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 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$821M |
| 2 |
State Street SPDR Portfolio Long Term Treasury ETF
SPTL
|
+$568M |
| 3 |
Advanced Micro Devices
AMD
|
+$428M |
| 4 |
XYZ
Block Inc
XYZ
|
+$419M |
| 5 |
VanEck Semiconductor ETF
SMH
|
+$333M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$683M |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$488M |
| 3 |
Marvell Technology
MRVL
|
+$420M |
| 4 |
iShares Expanded Tech-Software Sector ETF
IGV
|
+$375M |
| 5 |
PayPal
PYPL
|
+$326M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.02% |
| 2 | Financials | 12.11% |
| 3 | Healthcare | 10.27% |
| 4 | Consumer Discretionary | 8.74% |
| 5 | Industrials | 6.96% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
ARNC
751
DELISTED
Arconic Corporation
ARNC
| $583K | ﹤0.01% |
27,570
-783,572
| -97% | -$16.4M |
|
752
Phillips 66
PSX
$81.7B
| $554K | ﹤0.01% |
5,325
+891
| +20% | +$91.1K |
|
753
SEI Investments
SEIC
$12.5B
| $546K | ﹤0.01% |
9,362
-492
| -5% | -$27.7K |
|
754
iShares California Muni Bond ETF
CMF
$4.62B
| $532K | ﹤0.01% |
9,474
-2,183
| -19% | -$121K |
|
755
British American Tobacco
BTI
$128B
| $529K | ﹤0.01% |
13,226
+2,185
| +20% | +$85.9K |
|
756
Eagle Bancorp
EGBN
$845M
| $506K | ﹤0.01% |
11,493
| – | – |
|
757
Duke Energy
DUK
$97.6B
| $498K | ﹤0.01% |
4,835
-953
| -16% | -$91.5K |
|
758
Kinder Morgan
KMI
$69.3B
| $496K | ﹤0.01% |
27,452
+5,290
| +24% | +$95.1K |
|
759
Fidelity MSCI Information Technology Index ETF
FTEC
$21.2B
| $490K | ﹤0.01% |
5,180
+1,133
| +28% | +$109K |
|
760
Vanguard Tax-Exempt Bond Index Fund
VTEB
$45.3B
| $483K | ﹤0.01% |
9,769
-3,523
| -27% | -$172K |
|
761
Fortinet
FTNT
$117B
| $481K | ﹤0.01% |
9,844
-1,273
| -11% | -$66.3K |
|
762
iShares US Broker-Dealers & Securities Exchanges ETF
IAI
$1.36B
| $477K | ﹤0.01% |
4,964
-1,644
| -25% | -$157K |
|
763
W.P. Carey
WPC
$16.4B
| $475K | ﹤0.01% |
6,207
-2,036
| -25% | -$153K |
|
764
Citigroup
C
$226B
| $458K | ﹤0.01% |
10,128
+2,694
| +36% | +$122K |
|
765
J.M. Smucker
SJM
$12.9B
| $457K | ﹤0.01% |
2,883
-345
| -11% | -$51.4K |
|
766
Automatic Data Processing
ADP
$108B
| $454K | ﹤0.01% |
1,899
-665
| -26% | -$163K |
|
767
Pacific Biosciences
PACB
$373M
| $449K | ﹤0.01% |
54,882
| – | – |
|
768
Organon & Co
OGN
$3.56B
| $444K | ﹤0.01% |
15,902
-2,697
| -15% | -$69K |
|
769
CGI
GIB
$15.5B
| $441K | ﹤0.01% |
5,115
-285
| -5% | -$23.5K |
|
770
KLA
KLAC
$259B
| $440K | ﹤0.01% |
11,670
-2,400
| -17% | -$83.6K |
|
771
iShares Core S&P Mid-Cap ETF
IJH
$127B
| $438K | ﹤0.01% |
9,050
+3,740
| +70% | +$181K |
|
772
iShares MSCI EAFE ETF
EFA
$80.1B
| $428K | ﹤0.01% |
6,525
-1,967
| -23% | -$123K |
|
773
iShares 5-10 Year Investment Grade Corporate Bond ETF
IGIB
$18.6B
| $424K | ﹤0.01% |
8,564
-2,368
| -22% | -$116K |
|
774
Dimensional US Core Equity 2 ETF
DFAC
$49.4B
| $423K | ﹤0.01% |
17,417
-3,021
| -15% | -$73.5K |
|
775
eBay
EBAY
$49.9B
| $422K | ﹤0.01% |
10,185
+797
| +8% | +$33K |
|
Similar funds
Ken Fisher's Q4 2022 Portfolio in Review
As of Q4 2022, Ken Fisher held 1,228 positions worth $148B, up 11% from $133B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Ken Fisher's Q4 2022 filing shows 150 new, 438 increased, 394 reduced and 203 closed positions. Its largest new stake was Macerich: 4,023,537 shares worth $45.3M. The largest sale was iShares iBoxx $ Investment Grade Corporate Bond ETF, an estimated $683M.
By sector, the portfolio is most concentrated in Technology at 25% of assets, down from 26% a quarter earlier, followed by Financials and Healthcare.
- Ken Fisher's largest Q4 2022 buy was Macerich: 4,023,537 shares worth $45.3M.
- Ken Fisher added most to Vanguard Intermediate-Term Corporate Bond ETF in Q4 2022, an estimated $821M increase.
- Ken Fisher's biggest Q4 2022 reduction was iShares iBoxx $ Investment Grade Corporate Bond ETF, cutting an estimated $683M.
- Ken Fisher fully exited Fair Isaac in Q4 2022, selling an estimated $35.3M.
- Ken Fisher's ten largest holdings make up 26% of its $148B portfolio in Q4 2022.
- Ken Fisher opened 150 new positions and closed 203 in Q4 2022.
- Ken Fisher's portfolio value rose 11% quarter-over-quarter to $148B.
Based on Fisher Asset Management's 13F filing for Q4 2022, filed 3 Feb 2023.