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 | |
|---|---|---|---|---|---|---|
751
Cogent Biosciences
COGT
$7.24B
| $599K | ﹤0.01% |
101,791
+33,222
| +48% | +$255K |
|
752
Sysco
SYY
$40.3B
| $591K | ﹤0.01% |
8,084
+2,784
| +53% | +$192K |
|
753
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23B
| $590K | ﹤0.01% |
11,504
-842
| -7% | -$42.3K |
|
754
Boot Barn
BOOT
$4.95B
| $586K | ﹤0.01% |
7,637
-3,118
| -29% | -$234K |
|
755
Kroger
KR
$34.8B
| $584K | ﹤0.01% |
12,785
+3,545
| +38% | +$157K |
|
756
American Electric Power
AEP
$68.4B
| $584K | ﹤0.01% |
7,190
+1,892
| +36% | +$147K |
|
757
VanEck China Bond ETF
CBON
$26.3M
| $574K | ﹤0.01% |
+25,951
| New | +$563K |
|
758
Bruker
BRKR
$8.14B
| $567K | ﹤0.01% |
7,720
| – | – |
|
759
Dow Inc
DOW
$21.2B
| $567K | ﹤0.01% |
10,343
-1,587
| -13% | -$81.1K |
|
760
General Dynamics
GD
$106B
| $566K | ﹤0.01% |
2,178
-12,015
| -85% | -$2.93M |
|
761
Automatic Data Processing
ADP
$108B
| $563K | ﹤0.01% |
2,417
-88
| -4% | -$20.5K |
|
762
Vanguard Russell 2000 ETF
VTWO
$17.9B
| $556K | ﹤0.01% |
6,858
-13
| -0.2% | -$942 |
|
763
SEI Investments
SEIC
$12.6B
| $550K | ﹤0.01% |
8,648
+500
| +6% | +$29.2K |
|
764
Berkshire Hathaway Class A
BRK.A
$1.12T
| $543K | ﹤0.01% |
+1
| New | +$534K |
|
765
Linde
LIN
$226B
| $541K | ﹤0.01% |
1,318
+288
| +28% | +$114K |
|
766
Pacific Biosciences
PACB
$370M
| $539K | ﹤0.01% |
54,954
+72
| +0.1% | +$589 |
|
767
Palo Alto Networks
PANW
$297B
| $533K | ﹤0.01% |
3,612
+242
| +7% | +$32.4K |
|
768
Lyft
LYFT
$6.63B
| $527K | ﹤0.01% |
35,188
-37,385
| -52% | -$435K |
|
769
Oneok
OKE
$54.5B
| $521K | ﹤0.01% |
7,413
-11,337
| -60% | -$760K |
|
770
iShares Russell 1000 Value ETF
IWD
$83.7B
| $519K | ﹤0.01% |
3,139
-326
| -9% | -$50.3K |
|
771
Vanguard Real Estate ETF
VNQ
$39B
| $509K | ﹤0.01% |
5,755
+1,932
| +51% | +$153K |
|
772
Corning
GLW
$143B
| $507K | ﹤0.01% |
16,647
+6,276
| +61% | +$179K |
|
773
TJX Companies
TJX
$178B
| $507K | ﹤0.01% |
5,400
+827
| +18% | +$74.2K |
|
774
Papa John's
PZZA
$806M
| $499K | ﹤0.01% |
6,550
-2,621
| -29% | -$178K |
|
775
iShares Core MSCI Emerging Markets ETF
IEMG
$156B
| $499K | ﹤0.01% |
9,871
-6,891
| -41% | -$334K |
|
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.