
+$1.27B |
| 2 |
Advanced Micro Devices
AMD
|
+$920M |
| 3 |
iShares Expanded Tech-Software Sector ETF
IGV
|
+$682M |
| 4 |
VanEck Semiconductor ETF
SMH
|
+$567M |
| 5 |
Vanguard Information Technology ETF
VGT
|
+$291M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 30.6% |
| 2 | Financials | 11.61% |
| 3 | Healthcare | 9.91% |
| 4 | Consumer Discretionary | 9.26% |
| 5 | Industrials | 7.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
Union Pacific
UNP
$174B
| $1.39B | 0.6% |
6,141,689
+164,653
| +3% | +$38.6M |
|
52
Toyota
TM
$224B
| $1.35B | 0.59% |
6,601,729
+214,387
| +3% | +$47.4M |
|
53
Capital One
COF
$128B
| $1.33B | 0.58% |
9,622,200
+180,588
| +2% | +$25.3M |
|
54
ServiceNow
NOW
$115B
| $1.26B | 0.55% |
8,030,690
+757,605
| +10% | +$111M |
|
55
PepsiCo
PEP
$190B
| $1.23B | 0.53% |
7,432,188
+480,073
| +7% | +$82.9M |
|
56
BHP
BHP
$215B
| $1.22B | 0.53% |
21,311,586
+810,408
| +4% | +$47.1M |
|
57
ING
ING
$99.8B
| $1.17B | 0.51% |
68,021,521
+2,069,488
| +3% | +$35.1M |
|
58
Rio Tinto
RIO
$158B
| $1.12B | 0.49% |
17,042,364
+547,525
| +3% | +$37.3M |
|
59
Danaher
DHR
$137B
| $1.11B | 0.48% |
4,436,341
+118,073
| +3% | +$29.8M |
|
60
Abbott
ABT
$183B
| $1.09B | 0.48% |
10,516,289
+324,480
| +3% | +$34.4M |
|
61
State Street SPDR Portfolio Long Term Treasury ETF
SPTL
$10.4B
| $1.08B | 0.47% |
39,751,844
+700,217
| +2% | +$18.9M |
|
62
Johnson & Johnson
JNJ
$618B
| $1.02B | 0.45% |
7,009,439
+386,640
| +6% | +$57.5M |
|
63
Johnson Controls International
JCI
$88.8B
| $983M | 0.43% |
14,786,213
+696,565
| +5% | +$46.9M |
|
64
SAP
SAP
$212B
| $974M | 0.42% |
4,830,489
-210,889
| -4% | -$39.8M |
|
65
Invesco QQQ Trust
QQQ
$453B
| $905M | 0.39% |
1,888,008
-197,758
| -9% | -$88.9M |
|
66
ConocoPhillips
COP
$147B
| $892M | 0.39% |
7,799,971
+266,521
| +4% | +$32.4M |
|
67
Starbucks
SBUX
$120B
| $890M | 0.39% |
11,434,950
-264,095
| -2% | -$21.5M |
|
68
Carrier Global
CARR
$51B
| $883M | 0.38% |
13,997,571
+317,191
| +2% | +$19.5M |
|
69
Unilever
UL
$137B
| $859M | 0.37% |
13,877,532
+1,157,336
| +9% | +$68.4M |
|
70
Ford
F
$58.5B
| $845M | 0.37% |
67,347,842
+4,825,153
| +8% | +$59.7M |
|
71
Boeing
BA
$171B
| $835M | 0.36% |
4,589,507
+254,674
| +6% | +$45.4M |
|
72
Vanguard S&P 500 ETF
VOO
$979B
| $828M | 0.36% |
1,656,491
+45,801
| +3% | +$22M |
|
73
CSX Corp
CSX
$93.4B
| $796M | 0.35% |
23,799,629
+871,784
| +4% | +$29.6M |
|
74
Walt Disney
DIS
$167B
| $788M | 0.34% |
7,935,049
+429,642
| +6% | +$46.3M |
|
75
BP
BP
$116B
| $787M | 0.34% |
21,813,284
+1,298,361
| +6% | +$48.7M |
|
Similar funds
Ken Fisher's Q2 2024 Portfolio in Review
As of Q2 2024, Ken Fisher held 1,069 positions worth $230B, up 7.4% from $214B the previous quarter. Its ten largest holdings account for 34% of the portfolio.
Ken Fisher deployed $7.03B of net new capital in Q2 2024, opening 105 new positions and adding to 492 existing holdings. Its largest new stake was ZTO Express: 3,166,868 shares worth $65.7M.
By sector, the portfolio is most concentrated in Technology at 31% of assets, up from 29% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was State Street SPDR Portfolio Short Term Treasury ETF, an estimated $1.27B trimmed.
- Ken Fisher's largest Q2 2024 buy was ZTO Express: 3,166,868 shares worth $65.7M.
- Ken Fisher added most to Canadian Natural Resources in Q2 2024, an estimated $1.58B increase.
- Ken Fisher's biggest Q2 2024 reduction was State Street SPDR Portfolio Short Term Treasury ETF, cutting an estimated $1.27B.
- Ken Fisher fully exited Thor Industries in Q2 2024, selling an estimated $24.5M.
- Ken Fisher's ten largest holdings make up 34% of its $230B portfolio in Q2 2024.
- Ken Fisher opened 105 new positions and closed 83 in Q2 2024.
- Ken Fisher's portfolio value rose 7.4% quarter-over-quarter to $230B.
Based on Fisher Asset Management's 13F filing for Q2 2024, filed 14 Aug 2024.