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 |
ExxonMobil
XOM
|
+$1.18B |
| 2 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$340M |
| 3 |
Coca-Cola
KO
|
+$280M |
| 4 |
NVIDIA
NVDA
|
+$274M |
| 5 |
iShares US Pharmaceuticals ETF
IHE
|
+$209M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
SI
SIEMENS AKTIENGESELLSCHAFT ADS
SI
|
+$828M |
| 2 |
ABB
ABB Ltd
ABB
|
+$679M |
| 3 |
NextEra Energy
NEE
|
+$553M |
| 4 |
iShares Expanded Tech-Software Sector ETF
IGV
|
+$231M |
| 5 |
PepsiCo
PEP
|
+$224M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 30% |
| 2 | Financials | 12.45% |
| 3 | Consumer Discretionary | 10.07% |
| 4 | Healthcare | 9.87% |
| 5 | Industrials | 7.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
726
WisdomTree
WT
$3.22B
| $774K | ﹤0.01% |
111,632
| – | – |
|
727
iShares MSCI Spain ETF
EWP
$2.17B
| $770K | ﹤0.01% |
25,134
-5,618
| -18% | -$162K |
|
728
Archrock
AROC
$5.8B
| $752K | ﹤0.01% |
+48,805
| New | +$679K |
|
729
Stoneridge
SRI
$213M
| $746K | ﹤0.01% |
38,124
| – | – |
|
730
Yum China
YUMC
$16.3B
| $744K | ﹤0.01% |
17,539
+4,085
| +30% | +$190K |
|
|
JNPR
731
DELISTED
Juniper Networks
JNPR
| $735K | ﹤0.01% |
24,938
-5,354
| -18% | -$147K |
|
732
PNC Financial Services
PNC
$101B
| $731K | ﹤0.01% |
4,723
-1,265
| -21% | -$164K |
|
733
Palantir
PLTR
$413B
| $727K | ﹤0.01% |
+42,352
| New | +$754K |
|
734
CF Industries
CF
$17.3B
| $718K | ﹤0.01% |
9,025
-1,786
| -17% | -$142K |
|
735
iShares California Muni Bond ETF
CMF
$4.62B
| $701K | ﹤0.01% |
12,101
+2,191
| +22% | +$122K |
|
736
Fortinet
FTNT
$117B
| $700K | ﹤0.01% |
11,961
+2,373
| +25% | +$131K |
|
737
iShares MSCI USA Quality Factor ETF
QUAL
$47.9B
| $697K | ﹤0.01% |
4,739
-339
| -7% | -$46.9K |
|
738
Teleflex
TFX
$5.98B
| $676K | ﹤0.01% |
2,711
-983
| -27% | -$210K |
|
|
SFBS
739
ServisFirst Bancshares
SFBS
$4.86B
| $674K | ﹤0.01% |
10,112
-2,309
| -19% | -$125K |
|
740
Replimune Group
REPL
$1.01B
| $655K | ﹤0.01% |
77,663
+21,267
| +38% | +$247K |
|
741
Global X FinTech ETF
FINX
$170M
| $651K | ﹤0.01% |
25,456
-13,029
| -34% | -$280K |
|
742
Invesco California AMT-Free Municipal Bond ETF
PWZ
$1.16B
| $649K | ﹤0.01% |
26,000
| – | – |
|
743
Royal Caribbean
RCL
$85.6B
| $645K | ﹤0.01% |
4,981
-1,232
| -20% | -$126K |
|
|
HOLX
744
DELISTED
Hologic
HOLX
| $642K | ﹤0.01% |
8,990
-821
| -8% | -$57.2K |
|
745
Hilton Worldwide
HLT
$71.5B
| $632K | ﹤0.01% |
3,471
+1,295
| +60% | +$211K |
|
746
Vanguard Consumer Discretionary ETF
VCR
$6.33B
| $631K | ﹤0.01% |
2,070
+277
| +15% | +$77.2K |
|
747
Zimmer Biomet
ZBH
$18.4B
| $621K | ﹤0.01% |
5,100
-609
| -11% | -$68K |
|
748
Blackstone
BX
$110B
| $614K | ﹤0.01% |
4,688
+459
| +11% | +$49.7K |
|
749
KraneShares CSI China Internet ETF
KWEB
$5.67B
| $612K | ﹤0.01% |
22,677
+1,933
| +9% | +$52.4K |
|
750
iShares Global Consumer Discretionary ETF
RXI
$278M
| $599K | ﹤0.01% |
3,764
+1,437
| +62% | +$214K |
|
Similar funds
Ken Fisher's Q4 2023 Portfolio in Review
As of Q4 2023, Ken Fisher held 1,269 positions worth $189B, up 7.3% from $176B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Ken Fisher withdrew a net $8.48B in Q4 2023, closing 288 positions and reducing 487 holdings. Its most notable exit was SIEMENS AKTIENGESELLSCHAFT ADS, an estimated $828M position sold in full.
By sector, the portfolio is most concentrated in Technology at 30% of assets, up from 27% a quarter earlier, followed by Financials and Consumer Discretionary.
Against the trend, Ken Fisher opened a new position in Veralto worth $93.6M.
- Ken Fisher's largest Q4 2023 buy was Veralto: 1,137,890 shares worth $93.6M.
- Ken Fisher added most to ExxonMobil in Q4 2023, an estimated $1.18B increase.
- Ken Fisher's biggest Q4 2023 reduction was NextEra Energy, cutting an estimated $553M.
- Ken Fisher fully exited SIEMENS AKTIENGESELLSCHAFT ADS in Q4 2023, selling an estimated $828M.
- Ken Fisher's ten largest holdings make up 31% of its $189B portfolio in Q4 2023.
- Ken Fisher opened 101 new positions and closed 288 in Q4 2023.
- Ken Fisher's portfolio value rose 7.3% quarter-over-quarter to $189B.
Based on Fisher Asset Management's 13F filing for Q4 2023, filed 6 Feb 2024.