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
|
+$715M |
| 2 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$350M |
| 3 |
NVIDIA
NVDA
|
+$223M |
| 4 |
Emerson Electric
EMR
|
+$173M |
| 5 |
Apple
AAPL
|
+$159M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Wynn Resorts
WYNN
|
+$155M |
| 2 |
Blackrock
BLK
|
+$134M |
| 3 |
Expedia Group
EXPE
|
+$131M |
| 4 |
Haleon
HLN
|
+$130M |
| 5 |
Intuit
INTU
|
+$118M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 30.36% |
| 2 | Financials | 13.4% |
| 3 | Consumer Discretionary | 9.1% |
| 4 | Healthcare | 9.06% |
| 5 | Industrials | 7.84% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
Lam Research
LRCX
$398B
| $1.34B | 0.53% |
18,578,181
-136,549
| -0.7% | -$10.4M |
|
52
Toyota
TM
$224B
| $1.34B | 0.53% |
6,892,009
+129,560
| +2% | +$22.8M |
|
53
State Street SPDR Portfolio Long Term Treasury ETF
SPTL
$10.7B
| $1.34B | 0.53% |
51,159,641
+3,266,431
| +7% | +$89.5M |
|
54
Abbott
ABT
$182B
| $1.28B | 0.51% |
11,277,123
+174,919
| +2% | +$20.2M |
|
55
SAP
SAP
$226B
| $1.26B | 0.5% |
5,118,138
+403,956
| +9% | +$96.1M |
|
56
Johnson Controls International
JCI
$93.1B
| $1.24B | 0.49% |
15,743,019
+447,513
| +3% | +$35.9M |
|
57
PepsiCo
PEP
$190B
| $1.23B | 0.49% |
8,100,821
+246,553
| +3% | +$40.4M |
|
58
TotalEnergies
TTE
$189B
| $1.2B | 0.48% |
22,029,522
-698,330
| -3% | -$42.5M |
|
59
Johnson & Johnson
JNJ
$614B
| $1.19B | 0.47% |
8,194,304
+634,105
| +8% | +$98.3M |
|
60
Starbucks
SBUX
$120B
| $1.09B | 0.43% |
11,916,777
+154,093
| +1% | +$14.9M |
|
|
NVO
61
Novo Nordisk
NVO
$196B
| $1.09B | 0.43% |
12,640,489
-664,985
| -5% | -$71.9M |
|
62
BHP
BHP
$222B
| $1.09B | 0.43% |
22,225,134
+280,258
| +1% | +$15.2M |
|
63
Cummins
CMI
$87.8B
| $1.07B | 0.43% |
3,072,457
+66,887
| +2% | +$23.5M |
|
64
Danaher
DHR
$137B
| $1.05B | 0.42% |
4,578,945
+26,305
| +0.6% | +$6.46M |
|
65
Rio Tinto
RIO
$161B
| $1.04B | 0.41% |
17,604,463
+76,368
| +0.4% | +$4.88M |
|
66
ING
ING
$101B
| $1.03B | 0.41% |
66,021,188
-2,429,895
| -4% | -$39.5M |
|
67
Unilever
UL
$138B
| $1.02B | 0.4% |
15,947,523
+1,079,612
| +7% | +$72.9M |
|
68
Carrier Global
CARR
$54.1B
| $977M | 0.39% |
14,313,331
+46,222
| +0.3% | +$3.49M |
|
69
Sony
SONY
$131B
| $961M | 0.38% |
45,420,092
+2,238,317
| +5% | +$43.6M |
|
70
Vanguard S&P 500 ETF
VOO
$1.01T
| $939M | 0.37% |
1,743,203
+40,301
| +2% | +$21.8M |
|
71
Deere & Co
DE
$167B
| $913M | 0.36% |
2,155,613
+160,956
| +8% | +$67.8M |
|
72
Boeing
BA
$187B
| $890M | 0.35% |
5,030,899
+164,042
| +3% | +$25.7M |
|
73
Invesco QQQ Trust
QQQ
$485B
| $887M | 0.35% |
1,735,666
-81,714
| -4% | -$41.3M |
|
74
Illinois Tool Works
ITW
$84.9B
| $873M | 0.35% |
3,443,251
+95,925
| +3% | +$25.5M |
|
75
CSX Corp
CSX
$94.5B
| $805M | 0.32% |
24,956,467
+299,536
| +1% | +$10.3M |
|
Similar funds
Ken Fisher's Q4 2024 Portfolio in Review
As of Q4 2024, Ken Fisher held 1,024 positions worth $251B, up 3% from $244B the previous quarter. Its ten largest holdings account for 35% of the portfolio.
Ken Fisher's Q4 2024 filing shows 105 new, 508 increased, 309 reduced and 49 closed positions. Its largest new stake was Mercury Systems: 395,265 shares worth $16.6M. The largest sale was Wynn Resorts, an estimated $155M.
By sector, the portfolio is most concentrated in Technology at 30% of assets, up from 30% a quarter earlier, followed by Financials and Consumer Discretionary.
- Ken Fisher's largest Q4 2024 buy was Mercury Systems: 395,265 shares worth $16.6M.
- Ken Fisher added most to iShares 7-10 Year Treasury Bond ETF in Q4 2024, an estimated $715M increase.
- Ken Fisher's biggest Q4 2024 reduction was Wynn Resorts, cutting an estimated $155M.
- Ken Fisher fully exited Marathon Oil Corporation in Q4 2024, selling an estimated $76.8M.
- Ken Fisher's ten largest holdings make up 35% of its $251B portfolio in Q4 2024.
- Ken Fisher opened 105 new positions and closed 49 in Q4 2024.
- Ken Fisher's portfolio value rose 3% quarter-over-quarter to $251B.
Based on Fisher Asset Management's 13F filing for Q4 2024, filed 5 Feb 2025.