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 | |
|---|---|---|---|---|---|---|
776
iShares MSCI EAFE Growth ETF
EFG
$17.3B
| $493K | ﹤0.01% |
5,090
-1,482
| -23% | -$133K |
|
777
State Street SPDR Portfolio Developed World ex-US ETF
SPDW
$41.6B
| $487K | ﹤0.01% |
14,327
+6,900
| +93% | +$219K |
|
778
Vanguard Morningstar Small-Cap Value ETF
VBR
$37.9B
| $487K | ﹤0.01% |
+2,704
| New | +$441K |
|
779
National Grid
NGG
$81.3B
| $484K | ﹤0.01% |
7,561
+1,453
| +24% | +$86.7K |
|
780
Sempra
SRE
$54.8B
| $483K | ﹤0.01% |
6,467
+2,490
| +63% | +$178K |
|
781
iShares Select Dividend ETF
DVY
$23.6B
| $483K | ﹤0.01% |
+4,117
| New | +$453K |
|
782
Cognizant
CTSH
$26B
| $479K | ﹤0.01% |
6,341
-43
| -0.7% | -$2.97K |
|
783
Public Service Enterprise Group
PEG
$37.7B
| $475K | ﹤0.01% |
7,773
-200
| -3% | -$12.3K |
|
784
HP
HPQ
$27.5B
| $472K | ﹤0.01% |
+15,697
| New | +$440K |
|
785
Invesco S&P 500 Equal Weight Technology ETF
RSPT
$5.87B
| $472K | ﹤0.01% |
14,470
+2,591
| +22% | +$76.1K |
|
786
Vanguard Mortgage-Backed Securities ETF
VMBS
$15.5B
| $472K | ﹤0.01% |
10,178
+1,580
| +18% | +$69.8K |
|
|
SNV
787
DELISTED
Synovus
SNV
| $469K | ﹤0.01% |
12,463
+57
| +0.5% | +$1.74K |
|
788
iShares MSCI EAFE ETF
EFA
$80.2B
| $466K | ﹤0.01% |
6,189
-6,589
| -52% | -$466K |
|
789
Camden Property Trust
CPT
$11.1B
| $465K | ﹤0.01% |
4,685
+12
| +0.3% | +$1.11K |
|
790
Cigna
CI
$74.6B
| $464K | ﹤0.01% |
1,550
+214
| +16% | +$62.5K |
|
791
CrowdStrike
CRWD
$218B
| $464K | ﹤0.01% |
+7,264
| New | +$380K |
|
792
STMicroelectronics
STM
$50B
| $458K | ﹤0.01% |
9,131
+2,505
| +38% | +$112K |
|
793
Constellation Energy
CEG
$96.4B
| $455K | ﹤0.01% |
3,893
-847
| -18% | -$98.9K |
|
794
Repay Holdings
RPAY
$327M
| $451K | ﹤0.01% |
52,819
+2,057
| +4% | +$14.5K |
|
795
Corteva
CTVA
$51.3B
| $449K | ﹤0.01% |
9,380
+2,635
| +39% | +$126K |
|
796
iShares Global Financials ETF
IXG
$687M
| $449K | ﹤0.01% |
5,709
-287
| -5% | -$20.9K |
|
797
Schwab US Large-Cap Growth ETF
SCHG
$62.8B
| $444K | ﹤0.01% |
21,400
-3,588
| -14% | -$69.4K |
|
798
Vanguard FTSE All-World ex-US ETF
VEU
$68.5B
| $443K | ﹤0.01% |
7,883
+1,077
| +16% | +$57.1K |
|
799
VanEck Morningstar Wide Moat ETF
MOAT
$12.3B
| $442K | ﹤0.01% |
+5,213
| New | +$405K |
|
800
CGI
GIB
$15.5B
| $442K | ﹤0.01% |
4,125
-124
| -3% | -$12.6K |
|
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.